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First privately owned liquor store set to open in PA

The new store, scheduled to open in March of this year, would be the first privately owned state store to sell only “Pennsylvania spirits, wines, ciders and meads” throughout the state. The store, called Pennsylvania Libations, and located in the strip district would hold over 5,000 bottles and carry products from at least 25 different Pennsylvania manufacturers. The state liquor control board permits the privately owned business because Pennsylvania wineries and distilleries can sell their own products, and in this case have designated Pennsylvania Libations as their agent at this single location. Source: CBS, February...

Potential Tennessee Bill would allow wine sales on Sunday

The Tennessee Bill which was recently introduced by a Hamilton county legislator would do away with the long standing law banning the sale of alcohol on Sundays. The potential bill would not only be a boost to wine and liquor stores but also benefit consumers, grocery stores and package stores. Source: The Lebanon Democrat, February...

Park Street CEO Dr. Harry Kohlmann receives the prestigious 2017 ACSA Achievement Award

Yesterday, at the ACSA Distillers Convention & Vendor Trade show taking place in Nashville, Park Street CEO Dr. Harry Kholmann was presented with the 2017 ACSA Achievement Award for his continued commitment to help build craft brands and his work on the craft spirits data project. The craft spirits data project was a joint collaboration with Park Street, the American Craft Spirits Association (ACSA) and the IWSR to identify key trends in the craft spirits industry. Click here to read a recent article published in Artisan Spirit Magazine about the...

2016 was another strong year for spirits

The US Liquor industry had another strong year in 2016, showing solid growth across the sector. The volume of spirits sold at retail locations rose by 2.4%. Alcohol suppliers sales rose slightly higher in 2016 to $25.2 billion in the US, up 4.5% from the previous year. The spirits industry posted its seventh consecutive growth year. Spirits now make up just under 36% of the total alcohol market, with 47% going to beer and 17% to wine. Source: Fortune, February...

Japanese sake exports continue to grow

Japanese sake exports continue to rise for the 7th consecutive year thanks to a global boom in the country’s cuisine. The exports have been driven by the growing popularity of Japanese restaurants abroad and specifically sushi restaurants, as sake pairs perfectly with sushi. Rice wine has become a much more important segment in Japan’s agricultural exports. The value of Japan’s sake exports rose 10% in 2016 to just over $137 million. Source: Nikkei Asian Review, February...

Beer is the top alcoholic beverage of choice for consumers

A recent survey conducted by The Harris Poll found that beer is the favorite beverage for most regular US drinkers. Wine leads amongst women, adults age 65+ and higher income households. For regular drinkers, beer is the choice for just over 38 percent, followed closely by wine at 31% and spirits at 28%. This trend unsurprisingly holds true over the past 10 years. The only change is in wine drinks, 6 in 10 wine drinkers today say they drank beer 10 years ago rather than wine. Source: DBR, February...

Control state results for December 2016

For calendar year 2016, 9 Liter spirits case sales in control states grew by 2.8 percent. Volumetric growth was also up in 2016 at a modest rate. Dollar growth was down slightly from previous years. The largest segment growth was found in Irish Whiskey, up a robust 14.7% annual growth. Brandy/Cognac grew 9.4% annually followed closely by Tequila’s 8.4% growth. For the first time in their history, the Control States reported more than $1 billion in shelf dollars during the month of December. Source: NABCA, January...

Midwest rum festival set to return to Chicago in 2017

The Rum Lab, a US-based seminar and event program, recently announced that the 3rd annual MidWest Rum Festival will be returning to Chicago this year. The festival will take place on Saturday, April 8th at the Logan Square Auditorium and be divided into two main sessions being held from 12pm to 5:30pm. The day kicks off with a “Spirit Industry Session” which provides industry professionals the opportunity to network with brand representatives and industry colleagues, attend training seminars and sample various brands. Guest speakers include Bryan Davis, founder of the distilled spirits company Lost Spirits and the inventor of “the davis method”, which replicates the process and effects of barrel aging spirits in a lab. Source: The Spirits Business, January...

Wine consumption trends to watch in 2017

The growing millennial population and increasing popularity of imported wine has been influencing the wine industry for the past few years, and that trend is continuing to grow. Higher end wine drinkers are dining out more often and surveys show that they are spending 24 percent more on wine when they do. The survey also showed that the number one factor a consumer considers when ordering wine with dinner is the wine being available by the glass. The fastest growing wine categories are now Prosecco, red blends from California, New Zealand Sauvignon Blanc and French Rose according to the latest Nielsen reports. Consumers spent 4.4 percent more on wine stores in 2016. Source: Wine Enthusiast, January...

Virginia wine sales continue steady growth

Sales of Virginia wines continued to grow robustly in 2016, growing by more than 6%. According to the office of Governor Terry McAuliffe, many small wineries did very well last year. The state’s latest economic impact study shows an 82% increase in the wine sector’s value since 2010. The economic impact study reported that the state’s wine industry brings in more than $1.37 billion dollars annually to Virginia’s economy. Source: WTOP-FM, January...