Beverage Dynamics

Beverage Dynamics Nov-Dec 2014

Beverage Dynamics is the largest national business magazine devoted exclusively to the needs of off-premise beverage alcohol retailers, from single liquor stores to big box chains, through coverage of the latest trends in wine, beer and spirits.

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18 Beverage Dynamics • November/December 2014 www.beveragedynamics.com [ RETAIL PROFILE ] his son at the helm. What has it been like working without his father by his side? "It's strange not seeing him every day, though I still see him all the time outside of work," Dinsmore admits. "One of the greatest honors of my life has been the opportunity to work alongside my father for so long. We were able to make up for so much time that was lost when I was younger and he was working in the corporate world, when I didn't get to see him as much." Mat's mother is now a partner in the business as well, but Mat is the one assuming the patriarch role at work: he enlists in the help of his seven-year-old daughter, Olivia, to assist him at the store. "She drives a hard bargain, charg- ing Wilbur's $6 per Sunday worked," he reports jokingly. So what's next for Wilbur's? Per Dins- more, there aren't any big company changes looming on the horizon. His business philosophy has always been to constantly maintain and improve things as needed, by keeping the space clean and always moving to the next painting or repair project on the list. "That way you're never hit with a necessary million-dollar over- load later down the road," he explains. Instead of being focused on making any big changes to his busi- ness, Dinsmore is more interested in how the evolving landscape of the state of Colorado will ultimately affect the liquor industry in general. A member of the Wine and Spirits Guild of America, Dinsmore also sits on the American Beverage Licensees board. At all of his association meetings, Dins- more says that the main focus is on one topic: that in January 2014, Colo- rado became one of the fi rst states in the nation to legalize the retail sale of recreational marijuana. What does that have to do with the beverage alcohol industry? Quite a lot. "Alcohol now has competition for basically the fi rst time ever," Dinsmore says. "People may be changing the way they choose to spend their extra money. Marijuana has been around for a long time, but is was illegal and taboo. Now it isn't illegal, and it's readily accessible." Dinsmore says that Colorado will need to wait and see how the legalization of recreational marijuana ultimately affects the liquor industry. In the meantime, he's focusing on what he does best: con- tinuing to make Wilbur's the premiere beverage destination for the residents of Fort Collins. BD On the liquor side, Wilbur's caters to a wide variety of products and price ranges, from 99-cent shooters to $5,000 bottles of Cognac. Vodka continues to be the category leader, but American whiskey and Bourbon continue to rise in sales over the past several years, thanks in part to the Mad Men-inspired classic cocktail craze.

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