There are months of uncertainty ahead for the global economy and the alcohol industry has adapted pretty well due to quarantine and social distancing. It appears Americans stocked up on way more than groceries just before stay-at-home orders went into effect and continue to do so online as online alcohol sales leap 243%.
According to a MarketWatch article:
U.S. sales of alcoholic beverages rose 55% in the week ending March 21, according to market research firm Nielsen.
Spirits like tequila, gin and pre-mixed cocktails led the way, with sales jumping 75% compared to the same period last year. Wine sales were up 66% while beer sales rose 42%. And online sales far outpaced in-store sales.
Although we’re all in the house, please drink responsibly. Cheers!
