The oldest craft brewery in the US is officially out of business, closing yet another chapter in San Francisco's vanishing history
And now, another mainstay business is shutting shop, driven out by the COVID-19 pandemic, rising inflation, and depressed sales.
"Unfortunately, today's economic pressures have made the business no longer sustainable, and we had to make the heartbreaking decision to cease operations," the company said in the statement.a Japanese mega-brewery that bought the company for $85 million in 2017 It is"possible that a buyer will step forward for the brewery as part of the liquidation process," Anchor said, per the statement.
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