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Wine Drinkers Save Big
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Wine Drinkers Save Big

With the changing climate, the warmer weather in the grape growing regions of the US have produced a much higher yield of grapes.

An oversupply of grapes will cause prices to fall and this is great news for the wine consumers. Here is the bad news – millennials do not appear to be enjoying wine as much as baby boomers. Economists expect higher crop yields coupled with lower millennial demand will keep prices low for the next 3 years – in fact, the lowest they have been in 20 years.

The takeaway is great tasting wines are about to get cheaper.

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For convenience stores who have the opportunity to sell wine, this might be the perfect opportunity to reassess your category lineup – answering the fundamental question what are you not selling that your customers are buying elsewhere.

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