When budgets are tight, retailers adapt, and in the wine industry, it’s the overpriced wines that need to make the concession.

Among the more eyebrow-raising deals he’s seen in the past several weeks have been half bottles of Joseph Phelps Insignia Napa cabernet 2002, Wine Spectator magazine’s wine of the year, wholesaling for a mere $10 each (the wine’s release price for a full-size bottle was $150; retailers jacked the price even higher once the wine received its distinction)

Read [Forbes.com]