| Beverage Wholesaler - August 13, 2018 |
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It’s boom time for most brown spirits — but not Scotch.
The category is the rare whiskey/whisky that’s not rapidly rising in America. Overall, Scotch’s sales volume was down 1.5% in 2017 to 9.29 million 9-liter cases, according to data from the Beverage Information and Insights Group. Leading Scotch brands shrunk 2.4% to settle at 7.417 million cases in the U.S. last year.
Oddly, this comes after recent years of gradual growth for the category. Scotch reached a high-water mark of 9.432 million cases in the U.S. in 2016 — a gain of about 400,000 cases since 2015, and 800,000 since 2012.
What’s behind this sudden slowdown and decline?
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The Wine & Spirits Wholesalers of America (WSWA) recently set precedent by announcing support for states’ cannabis rights. The national trade association, representing the wholesale tier in wine and spirits, became the first and only alcohol association to take this position.
To learn more about the WSWA’s reasoning, we recently caught up with Dawson Hobbs, SVP of government affairs for WSWA.
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ONE MORE THING
The IRS has proposed a new provision that would allow pass-through businesses to aggregate income from related entities when calculating the new 20% tax deduction enacted as part of 2017’s tax bill. The National Beer Wholesalers Association’s Craig Purser released a statement supporting this new rule as one that would help family-owned businesses. |
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JOBS BOARD
Regional Finance Vice President
Wholesaler: Southern Glazer's Wine & Spirits
Location: FL-Miramar
Overview: Serves as the strategic business partner to the Regional President. Responsible for all aspects of the Finance, Accounting and Administrative activities across multiple states and operating models. Drivebusiness analysis and participate in the delivery of the financial and operational metrics that lead to insightful, accurate business decision-making.
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