Remind us never to get in Martin Regg Cohn’s bad books: this weekend, the Toronto Star columnist followed up his recent screed against the LCBO’s pricing policy with a second rant against the board’s business practices. This time, Cohn took the LCBO to task for selling a covetable Lafite Rothschild 2009 at about 30 per cent below international market price. During the run on the Bordeaux that predictably followed, LCBO stores gave preference to longtime customers, which Cohn interpreted as allowing fancy wine-investor types to profit from a tidy bit of arbitrage. Cohn also argued that the LCBO should stop awarding Air Miles because the program is expensive, encourages alcohol consumption and is pretty much unnecessary for the provincial liquor monopoly anyway, since it’s usually used to distinguish a retailer from its competitors. The man’s got a point, but we’d sure miss those reward miles. Read the entire story [Toronto Star] »
The latest buzz on restaurants, chefs, bars, food shops and food events. Sign up for the Dish newsletter for weekly updates. Send tips to thedish@torontolife.com
Popular
Most Commented
- Jan Wong: Why the LCBO—the antiquated, paternalistic monopoly that’s deliberately gouging us—has got to go 49
- Introducing: Lamesa, a contemporary spin on traditional Filipino cooking on Queen West 39
- All-Beef Party: Toronto’s 25 best burgers ranked in order of heart-stopping, messy magnificence 35
- House of the Week: $1.7 million for Toronto’s first luxury prefab home (designed by Ray Kappe, no less) 20
- Joanne Kates to leave the Globe after 38 years (UPDATED) 20
1 Comment
Comment on this post
Neither the author nor Toronto Life necessarily agrees with the comments posted here. Editors will not correct spelling or grammar. Toronto Life reserves the right to edit or delete comments entirely. Read our full policy
So now he’s mad at the LCBO for NOT jacking up prices for consumers. Sure, that makes sense.
January 26, 2012 at 4:40 pm | by Greg Keon