Constellation Brands

D2C Brands Win With High-Income Shoppers
D2C Brands Win With High-Income Shoppers
January 30, 2024  |  eCommerce

As direct-to-consumer brands look to drive customer acquisition, high earners are their best customers. By the Numbers The PYMNTS Intelligence report “The Online Features Driving...

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BNPL Finds Traction in Unexpected Niches and Subscription Services 
BNPL Finds Traction in Unexpected Niches and Subscription Services 
January 29, 2024  |  Buy Now Pay Later

People using buy now, pay later (BNPL) are favoring these options and incorporating them into their financial choices. This growing trend has led BNPL providers...

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22% of Consumers Use BNPL for Alcoholic Beverage Payments
22% of Consumers Use BNPL for Alcoholic Beverage Payments
January 26, 2024  |  Buy Now Pay Later

As consumers look for ways to afford the alcoholic beverages they want, a share of buy now, pay later users are paying for their beer,...

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Constellation Brands: Budget-Strapped Consumers Are Buying Less Alcohol, More Often
Constellation Brands: Budget-Strapped Consumers Are Buying Less Alcohol, More Often
October 05, 2023  |  Earnings

As consumers deal with inflation and other economic challenges, Constellation Brands is seeing shoppers make more frequent alcohol purchases but buying less per trip. The...

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Constellation Brand Sees D2C eCommerce Sales Rise 40%+
Constellation Brand Sees D2C eCommerce Sales Rise 40%+
June 30, 2023  |  eCommerce

Consumers are increasingly turning to digital channels to purchase alcohol, as Constellation Brands observes, but eCommerce in the industry has a long way to go....

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Constellation Brands Bypasses Stores to Boost High-End Liquor Sales
Constellation Brands Bypasses Stores to Boost High-End Liquor Sales
April 06, 2023  |  Earnings

As many consumers pull back, Constellation Brands is leveraging D2C to attract higher-income customers. The beer, wine and spirits giant, parent company of a wide...

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Today in Food Commerce: Amazon Expands ‘Just Walk Out’ Checkout; Spirits Brands Create RTD Cocktails
Today in Food Commerce: Amazon Expands ‘Just Walk Out’ Checkout; Spirits Brands Create RTD Cocktails
April 07, 2022  |  Commerce

Today in food commerce, Constellation Brands invests in creating ready-to-drink (RTD) premium cocktails, and DoorDash announces a white-label online grocery partnership. Plus, PYMNTS data reveal...

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Brands Invest in Ready-to-Drink Cocktails as Consumers Opt for at-Home Experiences
Brands Invest in Ready-to-Drink Cocktails as Consumers Opt for at-Home Experiences
April 07, 2022  |  Earnings

While the majority of consumers now feel comfortable going to bars and restaurants, with contagion concerns no longer having the impact on consumer mobility that...

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Energy Drink Maker Monster, Corona Beer Owner in Merger Talks
Energy Drink Maker Monster, Corona Beer Owner in Merger Talks
February 15, 2022  |  Acquisitions

Monster Beverage and Corona brewer Constellation Brands are talking about combining companies, Bloomberg reported Monday (Feb. 14), citing sources familiar with the situation. The merger...

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