No and Low Alcohol Sales Soar as Mainstream Choice
- Record demand for no and low alcohol drinks predicted by Tesco this Christmas
- No and low alcohol beer sales up more than 20%
- No/low wine sales increased nearly 15%
- Demand for alternatives to spirits grew by almost 10%
- Tesco’s strongest year in 2023 with sustained high demand
- No and low alcohol drinks popular all year round, not just special occasions
- Lucky Saint, Athletic Brewing, Guinness 0%, Clean Co, Nozeco, Not Guilty, Kylie 0% Sparkling Rosé leading the boom
Tesco predicts a record demand for no and low alcohol beer, wine, and spirits this Christmas due to increased consumer confidence in quality, health-conscious choices, and wider product selection. No and low alcohol beer sales soared by over 20%, no/low wine rose by nearly 15%, and alternatives to spirits grew by almost 10%. The trend is expected to surpass Dry January’s sales. Leading brands include Lucky Saint, Athletic Brewing, Guinness 0%, Clean Co, Nozeco, Not Guilty, and Kylie 0% Sparkling Rosé.
Factuality Level: 8
Factuality Justification: The article provides accurate information about the increase in demand for no and low alcohol drinks at Tesco, citing specific sales figures and attributing the growth to factors such as quality, health concerns, product variety, and ease of selection. It also includes quotes from a Tesco buyer and a CEO of a related charity organization.
Noise Level: 2
Noise Justification: The article provides relevant information about the increasing demand for no and low alcohol drinks and offers insights into the reasons behind this trend, including quality improvements, health concerns, and product availability. It also includes expert opinions from Tesco’s buyer and a charity CEO. The content is focused on the topic and supports its claims with sales data.
Financial Relevance: Yes
Financial Markets Impacted: Tesco’s sales and stock prices
Financial Rating Justification: The article discusses Tesco’s record sales in no and low alcohol beer, wines, and spirits, which can impact the company’s financial performance and potentially affect its stock prices.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: Minor
Extreme Rating Justification: There is no mention of an extreme event in the text.
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