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U.S. spirit exports plunge amid trade tensions
Youtube· 2025-10-06 16:56
Core Insights - American liquor exports experienced a 9% decline in the second quarter due to trade tensions affecting major markets [1] - The most significant drop was observed in Canada, where exports plummeted by 85%, despite the lifting of retaliatory tariffs [2] - Shipments to the UK and Japan also saw declines of over 23% each, while sales to the EU dropped by 12% [2][3] - These regions collectively account for 70% of the US liquor export market [3] - The whiskey sector is particularly impacted, with distillers facing record high inventories that have tripled since 2012, while domestic sales are stagnating [4] - The industry is calling for adjustments to trade policies to eliminate trade barriers, emphasizing the need for a zero-for-zero tariff environment [3] Industry Performance - The performance of the sector will be further evaluated with the upcoming earnings report from Constellation Brands [5]
U.S. spirit exports plunge amid trade tensions
CNBC Television· 2025-10-06 15:56
Back. New report from the Distilled Spirits Council of the US showing American liquor exports fell 9% in the second quarter of the year as trade tensions put pressure on some of the industry's biggest markets. Our Brandon Gomez breaks down the data.Brandon, I do wonder how much is tariff related and how much is just we're not drinking as much. Hey Sarah, yeah, that definitely comes into play as well in some of the data. It's look a hangover abroad for US spirits.The steepest drop we did see was in Canada wh ...
X @Forbes
Forbes· 2025-09-28 03:30
10 Affordable Whiskeys That Don’t Skimp On Flavor https://t.co/rD5ZPpLC8N https://t.co/zoBMeUFxx7 ...
5 HOBBIES That Will Make You RICH 💰
Mark Tilbury· 2025-09-27 10:28
Investment Opportunities - Engaging in golf can lead to million-dollar deals [1] - Skiing, despite the cost of lift passes, offers valuable connections [1] - Watch collecting can help individuals get noticed [1] - Tennis membership provides access to exclusive networks [1] - Wine tasting and whiskey appreciation can be beneficial [1]
X @Forbes
Forbes· 2025-09-04 22:10
10 Affordable Whiskeys That Don’t Skimp On Flavor https://t.co/Sma44xxeJh https://t.co/GhI2ant6Q2 ...
Ontario's premier pours out bottle of Crown Royal in protest
CNBC Television· 2025-09-03 20:02
Did you see this wild video out of Canada. >> You guys are about as dumb as a bag of hammers for doing this. So, you know something.I found a bottle and I don't even drink of crown oil, right. I see that crown oil. I saw it at home.So, this is what I think about crown oil. That's what they could do. And I think everyone else should do the same thing.You know something. I got to make this even come out quicker because it's not coming out. That is Ontario's premier Doug Ford dumping a bottle of Crown Royal, w ...
X @Forbes
Forbes· 2025-08-30 04:30
10 Affordable Whiskeys That Don’t Skimp On Flavor https://t.co/rD5ZPpLC8N https://t.co/zoBMeUFxx7 ...
X @Forbes
Forbes· 2025-08-25 23:50
10 Affordable Whiskeys That Don’t Skimp On Flavor https://t.co/yJymQLlFUR https://t.co/ABcBtBzdBL ...
电脑、服装等商品将因关税涨价,美媒:美消费者买单!
Xin Jing Bao· 2025-08-03 02:44
Group 1 - The core viewpoint is that U.S. consumers are facing significant price increases on various imported goods due to high tariffs imposed by the Trump administration, which will ultimately lead to higher costs for households [1][4][7] - The average effective tariff rate on imported goods in the U.S. has reached 18.3%, the highest level since 1934, which is expected to increase average household spending by $2,400 by 2025 [4] - The tariffs are projected to cause a short-term price increase of 18.2% on computers and electronic products, with long-term increases of 7.7% [1][4] Group 2 - Apparel and footwear prices are expected to rise significantly, with short-term increases of 40% for shoes and 38% for clothing, and long-term increases of 19% and 17%, respectively [1] - The tariffs on Swiss watches, which are currently set at 39%, could lead to a short-term price increase of 39.7% for these products [5] - The tariffs are anticipated to lower the U.S. GDP growth rate by 0.5 percentage points annually in 2025 and 2026, and increase the unemployment rate by 0.3 percentage points by the end of 2025 [4]
NRSInsights' March 2025 Retail Same-Store Sales Report
Newsfilter· 2025-04-07 13:23
Core Insights - NRSInsights reported a year-over-year increase in same-store sales of 2.3% for March 2025, down from a 3.5% increase in February 2025 [6][12] - The NRS retail network includes approximately 35,200 active terminals across 30,700 independent retailers, primarily serving urban consumers [2][18] Sales Performance - Same-store sales increased by 5.3% compared to February 2025, which had a 6.1% increase from January 2025 [7] - For the three months ending March 31, 2025, same-store sales rose by 2.9% compared to the same period last year [7] - Units sold increased by 2.4% year-over-year, with a 4.9% increase compared to February 2025 [7] - Average prices for the top 500 items purchased rose by 2.1% year-over-year, slightly lower than the 2.3% increase in February 2025 [7] Transaction Metrics - Baskets (transactions) per store increased by 0.2% year-over-year and by 6.2% compared to February 2025 [7] - The NRS network processed $2.0 billion in sales during March 2025, representing a 16% year-over-year increase [18] Category Performance - Strong sales were noted in categories such as Energy Beverages, Soft Drinks, and Modern Oral Smokeless Tobacco, while Chocolates and Gum also showed positive growth [12][13] - Categories with decreased sales included Beer, Whiskey, and Salty Snacks, with notable declines in Tortilla Chips and Potato Chips [14] Comparative Analysis - Over the past twelve months, the NRS network's three-month moving average same-store sales outperformed the U.S. Commerce Department's data by an average of 0.8% [10] - In March, the U.S. Commerce Department's three-month rolling average increase exceeded that of the NRS network by 0.8% [10]