instore - September 2017 - 23
retail revolution
"Fresh departments present the biggest opportunity for click and collect
options as consumers want the convenience of researching and ordering
online, but actually hand-selecting" products in the store, Rost says.
Instore bakeries and delis in particular should benefit, Rost adds, from
the meal-kit trend.
"One area of strong growth in the grocery e-commerce space is meal kits.
In 2016, meal kits as a whole grew 109 percent and we only see traction
continuing and opening the door for deli prepared and baked goods to make
their way into American households through online channels," he says.
Industry estimates of online's share of grocery sales range from 5 to 9
percent, says Chuck Winter, retail expert and technology leader with
Atlanta-based consulting firm North Highland. By 2025, he says, it could
be 20 to 25 percent - and the eventual ceiling could be as high as 35
percent, as other retailers follow Amazon's lead.
"The only thing that could slow that growth would be rapid inflation or
a significant downturn in the economy," Winter says.
While most of that growth will be generated from center-store items,
perimeter sales also will increase, particularly for items that can be
delivered quickly, Winter says. Meal delivery featuring perimeter items
will play a key role.
Darren Seifer, food and beverage industry analyst for the
Port Washington, N.Y.-based NPD Group, says that about 6 to
7 percent of grocery sales are made online. Like most changes in the
food and beverage industry, the shift to more sales will be slow
and gradual.
But there's no doubt, he says, that it's happening. One in five U.S.
consumers bought groceries online in the past three months, Seifer
said July 31. Perhaps an even more telling statistic, he says, is that
three-quarters of people who buy groceries online will do so again.
That 6 to 7% market share puts grocery toward the bottom of retail
adoption of online buying, Seifer says. But he also says it's possible
online grocery sales could pick up a percentage point annually for the
next several years, reaching double digits.
AT THE ATLANTIC CITY CONVENTION CENTER
April 8-9, 2018
www.atlanticbakeryexpo.com
For information or booth space contact Howard:
217-732-2333
howard@atlanticbakeryexpo.com
instore * SEPTEMBER 2017 * 23
http://www.atlanticbakeryexpo.com
Table of Contents for the Digital Edition of instore - September 2017
instore -- September 2017
Editor's Note - The best tacos in town
CONTENTS
SPOTLIGHT - By the numbers: Sandwiches
Specialty Insights - Consider: The new Gouda
Cover story - Hispanic flavor
Commissary Insider - September 2017
Insight Insider: Bringing artisan to scale
Product Category Spotlight: The donut evolution
Operations PHO alternatives come to forefront
News - Need to know
Retail evolution - Ecommerce rising
Software solutions - Menu manager
Merchandising - On display: Tailgating season
Product trends - First to market
Product showcase
instore - September 2017 - instore -- September 2017
instore - September 2017 - 2
instore - September 2017 - Editor's Note - The best tacos in town
instore - September 2017 - 4
instore - September 2017 - Editor's Note - The best tacos in town
instore - September 2017 - 4
instore - September 2017 - 5
instore - September 2017 - CONTENTS
instore - September 2017 - 7
instore - September 2017 - SPOTLIGHT - By the numbers: Sandwiches
instore - September 2017 - 9
instore - September 2017 - Specialty Insights - Consider: The new Gouda
instore - September 2017 - 11
instore - September 2017 - Cover story - Hispanic flavor
instore - September 2017 - 13
instore - September 2017 - 14
instore - September 2017 - 15
instore - September 2017 - 16
instore - September 2017 - 17
instore - September 2017 - 18
instore - September 2017 - Insight Insider: Bringing artisan to scale
instore - September 2017 - com - 2
instore - September 2017 - com - 3
instore - September 2017 - com - 4
instore - September 2017 - com - 5
instore - September 2017 - Product Category Spotlight: The donut evolution
instore - September 2017 - com - 7
instore - September 2017 - com - 8
instore - September 2017 - com - 9
instore - September 2017 - Operations PHO alternatives come to forefront
instore - September 2017 - com - 11
instore - September 2017 - com - 12
instore - September 2017 - com - 13
instore - September 2017 - com - 14
instore - September 2017 - com - 15
instore - September 2017 - com - 16
instore - September 2017 - News - Need to know
instore - September 2017 - Retail evolution - Ecommerce rising
instore - September 2017 - 21
instore - September 2017 - 22
instore - September 2017 - 23
instore - September 2017 - 24
instore - September 2017 - 25
instore - September 2017 - 26
instore - September 2017 - 27
instore - September 2017 - Software solutions - Menu manager
instore - September 2017 - 29
instore - September 2017 - Merchandising - On display: Tailgating season
instore - September 2017 - 31
instore - September 2017 - Product trends - First to market
instore - September 2017 - Product showcase
instore - September 2017 - 34
instore - September 2017 - 35
instore - September 2017 - 36
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