Tag Archives: CNOOC Limited

• U.S. consumers venturing out more to drink at bars & restaurants

U.S. consumers venturing out more to drink at bars & restaurants

Top executives at liquor maker Brown-Forman Corp. are pointing to signs that U.S. consumers are becoming more willing to venture out to drink at bars and restaurants — a crucial part of the spirits business that’s referred to as “on premise” consumption. The recession staggered those sales as more people stayed home and spent less. […]

• U.S. spirits market recovers slightly in 2010

US spirits volume up 2 pct in ’10; revenue up 2.3 pct * Super-premium drinks up 10.9 pct from a weak 2009 U.S. consumers started drinking more higher-end spirits last year, leading the industry to see signs of a fragile recovery. Liquor companies sold 190.7 million nine-liter cases in the United States in 2010, according […]