Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<ul><li><keyword id="1640900" type="PERSON" weightage="20" keywordseo="Online-grocery">Online grocery</keyword> segment will grow by 55% to reach 1.2% of the market by 2023, said a report by RedSeer and <keyword id="964794" type="COMPANY" weightage="20" keywordseo="BigBasket">BigBasket</keyword>. </li><li>Today online grocery startups account for 40% of total e-commerce funding in India. </li><li>Startups in the online grocery sector have raised $665.70 million in funding in 2019 so far.</li></ul>The Indian online grocery segment is growing fast and how. Currently the online food and grocery retail holds a miniscule part of online retail with only 0.2% penetration. But it is predicted to grow by 55% to reach 1.2% of the market by 2023, said a report by RedSeer and BigBasket. The market size of this segment will also expand to $10.5 billion, the report predicts. The customers’ trust on online shopping along with the growing presence of e-grocery players will drive this growth in the sector, added the report. “The online grocery segment has been one of the fastest-growing e-commerce verticals in India and will continue to flourish in both metro and non-metro cities in the years to come,” said Hari Menon, Co-Founder and CEO, bigbasket. Online grocery vs E-commerce in India As Indians are used to visiting the kirana store in the next lane, online grocery has been growing slowly since onset in 2010. In the past few years however it picked up speed. As the number of e-commerce users grew it had a slow but steady effect on online grocery purchases. From a barely any presence in 2010, today online grocery startups account for 40% of total e-commerce funding in India. 
 
 
 <div type="javascript" title="Custom" contenttype="Image"><cdata><![CDATA[
<div class="flourish-embed" data-src="visualisation/848622"></div>
]]></cdata></div>







 So, what led to this growth? “The online grocery space in India has accelerated due to the increasing penetration of internet in millions of households across the country, rise in smartphone usage, enhanced customer comfort and trust in e-tailing and a better value for money for customers in online vs offline stores. Besides, availability of value for money products, better savings vs offline stores and cashback led by subscription-based programmes further ensure affordable pricing and scheduled delivery to make this space exciting,” said Albinder Dhindsa, Co-founder, <keyword id="2466939" type="PERSON" weightage="20" keywordseo="Grofers">Grofers</keyword>. Startups in the online grocery sector have raised $665.7 million in funding in 2019 so far, with Bigbasket turning a unicorn. Grofers, a soonicorn (soon to turn unicorn) made a comeback with a $200 million funding led by Softbank. Here are the top 20 funded startups in the e-grocery segment. 
 
 
 <div type="javascript" title="Custom" contenttype="Image"><cdata><![CDATA[
<div class="flourish-embed" data-src="visualisation/849110"></div>
]]></cdata></div>







 Tier 2 &amp; 3 cities to lead the next phase of e-grocery Online grocery’s dream to reach $10.5 billion by 2023 will not be fuelled solely by urban growth. A big share of this will come from Tier 2 and 3 cities. Grofers co-founder Dhindsa believes that the next big thing in e-grocery is increasing penetration of e-commerce in tier-2 markets and amongst lower SECs (socio-economic classification) in metros. “E-grocery will bring more shoppers into e-commerce as a whole and already 15% of our new users every month are first time online shoppers. Growing disposable income of the consumers in Tier II markets and the adoption of 4G has already laid a strong foundation for the next wave of growth for e-commerce,” he said.

Online grocery may become a $10 billion industry by 2023 but even then only one in 100 Indians will be buying

<ul><li>After a couple of dull years and a few failures, online grocery in India is back with a bang. </li><li>SoftBank has put in fresh funds in Grofers while Reliance Industries Limited is reportedly looking to buy a majority stake in Grab. </li><li>Swiggy had recently announced its foray into online grocery delivery with Swiggy stores. </li></ul> There was a time when the online grocery vertical had become the hot favourite with major players trying their luck in the game. But soon with failures piling up one over the other, exits were announced. Come 2019 and it seems like it’s going to be the year hyperlocal grocery delivery again. Sector leader BigBasket may become the first unicorn – clock a valuation of $1 billion – of 2019, and food delivery startup Swiggy threw in its hat into groceries with Swiggy Stores. Swiggy, which raised a whopping $1 billion in funding in December, has already piloted the operations in Gurugram and has tied up with <a href="https://www.business-standard.com/article/companies/swiggy-takes-on-bigbasket-grofers-to-deliver-groceries-from-local-stores-119021201294_1.html">3,500</a> local stores. However, these startups will be battling the deep pockets of Mukesh Ambani and the Japanese Softbank. Reliance Industries Limited is <a href="https://timesofindia.indiatimes.com/business/india-business/ril-in-talks-for-majority-stake-in-startup-grab/articleshow/68192744.cms">reportedly</a> in talks to buy a majority stake in Grab, a hyperlocal delivery startup for groceries, medicines and food based out of Mumbai. Grofers has raised <a href="https://tech.economictimes.indiatimes.com/news/internet/grofers-raises-fresh-funds-from-existing-investor-softbank-as-e-grocers-valuation-hits-425m/68203728">fresh funds</a> from SoftBank Vision Fund (the Japanese firm had earlier too invested in the e-grocery company) which takes its valuation to $425 million. This excitement was missing in the space the last few years. E-grocery startup PepperTap had to shut its operations in 2016. In a blog on <a href="https://yourstory.com/2016/04/peppertap-journey-navneet-singh">YourStory</a>, Navneet Singh, founder of PepperTap, wrote about the problem they faced. “The integration of our app with our partner stores was not great. In the race to pepper the whole country with PepperTap, we had brought too many stores online far too quickly,” he wrote. Another unicorn startup Paytm too had explored the e-grocery space with Paytm Zip, only to shut shop in 2015. So, even with clear failures in the past, what makes today’s unicorns still find their way into the space? A simple answer - the demand still exists. Grocery stores aren’t called convenience stores for nothing. For today’s millennial who is busy with work to order groceries on a tap is an easy, convenient way out. A report on the online grocery space in India by Red Seer consulting states, “Inspite of all these disruptions and changes, one thing that did not change was the massive potential for online grocery- as indicated by India’s USD 500+ Bn grocery market out of which a mere 0.2% is online (~USD 1.2 bn overall and ~USD 1 Bn considering only hyperlocal grocery).” The proof that it still works is seen in BigBasket’s <a href="https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/bigbaskets-wholesale-unit-revenue-up-35/articleshow/67358734.cms">revenue</a> report. In the year 2017-18, BigBasket saw its revenue grow by 35% while losses dropped by 53%. In FY19, the company expects the revenue to grow by <a href="https://www.moneycontrol.com/news/business/companies/bigbasket-chief-hari-menon-expects-75-revenue-jump-in-fy19-to-rs-3500-crore-3183251.html">75%</a>. Grofers which had posted a net loss of <a href="https://tech.economictimes.indiatimes.com/news/internet/grofers-narrows-loss-to-rs-258-cr-as-sales-double-in-fy2018/68105608">₹268 crore</a> in FY 17, managed to post a loss of ₹258 crore in FY18. The company has also added <a href="https://www.moneycontrol.com/news/business/grofers-eyes-rs-2500-crore-revenue-in-fy19-adds-2-5-lakh-new-customers-in-january-3453911.html">2.5 lakh</a> new customers in January, while also aiming for a revenue of over ₹2500 crore. And with big backers like Mukesh Ambani and Softbank entering the fray, the competition, too, will be intense. The battle for dominance may mean more discounts and cashbacks for consumers. See Also: <a href="https://www.businessinsider.in/swiggy-in-talks-to-acquire-ubereats-india-operations/articleshow/68110377.cms">Swiggy wants more on its plate, in talks to acquire Ubereats India</a> <a href="https://www.businessinsider.in/for-indian-startups-2018-has-been-a-year-of-bouncing-back-as-venture-capital-funding-doubles/articleshow/67286540.cms">For Indian startups, 2018 has been a year of bouncing back as venture capital funding doubles</a> <a href="https://www.businessinsider.in/these-are-the-25-most-sought-after-startups-in-india-report/articleshow/65866420.cms">These are the 25 most sought after startups in India: Report</a>

