Why your holiday booze costs more this year скачать в хорошем качестве

Why your holiday booze costs more this year

At Bob’s Market in Santa Monica, liquor and wine buyer Rick Rosenbloom hefted a 750-milliliter bottle of Veuve Clicquot Brut, one of the store’s most popular brands of Champagne.“A month ago, this was selling for $52 a bottle, ” Rosenbloom said Wednesday. “Today, it’s $69. 99, and we’re losing money on it. ”It’s not your imagination. Supply-chain problems as well as higher energy and material costs mean that traditional year-end holiday liquor runs are putting a much bigger dent in your wallet than in 2020. And that’s if you’re lucky enough to find your favorite libations. Empty shelves are common for the most popular brands of wine, beer and spirits, with alcoholic beverages running about 11% out of stock in U. S. stores as of Nov. 28, according to data provider IRI Worldwide. Alcohol demand has been strong since the COVID-19 pandemic began, and prices have risen, although competition has kept a lid on sticker shock, industry experts say. In November, consumers paid nearly 1% more for alcoholic beverages than a year earlier, according to Labor Department data released Friday. Overall, the consumer price index jumped a higher-than-expected 6. 8% from November 2020, the highest annual inflation rate since 1982, mainly because of food, energy and housing. But people who make and import wine, beer and other beverages report that material shortages and rising costs mean more price increases probably are on the way.“Right now, nobody wants to raise their prices. We have not raised our prices. The trend has been absorb this as long as possible, ” said Ryan Friesen, head distiller for the Blinking Owl Distillery in Santa Ana, which uses California organic grain to make its products, including vodka, gin, whiskey and aquavit.“That will come to an end. It has to, ” said Friesen, vice president of the California Artisanal Distillers Guild. “If we’re absorbing an extra — and I’m not kidding — 100% increase in our freight costs, for example, we can’t take that hit forever. ”Friesen’s advice: “Get your spirits while you can because prices are going to have to go up. ”It’s even been a challenge for industry veterans such as Rosenbloom, 66. He handles all alcoholic beverage stocking for his 89-year-old father, Bob, who opened the independent store in 1965. Rick Rosenbloom is like that neighborhood guy who always knows when it’s about to rain before anyone else does. When it comes to supply problems or increased costs, Rosenbloom said, “I can smell it coming, ” which helped theOcean Park-area market stock up to avoid the worst of the year-end crunch. The litany of problems driving price increases has become familiar: A snarled supply chain causing delays and boosting shipping rates, higher fuel expenses and other costs and shortages of bottles, cans and other materials. All data is taken from the source: http://latimes.com Article Link: https://www.latimes.com/business/stor... #costs #newstv #kingworldnews #bbcworldnewstoday #newstodaydonaldtrump #newstodayworld #