Less than a week after an annual Gallup poll found that beer is the preferred alcoholic beverage for 40 percent of American drinkers, Wall Street downgraded the stock of Boston Beer Company and Constellation Brands because people aren't drinking enough beer.
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At what point is an alcohol column not an alcohol column? Probably when it's about alcohol-free drinks, you might say.
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The spirits industry in the U.S. is big business — topping $210 billion last year and growing. The ad spend behind getting people to pick one brand over another is even bigger.
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Short's Brewing Co., which until last year used the slogan Michigan only, Michigan forever," announced Wednesday that it sold a 19.99% stake to California-based Lagunitas Brewing Co. "
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New Zealand winemakers now have legal protection against growers taking advantage of the reputation of famous wine growing regions.
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Beer before liquor? Not for millennials.
The makers of Corona, Modelo and Samuel Adams are seeing especially declining sales thanks to a shift in taste by younger generations.
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(CNN) — When WhistlePig's Boss Hog IV The Black Prince" rye whiskey won "best in show" at the prestigious 2017 San Francisco World Spirits Competition, it dominated a field of whiskeys from around the globe."
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Current wine consumption is skewed towards younger drinkers, but that market should expand as the millennial population grows older, as has already been seen in developed nations, according to the research led by analysts Liao Xufa and Lincoln Kong.
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Independent US wine and spirits retailer Total Wine & More has joined forces with Minibar Delivery to offer Virginia-based consumers a two-hour alcohol delivery service.
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Aldi has become the latest retailer to bump up its low alcohol range with the addition of four new 5.5% ABV wines.