Beverage Dynamics Top Stories
Helping customers determine what wines pair well with proteins can be a matter of overcoming misconceptions. With wine/meat matches, some people are inclined to plate chicken or fish with a white, or heavier meats with red. “It’s somewhat of an antiquated approach, or a simplifier, to think of white fish with a white wine, or red meat with a cab,” suggests Jenny Schwartz, co-owner and bar manager of Hopscotch Restaurant and Bar in Oakland....
The Urban Grape’s tagline is “drink progressively.” The meaning is two-fold for this Boston-based retailer, which operates locations in both Chestnut Hill and the city’s South End. On one hand, The Urban Grape is progressive in its use of retail strategy, technology and social media. On the other, the husband-and-wife ownership team of TJ and Hadley Douglas believe that each consumer’s palate progresses over time, and can be measured and then matched to an...
Premium straight and aged rums appeal to the modern, sophisticated consumer. The second-largest spirits category isn’t resting on its laurels. It’s on the cusp of being the next big thing, say industry experts, as rum’s beach-bum image morphs into sophistication. Variety and versatility are rum’s greatest strengths – attributes that should enable the category to win market share from the hot whiskey and tequila segments. To do that, though, consumers need to better understand...
Americans today crave convenience. And in the spirits category, what can be more convenient than Ready to Drink (RTD) cocktails and shots? These products contain fresh, premium ingredients, often in small, sealed, one-serving containers. RTDs come in all shapes of packaging, including cans, bottles, shot glasses and plastic balls. They’re made for the busy, on-the-go consumer. Whether someone is camping, tailgating, at a barbecue, hosting a party, preparing for a night out, or...
With all due deference to vodka’s longstanding market dominance—which now accounts for almost 35% of all distilled spirits sold—drinking patterns do inevitably shift. The question then becomes, what will be the largest beneficiary of ex-vodka drinkers looking for something different in a light spirit experience? Those in the gin camp conjecture that potential converts are being created on a nightly basis in the form of lapsed vodka drinkers, consumers who’ve grown disenchanted with its...
Ever since craft beer got a grip on the American drinker’s imagination a couple decades ago, it has commanded more than its market share’s worth of attention. Craft comprises only 11% of the U.S. beer market, yet craft breweries and beer styles dominate the coverage in the popular press, relegating news about mega brewing companies to the business section. The Brewers Association, a trade group for the craft sector, reports that over 3,400 craft...
Judging by the constant drumbeat of media coverage, it would be logical to assume that the most important products on wine and spirit retailer shelves these days are craft beers and spirits, or wines from recently- discovered regions. But retailers know the real deal: a large percentage of their sales, and an untold amount of profit, come from the best-known and leading brands in any category. Volume in retailing is almost always king, and making...
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Beverage Stock Index
|Diageo plc Common Stock||DEO||103.50||(-0.8)|
|Ambev S.A. American Depositary||ABEV||5.12||(-0.08)|
|Molson Coors Brewing Company Cl||TAP||67.65||(+0.69)|
|Boston Beer Company, Inc. (The)||SAM||208.09||(+0.08)|
|Castle Brands, Inc. Castle Bran||ROX||1.226||(+0.01)|
|Anheuser-Busch Inbev SA Sponsor||BUD||106.37||(-1.47)|
|Craft Brew Alliance, Inc.||BREW||7.64||(-0.07)|
|Brown Forman Inc Class B Common||BFB||96.45||(-0.97)|
|Data was last updated 9:38 AM, 09/ 4/2015|