For many Virginians, it looks like hard liquor isn’t considered discretionary spending. Sales at Virginia ABC stores are up 6.5 percent compared to the same period a year ago, according to fiscal year-to-date (July-November) sales figures from the Department of Alcoholic Beverage Control.
Virginia Department of Alcoholic Beverage Control
Another healthy shot to the booze industry
Turns out booze really is recession proof. Retail sales at ABC stores statewide were up 12.3 percent in October compared to the previous year. Sales to mixed beverage licensees (bar and restaurant owners) dipped in August by 5 percent from 2007. But the numbers leapt back up to a growth of 4.5% in September and… Read more »