TODAY'S NEWS

GoPuff buys BevMo delivery service for $350 million

The Philadelphia-based GoPuff delivery service has agreed to buy California-based liquor delivery service BevMo and its 161 West Coast stores for $350 million. GoPuff has seen sales increase significantly since the onset of the COVID-19 pandemic and subsequent shutdowns. “Through this acquisition, GoPuff will operate coast-to-coast," said GoPuff co-chief executive Rafael Ilishayev.

Full-service restaurants may not recover until 2025

Although restaurant sales should bounce back in 2021, they will not fully recover until much later. According to Technomic, limited-service restaurants are projected to fully recover by 2023. The full-service sector, on the other hand, isn't expected to return to pre-pandemic numbers until 2025.

Uber scales up grocery business

Grocery is currently just a small part of Uber's fast-growing food-delivery segment, but it represents a key opportunity for growth. In September, Uber's global grocery-delivery operation generated gross bookings at a $1 billion annualized run rate, and it is expected to bring in business at multiple times that pace in 2021. Check out the full article for more on how Uber's delivery operations are overtaking ride sharing.

DISTRIBUTOR EMPLOYEE SPOTLIGHT

Dorian McClelland
High Country Beverage Corp.
Johnstown, CO

America's more than 3,000 licensed beer distribution facilities employ more than 140,000 men and women across the country. The NBWA Employee Spotlight Program highlights standout beer distribution employees and showcases their achievements. Nominate an employee today!
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