Online grocers are back in business in India with billions more to burn – and that may be good for consumers

<keyword id="2085190" type="UNKNOWN" weightage="100" keywordseo="Online-grocery-stores">Online grocery stores</keyword> are gaining popularity in India due to sheer convenience, ease of shopping and a fast-growing market. Globally, <keyword id="2085193" type="UNKNOWN" weightage="100" keywordseo="Online-grocery-retail">online grocery retail</keyword> is growing nearly 7 times faster than on-ground formats and the <keyword id="47445" type="UNKNOWN" weightage="100" keywordseo="Indian-market">Indian market</keyword> may soon catch up. For one, the <keyword id="156795" type="UNKNOWN" weightage="100" keywordseo="indian-retail-industry">Indian retail industry</keyword> is estimated to be worth over $500 billion (one of the world’s top 5 markets) and 30-40% of the businesses will be in the online retail space over the next 7 years., This presents a great opportunity for any form of e-tailing, especially the <keyword id="2085203" type="UNKNOWN" weightage="100" keywordseo="E-grocery-space">e-grocery space</keyword>. 
 As of now, <keyword id="2085207" type="UNKNOWN" weightage="100" keywordseo="Grocery-e-tailing-in-India">grocery e-tailing in India</keyword> is a largely unorganised space and poses a big challenge in terms of stiff <keyword id="2085206" type="UNKNOWN" weightage="100" keywordseo="Entry-barriers">entry barriers</keyword>. The traditional methods of inventory and <keyword id="2085212" type="UNKNOWN" weightage="100" keywordseo="Logistics-management">logistics management</keyword> call for intense cash-burning – a business condition most of the bootstrapped Indian start-ups fail to meet. Moreover, a <keyword id="2085209" type="UNKNOWN" weightage="100" keywordseo="Series-A-funding-crunch">Series A funding crunch</keyword> also compelled companies like Mumbai-based <keyword id="2048780" type="UNKNOWN" weightage="100" keywordseo="ShopVeg">ShopVeg</keyword> to shut down operations. Therefore, when another Mumbai-based start-up decided to start grocery e-tailing in the same year, things were not looking too exciting for the newcomer. But 22 months later, <keyword id="2009014" type="UNKNOWN" weightage="100" keywordseo="LocalBanya-com">LocalBanya.com</keyword> has managed to set up Mumbai’s first online supermarket and also raised <keyword id="6793689" type="UNKNOWN" weightage="100" keywordseo="Series-A-funding">Series A funding</keyword> for the next level of expansion. 
 Although there were predecessors that attempted various models of grocery retail in the digital space and failed, <keyword id="2047523" type="UNKNOWN" weightage="100" keywordseo="LocalBanya">LocalBanya</keyword> has adapted a <keyword id="2085214" type="UNKNOWN" weightage="100" keywordseo="Lean-business-model">lean business model</keyword> that relies on a convenient mix of <keyword id="96173" type="PERSON" weightage="100" keywordseo="warehousing">warehousing</keyword> and <keyword id="512818" type="UNKNOWN" weightage="100" keywordseo="cash-and-carry">cash-and-carry</keyword>. This has reduced the start-up’s dependence on capital-intensive operations and enabled it to put in place a thoroughly efficient <keyword id="118965" type="PERSON" weightage="100" keywordseo="Supply-chain">supply chain</keyword>. In addition, the company has adopted some unique measures to take <keyword id="2085217" type="UNKNOWN" weightage="100" keywordseo="Customer-convenience">customer convenience</keyword> to the next level. Want to know more about LocalBanya and how it works? Here is a snapshot that captures the start-up’s vision and viability. 
 
Who runs LocalBanya (www.localbanya.com): A team of three co-founders – <keyword id="2085179" type="UNKNOWN" weightage="100" keywordseo="Karan-Mehrotra">Karan Mehrotra</keyword> (<keyword id="5645" type="POSITION" weightage="100" keywordseo="CEO">CEO</keyword>), <keyword id="2085180" type="UNKNOWN" weightage="100" keywordseo="Rashi-Choudhary">Rashi Choudhary</keyword> (COO) and <keyword id="1251820" type="PERSON" weightage="100" keywordseo="Amit-Naik">Amit Naik</keyword> (<keyword id="238078" type="POSITION" weightage="100" keywordseo="CTO">CTO</keyword>). Karan is the brain behind LocalBanya and set up the entire infrastructure with just 14 employees. He is a <keyword id="163598" type="POSITION" weightage="60" keywordseo="computer-engineer">computer engineer</keyword> and prior to starting up, worked for his family business as a distributor for <keyword id="123278" type="UNKNOWN" weightage="100" keywordseo="FMCG-firms">FMCG firms</keyword>. He has 11 years of work experience in varied fields – from turning around a chain of restaurants to setting up metal fabrication plants to building a food distribution network. 
 Amit holds an MBA from IIM-Lucknow and he is also a Six Sigma Black Belt from the American Society for Quality. He had six years of top tier experience in ad-tech and earlier worked for <keyword id="1076906" type="ORGANIZATION" weightage="80" keywordseo="Directi">Directi</keyword> and <keyword id="45475" type="CITY" weightage="80" keywordseo="Larsen-Toubro">Larsen &amp; Toubro</keyword>. Rashi holds a Global MBA from <keyword id="1433263" type="UNKNOWN" weightage="60" keywordseo="SP-Jain-School-of-Global-Management">SP Jain School of Global Management</keyword> and brings four years of experience in <keyword id="6553136" type="UNKNOWN" weightage="100" keywordseo="retailing">retailing</keyword>, consulting and <keyword id="169305" type="ORGANIZATION" weightage="100" keywordseo="customer-service">customer service</keyword>. Prior to joining LocalBanya, she worked with the <keyword id="244481" type="COMPANY" weightage="60" keywordseo="Raymond-Group">Raymond Group</keyword>. 
 The trio had been working on the concept for some time and the site went live in May 2012. LocalBanya is now in beta and the e-grocer has over 130 employees operating across Mumbai, Thane and <keyword id="57321" type="PERSON" weightage="100" keywordseo="Navi-Mumbai">Navi Mumbai</keyword>. 
 
What inspired the venture: The desire to go one step ahead of your <keyword id="2085220" type="UNKNOWN" weightage="100" keywordseo="Local-grocer">local grocer</keyword> who accepts orders on phone. “Apparently, it was convenient but there was something lacking. You can’t browse the inventory when ordering on phone; the choices are not many (after all, a kirana or <keyword id="2085221" type="UNKNOWN" weightage="100" keywordseo="Mom-and-pop-store">mom-and-pop store</keyword> won’t keep exotic or imported items as those are a bit expensive) and finally, there’s no organised system (accountable, responsible and prompt),” says Karan. So up came LocalBanya, an online supermarket selling around 12,000 products across 17 categories and adding more every day. 
 
