Friday, February 16, 2018

The Future Of The Supermarket: Fresh Is King

Forbes

E-commerce is disrupting the arena of the traditional supermarket industry. Old moguls, like Walmart and Costco, have initiated their own online businesses to survive this seismic shift. Walmart's net sales from e-commerce grew 60% and 50% in Q2 and Q3 of 2017 respectively, while total sales grew just 1.8% and 2.7% over the same periods. It seems that the traditional supermarket industry will migrate to the internet, leaving physical stores to decay in their tombs.

So, will online shopping completely replace traditional physical stores in the supermarket industry? The answer is a big no.. . . more