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Tag Archive: retail

Interview: Florida’s Crown Wine & Spirits Sets Plans For Major Expansion

For more than 60 years, Crown Wine & Spirits has been a retail powerhouse along the Atlantic Coast of Florida. The company, which operates 13 stores, had sales of $35 million last year, with wine and spirits comprising more than 80% of the total. Over the next five years, Crown expects to more than triple in size, while expanding its Internet business and adding a boutique wine offshoot to its portfolio. SND recently spoke with wine buyer Veronica Litton, who’s been with Crown for nearly three decades, to get on update on progress. Continue reading →

Posted in News on September 2, 2015

Interview: Ron Junge, Brown Derby Stores

Brown Derby Stores is among the stars of U.S. liquor retailing, operating 18 locations in its market of Springfield, Missouri, and posting sales of $30 million last year, including a robust online business. Brown Derby was once among the foremost retailers of high-end Bordeaux and cult Cabernet Sauvignon from California, but times have changed, and owner Ron Junge has been successfully accommodating the shift in tastes and buying patterns. Junge recently spoke with SND about those trends. Continue reading →

Posted in News on August 3, 2015

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

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