Anchor, first and oldest US craft brewery, to shut down after 127 years

‘Grandfather of American craft brewing,’ started in San Francisco in 1896, to end operations amid financial struggles

After 127 years, Anchor Brewing is no more.

The first and oldest craft brewery in the US, which started in San Francisco in 1896, announced on Wednesday that it would end its operations after it struggled financially as a result of a competitive market, inflation, and declining sales, particularly after the storied brand’s 2017 acquisition by the Japanese beer distributor, Sapporo.