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Monday, June 20, 2011

Nielsen: Online groceries to be $25 bln business by 2014

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."

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