US Retail Sales By Category [CHART]
Since the early days of the internet, entrepreneurs have dreamed of moving grocery shopping online. It’s finally starting to happen.
We’ve created these slides to preview our report on how e-commerce is finally beginning to carve up the groceries market, the biggest untapped e-commerce opportunity. Americans spend $600 billion a year on groceries, the largest retail category by far. Less than 1% of those sales occur online. Same-day delivery services, specialty grocers, and meal-preparation businesses will drive fast growth in online groceries — much faster rate than offline. Read the rest at Business Insider.