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News Alert: Florida Retail Giant ABC Expands To Colorado With Applejack Acquisition
['M. Shanken Communications']
Shanken News Daily
News Alert: Florida Retail Giant ABC Expands To Colorado With Applejack AcquisitionFlorida retail giant ABC Fine Wine & Spirits is expanding out of the Sunshine State for the first time in its 90-year history, agreeing to acquire the three-store Applejack Wine & Spirits chain in Colorado.
“Applejack has an exceptional reputation in the industry and is an iconic beverage retailer in Colorado.
“ABC Fine Wine & Spirits understands what it means to build a business rooted in family values that connects with every community they serve,” said Shpall, who was Market Watch’s Retailer of the Year in 2024.
Spirits dominate total sales at nearly 44%, followed by wine at 39%, and beer at 16%, with the remaining 1% coming from miscellaneous items.
“The acquisition of Applejack represents a strategic step forward into more states while preserving the independent spirit that has defined both organizations,” ABC stated.–Daniel MarstellerTagged : ABC Fine Wine & Spirits, ApplejackGET YOUR FIRST LOOK AT 2025 ESTIMATES AND 2030 PROJECTIONS FOR THE WINE AND SPIRITS INDUSTRIES.