Lucky's Buyer Talks Shelf Set Strategy
FILED SEPTEMBER 29, 2016 Earlier this week we published the first part of an interview with Julie Joy, the Director Beer, Wine and Spirits for organic retailer Lucky's Market [see WSD 09-26-2016]. Today we'll continue that conversation right where we left off as Julie discusses bourbon prices and shelf space, hot brands and canned wines. Read More
Private Equity Expected to Step Up M&A Participation in Wine
FILED SEPTEMBER 28, 2016 And so another Wine Financial Symposium has come and gone. Aside from how healthy the wine business is, the most popular topic of conversation was mergers and acquisitions. A consistent reprisal from industry experts was that the pace of M&A is not likely to slow any time soon. Though, we may see some new players in 2017. Read More
Cuervo Officially Files for IPO in Mexico
FILED SEPTEMBER 27, 2016 Following months of speculation and rumors, the Beckmann family, owner of Casa Cuervo, has officially filed for an initial public offering on the Mexican stock exchange, reports Reuters. The IPO filing didn't reveal much, but you may recall, previous reports estimated the Beckmanns would seek between $750 million and $1 billion [see WSD 05-31-2016]. Read More
Alert: Stoli Group CEO Steps Down
FILED SEPTEMBER 27, 2016 Stoli Group ceo Robert Cullins is leaving the company, effective October 15. This is a result of a "joint decision" as part of the company's "restructuring and ongoing plan to accelerate international growth and development," per a release. Read More
Organic Retailer Shares Category Preference Insights
FILED SEPTEMBER 26, 2016 You may recall our previous reports showing that as the white middle class shrinks, niche alcohol retailers like dollar stores, organic/natural stores and Hispanic supermarkets are on the rise [see WSD 05-19-2016]. One such organic retailer that recently caught our eye is Lucky's Market, a retailer whose pitch is organic living for the 99%. Read More
The Average Wine List Not Beneficial to Whole Category
FILED SEPTEMBER 23, 2016 The on-premise analysts at Winemetrics have long been saying the wine category is losing share of mind on-premise to beer and spirits. This year for the company's 2016 Wine Buyer's Report, they have provided a look at the anatomy of the average wine list at a casual dining chain, hoping to gain some insight. Read More
Industry Members Weigh in on OND Prep
FILED SEPTEMBER 22, 2016 Planning for the impending holiday season, or OND, is critical for retailers with little to no margin for errors. "Timing is everything" for this amped up season, says Dave Whalen, sales manager Vanguard division with Breakthru Beverage Group Illinois. These days, many of the large retailers have their OND plans set by about the middle of the summer, adds Brian Rosen, industry consultant. Read More
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