This blog post by my good friend Jimmy Matorin says it all: grab ‘n go from stores like Walgreens and CVS will grow at 10% over the next decade, which restaurants will slog along with an anemic 4% growth rate. It’s not like the restaurants haven’t been warned. We’ve been telling them for years: you’re […]
Continue reading this post ›Longtime readers of this blog know we have been predicting for months that Tesco would stanch the flow of red ink from its US subsidiary Fresh & Easy by getting out of the US. The parent company lost more than $1bn in a failed attempt to remake the American grocery market into c-stores on steroids. […]
Continue reading this post ›With the new Playboy-branded vodka & tequila ready to launch this Fall, it’s a good time to look at the premium spirits category. It’s a good time to be in the category: growth has been exceptional. Overall the U.S. bourbon market grew 13.2% with super-premium bourbons up an astonishing 79.5%.1 It doesn’t stop there: super premium rum sales were up 91% versus an anemic 2.5% for the spirit’s overall market. Not to be left behind, super premium liqueurs and cordials rose 21.1%.
Continue reading this post ›