Alcohol Sales up in Virginia; ABC Sees Record Profit
Virginians bought more alcohol in the state's beverage control stores and restaurants as the state agency saw a record profit in the last fiscal year.
The Virginia Department of Alcoholic Beverage Control's most recent annual report says it has seen retail sales increase to record-breaking levels consecutively for the past 13 years, even as discussions continue about privatizing the state's liquor stores. It saw a profit of $121 million in the last fiscal year.
Gross wholesale and retail sales increased 2.5% to nearly $693 million for the fiscal year that ended June 30. That translates to nearly 10 million gallons of wine, spirits and nonalcoholic mixers.
Sunday store sales increased nearly 10%. Sales to restaurants increased about 3%, compared with a 2.5% decline in the previous year.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. By MICHAEL FELBERBAUM AP Business Writer