Liquor prices may rise when sales open up to retailers Friday

  • The Associated Press
  • Monday, May 28, 2012 11:37am
  • News

The Associated Press

You might want to stock up on tequila and rum if margaritas or mojitos are on your summer menu, because prices are likely going up at many retailers in Washington state this week.

Voters approved Initiative 1183 last fall, allowing stores larger than 10,000 square feet and some smaller stores to sell liquor.

Under the measure, restaurants and bars were allowed to begin buying liquor directly from distributors March 1, and they can begin buying directly from retail stores Friday.

However, the initiative also imposed an additional 10 percent distributor fee and a 17 percent retail fee on spirits to reimburse the state for millions of dollars in lost revenue.

Some retailers say that likely means higher prices for consumers, regardless of where they buy their spirits.

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