What’s the pitch: LocalBanya.com is an <keyword id="2085223" type="UNKNOWN" weightage="100" keywordseo="Online-convenience-store">online convenience store</keyword> dedicated to YOU (customers). The e-grocer offers high quality products and hassle-free delivery that save time, energy and money. “If you are <keyword id="62452" type="UNKNOWN" weightage="100" keywordseo="grocery-shopping">grocery shopping</keyword> 4-5 times a month or looking for something special, imagine the kind of supermarket trips you have to make and how you have to run from shop to shop,” points out Karan. “But having the entire bulk procured for you and delivered to your place, at the time you want it, would make things extremely convenient and lure the customers,” he adds. Karan, however, feels that the industry is huge enough to allow kirana stores, large-format retailers and e-retailers to survive and grow in the same marketplace. 
 
How it works: As of now, LocalBanya is targeting the <keyword id="6756404" type="UNKNOWN" weightage="100" keywordseo="urban-population">urban population</keyword> and the customer base varies from <keyword id="2085227" type="UNKNOWN" weightage="100" keywordseo="Single-professionals">single professionals</keyword>, <keyword id="632195" type="UNKNOWN" weightage="100" keywordseo="working-couples">working couples</keyword>, <keyword id="168112" type="UNKNOWN" weightage="100" keywordseo="Nuclear-families">nuclear families</keyword> and <keyword id="3216" type="ORGANIZATION" weightage="100" keywordseo="students">students</keyword> fending for themselves to <keyword id="1400200" type="UNKNOWN" weightage="100" keywordseo="new-mothers">new mothers</keyword>, <keyword id="20566" type="UNKNOWN" weightage="100" keywordseo="senior-citizens">senior citizens</keyword> and even <keyword id="2085229" type="UNKNOWN" weightage="100" keywordseo="Large-families">large families</keyword>. 
 “People come to us for a wide selection of goods (otherwise, they will have to visit 2-3 stores to make a purchase), convenience and great pricing. We deliver that convenience with exceptional levels of customer service, <keyword id="2085230" type="UNKNOWN" weightage="100" keywordseo="Preferred-delivery-times">preferred delivery times</keyword>, same-day deliveries, fresh produce and efficient &amp; reliable suppliers. We also take product suggestions from our customers and ensure that the products are online in a fortnight,” details the LocalBanya team. The <keyword id="2085232" type="UNKNOWN" weightage="100" keywordseo="Procurement-model">procurement model</keyword> includes a convenient mix of warehousing and just-in-time (<keyword id="377986" type="ORGANIZATION" weightage="100" keywordseo="JIT">JIT</keyword>) deliveries from a host of suppliers including <keyword id="34523" type="CITY" weightage="80" keywordseo="fmcg">FMCG</keyword> companies, cash-and-carry outlets and other distributors. 
 Shopping for groceries on the LocalBanya platform is also kept simple. You just have to register or connect through Facebook before browsing the categories and the products. Once you make the purchase, the order is processed and ready for delivery within 6 hours. Delivery is done as per your time slot selection. The company offers 6 slots (of 2 hours each), from 7 in the morning until midnight, and one can choose any of those. Customers also enjoy <keyword id="2085234" type="UNKNOWN" weightage="100" keywordseo="Banya-Points-rewards-programme">Banya Points rewards programme</keyword> and these points are redeemed for cash discounts on every purchase. 
 
Claim to fame: <keyword id="900658" type="UNKNOWN" weightage="100" keywordseo="traction">Traction</keyword> and <keyword id="232730" type="POSITION" weightage="100" keywordseo="business-model">business model</keyword>. The start-up claims that it currently reaches over 10,000 homes a month and delivers 500-plus orders a day. Interestingly, nearly one-third of its orders are from <keyword id="1189616" type="UNKNOWN" weightage="100" keywordseo="institutional-clients">institutional clients</keyword> while senior citizens and <keyword id="58225" type="ORGANIZATION" weightage="100" keywordseo="NRIs">NRIs</keyword> constitute over 16% of the customer base. But what matters most is the <keyword id="2085235" type="UNKNOWN" weightage="100" keywordseo="Lean-infrastructure">lean infrastructure</keyword> set-up for reducing asset liabilities. 
 
Show me the money: Since its <keyword id="85080" type="ENTERTAINMENT" weightage="100" keywordseo="Inception">inception</keyword> in May 2012, LocalBanya has done around Rs 15 crore in gross revenues. The start-up is projected to grow 40% month on month over the next 15-18 months and eyes <keyword id="486782" type="UNKNOWN" weightage="100" keywordseo="break-even">break-even</keyword> in the existing markets (Mumbai, Thane and Navi Mumbai) by June this year. 
 LocalBanya was initially bootstrapped, but has already raised two rounds of <keyword id="6357455" type="EVENT" weightage="100" keywordseo="Funding">funding</keyword>. It is now in talks with investors to raise a Series B round by March 2014. In January this year, the start-up secured an undisclosed amount in Series A funding from <keyword id="2009015" type="UNKNOWN" weightage="80" keywordseo="Karmvir-Avant-Group">Karmvir Avant Group</keyword>, a real estate developer in Mumbai. Earlier, it had raised funding from <keyword id="2085241" type="UNKNOWN" weightage="100" keywordseo="Times-Groups-Brand-Capital-Springboard">Times Group’s Brand Capital Springboard</keyword> platform. “The Series A round will last us for a year and help fuel our growth at a faster rate as we scale up operations, hiring and marketing. We are also looking to start operations in a new city within a quarter,” says Karan. 
 
Biggest challenge: Competition abounds in online grocery retail space but containing cash-burning is most crucial when it comes to inventory, supply chain and logistics. Streamlining the supply chain and <keyword id="2085210" type="UNKNOWN" weightage="100" keywordseo="Inventory-management">inventory management</keyword> is an uphill task but a lean procurement set-up, use of <keyword id="2085238" type="UNKNOWN" weightage="100" keywordseo="Leased-delivery-vehicles">leased delivery vehicles</keyword>, <keyword id="2085242" type="UNKNOWN" weightage="100" keywordseo="In-house-delivery-personnel">in-house delivery personnel</keyword> (for ease of management) and a well-structured <keyword id="2085243" type="UNKNOWN" weightage="100" keywordseo="Region-mapping">region mapping</keyword> that enables effective coverage of the city have helped the start-up cut down on costs. 
 
Five takeaways: In nearly 2 years of operation, LocalBanya has seen some interesting trends in <keyword id="2085200" type="UNKNOWN" weightage="100" keywordseo="Online-grocery-shopping">online grocery shopping</keyword> behaviour and Karan &amp; his team want to share it with the budding wannapreneurs and all our readers. So here we go: 
 
59% of the transactions on the site are done by women. 
 
Senior citizens are a sizeable 14% of the customer base due to the convenience of online retail. 
 
A sizeable 2.1% of transactions are done by NRIs to have groceries delivered to their relatives in Mumbai. 
 
Institutional clients including restaurants, corporate houses, co-operative societies and any other organisation requiring groceries in bulk have seen the advantage of e-grocery and 29% of the business comes from these channels. 
 
Around 11% of LocalBanya’s deliveries are done during the 10 pm-12 midnight slot. And the last trend brings us back to the convenience factor. How many e-grocers or physical retail stores in India would be doing that in a bid to break out of the pack?

