Tag Archive: Costco
Costco Reports 8% Rise In Beverage Alcohol For First Three Quarters As Spirits Sales Lead Growth
Issaquah, Washington-based Costco reports that sales of beverage alcohol are up 8% in the nine months ending May 31, the first three quarters of its fiscal year. The company is projecting nearly a 10% rise for the full year. Currently with 627 locations and with nine more units planned to open before September 1, Costco is one of the largest retailers of beverage alcohol in the U.S. and in foreign markets including Canada, Mexico, U.K., Japan, Taiwan, Korea and Australia. Shanken News Daily recently spoke with Annette Alvarez-Peters, Costco’s assistant general merchandise manager for wine, spirits and beer, about sales trends. Continue reading →
Posted in News on May 31, 2013News Briefs for June 25, 2012
•A coalition of Initiative-1183 supporters, including Costco, the Washington Restaurant Association (WRA) and the Northwest Grocery Association, are suing Washington State’s Liquor Control Board (LCB) over several privatization regulations. Continue reading →
Posted in News on June 25, 2012Costco To Open 20 New Units in Fiscal 2012
Issaquah, Washington-based Costco has reported strong fourth quarter sales of beverage alcohol for calendar 2011 and plans to open 20 new units before the end of its 2012 fiscal year, ending August 31. Shanken News Daily recently spoke with Annette Alvarez-Peters, Costco’s assistant general merchandise manager for wine, spirits and beer, about the brands and categories that performed well over the recent holiday season. Continue reading →
Posted in News on January 20, 2012News Briefs for December 8, 2011
•The Pennsylvania Liquor Control Board (PLCB) has opened its latest large-format Fine Wine & Good Spirits store in Philadelphia. Now the largest rebranded PLCB store in the state, the Philadelphia outpost is one of around 10 liquor stores that have recently been renovated under the PLCB’s new, customer-focused retail concept. Continue reading →
Posted in News on December 8, 2011After Landslide Vote, Washington State’s Liquor Privatization Will Begin To Take Shape
Washington voted overwhelmingly to end the state’s 78-year monopoly on liquor sales yesterday, as ballot initiative 1183 won with about a 60% majority. Continue reading →
Posted in News on November 9, 2011News Briefs for November 1, 2011
•As Washington State prepares for a referendum (conducted by mail and ending next Tuesday) on privatizing liquor sales, it’s reportedly mulling bids from two firms for the Seattle liquor distribution center currently run by the state’s liquor control board. Continue reading →
Posted in News on November 1, 2011
