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With restaurants, cafeterias and sports stadiums either closed or operating at limited capacity during the pandemic, business has been good for the nation’s grocery stores.
Walmart’s U.S. grocery unit, for instance, generated $208 billion during the 12-month period ending January 31, up 8% compared to the previous year. Kroger, Costco and Albertsons have all seen similar results.
Apart from more revenue, life in quarantine has also altered behavior and accelerated trends in the grocery industry. Below are some highlights from half a dozen recent reports aimed at showing what might be next for shoppers, retailers and manufacturers.
Online grocery booms
The first chart shouldn’t come as a surprise.
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