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Modern Times is halving their West Coast footprint as they seek a less perilous financial footing.

Portland, Oakland, Santa Barbara and Los Angeles will be closed. Not coincidentally, those are the furthest away from HQ and in the case of Los Angeles and maybe the others as well, the smallest outposts.

The San Diego brewery bolted out of the gate when they opened and followed that with ambitious plans but the last two to three years have brought lots of challenges and a new leadership team which did not like what they saw and hit the re-trench button.

Hopefully, Modern Times can navigate back with a leaner company.

One Less Bear

It’s a sign of what may be seen more and more in coming years but the very neighborhoods that have been gentrified are going to become too costly to stay in and issues with landlords are going to start to arise.

Case in point is Bear Republic. One of their (3) locations was in Healdsburg but with wine tourism spiking and building maintenance costs not being covered, they have decided to close that location and focus on their brewpub in Rohnert Park, and its production brewery in Cloverdale. The custom 15-barrel brewhouse from that was stationed in Healdsburg will move to Cloverdale.

As sales have slowed, margins tighten and any unexpected cost especially one from a landlord who can charge higher rents to newer occupants will cause re-trenchment and more big trucks with fermenters being driven from one spot to another.