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...
by Brittain Ladd | May 17, 2021 | Articles, Forbes, Grocery, Microfulfillment, Retail, Retailers
GETTY Read original article on Forbes Surging e-commerce sales appear to be accelerating demand for logistics automation as retailers adjust their business models to adapt to changing economic conditions and consumer behavior. One of the industries that has been most...
by Brittain Ladd | Jan 28, 2021 | Articles, E-Commerce, Grocery, No Retreat, No Surrender
A challenge faced by vendors that wish to introduce new technology into the grocery industry is that many grocery retailers are risk averse. Instead of jumping at the chance to embrace new technology, most retailers take a ‘wait and see’ approach....