June 19, 2024

Video: eGrocery Insights - May 2024

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In this latest episode of the US eGrocery Sales Trend video series, Mark Fairhurst, Chief Growth Officer at Mercatus, David Bishop, Partner at Brick Meets Click jump right into May '24 $6.8 billion in eGrocery sales, a slight decline from one year ago.

Providing essential insights for grocery retailers, suppliers, and analysts, the conversation between Mark and David includes many topics such as:
  • New feature: Why this installment is dedicated to Richard Szwanek, Senior Director of eCommerce at Albertsons Companies
  • How the slip dip for May '24 was expected
  • Strategies for dealing with the growth of Mass
  • What to expect in the short-term relative to the economic pressures and online grocery sales

Chapters

0:00 - Introduction & special call out to Richard Szwanek, Senior Director of eCommerce at Albertsons Companies

2:06 - The Impact of Seasonal Patterns on Sales

4:24 - Role of Promotions by Instacart and Walmart

6:44 - Subscription Models and Customer Retention

8:53 - Conversion Challenges: Third-Party to First-Party Services

13:27 - Predictions: Summer Sales and Economic Pressures

20:15 - Conclusion