Daily Archive: December 2, 2011
Interview: D.C. Retailer Calvert Woodley Sees Sales Hitting $20 Million This Year
Washington, D.C.-based retailer Calvert Woodley is renowned for its Bordeaux selection and has been selling Bordeaux futures since 1966. With a mere 5,000 square feet of floor space, the store’s revenues are projected to top $20 million this year—ranking it among the country’s highest-grossing beverage alcohol retailers per square foot. The business was launched in 1982 when Calvert Liquors merged with Woodley Wine & Liquor, and it’s still owned and operated by original owners Aaron Bernstein and Ed Sands. Sales have increased modestly in recent years, with wine comprising 55% of revenues, spirits 35%, beer 5% and cheese and deli 5%. Shanken News Daily recently spoke to Ed Sands about the outstanding 2009 and 2010 Bordeaux vintages and trends in his market. Continue reading →
Posted in News on December 2, 2011News Briefs for December 2, 2011
•Pernod Ricard USA has unveiled another extension to its Absolut Cities limited edition series, Absolut Miami. Continue reading →
Posted in News on December 2, 2011