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Tag Archive: retail

ABC Fine Wine & Spirits Modernizes And Consolidates To Keep Pace With Florida Trends

Orlando-based ABC Fine Wine & Spirits continues the massive modernization plan it began several years ago and has consolidated its business in the Sunshine State to 142 units from a previous high of 200 (14 years ago). Chairman & CEO Charles Bailes notes, “It’s not a numbers game anymore in terms of number of stores. I pay attention to sales and obviously to our bottom line.” ABC’s sales are on the rise, despite increased competition from rival chain operators and grocery stores. Its total revenues last year reached an estimated $500 million. Bailes recently spoke with SND about Florida trends and ABC’s role within the market. Continue reading →

Posted in News on April 16, 2014

Martin Wine Cellar To Rebuild Katrina-Damaged New Orleans Store

Martin Wine Cellar is rebuilding its Baronne Street store in the Uptown neighborhood of New Orleans, the retailer’s founding location which was destroyed by Hurricane Katrina in 2005. Continue reading →

Posted in News on April 14, 2014

Texas Retail Giant Spec’s Victim Of Data Breach

Texas retail chain Spec’s Wine, Spirits and Finer Foods announced Friday that financial information for more than half a million customers may have been exposed in what the company is calling a sophisticated hacking scheme. Continue reading →

Posted in News on March 31, 2014

Albertsons-Safeway Merger Set To Proceed

Following the end of the “go-shop” period, the proposed $9 billion Safeway-Albertsons merger is now set to go before the U.S. Federal Trade Commission (FTC) for review. Continue reading →

Posted in News on March 31, 2014

Wine Spectator: Eataly New York Will Close Wine Shop for Six Months

Culinary partners Mario Batali and Lidia and Joe Bastianich are closing Eataly Wine Shop, the New York wine store located next to their Italian culinary marketplace Eataly, for six months, after reaching a settlement with the New York State Liquor Authority (SLA). Continue reading →

Posted in News on March 26, 2014

Liquor Expansion By Grocery Player Coborn’s Is Latest Move In Midwest Consolidation Game

The recent deal by Minnesota-based grocery chain Coborn’s to acquire five North Dakota liquor stores is the latest development in an upper Midwest market that’s been seeing some interesting expansion moves by major players. Continue reading →

Posted in News on December 13, 2013

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