This E-grocery Start-up Uses A Lean Model For Its Online Supermarket; In Talks To Raise Series B
Funding

<ul class="summary-list"><li>Boxed filed for Chapter 11 bankruptcy on Sunday and plans to end retail operations.</li><li>The grocery startup kept he majority of its cash in Silicon Valley Bank, which collapsed last month.</li></ul>E-commerce grocery company Boxed filed for Chapter 11 bankruptcy on Sunday weeks <a href="https://d18rn0p25nwr6d.cloudfront.net/CIK-0001828672/031bf6a2-a414-407a-b295-d3d4e157479e.pdf" target="_blank" rel="noopener">after reporting it had most of its cash deposits and other liquid assets in accounts at the collapsed Silicon Valley Bank</a>. But Boxed's struggles began long before its bank of choice went under.<a href="https://www.globenewswire.com/news-release/2023/04/03/2639186/0/en/Boxed-Inc-to-Execute-Sale-of-Spresso-Software-Business-Through-Voluntary-Chapter-11-Process.html" target="_blank" rel="noopener">Boxed said</a> it would wind down its retail operations over the next few weeks and sell Spresso, its software busines. In January, Boxed said it was considering <a href="https://www.globenewswire.com/news-release/2023/01/05/2583490/0/en/Boxed-Inc-Announces-Exploration-of-Strategic-Alternatives.html" target="_blank" rel="noopener">a sale of the company.</a>Boxed is one of multiple startups founded over the past decade that delivered groceries, cleaning products, and other household essentials directly to consumers' front doors. Like many of its competitors, the early years of the pandemic were boom times for Boxed. The company saw "tremendous growth" starting in 2020 when shoppers were staying at home to avoid COVID-19, Huang told industry publication <a href="https://progressivegrocer.com/how-boxed-leveraging-pandemic-growth" target="_blank" rel="noopener">Progressive Grocer in 2021.</a> Like Boxed, many of its competitors are now struggling as consumers' habits have changed and e-commerce growth has slowed.Founded in 2013, Boxed sells groceries in bulk — a <a href="https://www.forbes.com/sites/forbestreptalks/2016/10/19/costco-for-millennials-how-chieh-huang-built-boxed-a-mobile-juggernaut-with-100m-in-revenue/?sh=448ffc2adbfd" target="_blank" rel="noopener">"Costco for millennials,"</a> as Forbes called it in 2016. Items for sale on its website Monday included a 24-pack of single-serving pouches of tuna and a box of 30 Elmer's glue sticks.It raised over $300 million and reportedly rejected <a href="https://www.businessinsider.com/boxed-could-sell-to-kroger-for-500-million-2018-1">an acquisition offer from Kroger</a> before <a href="https://markets.businessinsider.com/news/stocks/boxed-grocery-ipo-go-public-900-million-spac-deal-2021-6-1030520145">going public</a> in a SPAC deal in late 2021, according to Pitchbook. Boxed looked beyond straightforward retailing to grow its business. It started offering advertising for food brands, ran a marketplace for third-party sellers, and sold its software as a service to other retailers.After the company went public in December of 2021, its share price rose to an all-time high of $13.70. But since then, the pandemic-fueled demand for grocery delivery has dissipated.In its <a href="https://investors.boxed.com/news/news-details/2022/Boxed-Inc.-Announces-Third-Quarter-2022-Financial-Results/default.aspx" target="_blank" rel="noopener">latest earnings report</a> last November, Boxed said its sales fell 15% over the year prior to $41.7 million and that its net loss quadrupled over the same period.Boxed's stock has lost almost all its value, and the company was warned that it could be delisted from the New York Stock Exchange. The startup's shares were trading at 19 cents each on Monday. <a href="https://www.brickmeetsclick.com/5-year-forecast--u-s--egrocery-sales-to-grow-at-12--cagr-through-2027" target="_blank" rel="noopener">Consultancy Brick Meets Click</a> forecasted in January that grocery e-commerce sales will grow at a rate of 12% through 2027. That's a tremendous slowdown from early in the pandemic when <a href="https://www.supermarketnews.com/issues-trends/fmi-online-grocery-sales-jumped-300-early-pandemic" target="_blank" rel="noopener">e-commerce grocery jumped an average of 300% each month</a>. E-commerce grocery companies like Boxed also face increased competition from brick-and-mortar grocers who have beefed up their e-commerce offerings and order pick-up services, which have become more popular with consumers. Other startups in the grocery delivery space have faced issues. Imperfect Foods, for instance, <a href="https://www.businessinsider.com/inside-imperfect-foods-rise-and-fall-as-pandemic-sales-collapsed-2021-10">saw orders slump</a> before being<a href="https://www.businessinsider.com/inside-imperfect-foods-rise-and-fall-as-pandemic-sales-collapsed-2021-10"> acquired by rival Misfits Market</a>. Rapid delivery players that aimed to get goods to consumers in 30 minutes or less, like Gorillas, Fridge No More, Buyk, <a href="https://www.businessinsider.com/why-rapid-delivery-grocery-startups-couldnt-hack-the-us-analysts-2022-7">have ceased operations in the US. </a> Startups still operating in the grocery delivery space, like <a href="https://www.reuters.com/business/retail-consumer/instacart-cuts-staff-curbs-hiring-before-ipo-the-information-2022-09-25" target="_blank" rel="noopener">Instacart</a>, <a href="https://www.businessinsider.com/softbank-backed-grocer-weee-laid-off-10-percent-of-its-staff-amid-a-slowdown-in-online-grocery-2022-6#:~:text=these%20people%20said.-,Weee!,as%20it%20eyes%20an%20IPO.">Weee!</a>, and <a href="https://www.businessinsider.com/hundreds-gopuff-customer-service-workers-laid-off-on-zoom-video-2022-10">Gopuff</a>, have laid off staff or delayed plans to take their companies public.

Boxed bankruptcy could be blamed on Silicon Valley Bank's collapse, but its problems extend far beyond the bank run

