A day after federal and state judges blocked the proposed $25 billion merger of supermarket giants Kroger and Albertsons, Albertsons Cos. sued its erstwhile partner and ended its pursuit of the merger ...
The long-simmering $25 billion merger between supermarket giants Kroger and Albertsons was blocked in federal court in Oregon today, with U.S. District Judge Adrienne Nelson issuing a temporary ...
Following a weeklong countdown, Whisky Advocate named Laphroaig Elements 2.0 Cask Strength as the 2024 Whisky of the Year last Thursday. The following day the magazine unveiled its full Top 20, ...
When entrepreneur Bill Foley purchased the mothballed Bently Heritage Distillery in Nevada last May, the news was received with great interest in the whiskey world. His California-based Foley Family ...
Canada-based Canopy Growth has completed its acquisition of U.S.-based cannabis operator Acreage, furthering Canopy’s push in the American market. The move brings national brands like the Botanist and ...
The pre-roll boom continues in the U.S. cannabis market, with the category reaching $4.1 billion in sales from January 2023 through June 2024, according to a new report from Custom Cones USA. The ...
It’s been a mixed picture in the liqueurs category overall lately, with lower-end brands largely in decline, offset by a new set of premium offerings and diverse flavor profiles that’s driving growth ...
In case you missed Friday’s alert, Duckhorn reported net sales for Q1 2025 of $122.9 million, a 19.9% increase over Q1 2024. The company attributed that growth to Sonoma-Cutrer, noting that when the ...
•Suntory Global Spirits has released Booker’s Bourbon “Jimmy’s Batch,” the fourth and final bottling from the brand for 2024. Continue reading → ...
Brown-Forman reported flat organic sales of $2.0 billion for its fiscal first half for 2025, with operating income down 3% organically to $622 million. Continue reading → ...
Southern Glazer’s Wine & Spirits has agreed to sell its U.S. Virgin Islands-based distribution business to CC One Virgin Islands for an undisclosed sum, effective January 31. Continue reading → ...
•Pernod Ricard has opened the latest distillery in its Our/Vodka program with its launch of Our/Los Angeles. Continue reading → ...