By Russell Redman Source: Supermarket News Grocery sales climbed more than 8% in December and more than doubled that growth rate on a two-year stack, according to national retail sales tracker MasterCard SpendingPulse. Year over year, grocery retail sales rose 8.3% for December, Purchase, N.Y.-based MasterCard reported yesterday. Since December [...]
By Sam Silverstein Source: Grocery Dive Sales at Albertsons have returned to their levels before the pandemic started in early 2020, according to an analysis of consumer transaction data published Tuesday by Bloomberg Second Measure. The grocer is also seeing fewer shoppers than it did prior to the onset of [...]
By Michael Boyle Source: Bloomberg Supermarket prices are rising, and restaurants are reopening. But Americans keep stocking up on groceries. Grocery sales accelerated in late May and early June, according to Nielsen data cited in a Morgan Stanley note. That’s despite restaurant revenue growth turning positive in April for the [...]
Source: Produce Blue Book The U.S. online grocery market finished March with $9.3 billion in sales, a return to January’s record spending levels, as over 69 million households placed an average of 2.8 online orders during the month, according to Brick Meets Click/Mercatus Grocery Shopping Survey fielded March 26-28, 2021. [...]
Shoppers raided grocery store shelves in 2020, stocking up their pantries and dining increasingly at home as the COVID-19 pandemic spread. Now analysts and investors are concerned that sales will come back down to Earth in 2021, driving comparable sales declines across the sector. “Food and discount retailers were COVID-19 [...]