by Brittain Ladd | Mar 15, 2023 | Grocery, No Retreat, No Surrender
Let me begin by thanking Thomas Lee for quoting me in this article. This article and this article are also related. The question I am asked the most is this: Why does Amazon want to be in the grocery business? The answer is simple. The grocery industry in the U.S. is...
by Brittain Ladd | Mar 18, 2022 | Articles, Delivery, Forbes, Grocery
GETTY Read original article on Forbes In May 2020, the Germany-based company Gorillas launched a new business model referred to as rapid grocery delivery. Instead of groceries being delivered in hours or days, Gorillas created a model using small retail locations...
by Brittain Ladd | Feb 4, 2022 | Articles, Delivery, Forbes, Grocery, Retailers
GETTY Read original article on Forbes On June 16, 2017, Amazon announced (paywall) that it would acquire the specialty retailer Whole Foods for $13.4 billion. I heard people speculate that Amazon would have an immediate impact on the grocery industry and that within...
by Brittain Ladd | Nov 22, 2021 | Articles, Forbes, Grocery, Microfulfillment
GETTY Read original article on Forbes As a report from eMarketer shows, at the height of the pandemic in 2020, many consumers ordered their groceries online — which resulted in 63.9% growth in e-commerce grocery sales that year. In 2021, the report estimates that...
by Brittain Ladd | Sep 22, 2021 | Articles, Forbes, Grocery, Microfulfillment
GETTY Read original article on Forbes The $1.04 trillion-plus grocery industry is projected to continue growing, and investments from venture capital firms, Wall Street banks and private investors are supercharging innovation. In particular, micro-fulfillment centers...
by Brittain Ladd | Jun 22, 2021 | Articles, Delivery, Forbes, Grocery, Retailers
GETTY Read original article on Forbes Prior to the pandemic, online grocery shopping accounted for just 5% of all grocery sales in 2019, according to data from Mercator Advisory Group. As of February 2021, online grocery shopping had increased 230% from pre-pandemic...