Bargain Bin

Because wine is a perishable product, huge amounts of decent table wines are now beginning to fade.

The phrase "bin end" is occasionally used to refer to wines that are being closed out. Targa56/Shutterstock

American wine consumption has risen steadily since the 1980s, including a huge spike in 1992 when red wine sales jumped radically after a TV program aired good news for wine lovers.

It was November 1991 when the 60 Minutes “French Paradox” episode aired. Correspondent Morley Safer said the French have a lower rate of heart disease than do Americans, which scientists attributed to regular wine consumption.