Historic San Francisco Brewery Anchor Brewing To Close After 127 Years Due To Economic Pressures

Anchor Brewing faced declining sales, losses, and tough economic conditions including the pandemic, inflation, and highly competitive market.
Anchor Brewing was unable to find a buyer after a year of pursuing a sale of the company and its brands.
The pioneering craft brewery already stopped production and will continue limited operations to sell remaining inventory.
Anchor Brewing's closure ends a 127-year run as an iconic San Francisco institution.
The brewery's workers were given a 60-day notice and transition support.