Total Wine
www.totalwine.com
Massive wine stores. They remind me of a Wal-Mart, but one that only sells wine.
They use mass buying power to get lower prices.
Each store carries approximately 8,000 different types of wine, 2,000 types of spirits (where permitted by law) and 1,000 different beers.
They buy in volumes, sell individually
buy in bulk, and get discount from manufacturer because they purchase quantities.
Then, sell them individually to consumers
make money on the "spread" - the difference in price of buying in bulk & selling individually
high turnover, low profit margin ( see financial statement analysis for more discussion about turnover)
From their website:
In 1991 brothers David and Robert Trone opened two wine stores in Delaware. Today Total Wine & More is the largest independent fine wine retailer in the country and is the only major fine wine company to operate in multiple states. As the preeminent fine wine store in each of its markets, Total Wine & More is the leading nonsupermarket seller of fine wine in the United States.
Total Wine & More is committed to having the best wine selection with an emphasis on fine wines. Our unique model sets us apart from many retailers within the United States who specialize in one geographic area or price category. Each of our stores carries a selection of more than 8,000 different wines from every wine-producing region in the world.
Whether you are new to the world of wine or a great wine enthusiast, Total Wine & More is dedicated to bringing you the best wines from around the world at the lowest possible prices
Did you know?
- Total Wine & More currently owns and operates stores in seven states with many new stores to come
- Our stores range from 9,000 to 50,000 square feet
- We have 800+ Team Members, including 300 wine professionals to assist customers.
- Our strong focus on imported wine represents 45% of wine sales.
- Total Wine & More offers an extensive selection of over 8,000 types of wine.
- We sell over 24 million bottles of wine each year; that's about 2 million 12-bottle cases of wine.
- Total Wine & More is America's largest independent fine wine retailer, currently the only group of major fine wine stores operating in multiple states.
- Unlike most wine retailers who focus on one geographical region or one price category, Total Wine & More is committed to having the best wine selection in all markets with an emphasis on fine wine.
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