Here’s how it affects NH liquor stores
As Texas liquor stores in New York City face shortages on their shelves, the New Hampshire Liquor Commission says its policies put the Granite State in a better position to meet demand for the upcoming holidays. in light of blockages in the supply chain.
“New Hampshire is luckier than other states because of the Liquor Commission ordering practices, our inventory needs and the capacity we have in our warehouse of over one million cases in Bow,” said declared New Hampshire Liquor Commission spokesperson for EJ Powers. âAll that being said, the supply chain issues are very real and will impact all liquor retailers across the country at some point, especially during the peak holiday season.â
Traditionally, winter vacations have conjured up times of festivities with loved ones and colleagues that include alcoholic beverages, sometimes to consume and other times to give as gifts to others, Powers said. In light of this, the Alcohol Commission offers advice to its clients.
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Don’t wait if it’s special
The commission recommends people buy their alcoholic products early, Powers said, especially premium and ultra-premium bourbons, single malt and aged scotches, specialty tequilas and some champagnes.
âIf you have something special that you want for yourself or to give as a gift, you should buy it ASAP,â Powers said.
But unlike other parts of the country, Powers said the New Hampshire Liquor Commission has no plans to ration its product sales or set quotas. Pennsylvania and Virginia recently instituted quotas on how much customers can buy at a time for certain popular brands.
Supply chain issues, which range from the ability of manufacturers to access raw materials, packaging, workers and fuel, to the ability to transport their product to wholesalers and retailers are causing problems everywhere, while the world is trying to take the pre-coronavirus pandemic back to standards. The additional cost of materials, aid, and gasoline, and the scarcity of trucks and carriers drive up the cost of products, from food and drink to electronics, automobiles and other commodities. first need.
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Demand for alcohol is high as supply issues hit
The supply chain problems come after a record sales milestone for the New Hampshire Liquor Commission. In May 2021, it announced the most successful year in its 87-year history, with sales reaching $ 765 million, an increase of 5% or $ 36.5 million from the previous year. It provided total net revenues of $ 155 million, money that the Granite State uses to cover the cost of running state programs.
The New Hampshire Liquor Commission is one of the main producers of state revenue. Fiscal 2021 brought the agency’s total net sales to more than $ 4 billion since it opened in 1934, according to the commission.
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The reasons for the increase in alcohol sales last year during the COVID-19 pandemic that kept people at home for months are unique in many ways, Powers said. While the commission expects a healthy revenue stream this year, it was realistic in projecting its results.
âWe expect a strong year this year,â said Powers, âbut not as strong as last year.â
Like other New Hampshire employers, Powers said the âHelp Wantedâ sign was out for workers at Liquor Commission retail outlets to join full-time and part-time agency employees.
âWe are really fortunate to have a wonderful and very capable staff among our 1,200 full and part time employees,â he said. “But we are struggling with all other retailers in the state, working hard to fully staff our outlets.”