Daily Archive: May 13, 2011
Interview With Annette Alvarez Peters of Costco
Issaquah, Washington-based Costco is the U.S. market’s largest beverage alcohol retailer with 424 stores in 34 states. It sells wine in 335 stores in 34 U.S. states, spirits in 221 stores in 23 states and beer in 365 stores in 38 states. Costco also has more than 150 stores outside the U.S., including operations in Canada (80 stores), Mexico (30), U.K. (22), Japan (9), Korea (7), Taiwan (6) and Australia (1). Total global beverage alcohol revenues are projected to be up 6.4% to $2.5 billion in Costco’s fiscal 2011, which ends August 31. The warehouse club operator has aggressively pursued relaxation of direct shipping laws in recent years in U.S. courts. Shanken News Daily recently interviewed Annette Alvarez-Peters, Costco’s assistant general merchandise manager-wine, spirits & beer. Continue reading →
Posted in News on May 13, 2011News Briefs For May 13, 2011
• Moët Hennessy is preparing to produce sparkling wine in China via a new joint venture with local agricultural firm Ningxia Nongken. Continue reading →
Posted in News on May 13, 2011
