Grocers Should Incorporate E-Commerce Sooner Than Later

 In International
Groceries account for more than $600 billion per year in sales, making it the largest retail category in the country. However, less than 1 percent of food and beverage sales takes place online today. Supermarket retailers that do not offer e-commerce surely have been investigating, as they should. Grocers understand that shopping habits are changing.  
Today’s consumers are using smartphones and tablets every day to research products and make purchases. They are getting used to buying products when they want and how they want. Most of this activity has been in areas such as home electronics and household goods, but grocery has the potential to increase e-sales quickly.  
Researcher BI Intelligence estimates that between 2013 and 2018, online grocery sales will grow at a compound annual growth rate (CAGR) of 21.1 percent, reaching nearly $18 billion by the end of the same period. For contrast, offline grocery sales will increase by only 3.1 percent annually during the timeframe.  Progressive Grocer – Read more…

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