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Daily Archive: August 12, 2011

Reddic of Green’s Sees Growth In Super-Premiums and Value Brands

Green’s Discount Beverage Stores president Lock Reddic reports both a strong revival in super-premium spirits brands and stellar performance in the value priced segment, especially in vodkas, in his 6 stores in Atlanta (2) and South Carolina (4). Reliable industry sources estimate Green’s total company sales are over $60 million. Spirits account for 55% of sales, with wine at 24% and beer 21%. Reddic notes that his best growth indicator is case volume, with bottles sold up 1.5% so far in 2011. Shanken News Daily recently spoke with Reddic about sales trends in his stores. Continue reading →

Posted in News on August 12, 2011

The Wine Group Boosts Australian Capacity With Loxton Buy

The Wine Group (TWG) is set to expand its production capacity, agreeing to purchase a 100,000-ton facility in Loxton, Australia from Australian Vintage Ltd. (AVL), the former McGuigan Simeon, for an undisclosed sum. Continue reading →

Posted in News on August 12, 2011

News Briefs for August 12, 2011

•Sonoma’s The Other Guys, a Sebastiani Family company, has introduced Masterson’s rye whisky, the first spirits entry from its newly formed 35 Maple division. Continue reading →

Posted in News on August 12, 2011