Already the largest grocer in the US, Walmart has benefited from higher-income shoppers looking to save on groceries. Roughly 75% of its market share gain in grocery came from households making more than $100,000 in the past two quarters, the company said last month.
Article
| Dec 7, 2022
Report: US Digital Grocery Forecast 2022 Spotlight. Article: Inflation is driving digital grocery growth in the US, but there’s more to the story. Article: 4 tech innovations giving Amazon an edge in grocery. Read yesterday’s Chart of the Day here.
Article
| Oct 14, 2022
Particularly in grocery, click and collect has gained traction since consumers have qualms with ordering certain food items online. Loblaw, Sobeys, and Metro—the main national grocery chains—invested early in click-and-collect capabilities and can capitalize on the country’s nascent digital grocery market. Cross-border buying is big in Canada.
Report
| Jul 29, 2022
Deliveroo’s rapid grocery venture Hop has begun offering grocery-as-a-service to retailers, per The Grocer. India-based food delivery platform Zomato finalized its purchase of rapid delivery company Blinkit for 44.47 billion rupees ($602 million), per Reuters. Gorillas officially exited the Belgian market last week as it focuses on achieving profitability.
Article
| Jun 28, 2022
Is 15-minute grocery delivery too fast? The news: The grocery delivery boom brought on by the pandemic only heated up in 2021, creating a congested field of competitors looking to outdo one another with faster and faster delivery times, resulting in the widespread promise of 15-minute delivery.
Article
| Jan 14, 2022
Prime day pushes to in-store and grocery. Household essentials were popular at this year’s Prime Day event, and Amazon is leaning in. Lipsman, whose Chicagoland location is close to many Amazon Fresh stores, received dozens of mailers ahead of Prime Day offering in-store discounts on grocery and CPG.
Article
| Jul 27, 2022
How we got here: As in the United States, grocery delivery apps really began to thrive during the pandemic as consumers in China adjusted to the realities of lockdown life. That led to a wave of venture capital and a number of new players vying for market share.
Article
| Jun 8, 2022
Discount stores and club retailers: Unsurprisingly, as gas and grocery prices rose, more shoppers began turning to discount and club retailers for some relief at the pump and at the cash register. Foot traffic to discount grocers like Aldi and Grocery Outlet rose in Q3, in contrast to the wider grocery category’s drop in visits, per Placer.ai.
Article
| Dec 22, 2022
Overall, grocery neared 10% ecommerce penetration in the US in 2022, according to our forecast. Within that category, there’s a disparity in penetration. Pet products already hit 36.0% penetration, while food and beverage remains lower.
Article
| Jan 4, 2023
“It has 5,300 stores, and a lot are in rural locations where Walmart is the only significant grocery store for miles. In addition to that, it has a bunch of distribution centers, and it’s building more.”. Walmart also offers customers a one-stop-shop experience, so it’s easy to combine grocery orders with other household needs.
Article
| Aug 30, 2022
McDonald’s and Chipotle are in a good position going into 2023, as consumers trade down from more expensive dining options and look for an escape from skyrocketing grocery prices.
Article
| Dec 21, 2022
The bulk of these partnerships are in the grocery and convenience categories, but the delivery platforms also work with retailers like Bed Bath & Beyond, Best Buy, Lowe’s, PetSmart, and Sephora. Delivery companies’ share of total US digital grocery sales is approaching 30%, according to our forecast.
Article
| Dec 19, 2022
“Groceries will be a significant driver for Walmart’s ecommerce sales, with the expansion of its free delivery membership services,” Lau said. “Groceries account for 55% of Walmart’s sales–more than any other category–and we expect the company’s grocery ecommerce sales to represent 27.6% of the total grocery ecommerce market this year.
Article
| Aug 16, 2022
Grocery, in-store, and international: Where Amazon isn’t on top. US Cross-Border Buyers Forecast 2023 (Insider Intelligence subscription required). More Chart of the Day:. 6/13 - Top of the funnel to you. 6/12 - YouTube’s retail rush. 6/9 - Make it discount. 6/8 - Google’s biggest rivals. 6/7 - Social’s slow show.
Article
| Jun 13, 2023
Chart
| Sep 7, 2023
Source: iQmetrix
Nothing can compare to the sky-high growth of 2020, but Instacart has managed to achieve double-digit grocery sales growth over the past two years, a trend we expect will continue into 2024. Though still a small fraction of total grocery sales, we predict Instacart’s share will grow from 1.9% in 2020 to 2.7% by 2024. 2. The battle for market share is on.
Article
| Feb 10, 2023
Walmart’s strengths lie in grocery, retail media, but fulfillment spells an opportunity. 3 ways retailers like Walmart, Target, and Costco use private label to keep costs down, build brand loyalty. TikTok bets big on livestream commerce, aims for $20B in global sales. How Ikea innovates to keep up with an expanding ecommerce market.
Article
| Jun 15, 2023
Walmart should be able to navigate these uncertain times by focusing on its grocery business and fostering its Walmart+ membership program. The retailer has been increasing its Walmart+ offerings, which now include fuel discounts and the expansion of free delivery for members.
Report
| Jul 26, 2022
It's trying to get its grocery customers to move into non-grocery. I think in their most recent earnings call, they noted that almost half of their Walmart Plus members are coming from online pickup and delivery channels. So that's really one of the drivers of membership for them and a lot of that is grocery of course.
Audio
| May 31, 2023
Grocery purchases during the holiday season will grow 10.5% to $13.3 billion, though inflation is accounting for most of the dollar growth. Grocery is a relative newcomer to ecommerce. “That’s not something we talked about five years ago, but now [it’s] a crucial part of the online shopping world,” said Schreiner.
Article
| Nov 3, 2022
Meeting customers’ grocery needs: While Amazon has a significant grocery business, Jassy acknowledged the company has yet to find the right scalable model. It recognizes the need to expand its physical footprint, given that the vast majority of grocery sales occur offline. (Our US Grocery Retail Ecommerce Sales forecast suggests 88% of sales will be offline this year.).
Article
| Apr 13, 2023
The moves aim to solidify Instacart’s strong position within the digital grocery space. We estimate that the company’s grocery sales will grow 17.4% this year to $30.60 billion. That will account for 2.2% of total grocery sales. We expect that share to rise to 2.7% by 2024.
Article
| Sep 19, 2022
Grocery prices rose 13.5% in August, a 43-year high, per the US Bureau of Labor Statistics. In response, Albertsons last week announced a new partnership with affordable, mixed-income and market-rate housing company WinnCompanies that will enable it to deliver groceries, prescriptions, and vaccination services directly to over 133,000 residents across WinnCompanies’ 520 properties.
Article
| Sep 16, 2022
Amazon’s ecommerce grocery sales will see strong growth over the next two years. However, the retailer’s (comparatively) small brick-and-mortar footprint, coupled with slower click-and-collect sales growth, will hinder it from gaining share of total sales. Big picture: In the last five years, Amazon has shaped Whole Foods into a strong competitor in the fight for grocery dollars.
Article
| Oct 5, 2022
Instacart has been a huge beneficiary of this growth, generating 73.8% of third-party intermediary grocery sales in 2021. And these third-party delivery services will make up 28.8% of total digital grocery sales this year.
Article
| Nov 17, 2021