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.
High Prices by PA Liquor Control Board Puts Pennsylvanians in Low Spirits
“Pennsylvania Liquor Control Board increased prices on more than 3,500 products by around 4%, according to a staff report from the Pittsburgh Post-Gazette.
The agency went through with the increase despite receiving some push back, including from the Distilled Spirits Council of the United States. The representative of distilled spirits producers said PLCB did not give spirits suppliers enough notice about the increase in prices.”
Premium-ization continues to drive US alcohol sales
“Long-term premium-ization trends in spirits has boosted the category with crossovers in RTD’s as pre-mixed cocktails and spirit-based RTD’s gaining ground. Premium-ization has long been a long-term trend. But as inflation and economic uncertainty continue to bite, why are consumers still willing to pay more?”
Can Craft Beer Companies Rescue Malt Liquor’s Reputation?
“Long assailed for being strong, cheap and irresponsibly marketed, the beer is getting new attention and innovation..”
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