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Study: Online grocery sales will quadruple by 2023

Most of the market’s growth has occurred since 2016, as e-commerce platforms and conventional grocery stores increased their participation and geographic footprint with expanded service areas.
October 19, 2018
Online grocery sales more than tripled between 2013-2018, but, between 2018-2023, online grocery sales will more than quadruple, according to “Online Grocery Shopping in the U.S., 2nd Edition,” a report published by Packaged Facts, Rockville, Md.
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Walmart announces new high-tech grocery distribution center

The new high-tech distribution center is scheduled to move 40% more product than a traditional distribution center.
October 19, 2018
Walmart, Bentonville, Ark., announced plans to break ground on the company’s first high-tech distribution center for fresh and frozen groceries.
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Mi9 Retail to acquire MyWebGrocer

The addition of MWG enhances the Mi9 Retail suite, giving the company an entry into the grocery vertical and positioning Mi9 even more aggressively within fast-moving consumer goods.
October 19, 2018
Mi9 Retail, Miami, Fla., announced plans to acquire MyWebGrocer (MWG), Colchester, Vt.
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HelloFresh acquires Chefs Plate

With the integration of Chefs Plate and its customer base, HelloFresh will serve a wider product variety in the meal plan industry to Canadian consumers.
October 18, 2018
HelloFresh, New York, entered into an agreement to acquire Chefs Plate, a Canada-based meal kit brand.
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Study reveals brick-and-mortar grocery is still king

Despite a 4-point year-over-year increase, the number of regular online food and beverage purchasers is still only 17%.
October 18, 2018
Food and beverage categories have seen an increase over the last two years, as many major retailers experienced same-store sales rise thanks to an increase in median income and a low unemployment rate, according to the 6th Annual Food and Beverage Consumables Study.
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Study: Changing lifestyles spur growth in frozen foods

North America is the leading region in regards to consumption of frozen processed food.
October 18, 2018
The global market for frozen processed food was $57.50 billion in 2014, and will be worth $69.11 billion by 2021, exhibiting a CAGR of 2.7%, according to a report published by Transparency Market Research, Albany, N.Y.
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