|By Marketwired .||
|April 11, 2014 08:00 AM EDT||
EDMONTON, ALBERTA -- (Marketwired) -- 04/11/14 -- Liquor Stores N.A. Ltd (the "Company") (TSX: LIQ), North America's largest publicly-traded liquor retailer reported that the sale of wine and spirits will not be permitted in grocery stores or gas stations in the state of Kentucky. Accordingly, the Company's strong market positioning in the state is preserved.
The maintenance of the status quo relates to a decision from the United States Court of Appeals for the Sixth Circuit ("Appeals Court"), which denied a petition by the grocery store coalition to have their constitutional challenge re-heard by the Appeals Court. Consequently, there will be no change to the original Appeals Court opinion that upheld the constitutionality of the Kentucky state statute prohibiting the sale of wine and distilled spirits within grocery stores and gas stations.
About Liquor Stores N.A. Ltd.
The Company currently operates 243 retail liquor stores in Alberta, British Columbia, Alaska and Kentucky. Liquor Stores' retail brands include: Liquor Depot, Liquor Barn, and Wine and Beyond in Alberta (174 stores); Liquor Depot and Liquor Barn in British Columbia (35 stores); Brown Jug in Alaska (22 stores); and Liquor Barn "The Ultimate Party Source" and Liquor Barn Express in Kentucky (12 stores). The Company's common shares and convertible subordinated debentures trade on the Toronto Stock Exchange under the symbols "LIQ" and "LIQ.DB.A", respectively.
Executive Vice President
Business Development and General Counsel
Liquor Stores N.A. Ltd.