Trade Groups Join Forces to Support On-Premise Partners
A number of industry trade groups have join together to establish the Hospitality Recovery Coalition to support on-premise restaurants, bars, and distilleries.The coalition's initial goals include extending cocktail to-go laws and supporting the Restaurants Act on a...
Nielsen: Healthy Drinking Habits Top of Mind for US Consumers
Spirits have led beverage alcohol growth nearly every week since March, but wine was the fastest growing category for the week ending August 29. The category was up 13% in off-premise for the week as spirits followed closely with 12.4% growth and beer/FMBs/cider grew...
Retailers Share How They’re Managing Inventory During Covid Crisis
Covid-19 may have turned the supply chain and inventory management process on its head, but in an increasingly digital world, keeping accurate inventory is more important than ever. SevenFifty Daily spoke to retailers around the country on how they are adapting to the...
Collaborations Keep Craft Distillers Afloat During COVID
Craft distillers in the US have been testing new business models and ways to create income this year after COVID-19 forced on-premise venues to close. Despite being more isolated than ever, collaborations between craft distillers and other business owners have...
New Jersey Wholesalers Fined $4 Million for Retailer Incentive Programs
The New Jersey Division of Alcoholic Beverage Control announced that the state's two biggest wine and spirits wholesalers, Allied Beverage Group and Fedway Associates, agreed to pay fines of $4 million each after a two-year investigation by the agency. The...
Bar Owners Look to Pop-Up Model to Meet Consumer Needs During COVID Crisis
On-premise operators are experimenting with new models to make it through the COVID crisis, and one model that is increasingly popular is pop-up ventures. Pop-up style venues allow for a smaller selection of inventory, more flexible spacing options, and most...
On-Premise Velocity Continues Improving
The on-premise channel isn't back to pre-COVID levels, but it is showing a steady recovery in the states tracked by Nielsen CGA. The week ending August 22 represents the seventh consecutive week without a decline in velocity. The on-premise in New York and Illinois...
On-Premise Buyers Discuss How They’re Re-evaluating Menus Post-COVID
As more states move into reopening phase for the on-premise again, restaurants and bars are adapting with a new business model. SevenFifty Daily spoke to sommeliers and beverage directors around the country about their strategies, many of which are focusing on...
Hard Seltzer Growth Represents New Lifestyle Trend
In 2019, the alcohol beverage industry experienced the summer of the hard seltzer, with the category transcending beyond beer to steal shares from wine and spirits. In 2020, hard seltzers have far outpaced the growth of all other beverage alcohol categories, becoming...