Food (Recession) News: Grapevine Market Closing In December
All told, there are likely two reasons for the closing: the trend of "trading down" for wine purchases (consumers have largely abandoned the over-$30 wine market, opting instead for alternatives at $20 and under), and the likes of Spec's and Costco pushing aggressively into Austin's wine retail market with better pricing (Costco) and deeper selection (Spec's) than what was available at Grapevine. While we were always in awe of their beer selection and their generous selection of Pacific Northwest wines, we can't claim to be surprised about the store's struggle given some of the price points seen there in recent months. That said, nearby workers and residents will surely miss the lunch counter, and beer nerds will likely now have to brave the frightening Arbor Walk parking lot for their weekend selections. The Grapevine Market employee we spoke to recommended signing up for Grapevine's e-mail list for further information on closeout discounts.
For those readers attempting to stay local with their beer and wine purchases, we suggest both The Austin Wine Merchant and Whip-In as ideal spots for your future patronage.
Filed in Food and tagged costco, food, grapevinemarket, retail, specs, wine
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Room 710
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Room 710
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