#alcohol-sales-decline

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Wine
fromHoodline
2 days ago

Restaurants Lose Alcohol Revenue As Americans Drink Less

Declining alcohol consumption is significantly reducing restaurant profit margins across the country, forcing operators to cut hours, adjust menus, and reduce staffing.
Food & drink
fromTasting Table
2 months ago

Jim Beam Stops Production At Its Flagship Distillery For A Full Year, Underscoring Struggles In The Bourbon Market - Tasting Table

Jim Beam will pause distilling at its Clermont, Kentucky flagship from Jan 1, 2025 through 2026 while continuing limited production elsewhere and avoiding layoffs.
fromsilive
5 months ago

NY liquor store licenses: State rejects 70% of new applications in 2025

According to a New York Post report, the State Liquor Authority (SLA) is rejecting up to 70% of license applications this year. They cite fears that new stores could force existing shops out of business. The crackdown comes as alcohol sales in New York have plunged by as much as 25% this year, with similar drops last year, according to the Post and liquor license attorney Max Bookman.
New York City
fromstupidDOPE | Est. 2008
7 months ago

Why Big Alcohol Is Betting on Cannabis Beverages to Win Back Customers | stupidDOPE | Est. 2008

The pandemic-era spike in liquor and beer sales has fizzled out, with beer sales down nearly 6%, spirits down 5.6%, and wine down 9%. Rising prices, tighter budgets, and health concerns are driving consumers away from traditional alcoholic beverages.
Cannabis
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