Tag Archive: retail
Wine Nation Store Opens in Connecticut
Tom Trone’s second Wine Nation liquor store has opened in Norwalk, Connecticut. Continue reading →
Posted in News on April 23, 2012News Briefs for April 16, 2012
•Anheuser-Busch InBev (ABI) will pay $1.24 billion to acquire majority control of the Dominican Republic’s Cervecería Nacional Dominicana S.A. (CND), makers of the Presidente beer brand, creating what it says will be the leading drinks company in the Caribbean. Continue reading →
Posted in News on April 16, 2012Total Wine Unveils Details Of Launch Into Dallas Market
Last November, Shanken News Daily exclusively reported that Total Wine & More was planning a move into the Texas market with a store in Dallas. Continue reading →
Posted in News on April 10, 2012Tesco’s Fresh & Easy Venture Under Fire From Shareholders
U.K. retailer Tesco is reportedly coming under pressure from shareholders to abandon its Fresh & Easy branded store venture in the U.S. market. Continue reading →
Posted in News on April 9, 2012News Briefs for March 30, 2012
•Tastingroom.com, a website specializing in delivery of luxury wine samples, has added four new labels to its wines by-the-glass program, which debuted exclusively with Napa’s Silver Oak winery on March 1. Continue reading →
Posted in News on March 30, 2012New York’s Sherry-Lehmann Projects Revenue Growth Of 7% For Its Fiscal 2012
Sherry-Lehmann, one of Manhattan’s most renowned wine shops, reports that revenues for its fiscal 2011 ended August 31 reached $45 million, up 7% from the previous fiscal year. CEO Chris Adams says calendar fourth quarter sales last year ended strongly after a weak start in October and November. He expects to achieve another 7% sales increase for fiscal 2012. Shanken News Daily recently spoke with Adams about the highly acclaimed 2009 and 2010 Bordeaux vintages, and prospects for sales of the 2009 Burgundy vintage at Sherry-Lehmann. Continue reading →
Posted in News on February 10, 2012