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The Independent UK
The Independent UK
National
Associated Press

Anchor Brewing halting operations after 127 years citing faltering sales, tough economic conditions

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San Francisco’s 127-year-old Anchor Brewing Co. will shut down after years of declining sales, citing tough economic conditions.

“We recognize the importance and historic significance of Anchor to San Francisco and to the craft brewing industry, but the impacts of the pandemic, inflation, especially in San Francisco, and a highly competitive market left the company with no option but to make this sad decision to cease operations,” spokesperson Sam Singer said in a written statement Wednesday.

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