Eduardo Chadwick has helped his Chilean label, Vina Errazuriz, become one of the sales leaders in China as that country ramps up its wine imports, which increased 18% by value in 2017. "In the fine wine world, I think China for the next 10 years will be the only place to be," Chadwick said.
California's BevMo has been inviting frequent wine shoppers and rewards-program members to take part in blind taste tests. The results will prompt BevMo to stock about three-dozen new wines on its shelves.
Total Wine & More uses in-store video both to improve customer engagement and to keep staff members well-informed and engaged, says John Jordan, senior vice president. The company wants employees to be knowledgeable and passionate about what they're selling, Jordan said.
Two months after opening its Amazon Go concept store in Seattle, Amazon is reporting that the location is seeing many repeat customers, proving its popularity among consumers on the go. Popular items in the store include chicken sandwiches, fresh fruit and meal kits, Amazon Vice President Gianna Puerini said.
Henkell, the sparkling wine branch of Oetker Group, has reached a deal to acquire a majority stake in Spain's Freixenet. The deal, valued at about $270 million, will have to be approved by antitrust regulators.
One way to better focus your business and strategic efforts is to ask employees how current efforts are going and what you can do better to help them succeed, writes Art Petty. Another way to bring in feedback is by developing a leadership charter that clearly states how you will lead others.
US grocers are failing to modify their businesses sufficiently to prosper from e-commerce, said Tim Steiner, founder and CEO of the UK's Ocado. Steiner's company is using huge, high-tech warehouses and a hub-and-spoke system to offer more efficient and profitable deliveries instead of the click-and-collect or crowdsourced delivery models popular in the US, he said.
Indiana's LiqGo is buying out three liquor stores in the northwest part of the state. It already operates eight locations across Indiana and will convert the three acquired stores to its brand.
Italians Gabriele Rausse and Gianni Zonin were told repeatedly in the 1970s that their efforts to make wine in Virginia were doomed. But they discovered the right way to graft their European vines, and Virginia's wine breakthrough was launched.
Officials in the Sichuan province of southwest China are hoping to make it the country's apex for high-altitude winemaking. Neighboring Yunnan province is home to about 20 wineries, including one that has the backing of international conglomerate LVMH.