{"id":219655,"date":"2025-05-02T21:57:25","date_gmt":"2025-05-02T21:57:25","guid":{"rendered":"https:\/\/peraltafinancing.com\/alcohol\/exclusive-news-and-research-on-the-wine-spirits-and-beer-business-111\/"},"modified":"2025-05-02T21:57:25","modified_gmt":"2025-05-02T21:57:25","slug":"exclusive-news-and-research-on-the-wine-spirits-and-beer-business-111","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=219655","title":{"rendered":"Exclusive news and research on the wine, spirits and beer business"},"content":{"rendered":"


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$2 Billion Retail Powerhouse Spec\u2019s Surfs Changing Trends In Texas Market<\/h2>\n

\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tMay 2, 2025<\/a><\/span><\/p>\n

The Lone Star State is home to many large drinks retailers, but few have the scope and scale of Spec\u2019s Wines, Spirits & Finer Foods. What started as a small family shop in Houston in 1962 has grown into a beverage behemoth of 216 stores and $2 billion in annual revenue. The business was started by Carroll \u201cSpec\u201d Jackson, and today his family\u2019s fourth generation is joining the fold.<\/p>\n

Though they\u2019re all within the borders of Texas, Spec\u2019s stores span a huge geographical area. The company has units in the state\u2019s major cities\u2014Houston, Austin, Dallas, and San Antonio\u2014and also in markets like El Paso, Killeen, and Lubbock. Because Texas state laws prohibit beverage retailers from transporting products across county lines, Spec\u2019s operations also include a network of distribution centers around the state.<\/p>\n

\u201cSpec started the business with the idea of giving customers a wide choice of items in all sizes and at fair prices, and he started with very little money in one small store,\u201d says president and owner John Rydman, who married Spec Jackson\u2019s daughter Lindy in 1971. Today, he says, \u201cwe\u2019re doing well despite the lower customer counts and smaller purchases.\u201d<\/p>\n

Market Watch named Spec Jackson a Leader in its inaugural class of 1984. John and Lindy Rydman followed as Leaders in 1994 and elevated the store\u2019s profile by being named Retailers of the Year in 1998, and they\u2019ve also received awards for Community Service and Best Merchandising in 2012 and 2010, respectively. Their daughter Lisa Rydman-Lindsey was named a Market Watch Leader in 2016.<\/p>\n

Spec\u2019s stores range from 5,000 to 50,000 square feet and none of them are the same. \u201cThe product mix between spirits, wine, and beer changes based on the store size, demographics, and our vision for each location,\u201d says lead spirits buyer Chris Detmore. Spirits dominate at 70% of total sales across the chain, followed by wine at 13%, beer at 8%, and food and non-alcohol items at 9%.<\/p>\n

Rydman embraced wine early in his retail career, and he expanded Spec\u2019s wine department from just 19 labels in 1972 to more than 15,000 today. Director of operations Steve Moore says sweet whites and reds are doing well, and that Provence-style roses also have a dedicated following. Overall, value-priced wines for less than $10 a 750-ml. are moving fastest, while wine-based RTD cocktails like Mimosas and Margaritas are also popular.<\/p>\n

The chain\u2019s top-performing wine brands range from Kendall-Jackson Vintner\u2019s Reserve Chardonnay ($11) and Oyster Bay Sauvignon Blanc ($10) to Meiomi Pinot Noir ($17) and Josh Cellars Cabernet Sauvignon ($11). In addition, La Marca Prosecco ($14), Highway 12 Cabernet Sauvignon ($17), and La Crema Sonoma Coast Chardonnay ($16) are doing well.<\/p>\n

In spirits, Detmore says boutique Bourbons, premium Tequilas, and spirits-based RTDs are dominant at Spec\u2019s. Rising Tequila brands include El Tequile\u00f1o, Don Julio, and Lalo, while Buffalo Trace is showing significant growth for Bourbon, and spirits-based RTDs like High Noon, Finnish Long Drink, and Jack Daniel\u2019s & Coca Cola remain robust.<\/p>\n

Of course, national powerhouses like Tito\u2019s vodka ($32 a 1.75-liter; $18 a 750-ml.) and Svedka vodka ($17 a 1.75-liter) are strong performers, as are such whiskies as Jack Daniel\u2019s black label ($39), Jim Beam ($23), Jameson ($26 a 750-ml.; $49 a 1.75-liter), and Crown Royal ($24-$27 a 750-ml., depending on the flavor).<\/p>\n

\u201cThere have been some shifts from super-premium Tequilas to more affordable brands in the additive-free space, as well as a surge in reposado Tequilas,\u201d Detmore says. \u201cBourbons, especially established well-known brands, are picking up steam and holding their own. The Buzzballz line has also become very popular, and another category doing well is flavored whiskey.\u201d Detmore adds that THC seltzers, while still new in Texas, are also showing promise, and he expects flavored Tequilas to be an up-and-coming growth category as well.\u2014Laura Pelner<\/em><\/p>\n

Subscribe to Shanken News Daily\u2019s Email Newsletter, delivered to your inbox each morning.
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GET YOUR FIRST LOOK AT 2024 PROJECTIONS FOR THE WINE AND SPIRITS INDUSTRIES. ORDER YOUR 2024 IMPACT DATABANK REPORTS<\/span>. CLICK HERE.<\/a><\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"

$2 Billion Retail Powerhouse Spec\u2019s Surfs Changing Trends In Texas Market May 2, 2025 The Lone Star State is home to many large drinks retailers, but few have the scope and scale of Spec\u2019s Wines, Spirits & Finer Foods. What started as a small family shop in Houston in 1962 has grown into a beverage […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12029],"tags":[3171,907,1305,1820,10113,16238,9182],"dealstore":[],"offerexpiration":[],"class_list":["post-219655","post","type-post","status-publish","format-standard","hentry","category-alcohol","tag-beer","tag-business","tag-exclusive","tag-news","tag-research","tag-spirits","tag-wine"],"yoast_head":"\nExclusive news and research on the wine, spirits and beer business - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=219655\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Exclusive news and research on the wine, spirits and beer business - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"$2 Billion Retail Powerhouse Spec\u2019s Surfs Changing Trends In Texas Market May 2, 2025 The Lone Star State is home to many large drinks retailers, but few have the scope and scale of Spec\u2019s Wines, Spirits & Finer Foods. 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