Friday, July 20, 2018

Amazon bulks up its online grocery market share

Supermarket News Inc. has captured 18% of U.S. online grocery sales since 2017, giving it the largest share by far of any single retailer, according to e-commerce intelligence firm One Click Retail.

In a report released Thursday, One Click Retail estimated Amazon’s second-quarter grocery sales at $650 million, up 40% year over year. That growth comes with “nearly every category attracting more and more grocery shoppers to Amazon,” according to report author Jacob Porter, director of global marketing at One Click.. . . more