-
Wine Jobs
Assistant Manager
Assistant Cider Maker
Viticulture and Enology...
-
Wine Country Real Estates
-
Wine Barrels & Equipment
Wanted surplus/ excess tin...
Winery Liquidation Auction...
ktm Troxler Bottling Unit...
-
Grapes & Bulk Wines
2022 CS Lake County
2021 CS
2023 CS Grapes Lake County
-
Supplies & Chemicals
Planting supplies
Stagg Jr. Bourbon - Batch 12
-
Wine Services
Wanted all types of...
RH241
Fast Online Alcohol...
-
World Marketplace
Rare Opportunity - Own your...
- Wine Jobs UK
- DCS Farms LLC
- ENOPROEKT LTD
- Liquor Stars
- Stone Hill Wine Co Inc
Highs and (Rare) Lows in Restaurant Wine Prices
Jun 22, 2013
(WSJ) - Good restaurants have a lot of costs to cover when they're pricing their wines, but some restaurateurs seem to take it too far. Lettie Teague on how to tell when you're overpaying.
ALTHOUGH I'LL ADMIT I'm particularly (perhaps even preternaturally) sensitive to restaurant wine prices, it seems as if they've gone up a lot lately—even more than they have in retail wine shops. Are restaurant wine directors actually paying more for their wines, or are they just taking higher markups? According to Chuck Ellis, president of the Newton, Mass.-based research group Restaurant Sciences, it's actually a bit of both.
Restaurant wine prices for the same wines are definitely higher overall, said Mr. Ellis in a recent phone call, and the reason is "a mix of higher wholesale prices and higher margins." Restaurant Sciences tracks thousands of wine, beer and liquor brands across tens of thousands of restaurants, nightclubs and bars in the U.S. and Canada, and in the past six months, the company's researchers found an "absolute increase" in wine markups.
Comments: