On-Premise Reopenings Letting Steam Out of Off-Premise Sales

Dear Client:   Since early May--when states began reopening the on-premise-- off-premise alcohol sales have experienced a "steady slowing of growth," according to Nielsen.  Consumers have not necessarily been drinking more during COVID overall, they've just shifted their alcohol spending to other channels. Thus, as more consumers go back to the on-premise, off-premise sales will decelerate. Off-premise alcohol sales were up 21.2% for the week ended June 13 compared to the same period last year. Spirits continue to lead growth, up