Daily Archive: September 20, 2024
Wine Consumers Focusing On Quality Over Quantity, Retailers Say
According to Impact Databank, the U.S. wine market is projected to eke out a small value increase this year, despite a 2% decline in volume terms. Wines priced $10 and over are expected to outperform less expensive segments, helping to drive the first post-pandemic increase in value for the industry. Continue reading →
Posted in News on September 20, 2024Wine Spectator: Neil Empson, Pioneering Importer of Italian Wine, Dies at 85
Neil Empson, founder of Empson & Co. and a pioneering importer of Italian fine wine into the United States, died Sept. 14 after a long battle with cancer. He was 85. Continue reading →
Posted in News on September 20, 2024Darden Seeing Improvement After Mid-Summer Lull
Darden Restaurants saw revenue increase 1% to $2.8 billion in its fiscal first quarter ended in August, as the addition of 42 new restaurants offset a same-stores sales decline of 1.1%. Continue reading →
Posted in News on September 20, 2024News Briefs for September 20, 2024
•Johnson Brothers has appointed Yale Johnson as president of sales. Continue reading →
Posted in News on September 20, 2024
