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Beers NewsAnheuser-Busch Profit Falls as U.S. Sales WeakenThe St. Louis-based brewer faces higher costs for energy and grains and a shift in U.S. consumer tastes toward wine, foreign beers and small-batch ?craft? beers.Read Full Article Supermarket giant under attack over call to ban cheap boozeTesco was branded as hypocritical last night over its call for a ban on the sale of cheap alcohol, after figures showed that it has slashed at least three times more from the price of leading beers, wines and spirits than its rivals in the past year.<br/> <br/> Research for <i>The Times</i> reveals that Britain’s biggest supermarket has cut an average of 10 per cent off the price of more than a dozen leading brands since February 2007.<br/> <br/> Over the same period the prices of the same products at J Sainsbury have fallen by 2.8 per cent and Asda’s have risen by 1.3 per cent.<br/> <br/> Despite urging Gordon Brown to introduce legislation to “ensure responsible pricing” yesterday, Tesco has reduced the price of a can of Carling lager to 54p and a 12-pack of Guinness by 30 per cent this week.<br/> <br/> Critics rounded on the supermarket giant, accusing it of being more concerned with grabbing headlines than taking action.<br/> <br/> Tesco’s call came after months of intense criticism of the supermarket sector for selling cut-price booze and failing to do enough to tackle underage and antisocial drinking. The resulting publicity is thought to have prompted the Morrisons chain to pull advertisements for discounts on beers and wines this weekend.<br/> <br/> Julian Le Grande, chairman of Health England, said: “For Tesco to cut prices to this extent, particularly in a world where you have an increasing threat from alcohol and the trend of binge drinking, and at the same time calling for a ban on cheap alcohol – there is an element of hypocrisy in that. For years many supermarkets have been cutting their prices at the same time as often claiming complete innocence, that they’re just doing what the consumer wants.”<br/> <br/> A spokesman for Alcohol Concern said: “It’s disappointing that the first major chain to acknowledge the contribution that loss-leading makes to alcohol harm is nevertheless the biggest discounter. Tesco got an awful lot of coverage for what they’ve said. These figures reinforce the need for robust government action if we are to see the end of deep discounting and all the harm that it can cause.”<br/> <br/> The Department of Health refused to comment. It had issued a statement yesterday from Dawn Primarolo, the Public Health Minister, praising Tesco for its move to “share their concern about the impact of cheap alcohol on the health of the public”.<br/> <br/> The Competition Commission revealed last autumn that all leading supermarkets, including Waitrose, regularly sell alcohol at below cost in an attempt to lure customers and boost sales.<br/> <br/> Between January 2005 and the World Cup in the summer of 2006, Britain’s nine biggest grocers generated 3 per cent of their total revenue from below-cost selling of alcohol and other goods, such as canned vegetables.<br/> <br/> Tesco is the first supermarket to break cover but said that it would not put its prices up unilaterally as its customers would simply shop elsewhere.<br/> <br/> It called instead for a mandatory price rise instigated by the Government.<br/> <br/> Sir Terry Leahy, Tesco chief executive, has already had a private meeting with the Prime Minister to discuss measures to tackle the rise in underage drinking.<br/> <br/> One industry insider said that Tesco’s move was a way of placing the problem of cut-price alcohol back in the Government’s lap.<br/> <br/> Another source said: “Tesco has been very cute. If anything it’s given them the perfect opportunity to show just how cheap their beer and wine is just ahead of the end of their financial year.”<br/> <br/> Tesco said that the figures compiled for <i>The Times</i> “miss the point of our announcement”.<br/> <br/> Lucy Neville-Rolfe, Tesco’s executive director for corporate and legal affairs, said: “We can’t put up our prices because people will simply shop elsewhere – it could be commercial suicide - and we can’t act together to put up prices because that would be against competition law. Supermarkets are not allowed to act together to put up prices because that would be bad for the consumer. The only safe solution is for the Government to initiate and lead these discussions and to bring forward legislative proposals which Tesco and others in our industry can support” she added.<br/> <br/> Andy Bond, the chief executive of Asda, is due to announce his chain’s own measures to counter underage drinking on Monday. These are expected to include a move to increase the number of IDs checked at the tills.Read Full Article De Beers loses its shine as diamond sales fallDe Beers, the diamond group, said that the worsening economic environment in the United States hit sales last year but growing demand from China, India and the Middle East was helping to keep the price of stones up.Read Full Article Anheuser-Busch Pushes the Big Beers for the Super BowlAnheuser-Busch, which buys more commercial time each year in the Super Bowl than any other marketer, is likely to run seven spots in Super Bowl XLII on Feb. 3, all of them for Budweiser or Bud Light.Read Full Article Ban on beer advert that appeals to childrenAdvertisements for two popular beers are to be banned after one was found to be misleading and the other was judged likely to appeal to children.Read Full Article External News for: beersBeer bars are blooming in Los Angeles - Los Angeles TimesLos Angeles TimesBeer bars are blooming in Los AngelesLos Angeles TimesBeer is the third-most-consumed liquid in the world (after water and tea), but not long ago it was still surprisingly hard to find a decent ...Beer bars are blooming in Los Angeles - Los Angeles TimesLos Angeles TimesBeer bars are blooming in Los AngelesLos Angeles TimesBeer is the third-most-consumed liquid in the world (after water and tea), but not long ago it was still surprisingly hard to find a decent ...Beers & Cutler to merge into Baker Tilly Virchow Krause - Washington Business JournalBeers & Cutler to merge into Baker Tilly Virchow KrauseWashington Business JournalBeers & Cutler PLLC, the third largest accounting firm based in the Washington area, is being bought by Baker Tilly Virchow Krause LLP. ...Baker Tilly Virchow Krause to merge with Virginia firmMilwaukee Journal SentinelBaker Tilly Virchow Krause to Merge with Beers + CutlerWebCPABaker Tilly Virchow Krause, LLP and Beers + Cutler Announce MergerPR-inside.com (press release)Wisconsin State Journalall 13 news articles »Beer bars are blooming in Los Angeles - Los Angeles TimesLos Angeles TimesBeer bars are blooming in Los AngelesLos Angeles TimesBeer is the third-most-consumed liquid in the world (after water and tea), but not long ago it was still surprisingly hard to find a decent ...Beers & Cutler to merge into Baker Tilly Virchow Krause - Washington Business JournalBeers & Cutler to merge into Baker Tilly Virchow KrauseWashington Business JournalBeers & Cutler PLLC, the third largest accounting firm based in the Washington area, is being bought by Baker Tilly Virchow Krause LLP. ...Baker Tilly Virchow Krause to merge with Virginia firmMilwaukee Journal SentinelBaker Tilly Virchow Krause to Merge with Beers + CutlerWebCPABaker Tilly Virchow Krause, LLP and Beers + Cutler Announce MergerPR-inside.com (press release)Wisconsin State Journalall 13 news articles »Beer bars are blooming in Los Angeles: Stout opens in Hollywood, Surly Goat to ... - Los Angeles TimesBeer bars are blooming in Los Angeles: Stout opens in Hollywood, Surly Goat to ...Los Angeles TimesYou can find plenty of places in Los Angeles to drink an apple cosmotini or an organic artisanal rosemary-and-mint mojito, but for craft beer Los Angeles ... |
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