End of an Era: Iconic Anchor Brewing Co. in San Francisco Shuts Down
Anchor Brewing Co., a historic landmark in San Francisco and the nation's first craft brewery, has announced that it will cease operations and liquidate the business due to economic factors, including declining sales since 2016. The company will provide transition support and separation packages to its employees. Anchor has already stopped brewing but will continue packaging and distributing its remaining beer until the end of July. The company is considering filing for bankruptcy under federal Chapter 7 or 11.