Headlined by Duckhorn’s nearly $2 billion acquisition by private equity group Butterfly, 2024 has seen a number of significant mergers and acquisitions across the supplier and distributor tiers. They ...

Florida-based restaurant giant Darden posted sales up 6% to $2.9 billion in its second quarter ended November 24, boosted by blended same-restaurant sales up 2.4% as well as the addition of 103 Chuy’s ...

France’s Groupe Bollinger has been raising its profile in the U.S. market over the past few years, leveraging increasing consumer enthusiasm for Champagne with its namesake bubbly while expanding its ...

Southern Glazer’s has completed its previously announced acquisition of New England wholesaler Horizon Beverage for an undisclosed sum. The deal was originally announced in July. With the deal, ...

While total sparkling wine volume is projected to slip again in the U.S. this year, according to Impact Databank, key brands from the $15 and above segment are showing gains in the off-premise as we ...

With the holiday season in full swing, beverage alcohol retailers are finding creative ways to add customer value and finish the year strong. “We still see Bourbon and whisk(e)y being big for the ...

When guests arrived at the 17th annual Palm Beach Food & Wine Festival’s Grand Tasting on Dec. 15, they found an even bigger and better event than last year. The culmination of a four-day culinary ...

Los Angeles-based private equity group Butterfly has completed its acquisition of California luxury wine player Duckhorn for $11.10 per share, in an all-cash transaction valued at approximately $1.95 ...

Perhaps a daily glass of wine has been unfairly targeted. The panel of health experts tasked with studying alcohol consumption for the U.S. Dietary Guidelines has found with “moderate certainty” that ...

•New Jersey has announced a ban on synthetic cannabinoids like delta-10 THC, as the state continues to fine tune its regulation of the hemp-derived and synthesized THC products. Continue reading → ...