The coronavirus boom in onlinegrocery sales is slowing from their April peak, even if 2020 hasbeen a landmark year for internet purchases. That is the conclusionby a recent S&P Global Market Intelligence report.
While online sales in April hadgrown by 300% beyond the same period in 2019, that figure hasdropped to a 200% expansion for the first half of June, accordingto data from Rakuten Intelligence based on figures derived from 34companies.
The same trend applies in varyingdegrees to some of the biggest players in the space: Instacart,Kroger and Amazon Fresh, the online retail giant's grocerysubsidiary.
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Dan Packel
Dan Packel is an editor on the Business of Law desk at ALM. He writes a weekly briefing for Law.com, "The Law Firm Disrupted," on change and innovation in the legal marketplace. He is based in Philadelphia. Contact him at [email protected]. On Twitter at @packeld
