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Grocery Ecommerce to Outgrow In-Store Sales Tenfold

from Progressive Grocer

By 2022, nearly one-tenth of total grocery sales will be online, expected to grow 13 percent each year compared with the 1.3 percent compound annual growth rate expected in-store, new research from Barrington, Ill.-based retail consultancy Brick Meets Click reveals. Online grocery sales should reach more than 8 percent by the end of that year, according to BMC, which gathered the results from a market model it developed over the past five years that incorporates market, competitor and shopper elements from its grocery insights platform, Grocery IP. more

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