Quick Glance: Historic Anchor Brewing Co. to Close After 127 Years, Citing Declining Beer Sales
- San Francisco's Anchor Brewing Co., established 127 years ago, will shut down and liquidate due to declining sales.
- Anchor was a trailblazer in the US, brewing craft beers in the 1970s when most Americans were loyal to major brands.
- Its unique brewing techniques ignited demand beyond San Francisco, making it highly sought-after by beer enthusiasts everywhere.
- The impacts of the pandemic, inflation (especially in San Francisco), and a highly competitive market left the company with no choice but to cease operations.
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