Americans are buying more alcohol during the coronavirus pandemic, but craft brewers are struggling to stay in business.
“There were some pretty gut-wrenching decisions we had to make,” Fish said. “These people are our friends, our family.”
But experts say most of the 8,000-plus craft brewers nationwide don’t sell in grocery stores and can’t afford to produce large cases. Their revenue comes from sales of kegs to bars and restaurants or from their own tasting rooms and brewery sales. According to industry trade group Brewers Association, craft beer makers represent about 1 out of 3 beers poured in the country. With that gone, brewers are in trouble.
“It's the smallest breweries that are in the most trouble,” said Brewers Association chief economist Bart Watson. “They've got the fewest places to pivot.”in Michigan, said that two-fifths of its business was from restaurants and bars. And though the company has seen an increase in sales through stores, it still has to figure out what to do with the 50,000 kegs — about 6.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Grocery stores see food supplies stabilizing, but don't expect hand sanitizer anytime soonAmerica’s food supply is stabilizing, but it will be up to consumers to keep the supply for some hot-button items in check, Kroger CEO Rodney McMullen said in an exclusive with 'Good Morning America.' “I was in the store last night — we had toilet paper, plenty of meat variety products: beef
Read more »
NYC Council Proposes Bonuses For Hospital, Grocery Store WorkersEfforts to get the federal government to enact similar legislation have not yet been fruitful.
Read more »
NYC Council Proposes Bonuses For Hospital, Grocery Store WorkersNew York City Council will introduce legislation today requiring bonuses for workers at hospitals, grocery stores, and other essential businesses
Read more »
We have plenty of food, so why are grocery store shelves so empty?Experts and executives say the food supply chain in the U.S. has struggled to shift from foodservice to retail.
Read more »