Published February 17, 2017

Flat forecast for restaurant wine in 2017

A major wine industry lender predicts restaurant wine sales will be flat this year, but that doesn’t mean alcoholic beverage revenue will suffer. Patrons will still buy plenty of wine—but only after starting their evening with a craft beer or cocktail. A change in consumer drinking patterns is one reason for this no-growth scenario, but me-too wine lists aren’t helping the cause

Flat forecast for restaurant wine in 2017