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Meta
Category Archives: Research
Christmas Day Delivered Second-Highest Day for Check Value in 2021
That’s according to CGA, which found that seasonal trends over the last weeks of 2021 loosely mirrored those seen in 2019 – with a strong build up to Christmas followed by a decline in the week immediately before December 25. Over … Continue reading
Posted in On-Premise, Research
Tagged CGA, Christmas Day Sales
Comments Off on Christmas Day Delivered Second-Highest Day for Check Value in 2021
Demand for Non-Alc Grew in December, Remained High in January
Demand for non-alcoholic beverages, including non-alcohoic beers and “mocktails,” grew sharply in December 2019 and 2020, “then absolutely skyrocketed” in January, according to Pattern, a consultancy that tracks activity on Amazon.com. Searches for “non-alcoholic” on Amazon gew 52% in 2021 … Continue reading
Posted in Nonaloholic, Research
Comments Off on Demand for Non-Alc Grew in December, Remained High in January
Retailers Say Locally Made, Celebrity Owned Brands Favored
A new survey by Drizly find locally made products ranked first among special product attributes that matter most right now in stocking decisions (cited by 62% of respondents), with celebrity-owned brands trailing by only a few percentage points. Also important to … Continue reading
Posted in Off-Premise, Research
Tagged drizly
Comments Off on Retailers Say Locally Made, Celebrity Owned Brands Favored
Consumer Confidence Increases
The Conference Board Consumer Confidence Index increased again in December, after an upward revision in November. The Index now stands at 115.8 (1985=100), up from 111.9 (an upward revision) in November. The Present Situation Index—based on consumers’ assessment of current business … Continue reading
Posted in Research
Tagged Conference Board, consumeer confidence
Comments Off on Consumer Confidence Increases
Premiumization Trend Continues Ahead of Holidays
That’s according to the Distilled Spirits Council of the U.S., whose Luxury Brand Index shows luxury brands grew 47% in the third quarter of 2021 compared with the same quarter of 2020. The pace has been more than twice the annual … Continue reading
Posted in Research
Tagged Distilled Spirits Council, Luxury Brand Index
Comments Off on Premiumization Trend Continues Ahead of Holidays
RtD Cocktails Poised for Strong Growth: Drizly
After a banner year in 2020, RTD sales held strong in 2021 with triple-digit growth, Drizly notes. According to NielsenIQ, year-over-year off-premise dollar sales increased 156% for spirits-based hard seltzers for the 52-week period ending Oct. 2, 2021, and sales … Continue reading
Posted in Ready-to-Drink, Research
Tagged drizly
Comments Off on RtD Cocktails Poised for Strong Growth: Drizly