Top 10 US wine trends15th August, 2013 by db_staff
6. The impact of the recession has been greater on restaurants than on retail, but on-trade sales are recovering.
“As the economy has improved and unemployment declines, we see lots of evidence the restaurant consumer is coming back,” Cakebread says. “New restaurants are opening and the standbys are doing as well as ever.”
Plus a study by the Stonebridge Research Group reports in its key findings that the “sweet spot in on-premise is increasing to $65-85 [per bottle], with more movement above $100.”