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Daily Archive: April 22, 2014

Interview, Part 1: Total Wine Aims For $3B In Sales Within Five Years

Within a U.S. drinks market where multi-state retail and on-premise chains are steadily amplifying their influence, Maryland-based Total Wine & More, which reached 100 stores and $1.5 billion in sales last year, has been a trailblazer. Now in 16 states, Total Wine continues to expand rapidly and has set ambitious targets in terms of both revenues and store locations for the years ahead. In this first part of a two-part interview with SND senior editor Daniel Marsteller, company president and co-owner David Trone details Total Wine’s plans to conquer new territory across a range of markets and discusses which categories are driving growth. Continue reading →

Posted in News on April 22, 2014

News Briefs for April 22, 2014

•The European Commission has given regulatory clearance to Suntory’s $16 billion acquisition of Beam Inc., paving the way for the deal to be finalized in the coming days. Continue reading →

Posted in News on April 22, 2014

Craft Brewing and Distilling News for April 22, 2014

•Anchor Distilling is launching the whiskies of Taiwanese distillery Kavalan in the U.S. market this week. Continue reading →

Posted in News on April 22, 2014