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We have a trivia question in order to register to prevent bots. If you have any issues with answering, contact us at cass@bartowel.com for help.
Introducing Light Mode! If you would like a Bar Towel social experience that isn't the traditional blue, you can now select Light Mode. Go to the User Control Panel and then Board Preferences, and select "Day Drinking" (Light Mode) from the My Board Style drop-down menu. You can always switch back to "Night Drinking" (Dark Mode). Enjoy!
New Beer Store Deal
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- Bar Fly
- Posts: 641
- Joined: Mon May 25, 2009 9:25 am
- Location: Ottawa
New Beer Store Deal
http://www.newswire.ca/en/story/1469257 ... e-unveiled
Looks like they are reducing or eliminating a bunch of listing fees (small brewers can get into up to 5 local stores for free.
They will also be selling shares of the beer store for $100 or $1000, depending on brewery size. Not sure how many total shares there are though which means not sure how much power 1 share will have.
Looks like they are reducing or eliminating a bunch of listing fees (small brewers can get into up to 5 local stores for free.
They will also be selling shares of the beer store for $100 or $1000, depending on brewery size. Not sure how many total shares there are though which means not sure how much power 1 share will have.
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- Posts: 220
- Joined: Thu Nov 22, 2012 5:45 pm
- Location: Browntown
When I hear ownership, I immediately wonder about the numbers and the power of control.
guessing in the ~0% range.Kel Varnsen wrote: not sure how much power 1 share will have.
It's good that this somewhat helps small breweries but it really doesn't do much. People that would go to the 5 closest Beer Stores are probably already making a small trek to the brewery to get their beer.
This screams of a "Hey look over there, something shiny!" to take the view off of the bad PR that is going on with the agreement with the LCBO.
This screams of a "Hey look over there, something shiny!" to take the view off of the bad PR that is going on with the agreement with the LCBO.
Not that they're looking to get into the Beer Store, but Bellwoods Brewery, under these new rules, would be able to sell their beer at TBS as far away as Dufferin Mall! Wooo!cfrancis wrote:People that would go to the 5 closest Beer Stores are probably already making a small trek to the brewery to get their beer.
I wonder if they could talk TBS into opening a location in their new production facility? Then they could have that second retail location they've been wanting.nickw wrote:Not that they're looking to get into the Beer Store, but Bellwoods Brewery, under these new rules, would be able to sell their beer at TBS as far away as Dufferin Mall! Wooo!cfrancis wrote:People that would go to the 5 closest Beer Stores are probably already making a small trek to the brewery to get their beer.
- groulxsome
- Posts: 470
- Joined: Mon Apr 30, 2012 3:24 pm
Why not just sell in the Dufferin Mall location!? Whenever I think of some of the most sought after beer in Ontario, I always think, "boy, I'd love to buy that at the Dufferin Mall!"Craig wrote:I wonder if they could talk TBS into opening a location in their new production facility? Then they could have that second retail location they've been wanting.nickw wrote:Not that they're looking to get into the Beer Store, but Bellwoods Brewery, under these new rules, would be able to sell their beer at TBS as far away as Dufferin Mall! Wooo!cfrancis wrote:People that would go to the 5 closest Beer Stores are probably already making a small trek to the brewery to get their beer.
It's overwhelmingly likely that the Class E and Class F shares will be non-voting shares. Here's the breakdown of the new board of directors:instantkamera wrote:When I hear ownership, I immediately wonder about the numbers and the power of control.
guessing in the ~0% range.Kel Varnsen wrote: not sure how much power 1 share will have.
Owner
# of Nominees
Molson
5
Labatt
5
Sleeman
2
Other owner brewers with over 5 million litres/year in Beer Store sales
2
Other owner brewers with less than 5 million litres/year in Beer Store sale
1
There is no doubt that some breweries are looking at this as a win. Rural breweries around here will get some much needed attention and distribution provided they can get the ability to actually get the beer in those stores. But somebody like Broadhead or Beyond the Pale here in town. There is not a whole lot of advantage other than some of their customers won't have to make a drive that they normally would do anyway.
Just seems like a smoke screen more than anything. Realistically voting doesn't really change, they get a few seats on the board but can't do anything.
Just seems like a smoke screen more than anything. Realistically voting doesn't really change, they get a few seats on the board but can't do anything.
- Wheatsheaf
- Posts: 411
- Joined: Thu Dec 04, 2003 7:00 pm
- Location: Midtown
- Contact:
Can't wait to see who decides to buy some shares. (Actually, I can think of a few who'll probably jump at the chance.)
Can I suggest a new beer for any brewery looking to celebrate their new BS ownership? How about a specially brewed doppelbock? Collaborator has a nice ring to it.
Can I suggest a new beer for any brewery looking to celebrate their new BS ownership? How about a specially brewed doppelbock? Collaborator has a nice ring to it.
Here's to the slow path.
Here's some responses that have come in:
OCB
http://www.ontariocraftbrewers.com/pres ... cement.php
Muskoka (via Crystal L.)
http://crystalluxmore.com/blog/2015/1/7 ... re-prosoal
Flying Monkeys
OCB
http://www.ontariocraftbrewers.com/pres ... cement.php
Muskoka (via Crystal L.)
http://crystalluxmore.com/blog/2015/1/7 ... re-prosoal
Flying Monkeys
Last edited by Cass on Wed Jan 07, 2015 1:07 pm, edited 1 time in total.
Here's a serious question:
you're a microbrewery. you own shares in the Beer Store, which the big breweries claim is unprofitable.
if the big breweries know something we don't know (very likely), such as the Liberals introducing a tax/fee on TBS operations, what happens when TBS starts showing a loss?
what if the Big 3 end up bankrupting or driving up debt on TBS for strategic/business purposes? all shareholders would be responsible for bailing it out, would they not?
you're a microbrewery. you own shares in the Beer Store, which the big breweries claim is unprofitable.
if the big breweries know something we don't know (very likely), such as the Liberals introducing a tax/fee on TBS operations, what happens when TBS starts showing a loss?
what if the Big 3 end up bankrupting or driving up debt on TBS for strategic/business purposes? all shareholders would be responsible for bailing it out, would they not?
I don't think they do. Obviously TBS makes money, which is why they hold on to it so dearly. "Profits" get rebated back as a reduction of fees so it looks like TBS doesn't make money. It's outlined in their annual report. The "no profit" message is just convenient PR.atomeyes wrote:the big breweries claim is unprofitable.