Walmart debuts premium series of exclusive wines
Walmart’s added five premium wines to its Winemakers Selection wines, an exclusive label that was unearthed in 2018 and periodically refreshed since then.
The latest arrival is the Winemakers Selection Reserve Series, five varietals at $10 a bottle, including an Argentinian Malbec, Italian Pinot Grigio, French Rosé, Californian Cabernet Sauvignon, and New Zealand Sauvignon Blanc.
The premium reserve line expands off the Winemakers Selection label that first launched in 2018 and received a relaunch last year with the Winemakers Selection Classic Series of wines. The product was a quick customer favorite said Jason Fremstad, vice president, adult beverage, Walmart in a company blog post announcing the wines.
Store brand wines have been enjoying a lot of success. Nielsen reported private label brands accounted for 3.12% of all wine sales at mass merchants, convenience and liquor stores for the 52 weeks ended Jan. 2. And in a Store Brands report on wine, Kate Helm, senior manager of private brands at E. & J. Gallo Winery, noted more retailers have been looking to private brands as a pillar of their overall corporate growth strategy plans, adding that E. & J. Gallo doubled its private brand volume sales between 2014 and 2018 and is on track to repeat that performance through 2022.
Key to the reserve line is the global reach the wines provide, with each wine representing a different region in the world. The Pinot Grigio hails from Italy’s delle Venezie region, the Malbec from the Andes Mountains in Mendoza, Argentina, a crisp Rosé from the South of France, a fruity Sauvignon Blanc from New Zealand's Marlborough region, and a layered Cabernet Sauvignon from California.
The Winemakers Selection Classic Series of wines remain available for consumers and are at a lower price point of $5.