Tag Archive: Young’s
The Federal Trade Commission has granted approval for Republic National Distributing Co. (RNDC) and Young’s Market Co. to move forward with their planned joint venture, originally announced last month. Continue reading →Posted in News on July 18, 2019
With yesterday’s blockbuster announcement that Republic National Distributing Co. (RNDC) and Young’s Market will join forces to create a 32-market, $11 billion distribution giant, the middle tier’s long-term consolidation trend continues.
Exclusive: RNDC And Young’s Join Forces, Creating An $11 Billion Powerhouse With A 32-Market Footprint
Republic National Distributing Co. (RNDC), the U.S. market’s second-largest spirits and wine distributor, is joining forces with fourth-ranked Young’s Market Co. Continue reading →Posted in News on June 13, 2019
Napa-based Hess Family Wine Estates has been revamping its operations recently with a focus on premium and luxury wines. As part of the push, Hess named fifth-generation family member Tim Persson as president and CEO, and has added a number of veteran wine executives, including John Grant (COO), Nicole Carter (CMO) and most recently Matthew Wood (VP, operations), all three formerly of Treasury Wine Estates. SND senior editor Daniel Marsteller met with Grant and Carter to get an update on progress. Continue reading →Posted in News on March 23, 2016
Led by its Cavit brand from Italy—the second-largest imported wine in the U.S. market—Palm Bay International continues to expand its 5.8-million-case portfolio with an eye toward moving further upscale. Shanken News Daily senior editor Daniel Marsteller recently met with Palm Bay president and CEO Marc Taub to get his views on the ongoing premiumization push, as well as the U.S. market outlook for 2016. Continue reading →