Latest news with #RNDC
CBS News
08-07-2025
- Business
- CBS News
Layoffs announced in West Sacramento as wine distributor exits California
A major alcohol distributor preparing to leave California has alerted the state that more than a thousand layoffs are coming. Republic National Distributing Company announced in June that it was planning wind down business in the state. The impact of that move became clearer in July when RNDC filed a series of Worker Adjustment and Retraining Notification Act notices. In total, the company lists a total of 1,756 of layoffs expected in California. In West Sacramento, where RNDC acquired Young's Market Company in 2022, a total of 136 layoffs are listed. The layoffs and California exit comes as the wine industry as a whole faces a decline in sales.
Yahoo
08-07-2025
- Business
- Yahoo
RNDC confirms job cuts from California exit
US alcoholic drinks distributor Republic National Distilling Company (RNDC) is to lay off thousands of staff as the result of its wind down of operations in California. The major drinks distributor announced plans to leave California last month. According to a series of Worker Adjustment and Retraining Notification Act (WARN) notices filed by the group on 1 Jul, 1,756 jobs are to be affected. The layoffs will be effective from 2 September, which is also when RNDC expects to officially exit California. When it initially announced its departure from the state in June, a company spokesperson said: "We've made the difficult business decision to withdraw from California which affects many of the roles in the state." The group had seen several significant contracts in the state come to an end in recent months, such as Brown-Forman which shifted to RNDC's peer Reyes Beverage Group in February. Earlier this year, Tito's Handmade Vodka also switched from RNDC to Reyes Beverage Group for its California distribution. Other drinks companies working with RNDC include Treasury Wine Estates. Following the announcement of RNDC's departure from California, in a stock exchange filing at the time, the Penfolds winemaker said the distributor's exit would not impact its financial results in its current financial year, which ended in June. It added at the time: 'TWE has begun evaluating alternative distribution arrangements for its portfolio in California to determine an appropriate path forward. 'TWE's relationship with RNDC spans 25 US states, including California. The closure of RNDC's California operations is not expected to impact the remainder of its business, and RNDC has reiterated its commitment to investing behind and driving TWE's portfolio in the remaining 24 states.' In February, the group announced that its president and CEO Nick Mehall would be stepping down after three years. The company's COO Bob Henrickson was appointed interim CEO, officially entering the role in March. "RNDC confirms job cuts from California exit" was originally created and published by Just Drinks, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
03-06-2025
- Business
- Yahoo
Treasury Wine Estates cuts profit guidance on lower US shipments
Penfolds and Daou owner Treasury Wine Estates today (3 June) lowered its forecast for a closely-watched profit metric amid pressure on US sales. The Australian wine group said it expects its EBITS to be around A$770m in the financial year ending 30 June. Treasury Wine Estates' previous forecast was for EBITS to be 'approximately $780m', itself reset in February. The company said the new guidance was 'driven by lower-than-expected premium portfolio shipments in the US'. The Wolf Blass owner said 'economic uncertainty and weaker consumer demand' in the US has hit the performance of the 'wine category … at price points below US$15'. In a brief stock-exchange filing, Treasury Wine Estates provided a short statement on the decision by its distributor in California, Republic National Distributing Company (RNDC), to quit the Golden State in September. In the first half of the company's financial year, its sales through RNDC in California accounted for around 25% of the net sales revenue from its Americas division and approximately 10% of group net sales revenue. The group said RNDC's move would not affect its financial results in its current financial year. However, Treasury Wine Estates added: 'TWE has begun evaluating alternative distribution arrangements for its portfolio in California to determine an appropriate path forward. 'TWE's relationship with RNDC spans 25 US states, including California. The closure of RNDC's California operations is not expected to impact the remainder of its business, and RNDC has reiterated its commitment to investing behind and driving TWE's portfolio in the remaining 24 states.' Shares in Treasury Wine Estates closed up 0.49% at A$8.14. In October, Sam Fischer, chief executive at Australia-based beer and spirits group Lion, will become Treasury Wine Estates' new CEO and managing director. Fischer will succeed outgoing CEO Tim Ford, who took up the role in 2020. "Treasury Wine Estates cuts profit guidance on lower US shipments" was originally created and published by Just Drinks, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-06-2025
- Business
- Yahoo
US distributor Republic National Distributing Company to leave California
