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Global MarketsJuly 29, 2026 at 07:35 PM

US Alcohol Distributors: 128-Year-Old Firm Files for Bankruptcy

724FinanceKaptan Rıza Deniz

US Alcohol Distributors: 128-Year-Old Firm Files for Bankruptcy

The U.S. alcohol industry faced a major blow as Republic National Distributing Company, a 128-year-old distributor, filed for Chapter 11 bankruptcy protection. The company, which had accumulated excess inventory during the pandemic, saw its financial position deteriorate as alcohol consumption plummeted to its lowest level in nearly 90 years. Key supplier losses and macroeconomic headwinds compounded the issue. Distilled Spirits Council CEO Chris Swonger remains optimistic, citing the industry's resilience driven by innovative products. This filing could signal significant shifts in the U.S. alcohol market in 2026.