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Amazon’s Whole Foods Deal Gains Clearance From Shareholders, FTC

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Amazon’s pending $13.7 billion acquisition of Whole Foods has been approved by both Whole Foods shareholders and the Federal Trade Commission, and is on track to close before the end of the year. Originally announced in June, the deal will … Continue reading

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News Briefs for August 24, 2017

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•DoubleLine Capital founder Jeffrey Gundlach is suing a Napa Valley wine retailer for more than $1 million, accusing the company of selling him 67 bottles of trophy wines that an expert labeled fakes. In a lawsuit filed July 28 with … Continue reading

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Craft Brewing and Distilling News for August 24, 2017

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•San Diego’s AleSmith Brewing has launched Sublime Mexican Lager. AleSmith brewed the 5.2%-abv Vienna-style Lager to commemorate the 25th anniversary of the southern California band Sublime’s debut album and the packaging features the band’s iconography. After a July release in … Continue reading

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Ste. Michelle Wine Estates Portfolio Sees Its Innovation Efforts Pay Off

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Washington state’s top wine player, Ste. Michelle Wine Estates has posted impressive growth over the past few years, led by its flagship Chateau Ste. Michelle franchise, which sells more than 3.4 million cases annually. The group’s top brands also include … Continue reading

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News Briefs for August 23, 2017

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•Cognac shipments reached a new peak by both volume and value in the 12 months through July, according to the Bureau National Interprofessionnel du Cognac (BNIC). During the period, Cognac exports grew by 10.2% in volume to 190 million bottles … Continue reading

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Craft Brewing and Distilling News for August 23, 2017

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•Comstock Park, Michigan’s Perrin Brewing, part of the Oskar Blues portfolio, has partnered with Windy City Distributing to enter the Chicago market. Perrin’s Chicago launch, which begins this week, will include the brewer’s Black Ale, 98 Problems IPA, Blackberry IPA … Continue reading

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Walgreens: Beverage Alcohol Powerhouse

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After exiting the beverage alcohol category in the 1990s, Walgreens, the nation’s second-largest drugstore chain, has returned with a vengeance. Since reentering the drinks business in 2010, Walgreens has built its annual beverage alcohol sales to $1 billion, spread across … Continue reading

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Wine Spectator Scholarship Foundation Donates $1 Million to Washington State University

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As part of its continuing efforts to support the next generation of great American winemakers, the Wine Spectator Scholarship Foundation has announced that it will donate $1 million to Washington State University’s Viticulture & Enology Program. The donation will be … Continue reading

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News Briefs for August 22, 2017

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•San Francisco’s Anchor Distilling Company has officially launched the New Zealand Whisky Collection in the U.S. The range includes three blended whiskies: The 40%-abv Dunedin DoubleCask ($85 a 375-ml.), a blend of 70% single malt and 30% grain whisky aged … Continue reading

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Craft Brewing and Distilling News for August 22, 2017

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•Stone Brewing has released Tangerine Express IPA in cans to the California market. The 6.7%-abv IPA is brewed with whole tangerines and pineapple. Previously available on draft and in 22-ounce bottles, Stone Tangerine Express IPA will now be available in … Continue reading

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