Top city for craft beer, the U.S. champagne market and much more!
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Sunshine Expo
July 29 - August 1, 2016
in Orlando, FL

North Carolina Restaurant & Lodging Association Expo
August 29 - 30, 2016
in Chicago, IL

National Beer Wholesalers Association 79th Annual Convention
September 25 - 28, 2016
in Chicago, IL

National Association of Convenience Stores Show
October 18 - 21, 2016
in Atlanta, GA

To view Fintech's full 2016 trade show schedule, click here.
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The Steel City, Stealing the Top Spot for Craft Beer

Searching for the best place in the US to get craft beer? Search no more! According to the latest Redfin report, Pittsburgh has been ranked as the top city in the United States for craft beer lovers

The report, which was carried out with the Beer Institute, lists the top 15 cities for craft beer lovers, with the criteria including: city’s beer taxes, active brewery permits, walkability and the number of breweries per 100,000 drinking-age adults.

Not planning a trip to the Steel City in the near future? Find out what other US cities made the Top 15, and plan accordingly!  

The U.S. Champagne Market is Bubbling Over

The United States has taken over the United Kingdom as top exporter of champagne, with the per-case value up 20% to over $334 last year. Last year, champagne shipments to the United States grew 28% to $573 million. This growth can be attributed to price hikes and an emphasis on higher-end products.

Moet Hennessey USA dominates the market with a combined 60% between its top products, Veuve Clicquot and Moet & Chandon. Other companies are ramping up advertising campaigns to increase sales, such as Ste. Michelle Wine Estates with its Nicolas Feuillatte product, which ranked fourth.

Wine Sales in the U.S. Continue to Climb

This year, the U.S. wine market is expected to add over 3.5 million cases this year. Wine consumption in the U.S. has grown 70% the past two decades, and it has held the title for largest wine-consuming nation since 2013.

For the eighth consecutive year, sparkling wine is expected to outperform table wines, claiming nearly 6% of the U.S. market this year. Chardonnay remains the largest-selling varietal wine, followed by Cabernet Sauvignon.

This will mark the ninth consecutive year that domestic table wines have outperformed imports. The wine market is expected to continue expanding, reaching over 344 million cases by 2020. 

Sculpture Hospitality Manages Inventory for Fintech Clients 

Fintech partner Sculpture Hospitality provides clients with comprehensive inventory management solutions to help them make better business decisions.

Through this partnership, Sculpture Hospitality clients not only receive the benefits of Sculpture's services, they also enjoy Fintech's OneSource® solution for their beverage alcohol purchases. This combination enables bar, restaurant, nightclub and hotel operators to streamline payments for alcohol, access valuable purchasing data and have 24-hour access to invoices.

FDA's Next Action on Defining "Natural" for Food Labeling Purposes Remains Unclear

By GrayRobinson Attorney Richard Blau, Esq.

In November 2015, the FDA sought public comments regarding the need for promulgation of regulations relating to the food and beverage industries’ use of the term “natural” on food labeling. After issuing a three-month extension, the public comment period closed on May 10, 2016.  Despite consumer preference for “natural” foods and mounting litigation over what this term means the Agency’s next steps are unclear.

To read this article in full, please visit GrayRobinson's website

Nashville-based Red Line Bar & Grill is home to great food - you have to try one of their gourmet burgers -  and drinks. Amazing live music such as country, brass and rock gets patrons dancing and ensuring they have a night to remember. 

"We are extremely pleased with Fintech. It's one of the best decisions I have ever made!"

Bob Ribe - Red Line Bar & Grill

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