Lagunitas Brewing closing Chicago brewing operations and taproom amid declining sales

Bottles are blurred as they move down the bottling line on April 18, 2014, at the newly opened Lagunitas Brewery in the Douglas Park neighborhood of Chicago. Brewery operations in progress during a tour on Aug. 11, 2015, at the Lagunitas Brewery. People listen to Kyle Cooney speak on Aug. 11, 2015, at the Lagunitas Brewery. People watch operations in progress after a tour on Aug. 11, 2015, at the Lagunitas Brewery. The Chicago manufacturing operation of Lagunitas Brewing Co.

The closure will affect 86 employees, the company said. Some will work in remote positions or relocate to California, while others will work through the transition and get “departure packages including support services and job-placement assistance,” the company said. Craft brewer volume sales decreased by 1% in 2023, according to the Brewers Association, while retail dollar sales increased by 3% to $28.9 billion, due in part to price increases. Craft brewer sales make up nearly 25% of the $117 billion U.S. beer market.

Lagunitas’ sales in Chicago took a hit compared with other markets, according to Beer Marketer’s Insights. The company’s dollar sales declined 14% in 2023 in Chicago multi-outlet and convenience retailers. The company’s dollar sales were also down 4% year-to-date through early May, while volume was down 7%.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lagunitas' Chicago location moving brewing operations to California this summerLagunitas Brewing Company is closing its brewing, packaging and restaurant at its Chicago location this summer, according to a letter sent to employees and obtained by ABC7 Chicago Thursday.
Source: ABC7Chicago - 🏆 284. / 63 Read more »

Lagunitas Brewing Company to close Chicago brewery and taproomLagunitas will move its Chicago brewing operation to their original brewery in California by early August, and permanently close its Chicago brewery and taproom.
Source: cbschicago - 🏆 546. / 51 Read more »

Lagunitas to close its Chicago TapRoom this summerLagunitas Brewing Company announced Thursday it will permanently close its Chicago TapRoom this summer.
Source: fox32news - 🏆 547. / 51 Read more »

Lagunitas' Chicago taproom to close this summer, company announcesLagunitas Brewing Company has announced that it will close its brewing operations and taproom in Chicago later this summer after more than a decade in the…
Source: nbcchicago - 🏆 545. / 51 Read more »