Report: Uber to Close Drizly E-Commerce Alcohol Delivery Platform
Uber has decided to shut down Drizly just three years after acquiring the alcohol e-commerce delivery platform for $1.1 billion, Axios reported today.
Uber has decided to shut down Drizly just three years after acquiring the alcohol e-commerce delivery platform for $1.1 billion, Axios reported today.
Off-premise spirits sales hit $21.1 billion in 2023 according to market research firm NIQ. Spirits dollars, excluding ready-to-drink cocktails, remained flat with volume down, showing the significant contribution of canned cocktails to the category.
As 2024 revs up we chatted with BevAlc lawyers about what regulations have been hot topics amongst suppliers in the last year and what updates the industry is anxiously awaiting.
We chatted with co-founder Moises Guindi and master distiller Ivan Saldaña about what guides their innovation strategy, where they see opportunity beyond agave spirits, and why they don’t let category structure influence their releases.
Total BevAlc sales growth decelerated slightly during the two-week period that ended December 30, with volume performance slightly more negative on a sequential basis across beer, wine, spirits and cider, and less positive for hard seltzer and FMBs, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research.
In the midst of Dry January, leading non-alc retailer Boisson has announced it is expanding its national wholesale business.
In a move that confirmed growing consumer thirst for what was once a niche spirit, last year the U.S. Tax and Trade Bureau (TTB) announced that it is on the cusp of releasing an official definition of American single malt whiskey, the first new spirit category to be defined in several years. As producers await the official standard, we checked in with several leading brands about what it means and what comes next.
What core drivers are BevAlc experts watching in 2024? We checked in with a data analyst, consultant and major retailer buyer on their outlook, including what investors will be looking for, where there might be white space in hot categories, and how retailers are making buying decisions.
From the continued rise of the espresso martini to savory cocktails, 2023 was a year of bold flavors at the bar, so what’s in store for 2024? We polled experts in spirits, flavor innovation and mocktails about what trends are on tap for cocktails and ready-to-drink versions.
After a category-wide downturn this year, one global spirits company is championing its portfolio of ready-to-drink cocktails as the silver lining of 2023.
From lawsuits against major distributors to celebrity breakups, it's been a year of high profile BevAlc legal disputes. But what are the most important 2023 cases that lawyers are tracking into the next year and how might they impact the industry?
The beer distributor route-to-market has served fourth category brands like BeatBox and Stateside Vodka’s Surfside hard tea and lemonade better than wine and spirits distributors, but getting in front of the right buyers in the fast-changing category is still “messy."
In this latest round of distribution news, we check in with Tequio, Fairfields Rum, Kastra Elion Vodka and two UK gins headed this way, Warner’s and Renais Gin, the latter courtesy of Harry Potter star actor Emma Watson’s Renais Spirits.
Campari has committed to acquiring cognac Courvoisier from Beam Suntory for an initial price of $1.2 billion, amounting to the biggest deal in the Italian spirit group’s history.