Package Stores Feel Pressure from All Sides

Dear Client:Yesterday we reported on what Nielsen considers the headwinds and tailwinds facing the wine industry including: a return to growth for beer, the multicultural shortfalls of wine and the unpredictability of pricing. Providing the retailer perspective, Robert Trone, co-founder of Total Wine & More, addressed the Wine Financial Symposium on their own headwinds and tailwinds and how Total Wine is handling them. "I believe that margins at the retail level on the wine side for the everyday brands are