Jason Solarek picture
Jason Solarek @ Bridge May 25, 2023 • 7:47 PM • 308 days ago
Wine store collapse stains retailers
Jason Solarek picture
Jason Solarek @ Bridge May 25, 2023 • 7:47 PM • 308 days ago

Wine store collapse stains retailers

The New York Times shares a salacious story about Sherry-Lehman, a world-famous wine shop.  The story recounts how the retailer was hit by tariffs, online competitors, and COVID shutdowns. It had borrowed excessively, which many retailers do.  At first, it reads like a Bed Bath & Beyond obituary. But then the owners veered into the criminal realm.  They sold rare wine to new customers that belonged to existing customers, in other cases didn’t deliver what was sold, and sold wine without a liquor license. 

It’s hard to feel sorry for victims that can spend $6k on wine, but there’s an oath in retail and in life: treat others like you want to be treated. My company helps 1,200 store owners and I believe Sherry-Lehman may have indirectly made our retailers look bad. The next time an order is delayed by a retailer, one may wonder if the order is truly delayed or pilfered by the owners like at Sherry-Lehman.  

We will do our part to uphold integrity in the retail industry, and I hope the authorities uphold the law and go after these bad grapes. 

Read the full article:
https://bridge.myshoplocal.com/news.cfm/22719/Wine-store-collapse-stains-retailers-