Binny's Beverage Depot is a liquor store chain with 38 locations in Illinois, concentrated in the Chicago area and including seven in Chicago and one each in Champaign, Springfield and Bloomington, Illinois.The privately held company was founded in 1948 by Harold Binstein as Gold Standard Liquors at Clark and Sheffield. It had grown to 12 locations by 1995. The company generates over $300 million a year in sales, and its total inventory exceeds 50,000 unique items. Some customers come from Northwest Indiana to take advantage of lower prices.Michael Binstein is the current CEO of Binny's Beverage Depot, having taken over following his father's death in August 1995.
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