Bar K, which sought to combine a bar and restaurant with a dog park, announced it was permanently closing Tuesday.

Shares of beer, wine, and liquor companies including AB InBev are having a rough time as many consumers have cut back on alcohol. Shares of Diageo, the company behind Johnnie Walker Scotch whisky, Molson Coors Beverage, and Boston Beer, among others, are down double digits so far this year.

U.S.-listed shares of AB InBev sank 12% Thursday as the world's biggest beermaker's volume and sales missed estimates on soft demand in China and Brazil.