Spec’s Expands West, Acquires Nevada’s Lee’s Discount Liquor
Spec's Wines, Spirits & Finer Foods is expanding out of Texas with the acquisition of Lee’s Discount Liquor, Nevada’s largest independent liquor chain, the companies announced today.
Reyes CEO Tom Day On RNDC Deal, Scaling Spirits and Wine Business
After 50 years in business, Reyes Beverage Group’s dealmaking ambitions aren't close to done – in and out of beer.
Spirits Distribution: Punch Club Lands at Total Wine; Oishii Signs With SGWS
This month's distribution moves see a sake ready-to-drink (RTD) brand make a landmark leap into the country's largest distribution network, a European cocktail company make its U.S. debut through Total Wine, and ALB Vodka continue its national buildout in the wake of Republic National Distribution Company’s (RNDC) exit.
Why Saint Spritz Broke The Rules
Nearly every ready-to-drink (RTD) startup founder hears the same piece of advice: stay narrow, go deep, and prove velocity before you scale. But Saint Spritz went a different direction, and so far, it has paid off.
Inside the RTD M&A Frenzy: Carbliss, SpikedAde and Happy Dad Talk Different Strategies
As ready-to-drink (RTD) M&A heats up, Carbliss is open to potential acquirers, co-founder Adam Kroener made clear Wednesday at Beer Marketer’s Insights spring meeting.
Right Coast’s Italian Ice Heats Up as It Adds New Markets, Expands in Trader Joe’s
Right Coast Spirits’ Italian Ice is heating up at Trader Joe's and riding high as in enters its third summer.
Uncle Nearest Moves Closer To Possible New Ownership
Uncle Nearest Premium Whiskey is possibly closer to new ownership after its court-appointed receiver announced today he has signed a non-binding letter of intent (LOI) to sell nearly all of the brand’s assets to a Black-owned investment firm.
Uncle Nearest Stays in Receivership; Founder’s Holding Company Added
A federal judge has issued a ruling maintaining the court-supervised receivership for Uncle Nearest Premium Whiskey and broadening that oversight to encompass founder Fawn Weaver’s personal holding company.
NIQ: No/Low Alcohol Hits $6 Billion Globally, But Soda and Water Are Winning
No/low alcohol reached $6 billion in worldwide off-premise sales, growing +11.8% versus a year ago and adding $737 million in incremental sales, according to a new moderation report from NIQ.
Perfect Purée Acquires Strongwater, Expands Premium Bar Ingredients Portfolio
The Perfect Purée of Napa Valley, a leading producer of premium fruit products for culinary and beverage professionals, is expanding into the elevated bar ingredients category with its acquisition of Strongwater, the Colorado-based maker of craft bitters, mixers and functional beverages.
Spritz Society Bets the Brand on The Skinny Spritz
After the diet culture of the 2000s propelled the commercialization of the skinny margarita, can the better-for-you trends of the 2020s do the same for the skinny spritz? One brand is betting on it.
Spirits Distribution: RNDC Exit Shakes Up Partnerships; RTDs Expand
This month’s distribution moves are headlined by RNDC's continued national wind-down, scattering independent and major brands to new partnerships. Meanwhile, a wave of ready-to-drink (RTD) brands are pushing into new markets from Wisconsin to Southern California.
RTD Cocktails Outperform as Total Bev-Alc Declines Moderate Slightly
Total bev-alc dollar sales continued to decline in the latest two weeks, as even the standout growth category ready-to-drink (RTD) cocktails saw sales dip, according to the latest analysis of NIQ data from Goldman Sachs Equity Research.
Sazerac Acquires Equity Stake In SIPMARGS
Sazerac has added another ready-to-drink (RTD) cocktail to its growing portfolio.