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Daily Archive: February 3, 2012

Interview: Binstein Talks Specialty Spirits, Forecasts Revenue Rise Of 10% For 2012

Chicago-based retailer Binny’s Beverage Depot posted revenues of $254 million in its fiscal year ending August 31, 2011 and projects a 10% sales increase to $280 million for fiscal 2012. This month, Binny’s will open its first downstate store, in Champaign, Illinois, as reported by Shanken News Daily last fall. Continue reading →

Posted in News on February 3, 2012

Beam Sales Rise 8% To $2.3 Billion In Full-Year 2011

Beam Inc., reporting its first yearly results since it began trading as a stand-alone entity apart from the former Fortune Brands conglomerate last fall, said comparable net sales rose 8% to $2.3 billion in 2011. Continue reading →

Posted in News on February 3, 2012

Moët Hennessy’s Profits Rise 18% In 2011 On Revenue Increase Of 8%

Moët Hennessy’s net revenue increased 8% to €3.52 billion ($4.62b) in 2011, as profits from recurring operations for the year jumped 18% to €1.1 billion ($1.44b). Continue reading →

Posted in News on February 3, 2012

Total Wine & More Launches Website Sales

Total Wine & More has launched a new e-commerce website that allows consumers to shop online. Continue reading →

Posted in News on February 3, 2012

News Briefs for February 3, 2012

•Whisky Advocate has named Wiser’s Very Old (also known as Wiser’s 18 Year Old) as its Canadian Whisky of the Year. Continue reading →

Posted in News on February 3, 2012