The Fintech Blog
Your one-stop resource for the latest news and trends within the beverage alcohol industry.
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Colorado Off-Prem Beer Licensees Will Soon Be Able To Sell Wine
Colorado beer off-premises licensees will be able to begin selling wine starting March 31, 2023. Learn more about the legislative change and its impact here.
New Michigan Administrative Order Mandates EFT Payments for Beer & Wine Wholesale Transactions.
Big news! Last week, on January 19, the Michigan Liquor Control Commission issued ADMINISTRATIVE ORDER NO. 2023-01, requiring all wholesale beer and wine deliveries to retailers to be paid by electronic funds transfer (EFT). The requirement will go into effect...
Meet Your Next Best Employee – Fintech!
Staffing issues? Tell us about it! If your business is dealing with labor shortages, increased wages, and unreliable employees, it can be daunting to try and maintain a positive customer experience because you are bogged down with time-consuming manual tasks. A...
10 Years of Dry January and the Rise of Non-Alcoholic Options in the Bev Alc Space
Dry January is a popular phenomenon nationwide. Let’s examine how it came to be and how non-alcoholic products are performing in the bev alc market.
The Ever-Changing Alcohol Industry: 2022 Legislative Recap & 2023 Preview
Wendy Turk, Director of Regulatory Affairs at Fintech, offers her insights into the 2022 legislative recap with an eye toward 2023.
Alcohol Business Management Made Simple – The Benefits of Invoice Data Integration or Receiving an Invoice Data File
Alcohol businesses thrive with proper inventory and invoice management. These two procedures are important to help ensure your alcohol investment yields a positive return and keep your monthly P&L statements accurate and balanced. Maintaining these...
Thanksgiving Off-Prem Alcohol Sales Data from Fintech’s Competitive Market Analysis
With the holiday season here, alcohol suppliers and retailers need to be tuned into which products are moving off the shelves. Fintech’s competitive market analytics provide exclusive off-premises chain retail sales data from our alliance partnership with IRI so those in the alcohol business can keep an eye on both past and emerging trends
Recap of Brewbound Live Winter 2022
It was amazing to be in Santa Monica, CA for the Brewbound Live Winter 2022. What struck us the most is how engaged, open, and committed attendees were to connect and share their knowledge in a casual, yet supportive, atmosphere. This 2-day conference was full...
Did CO and MA Alcohol Initiatives Win in an “Alcohol Wave” on Election Night?
On Tuesday, Massachusetts voters were asked to vote for or against Question 3. A “yes” vote meant: Beer and wine would be allowed in up to 18 retail stores per licensee/company – an increase of 9 stores per licensee/company Beer, wine, and spirits would have been...
RTDs and Canned Cocktails Seeing Continued Market Growth
Fintech’s Competitive Market Analysis tracks performance data on RTDs and other canned cocktails. Our blog has more insights.
Breweries Fighting Against CO2 Shortage
Pandemic shutdowns and supply chain issues have created a CO2 shortage. This is a problem for breweries that rely on CO2 for beer production.
3 Alcohol Supplier Performance Metrics to Monitor
In today’s fragmented 3-tier alcohol distribution system, intuition alone does not help you quantify performance at a retail level. Peter Drucker once said: “You can’t measure what you can’t manage.” Yet we like to think of it more as “you can’t measure what...