Tag Archives: Costco

• Top Costco Executive Discusses Wine Business in Q&A

Top Costco Executive Discusses Wine Business in Q&A

Annette Alvarez-Peters is one of the most powerful people in the wine industry. She supervises the wine buyers for Costco Wholesale Corp., which sold $3.7 billion in alcohol around the world last year. The sway Costco carries in the industry from the vineyard to retail shelf is tremendous because many wineries want a shot at […]

• Rare bottle of scotch selling for $17,000, helloooo, at COSTCO!

Rare bottle of scotch selling for $17,000, helloooo, at COSTCO!

When you go to Costco, you think about buying things like cereal in bulk, gallons of milk, or huge tubs of peanut butter. But in one Arizona Costco, you can buy a $17,000 bottle of Macallan 60 Years Old Single Malt. According to MyFoxPhoenix.com, only 400 bottles of the rare aged scotch whisky were made, and […]

• Nine New Craft Distilleries to Watch in Washington State

Nine New Craft Distilleries to Watch in Washington State

Gird your liver—here are more local spirits for you to drink. Back in our December issue, we published a guide to the craft distilleries that have populated the state since Washington lawmakers created the craft distillery license in 2008. And since then, we’ve continued keeping a close eye on local spirits. With the transition from […]

• “Wine is no different than toilet paper”

“Wine is no different than toilet paper”

One of the most powerful wine buyers in the world, Annette Alvarez-Peters of Costco, has slammed wine as “just a beverage” and “no different than toilet paper.” Speaking in a CNBC news report this week, the director of wine buying for the world’s largest wine retailer said: “Is wine more special than clothing? Is it […]

• Voters kick Washington state out of liquor business

Voters kick Washington state out of liquor business

Next June, consumers in Washington state will be able to buy hard liquor at grocery and warehouse stores, including Costco. Beginning June 1, grocery stores in Washington will begin selling liquor. That’s the result of a $22.7 million voter campaign that Costco Wholesale led to kick the state out of the liquor business and allow […]

• Two sides in liquor battle raise a staggering $34M

Two sides in liquor battle raise a staggering $34M

Costco has dumped a startling $22.5 million into the ballot proposal that would open liquor sales in Washington to big retailers, and the new record for donations to a single ballot campaign is getting some attention. Foes of Initiative 1183 are using the big donations to say Costco is trying to buy the election. But […]

• Trader Joe’s Joins Costco as Big Donor to Liquor Initiative

Trader Joe’s Joins Costco as Big Donor to Liquor Initiative

Costco is no longer the sole donor to I-1183, the liquor privatization measure on this November’s ballot. The measure takes the state out of the liquor store business and allows large scale retailers—at least 10,000 square feet—to sell booze in exchange for 17 percent of their annual liquor revenue. Under the measure, the state would […]

• Washington State: Costco’s liquor initiative qualifies for the ballot

Washington State: Costco’s liquor initiative qualifies for the ballot

A ballot measure sponsored by Costco Wholesale Corp. that would privatize Washington state liquor stores will appear on the fall ballot. Secretary of State Sam Reed announced Wednesday that backers of Initiative 1183 gathered enough valid signatures for the measure to go to the voters. I-1183 would close state liquor stores and sell the assets, […]

• How To Start Your Very Own Liquor Brand

How To Start Your Very Own Liquor Brand

Have you ever wondered what it takes to start your own liquor brand? Needless to say, news of  reality star Bethenny Frankel selling her Skinny Girl margarita company for over $100 million and reports that Diddy’s Ciroc deal composes much of his net worth has certainly peaked the interest of many a budding entrepreneur. It […]

• China’s state liquor to open offices abroad

BEIJING: The producer of China’s official state liquor is planning to set up five offices overseas to promote the beverage and introduce a part of Chinese culture abroad. Yuan Renguo , chairman of the Kweichou Moutai liquor company, said his firm would open five offices over the next five years to introduce “Moutai culture” to […]

• Details of Costco’s Olympia liquor privatization push

As we reported yesterday, Costco is cueing up a liquor privatization bill in Olympia. We have since spoken with Costco about the proposal. The bill is similar to I-1100, the liquor initiative that failed last year, in that the three-tiered regulatory setup would be dismantled. For example, retailers could buy directly from distilleries and retailers […]

• Ever Wanted To Buy A Liquor Store? Here's 7 Steps To Buying One

Ever Wanted To Buy A Liquor Store? Here's 7 Steps To Buying One

Unlike many small businesses, due to strict regulations there are many steps that you must take before you can consider buying a liquor store for sale.  These seven steps will put you on the right track to buy a liquor store legally. Determine Your Eligibility The U.S. Department of Treasury’s Alcohol and Tobacco Trade Bureau […]

• Ballot Measures a Mixed Bag for ABC Privatization

Though ABC privatization wasn’t on the ballot in Virginia this week, election results in two other states bring a mix of good and bad news to supporters of Gov. McDonnell’s plan to end the state’s archaic liquor monopoly. First, the bad news from Washington State is that voters rejected two separate ballot measures that would […]

• Costco Battles For Cheaper Booze In Wash. State

Costco Battles For Cheaper Booze In Wash. State

A Washington state ballot measure that would change how alcoholic beverages are sold has produced some strange bedfellows. Firefighters and church groups have teamed up with beer distributors to fight a proposal that would do away with state-run liquor stores and eliminate price controls in the sale of wine and beer. If you want to […]

• Washington State: Booze Clues for the Two Liquor initiatives

The two liquor initiatives on the ballot are way more mysterious than they seem. Do you want to be able to buy Jack Daniels at the grocery store or not? It seems simple, but the two initiatives posing this question on the November ballot are more complex than they seem. Both initiatives — 1100 and […]