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 Consumers to Shop With Brands, Retailers or Marketplaces” drew from a survey of more than 3,500 U.S. consumers in October...
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 to discover unexpected success in categories they may not have initially anticipated, creating new avenues for revenue in the process. ...
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, wine and spirits in installments. By the Numbers The PYMNTS Intelligence study “Tracking the Digital Payments Takeover: What BNPL Needs...
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 beer, wine and spirits company, which owns a range of popular brands including Corona, Modelo and Svedka, among others, shared...
February 15, 2022
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 agreement could go forward in the next few weeks if negotiations go well. The companies, which are similarly-sized, have a combined market value of $90 billion. While merging with Constellation […]
September 18, 2018
Coca-Cola is taking a close look at the cannabis drinks market, which uses the non-psychoactive chemical in marijuana to make wellness drinks. “The space is evolving quickly,” it said in...
October 31, 2017
Constellation Brands, a beer distributor that owns Corona, announced that it has signed an agreement to buy an almost 10 percent stake in Canopy Growth Corporation, the world’s largest publicly...
