Market Watch, March 1, 2017
mw Its said that you can see further by standing on the shoulders of giants and the story of Taub Family Cos offers evidence of that The groups president and CEO Marc Taub has shown great skill at navigating the waters of consolidation that confront every independent player In doing so hes strengthened by the lifes work of his father David and his grandfather Martin Taub Family Cos is currently in an expansion mode that has included the acquisition of Pasternak Wine Co from Domaines Barons de Rothschild and a significant push into the spirits sector Meanwhile the company has undertaken a restructuring that will lay the groundwork for more expansion in the future To get the story on todays Taub Family Cos check out our cover feature on page 26 At the retail tier in Colorado theres also plenty of change to navigate Previously retailers were allowed just one spirits license and grocery stores had none Last years legislative changes now allow major grocery stores to sell beer wine and spirits while also expanding license availability for traditional retailers The move is being phased in gradually over a number of years but it still represents a sea change in the market Colorado retailers are now mapping their future strategies Most major players will likely expand and some smaller players will probably sell In our story on page 36 we speak to the states top players about how it will all shake out Elsewhere in the issue we put the spotlight on vodka and find that despite some premiumization issues the category is still going strong And marketers both large and small are determined to drive vodka further upscale Theres a lot more Our Wine Files feature profiles California Pinot Noir and shows that this attractive consumer proposition is generating plenty of excitement Even after all these years California Pinot Noir is only just getting started in raising its profile among U S wine consumers Enjoy the issue Marvin R Shanken EDITORIAL On The Shoulders Of Giants MARCH 2017 MARKETW ATCHMAG COM MARKET WATCH 7
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