Battered On-Premise Still Lagging
A key challenge facing wineries as consumer behavior establishes its new normal is identifying where wine fits into everyday life. Channel shifting during the pandemic has given way to digitally driven channel blurring as sales shifted online, with wineries’ direct-to-consumer shipments joined by e-commerce sales and the emergence of to-go options from restaurants thrown a […]
Options Trigger Shifts in Off-Premise
Just as the word “vibe” has come to mean so much in business, culture and the economy, one’s vibe, or the vibe of the occasion, seasonal vibe, perhaps the vibe of a retail aisle and even the vibe of a beverage’s packaging are all contributing to the vibe of retail sales. The growing ubiquity of […]
Industry Metrics: Price Drives Growth
Value Domestic Wine Sales for 12 months ended September 2023 +6% U.S. wine sales including bulk imports, bw166 Other Wine Industry Metrics for September 2023 (versus September 2022) data: -2% off-premise sales value, NIQ channels -1% on-premise sales (52 weeks ended July 15), CGA by NIQ -6% DtC shipment value, WineBusiness Analytics/Sovos ShipCompliant -28% Winery […]
Over Deliver in a Challenging Market
After working at the winery her father founded in 1972 for most of her youth, Kim Stare Wallace had designs on a career in fashion and international business when she graduated from college. But after realizing success would only come following a move to New York or Los Angeles, she rejoined the family business in […]
Upcoming Events
Winejobs.com Summit: Nov. 14 A one-of-a-kind gathering in Napa, Calif., for HR managers to connect with their peers to discuss current HR topics and learn from industry experts. Seating is limited and registration is by invitation only. eventscloud.com Wine Industry Financial Symposium: Nov. 14-15 Held in Napa, Calif., the Wine Industry Financial Symposium covers the financial, […]