• Home
  • About
    • About Axcelora
    • Our Process
    • Management Team
  • Service Providers
  • Partners
  • FAQ
  • Blog
  • Contact
  • Partner Login
    • Partner Login
Axcelora | Making the Cold Call Obsolete
  • Home
  • About
    • About Axcelora
    • Our Process
    • Management Team
  • Service Providers
  • Partners
  • FAQ
  • Blog
  • Contact
  • Partner Login
    • Partner Login

Grocery Companies Making Bank During the Pandemic

10/9/2020

0 Comments

 
Picture
Now that many months have passed, some trends in the Grocery industry have become apparent. Big box grocers such as Target and Walmart have had consistent and significant growth during the pandemic because they already had efficient ecommerce platforms, and they continued to enhance services with Walmart increasing curbside pickup locations and same day delivery and Target adding fresh and frozen groceries to their pick-up offering. According to consulting firm Brick Meets Click (BMC), June 2020 online shopping had risen to 45.6 million households compared to 13.1 million in 2019.
​
Grocers without an active ecommerce platform had to accommodate shoppers with more frequent sanitizing, social distancing markers, face mask, shields at the check-out counter and other requirements suggested or required by governing health administrations. Even after these precautions, many have had to develop or improve their online presence and add curbside pick-up and delivery. The good news for this industry has been the increase in demand for their products – generated in large part by consumers working from home and avoiding dining out. As a side note, many of the top brands in meal preparation and delivery like Hello Fresh and Nutrisystem have experienced skyrocketing sales as a result of people spending more time at home and less at restaurants. Taking advantage of this trend, several small businesses that offer meal prep and delivery are also seeing increased demand. 
0 Comments



Leave a Reply.

    Author

    Rich Hollander is a retail expert with over 40 years in the industry.

    Archives

    September 2021
    November 2020
    October 2020
    April 2020
    August 2019
    April 2019
    February 2019
    June 2018
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    March 2016
    February 2016
    December 2015
    November 2015
    October 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015

    Categories

    All

    RSS Feed

© Copyright 2016 Axcelora, LLC.
All rights reserved.
  • Home
  • About
    • About Axcelora
    • Our Process
    • Management Team
  • Service Providers
  • Partners
  • FAQ
  • Blog
  • Contact
  • Partner Login
    • Partner Login