Why the Grocery Sector is Poised to Join the Platform Revolution

By Laura Hare on October 17, 2018

The global grocery market is on the cusp of transformation. It’s predicted to double in value from  $150 billion in 2017 to $334 billion by 2022. And whilst it remains the largest retail category in the US, it’s also the least penetrated.

Continue Reading

The Rise of Online Marketplaces in Digital Grocery

By Laura Hare on September 4, 2018

Grocery retailing is being profoundly transformed. It’s predicted that within a decade, grocery shopping as we remember it will be unrecognizable. Amazon’s acquisition of Whole Foods in 2017 marked a milestone in the evolution of the grocery store, bringing an eCommerce first, technology-driven approach to a sector noted for its digital latency. The Food Marketing Institute and Nielson together estimate that 70 percent of consumers will buy at least some groceries online in the next five to seven years. In fact, online grocery sales are predicted to reach $100 billion by 2022 in North America alone.

Continue Reading