Ohio Liquor Sales Near $1B, 7% above Fiscal 2014
COLUMBUS, Ohio – Revenues from he sale of liquors in Ohio were $982.34 million, 7% higher than in fiscal 2014, the Ohio Department of Commerce reported today.
The state of Ohio fiscal 2015 ended June 30.
Consumers both bought more liquor and chose higher-priced brands, Commerce Director Jacqueline T. Williams said, in explaining the higher revenues.
She offered two reasons:
- The value of each gallon sold rose to $76.20 from $74.00 fiscal 2014 to $76.20 per gallon.
- Sales in May and June were comparable to the winter holiday season that is traditionally the busiest.
The increase over fiscal 2014 sales occurred when the Division of Liquor Control began replacing its 40-year-old management system with a new system of inventory control.
“To accomplish this level of service to our customers and growth in revenue at the same time we are facing the challenges of moving to a new computer management system is a credit to the hard work of our partners at the liquor agency stores, our suppliers and our staff,” Williams said in a prepared statement.
The new system will eventually improve the ability of Liquor Control to respond to the specific needs of the 467 liquor agency stores throughout Ohio, Williams said, a system “scheduled to be fully operational next year.
SOURCE: Ohio Department of Commerce.
Copyright 2017 The Business Journal, Youngstown, Ohio.
Published by The Business Journal, Youngstown, Ohio.
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