Solving the New Value Equation
FILED APRIL 24, 2015 At 1.7% sales growth, on-premise alcohol trends were nothing to write home about last year. But four months into 2015 and things are looking up. On-premise research firm Technomic expects alcohol beverage sales will grow by as much as 3.2%, the highest growth rate since 2012. With that said, the entire food and beverage category is expected to grow much higher on-premise at 4.8%. Read More
Young's Market Debuts New Model Based on P&G and FritoLay Strategies
FILED APRIL 22, 2015 Young's Market has been fairly quiet in recent years as it has been going through some big changes, but Dan Grunbeck, the evp for client services and business development for the company recently gave an interview to NBBJ debuting a "new model for distribution in the US" similar to the way Proctor & Gamble and FritoLay do things. Read More
Craig Wolf Outlines Biggest Threats to Three-Tier System
FILED APRIL 21, 2015 As the US market continues to put distance between itself and Prohibition the tied-house and social responsibility issues from that period can often seem less relevant to the industry, but WSWA chief Craig Wolf reminded listeners at the group's annual conference last week that "wholesalers have never forgotten that dark episode in American history." Read More
Big Changes at Remy Cointreau USA
FILED APRIL 20, 2015 Despite the fact that the US is one of Remy Cointreau's strongest regions at the moment, WSD has learned Remy Cointreau USA chief Suriya Parksuwan is leaving the company at the end of May. He will be replaced by cosmetic industry veteran Philippe Farnier who will assume the role of svp Americas zone, according to an internal announcement. Read More
Wine Trade Groups Unite Against TTB Proposed Ruling
FILED APRIL 17, 2015 Earlier this year, the TTB proposed a notice of rulemaking that allow a winery to list an AVA in an adjacent state on its wine label [ see WSD 2-10-2015 ]. As it stands, wineries are currently prohibited from using a specific AVA on their label -- even if 85% of the grapes are from that AVA -- if they finish the wine outside of the state in which the AVA is located. Read More
Remy Cointreau on a Roll in the US
FILED APRIL 15, 2015 Remy Cointreau started off its fiscal year on a weak note, but over the course of the year ended March it began to find its footing and even gain momentum in the US, delivering 9%-10% value depletions (sales to retailers) in the back half. Read More
On-premise Beverage Directors Reveal What's Hot (or Not)
FILED APRIL 14, 2015 We write a lot about macro consumer trends in Wine & Spirits Daily, but it's important to remember not all trends work in all venues. At the recent Vibe show in Las Vegas, a panel of on-premise beverage directors each with different demographics shared what is and is not working at their respective concepts. Read More
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