Dear Client: One more segment bears coverage from last week's Constellation meeting: The company's bullishness on e-commerce. Several distributors have told us Constellation is light years ahead of their supplier competition in building out this capability. Newly promoted Mallika Monteiro, now EVP and Chief Growth, Strategy and Digital Officer, painted the immediate case for building toward this "new era of commerce." "US consumers spent $710 billion on digital commerce” last year, up 18%, and totaling 15% of all retail sales
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