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 - Starting a New Business Chapter
Barriers to entry in the Beer, Wine and Liquor Stores industry include stringent state laws, competition and high initial costs. Additionally, state law requires industry operators to apply for licenses. In 18 states, the government is directly involved in the retail sale of liquor by operating through a small number of selected stores or through government-owned stores.
For example, the state of New Hampshire allows industry operators to purchase an unlimited number of licenses and permits 1,278 establishments to sell alcoholic beverages off-premises. However, annual fees range from $216 to $812 for industry operators to sell alcohol off-premises... purchase to read more