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Tag Archive: BevMo

On-Demand Delivery, Part 2: New Players Take Aim

On-demand apps and delivery providers not initially established for beverage alcohol have been getting aggressive in the space as it continues to gather momentum.

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Posted in News on April 27, 2022

Gopuff’s Revenue Totaled $2 Billion Last Year, IPO On Hold

Philadelphia-based instant needs delivery company Gopuff saw revenues reach $2 billion last year, while posting an EBITDA loss of around $500 million, Axios reported. Continue reading →

Posted in News on April 15, 2022

GoPuff Founder Talks BevMo Purchase, E-Commerce Outlook

Late last year, Philadelphia-based e-commerce giant GoPuff—valued at $3.9 billion—made a splash in the drinks business with its acquisition of West Coast retail chain BevMo. Continue reading →

Posted in News on March 18, 2021

Update: GoPuff Confirms $350 Million Acquisition Of BevMo

Yesterday afternoon news emerged that delivery startup GoPuff, recently valued at $3.9 billion, was eyeing a $350 million acquisition of West Coast retailer BevMo. Continue reading →

Posted in News on November 6, 2020

Retailers See Cigar Sales Benefiting From Similar Growth Trends Seen On The Drinks Side

With bars and restaurants shut down for most of the spring season, off-premise sales of wine, beer, and spirits have all seen strong upticks. Continue reading →

Posted in News on May 21, 2020

Shift To The Off-Premise Continues, As Retailers Emphasize Pickup And Delivery

With key states including California, New York, Illinois, New Jersey, Ohio, and Connecticut issuing broad stay-at-home orders, beverage alcohol retailers remain open in most states (with the exception of PLCB stores in Pennsylvania, which have closed to both online and in-store traffic). Continue reading →

Posted in News on March 23, 2020

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