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A sign is displayed on a wall at the former Anchor Brewing Company brewery on May 31, 2024 in San Francisco, California. (Justin Sullivan/Getty Images)(NEW YORK) -- Beer drinkers rejoice, Chobani CEO Hamdi Ulukaya has officially acquired Anchor Brewing...

Anchor Brewing Company is the oldest craft brewing company in the nation, but now, the 127-year-old brewer is closed. However, there is still some steam in an employee plan to purchase the brewery and keep it in San Francisco.

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

Anchor Public Taps will remain open to sell what inventory remains, including its popular Christmas Ale.

Anchor Public Taps will remain open to sell what inventory remains, including its popular Christmas Ale.

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

Fans flock to 127-year-old neighborhood brewery for final tastes of Anchor Steam and other favorite beers.

Anchor was a trailblazer in the U.S., brewing craft beers in the 1970s when most Americans were loyal to a handful of major brands.

Beer lovers flocked to Anchor Brewing Co.'s tap room on Thursday to mourn the loss of the iconic San Francisco business — and buy some of its last beers — a day after learning it planned to shut down for good.