The concept of “just-in-time” inventory has become a hot button issue in the wine trade recently. Businesses that sell wines they don’t physically own have been attracting attention from state regulators, and other areas of the trade. The California Alcoholic Beverage Control (CA-ABC) issued an advisory earlier this year that has had an impact on [...]
There is ample evidence that the economy is having an impact on retail trade. Retailers across the spectrum describe double-digit declines in sales while profits have been squeezed by the deep discounting used to attract customers. However, in contrast to these harrowing tales, come the reports that wine sales are actually up at retail while [...]
Given concerns this year about economic uncertainty, the holiday season for retailers is being watched very closely. In general off-premise wine sales have not suffered the hardships that restaurants are currently enduring, but poor performance in late November and December can completely undermine what may have been a moderately successful year. As stores seek to [...]
Story by Ian Griffith on 3/1/2008A new group of wine store websites are hitting the Internet superhighway for the first time this spring. As these sites start to make their first tentative steps into ecommerce they will be looking for ways to promote their products online and attract their first web customers.
Earlier this year, JPMorgan's [...]