Charles Herington

This study sheds light on the evolving consumer drinking habits over the past four years post-COVID-19. The research highlights the profound influence of health and wellness concerns on altering drinking behaviors across all age groups. For more cohort-specific insights, check out the study here: https://lnkd.in/gJ5ED32f

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Maximize Bar Revenue with the Best Tequilas of 2024: An Essential Guide for Bartenders. Tequila has become one of the most-wanted spirits globally, with 24% of consumers interested in the Mexican beverage. This trend underscores the necessity for bartenders to understand and stock premium Tequilas to meet customer preferences and drive sales. By becoming knowledgeable about new award-winning Tequilas, bartenders can augment sales and profits. Staying updated on award-winning Tequila brands allows bartenders to innovate and refresh their cocktail menus, maintaining consumer interest and leveraging the appeal of premium products. This not only justifies higher price points but also enhances profit margins without deterring customers. Moreover, being knowledgeable about new Tequilas can help bartenders negotiate better deals with suppliers. Discovering high-quality, cost-effective alternatives can significantly impact pricing strategies and overall bar profitability.

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I've written about private brands before, but in my recent blog I explore how Latino consumers approach buying private brands and how retailers truly can differentiate themselves with thoughtful and tailored products focused on the community. I touch briefly on H-E-B's Mi Tienda brand, a local favorite among Texas shoppers that authentically and intentionally elevates the best in Mexican cuisine and beyond. This is the first blog featuring insights from my US Hispanic Pulse Tracker. Give me a follow here on LinkedIn if you want to keep up to date on the most recent findings, or reach out directly if you want to learn more about how to capitalize on this unique collaborative survey offer. #PrivateLabel #RetailStrategy #ConsumerTrends #HispanicConsumers #BrandLoyalty #ProductInnovation #RetailMarketing #ValueProposition #StoreBrands #USLatinoMarket #LatinaFounder #HispanicHeritageMonth

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Performance has been particularly challenging in the U.S. wine and spirits industry since the post-pandemic “normalization”. But the headwinds impacting distillers and winemakers are not transitory; rather, they are grounded in structural shifts in consumer attitudes and behaviors that are here to stay. The financial challenges across the industry are real, and the time to act is now. In this article, our AlixPartners beverage sector experts discuss why wine and spirits companies should embrace (or enhance existing) financial fitness programs. We also discuss how to do it, in an effective way, while being sensitive to the company’s culture, heritage, image, and market position. #wine #spirits #alixpartners

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From Global to Local, exploring how importers drive new trends in the US wine and spirits market. The US wine and spirits industry has undergone significant transformation over the past few decades, influenced by changing consumer preferences, cultural trends, and global market dynamics. Through their efforts, American consumers are exposed to a broader spectrum of tastes and traditions from around the world. In this article, we will explore the pivotal role importers play in influencing wine and spirits trends in the US, understanding how importers identify emerging trends, navigate regulatory challenges, and build partnerships with international producers.

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