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Daily Archive: May 19, 2011

Binnys Beverage Depot Of Chicago Continues Aggressive Expansion

Binny’s Beverage Depot owner Michael Binstein plans to open two new stores this year in the greater Chicago market. In the last four years alone, he has expanded his beverage alcohol retail business from 19 to 25 stores, and now ranks as the leading independent retailer in Illinois. Binstein recently spoke with Shanken News Daily about his business, which will surpass $250 million in revenues in its fiscal year ending July 31. Continue reading →

Posted in News on May 19, 2011

Cutty Sark Moves From Skyy To Remy Cointreau In The US

Cutty Sark Scotch whisky has switched U.S. marketers, moving from Skyy Spirits to Rémy Cointreau, effective June 25. Continue reading →

Posted in News on May 19, 2011

MillerCoors Rides Specialty Success, Price Hikes, Cost Savings To Earnings Growth

MillerCoors’s depletions in North America fell by 3% in the fiscal year ended March 31, but a combination of price hikes, a favorable sales mix and significant cost savings sparked a 20% EBITA jump. Continue reading →

Posted in News on May 19, 2011

News Briefs for May 19, 2011

• Proximo Spirits’ 1800 Tequila is unveiling a new $18 million ad campaign this month featuring actor Michael Imperioli, who made headlines in a previous 1800 campaign by taking shots at rival Patrón Tequila. Continue reading →

Posted in News on May 19, 2011