Industry News

11 Craft Beer Trends in 2018

Growth continues to define U.S. craft beer. While sales have slowed from the meteoric rise between 2012-13 (almost +20%) to a more reasonable +6% in 2016, other key aspects have increased without end in...

Bacardi To Acquire Patrón Tequila

Bacardi Limited, the largest privately held spirits company in the world, announced today a definitive agreement to acquire 100% ownership of Patrón Spirits International AG and its Patrón brand of tequila. The transaction, which is...

Our Wine Panel Rates Bottles of Pinot Noir

For our latest round of National Retailer Wine Panel reviews, we asked panelists to rate pinot noir. As always, these selections include brief tasting notes, a rating and the wine’s retail price (which can vary...

Smuttynose Brewing Co. Heads To Auction As Sales Fall Short

One of New England's older and best-known craft breweries now seeks an immediate buyer through auction after sales could not keep up with the company's expansion. Smuttynose Brewing Co. opened in 1994 during the first...

Bordeaux’s Crus Bourgeois du Médoc Announce New Classification System

The Crus Bourgeois du Médoc, one of the oldest classifications in Bordeaux, have received French ministerial approval for the launch of a new "Crus Bourgeois" classification system, starting with the release of the 2018...

Pernod Ricard Acquires Remaining Stake in Avión Tequila

Pernod Ricard USA has completed its acquisition of the remaining stake in Avión Spirits LLC, owner of the tequila brand Avión, from its joint-venture partner Tequila Avión. Brand Founder Ken Austin (whom we interviewed in...

The Macallan Unveils 1977 Fine & Rare

The Macallan has unveiled a new release in its Fine & Rare collection: the 1977 vintage. The Macallan Fine & Rare collection was created to identify the best of The Macallan’s maturing stock. Only four bottles...

Sexual Harassment 101 for Retail Stores

Handling sexual harassment claims can be overwhelming and terrifying for every business—from small businesses to HR professionals at large industry corporations. But it shouldn’t be. People who run or manage retail businesses will at some point,...

How Macadoodles Built a Customer-Focused Retail Powerhouse

There’s only one boss: the customer. That was the philosophy of legendary entrepreneur Sam Walton, who founded both the Walmart and Sam’s Club retail chains. Walton’s customer-centric approach to business is something he passed along...

Ruca Malen Names New Chief Winemaker

Ruca Malen and parent company Molinos Río de la Plata have announced the appointment of Noelia Torres (pictured atop) as head winemaker, effective immediately. A native of Mendoza, Torres comes from a winemaking family and...