Wine Spectator: Will The Southern-Glazer’s Deal Mean More Expensive Wine?January 26, 2016
Just two weeks into the new year, the wine industry witnessed what might be the most important business deal of 2016. On January 11, Southern Wine & Spirits and Glazer’s Inc. sealed a merger agreement, increasing the size of the largest distributor in the United States. The past two decades have brought a wave of consolidation at the wholesaler level, plus the growth of large chain retailers. Some industry observers worry that all this consolidation means higher prices or less selection. Others say no. Wine Spectator has the full analysis.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.