WXXI AM News

constellation brands

In the latest WXXI Business Report, we hear about a company that Constellation Brands is purchasing, which focuses on selling wines direct to consumers, online.

Also, a recent Paychex report shows employment growth holding steady in June, although that data is before some states saw spikes in COVID-19.

And details about the first-ever Rochester Black Restaurant Week going on this week, to help increase sales at some Black-owned businesses.

In the latest WXXI Business Report, the CEO of Paychex explains how the company has offered to help distribute payments to Americans if the direct payments are part of the final relief package approved by Congress.

Plus, the CEO of Constellation Brands puts out a statement how about the COVID-19 outbreak has impacted the company. He does explain one way the Constellation Brands business has changed: Demand has shifted from bars and restaurants to grocery and convenience stores.

And, find out which iconic Rochester building has been sold.

Mexicali Resiste

Constellation Brands is facing renewed challenges over a controversial brewery in Mexicali, Mexico. On Saturday, the Fortune 500 company’s “greenfield” project will face a new test: a public consultation in Mexicali.

The Victor-based company produces wines, liquors, and beers, like Corona. Rumors spread some weeks ago that because of fears of catching the novel coronavirus, fewer people were buying Corona beer. That wasn’t the case after all.

In the latest WXXI Business Report, Paychex is out with a survey on how the owners of small and medium sized businesses feel about the coronavirus.

 Plus, we get an expert's take on what's next in the ongoing effort by Xerox to take control of HP, and there's some growing pains for Canopy Growth, the Canadian-based pot producer that has a major investment from Constellation Brands.

Constellation Brands

Constellation Brands is responding to some recent negative publicity about the name of one of its top selling beers.

With the recent outbreak of the new coronavirus, it was perhaps inevitable that people would wonder, at least on social media, whether the name of the virus would cause any negative connotations for Corona Beer, a top selling brand for the Victor-based company.

A New York City-based firm called 5w Public Relations conducted a survey recently of American beer drinkers about their opinions of Corona after publicity about the coronavirus.

In the latest WXXI Business Report, Randy Gorbman has details on the money Constellation Brands is spending to market its new hard seltzer product.

How do we keep more skilled employees in Rochester? A local coalition of economic development agencies is looking for ways to do that.

Plus, the Wegmans School of Pharmacy gets a big donation to help promote medical missions and other activities for students.

In the latest WXXI Business Report, wages are up nationwide so Randy Gorbman chats with Paychex's CEO to find out why, and get explanation on why the job market is tight. 

Plus, there's change coming to the executive ranks at Constellation Brands, as their Chief Financial Officer moves over to become CEO at Canopy Growth, the Canadian cannabis company.

Where are you doing your holiday shopping? Are online sales really dominating the brick and mortar sales this holiday season?

Constellation Brands

Four years after buying California-based Ballast Point beer for $1 billion, Victor-based Constellation Brands announced on Tuesday that it is selling that company to a Chicago area company, Kings & Convicts Brewing Co. for an undisclosed sum.

The deal includes the sale of a number of associated production facilities and brewpubs.

In the latest WXXI Business Report, a recent conference focused on helping high-tech manufacturers become more competitive. Plus, there's a new chair of the board at Canopy Growth, the Canadian cannabis company partly owned by Constellation Brands. Then, we run down winners of this year's Ethie Awards. 

Constellation Brands

Constellation Brands is selling its Black Velvet Canadian Whisky business to a Kentucky based company called Heaven Hill Brands.

Along with Black Velvet’s production facility in Alberta, Canada, Constellation expects to receive about $266 million in cash. The facility in Alberta also makes some other Canadian whisky brands.

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