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Daily Archive: July 2, 2013

Interview: Big Red Liquors Of Indiana

Bloomington, Indiana based retailer Big Red Liquors doubled in size earlier this year when it purchased the 24-unit United Package Liquors in the metro-Indianapolis area for an undisclosed sum, as reported in Shanken News Daily March 13. Since that time, Big Red has made significant investments in remodeling and rebranding the former United Package Liquors units. Today it operates a combined 49 units, with four new stores planned for opening over the next year. According to reliable industry estimates, Big Red’s revenues will be well in excess of $50 million by the end of 2013. Shanken News Daily recently spoke with Big Red Liquors Chairman Mark McAlister and President Don Rix about the latest developments in their growing business. Continue reading →

Posted in News on July 2, 2013

Kosta Browne Acquires First Vineyard

Sonoma County’s Kosta Browne, whose wines have earned more than 70 scores of 90-plus from Wine Spectator over the years, has purchased its first vineyard, a 20-acre block from the Keefer Ranch, located in the Russian River Valley appellation. Continue reading →

Posted in News on July 2, 2013

Constellation’s First Quarter Sales Up 6%, But Higher Grape Costs Cut Into Profits

Constellation Brands said net sales grew 6% to $673 million in the three months through May, its fiscal first quarter, but higher grape prices and other costs pushed operating income down by 5% to $104 million. Continue reading →

Posted in News on July 2, 2013

News Briefs for July 2, 2013

•Proximo Spirits has appointed New York-based agency McCann Erickson to handle the advertising for Jose Cuervo Tequila in the U.S. Continue reading →

Posted in News on July 2, 2013

Craft Brewing and Distilling News for July 2, 2013

•California-based 2X4 Brewing & Imports has added Canadian craft brewers Parallel 49 Brewing Co. and Howe Sound Brewing Co. to its U.S. import portfolio. Continue reading →

Posted in News on July 2, 2013