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Grocery Doppio
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Article
Introducing Grocery Doppio
Welcome to Grocery Doppio, the preeminent source to help grocery executives navigate the industry’s rapid digital disruption.
July 21, 2022
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Big Lots!: Deep Dive
Big Lots, Inc., a community retailer with more than 1,400 Big Lots stores across 47 states, is headquartered in Columbus, Ohio.
November 21, 2022
Dollar General: Deep Dive
Headquartered in Goodlettsville, TN, Dollar General is one of the big supermarket players in the US, delivering goods to shoppers for more than 80 years now with annual revenue of $34.2 billion in 2021.
September 28, 2022
Carrefour: Deep Dive
Carrefour currently operates 12,225 stores throughout more than 30 countries and had a revenue of over €80.7 billion in 2019 - more than half of which was generated outside of France.
September 14, 2022
Loblaw: Deep Dive
Headquartered in Brampton, Ontario, Loblaws is one of the big players in the grocery retail industry in Canada with annual revenue of $53,170 million in 2021.
August 31, 2022
Ocado: Deep Dive
Headquartered in Hatfield, Hertfordshire, England, UK, Ocado Retail is a joint venture between Marks & Spencer Group and Ocado Group with annual revenue of £ 2289.9 million in 2021.
August 26, 2022
Sainsbury's: Deep Dive
Operating as Sainsbury’s, J Sainsbury plc is the second-largest food chain in the UK, with a 16.0 percent market share in the supermarket industry.
July 5, 2022
Tesco: Deep Dive
Tesco, based in Welwyn Garden City, United Kingdom is one of the biggest grocery shops in the UK with revenue of £57,887m in the 2021 Fiscal year.
March 3, 2023
Costco Wholesale: Deep Dive
Headquartered in Issaquah, WA, Costco is a membership warehouse club, dedicated to bringing our members the best possible prices on quality brand-name merchandise.
March 2, 2023
Amazon: Deep Dive
Headquartered in Seattle, Washington, United States, Amazon is one of the most successful customer-centric companies with revenues of $386.064 billion in the fiscal year 2021.
July 1, 2022
Target: Deep Dive
Headquartered in Minneapolis, Minnesota, Target Corporation is among the top 10 retailers in the United States of America, with an FY2021 total revenue of nearly $106 billion.
March 13, 2023
BJ's Wholesale Club: Deep Dive
BJ's Wholesale Club Holdings, Inc., or simply BJ's, is an American membership-only warehouse club company established in Westborough, Massachusetts.
June 27, 2022
Albertsons: Deep Dive
Headquartered in Boise, Idaho, U.S., Albertsons is counted among the top leading food and drug retailers in the U.S., with the fiscal year 2021 sales of $72 billion.Â
June 25, 2022
Walmart: Deep Dive
Headquartered in Arkansas, United States of America, Walmart Inc. generated USD 572.8 billion in total revenue in the fiscal year 2022, comprising primarily USD 567.8 billion in net sales.
March 8, 2023
Kroger: Deep Dive
The Kroger Co. (NYSE: KR) headquartered in Cincinnati, OH, is one of the world's largest food retailers, with fiscal 2021 sales of $137.9B.
June 22, 2022
Performance Scorecard
State of Digital Grocery Performance Scorecard: Q3 2024
Digital grocery sales grew by 3.07% in Q3 2024, driven by increased digital promotions and third-party platform expansion. Instacart led the way with a 2.3% market share increase. While digital basket sizes saw a slight uptick, in-store sales remained steady at 87% of total sales, reflecting strong consumer engagement across channels.
October 16, 2024
Performance Scorecard
State of Digital Grocery Performance Scorecard: May 2024
Grocers are offering more discounts while shoppers are interested in more value, with price as the most important factor in their purchase decision. % of digital sales have gone marginally down while % of in-store sales have marginally gone up.
