Business Insider Intelligence
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Online grocery growing rapidly from its small base. Its market value has doubled from 2016 to 2018, suggesting that consumers are starting to get more comfortable ordering essentials and certain foods online — a major barrier to adoption.
Meanwhile, one type of product that's popular in online grocery, consumer packaged goods (CPGs), has seen the majority of its growth come from online. Although consumers may not be entirely comfortable buying items like produce online yet, that will likely come as their familiarity and trust in online grocery grows.
Business Insider Intelligence
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See Also:
- Kroger memo touts a 'new brand' and says 'all will be revealed soon' — here's the full message
- Leaked documents reveal McDonald's is planning to open a new breakfast battleground in the chicken sandwich wars with Chick-fil-A and Wendy’s
- Leaked Kroger memo says its brand is failing and teases a major announcement coming next week
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