Cuervo Picks Up Pendleton Whisky
FILED DECEMBER 14, 2017 Cuervo has agreed to acquire Canadian whisky brand Pendleton from Hood River Distillers for $205 million. Read More
Target Dives into Same-Day Delivery, but Will it Include Alcohol?
FILED DECEMBER 13, 2017 Seems like we've hit a tipping point in the adoption of the grocery delivery concept.Today, Target announced it is beefing up its delivery game through an acquisition of delivery service Shipt Inc. for $550 million. This acquisition will bring same-day delivery service to roughly half of Target's stores nationwide by early 2018, with plans to expand to the majority of stores in all major markets by next year's holiday season. Read More
VWE Buys Cherry Pie, Layer Cake from Jayson Woodbridge
FILED DECEMBER 12, 2017 Vintage Wine Estates has acquired three wine brands from acclaimed winemaker Jayson Woodbridge including Layer Cake, Cherry Pie and If You See Kay. Read More
SGWS, Jarboe Form JV in Oklahoma
FILED DECEMBER 11, 2017 Southern Glazer's Wine & Spirits has agreed to form a joint venture distributorship with Jarboe Sales Company in Oklahoma. The deal will close on October 1, 2018, the same day the law that permits the sale of wine and full-strength beer in grocery and c-stores takes effect. Read More
Drizly Fighting to Maintain E-Commerce lead in Amazon Age
FILED DECEMBER 8, 2017 The online marketplace for alcohol is significantly underdeveloped compared to other categories, but it's slowly opening up and a number of companies are rushing to fill the void. Read More
RNDC, Central Liquor Form JV in Oklahoma
FILED DECEMBER 7, 2017 Republic National Distributing Co. and Central Liquor Company have agreed to form a joint venture distributorship in Oklahoma. CLD is owned and operated by third generation partners - Brad, Greg and Justin Naifeh. Read More
Behind B-F's Improved 2018 Outlook
FILED DECEMBER 6, 2017 Industry analysts are praising Brown-Forman today as the company kept the momentum going after a solid start to the fiscal year. In the US underlying net sales were up 6% for the second half. The growth was driven by the strength of its American whiskey portfolio, including the Jack Daniel's family, Woodford Reserve and Old Forester, as well as the tequilas, El Jimador and Herradura, both in the double-digits. Read More
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