June 10, 2024
Performance Scorecard
State of Digital Grocery Performance Scorecard: H1 2024
H1 grocery sales were $458 billion, up 3.8% compared to H1 '23. Digital sales at $61 billion were up 2.4% compared to H1 '23. Prices are high, even as price increases have reduced, and the average digital shopper baskets have dropped.
July 16, 2024
Performance Scorecard
April 2024: State of Digital Grocery Performance Scorecard
Prepared food sales have risen, with 63% of grocers noting an increase over the past six months, and 69% of them view their prepared food options as a competitive differentiator. The primary drivers of these purchases are convenience and cost.
May 8, 2024
Performance Scorecard
Q1 2024: State of Digital Grocery Performance Scorecard
In Q1 2024, grocery sales remained strong at $230 billion, with digital sales increasing to $31.4 billion and 72% of grocers reporting improved inventory performance compared to the same period last year. Larger retailers, in particular, have seen better inventory availability.
April 10, 2024
Performance Scorecard
February 2024: State of Digital Grocery Performance Scorecard
81% of grocers prioritize personalization for competitiveness, yet 92% of shoppers find their grocery shopping experience lacking in personalization compared to their overall digital experience.
March 13, 2024
Performance Scorecard
January 2024: State of Digital Grocery Performance Scorecard
Digital sales were flat in January. Overall sales continue to be robust and third party sales fulfillment follow the same trend line at around 15%.
February 12, 2024
Performance Scorecard
December 2023: State of Digital Grocery Performance Scorecard
Digital sales increased in December. 69% of all grocery sales were digitally influenced. Third party delivery apps held steady, pickup improved.
January 17, 2024
Performance Scorecard
October 2023: State of Digital Grocery Performance Scorecard
Digital sales were ~$11 billion in October 2023. Third-party platform sales dipped below 16% for the second time this year. Average digital grocery baskets dipped in October 2023.
November 8, 2023
Performance Scorecard
Q3 2023: State of Digital Grocery Performance Scorecard
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.
October 12, 2023
Performance Scorecard
August 2023: State of Digital Grocery Performance Scorecard
Overall sales were flat, digital was up marginally. Average basket sizes were down to $166 post the July bump. Fewer grocers believe they need third-party platforms to succeed in digital.
September 12, 2023
Performance Scorecard
July 2023: State of Digital Grocery Performance Scorecard
Digital sales were nearly $10 billion, witnessing a 6.1% YoY growth. Basket sizes were up as shoppers ordered more items with large grocers. Third-party sales witnessed a decline of 22% YoY.
August 10, 2023
Performance Scorecard
H1 2023: State of Digital Grocery Performance Scorecard
Digital sales in Q2 ($29.5 billion) declined slightly compared to Q1 results ($29.9 billion). Delivery sales are on the rise again. Orders were nearly evenly split between pickup and delivery in Q2, indicating a renewed interest in the convenience of home delivery.
July 10, 2023
Performance Scorecard
May 2023: State of Digital Grocery Performance Scorecard
Digital sales in May 2023 were nearly $10.0 billion. Digital sales in April 2023 were $9.9 billion. While digital sales witnessed a 19.8% YoY growth, they remained flat this year with only 1.1% MoM growth.
June 12, 2023
Performance Scorecard
Q1 2023: State of Digital Grocery Performance Scorecard
Q1 2023 digital sales at $29.9 billion accounted for 13.9% of overall grocery sales. The share of digital sales witnessed a slight dip of 0.9% in Q1 2023 compared to Q1 2022.
April 6, 2023
Performance Scorecard
February 2023: State of Digital Grocery Performance Scorecard
February 2023 digital sales at $9.8 billion accounted for 13.8% of overall grocery sales. Digital sales saw a marginal growth of 2.1% in February 2023, compared to February 2022.
March 7, 2023
Performance Scorecard
January 2023: State of Digital Grocery Performance Scorecard
Digital sales were 14.7% of overall grocery sales in January 2023. While digital sales were marginally better in Jan'23 compared to Jan'22, its contribution to the overall grocery sales dipped slightly.
