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.
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.”
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.
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.”
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