Convenience stores selling wineWhat will the impact be for Andrew Peller with convenience stores selling wine?
With 4187 convenience stores having to stock inventory all at once I assume Peller should see an uptick in sales from just the inventory build. (Stocking shelves). Assuming they will have some content.
Any thoughts on how this will impact Andrew Peller both short term and long term? How will this impact their Wine Shops?
With the LCBO strike, addition of convenience stores I expect a draw down of inventory in this quarter. On the conference calls they gave the impression margins will improve as inventory turns over. These recent events should accelerate this if true.
Next quarter results will be interesting.