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The reason was a “combination of challenging economic factors and declining sales since 2016
impacts of the pandemic, inflation, especially in San Francisco, and a highly competitive market left the company with no option but to close
The brewery employee group, represented by Warehouse Union Local 6 ILWU, wants to buy Anchor and run it as a worker co-op.
Anchor remains hopeful that one of the bidders or investors will keep the company going for future generations
Sapporo, a Japanese company, bought Anchor in 2017.
Sapporo could not manage it properly due to the lack understanding of craft beer in the United States.
Under Sapporo’s ownership, production of Anchor’s beer declined every year except in 2021
NIQ data given to Craft Business Daily showed the category’s sales are down nearly 4% year to date and volume is down more than 7% in 2023.
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