Walmart’s e-commerce growth is driven by online grocery - Business Insider

a year ago, and represents the sixth consecutive quarter where it posted 37%-43% YoY growth. The company also specifically noted that this quarter's performance included "strong growth in online grocery." grocer in the US, online grocery can be a lucrative segment for it — and it has the potential to drive nongrocery e-commerce purchases, too.

If it can keep them around — and even bring in new grocery customers — online grocery could be a major growth driver for Walmart's e-commerce and overall sales. Walmart also has the chance to convince its online grocery customers to purchase other types of products from it online since it'll have an established relationship with them, potentially bolstering its overall performance.

Walmart is still expanding and developing its online grocery efforts, which could mean it has far more room to grow. Walmart's online grocery pickup and same-day delivery services are still rolling out. The retailer now offers grocery pickup at over 3,000 stores and same-day delivery from more than 1,400 — but it has

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Walmart earnings beat estimates, shares rise on higher outlook ahead of holidaysWalmart beat Q3 estimates on Thursday and raised its annual earnings outlook for the second time this year ahead of the holiday season.
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Amazon is set to open 'Amazon's first grocery store' in 2020 - Business InsiderAmazon confirmed that it will open its 'Amazon's first grocery store' in Los Angeles during 2020, which could improve its physical retail performance. Reject this at all cost. Why not Jeff never has to actually make a reasonable profit and everyone thinks he is a genius so yea, open a grocery store and lose money there too.
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