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Monthly Archives: June 2022
Green Light, United W&S Merge, Form No. 3 Texas Spirits Distributor
Dallas-based Green Light Distributing has merged with Houston’s United Wine & Spirits to create the third-largest spirits distributor in Texas. The newly expanded company enhances options and opportunities for on- and off-premise customers as well as small and mid-sized wine … Continue reading
Posted in Acquisitions, News
Tagged Green Light Distributing, United Wine & Spirits
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Jack Daniel’s Distillery Releases Its Highest Proofs Ever
The Jack Daniel Distillery introduces the very limited Jack Daniel’s Small Batch Special Release Coy Hill High Proof in 375ml bottles. Matured in the highest reaches of barrelhouses on Coy Hill, the highest elevation at the Jack Daniel Distillery, this … Continue reading
Posted in New Products, News
Tagged Coy Hill High Proof, Jack Daniel's
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Budvar Profit Rises Again
Budvar, the Czech brewer that has been in a long legal dispute with Anheuser-Busch over the Budweiser brand saw its net income last year rise 10% for the second consecutive year. Exports were up 11%, a record and output rose 4.6% to … Continue reading
Independence Day Weekend Could Bring Fireworks to On-Premise
The July 4th holiday is generally known as a boost for off-premise sales, but CGA expects “fireworks” in the on-premise segment, too. In 2021, July 4th fell on a Sunday, and saw a decrease in value velocity across key states, … Continue reading
Posted in News, On-Premise, Sales
Tagged CGA, July 4
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A-B Joins Partners to Prevent Drunk Driving in D.C. This Summer
Anheuser-Busch, Mothers Against Drunk Driving (MADD), and Uber announced the next phase of their joint Decide to Ride campaign in Washington, D.C., where the coalition will combat alcohol-impaired driving this summer. This Fourth of July through Labor Day, the coalition is teaming … Continue reading
Posted in Marketing, News
Tagged Anhesuer-Busch, MADD
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Consumer Concerns Grow with Recession Talk
The Conference Board measure of consumer confidence fell more than expected in June to 98.7 from a downwardly revised 103.2 (consensus 100). The forward-looking expectations component bore the brunt, dropping from 73.7 to 66.4, taking this series to the lowest … Continue reading
Posted in Economic Outlook, News
Tagged Conference Board Leading Economic Index
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