Monthly Archive: July 2011
Gary’s Wine And Marketplace Taps Upscale Suburban Market, Hitting $50 Million In Annual Sales
New Jersey-based Gary’s Wine & Marketplace has continued to thrive even during the economic downturn by offering its affluent suburban customers selection and good value. The three-unit operation had sales of $45 million in 2010, and sales are expected to reach $50 million this year. Of that total, 65% is wine, 13% spirits, 11% beer and 11% food/miscellaneous items. Gary Fisch owns the 13,000-square-foot store in Madison and 24,000-square-foot location in Wayne, which opened three years ago. His wife Liz owns the 13,000-square-foot unit in Bernardsville. (New Jersey law prohibits an individual from owning more than two licenses). Shanken News Daily recently spoke with Fisch about their growing business. Continue reading →
Posted in News on July 22, 2011Treasury Looking Like A Bargain To Analysts
Just a few weeks after rumors began swirling that China’s Bright Food would bid for Treasury Wine Estates, several analysts are touting Treasury’s upside, particularly in Asia and other emerging markets, and asserting its current valuation represents a bargain. Continue reading →
Posted in News on July 22, 2011News Briefs for July 22, 2011
•Diageo has announced its 8th Annual Golden Bar Awards, honoring its U.S. wine, spirits and beer distributors. Continue reading →
Posted in News on July 22, 2011Remy Toasts 23 Percent First Quarter Sales Jump On More Upbeat Distributors
Rémy Cointreau posted turnover of €198.6 million ($285m) for the three months through June, its fiscal first quarter, a rise of 22.5% year on year. Continue reading →
Posted in News on July 21, 2011Terlato Expands Presence In Thriving Italian Sparkling Wine Category With Berlucchi
Terlato Wines International has reached an exclusive agreement with Berlucchi, one of Italy’s key sparkling wine producers, to import and market four of its offerings in the U.S. Continue reading →
Posted in News on July 21, 2011M.S. Walker Acquires 15 Value Brands From White Rock, Adding More Than 400,000 Cases In Sales
M.S. Walker, Inc., one of New England’s leading spirits and wine distributors, has strengthened its supplier credentials with the acquisition of 15 value-priced spirits brands from White Rock Distilleries that collectively sell more than 400,000 cases annually. Continue reading →
Posted in News on July 21, 2011
