Tag: Underground Cellar
Afternoon Brief, December 8th
Additional Layoffs at Ste. Michelle Indicate On-Going Struggles: On December 6th, Ste. Michelle Wine Estates (SMWE), the largest winery in the Pacific Northwest, announced a substantial layoff. The layoffs impacted approximately 7% of the company’s staff...
Afternoon Brief, December 4th
Washington Winery Wants Answers as to Who Drained Thousands of Gallons of Wine Estimated at over $600K: Investigators have not made any arrests and have no suspect information...
Afternoon Brief, October 25th
Underground Cellars Saga Rumbles On: Legal wrangling in the case of the failed wine club hinges on who actually owns the wines involved...
Afternoon Brief, September 22nd
Underground Cellar Claws Out of Bankruptcy: The controversial retailer is making a move to bail itself out...
Afternoon Brief, May 5th
Big Duckhorn Winery Growth Plans Win Napa County Approval: Duckhorn Vineyards winery near St. Helena has secured Napa County approvals to construct more buildings, make more wine and host more guests...
Afternoon Brief, May 1st
Abrupt Closure of San Francisco Wine Startup Leaves Customers with Thousands of Bottles Stuck in ‘CloudCellar’: The offer was enticing: Pay $25 for a bottle of wine, and you might get upgraded to a bottle worth $100 or more. Better yet, the San Francisco tech company Underground Cellar promised: It would store your wine purchases — up to 500 bottles — for free in a “CloudCellar,” then ship them to you whenever you wanted...
Consumers’ Thirst for Wine Fuels the Storage and Cellaring Business
Increase in wine purchases means increase demands for wine storage solutions.
—Melanie Young
The wine storage business experienced a measurable uptick during the pandemic-induced, wine-buying boom....