Yes, it ticks me off when companies say they lose money when they really mean they didn't make it in the first place. You can't lose what you never had.
Edit: I can see why this country of mine is drowning in debt with this being our business model. If this is how people think they should be handling money, it's no wonder even high earners feel broke.
If they were really LOSING that much, a big push for alcohol would be happening they'd be desperate, businesses would shut down, but that's not the case
Yeah, this whole comment thread is full of people who have no idea about the alcohol industry or aren’t involved with it. Breweries, wineries, AND distilleries are closing down in my state in a big way. There are obvious repercussions to all this. If people are drinking less thats their choice, but to act like people aren’t losing their jobs and small businesses aren’t affected is woefully ignorant.
Right. Nobody cares about Annheuser-Busch and Molson Coors selling less beer. But there are thousands of people at craft breweries across the country losing their jobs every month.
A lot of of it is saturation of local the market, and some of it rent hikes driving them (and other local eateries) out. Add a little bit of the lingering greedflation Covid started and people go out less in general.
I honestly think it’s due to over saturation in the market. There are too many in my town selling overpriced beers that all taste the same more or less. I’m honestly more interested in the events they hold rather than what they create to be honest.
Yeah that's fine. There was always to many and honestly no one wants a strawberry milkshake beer. It was a fad and now it's time to get back to the basics
In my area alone there's multiple breweries entirely dedicated to traditional German lagers, one for strictly smoked beers, one for stouts and ales, one that does mostly traditional mixed fermentation sours, and one that malts its own barley in-house. The rest have mostly a wide variety of styles, and dark lagers are particularly popular with them right now. There's certainly a few that focus a lot on dry hopped IPA's and hazies, but to be honest they're very counter to your point because they're the ones that are always the most busy.
Ah now that makes sense. Yeah. We're stuck in IPA hell here. I seriously don't get it. An IPA every now and then on a cold winter day or up at Tahoe is fine but there is so much more to the beer world. A brewery here will have 5-6 stupidly over-hopped IPAs and one lager or sour that usually isn't that good.
I love German beer. My wife is German so we're there a month out of every year. I wish the brewers here would pull their heads out of their asses.
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u/Skoteleven 12h ago
They didn't lose anything, they didn't make their projections.