Articles Tagged with ''grocery trends''

Report: Global online grocery market to create $227B growth opportunity by 2023

Research shows that around the globe, online grocery market growth is being driven by the twin enablers of rapidly evolving shopper expectations and exciting tech innovations.
November 26, 2018
Ten leading global online grocery markets are predicted to experience combined growth of $227 billion, at an annual rate of 20%, by 2023, according to new figures unveiled by IGD, UK.
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default online grocery app

Study: Online grocery sales will quadruple by 2023

Most of the market’s growth has occurred since 2016, as e-commerce platforms and conventional grocery stores increased their participation and geographic footprint with expanded service areas.
October 19, 2018
Online grocery sales more than tripled between 2013-2018, but, between 2018-2023, online grocery sales will more than quadruple, according to “Online Grocery Shopping in the U.S., 2nd Edition,” a report published by Packaged Facts, Rockville, Md.
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Mi9 Retail to acquire MyWebGrocer

The addition of MWG enhances the Mi9 Retail suite, giving the company an entry into the grocery vertical and positioning Mi9 even more aggressively within fast-moving consumer goods.
October 19, 2018
Mi9 Retail, Miami, Fla., announced plans to acquire MyWebGrocer (MWG), Colchester, Vt.
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Study reveals brick-and-mortar grocery is still king

Despite a 4-point year-over-year increase, the number of regular online food and beverage purchasers is still only 17%.
October 18, 2018
Food and beverage categories have seen an increase over the last two years, as many major retailers experienced same-store sales rise thanks to an increase in median income and a low unemployment rate, according to the 6th Annual Food and Beverage Consumables Study.
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Symphony RetailAI SR Demand ForecastingAI

AI tool improves forecasting accuracy

October 15, 2018
Symphony RetailAI, Dallas, Texas, released SR Demand ForecastingAI, which is equipped with machine learning to help retailers understand external impacts, determine relevance and improve forecasting accuracy.
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Report reveals private brands making big comeback

For instance, 69% of consumers said it’s very or somewhat important to have a good assortment of private brands in food and beverage.
July 11, 2018
Private brand performance within the grocery channel dramatically increased in the past year, posting annual sales of $138 billion across multi-outlet plus convenience store retail channels in the United States in 2017, according to new insights from Food Marketing Institute (FMI), Arlington, Va., and IRI, Chicago.
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MyWebGrocer, Content Analytics partner to improve product discovery, content accuracy

With the Content Analytics’ platform, brands are empowered to quickly change and update key consumer purchase consideration features, such as nutritional information and product size labeling.
June 18, 2018
MyWebGrocer (MWG), Winooski, Vt., partnered with Content Analytics, San Francisco, to provide a one-stop location to update and propagate product information across MWG’s retailer e-commerce properties.
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ALDI to lease next to Kohl’s stores

The grocer will set up shop right next door to about 5-10 Kohl’s locations.
March 5, 2018
ALDI, Inc., Batavia, Ill., is rumored to lease newly opened space next to Kohl’s stores, as a pilot project to increase business.
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