Major beverage-alcohol distributor Republic National Distributing Company (RNDC) is to quit California in September. RNDC has seen the end of major contracts in the Golden State in recent months, including Brown-Forman shifting products to rival distributor Reyes Beverage Group. 'We've made the difficult business decision to withdraw from California which affects many of the roles in the state,' a spokesperson for RNDC. The distributor's departure will take effect on 2 September. The spokesperson refused to be drawn on the number of jobs set to be affected. 'We are complying with all regulatory obligations and are committed to handling every transition thoughtfully and smoothly and ensuring everyone is treated fairly and respectfully. We are grateful for the support of these employees and will do our best to support them during this time,' the spokesperson said, refusing to be drawn on the reasons for the decision. Earlier this year, Tito's Handmade Vodka also moved its California distribution from RNDC to Reyes Beverage Group. Among the companies RNDC works for in California is Treasury Wine Estates, the Australia-based wine group. In a stock-exchange filing in Australia today, the Penfolds owner provided a short statement on RNDC's decision. Treasury Wine Estates said RNDC's move would not affect its financial results in its current financial year, which ends in June. However, the group added: 'TWE has begun evaluating alternative distribution arrangements for its portfolio in California to determine an appropriate path forward. 'TWE's relationship with RNDC spans 25 US states, including California. The closure of RNDC's California operations is not expected to impact the remainder of its business, and RNDC has reiterated its commitment to investing behind and driving TWE's portfolio in the remaining 24 states.' Brown-Forman announced its new contract in California with Reyes Beverage Group in February. Last week, the Jack Daniel's maker set out a broader set of changes to its US distribution network that reportedly means RNDC will handle the spirits giant's products in 12 markets in the country, down from 23. "US distributor Republic National Distributing Company to leave California" was originally created and published by Just Drinks, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Business Wire
12-05-2025
- Business
- Business Wire
RNDC and LibDib Expand On Demand Distribution Model to Seven New States
SAN JOSE, Calif.--(BUSINESS WIRE)-- LibDib, the leading digital alcohol distribution platform, in partnership with Republic National Distributing Company (RNDC), proudly announces the expansion of RNDC On Demand to six new markets: Florida, Virginia (wine only), Washington D.C., Maryland, Colorado, Illinois, and South Carolina. 'The expansion of RNDC On Demand gives us access to buyers in key growth markets,' said Jessica Cox, Founder of Just Enough Wines. 'Our experience with the On Demand model in Texas was instrumental in scaling our presence." Share This strategic rollout provides wine and spirits producers—from emerging brands to established suppliers—with more choices to access key markets through a flexible, tech-enabled distribution model. 'Suppliers deserve options, and RNDC On Demand provides flexibility and control,' said Dean Parker, Director of the On Demand program for LibDib and RNDC. 'Together, we're expanding a modern path to market that empowers suppliers to grow at their own pace, backed by RNDC's logistics and service excellence.' Powered by LibDib's proven digital platform, RNDC On Demand allows suppliers to quickly and compliantly enter new markets. Products can be launched and delivered efficiently to on- and off-premise accounts, including national and regional chains. As brands grow, they have the opportunity to transition into full-service RNDC distribution, offering a scalable solution that supports long-term success. 'The expansion of RNDC On Demand gives us access to buyers in key growth markets,' said Jessica Cox, Founder of Just Enough Wines. 'Our experience with the On Demand model in Texas was instrumental in scaling our presence and ultimately transitioning to full-service distribution. We're excited to bring that same momentum to new states.' 'This is about putting control in the hands of the suppliers,' said Cheryl Durzy, Founder and CEO of LibDib. 'RNDC has been a key innovation partner, helping us advance our mission of making distribution accessible to all Makers. With On Demand, we're expanding our reach and offering flexible solutions tailored to each brand's goals, size, and target markets.' In crossover states such as Florida, Colorado, Illinois, Washington D.C., and Maryland—where both LibDib and RNDC On Demand operate—suppliers can work directly with portfolio managers to select the distribution model that best fits their brand and complies with local regulations. Whether launching a new product or expanding market presence, LibDib and RNDC On Demand provide: Access to high-potential markets Scalable pathways to full-service distribution Digital tools to manage products and accounts Support at every stage of business growth By combining digital innovation with trusted distribution expertise, LibDib and RNDC are redefining what's possible in the alcohol beverage industry—empowering suppliers to grow how they want, where they want. With this expansion, LibDib now enables three-tier compliant distribution in 18 states, covering nearly every major U.S. market and approximately 75% of available accounts. Makers interested in distribution in one or more of the 18 markets available can reach out to makers@ or click here for more information. About LibDib LibDib, LLC is a licensed wholesale alcohol distributor and technology innovator, offering a compliant three-tier distribution platform for wine and spirits makers of all sizes. With an easy-to-use marketplace, LibDib simplifies the buying and selling experience for both suppliers and trade buyers across the country. Learn more at or follow LibDib on LinkedIn. About RNDC As a leading national beverage distributor in wine and spirits, RNDC has established its reputation by bringing the industry's brightest talent together, consistently igniting opportunities for our suppliers, customers, and associates. Our expansive national reach empowers suppliers by building strategic relationships with on- and off-premise customers, elevating their brands and connecting them with their target consumers. Operating in the District of Columbia and 39 states across the United States, we are committed to being the most valuable partner to all we serve. With roots extending before Prohibition and a footprint spanning from local to national, digital to DTC, we are ushering in a new era of wine and spirits distribution within the three-tier system. At RNDC, we work in that rare space where commitment to craft meets unrelenting quality. Fueled by passion, we are raising the bar for beverage alcohol distribution—elevating spirits and sales across our value chain. To learn more, visit
