Rising inflation has consumers rethinking where and how they shop online for groceries, Brick Meets Click survey showsOnline grocery sales fell again on a sequential basis in May, with the month-to-month decrease nearly double the size of the decline in April, strategic advisory firm Brick Meets Click reported. The U.S. online grocery market totaled $7.1 billion for May, down 12.3% from $8.1 billion in April, when sales had dipped 6.9% month to month, according to the latest Brick Meets Click/Mercatus Grocery Shopping Survey, released Monday. April’s total was down from $8.7 billion in March and February, which signaled an uptick following a 4.5% month-to-month decrease to $8.5 billion in January... RSK: One major factor...higher gas prices, which means higher costs of goods and delivery = inflation. People tighten their belts....literally. | ||
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