Seafood retailers not on board the e-commerce train need to hop on – and quickly. They are missing a potentially very lucrative piece of the business.
Led by growth in grocery delivery services such as AmazonFresh and Walmart To Go, total U.S. online grocery sales in 2014 will reach an estimated USD 27 billion (EUR 21.3 billion), according to strategic insight firm Brick Meet Click (BMC). By 2023, online grocery sales are projected to range between USD 80 billion (EUR 63.1 billion) and USD 123 billion (EUR 97 billion), BMC projects.
While e-commerce currently represents between 1 and 2 percent of food industry sales, Barrington, Ill.-based retail consulting firm Willard Bishop predicts that e-commerce’s share will continue its rapid annual growth rate of 9.5 percent through 2018…
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