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Online grocery sales are expected to grow an average of 12%

Online grocery sales are expected to grow an average of 12% each year through 2027 due to consumers seeking more convenient shopping options, according to a new Packaged Facts survey. The report also found more consumers are ordering groceries online versus picking them up after work due to the...

  • February 18, 2024
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Online Grocery Sales Grew in January

The U.S. online grocery market finished January with total sales of $8.5 billion, up 1.8 percent compared to 2023, according to the most recent monthly Brick Meets Click/Mercatus Grocery Shopper Survey fielded January 30-31. Read more …

  • February 14, 2024
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Total retail sales rose 5.32% in 2023

The total retail sales in 2023 rose 5.32% from the previous year, according to the CNBC/NRF Retail Monitor, and year-over-year sales grew 3.07% in December and 4.24% in November. “December’s numbers combined with November’s results show retailers had a very successful two-month holiday season,” said NRF President and CEO...

  • January 11, 2024
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Retailers Announce Store Openings

In the final fiscal quarter of the year, grocery stores are increasing their footprints across the country. Read more …

  • October 28, 2023
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Shopper trust in online grocery is increasing

Online grocery ordering continues to grow with 55% of grocery shoppers purchasing their goods online at least some of the time, according to a study from Acosta Group. “Frequent online grocery shoppers are up to 50% more likely to purchase perishables such as breads and pastries, dairy, produce and...

  • September 15, 2023
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Retail sales rose solidly last month

US retail sales rose a better-than-forecast 0.7% in July from the previous month, according to the Commerce Department, as consumers kept spending in nearly all categories including apparel and dining out. Online sales grew 1.9%, fueled by Amazon’s two-day Prime Day sale event, analysts said. Read more …

  • August 24, 2023
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US retail sales kept growing in May

US retail sales grew 0.3% in May from the previous month, following a 0.4% rise in April, according to the Commerce Department, and sales were up 1.6% from May 2022. The data beat economists’ forecasts and sales increased in 10 out of 13 categories tracked including department stores, electronics,...

  • June 16, 2023
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NRF forecasts 2023 retail sales to grow between 4% and 6%

During the State of Retail & the Consumer virtual event, NRF released its annual retail sales forecast anticipating sales growth between 4% and 6% in 2023. In total, NRF projects that retail sales will reach between $5.13 trillion and $5.23 trillion this year. NRF projects a full year GDP...

  • April 5, 2023
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Private Label Sales Up 11.3 Percent

Domestic private brand sales hit a record last year, increasing 11.3 percent to $228.6 billion compared to the year before, according to research from the Private Label Manufacturers Association’s 2023 Private Label Report. Read more …

  • February 17, 2023
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Retail sales jump 3% in January

US retail sales grew 3% in January, beating analysts’ forecasts and marking the biggest month-over-month jump since March 2021, according to the Commerce Department. Sales were up in all categories tracked by the report, including department stores and restaurants, and January retail sales grew 6.4% from the same month...

  • February 16, 2023
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