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🚨 What You're Missing 🚨 |
| | Almost 6 months after announcing CEO Gavin Hattersley’s retirement, Molson Coors has named chief strategy officer Rahul Goyal as his successor. Goyal, a 24-year company vet, will assume the president and CEO roles on October 1. Insiders are getting all the details in a rare, triple-bylined story from the whole team. Insiders are reading more in the Brewbound Insider Newsletter, including: - The latest weekly scan data from Circana;
- Labor Day weekend on-premise data from CGA;
- A new soju-based RTD from Nectar;
- And a Milwaukee brewery’s reopening with a familiar face at the helm.
Insiders also have access to the Brewbound Newsletter Archive, including previous newsletter-exclusive Insider content. Become a Brewbound Insider today! Or, be in the know on all food and beverage news from Brewbound, BevNET and NOSH with Insider All Access. |
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| | Sponsored message from NBWA | NBWA's 88th Annual Convention & Trade Show (Oct. 12-15 in Las Vegas) is where beer and beverage professionals discover the products, technology and ideas that will define the industry's future. It's not too late to book your spot and set your company up for success!
Learn more
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Today's Top Story |
| | Molson Coors named long-time chief strategy officer Rahul Goyal as the company’s new president and CEO, succeeding Gavin Hattersley who announced in April plans to retire at the end of the year. Goyal will assume the company’s top role, effective October 1. Hattersley will transition into an advisory role through his December 31 retirement date. Insiders can read more about Goyal’s career at Molson Coors, Hattersley’s tenure and their pay moving forward. |
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Data Dive |
| | | Bev-alc remained in decline in the latest week (data ending September 14), recording “predicted post-holiday results,” according to the most recent weekly report from market research firm Circana and EVP of BevAl Scott Scanlon.
Total bev-alc dollar sales declined 3.3% YoY and 2% WoW. Bev-alc volume, measured in case sales, fell 4.6% YoY. Insiders can read more, including the latest performances from beer, wine, spirits, RTDs and top beer brand families. |
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| | | This year’s lackluster Labor Day was not exclusive to the off-premise, according to the latest report from CGA, the on-premise arm of market research firm NIQ.
Sales velocity at bars and restaurants declined 10% on Labor Day (Monday, September 1) compared to the holiday in 2024 (Monday, September 2). Average check value was down 7% YoY, while traffic declined 4%. Insiders can dive deeper into recent on-premise data here. |
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On Tap This Week |
| | Expect several craft-centric data stories this week, as the team has been analyzing Circana’s monthly report and a webinar from 3 Tier Beverages featuring a look at Rhinegeist Brewery’s portfolio strategy. Plus, Brandon Richards, president of AleSmith Brewing (San Diego), joins the Brewbound Podcast this week for a conversation about how the brewery is celebrating its 30th birthday. The chat also highlights how AleSmith has pivoted to grow its contract business to larger volumes than its own brand, how the company supports its clients and innovation products under the AleSmith brand. |
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Last Week in Beer |
| | Feeling the seasonal creep? Great Lakes is one-upping everyone with their vaunted Christmas Ale seasonal, with a “First Pour” set for October 16. Brewbound’s Insider’s Week in Beer weekend newsletter bemoans the encroachment starting before Halloween. Plus, this week’s beer goes to Moosehead for going all cans in 2026. Insiders can catch up on those stories and more here. |
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Save the Date |
| | The Brewbound Podcast On Location returns to the National Beer Wholesalers Association’s 88th Annual Convention and Trade Show on October 13-14 at Caesars Palace in Las Vegas. Want to sit down for a chat on the mics? Drop us a note at podcast@brewbound.com. Before the whole team assembles in Sin City, Zoe and Jess will be checking out the Great American Beer Festival in Denver from October 9-11. Please send any and all recommendations for pickle beers (other beers too, please) pouring at the fest to news@brewbound.com. |
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Now Hiring |
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👋 That's all for today's Brewbound Newsletter |
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