From spiced bourbon to a new #nevertamed campaign, here's what Wild Turkey is doing to capitalize on the bourbon boom.» Read More
NEW YORK, March 21- It only took a look at the financial statements of the world's largest maker of spirits to convince Larry Seruma that Africa was the place to go. While African alcohol consumption lagged Europe or the Americas, Diageo's rapid expansion on the continent was such that, by 2013, the region accounted for 13 percent of global revenue.
Starbucks' move into alcohol sales and specialized stores is part of its effort to cover a larger market, both the day crowd and the evening crowd.
Noodles' Kevin Reddy weighs in about possible increases in the minimum wage and why his restaurant chain has a no-tip policy.
The Brewers Association reports craft brewers saw an 18 percent rise in volume last year and a 20 percent increase in retail dollar value.
Bushmills' master of whiskey Gerry Graham offers a few St. Patrick's Day cocktails to the "Squawk Box" crew, and Morgan Stanley Vice Chair Gary Kaminsky.
Breakfast is increasingly the restaurant meal to watch although analysts say entering the space is no slam dunk.
CNBC's Jane Wells shares the new way wine is being poured in Pebble Beach, California.
As California's drought hits winemakers, they've explored new—sometimes novel—ways to sell wine.
CNBC's Jane Wells reports how the California drought is causing problems for Napa vineyards and shows new technologies being employed to fight drought.
CNBC's Jane Wells reports how the California drought is causing problems for Napa vineyards.
Clay Shannon of Shannon Ridge Family of Wines started out using screwcaps for his wine bottles, but switched to cork as the cork industry fights to regain market share.
David Duncan of Silver Oak Cellars and Jennifer Putnam of Napa Valley Grapegrowers say Merlot is back in vogue ten years after the movie "Sideways" nearly destroyed the market for the varietal. But Clay Shannon isn't so sure.
Ted Carrick of Free Flow Wines and Wendy Heilmann of Pebble Beach Company explain why they're serving wine out of kegs at one of America's top resorts.
Nightlife proprietor Scott Gerber, Gerber Group Principal and CEO, discusses the opening of his new rooftop bar at the Viceroy Hotel in New York City. Gerber also weighs in on spirits versus beer.
Discussing if now is the time to invest in fine wine, with Jennifer Williams-Bulkeley, AOC Advisors managing partner. Williams-Bulkeley shares her most coveted wines.
According to a new report from Knight Frank and WealthInsight, fine art was the worst performing collectible last year, with prices down 3 percent.
At a time when beer sales are slumping, Bud Light is finding success with its line of margarita-flavored malt beverages.
ONEHOPE wine donates half its profits to charity for every bottle sold. Jake Kloberdanz, ONEHOPE founder and CEO, discusses its charitable efforts and partnership with Robert Mondavi wines.
McDonald's is planning to expand "build-your-own burger" concept, as it aims to adopt the customization trend in the fast-food industry.
More than three decades after hitting the market, Diet Coke brand is experimenting with a frozen variety for the first time.