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Feds Probing Uncle Nearest

Uncle Nearest Inc. is being investigated by Federal agents, Philip G. Young, the court-appointed receiver disclosed in a filing, in which he advised the court he had retained Simms Funk, a boutique Nashville, Tenn., firm that specializes in white collar and corporate investigations and regulatory and administrative law among

Sale of Uncle Nearest Underway

A letter of intent to buy "substantially all the assets of Uncle Nearest, Inc., Uncle Nearest Real Estate Holdings, Inc. and Nearest Green Distillery, Inc. was signed on May 29 and was submitted to the U.S. District Judge overseeing the receivership of the troubled distillery Monday (6/1)

Sales Lag Year Ago, Holiday Demand Sparks Weekly Improvement: NIQ

During the four weeks ending May 23, Total Alcohol lagged year-ago levels. Dollar sales reached $8.5 billion but fell -4.7% vs a year earlier, while case volume totaled 164.5 million, down -6.5%, NIQ reports. On a weekly basis, dollar sales grew slightly compared to the

Dewar's Offers Champion's Edition for U.S. Open

Dewar's Offers Champion's Edition for U.S. Open

This year's U.S. Open will take place on Father's Day weekend, June 19-21, and Dewar's, the tournament's official Scotch whiskey, has released Dewar's 19 Year Old 'The Champion's Edition' finished in Old Cabernet Franc

What I'm Reading

Employee Fraud to Real Estate Debt: Why 3 Popular Texas Alcohol Brands Just Declared Bankruptcy A number of independent alcohol producers have filed for bankruptcy this year, potentially signaling a deeper financial crisis in the industry. (Inc.) "We Have a Communication Problem," But It's Solvable | Wine&

X Ways Importers Are Adapting to Trump's World

Change, the Baltimore investment sage T. Rowe Price once said, is the investor's only certainty. That's equally true for the businessman too. In times of change, some firms prosper and some firms die. Likewise, the quote, "It is not the strongest of the species that

Reyes Beverage Closes on RNDC Units

Republic National Distributing Company (RNDC) today announced the successful closing of the transaction involving 11 RNDC markets transitioning to Reyes Beverage Group (Reyes). The completed transaction includes the following markets: Arizona, Colorado, Florida, Louisiana, Maryland, Oklahoma, South Carolina, Texas, Virginia, and Washington, D.C. The transaction in Hawaii is still