Costco already cuts a mammoth figure in the beverage alcohol market, with sales estimated at above $6.5 billion in recent years, but the retail giant has further expansion on its mind. Chad Sokol, ...

Grupo Cuervo posted sales down 10% to $492 million on a like-for-like basis for its fiscal third quarter ended in September, as volume dipped 5.6% to 5.7 million 9-liter cases. EBITDA plunged 51% to ...

The Drug Enforcement Agency (DEA) has approved federal registration for more than 900 medical cannabis dispensaries across seven states, as part of the Trump administration’s shift of medical cannabis ...

As the many consumers of THC products can readily attest, no matter their preferred form factor or whether they use cannabis for medical or recreational purposes, there can be a mild feeling of ...

Irish whiskey, Tequila, and liqueurs were up 6.6%, 2.5%, and 1.4% in depletion volume, respectively, over the last three months, according to new data from WSWA’s SipSource. The information, released ...

Delivery provider DoorDash is set to acquire rival Instacart in a deal worth $17 billion, the companies announced this morning. DoorDash said the tie-up will provide more choice for consumers, ...

Diageo has announced two new limited edition whiskies: the latest entry in the Orphan Barrel series and a special high-proof bottling of Blade and Bow’s oldest Bourbon to date. The newest addition to ...

In case you missed yesterday’s news alert, Bacardi, the seventh-largest spirits player in the U.S. by volume at 15 million cases, according to Impact Databank, has officially announced its partnership ...

Illinois reported $1.5 billion in medical and adult-use cannabis sales across the state’s more than 200 medical and recreational dispensaries for its fiscal year ended June 30, a 22% drop compared to ...

A trio of RNDC divestitures has been approved by a U.S. Bankruptcy Court judge in Texas as the former second-largest wine and spirits distributor in the U.S. continues to wind down. The previously ...

Wine Spectator’s Critics’ Choice Grand Tasting changes every year—the two nights at the New York Wine Experience feature an evolving roster of world-class wineries and one-of-a-kind wines. But there ...