Trendspotting: Record-breaking month for online grocery sales
By
Craig Levitt
Trendspotting: Record-breaking month for online grocery sales
By
Craig Levitt
July was a record-setting month for the online grocery segment. Sales totaled $10 billion, a 26 percent increase from the prior year, according to the latest Brick Meets Click Grocery Shopper Survey, sponsored by Mercatus.
The surge in sales can be attributed to record-high household penetration, strong order activity and solid gains in spending rates, which helped online capture over 17 percent of total grocery spending during the month.
Philip Henry, who served as president of the
