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The UK's biggest chain of liquor stores goes into administration:

http://business.timesonline.co.uk/tol/bu...896128.ece

This group is as big nationwide as Bevmo is in California or almost as big as Binny's is in Chicago. It's what happens when you can buy a bad range of cheap wines and spirits in every supermarket.

Man, that's no joke. And they're not the only ones, they go right down the list in that article. Looks like it was very sudden, too:

“It is with great regret that the board was not able to brief our colleagues prior to it being made public”.


Another interesting update on the beverage market, including non-alcoholic:

http://www.foxbusiness.com/story/reportl...ks-market/