Of course, it was a good time for everyone. (Albertsons sold 49 Florida stores to Publix in 2008.) But on the spirits side, we dominated the channels from the mid-1990s through the mid-2000s. Albertsons was relatively high-priced, though of course they’ve since sold half of their stores to Publix. They now have about 130, so we benefited from that. ![]() Walgreen’s was getting out of the beverage alcohol business across the country, and at one point they had around 340 stores in Florida. Jess: From the mid 1990s until around 2006, we kind of had it our way here in Florida, because the liquor channels were fairly weak. SND: Florida has been one of the hardest-hit states in the economic downturn. Shanken News Daily recently interviewed Charles Bailes, who is ABC’s chairman and CEO, and his brother Jess, who is executive vice president, to get an update on progress. According to reliable industry sources, total revenues of the privately held ABC reached approximately $475 million last year. Thirty ABC units will have been updated by this year’s holiday season. But ABC has since adapted to the new retail landscape with aggressive pricing and a massive modernization plan that includes a new store design concept. The 150-unit company dominated the Florida market until six years ago, when competition intensified from multi-state players like Total Wine & More and the Publix supermarket chain. ![]() Orlando, Florida-based ABC Fine Wine & Spirits is the largest independent beverage alcohol retailer in the state. ![]() Florida’s ABC Fine Wine And Spirits Adapts To Changing Landscape In Securing Future Growth July 29, 2011
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