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11.04.2009 1:12 pm

MillerCoors’ profits, revenue rise; Anheuser-Busch InBev not the only one cutting costs

St. Louis Post-Dispatch

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MillerCoors‘ third-quarter profit rose 37 percent as cost cuts and strengthened sales of the company’s cheaper beers helped buoy the brewer’s profits, the Wall Street Journal is reporting.

It’s a fascinating look at how well Anheuser-Busch InBev’s toughest…

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08.20.2009 10:02 am

Molson Coors issues cautious outlook, focuses on controlling costs

St. Louis Post-Dispatch

Molson Coors will work to cut costs and lure consumers with promotional packages during the rest of this year, as forecasting sales trends remains difficult, Reuters is reporting.

Molson Coors, jointly headquartered in Denver and Montreal, makes Coors Light and a variety of…

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08.13.2009 8:36 pm

MillerCoors CEO says “we are writing beer history”

St. Louis Post-Dispatch

[Get our Twitter updates here, and check the Post-Dispatch on Sunday for more beer coverage.]

Crain’s Chicago Business has a fascinating profile of Leo Kiely, the feisty chief executive of Chicago-based MillerCoors. Kiely has an extremely interesting job: taking on Anheuser-Busch in the U.S.

Reporter…

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08.03.2009 1:26 pm

MillerCoors, one year later: Cost savings on track, market share hanging steady

St. Louis Post-Dispatch

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One year after the joint venture between SABMiller and Molson Coors shook the beer-making world, the merger has achieved efficiencies that have surpassed goals set by company leaders, the Denver Business Journal reports.

The joint venture, which became official…

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07.23.2009 10:28 am

Coors Light vs. Bud Light: My media strategy can beat up your media strategy!

St. Louis Post-Dispatch

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Bud Light and Coors Light are massive brands that dominate the U.S. beer industry. They go head-to-head on the grocery store shelves and in the ice cooler. The summer, as always, is the stage of their ongoing…

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06.30.2009 2:34 pm

MillerCoors hires new vice president of Coors brands

St. Louis Post-Dispatch

MillerCoors, the Chicago-based competitor to Anheuser-Busch, has hired a soft drink executive to lead the company’s Coors Light and Coors Banquet brands. (Hat tip to the Milwaukee Journal Sentinel, story here.)

Rick Gomez most recently worked at PepsiCo as vice president of marketing waters,…

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06.23.2009 10:42 am

U.S. brewers tangle in a tough year; It’s a rain forest out there, people!

St. Louis Post-Dispatch

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The U.S. beer business is getting tougher. In industry parlance, the “pie” does not seem to be growing. Sales are lackluster, and industry types are wondering if this will lead to more intense competition as mega-brewers…

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06.19.2009 11:26 am

In a soft market, MillerCoors won Memorial Day, Anheuser-Busch lost

St. Louis Post-Dispatch

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The beer business did not exactly set the world ablaze this Memorial Day, the year’s first key holiday period for brewers. Overall, beer sales were down seven tenths of a percentage point in food, drug…

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06.17.2009 10:03 am

Recession challenges U.S. beer industry

St. Louis Post-Dispatch

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What is the recession doing to the U.S. beer industry? A study released recently by Morgan Stanley analysts Michael Steib and Eveline Varin attempts to sum up the shakeout. The 26-page report was based on an April survey…

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06.05.2009 10:46 am

U.S. beer industry’s growth to slow, says MillerCoors

St. Louis Post-Dispatch

MillerCoors, the second-largest brewer in the U.S. behind Anheuser-Busch, said the economic slump will probably slow the growth of the U.S. beer industry, but less dramatically than wine and spirits.

The brewer of Miller Lite and Coors Light expects the annual growth rate…

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