Author Archives: Joel Whitaker

Non Bev/Al News, Views You Might Have Missed —

Posted on February 17, 2022 by Joel Whitaker

The IRS Already Has Your Income Tax Data—So Why Do Americans Still Have to File Their Taxes? A tax expert explains why the US continues to use such a complex and costly income tax system.  (And a side note: Democrats … Continue reading →

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Boston Beer Posts $52.8 Million Loss in 4th Quarter

Posted on February 16, 2022 by Joel Whitaker

What do you do when you post a whopping $51.8 million loss in the fourth quarter, one which more than wipes out a year-earlier profit of $32.8 million, or $2.64 a share?  If you are a market leader, you point … Continue reading →

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Participants in ‘Dry January’ Grew to 35% in U.S. from 21% in 2019

Posted on February 16, 2022 by Joel Whitaker

Sales of non-alcoholic spirits, beer and mocktails grew to $295 million during “Dry January,” with 35% of on-premise consumers participating, up from 21% in 2019, according to CGA Research.  Of those who intended to abstain from alcohol, an impressive 74% … Continue reading →

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Treasury Wine Finds Growth After China

Posted on February 16, 2022 by Joel Whitaker

When China doubled the tariff on Australian wine, it effectively closed that market to Australian producers.  For Treasury Wine Estates, that move has proven to hurt just a bit, with reported EBITS down 7%.  But excluding sales to Mainland China, … Continue reading →

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Patterson Cellars Buys Former Tertulia Winery & Vineyard

Posted on February 16, 2022 by Joel Whitaker

Patterson Cellars announced the purchase of the former Tertulia Cellars winery and Whistling Hills Vineyard in the Walla Walla Valley and said it will move most of its production to the valley and open its fifth tasting room there. Terms … Continue reading →

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Nevada Wine Cellars Files for Bankruptcy Act Protection

Posted on February 16, 2022 by Joel Whitaker

Nevada Wine Cellars Inc., which operates Pahrump Valley Winery, has filed for Chapter 11 Bankruptcy Act protection, which permits the company to reorganize the debt and restructure.  The company said it owes more than $1 million to its creditors. In the … Continue reading →

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