February 7, 2023
Performance Scorecard
December 2022: State of Digital Grocery Performance Scorecard
Digital sales were 16.7% of overall grocery sales in December 2022. Digital grocery sales slightly grew by 4.8% in December 2022, compared to November 2022.
January 9, 2023
Performance Scorecard
2022 Performance Scorecard: State of Digital Grocery
Digital sales contribution to overall grocery sales witnessed a dip until May 2022, as shoppers returned to the stores. Digital sales picked up from June 2022, witnessing the highest contribution of the year in November 2022 (17.1%).
January 9, 2023
Performance Scorecard
November 2022: State of Digital Grocery Performance Scorecard
Digital sales were 17.1% of overall grocery sales in November 2022. Digital grocery sales significantly grew by 24.6% in November 2022, compared to October 2022.
December 20, 2022
Performance Scorecard
October 2022: State of Digital Grocery Performance Scorecard
Digital sales were 14.9% of overall grocery sales in October 2022. Digital sales significantly grew by 12.4% in October 2022, compared to September 2022.
November 18, 2022
Performance Scorecard
Q3 2022: State of Digital Grocery Performance Scorecard
Digital sales improved this quarter. Digital grocery sales grew by 14.4% in Q3 2022 compared to Q2 2022. Q3 2022 digital sales at $30.2 billion accounted for 13.4% of overall grocery sales.
October 17, 2022
Performance Scorecard
August 2022: State of Digital Grocery Performance Scorecard
Digital sales were strong. 13.6% of all August 2022 grocery sales were digital. There was a 10.6% increase in digital grocery sales in August 2022 compared to July 2022.
September 14, 2022
Performance Scorecard
July 2022: State of Digital Grocery Performance Scorecard
Digital sales continue to increase this month. 12.9% of all July 2022 grocery sales were digital. There was a 5.7% increase in digital grocery sales in July 2022 compared to June 2022.
August 25, 2022
Performance Scorecard
June 2022: State of Digital Grocery Performance Scorecard
Digital sales slightly increased by 6% in June 2022, compared to May 2022. June 2022 digital sales at $8.8 billion accounted for 12.5% of overall grocery sales.
July 4, 2022
Performance Scorecard
May 2022: State of Digital Grocery Performance Scorecard
Digital sales accounted for 15.2% of total grocery sales at the start of the year (Jan 2022). Due to the increase in in-store traffic over the past five months, the proportion of digital has slowed down.
July 1, 2022
Performance Scorecard
April 2022: State of Digital Grocery Performance Scorecard
March 2022 digital sales at $10.4 billion accounted for 15.1% of overall grocery sales. After recording significantly high digital sales in March 2022, there was a huge dip in April 2022 with digital sales accounting for 13.4% of overall sales.
June 30, 2022
Performance Scorecard
March 2022: State of Digital Grocery Performance Scorecard
March 2022 digital sales at $9.6 billion accounted for 14.1% of overall grocery sales. After a slight dip in February 2022, digital sales this month recovered to January 2022 numbers ($10.4 billion).
June 29, 2022
Performance Scorecard
February 2022: State of Digital Grocery Performance Scorecard
February 2022 digital sales at $10.4 billion accounted for 15.2% of overall grocery sales. Digital sales declined by 7.7% in February 2022, compared to January 2022.
June 28, 2022
Performance Scorecard
H1 2022: State of Digital Grocery Performance Scorecard
Digital sales at the beginning of the year (Jan 2022) were 15.2% of total grocery sales. We've seen the share of digital decelerate over the last six months. However, digital sales are still on track to cross 20% of all grocery sales by 2026.
August 3, 2022
About Author
Grocery Doppio
Grocery Doppio is an independent source of insights and inspiration designed to help grocers jumpstart, accelerate and sustain growth in this dynamic new environment. Incisiv Research Incisiv offers curated executive learning, digital maturity benchmarks, and prescriptive transformation insights to clients across the consumer and technology industry spectrum.
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