Buzz kill? Holiday booze may cost more this year

Nation/world

At Bob’s Market in Santa Monica, liquor andwine buyer Rick Rosenbloom hefted a 750-milliliter bottle of Veuve Clicquot Brut, one of the store’s most popular brands of Champagne.

“A month ago, this was selling for $52 a bottle,” Rosenbloom said Wednesday. “Today, it’s $69.99, and we’re losing money on it.”

It’s not your imagination. Supply-chain problems as well as higher energy and material costs mean that traditional year-end holiday liquor runs are putting a much bigger dent in your wallet than in 2020.

And that’s if you’re lucky enough to find your favorite libations. Empty shelves are common for the most popular brands of wine, beer and spirits, with alcoholic beverages running about 11% out of stock in U.S. stores as of Nov. 28, according to data provider IRI Worldwide.

Read the full story on LATimes.com.

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