The number of UK breweries becoming insolvent has tripled in the past year, with smaller brewers worst hit, according to data cited by tax and audit firm Mazars. Using Insolvency Service data, the company said the number of insolvencies rose to 45 in the year to March 31, 2023, up from 15 in the previous year. Paul Maloney, associate director at Mazars, said the insolvencies…

Beer, wine and spirits saw an uplift in sales this month according to the latest data from NIQ, while UK supermarkets also experienced storewide sales increases.  Overall, UK supermarkets saw a 12.3% rise in Total Till sales in the four weeks ending May 20, 2023 compared to April 2023. Coronation week, in particular, resulted in a 17.6% increase in supermarket sales as consumers…

Despite the ongoing cost of living crisis, Coronation festivities led to a significant increase in wine sales, according to the latest data from Kantar and NIQ.  Noting the success of sparkling wine in particular, NIQ found that total UK grocery sales during the week of the Coronation exceeded the Platinum Jubilee week in 2022.  Looking at the week ending May 6, 2023,…

As the Coronation weekend approaches, BWS sales are on the rise in UK supermarkets according to the latest data from NIQ (formerly NielsenIQ).  During the four weeks ending April 22 2023, nearly all categories saw an increase in promotional spend, with 51% of branded beer, wines and spirit sales being made while these products were on offer. Overall, consumer spending on promotional items…

Prosecco famously captured the hearts and minds of UK consumers following the 2008/2009 recession. But what are the key trends during the current cost-of-living crisis? Which sparkling categories are bubbling up? And which are losing their fizz? Recent Circana (formerly IRI) off-trade data, shared with Drinks Retailing by Freixenet Copestick, shows some interesting developments. While Prosecco dominates the share of value sales (52%) in the…

Around 50% of British consumers are planning on limiting their spending on alcohol as a result of financial pressures, new data has found.  According to research from British drinks brand Gunner Cocktails, the cost of living crisis is likely to be a “difficult period for many drinks brands in the UK as consumer confidence continues to reach historic lows”.  However, while around half…

The latest data from NielsenIQ has shown a fall in both volume and value for the BWS category, as consumers continue to exercise caution. The data, for the four weeks ending December 3, found that BWS saw both value (-1.5%) and volume (-3.6%) declines across multiple retailers. NielsenIQ said this may be attributed to overlaps in terms of trade challenges and the beginning of Omicron…