Grocery e-commerce is on fire! 🔥 June report shows an 8% increase in online grocery sales. The main driver? Delivery sales, with an impressive 18% rise, fueled by major retailers' promotions! Learn more about these trends today: https://bit.ly/3W6EAn3 #IndustryNews
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Deloitte Principal | Senior Executive Advisor | Retail | Apparel | Consumer Products Leader -- Transformation & M&A
In February 2024, US online grocery sales declined to $7.9 billion, marking a 10.5% decrease from February 2023 due to lower average order values (AOV). Ship-to-home and pickup sales dropped by 15.4% and 12.8%, respectively, while delivery increased by 4.7%. Despite the decline in AOV, monthly active users (MAUs) notably expanded, particularly in delivery. Although overall order volume remained steady, delivery surpassed pickup and ship-to-home, leading to a shift in market share. The drop in online grocery sales in February signals a shift in consumer behavior, likely influenced by cost considerations amid economic pressures. Regional grocers must adapt by leveraging data-driven insights to personalize experiences and offer targeted savings and loyalty to retain customers. Differentiation through personalized service will be crucial for region. https://lnkd.in/gtuHN78V
Online grocery sales in big drop in February
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🚀 Don't underestimate the power of online sales this year! 💻 We couldn't agree more with the predictions outlined in this article, as online purchasing continues to soar. In fact, a whopping 71.7% of US households opted for online grocery shopping—a significant shift from historical trends favoring in-store purchases. Embrace the digital wave and stay ahead of the curve! 🌊 #OnlineSales #DigitalTransformation #ECommerceTrends 📈🛒 https://lnkd.in/dBb8PRrr
The Supply Side: Online grocery sales expected to reach $204.61B in 2024 - Talk Business & Politics
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Online grocery sales in June 2024 grew compared to June 2023. They also grew compared to May 2024, which saw a year-over-year decline. https://hubs.ly/Q02H6PjK0 #onlinegrocery #ecommerce #onlineretail #retail #consumerinsights #fulfillment
June online grocery sales grow as fulfillment methods get more use
https://www.digitalcommerce360.com
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Top Retail Expert | Retail Merchant | Omnichannel Consultant | Educator | Author | Mentor | Speaker | Podcaster | Advisory Board Member | eCommerce Executive
Grocery e-commerce sales totaled $6.8 billion in May, a decline of just under 1% compared with the same period last year, according to data released Tuesday by Brick Meets Click and Mercatus. Pickup orders accounted for nearly half of U.S. digital grocery sales, while delivery represented about a third of the market and the ship-to-home channel claimed a share of around 19%. Mass retailers again expanded their base of online customers last month as traditional grocers lost digital shoppers, underscoring the challenges supermarket operators face in the e-commerce sphere. #groceryretail #omnichannelretail #digitalgrocery #retailsales
Grocery e-commerce sales move down slightly in May
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Grocery e-commerce sales totaled $6.8 billion in May, a decline of just under 1% compared with the same period last year, according to data released Tuesday by Brick Meets Click and mercatus Pickup orders accounted for nearly half of U.S. digital grocery sales, while delivery represented about a third of the market and the ship-to-home channel claimed a share of around 19%. Mass retailers again expanded their base of online customers last month as traditional grocers lost digital shoppers, underscoring the challenges supermarket operators face in the e-commerce sphere.
Grocery e-commerce sales move down slightly in May
grocerydive.com
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Grocery e-commerce sales came in at $7.7 billion in June, a gain of 8% compared with the same period in 2023 that was driven by a sharp increase in delivery orders, according to data released Monday by Brick Meets Click and Mercatus. Pickup claimed 45% of U.S. online grocery sales last month, followed by delivery, which accounted for more than a third of the market. The ship-to-home channel notched just under 17% of the market. Mass retailers attracted a larger share of the grocery e-commerce sector than they did a year ago while traditional supermarkets continued to lose ground in the digital arena. Brick Meets Click Mercatus
Online grocery sales surge in June, driven by delivery
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Grocery e-commerce sales dropped 10.5% in February compared with the same period last year, to $7.9 billion, as the value of the average order fell for all fulfillment channels, according to data released Wednesday by Brick Meets Click and Mercatus Pickup accounted for about 43% of online grocery sales, delivery claimed approximately 39% of the market and the ship-to-home segment notched a nearly 18% share. Traditional supermarkets recorded a significantly larger decline than Walmart in the average value of the pickup and delivery orders they processed, underscoring the powerful role the mass merchant plays in the digital grocery space.
Grocery e-commerce sales plummet in February
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Top Retail Expert | Retail Merchant | Omnichannel Consultant | Educator | Author | Mentor | Speaker | Podcaster | Advisory Board Member | eCommerce Executive
U.S. consumers spent $7.7 billion in June for online grocery orders, up 2.9% from May and 8.4% higher than a year ago, according to Bricks Meets Clicks/Mercatus shopper survey. Online grocery orders grew by $600 million from a year ago. Delivery sales again surged amid aggressive promotions from retailers. Ship-to-home orders also posted strong results due to higher spending per order and pickup held steady year-over-year, Mercatus reports. #groceryretail #omnichannelretail #onlinegrocery
Online grocery sales rise 8.4% in June from year ago - Talk Business & Politics
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Back in 2020, as the COVID-19 pandemic was just starting its global shakeup, the U.S. #grocery industry transformed seemingly overnight. Suddenly, legions of consumers who’d never before bought groceries online began forgoing store visits in favor of curbside pickup or at-home delivery. Brick-and-mortar #retailers scrambled to keep up with demand, often building up their click-and-collect and delivery infrastructures on the fly. At the time, many analysts predicted a good shake of shoppers would stick with grocery e-commerce long after the pandemic ended. They theorized that consumers who had experienced easy, timesaving, online ordering would have little incentive to resume in-store shopping. Read on: https://utm.io/ug30B #ecommerce #naturalproducts #retail
E-grocery sales growth slows, but expected to be significant by 2028
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19% of total US e-commerce sales by 2026 will be Online Groceries! This signals a major shift in consumer behavior, with more people choosing the convenience of online grocery shopping. As a result, the need for agile and data-driven pricing becomes undeniable. This is what Quicklizard (TASE:QLRD) was built for, allowing Retailers and Grocers the ability to maintain and optimize their pricing strategies whilst increasing the profit margins. If this seems like something that can be relevant, let me know, and we can start a productive conversation to understand the mutual fit.
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