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Daily Archive: July 22, 2015

Interview: Stew Leonard Jr. Talks Trends In His Wine Stores

Stew Leonard Jr., the Connecticut grocer who parlayed his reputation for world-class merchandising tactics into wine retailing 16 years ago, now has his sights on growth through distilled spirits and craft beer, as well as an enhanced online presence. Leonard, president and CEO of four gourmet groceries and operator of nine wine shops in Connecticut, New York and New Jersey, says the combined annual sales revenue of Stew Leonard’s Wines stores is now close to $100 million, with wine accounting for about two-thirds of sales and spirits and beer both comprising 15%. The stores—three each in Connecticut, in New York and in New Jersey—average 10,000 square feet. Shanken News Daily spoke with Leonard about current trends and the opportunities for future growth. Continue reading →

Posted in News on July 22, 2015

A&P Bankruptcy Filing Creates Uncertain Future For Its Liquor Store Business

The fate of some 18 liquor stores operated by supermarket chain A&P remains uncertain after the company’s bankruptcy filing earlier this week. Continue reading →

Posted in News on July 22, 2015

News Briefs for July 22, 2015

•Kansas-based contract spirits producer MGP is set to release Metze’s Select, a limited edition Indiana straight Bourbon whiskey. Continue reading →

Posted in News on July 22, 2015

Craft Brewing and Distilling News for July 22, 2015

•Fort Collins, Colorado-based New Belgium Brewing is planning to open a new 10-barrel pilot brewery at Denver’s The Source Hotel. Continue reading →

Posted in News on July 22, 2015