Afternoon Brief: RNDC Court Filings Reveal Scale of Distributor’s Financial Collapse
Court documents filed following Republic National Distributing Company’s Chapter 11 bankruptcy have revealed more than US$400 million in unsecured debts and mounting financial pressures stretching back several years...
Afternoon Brief: Republic National Distributing Company and Reyes Beverage Group Announce Successful Closing of Transaction
The completed transaction includes the following markets: Arizona, Colorado, Florida, Louisiana, Maryland, Oklahoma, South Carolina, Texas, Virginia, and Washington, D.C. The transaction in Hawaii is still subject to receipt of certain remaining regulatory approvals...
Afternoon Brief: Columbia Distributing and Republic National Distributing Company Announce Letter of Intent
Columbia Distributing and Republic National Distributing Company (RNDC) today announced that they have entered into a non-binding letter of intent outlining proposed terms for Columbia to acquire certain wine and spirits distribution rights in Oregon and Washington...
Afternoon Brief: January Depletions Signal a Transitional Moment for Wine and Spirits
According to SipSource®, January depletions came in soft, with little change to the 12-month volume trend for either Wine or Spirits. While that may not inspire confidence at first glance, a deeper look at the three-month revenue trends reveals a more nuanced story—one defined by bifurcation...
Afternoon Brief: RNDC Says Reyes Will Buy It in Seven Markets
Less than one year after Republic National Distributing Company’s catastrophic collapse in California, VinePair has learned that the country’s second-largest wine and spirits wholesaler will sell a portion of its national operation to the country’s largest beer distributor: Reyes Beverage Group...
Afternoon Brief: RNDC Mourns the Passing of CEO & President Bob Hendrickson
Republic National Distributing Company (RNDC) today announced with deep sadness the passing of Bob Hendrickson, Interim Chief Executive Officer & President, on Friday, October 17...
Afternoon Brief: RNDC to 'Withdraw' from California by End of Summer
Republic National Distributing Company (RNDC), the countrys second-largest wine-and-spirits distributor will be departing the Golden State entirely at the beginning of September...
Afternoon Brief: Finally, Something Is Being Done to Bring Gen Z and Millennial Consumers to the Wine Industry
Enjoy Now Wines created a panel of twenty professional somms in the same age bracket of these demographic profiles (2144 years old) to get young people excited to try and enjoy wine now....
Afternoon Brief: Finally, Something Is Being Done to Bring Gen Z and Millennial Consumers to the Wine Industry
Enjoy Now Wines created a panel of twenty professional somms in the same age bracket of these demographic profiles (2144 years old) to get young people excited to try and enjoy wine now....