Beverage Dynamics

Beverage Dynamics Jan-Feb 2016

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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Page 42 of 71

BUSTER'S Family Tree "Buster" Hammond (Founder; Deceased) R.M. "Rommy" Hammond III (Co-Owner) Josh Hammond (President) Morgan Hammond (CEO) says. "Soon after, Buster was approached about opening a liquor store next door. The original Bust- er's store on South Bellevue has long been closed since we moved to a new location, but the old Ham- Kirk Grocery remains open to this day." They say the adage "location, location, location" reigns true in determining the success or failure of retail establishments, and Buster's is no exception. As Mem- phis grew and expanded outward from the downtown and the mighty Mississippi River areas, Buster Ham- mond had good sense to move his liquor store eastward in the late 1960's to the store's present location. Today, this location is now centrally located in the city, with three heavily traveled east/west thorough- fares that converge nearby. Surrounded by affl uent old neighborhoods and The University of Memphis around the corner, the Poplar/Highland intersection is one of the busiest in the city—and it is here that Buster's calls "home." But good location is nothing without good business sense. T H E S E C O N D G E N E R A T I O N T A K E S O V E R According to Josh Hammond, it was Buster's son and Josh's father, Rommy, who recognized the future of the wine industry when he took over the business. Rommy agreed to sell any wine his local wholesale representatives brought him. Buster's Liquors & Wine Fast Facts LOCATION: Memphis, TN FOUNDED: 1954 FOUNDER: Romulus Morgan Hammond Jr. ("Buster") SIZE: 16,000 square feet SELECTION: More than 10,000 SKUs January/February 2016 • Beverage Dynamics 43 > more >

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