Liquor Stores N.A. Ltd.

TSX : LIQ


Liquor Stores N.A. Ltd.

January 15, 2014 14:37 ET

U.S. Court of Appeals Reverses Kentucky District Court Decision on Constitutionality of Liquor Laws

EDMONTON, ALBERTA--(Marketwired - Jan. 15, 2014) - Liquor Stores N.A. Ltd (the "Company") (TSX:LIQ), North America's largest publicly-traded liquor retailer (based upon number of stores and revenue) today reported that the United States Court of Appeals for the Sixth Circuit ("Appeals Court") overturned a 2012 order of the United States District Court, Western District of Kentucky and re-affirmed the constitutionality of the Kentucky state statute which prohibits the sale of wine and distilled spirits within grocery stores and gas stations.

Stephen Bebis, President & Chief Executive Officer, commented, "We, like other liquor retailers, are pleased that the current licensing regime has been upheld and we look forward to continuing to invest in our growth in Kentucky." The grocer-plaintiffs in this matter can seek review of the Appeals Court decision by the U.S. Supreme Court, which would then decide, in its discretion, whether to review the decision or not.

ABOUT LIQUOR STORES N.A. Ltd.

The Company currently operates 246 retail liquor stores in Alberta, British Columbia, Alaska and Kentucky. The Company's common shares and convertible subordinated debentures trade on the Toronto Stock Exchange under the symbols "LIQ" and "LIQ.DB.A", respectively.

Additional information about Liquor Stores N.A. Ltd. is available at www.sedar.com and the Company's website at www.liquorstoresna.com.

Contact Information

  • Liquor Stores N.A. Ltd.
    Patrick de Grace, CA
    Senior Vice President and Chief Financial Officer
    (780) 917-4179
    www.liquorstoresna.com