Future of Grocery Retail Shopping
Author | : Chin Soon Chua |
Publisher | : |
Total Pages | : 31 |
Release | : 2018 |
ISBN-10 | : OCLC:1051238707 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book Future of Grocery Retail Shopping written by Chin Soon Chua and published by . This book was released on 2018 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advancement in technology has potential to significantly disrupt the grocery retail market in the U.S. by channeling sales from offline brick-and-mortar stores such as Walmart and Kroger to online e-retailers such as Amazon, Peapod, FreshDirect, and Instacart. Ecommerce grocery retailers have invested heavily in technology, warehouses, and transportation fleets. However, as of 2016, e-commerce grocery sales still only contributed approximately 3% of the total grocery retail sales in the U.S. This thesis first identifies and explains the obstacles to the expected growth of the e-commerce grocery market, and then introduces strategies for ameliorating these challenges and sustaining competitive advantage.