One chart shows the massive recent growth in online shopping - Business Insider

Shoppers have historically been much slower to shift purchases online for food compared to categories like technology and apparel.Online grocery shopping in the US saw a 110% boost in daily online sales in April, according to the Adobe Digital Economic Index.

Purchases of online groceries peaked during the week of April 21, when weekly dollar sales surged as much 289% compared to the previous year, according to the analytics firm M Science. Only a pandemic could have triggered such rapid adoption of e-commerce in the grocery category. Shoppers have historically been much slower to shift purchases online for groceries compared to categories like apparel and technology.

Walmart, the biggest seller of groceries in the US, said this week that pickup and delivery — which is primarily groceries — reached all-time high sales volumes, with sales growth"The number of new customers trying pickup and delivery has increased 4X since mid-March," McMillon said. It remains to be seen whether customers will continue shopping online for groceries as stay-at-home orders continue to lift across the country. "My feeling is that once this crisis is more under control, people will have seen the benefits of that service and will likely continue to use it," he

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside California's beautifully bizarre Winchester Mystery House - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Microsoft launches Cloud for Healthcare - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Business Insider presents: Starting Up with Slack cofounder and CTO Cal Henderson - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

PayPal adds QR code payments to its app - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Can’t wait to see that happening. I also wish 7-11 will use it.
Source: BusinessInsider - 🏆 729. / 51 Read more »

China economy: World's 2nd largest economy ditches GDP growth target - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Which of China’s official growth and other economic indicators did you regard as real
Source: BusinessInsider - 🏆 729. / 51 Read more »