Digital sales hold steady. Basket sizes up by 12% in Q3 over Q2 but items in basket reduced. Third-party spending fell to an all time low.

Table of Content

Grocery Technology Spending: 2024 Outlook State of Digital Grocery: Q3 2023 Digital Performance Snapshot Methodology
 

Grocery Technology Spending: 2024 Outlook

  • 71% of grocers will spend about the same on technology in 2024.
  • 83% of grocers will increase their spending on digital technologies in 2024.
  • 74% of grocers will experiment with AI use cases in 2024.
 

State of Digital Grocery: Q3 2023 Digital Performance Snapshot

  • $236 billion is the total grocery sales in Q3 2023, up from $222 B in Q2.
  • 2-3 items reduced in average baskets in Q3 over Q2.
  • -4.1% decrease in third-party sales in Q3 compared to Q2.
 

Methodology

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