Diageo to Buy Premium Rum Brand Don Papa

[ad_1] The liquor giant has agreed to buy Don Papa Rum in a deal worth up to about $473 million. [ad_2] Source link

Shopper Rebellion Against Higher Prices Helps Slow Inflation

[ad_1] Listen to article (2 minutes) After pushing prices to new heights last year, some companies are starting to pull back. It could be another sign that inflation is starting…

Liquor Brands Bet Thrifty Drinkers Will Keep Making At-Home Cocktails

[ad_1] With inflation squeezing disposable incomes, distillers are doubling down on efforts they started during the pandemic to meet drinkers where they are. [ad_2] Source link

Beer Sales Drop as Consumers Balk at Higher Prices

[ad_1] Business U.S. demand for beer fell at the end of last year after a strong run of defying inflation [ad_2] Source link

The Huge Number of Small Breweries Creates a Beer Glut

[ad_1] By Mike Jordan Jan. 5, 2023 12:01 am ET Listen to article (2 minutes) The long-building craft-beer boom is showing signs of slowing down. Craft beer’s popularity has risen…

Economy Has Drinkers Choosing Prosecco Over Champagne

[ad_1] Sales of higher-priced liquor and wine are slowing after more than a decade of growth. [ad_2] Source link

Sure, You’ve Got a Wine Cellar. What About a Whiskey Lounge, or a Tequila-Tasting Room?

[ad_1] This week, The Wall Street Journal’s Mansion section is rolling out stories from our special food and wine issue. Check out stories like this one on chef Gavin Kaysen’s…