Industry Analysis & Industry Trends
During the five years to 2014, the Wine, Beer and Liquor stores benefited from deregulation and growth in consumers' off-premise alcohol consumption. However, the ongoing state liberalization of liquor laws is intensifying competition from internal and external competitors. While some states offered additional alcohol retail licenses, which allowed more retailers to enter the industry, it also permitted external industries, such as supermarkets and wholesalers, to sell alcohol. As a result, deregulation has increased external competition, which has caused many operators to lower prices to remain competitive, thereby constraining revenue growth over the period... purchase to read more
Industry Report - Industry Locations Chapter
The industry is most concentrated in the heavily populated regions and cities of the Mid-Atlantic, which comprises 24.1% of total establishments and includes New York, which accounts for 8.3% of total establishments. Additionally, the Southeast and Great Lakes regions are heavily concentrated with industry establishments, and account for 18.0% and 15.6% of total establishments, respectively. Relatively large establishments, in terms of employment and revenue, tend to be located in the Mid-Atlantic region. Nonetheless, the industry is small business oriented, with about two-thirds of establishments employing fewer than four people.
The distribution of establishments is also affected by state regulation (see the Regulation and Policy section)... purchase to read more