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COSTCO TO OPEN MAINLAND STORE

Global membership warehouse club retailer Costco Wholesale Corp is scheduled to open its first brick-and-mortar store in the Chinese mainland on Aug 27, posing a strong threat to Walmart China’s cash cow, Sam’s Club, in a battle to win over the country’s high-end consumers. Costco’s first store will be located [...]
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The Inexorable Rise of Wine Prices

Inflation is a fact of life, but the relentless increase in the price of wine is startling. By Don Kavanagh | Posted Friday, 07-Jun-2019 The soaring prices of the world’s top wines will be no news to anyone who hasn’t spent the last five years living under a rock, but [...]
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LED BY PROSECCO, US SPARKLING WINE SALES CONTINUE TO GROW

Sales of table wine in the United States essentially are flat after a sustained boom. The latest figures available show wine sales grew by only .02 percent in 2017. There are, however, footnotes to those numbers. While folks are not buying more wine, they are buying more expensive wine. And [...]
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