Alcohol Sales Are Through The Roof – Which One Is The Best Seller?
I drive by the liquor store everyday and I've noticed that as the stay at home order continues the parking lot at the store get busier and busier. I've also noticed that almost every time I face time with friends who are working from home there always seems to be an alcoholic beverage nearby. I get it, you're at home,not driving and you need to relax so the question becomes what are all these people drinking?
According to inMarket, the data analysis firm says that while people are still drinking White Claw and Truly, Anheuser-Busch's (BUD) Busch Light sales have increased 44%. I'm wondering if this is an economy play or a low calorie play? Apparently Miller Lite, Michelob Ultra and Natural Light all grew between 14%-17%. Keep in mind that this data is based on purchases made between March 1 and April 17th online and in person vs. February sales. Bottoms up to cheap, low calorie beer my friends.