retail
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“Excerpt from The Metail Economy: 6 Strategies for Transforming Your Business to Thrive in the Me-Centric Consumer Revolution by Joel Bines, pp. 10-12 (McGraw Hill, January 2022).” Q4 2021 hedge fund letters, conferences and more The Second-Oldest ProfessionDespite the shift that has taken place, the consumer’s never-ending desire to consume remains as strong as ever. Even during the pandemic and related social and economic crises, retail sales in the United States rose 6.9 percent to $4.04 trillion from $3.78 trillion the year before, according to an analysis of the latest US Department of Co...
ValueWalk
Grocery e-commerce is experiencing a surge as more consumers get used to the habit of buying their groceries online. As you already know, the COVID-19 epidemic has accelerated the move to e-commerce and that shift is more notable in the grocery category. Amid the pandemic, more consumers have made their first online grocery shopping. Meanwhile, millions more who have been making online purchases before the pandemic have increased their reliance on online shopping. In the U.S. alone, it is estimated thatonline grocery sales grew by almost 50% in 2020, reaching approximately $89 billion in sales...
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