Another troubled beer brand files for Chapter 11 bankruptcy
NegativeFinancial Markets

Another craft beer brand has filed for Chapter 11 bankruptcy, highlighting the ongoing struggles within the industry as it continues to recover from the financial impacts of the Covid pandemic. The decline in the number of craft breweries in the U.S. from 9,747 in 2023 to 9,680 in 2024 reflects a challenging environment for these businesses. This matters because it signals a shift in consumer preferences and the economic pressures that are reshaping the dining landscape, affecting not just breweries but also the restaurants that rely on them.
— via World Pulse Now AI Editorial System
