Why Alcohol Consumption Data Doesn’t Match Sales Figures
Alcohol consumption during bank holidays, celebrations and other special occasions is inadequately measured in normal consumption surveys, according to a study that suggests 12m more bottles of wine a week can be added to consumption in England when festivities are taken to account. READ MORE>>
Ruth’s Chris Fans Celebrate 50 Years
To mark the restaurant’s 50th anniversary, scores of its friends, fans and franchise owners showed up Monday at the Lake Lawn Metairie Cemetery tomb of the steakhouse’s founder. The stately mausoleum of Ruth Fertel was the backdrop of a celebration marking the restaurant’s ascent from modest beginnings to a publicly traded corporation and one of the largest steakhouse chains in the world. Should it seem odd that the event took place at her gravesite, consider this: Fertel herself gave a lavish party there in 1999 to unveil the plot, a granite building with stained glass windows estimated to cost $500,000. READ MORE>>
Deutsch Inks New Long-Term Agreements with Charmer Sunbelt
Deutsch Family Wine & Spirits has renewed its alliance with distributor Charmer Sunbelt Group across several Mid-Atlantic markets with a series of five-year deals. Under the new accords, Charmer will have exclusive rights to the Deutsch Family portfolio—including Yellow Tail, Josh Cellars, Barone Fini, Georges Duboeuf, Eppa, Luksusowa and other brands—across Delaware, Maryland and Washington, D.C., as well as select counties in Virginia through Associated Distributors. READ MORE>>
Is Prosecco the Front Runner in Fizz?
The UK’s love of sparkling wine, coupled with a desire for value for money, has proved great news for Prosecco. Earlier this week, Lanson International published its annual Champagne category report, charting Prosecco’s meteoric rise - leaping by 61% in off-trade value terms last year compared to Cava, which fell 9%. Meanwhile, Champagne showed growth but not at the same rate as sparkling wine in general: Champagne and sparkling wine’s volume growth in the on-trade was +4.9% and +15% respectively, and value growth +19.5% and +83.1%. READ MORE>>
Suntory Beverage to buy JT Vending machine unit for US$1.2 billion
Suntory Beverage & Food Ltd will buy Japan Tobacco Inc's vending machine businesses for about 150 billion yen (S$1.6 billion), the cigarette-maker said Monday. The Suntory Beverage acquisition also includes the transfer of two drinks brands, "Roots" and "Momono Tennensui," Japan Tobacco said in a statement to the Tokyo Stock Exchange. The Nikkei reported the deal earlier, without saying where it got the information. READ MORE>>
Washington: Big changes coming to Liquor Control Board
Big changes are coming to the state Liquor Control Board, including a name change. The same law that will change the Liquor Control Board's name July 24 to the "Liquor and Cannabis Board" also directs the agency to decide which unlicensed medical-marijuana shops and grow operations to legitimize by July 1, 2016. The Olympian reports the process will involve a merit system. The agency assumes 825 unlicensed medical shops will apply for a license and half will receive one. READ MORE>>
Do Consumers Stick to Their Favorite Alcohol Brands?
While some consumers like to stick with what they know, others are more adventurous-even in the alcoholic beverage aisle. In February 2015, Nielsen fielded an English-only survey of more than two thousand adults in an attempt to determine which alcoholic beverage drinkers are the most open to trying new brands-beer, wine or spirit drinkers. READ MORE>>
How Buffalo Wild Wings builds its bar business
Beer is Buffalo Wild Wings’ third best-selling product, after boneless wings and bone-in wings. Alcohol represents 25 percent of the company’s sales, and beer comprises three-quarters of that. The chain even sells more beer than it does soda. That’s a high percentage at a time when overall beverage industry sales are weak amid heavy competition from retailers — and could be a reason the chain’s sales have been so successful in recent years. It also means that Buffalo Wild Wings has to work hard to keep its program relevant. READ MORE>>