Sunday, September 5, 2010
Winery Consolidation in AV
Yesterday a customer commented on what a shame it was that some of the local wineries have sold out to larger wineries/wineries from outside the area. I had to agree with her, thinking about the local families that we've lost through the process -- people that we knew and liked. However, I did have to comment that, given some of the financial situations these people were in, with poor sales due to the economy and bank loans called back, that I couldn't blame them. If you had to choose between bankruptcy and selling your business, what would you choose?? It's a tough decision and, as much as we lament the loss, I told her that being able to survive as a family and feed your kids is always the most important thing. That was the end of our discussion on the topic.