<div class="KonaFilter image-container float_right click-to-enlarge" style="width:400px"><div class="image"><a title_source="BI Intelligence" title_caption="" class="zoomin" href="https://static-ssl.businessinsider.com/image/53ed185269bedd223d2af1d8-960/bii-food-bev-cagr.png"></a>BI Intelligence</div></div>
At $600 billion a year in sales, food and beverage is by far the largest <keyword id="6354851" type="ORGANIZATION" weightage="60" keywordseo="Retail">retail</keyword> category in the U.S. by a wide margin. However, it's also the category that has been the least disrupted by e-commerce; less than 1% of food and beverage sales currently occur online, according to <a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-8-19-14&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;|\=/g, '-');">BI Intelligence's estimates</a>.
But shopping habits are changing, and niche online grocery services that compete on convenience and selection are gaining traction. Meanwhile tech giants like Amazon are fronting the cost of expensive delivery infrastructure that has so far held back grocery e-commerce. 
<a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-8-19-14&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;|\=/g, '-');">In a new in-depth report, BI Intelligence looks at why the grocery business has proved so challenging to e-commerce companies - from consumer reluctance to complicated and expensive logistics - and what new strategies e-commerce startups and big-name tech companies are pursuing to push more grocery sales online.</a> Between 2013 and 2018, online grocery sales will grow at a compound annual growth rate (CAGR) of 21.1%, reaching nearly $18 billion by the end of the forecast period. For comparison, offline grocery sales will rise by 3.1% annually during the same period. 
<a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-8-19-14&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;|\=/g, '-');">Access The Full Report And Downloadable Charts By Signing Up For A Free Trial&gt;&gt;</a>
Here are some of the key findings explored in the report: 
<ul>
<li><a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-8-19-14&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;|\=/g, '-');">There are a number of disadvantages to buying groceries online on both the consumer and business side, such as the cost and complexity of logistics, shipping fees, and the quality and freshness of orders.</a> For online grocers to deliver the freshness consumers want, they have to be able to deliver orders fast while maintaining the quality of easily damaged foods like produce.</li>
<li>But there are still some advantages to online grocery shopping, in particular convenience and a large selection of products. <a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-8-19-14&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;|\=/g, '-');">Only 15% of U.S. adults have purchased general food items online, but 25% said they have bought specialty food and beverages online, which are hard to find elsewhere.</a></li>
<li><a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-8-19-14&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;|\=/g, '-');">New startups that focus on concierge shopping and subscription prepared meals </a><a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-8-19-14&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;|\=/g, '-');">are innovating on the online grocery model</a> and offering services that really are differentiated from traditional supermarket shopping. We believe these services could change the way people shop for food. In addition, established online grocers have an opportunity in enterprise grocery sales, which lowers costs through bulk purchases.</li>
<li>Some of the biggest names in tech - Amazon, eBay, and Google - are beginning to offer and promote same-day delivery services. As consumers get used to the convenience of ordering something online and receiving it the same day, grocery e-commerce may benefit too, with people more likely to buy food they know they will get quickly. <a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-8-19-14&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;|\=/g, '-');">While same-day delivery comes with a big price tag, 25% of millennials said they would pay a premium for same-day delivery.</a></li>
</ul>
<a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-8-19-14&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;|\=/g, '-');">To access the E-Commerce Grocery Report and BI Intelligence's ongoing coverage of the future of retail, mobile, and e-commerce - including downloadable charts, data, and analysis - sign up for a free trial. </a>
<div class="KonaFilter image-container click-to-enlarge"><div class="image"><a title_source="BI Intelligence" title_caption="" class="zoomin" href="https://static-ssl.businessinsider.com/image/53d14bb66bb3f781635d7581-960/bii-same-day-shipping-demo.png"></a>BI Intelligence</div></div>

How E-Commerce Is Finally Disrupting The $600 Billion-A-Year Grocery Industry 

<a title_source="BI Intelligence" title_caption="" class="zoomin" href="https://static-ssl.businessinsider.com/image/53ed185269bedd223d2af1d8-960/bii-food-bev-cagr.png"></a>BI Intelligence
At $600 billion a year in sales, food and beverage is by far the largest <keyword id="6354851" type="ORGANIZATION" weightage="60" keywordseo="Retail">retail</keyword> category in the U.S. by a wide margin. However, it's also the category that has been the least disrupted by e-commerce; less than 1% of food and beverage sales currently occur online, according to <a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-8-19-14&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;|\=/g, '-');">BI Intelligence's estimates</a>.
But shopping habits are changing, and niche online grocery services that compete on convenience and selection are gaining traction. Meanwhile tech giants like Amazon are fronting the cost of expensive delivery infrastructure that has so far held back grocery e-commerce.&#xa0;
<a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-8-19-14&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;|\=/g, '-');">In a new in-depth report, BI Intelligence looks at why the grocery business has proved so challenging to e-commerce companies - from consumer reluctance to complicated and expensive logistics - and what new strategies e-commerce startups and big-name tech companies are pursuing to push more grocery sales online.</a>&#xa0;Between 2013 and 2018, online grocery sales will grow at a compound annual growth rate (CAGR) of 21.1%, reaching nearly $18 billion by the end of the forecast period. For comparison, offline grocery sales will rise by 3.1% annually during the same period.&#xa0;
<a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-8-19-14&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;|\=/g, '-');">Access The Full Report And Downloadable Charts By Signing Up For A Free Trial&gt;&gt;</a>
Here are some of the key findings explored in the report:&#xa0;
<ul>
<li>
<a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-8-19-14&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;|\=/g, '-');">There are a number of disadvantages to buying groceries online on both the consumer and business side, such as the cost and complexity of logistics, shipping fees, and the quality and freshness of orders.</a>&#xa0;For online grocers to deliver the freshness consumers want, they have to be able to deliver orders fast while maintaining the quality of easily damaged foods like produce.
</li>
<li>
But there are still some advantages to online grocery shopping, in particular convenience and a large selection of products.&#xa0;<a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-8-19-14&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;|\=/g, '-');">Only 15% of U.S. adults have purchased general food items online, but 25% said they&#xa0;have bought&#xa0;specialty&#xa0;food and beverages online, which are hard to find elsewhere.</a>
</li>
<li>
<a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-8-19-14&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;|\=/g, '-');">New startups that focus on concierge shopping and subscription prepared meals&#xa0;</a><a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-8-19-14&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;|\=/g, '-');">are innovating on the online grocery model</a> and offering services that really are differentiated from traditional supermarket shopping.&#xa0;We believe these services could change the way people shop for food.&#xa0;In addition,&#xa0;established online grocers have an opportunity in enterprise grocery sales, which lowers costs through bulk purchases.
</li>
<li>
Some of the biggest names in tech - Amazon, eBay, and Google - are beginning to offer and promote same-day delivery services.&#xa0;As consumers get used to the convenience of ordering something online and receiving it the same day, grocery e-commerce may benefit too, with people more likely to buy food they know they will get quickly. <a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-8-19-14&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;|\=/g, '-');">While same-day delivery comes with a big price tag, 25%&#xa0;of millennials said they would pay a premium for same-day delivery.</a>
</li>
</ul>
<a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-8-19-14&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;|\=/g, '-');">To access the E-Commerce Grocery Report and BI Intelligence's ongoing coverage of the future of retail, mobile, and e-commerce - including downloadable charts, data, and analysis - sign up for a free trial.&#xa0;</a>
<a title_source="BI Intelligence" title_caption="" class="zoomin" href="https://static-ssl.businessinsider.com/image/53d14bb66bb3f781635d7581-960/bii-same-day-shipping-demo.png"></a>BI Intelligence

