Daily Archive: December 31, 2024
Wine Spectator: Top Wine News of 2024
2024 was a year of transition for the wine world, with old-guard retirements, new buyers on the scene, and big names changing hands. Market shifts saw previous owners buying back their namesake businesses, an average 25% drop in Bordeaux futures prices, and major retailers adapting their strategies to attract younger consumers. Continue reading →
Posted in News on December 31, 2024Retailers Lean Into Sparkling Wine To Cap Off The Year
With New Year’s Eve upon us, retailers are focused on driving strong sparkling wine sales to close out the year. While results vary across markets, retail operators have generally seen top sparklers hold up well, with the leading premium brands in the U.S. mostly showing positive growth off-premise for the year. Continue reading →
Posted in News on December 31, 2024Whisky Advocate: Auction Update
Bidding at December’s whisky auctions continued in the successful fashion of November’s sales, with strong prices achieved for Macallan, Hibiki 40 year old, and bottlings of LeNell’s Red Hook Rye in particular. Continue reading →
Posted in News on December 31, 2024Planet 13 Sees Growth In Florida, Illinois Drive Revenue Gains
With sales expected to come in around $140 million this year, Las Vegas-based Planet 13 has 34 dispensaries nationwide, including 30 in Florida, where it’s a growing player in the state’s huge medical market. At its home base in Las Vegas, Planet 13 operates a flagship superstore, the largest in the country, and also recently opened a new consumption lounge on the Strip called Dazed!. SNDC senior editor Shane English caught up with Planet 13 co-CEO Larry Scheffler to discuss growth opportunities across Planet 13’s markets. Continue reading →
Posted in News on December 31, 2024
