San Francisco's historic Anchor Brewing shuts down, citing 'sluggish' business

  • 📰 latimesfood
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

The beer institution was losing around $10 million per year since COVID-19 'significantly affected' its business, according to parent company Sapporo Holdings Ltd.

San Francisco’s historic Anchor Brewing Co. will shut down and is no longer making beer, the company announced, signaling the end of a 127-year run for the California institution that weathered wars, Prohibition and the great earthquake of 1906.

“This was an extremely difficult decision that we reached only after many months of careful evaluation,” said Sam Singer, a spokesperson for Anchor Brewing. “We recognize the importance and historic significance of Anchor to San Francisco and to the craft brewing industry, but the impacts of the pandemic, inflation, especially in San Francisco, and a highly competitive market left us with no option but to make this sad decision to cease operations.

The brewery was founded in 1896, when Ernst Baruth and Otto Schinkel Jr. bought a beer-and-billiards hall on Pacific Street in San Francisco and dubbed it Anchor. The original location burned down in the blazes that followed the 1906 earthquake.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 699. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Historic Anchor Brewing Company in San Francisco ceasing operations; Will file for bankruptcyA landmark company in San Francisco has turned off its taps.
Sumber: KPIXtv - 🏆 443. / 53 Baca lebih lajut »

Century-old San Francisco Anchor Brewing company closingAnchor Brewing Company officials announced early Wednesday that it will cease operations and liquidate the business -- established in 1896 -- citing economic factors including declining sales since 2016.
Sumber: KTVU - 🏆 465. / 53 Baca lebih lajut »