Forum News Service: Municipal liquor stores sales up, profits down

EXCERPT: “Minnesota’s city-owned liquor stores produced record 2016 sales for the 21st straight year, but higher costs kept profits down. The state auditor reported Tuesday, Nov. 7, that stores listed $344 million in sales, up $7 million over 2015. However, profits fell more than 16 percent over the past five years . . . Forty-five Minnesota cities reported their stores showed net losses last year, which was 11 more than in 2015. All but one of them are in Greater Minnesota.” FULLSTORY: