Friday, September 11, 2015

Friday Grab Bag

Welcome to the weekend. Here's what's going on at Joe Canal's.

In-Store Events

As we discussed, both stores have their regular wine tastings this weekend. Starting next Friday, it's Customer Appreciation Weekend, three days and dozens of ways for us to thank you for making us New Jersey's leading wine, beer and spirits SuperStore.

Click here for information about events in Lawrenceville.

Click here for information about events in Woodbridge.

New Products

Robert Storey Napa Valley Cabernet Sauvignon. One of the top offerings of the year, do not miss this great Estate Napa Valley Cabernet Sauvignon from Burgess Triere Vineyard and their signature hillside estate on Howell Mountain. Napa Valleys Burgess is one of our most requested Cabernets and this wine from their Estate Vineyards and a great vintage is one of the most incredible offerings yet from wine industry icon Robert Storey.

Only $24.96 in the Bottle Club® for a Napa Valley Cabernet.


Ripped from the Headlines

Heineken has acquired a 50% stake in Lagunitas Brewing Company, one of the U.S. market’s biggest and fastest-growing craft brewers. According to Heineken, the deal—which is expected to close in the fourth quarter—will give the Dutch brewer a “strong foothold” in the craft brewing segment, while providing Lagunitas with the means to expand internationally. While the price wasn’t disclosed, last month Reuters reported that the Petaluma, California-based Lagunitas was exploring the sale of an equity stake that would value it at around $450 million.

Led by Impact “Hot Brand” Lagunitas IPA, Lagunitas is on pace to grow by nearly 50% this year, Tony Magee—who founded the craft brewer in 1993—recently told SND. Such progress would put Lagunitas around the 1-million-barrel threshold. Magee will continue as Lagunitas executive chairman.

With demand rising rapidly, Lagunitas has been in expansion mode of late. Little more than a year after opening a brewery in Chicago, Lagunitas—the sixth-largest craft brewer in the country, according to the Brewers Association—recently began building its third brewery, in Southern California.

Courtesy Shanken News Daily.

No comments:

Post a Comment