By Brandon Gomez Source: CNBC The U.S. grocery slowdown is becoming harder to ignore. Shoppers are buying fewer items than a year ago, and grocery sales are declining as weakening unit sales are now outweighing rising prices. That is according to new analysis from Bain & Company using NielsenIQ grocery [...]
Source: Supermarket News Monthly U.S. online grocery sales rose sharply in December, increasing 32% from a year earlier to a record $12.7 billion, according to data released Thursday from the Brick Meets Click Grocery Shopper Survey. The growth was driven by higher order frequency, increased spending per order and an [...]
By Catherine Douglas Moran Source: Grocery Dive Walmart accounted for nearly 36% of all U.S. online grocery sales in the second quarter — achieving a new record high for the retailer that’s up 5 percentage points from its share a year prior, according to a new report produced by Brick [...]
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 [...]