Monday, June 20, 2011
Nielsen: Online groceries to be $25 bln business by 2014: "Safeway have been experimenting with online ordering and delivery, Amazon.com has been operating Amazon Fresh as a test service in Seattle, and mega-retailer Walmart has been offering an online grocery service in San Jose, and firms like PeaPod and FreshDirect are re-invigorating the industry. How much? According to research firm, consumers spent about $12 billion on online groceries in 2010—and they forecast that figure will hit $25 billion by 2014."
Posted by HostPoet at 12:34 PM