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Tag Archive: retail

Lee’s Discount Liquor Projects $85 Million In Sales For 2015 As Good Times Return To Vegas

Las Vegas-based Lee’s Discount Liquor has had two consecutive years of double-digit growth as both the city and the 17-location chain continue to see a rebound after the recent recession. Company president Kenny Lee says revenues are expected to top the chain’s previous record of $85 million this year, with two more stores in its stable compared to pre-recession levels. Shanken News Daily spoke with Kenny Lee about the return of higher spending and the latest beverage alcohol trends in his Sin City hometown. Continue reading →

Posted in News on July 7, 2015

Interview: Hi-Time Wine Cellars Thrives In Competitive Orange County Market

Hi-Time Wine Cellars operates just a single location in Costa Mesa, California, but the independent retailer churns big volumes, with annual revenues in excess of $28 million. At 22,000 square feet, the Orange County destination store attracts high-spending businesses and individuals, as well as locals simply looking for an everyday wine. Shanken News Daily spoke recently with Hi-Time Wine Cellars CEO Diana Hirst about trends in her market and her company’s route to success. Continue reading →

Posted in News on June 25, 2015

ABC Fine Wine & Spirits Expands Into Western Florida As Modernization Drive Continues

With retail competition heating up in the Sunshine State in recent years, Orlando-based chain ABC Fine Wine & Spirits has undertaken a modernization push across its 140-unit Florida footprint in a bid to keep the ever-expanding grocery store channel at bay. Continue reading →

Posted in News on June 22, 2015

WSWA Takes Stake In Alcohol Delivery Service Drizly

The Wine & Spirits Wholesalers of America (WSWA) has acquired a minority stake in on-demand alcohol delivery provider Drizly. Continue reading →

Posted in News on May 13, 2015

Total Wine Expands In Texas, Entering Austin Market

Total Wine & More is set to extend its reach in Texas with entry into the Austin market. Continue reading →

Posted in News on May 7, 2015

New Texas Retail Law Passes In State Senate, Now Awaits Passage In The House

The Texas state senate has passed a bill removing a cap on package store licenses per owner. Continue reading →

Posted in News on April 24, 2015

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