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NAICS Code 445320-04 Description (8-Digit)

Liquors (Retail) is a subdivision of the Beer, Wine, and Liquor Retailers industry that specializes in the retail sale of distilled spirits, such as whiskey, vodka, gin, rum, tequila, and brandy. This industry involves the sale of these products to individual consumers for personal consumption, as well as to businesses for resale purposes. Liquors (Retail) stores can range from small independent shops to large chain stores, and may also offer related products such as mixers, garnishes, and barware.

Hierarchy Navigation for NAICS Code 445320-04

Tools

Tools commonly used in the Liquors (Retail) industry for day-to-day tasks and operations.

  • Point of Sale (POS) systems
  • Inventory management software
  • Barcode scanners
  • Cash registers
  • Pricing guns
  • Bottle openers
  • Corkscrews
  • Jiggers
  • Shot glasses
  • Cocktail shakers

Industry Examples of Liquors (Retail)

Common products and services typical of NAICS Code 445320-04, illustrating the main business activities and contributions to the market.

  • Whiskey
  • Vodka
  • Gin
  • Rum
  • Tequila
  • Brandy
  • Liqueurs
  • Schnapps
  • Bitters
  • Absinthe

Certifications, Compliance and Licenses for NAICS Code 445320-04 - Liquors (Retail)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Alcohol Seller/server Certification: This certification is required in many states in the US for employees who sell or serve alcohol. It ensures that employees understand the laws and regulations surrounding the sale and service of alcohol and how to identify and handle situations involving intoxicated customers. The certification is provided by various organizations such as ServSafe and TIPS.
  • Alcohol Importer/exporter License: This license is required for businesses that import or export alcohol in the US. It ensures that businesses comply with federal regulations and pay the appropriate taxes and fees. The license is issued by the Alcohol and Tobacco Tax and Trade Bureau (TTB).
  • Alcohol Manufacturer License: This license is required for businesses that manufacture alcohol in the US. It ensures that businesses comply with federal regulations and pay the appropriate taxes and fees. The license is issued by the Alcohol and Tobacco Tax and Trade Bureau (TTB).
  • Alcohol Retail License: This license is required for businesses that sell alcohol in the US. It ensures that businesses comply with federal and state regulations and pay the appropriate taxes and fees. The license is issued by the state's alcohol regulatory agency. Link: Varies by state.
  • Food Handler's Permit: This permit is required in many states in the US for employees who handle food and beverages, including alcohol. It ensures that employees understand how to handle food and beverages safely and prevent contamination. The permit is issued by the state's health department. Link: Varies by state.

History

A concise historical narrative of NAICS Code 445320-04 covering global milestones and recent developments within the United States.

  • The history of the Liquors (Retail) industry dates back to ancient times when people started fermenting fruits and grains to produce alcoholic beverages. The first recorded evidence of liquor production dates back to 7000 BC in China, where people made wine from rice, honey, and fruit. In the Middle Ages, liquor production and consumption became widespread in Europe, and distillation techniques were developed to produce stronger alcoholic beverages. In the United States, the Prohibition era from 1920 to 1933 had a significant impact on the liquor industry, as it was illegal to produce, sell, or transport alcoholic beverages. After the repeal of Prohibition, the liquor industry experienced a boom, and new brands and products were introduced to the market. In recent years, the industry has seen a rise in craft and artisanal liquors, as well as an increase in online sales and home delivery services.

Future Outlook for Liquors (Retail)

The anticipated future trajectory of the NAICS 445320-04 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Liquors (Retail) industry in the USA is positive. The industry is expected to grow due to the increasing demand for premium and craft spirits. The rise in disposable income and changing consumer preferences towards high-quality products are driving the growth of the industry. Additionally, the increasing popularity of online sales channels and the convenience of home delivery services are expected to further boost the industry's growth. However, the industry may face challenges due to the strict regulations and taxes imposed on the sale of alcoholic beverages. Overall, the industry is expected to continue its growth trajectory in the coming years.

Industry Innovations for NAICS Code 445320-04

Recent groundbreaking advancements and milestones in the Liquors (Retail) industry, reflecting notable innovations that have reshaped its landscape.

  • Online Sales Channels: With the increasing popularity of online shopping, many liquor retailers have started offering online sales channels to their customers. This has made it easier for consumers to purchase their favorite spirits from the comfort of their homes.
  • Premiumization: Liquor retailers are focusing on offering premium and high-quality spirits to cater to the changing consumer preferences. This has led to the rise of craft spirits and premium brands in the industry.
  • Home Delivery Services: Many liquor retailers are now offering home delivery services to their customers. This has made it more convenient for consumers to purchase their favorite spirits without having to leave their homes.
  • Sustainability: Some liquor retailers are focusing on sustainability by offering eco-friendly packaging and sourcing their products from sustainable sources. This has helped them attract environmentally conscious consumers.
  • Tasting Events: Some liquor retailers are organizing tasting events to promote their products and educate consumers about different types of spirits. This has helped them build brand loyalty and attract new customers.

NAICS Code 445320-04 - Liquors (Retail)

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