Thursday, June 27, 2019

Can Kroger Catch Walmart in Online Grocery Sales?

Yahoo Finance
Walmart surpassed Amazon.com last year as the favorite destination for online grocery shoppers. Having added so many options for buying and getting groceries -- including a recently rolled out direct delivery-to-refrigerator service -- the retail giant zipped passed its e-commerce rival with 33% of online shoppers choosing Walmart, versus 31% for Amazon.

Yet in terms of actual dollar sales, Amazon is still the king, selling $8.2 billion worth of groceries online in 2018, a 12.5% increase over the year before, according to data from Edge by Ascential. Walmart was a distant second with just $2.8 billion of groceries sold, up 10% year over year. . . . more