What companies make 80 percent of the wine purchased in the U. S. market?
Which two wine companies own half of the wine brands on the top 20 list for off premise sales? Here's a hint; one is publicly traded the other is not. Blockbuster brand Meomi was just purchased by Constellation Brands Inc, the latest in a frenzy of acquisitions being made by some big players in the wine business. Steve Heimoff wonders who got the better end of the deal. Why would anyone want to hack a winery? Rob McMillan pens a in-depth article about the Payment Card Industry, with respect to the wine trade and explores topics any consumer that shops using e business should be aware. Vindu Goel reports in the New York Times that former winemaker and vineyard manager Jeffry James Hill plead no contest to charges of misrepresenting the origin of wines he sold to his clients and other winemakers. He's out of the wine business and awaiting sentencing. As always thanks for listening and tell a friend. Cheers!
Week of July 12th through the 20th.