Monday, June 27, 2016
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By Mary Mesaglio Gartner, Inc. CIOs, it turns out, are trying out a variety of digital innovation techniques in their organizations — with varying results. The Gartner 2016 CIO Survey of nearly 3,000 CIOs revealed that the least-used digital innovation practices actually correlate to the highest digital return. For example, while agile [...]

Mon, 27 Jun 2016 14:24:00 -0500

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Mon, 27 Jun 2016 13:00:00 -0500

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Mon, 27 Jun 2016 12:00:00 -0500

Last week, the GOP kept a promise to the American people by delivering a replacement plan for Obamacare. And you know what? It's good.

Mon, 27 Jun 2016 12:00:00 -0500

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Mon, 27 Jun 2016 10:41:00 -0500

Chinese President Xi Jinping, left, and Russian President Vladimir Putin review an honor guard during a welcoming ceremony at the Great Hall of the People in Beijing, Saturday, June 25, 2016. (AP Photo/Mark Schiefelbein) This may come as a surprise to most Americans, given the trillions of dollars in debt added [...]

Mon, 27 Jun 2016 10:00:00 -0500

The Czech tennis star has signed a second jewelry deal as she chases a third Wimbledon title.

Mon, 27 Jun 2016 03:49:00 -0500

'Game Of Thrones' finishes up Season 6 with one of the strongest episodes of the show so far.

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The Home Depot cofounder Bernard Marcus' endorsement of Donald Trump triggered an online drive to boycott the retailer. So far, there are no indications that it is having any effect.

Mon, 20 Jun 2016 14:23:00 -0500

Tennesseans have good cause to kick up their heels – and, this time, it’s not just within the confines of a Nashville honky-tonk. The Volunteer State success story has been unfolding over the years, and recent announcements out of the Tennessee Finance Department show the financial benefits of a well-informed, sound tax structure.

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Depressing Michigan Economy Driving Alcohol Sales
By David Najor :: Sunday, February 15, 2009 :: 17830 Views :: Article Rating :: Business & Finance

Michigan, USA – "They were buying a $10 bottle. Now they're buying a $6 bottle," said Mike Acho, owner of the Wine Cellar party store in Waterford. "People don't have the money. They're not working, but they still want the alcohol, so they buy the cheaper stuff."

Chaldean business leaders within the Merchants of Michigan association say the state is heading towards the cliff’s edge.  Michigan remains the worst state in country.  It has the highest unemployment rate in the country, a continually slumping economy and one of the highest foreclosure rates in the nation; experts say much of the increased drinking may be related to people trying to drown their sorrows. 

State records agree with the opinion sharing that more customers are choosing to drink at home instead of bars and restaurants.    Alcohol purchases nationwide have risen about 2%, total sales in Michigan have nearly doubled that, 3.5%, with residents of the Great Lakes State spending $895 million in 2007. The increase is in spite of a loss in the state's population of more than 46,000 people last year.

The state's Liquor Control Commission spokesman Ken Wozniak tells reporters that, “The 2008 numbers have not been compiled, but we can expect the increase to continue based on the data we're seeing so far."

The greatest increase in alcohol consumption in Michigan was in hard liquor, particularly vodka and whiskey, with residents purchasing -- and presumably consuming -- 282,270 more gallons than the year before.

Wine, too, is on the rise with an increase of 857,415 gallons purchased over the previous year. And people drank more mixed spirits, such as prepackaged rum drinks and wine coolers.

In contrast, beer consumption declined in keeping with a nationwide dip over the last several years that saw more drinkers gravitate toward trendy martini bars.

While beer still is the most popular alcoholic beverage -- Michiganders drank a whopping 204,239,944 gallons in 2007 -- it was a 1.8-million gallon decline over the year before, state officials said.
Bargain booze

And people appear to be shopping for bargains when it comes to stocking their home bars, opting for American brands over more expensive imports.

Blended American whiskey sales, for instance, increased -- though only 1% -- for the first time in 30 years, according to the Beverage Information Group, a Connecticut firm that tracks the industry. And American scotch brand sales increased for the first time in 20 years.

Chaldean convenient store owners are creatively working to help customers cope at risk of losing sales.  “Times are very bad in our state.  The mismanagement of our economy is very bad, but times will get better and customers who are trying to crawl into a bottle may not be able to crawl out when new leaders in Michigan makes things better,” says Karem Nafsu of Drive-In Liquor.  “I know my customers and their family.  Sometimes it takes someone like me that enough is enough, you have to go home and be with your family.”