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Dear Client: Memorial Day scans are in from Circana and, welp, we’re still waiting on that early summer spark. Indeed, while not nearly as brutal as last year’s holiday washout (wherein beer dollars dropped 6.4% and total bev alc fell 5.1%), the latest Memorial Day results remained lackluster. Total bev alc dollars fell 1.6% in the week ending May 24, with beer down 2.8%, wine down 3.3% and spirits again carrying the occasion, up 4.4%. And like last year, there
Big Deals Closing, and More Coming
Dear Client: REYES CLOSES 11-MARKET DEAL WITH RNDC, LEVELING THE WHOLESALER UP TO 360+ MILLION CASES A defining distributor deal months in the making became official on Friday: Reyes Beverage Group announced that it was closing on its acquisition of Republic National Distributing Company’s operations in 11 markets: Arizona, Colorado, Florida, Hawaii, Louisiana, Maryland, Oklahoma, South Carolina, Texas, Virginia and Washington, D.C. (Recall that the company had expected to close by end of May earlier this spring.) RGB FOOTPRINT NOW
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