A Surprising Look at the Retail Sector
An erratic economy creates new ups and downs for the off-premise sector.
Feb 2009 Issue of Wine Business Monthly
As the recession continues, many restaurants continue to see fewer customers and reduced check averages. Many retailers have also seen a downtick in quantities purchased and the average amount spent per bottle. Others, however, are benefiting substantially from the stay-at-home trend that allows consumer spending to go much further than it would at a restaurant. According to 2008 Adams Beverage Information Group data, the off-premise sector stayed relatively steady in 2007 with 77.3 percent...
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