Through entrepreneurial spirit, craft distilleries are moving into a new business model during the pandemic.
Questions:
- Roughly, how many craft distilleries are there in the U.S.?
- Why has the pandemic closed or limited tasting room sales?
- Based on the entrepreneurial spirit of the craft distilleries and according to the article, what does the new model look like?
- According to the Distilled Spirits Council of the United States, a trade organization, how much are craft distillers projected to lose in annualized sales in 2020? What percent is this of the total business?
Source:
Weisstuch, L. (2020). How distillery owners are finding creative ways to stay in the game during the pandemic. The Washington Post, Sep. 4 (Retrievable online at https://www.washingtonpost.com/lifestyle/travel/how-distillery-owners-are-finding-creative-ways-to-stay-in-the-game-during-the-pandemic/2020/09/03/011b1592-e7c7-11ea-970a-64c73a1c2392_story.html)