Why are Gen Z and Millennials moving away from drinking wine?
Summary by Brisbane Times
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The VinePair Podcast: Wine Demand Is Down. What Happens Now?
Earlier this week, Meininger’s International published a piece titled “Wine Inventory Tightens Across the US” which demonstrates a decline in the volume of wine SKUs at bottle shops and restaurants. Distinct from the de-stocking trend — which saw retailers clearing inventory by only reordering the minimum amount required — this current phenomenon involves a consolidation of selections in order for retailers to better harness their purchasing pow…
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