Wine & Spirits See Double-Digit Sales Growth in First Half of 2014

Published in CSP Daily News

Warmer weather and a growing diversification of convenience offerings boosted alcohol sales in the first half of 2014.

Take the beer category: Bucking negative dollar and volume sales trends in the first half of 2013, IRI data shows the category grew by 3.9% (in dollar sales) and 1.4% in unit sales. However, just two of the top-five selling brands enjoyed positive sales in the first half of 2014.

That means offering just the traditional top-selling brands is no longer enough, something beverage analyst Bonnie Herzog attributes to the diversification of the beer category and of c-store consumers. “The channel’s consumers are evolving,” she said. “If you’re talking new consumers, it’s a little bit like your tobacco set. Sure, you need to offer the Marlboros and the Buds, but you need to be smart about the other offerings such as higher-margin and differentiated products.”

Alcohol Sales

C-store sales, 24 weeks ending June 15, 2014

Subcategory C-store sales ($ millions) PCYA* Case/volume sales (millions) PCYA*
Total beer $7,441 3.9% 338.8 1.4%
Wine $335.1 15.9% 4.0 14.2%
Sparkling wine/champagne $16.9 17.2% 0.1 14.8%
Spirits/liquor $339.0 17.1% 56.8 19.3%

Source: IRI

* Percent change from a year ago

IRI

Click here for more midyear beverage sales data.

Related Topics: 
beer, wine & liquor