Retail Wine Sales See 6 Percent Holiday Bump, Signs of Life for Above $20 Sales
Mar 2010 Issue of Wine Business Monthly
Off-premise wine sales data for the second half of the crucial holiday sales season—including Christmas and New Years—saw a healthy boost with value increasing 6.3 percent and volume increasing 5.6 percent from the same period a year earlier in the four weeks ending January 9, according to The Nielsen Company-tracked data. It was the highest increase in retail wine sales seen since the recession hit two years ago and perhaps most striking was that the over $20 per bottle segment was...
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