As demand increases and inventories experience an extended shortage, consumers will have to choose between paying more, trading down or buying foreign imports, according to a new report. Read More
With such whimsical flavors as cookie dough, smoked salmon and whipped cream, today’s vodka aisle is getting adventurous as companies seek to draw consumers and generate attention for their brands. Read More
What if drinks traded like stocks or commodities futures? In other words, what if their prices fluctuated depending on outlook, desirability, supply and demand? Read More
Higher expenses may have clouded Constellation Brands’s2013 forecast, but Timothy Ramey, vice president and senior research analyst at D.A. Davidson and Co., says the outlook for the alcoholic beverage maker is still quite good. Read More
The online wine retailer TastingRoom.com now offers a solution for wine connoisseurs who wish to indulge in high-end wine by the glass at home. The strategy caters to consumers who are breaking out the corkscrew more often and whose tastebuds are more adventurous than those of older generations. Read More
Forget Dow 13,000, for an indication of which direction the economy may be heading look no further than Napa Valley. After a record $3.1 million in wine was sold at the Premier Napa Valley trade auction this past weekend, it appears the economy may be looking up. Read More
When John Todora announced last season that he’d be offering every customer who came in to watch Miami Heat games at his bar a $25 bill credit if the team lost that night, many people thought he was crazy. Read More