Increase in alcohol sales during the coronavirus epidemic


US sales of alcoholic beverages rose 55% in the week ending March 21, according to market research company Nielsen. Spirits like tequila, gin and pre-mixed cocktails led the way, with sales up 75% from the same period last year. Wine sales increased 66% while beer sales increased 42%. And online sales have far exceeded store sales.

Nielsen said online sales of alcohol have increased 243%. Danelle Kosmal, vice president of Nielsen, suspects that growth rates peaked that week as people loaded their pantries before home orders came into effect.

Kosmal said data for the week ending March 28 will be a better indicator of continued demand.

Some other commercial benefits:

NEW GOAL: Luxury clothing companies, chemical manufacturers, automakers and other businesses continue to reorganize production to meet the demand for pandemic supplies.

Dow, which generally does not produce hand sanitizers, does so because the raw materials are readily available to the chemical manufacturer. The majority of the disinfectant will be donated to health systems and government agencies.

The company has started manufacturing disinfectants at its Stade plant in Germany. These operations are being expanded at facilities in Michigan, West Virginia, Belgium and Brazil. The Auburn site has the capacity to produce approximately 15,000 pounds of disinfectant per week, or nearly 30,000 eight-ounce bottles.

Ford is reorganizing a parts plant west of Detroit to make simple fans starting the week of April 20.

Brooks Brothers converts three US factories to produce up to a total of 150,000 masks per day. He will also start production of protective gowns. Japanese electronics maker Sharp Corp converted its liquid crystal display plant and sent its first shipment of medical masks on Tuesday. The Japanese factory will manufacture 150,000 masks per day, with production increasing later to 500,000 masks per day.

AIR LINES: Nine US senators are demanding that airlines reimburse customers whose flights were canceled during the coronavirus epidemic.

Lawmakers said Tuesday that Congress has granted airlines an "unprecedented bailout" in the economic relief bill, they have a moral responsibility to reimburse customers for canceled flights and help bring the stranded Americans overseas.

Some travelers have complained that airlines only offer travel vouchers, not cash refunds. The airlines have operated flights, some of which are chartered by the State Department, to return stranded Americans.

The letters went to the CEOs of 11 American airlines, including all the majors, from Bernie Sanders, a Vermont freelancer seeking Democratic presidential nomination, and eight Democrats, including former presidential candidates Elizabeth Warren from Massachusetts, Amy Klobuchar from Minnesota and Kamala Harris from California.

An airline business group did not immediately return a message for comment. American Airlines said that if it cancels a flight, customers can get a full refund in the form of their original payment.

Meanwhile, pilots whose medical certificate expires will be allowed to continue flying, as going to the doctor for the required exam is not an emergency and could spread the new coronavirus. The Federal Aviation Administration's decision to let pilots fly with expired medical certificates came into effect on Tuesday and will last at least June 30. Airline pilots need an exam every six or 12 months depending on age, and other types of pilots need less.

STAY PUT: The journey is almost at a standstill. The airports are empty and the avenues of Manhattan generally obstructed by taxis are almost vacant.

The Transportation Security Administration screened 154,080 people on Monday, the least still and a drop of over 93% from last year, when more than 2.3 million people passed through airport checkpoints. .

Visa reports a rapid decline in travel expenses for cardholders. He also saw a decrease in food, entertainment and fuel expenses, according to a regulatory file. The volume of payments in the United States is down 4% for the month to date, with a credit volume of 7%. Cross-border volume fell 19% over the period in constant dollars.

Gasoline prices in the United States have dropped to their lowest level in four years, and they are almost certain to continue declining. Price tracking services have established the national average this week at around $ 2 per gallon. Some stations charged less than a dollar.

Cruise ship operator Carnival has said it will lose money this year and on Tuesday suspended dividends to save money, regulatory reports said. The cruise operator has reached the unprecedented stage of a complete halt in operations.

He said about 6,000 passengers on ships still at sea are expected to land by the end of April. Some of its crew are unable to return home and Carnival will provide them with food and shelter, the company said.

MARKETS: Wall Street stocks fell Tuesday in relatively trading. The spike in coronavirus cases worldwide has plunged markets since mid-February, and the quarter appears to be the worst performance since the 2008 financial crisis.

END OF THE PROSECUTION: Xerox announces that it is withdrawing its candidacy to buy the computer and printer manufacturer HP due to the global economic turbulence caused by the COVID-19 pandemic.

Xerox said in February that it plans to offer nearly $ 35 billion to HP after a lower offer was rejected because it was undervalued.

Businesses struggled as demand for printed materials and ink declined, and both had cut costs even before the global pandemic.

HOME-COOKED IS KING: British supermarkets have just had their busiest month in history.

New figures released Tuesday by market research firm Kantar show that British grocery sales jumped 20.6% in March from a year earlier, making it the fastest growing rate never recorded. Grocery sales have totaled £ 10.8 billion ($ 13.3 billion) in the past four weeks, surpassing the level seen during the busy Christmas season. The average household bought the equivalent of an additional five days of groceries.

Conagra reports "considerably high demand" with shipments increasing by about 50% in the current quarter.


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