WSWA Joins Coalition Calling for Presidential Action to Prevent Strike at U.S. Ports
(WASHINGTON)—The Wine & Spirits Wholesalers of America (WSWA) has joined a coalition of 107 organizations calling for President Obama to take action to prevent a strike at ports spanning the coast from Houston to Boston. The coalition includes groups whose member...
JP Morgan gives thumbs up to Diageo’s potential $10bn bid for Beam
Two weeks ago, The Sunday Telegraph revealed Diageo held talks with Japanese drinks company Suntory in the spring and summer about them jointly making an offer for Beam, whose bourbon brands include Jim Beam, Marker's Mark and Knob Creek. Yesterday, Matthew Webb, an...
Study shows how red wine compound slows aging
A compound found in red wine, fruits and vegetables can help slow aging by making two anti-aging genes work together better, scientists in Hong Kong report. While they were working in mice, they hope their findings can shed light on efforts to slow aging in...
New competition has hit liquor chain Centennial hardest so far
Centennial Beverage Group plans to reorganize in bankruptcy, but one of the oldest liquor store chains in Texas needs a lot of cooperation from suppliers and the patience of customers to make it happen. The chain has 23 locations under the Centennial, Big Daddy’s and...
Exploring the Alcoholic Beverage Consumer’s Mindset
A new Nielsen Category Shopping Fundamentals study explores the U.S. consumer’s mindset when it comes to purchasing alcoholic beverages. How do they plan? How engaged are they? What influences them? The study’s findings, which span beverage categories and cover...
Virginia ABC Issues 2012 Annual Report Reflecting Record Sales
The Virginia Department of Alcoholic Beverage Control (ABC) has released its annual report, Mission in Review 2012, highlighting gross sales of $734 million, up $41 million from the previous year, and profit transfers of more than $132 million. Fiscal year 2012 marks...
Insight: Cider, the golden apple of brewers’ eyes
(Reuters) - Almost a thousand years since the Norman conquest made cider popular in Britain, brewers are launching cider invasions of their own, with the United States the main battlefield. Cider, or hard cider as Americans call it, promises growth in...
Restaurant Sciences’ Data Shows Significant Price Variance for Most Popular Wine Varietals by Glass
Restaurant Sciences, a leading provider of restaurant industry information and analytics based on individual guest checks, today released the nation’s first-ever study of wine-by-the-glass consumption in US restaurants, nightclubs and hotel bars. The data also shows...
Move to malts pushes profits up by a quarter for Whyte & Mackay
PROFITS at Whyte & Mackay, the Glasgow-based whisky distiller caught in the middle of Diageo’s takeover of United Spirits, have leapt by a quarter as the firm shifts away from making supermarket blends to focus on its higher margin single malts. The rise in...