businesspress24.com - / CORRECTION: Restaurant Sciences Reports On-Premise Wine Sales Soar in May 2013
 

/ CORRECTION: Restaurant Sciences Reports On-Premise Wine Sales Soar in May 2013

ID: 1245000

(firmenpresse) - NEWTON, MA -- (Marketwired) -- 07/12/13 -- In the news release, "Restaurant Sciences Reports On-Premise Wine Sales Soar in May 2013," issued earlier today by Restaurant Sciences, we are advised by the company that the sub headline should read "May 2013 On-Premise Wine Sales Estimated at $1 Billion" rather than "May 2013 On-Premise Wine Sales Topped $4 Billion" as originally issued. In addition, the first paragraph stated that May sales "surpassed $4 billion." This should have stated that sales "were estimated at $1 billion." Complete corrected text follows:

Restaurant Sciences Reports On-Premise Wine Sales Soar In May 2013

May 2013 On-Premise Wine Sales Estimated at $1 Billion

NEWTON, MA -- July 12, 2013 -- , an independent firm that closely tracks food and beverage product sales throughout the foodservice industry in North America, unveiled that May on-premise wine sales were estimated at $1 billion.

Annually, May is the top month for On-Premise wine sales, with 6 percent more volume sales compared to an average month. Even with the strong sales in May, 2013 has showed wine case sales ranging from flat to slightly up compared to 2012 wine case sales.

"Once again, May proved to be a banner month for on-premise wine sales with Cinco de Mayo, Mother's Day and graduations contributing to the top month in wine volume sales," said Chuck Ellis, CEO and president of Restaurant Sciences. "As consumers shift to white wines for spring, Chardonnay sales continue to grow and are outselling the top red varietal, Cabernet Sauvignon, by 4.1 share points in May 2013."

The top varietals for May include Chardonnay, Cabernet Sauvignon and Pinot Grigio with volume market shares of 11.1 percent, 7 percent and 5.8 percent respectively.



Restaurant Sciences is the premier provider of syndicated data and insights on food and beverage consumption in restaurants, bars, nightclubs and other foodservice establishments. The company delivers market share, market basket, competitive analysis, pricing, promotional, trend, segmentation and custom analytics to food and beverage manufacturers and distributors, as well as to restaurant companies. Restaurant Sciences transforms guest check-level sales information into detailed data and insights across all segments of the foodservice landscape in the United States and Canada. Insights are delivered online through their business intelligence tool or through custom analytics.





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Contact:
Marianne Sabella Dempsey
CPRM
508-435-2020


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Bereitgestellt von Benutzer: Marketwired
Datum: 12.07.2013 - 14:15 Uhr
Sprache: Deutsch
News-ID 1245000
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