The Texas Alcoholic Beverage Commission recently filed a motion to dismiss a suit brought by Wal-Mart – a suit claiming that an “irrational” law is keeping the mega-retailer from selling distilled spirits in the Lone Star state.
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The beverage alcohol industry had a year that could best be described as transformational in 2014. Consumers' approaches to beverage alcohol have caused the industry to adapt to changing drinking habits. Consumers are no longer tied to one specific drink, as they now make their choice by type of occasion. According to the Beverage Information Group's Handbook Advance 2015, distilled spirits and wine both saw increases in consumption last year. The beer industry experienced declines, but had pockets of growth.
The hot debate in the world of bourbon right now is whether or not there is a “bourbon shortage” threatening to cut off supply from thirsty, whiskey-loving consumers across the United States. Is it time to stockpile that favorite brand before it’s too late—if it’s not already too late—or is the bourbon shortage just another case of media-inspired frenzy?
Trade associations representing both large and small distillers announced today they are uniting to advocate for legislation to reduce the federal excise tax on distilled spirits.
It has been more than 80 years since America ended its ill-fated experiment with prohibition. Yet the Texas Alcoholic Beverage Code is still littered with provisions that serve little purpose other than to constrain competition and favor entrenched interests.