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Laura Pelner

Bucharest, New Jersey, Pennington, United States

Writer and Editor at Freelance

Contributing Editor at Market Watch Magazine

Articles

  • 3 weeks ago | marketwatchmag.com | Laura Pelner

    Everything’s bigger in Texas, including beverage retail. The Lone Star State is home to many large off-premise drinks operators, but few have the scope and scale of Spec’s Wines, Spirits & Finer Foods. What started as a small family shop in Houston in 1962 has grown into a beverage behemoth of 216 stores and $2 billion in annual revenue in the second-largest state in the U.S. The business was started by Carroll “Spec” Jackson, and today his family’s fourth generation is joining the fold.

  • 1 month ago | marketwatchmag.com | Laura Pelner

    Craft whiskey has been among the most dynamic segments in the spirits industry for many years, but these days small-scale whiskey makers are struggling. Like many in the boutique spirits segments, small and independent whiskey distillers are seeing declining sales, rising operating costs, and increased difficulties in accessing new markets and customers.

  • Oct 27, 2024 | marketwatchmag.com | Laura Pelner

    Features Beverages containing THC are growing rapidly and gaining increasing consumer support as awareness and availability expand. The cannabis drinks market is growing at an explosive rate. The segment is expected to be worth more than $3 billion globally by the end of 2024, according to research firm Fortune Business Insights, and it’s projected to top $117 billion in 2032, led by North America, which dominates the global market for cannabis drinks.

  • Oct 16, 2024 | marketwatchmag.com | Laura Pelner

    The Farrell brothers are wine retail royalty around Minneapolis. Ted Farrell is widely known as “The Wine Guy” and he, along with his brother Beau and two other siblings, is making sure the family retail business—Haskell’s—continues to thrive after 90 years. Their father, Jack Farrell, purchased Haskell’s in 1970, and 50 years later the family has grown the business from one shop in Minneapolis to 11 modern stores around the Twin Cities.

  • Oct 14, 2024 | marketwatchmag.com | Laura Pelner

    Beverage alcohol retail wasn’t Jim Shpall’s first career calling but it has definitely been his most treasured. Shpall, a seasoned lawyer, took a gamble on the drinks business in the mid-1990s when his father-in-law, then owner of Colorado’s Applejack Wine & Spirits, decided to sell the store. Now 30 years later, Shpall, a 2011 Market Watch Leader, says managing the business fills him with pride. “I saw this as a fun opportunity,” says Shpall, who at the time had been practicing law for 12 years.

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