NEWS EDITION: 5 Stocks to Watch as the Alcohol Industry Trends Turn Unfavorable

Players in the Zacks Beverages – Alcohol industry have been witnessing product shortages due to supply delays and other logistic issues. Escalated input, freight and packaging costs, along with higher advertising and marketing expenses, may continue to be headwinds for the industry participants.

Welcome to another edition of Uncorked News.  Interesting industry info for liquor stores, beer stores, and wine shops with a splash of point of sale (POS) technology topics.

For over 15 years we have been on the edge of relevant offerings within the Retail Alcohol Industry to help guide your interests and decisions.
 
The Industry is changing and we are changing right along side it to better suit your needs including Dual Pricing.
5 Stocks to Watch as the Alcohol Industry Trends Turn Unfavorable

“Players in the Zacks Beverages – Alcohol industry have been witnessing product shortages due to supply delays and other logistic issues.

Escalated input, freight and packaging costs, along with higher advertising and marketing expenses, may continue to be headwinds for the industry participants.

However, companies in the alcohol space are placed to benefit from the continued recovery across markets and channels, robust demand for premium and high-quality products, and innovative spirits.”

Read More Here

Eden Prairie Liquor soon to add THC Beverages

“THC-infused beverages are expected to be sold at EP Liquor stores by the end of the month.

An informal discussion with Eden Prairie City Council members cleared the way for city staff to begin making plans to sell the new beverages in the city’s three liquor stores.
 
Jaime Urbina, liquor operations manager, said the products would probably be available in stores on Friday, July 21. Until then, he said, staff will be finalizing internal procedures, checking with other municipal stores to learn what’s selling best, and arranging delivery of the product.”
 
 
AND
 
 
Non-alcoholic beverages flourish as more Americans cut back on drinking

“U.S. beer sales traditionally peak in the summer between Memorial Day and Labor Day. But what’s in those beers is changing. While non-alcoholic beer, wine and cocktails make up a small fraction of the overall market, sales are rapidly rising. Economics correspondent Paul Solman went out for a taste test.”

Read More Here

CloudRetailer Knowledge Base

Best of the Rest

Wet? Dry? Sunday Sales? A Look at Arkansas’ Disparate Alcohol Laws

 

Liquor sales on Sundays? Happy hour and bottomless mimosas? NC may loosen alcohol laws

 

Beer at the gas station, when a minor can legally drink: A guide to Wisconsin’s alcohol laws

 

“Mocktail” no more: Why bartenders want to change what we call non-alcoholic drinks

 

PBS – Liquor Store Dreams (documentary)

 

Glass bottling plants forced to shut down, leaving 600 employees jobless amid Bud Light controversy

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Questions about liquor store point of sale systems – including the low cost replacement program for Microsoft Dynamics RMS, or other legacy POS systems?
 
Then please contact RITE’s sales and marketing team at 888-267-7483 or sales@rite.us
 
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