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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.
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Grocer Performance

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.
Grocer Performance

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.
Grocer Performance

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.
Grocer Performance

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.
Grocer Performance

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.
Grocer Performance

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.
Grocer Performance

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.
Grocer Performance

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.
Grocer Performance

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.
Grocer Performance

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.
Grocer Performance

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.
Grocer Performance

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. 
Grocer Performance

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.
Grocer Performance

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.
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.
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%.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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%).
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.
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.
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.
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.
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.
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.
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.
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.
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).
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.
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.