How E-Commerce Is Finally Disrupting The $600 Billion-A-Year Grocery Industry

<div class="KonaFilter image-container float_right click-to-enlarge"><div class="image"><a title_source="BI Intelligence" title_caption="" class="zoomin" href="https://static-ssl.businessinsider.com/image/53ed185269bedd223d2af1d8-960/bii-food-bev-cagr.png"></a>BI Intelligence</div></div>At $600 billion a year in sales, food and beverage is by far the largest <keyword id="6354851" type="ORGANIZATION" weightage="60" keywordseo="Retail">retail</keyword> category in the US by a wide margin. However, it's also the category that has been the least disrupted by e-commerce; less than 1% of food and beverage sales currently occur online, according to <a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-6-09-15&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;\=/g, '-');">BI Intelligence's estimates</a>.But shopping habits are changing, and niche online grocery services that compete on convenience and selection are gaining traction. Meanwhile tech giants like Amazon are fronting the cost of expensive delivery infrastructure that has so far held back grocery e-commerce. <a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-6-09-15&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;\=/g, '-');">In an in-depth report, BI Intelligence looks at why the grocery business has proved so challenging to e-commerce companies - from consumer reluctance to complicated and expensive logistics - and what new strategies e-commerce startups and big-name tech companies are pursuing to push more grocery sales online.</a> Between 2013 and 2018, online grocery sales will grow at a compound annual growth rate (CAGR) of 21.1%, reaching nearly $18 billion by the end of the forecast period. For comparison, offline grocery sales will rise by 3.1% annually during the same period. <a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-6-09-15&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;\=/g, '-');">Access The Full Report And Downloadable Charts By Signing Up For A Trial&gt;&gt;</a>Here are some of the key findings explored in the report: <ul><li><a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-6-09-15&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;\=/g, '-');">There are a number of disadvantages to buying groceries online on both the consumer and business side, such as the cost and complexity of logistics, shipping fees, and the quality and freshness of orders.</a> For online grocers to deliver the freshness consumers want, they have to be able to deliver orders fast while maintaining the quality of easily damaged foods like produce.</li><li>But there are still some advantages to online grocery shopping, in particular convenience and a large selection of products. <a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-6-09-15&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;\=/g, '-');">Only 15% of U.S. adults have purchased general food items online, but 25% said they have bought specialty food and beverages online, which are hard to find elsewhere.</a></li><li><a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-6-09-15&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;\=/g, '-');">New startups that focus on concierge shopping and subscription prepared meals </a><a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-6-09-15&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;\=/g, '-');">are innovating on the online grocery model</a> and offering services that really are differentiated from traditional supermarket shopping. We believe these services could change the way people shop for food. In addition, established online grocers have an opportunity in enterprise grocery sales, which lowers costs through bulk purchases.</li><li>Some of the biggest names in tech - Amazon, eBay, and Google - are beginning to offer and promote same-day delivery services. As consumers get used to the convenience of ordering something online and receiving it the same day, grocery e-commerce may benefit too, with people more likely to buy food they know they will get quickly. <a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-6-09-15&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;\=/g, '-');">While same-day delivery comes with a big price tag, 25% of millennials said they would pay a premium for same-day delivery.</a></li></ul>To access the full report from BI Intelligence, sign up for a 14-day <a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-6-09-15&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;\=/g, '-');">trial here</a>. Members also gain access to <a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-6-09-15&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;\=/g, '-');">new in-depth reports</a>, <a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-6-09-15&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;\=/g, '-');">hundreds of charts and datasets,</a> as well as <a href="https://intelligence.businessinsider.com/how-e-commerce-is-finally-disrupting-the-600-billion-a-year-grocery-industry-2014-8?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Grocery-6-09-15&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;\=/g, '-');">daily newsletters</a> on the digital industry.<div class="KonaFilter image-container click-to-enlarge"><div class="image"><a title_source="BI Intelligence" title_caption="" class="zoomin" href="https://static-ssl.businessinsider.com/image/53d14bb66bb3f781635d7581-960/bii-same-day-shipping-demo.png"></a>BI Intelligence</div></div> <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/smartphone-impact-brain-body-sleep-2015-2">This is what happens to your brain and body when you check your phone before bed</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="BvMjVqcjoHdZBG6tTpXy8UkhB5_46U_c" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

Here's why groceries are the biggest untapped e-commerce opportunity

<ul class="summary-list"><li>The on-demand <keyword id="2709620" type="PERSON" weightage="60" keywordseo="grocery-delivery">grocery delivery</keyword> startup will launch its service in Brooklyn using bike couriers.</li><li>Goods such as fresh produce, milk, and cat litter will be delivered in under 10 minutes.</li><li>'We are in love with the model,' CEO Kağan Sümer told Insider in an exclusive interview.</li></ul>The red hot <a href="https://www.businessinsider.com/instacart-13-biggest-online-grocery-delivery-challengers-doordash-gopuff-2021-4">on-demand grocery delivery war</a> is about to intensify with the US debut of European startup <keyword id="855786" type="PERSON" weightage="60" keywordseo="Gorillas">Gorillas</keyword> this week. The ultra-fast delivery operator based in Germany told Insider that it plans to kickstart its 10-minute delivery service in select Brooklyn neighborhoods starting May 30. They'll be competing directly with <a href="https://www.businessinsider.com/fridge-no-more-raises-15-million-15-minute-grocery-deliveries-2021-3">Fridge No More</a>, a startup that delivers groceries within 15 minutes to parts of the New York City borough. Read More: <a href="https://www.businessinsider.com/fridge-no-more-raises-15-million-15-minute-grocery-deliveries-2021-3">NYC's Fridge No More specializes in 15-minute grocery deliveries using scooters.</a>Unlike grocery-delivery operators <a href="https://www.businessinsider.com/9-instacart-power-players-helping-the-grocery-delivery-provider-as-it-prepared-for-a-2021-ipo-2021-3">Instacart</a>, <a href="https://www.businessinsider.com/doordash-enters-instacart-territory-by-expanding-beyond-food-delivery-2021-2">DoorDash</a>, and <a href="https://www.businessinsider.com/uber-grocery-competes-instacart-ultrafast-food-delivery-2021-4">Uber</a>, Gorillas does not rely on gig workers to fulfill deliveries. Instead, it employs a fleet of bike couriers who deliver goods from strategically located "dark" warehouses.The delivery fee in the US will cost $1.80 with no minimum purchase required. Consumers can order one item or a basket of goods. However, there are some weight limitations as groceries are delivered by bike. Each warehouse will hold about 2,000 to 2,500 items ranging from fresh produce and milk to cat litter. "We are in love with the model," CEO Kağan Sümer told Insider in an exclusive interview. "So if this model is executed the right way, it is going to be transformative in a big way."<div type="image" title="Gorillas" height="1504" width="2000" msid="82909533" hostid="261"></div>Depending on the neighborhood, Gorillas' delivery choices will also include artisan foods from local businesses. In Brooklyn, Gorillas will carry bagels, ice cream, and chocolate truffles from Black Seed Bagel, OddFellows Ice Cream Co., and Fine and Raw, respectively. On US launch day, the warehouses in Brooklyn will support the following neighborhoods: Bushwick, East Williamsburg, and parts of Downtown Brooklyn including Boerum Hill, Cobble Hill, and Carroll Gardens.In the coming weeks, Gorillas said it plans to "expand quickly" to other parts of Brooklyn, as well as neighborhoods in Manhattan and Queens. "We are also eyeing other urban markets and you can expect to see Gorillas launch in other East, Central and West Coast cities by the end of the summer," a company spokesperson told Insider. Fridge No More also announced plans to expand beyond Brooklyn after its $15 million Series A funding round earlier this year. JOKR, which started delivering grocery and convenience store goods this year in parts of Manhattan, is another startup that ensures delivery in 15 minutes. Gorillas, which launched in June 2020, has more than 80 warehouses in 25 cities in Germany, the Netherlands, UK, and France. It plans to expand to Italy later this month, as well. In Europe, Gorillas <a href="https://www.businessinsider.com/mcdonalds-hit-with-lawsuit-tied-to-advertising-spending-2021-5">competes</a> with Berlin-based Flink, Turkish delivery service Getir, and 10-minute <a href="https://www.businessinsider.com/dija-10-minute-grocery-delivery-startup-launches-first-operations-in-london-2021-3">delivery service Dija. </a>Gorillas <a href="https://www.businessinsider.com/gorillas-unicorn-delivery-startups-ceo-and-cofounder-departs-2021-4">raised</a> $290 million in a Series B round in March led by hedge fund Coatue.<h2>A highly contested US grocery market</h2>Gorillas enters <a href="https://www.businessinsider.com/instacart-13-biggest-online-grocery-delivery-challengers-doordash-gopuff-2021-4">a crowded US space where multiple e-commerce players</a> like <keyword id="1673867" type="COMPANY" weightage="60" keywordseo="Instacart">Instacart</keyword> and startups like <keyword id="10988599" type="UNKNOWN" weightage="60" keywordseo="gopuff">Gopuff</keyword> are competing for market share. These services erupted over the past year as consumer adoption of online ordering accelerated during the pandemic.Online grocery sales grew 54% in 2020, reaching nearly $96 billion, according to <a href="https://www.emarketer.com/content/2021-online-grocery-sales-will-surpass-100-billion?_ga=2.184722025.1509521258.1621265489-1698499640.1608650456&amp;_gac=1.150983108.1619224087.Cj0KCQjw4ImEBhDFARIsAGOTMj_lEuZqUAHyOyAmaDcRKHT4H4bRhmjZi2PIX1yyBo1mhhEElZey_lsaAtfIEALw_wcB_wcB">eMarketer</a>. The segment is projected to surpass $100 billion in spending this year. Instacart is dominating the space and saw huge growth during the pandemic, according to market research firm 1010data. The firm, which analyzes consumer behavior, said Instacart saw a 323% surge in year-over-year sales in 2020. Read More: <a href="https://www.businessinsider.com/instacart-13-biggest-online-grocery-delivery-challengers-doordash-gopuff-2021-4">Here are the 13 companies competing for dominance of the $100 billion grocery industry.</a>Still, with business restrictions easing in the US, the meteoric growth of online grocery orders appears to be slowing. Edison Trends, which tracks online grocery transactions, said e-commerce grocery spending was up 88% in February 2021, compared to February 2020. In March, overall spending increased by just 37%. This, however, doesn't concern Sümer. While some consumers will return to "traditional" in-store shopping, Gorillas is betting more people will stick to online <keyword id="62452" type="PERSON" weightage="60" keywordseo="grocery-shopping">grocery shopping</keyword> because they've grown addicted to fast delivery services. "These people adapted, tasted this convenience, so they will want to keep on," he said.

