Exclusive news and research on the wine, spirits and beer business

Monthly Archive: September 2011

Google Acquires Zagat Restaurant Guides, OpenTable Stock Off 8 Percent In Late Trading

Google Inc. today announced that it has agreed to acquire restaurant and lifestyle reviewer Zagat Survey LLC, in a move widely seen as an effort to increase Google’s local market business. Continue reading →

Posted in News on September 8, 2011

Table Wines Priced At 9 Dollars And Above Show Double-Digit Growth For Year Through August 20, Nielsen Says

Table wines retailing at $9 and over a 750-ml. bottle grew 10.9% by volume and 10.1% by value for the 52-week period ending August 20, according to the latest Nielsen numbers. Continue reading →

Posted in News on September 8, 2011

News Briefs for September 8, 2011

• With Whole Foods pulling fast-rising Skinnygirl Margarita from its shelves and two class action suits filed in California against brand owner Beam Global in recent days, Beam and Skinnygirl creator Bethenny Frankel have said they plan to change the brand’s packaging from its current “all-natural” label to say “natural flavoring.” Continue reading →

Posted in News on September 8, 2011

Cognac Rebounds In U.S. By Expanding Usage Occasions

While capturing big volume gains in emerging markets, Cognac also is refreshing its image in the U.S. by innovating within the tradition-focused category. Continue reading →

Posted in News on September 7, 2011

News Briefs for September 7, 2011

• Caesars Entertainment Corp. will begin construction on a $550 million dining, retail, entertainment and hospitality district later this year, to be located on the heart of the Las Vegas strip. Continue reading →

Posted in News on September 7, 2011

As Beam Inc. Emerges, Potential Suitors Diageo And Pernod Appear Cool To The Idea Of A Bid

With Beam Inc. set to become a stand-alone spirits company effective October 4, it’s been widely viewed as a potential acquisition target. Continue reading →

Posted in News on September 6, 2011

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