Retail Sales Report: Year in Review
Higher price points have highest growth, even after downturn in sales.
May 2008 Issue of Wine Business Monthly
The wine industry has several reasons to be optimistic after once again reaching record sales in 2007. "The category is still growing at a fairly substantial rate," said Brian Lechner, director, client service at The Nielsen Company. "Wine is a really good category to be in right now. That bodes well for everyone: retailers, consumers and producers." According to The Nielsen Company data tracking sales in food, drug and liquor store outlets, wine sales for the complete 2007 year rose by 6.2 per...
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