Gorillas, the ultra-fast delivery operator from Germany, plans to make its US debut in New York City this month

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"></div></div></div><a href="http://markets.businessinsider.com/stock/wmt-Quote">Walmart</a> is testing delivering groceries straight to your fridge when you're not home.&#xa0;On Friday, the retailer giant announced a partnership&#xa0;with smart lock startup August Home that will&#xa0;allow&#xa0;a delivery person to enter&#xa0;customers' orders&#xa0;and put&#xa0;groceries away in their refrigerators.&#xa0;The test will take place in Silicon Valley, with a small number of August Home users who have opted in to the service."Think about that - someone else does the shopping for you AND puts it all away,"&#xa0;Sloan Eddleston, Walmart's vice president of e-commerce strategy and business operations, wrote in a blog <a href="http://blog.walmart.com/innovation/20170922/why-the-future-could-mean-delivery-straight-into-your-fridge">post Friday.</a>Eddleston laid out the step-by-step process of "in-fridge delivery" in the post.<div class="KonaFilter image-container display-table"><div><div class="image on-image"></div></div></div>Delivery drivers will have a one-time passcode that allows them to unlock the August smart lock if customers do not answer the door when the delivery team arrives to drop off groceries. They will then drop off packages in the foyer, unload groceries in the fridge, and leave - with the door locking behind them.&#xa0;Customers get a notification&#xa0;when the driver rings the doorbell. August home security cameras then allow them to watch the entire process from the&#xa0;app, if they so wish.&#xa0;Walmart has been making major investments in its e-commerce business as it faces off against an increasingly dominant <a href="http://markets.businessinsider.com/stock/AMZN-Quote">Amazon</a>. Online sales across Walmart&#xa0;grew<a href="http://www.businessinsider.com/grocery-drives-online-growth-at-walmart-2017-8"> 73% year-over-year</a>&#xa0;in the second quarter of 2017, with grocery making up&#xa0;26% of the company's US&#xa0;e-commerce sales for the quarter.&#xa0;"What might seem novel today could be the standard tomorrow," Eddleston said. "This may not be for everyone - and certainly not right away - but we want to offer customers the opportunity to participate in tests today and help us shape what commerce will look like in the future."<h2>Here's Walmart's video showing how in-fridge delivery will work:&#xa0;</h2><div></div> <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/how-airplanes-fly-giant-banner-ads-dangerous-job-2017-9">How airplanes fly those giant banner ads - it's more dangerous than you think</a></h3> <div> </div> </div>

