Retail

Sherry-Lehmann's Hong Kong-based landlord, Glorious Sun, received court permission to to clear out shelves, fixtures and leftover bottles of wine.

Safeway and Albertsons launched Vine & Cellar, a collection of expertly curated wines available online, shipped directly to customer homes. Available now exclusively in California, Vine & Cellar boasts an expanded assortment of wine varietals and global wine regions. “We are launching Vine & Cellar to give our customers and

The New York City wine shop on Park Avenue has struggled to pay bills and was closed March 9 after neglecting to renew its liquor license which expired Feb. 28, the New York Post reported. Since then, the business “did a full physical inventory of our store, the vast cellar

The hedges that protected beverage companies from input cost inflation have run out, and consumer savings have been drawn down, and e-commerce now faces a mix of high cost of capital, easing demand and tight labor markets. But what, you ask, about those positive sales and earnings, such as Diageo,

Silicon Valley Bank wasn't the only wine-affiliated business that folded over the weekend.  The iconic New York City wine store, Sherry Lehmann, also closed its doors on orders from the New York State Liquor Authority.  The order was issued because Sherry-Lehmann hadn't renewed its liquor license.

Pennsylavania Liquor Control Board said it will raise prices of 3,5000 products 4%, effective Jan. 15.   Excluded from the price increase are 5,600 one-time buys, such as seasonal and luxury items; 2700 items on clearance, 100 PA Proud items in 10 or few Fine Wine & Good Spirits