CNBC

Grocers urgently need to fix broken online business model, as pandemic shifts more to web, report says

Grocers urgently need to fix broken online business model, as pandemic shifts more to web, report says

  • July 09, 2020
  • min read

CNBC

Grocers urgently need to fix broken online business model, as pandemic shifts more to web, report says

That translated to a larger share of grocery shopping moving online. U.S. online shopping accounted for 5.1% of grocery sales at the end of 2019 and rose to 6.6% as of April 12, according to a Bain & Co. report released Thursday. The report said it also increased in places including United Kingdom, France and Italy.

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