Tag: brick meets click

U.S. online grocery sales are forecast to grow at a compound average growth rate (CAGR) of 11.7% over the next five years, increasing online’s share of overall grocery spending from 11.2% in 2022 to 13.6% in 2027, according to the 2023 Brick Meets Click/Mercatus 5-Year Grocery Sales Forecast.

The U.S. online grocery market finished December with $9.1 billion in total sales, up 2.4% compared to a year ago, and only 2% lower than the record high of $9.3 Billion last seen in Q1 of 2021, according to the monthly Brick Meets Click/Mercatus Grocery Shopping Survey fielded December 28-29, 2022.

The U.S. online grocery market finished November with $7.7 billion in total sales, down 10% compared to a year ago, but only 2% lower than the $7.8 billion reported for the two prior months, according to the monthly Brick Meets Click/Mercatus Grocery Shopping Survey fielded November 29-30, 2022.

During October, and unlike the prior month, all three segments (Pickup, Delivery, and Ship-to-Home) experienced slowdowns in spending per transaction, declining 5% in aggregate versus the same period last year.

Customers who had a positive online grocery customer experience were 2.2 times more likely to use that service more often than those who had a negative experience, according to Omnichannel Shopper Behavior Report 2022 Vol 3, from Mercatus, fielded October 6 - 10, 2022.

Pickup, the largest segment of eGrocery sales, had a mixed third quarter with total sales up 1% despite a 6% drop in September sales versus the prior year. The growth in quarterly sales was the result of shifts in its user base and order frequency being offset by ongoing growth in spending each month.

Total U.S. online grocery sales slipped by less than 1% versus last year to $8.5 billion in August according to the Brick Meets Click/Mercatus Grocery Shopping Survey fielded Aug 29-30, 2022.

Total U.S. online grocery sales for July jumped 17% year over year to $7.8 billion, driven by inflationary pressures and strong demand for Delivery and Pickup services triggered by ongoing COVID concerns, according to the Brick Meets Click/Mercatus Grocery Shopping Survey fielded July 29-30, 2022.

Despite the current inflationary environment, a significant number of grocery customers continue to shop using online channels.

Total online grocery sales finished the month of May at $7.1 billion, 1.7% higher versus a year ago, as inflation is motivating many customers to adapt where and how they shop online for groceries, according to the Brick Meets Click/Mercatus Grocery Shopping Survey fielded May 28-29, 2022.