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   You would think that the problems facing Bud Light due to the   
   fallout from its marketing deal with transgender social media   
   influencer Dylan Mulvaney would be good for smaller brewers. The   
   once top-selling beer brand in the United States has lost over 25%   
   of its sales and you have to assume that those customers did not   
   stop drinking beer.   
      
   The reality is that the struggles of the Anheuser-Busch In-Bev   
   (BUD) brand seem to be good for other mass-market beer makers.   
   Brands like Modelo, the new top-selling beer in the world, as well   
   as Coors Light, and Miller Lite have seen their shares grow.   
      
   Craft brewers, which have been struggling since the Covid pandemic   
   have been failing as it appears the craft beer boom has peaked. This   
   has already claimed Anchor Brewing Company, a San Francisco icon   
   that has been operating since 1896.   
      
   That famed brand had a quick demise in July when it first announced   
   plans to limit distribution to California and followed that nearly   
   immediately with a notice that it would close and liquidate.   
   Anchor's situation is not unique, A Google search for "craft brewery   
   closing" brings up numerous headlines listing local names that have   
   shut down.   
      
   An Oregon Public Radio story with the headline "Is peak craft beer   
   over?" shares what's happening locally that mirrors the national   
   scene.   
      
   "Within the last month, seven breweries and taprooms in Portland   
   have closed or announced their upcoming closure. Rising costs of   
   operation, changes in consumer drinking habits, and the lingering   
   effects of the pandemic have all affected the market," the website   
   reported.   
      
   It's a growing trend that has now claimed another name.   
      
   Craft brewery files for Chapter 11 bankruptcy protection   
   You can partially blame the Covid pandemic for why regional   
   breweries have struggled. While many of these brands sell their   
   beers in stores regionally, they support their operations by having   
   taprooms. When they lost the revenue from making in-house sales,   
   their wholesale operations were not big enough to pay the rent.   
      
   Metropolitan Brewing, one of Chicago's oldest craft breweries (it   
   opened in 2008-2009) has filed filed Chapter 11 bankruptcy largely   
   because it cannot afford to pay the back rent it owes its lenders.   
      
   https://www.thestreet.com/restaurants/forget-bud-light-popular-   
   beer-brand-files-for-bankruptcy   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)