A bill letting beer wholesalers cash in on lucrative liquor-based drinks would “expand their monopolistic advantage” and raise prices for consumers, argues a leading wine and liquor organization.
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Every year or so, Apple comes out with a new iPhone. While brand enthusiasts can go into detail about the differences between the latest models, most consumers simply upgrade every few years or as our budget allows. Knowing the brand Apple is enough.
It’s a common misconception that liquor stores are recession-proof. However, anyone who’s a vet in this industry knows that this is far from the truth. During tough economic times, liquor stores face a decline in sales, as customers become more price-sensitive and buy fewer high-end products.
What will legal weed do to the beer business? It’s an open-ended question with a bajillion dollars riding on it, and no one really knows how it’s going to shake out. The mystery has fathered some truly disjointed industry developments for the past half-decade!