ReserveBar to Acquire Minibar Delivery

Dear Client:Some consolidation this morning in the e-commerce sector. ReserveBar announced this morning that it has agreed to acquire Minibar Delivery. This acquisition "accelerates ReserveBar's expansion of its retailer fulfillment network and planned introduction of on-demand delivery capabilities," per release. Financial details were not disclosed. Minibar was founded in 2014 and has built a retail network of more than 2,800 locations nationwide, including independent liquor stores and other national brands like 7-Eleven. Combined, this will bring ReserveBar's retail footprint to more than