Molson Sues SABMiller
Molson Coors is suing SABMiller to stop it from terminating a distribution pact in Canada.
Margins Weaken at Molson Coors
Molson Coors's fourth-quarter earnings fell 65% amid sharply higher tax expenses and weaker margins, though sales received a boost from its 2012 acquisition of Central and East European brewer StarBev.
Strange Brew: When the Bottle Matters More Than the Beer Inside
If the biggest selling point for a new beer is the bottle that it comes in, what does that say about the beer itself? There’s no doubt that the labels on beer, wine, and liquor influence our buying decisions. Vodka is supposedly tasteless, so the main justification for buying a top-shelf brand would appear to be that then you can show off the top-shelf label. If many drinkers were honest, they’d admit that they often pick out wines for no other reason than the bottles feature cute animals or a funny name. Studies have even shown that wine drinkers are willing to pay more for wines that feature fancy, hard-to-pronounce names. As for beer, some brewers are resorting to crude, offensive names like Raging Bitch and Dirty Bastard to help them stand out from the pack. Lately, beers are taking the superficial approach to the next level. It’s not enough to come up with a clever name or an eye-grabbing label. To attract drinkers to a beer nowadays, the beverage must come in a bottle that’s ...
Beermaker Molson Coors blames NHL strike for poor sales
The CEO of Molson Coors says the strike in the National Hockey League has affected sales up north.
Craft Beer Gets the ‘Fast-Casual’ Treatment
Beer snobs, rejoice! Now you can have your cheap eats and fancy brew, too. A growing number of restaurants in the not-quite-fast-food category like Chipotle Mexican Grill and Smashburger are getting into the business of pouring craft beer to go with their burgers, wraps, and other casual fare. Chipotle has announced it would begin offering craft brews on a test basis in 15 of its Chicago restaurants. Some locations previously sold mass-market beers (Coors Light, Corona), but now selections will include a golden ale and a dark chili-infused ale from craft brewer 5 Rabbit, the Chicago Tribune says. The Mexican chain has plenty of company these days. Nation’s Restaurant News reported over the summer that Noodles & Co. was testing a craft beer rollout in five of its locations across the country. Last month, the Boston Beer Company (brewer of Samuel Adams beer) announced a partnership with pizza chain Bertucci’s. Diners can even try beer “pairings” that match seasonal and specialty brews ...