The cost of a bad brewery-distributor relationship
When officials with the Matt Brewing Company tried to end their contract with a wholesaler of one of their beer brands seeing low sales, they didn’t think they’d have trouble, but the company refused. "We ended up losing $200,000 or $300,000 on that brand and were not able to develop it at that time," said Nick Matt, chairman and CEO of the F.X. Matt Brewing Company.
A bill to allow small brewers to get out of distributor contracts (if they pay the distributor fair market value) currently sits on the New York governor’s desk, waiting to be signed.
via Your News Now.
Breweries: Matt Brewing (Saranac)
