Consumers Spending More on Bev Alc than Total Food and Beverage

Dear Client:In the last few years every retailer with a cash register is trying to tap into the growth of the alcohol category. That could have something to do with the fact that consumer spending on alcohol is currently growing faster than the entire food and beverage category, according to a new monthly report called BW 166 from wine industry veteran Jon Moramarco. SPIRITS LEAD OFF-PREMISE GROWTH: Off-premise sales were up 1.4% to about $891 billion for food and beverage