Winc Offers More Than 100 Wine Choices with Subscription Service
Winc is the fastest growing U.S. wine company offering more than 100 wines to subscribers of its service. Alyssa Julya Smith sits down with Winc COO and Co-Founder Brian Smith to talk about some of the latest wine trends.
Brian explains that rosé is trending and will continue to be a huge trend in 2018. He says that some of the other interesting trends, include different varieties of wines and combining grapes that are not part of the normal wine list of selection.
Smith also explains that champagne is taking a backseat and many are interested in California sparkling wine as something that is more affordable for everyday consumption. He acknowledges that the millennial generation is open to breaking the rules on tradition and that includes boxed wine as well.
Ahead of the release of October's consumer inflation data Tuesday, you may notice changes from the Bureau of Labor Statistics. When it comes to how it estimates health insurance costs, the move is expected to give a boost to the U.S. inflation measure which will reverse a trend that has provided some relief.
A handful of retailers will report earnings this week, including Home Depot, Target, Walmart and Macy's, as gas prices peaked in September to the end of this latest quarter while borrowing costs remain at their highest levels in decades.
