Tag: brick meets click

The U.S. online grocery market ended October 2024 with $10.5 billion in monthly sales, an impressive 27.9% increase over last year as all three receiving methods posted solid year-over-year (YOY) sales growth according to the Brick Meets Click/Mercatus Grocery Shopper Survey fielded October 30-31, 2024.

Online grocery in the U.S. experienced robust growth in the third quarter of 2024 (3Q24), with total sales rising by 13.8% to $27.4 billion compared to $24.0 billion for the same period in 2023.

Increased online penetration into the affluent household segment by Walmart has come at a time when lower-income households at many formats/banners are pulling back their online spending to varying degrees.

August also marked the third straight month of high-single-digit sales gains for eGrocery in 2024.

The total U.S. online grocery market ended July 2024 with $7.9 billion in monthly sales, a 9.2% increase over last year.

Walmart captured 37% of the U.S. online grocery market in the second quarter of 2024, climbing 150 basis points (bps) versus last year to mark its highest share level to date,

The U.S. online grocery market finished June 2024 with $7.7 billion in monthly sales, an 8.0% increase over last year.

Pickup sales slip year-over-year while Delivery holds steady, likely aided by strong promotional activity aimed at locking customers into annual membership plans.

The April U.S. online grocery market grew 4.4% versus last year, driven by growth across all three receiving segments, as the monthly sales jumped to $8.5 billion, according to the most recent Brick Meets Click/Mercatus Grocery Shopper Survey fielded April 29-30, 2024.

Overall grocery sales in the U.S. are forecast to grow at a compound annual growth rate (CAGR) of 1.6% through 2028, considerably slower than the 5.6% posted over the five years ending in 2023, which were powered by the pandemic and price inflation.