Walmart wants to walk into your home and put groceries in your refrigerator

<div class="KonaFilter image-container float_right click-to-enlarge"><div class="image"><a title_source="BI Intelligence" title_caption="16 million Americans buy their groceries at either Costco or Sam's Club. Now Amazon is using Prime to disrupt groceries as well." class="zoomin" href="https://static-ssl.businessinsider.com/image/54ec7be869bedd594453db62-960/bii-amazon-prime-vs-costco.png"></a>BI Intelligence16 million Americans buy their groceries at either Costco or Sam's Club. Now Amazon is using Prime to disrupt groceries as well.</div></div>The cost and complexity of delivering groceries is what ultimately led to the downfall of Webvan and other startups that have tried to <a href="https://intelligence.businessinsider.com/e-commerce-membership-programs-how-amazon-prime-and-other-programs-are-changing-the-way-people-shop-online-2015-3?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Memberships-2015-04-01&amp;utm_content=link&amp;utm_campaign=BIIMobile">disrupt the $600 billion-a-year grocery industry</a>. But a new wave of promising delivery startups are relying on a tried-and-true model to disrupt groceries:<a href="https://intelligence.businessinsider.com/e-commerce-membership-programs-how-amazon-prime-and-other-programs-are-changing-the-way-people-shop-online-2015-3?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Memberships-2015-04-01&amp;utm_content=link&amp;utm_campaign=BIIMobile"> membership. </a>Membership grocery services help secure consumers as repeat customers and allow companies to lower individual shipping fees on every order. Shipping fees are typically a big barrier to grocery delivery because orders must be delivered fast to guarantee freshness.The grocery delivery model is attractive because it guarantees that customers are getting fresh food straight from their local supermarket, without having to waste time in the store. The typical American family of four visits the grocery store twice a week, according to the USDA.In a <a href="https://intelligence.businessinsider.com/e-commerce-membership-programs-how-amazon-prime-and-other-programs-are-changing-the-way-people-shop-online-2015-3?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Memberships-2015-04-01&amp;utm_content=link&amp;utm_campaign=BIIMobile">new report from BI Intelligence</a>, we define what an e-commerce membership program is and how retailers are taking the Costco model and updating it for online grocery shopping. We also assess the advantages and disadvantages of e-commerce membership programs for the retailer, as well as what consumers might look for in these programs and what incentives are needed to get people to sign up.<a href="https://intelligence.businessinsider.com/e-commerce-membership-programs-how-amazon-prime-and-other-programs-are-changing-the-way-people-shop-online-2015-3?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Memberships-2015-04-01&amp;utm_content=link&amp;utm_campaign=BIIMobile">Access the Full Report By Signing Up For A Risk-Free Membership Today &gt;&gt;</a> Here is a small sample of the e-commerce membership programs that we examine in the report: <ul><li><a href="https://intelligence.businessinsider.com/e-commerce-membership-programs-how-amazon-prime-and-other-programs-are-changing-the-way-people-shop-online-2015-3?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Memberships-2015-04-01&amp;utm_content=link&amp;utm_campaign=BIIMobile">Amazon: Amazon charges Prime customers $99 annually ($299 for Amazon Prime Fresh) in exchange for a bevy of benefits ranging from free two-day shipping to access to premium video and music content, as we've said.</a> We estimate that there are approximately 53 million Prime members worldwide - and 25% of those members live outside the US.</li><li><a href="https://intelligence.businessinsider.com/e-commerce-membership-programs-how-amazon-prime-and-other-programs-are-changing-the-way-people-shop-online-2015-3?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Memberships-2015-04-01&amp;utm_content=link&amp;utm_campaign=BIIMobile">Instacart: </a><a href="https://intelligence.businessinsider.com/e-commerce-membership-programs-how-amazon-prime-and-other-programs-are-changing-the-way-people-shop-online-2015-3?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Memberships-2015-04-01&amp;utm_content=link&amp;utm_campaign=BIIMobile">The grocery delivery service partners with Whole Foods, Costco, and Safeway, among others, and offers a membership program called Instacart Express</a>, which costs $99 annually - in exchange, members get free two-hour delivery on all grocery orders. Customers who use Instacart but do not sign up for the membership program must pay $3.99 per delivery.</li><li><a href="https://intelligence.businessinsider.com/e-commerce-membership-programs-how-amazon-prime-and-other-programs-are-changing-the-way-people-shop-online-2015-3?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Memberships-2015-04-01&amp;utm_content=link&amp;utm_campaign=BIIMobile">Shipt: This is another service very similar to Instacart, which has its own grocery delivery membership program called MemberShipt</a><a href="https://intelligence.businessinsider.com/e-commerce-membership-programs-how-amazon-prime-and-other-programs-are-changing-the-way-people-shop-online-2015-3?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Memberships-2015-04-01&amp;utm_content=link&amp;utm_campaign=BIIMobile">. </a>Members pay $49 annually and get free one-hour deliveries on orders over $35. Shipt is the delivery partner for Publix - one of the five largest supermarket chains in the US.</li><li><a href="https://intelligence.businessinsider.com/e-commerce-membership-programs-how-amazon-prime-and-other-programs-are-changing-the-way-people-shop-online-2015-3?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Memberships-2015-04-01&amp;utm_content=link&amp;utm_campaign=BIIMobile">Thrive Market:</a><a href="https://intelligence.businessinsider.com/e-commerce-membership-programs-how-amazon-prime-and-other-programs-are-changing-the-way-people-shop-online-2015-3?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Memberships-2015-04-01&amp;utm_content=link&amp;utm_campaign=BIIMobile"> The newly launched organic grocer and wellness retailer asks customers to pay an annual fee of $60 for access to products that are supposedly "always 25 or 50 percent" cheaper compared to competitors.</a> (There is no non-membership version of the service.) Thrive Market has referred to itself as a sort of Costco-like retailer for health-conscious consumers. </li></ul>In full, the report:<ul><li><a href="https://intelligence.businessinsider.com/e-commerce-membership-programs-how-amazon-prime-and-other-programs-are-changing-the-way-people-shop-online-2015-3?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Memberships-2015-04-01&amp;utm_content=link&amp;utm_campaign=BIIMobile">Looks out how different services and retailers are putting a twist on the Costco model. </a></li><li><a href="https://intelligence.businessinsider.com/e-commerce-membership-programs-how-amazon-prime-and-other-programs-are-changing-the-way-people-shop-online-2015-3?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Memberships-2015-04-01&amp;utm_content=link&amp;utm_campaign=BIIMobile">Includes data about how much shopping club members spend versus regular customers.</a></li><li><a href="https://intelligence.businessinsider.com/e-commerce-membership-programs-how-amazon-prime-and-other-programs-are-changing-the-way-people-shop-online-2015-3?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Memberships-2015-04-01&amp;utm_content=link&amp;utm_campaign=BIIMobile">Lists the advantages and disadvantages that retailers face with operating a membership program.</a></li><li><a href="https://intelligence.businessinsider.com/e-commerce-membership-programs-how-amazon-prime-and-other-programs-are-changing-the-way-people-shop-online-2015-3?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Memberships-2015-04-01&amp;utm_content=link&amp;utm_campaign=BIIMobile">Outlines the incentives that drive consumers to pay an annual fee for shopping programs. </a></li><li><a href="https://intelligence.businessinsider.com/e-commerce-membership-programs-how-amazon-prime-and-other-programs-are-changing-the-way-people-shop-online-2015-3?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Memberships-2015-04-01&amp;utm_content=link&amp;utm_campaign=BIIMobile">Provides an in-depth look at why membership programs could be the key to unlocking the grocery e-commerce market.</a></li></ul><a href="https://intelligence.businessinsider.com/e-commerce-membership-programs-how-amazon-prime-and-other-programs-are-changing-the-way-people-shop-online-2015-3?utm_source=House&amp;utm_medium=Edit&amp;utm_term=E-Memberships-2015-04-01&amp;utm_content=link&amp;utm_campaign=BIIMobile">For full access to all BI Intelligence charts, data, and newsletters for the retail and e-commerce sector, sign up for a risk free trial. </a><div class="KonaFilter image-container click-to-enlarge"><div class="image"><a title_source="BI Intelligence" title_caption="" class="zoomin" href="https://static-ssl.businessinsider.com/image/551c12a3eab8eac514d4441d-960/shipt.jpg"></a>BI Intelligence</div></div> Disclosure: Jeff Bezos is an investor in Business Insider through hispersonal investment company Bezos Expeditions. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/smartphone-impact-brain-body-sleep-2015-2">This is what happens to your brain and body when you check your phone before bed</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="BvMjVqcjoHdZBG6tTpXy8UkhB5_46U_c" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

Membership-based delivery services are beginning to disrupt the $600 billion-a-year grocery industry

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image">Thomson ReutersPeople talk outside a Wal-Mart Pickup-Grocery test store in Bentonville.</div></div></div>As grocery chains such as Kroger, Whole Foods, and Walmart invest big in online grocery, some analysts say the retailers are wasting their money. "We remain unconvinced of long-term viability of home deliveries for grocery," <a href="http://www.businessinsider.com/hsbc-we-remain-unconvinced-of-long-term-viability-of-home-deliveries-for-grocery-2016-3">HSBC retail analyst David McCarthy writes in a recent note</a> that called the category the "emperor's new clothes."The note outlines that while online retailing "may be glamourous and exciting for those involved in it," consumers value lower prices over delivery of online grocery. The proof, McCarthy writes, is that the online grocery market continues to grow at only half the rate of discounters that aren't online, like Aldi and Lidl.<div class="KonaFilter image-container display-table"><div><div class="image on-image">REUTERS/Mike BlakeAn aisle in Kroger-owned Ralphs grocery store in Del Mar, California.</div></div></div>HSBC isn't the only one questioning the viability of online grocery. Last year, a <a href="http://www.businessinsider.com/grocery-delivery-challenges-2015-3">BMO Capital Markets report revealed</a> that the vast majority of consumers are still unwilling to shop for groceries online. The report found that 16% of New Yorkers bought groceries online in late 2014, a figure likely affected by the fact that FreshDirect had operated in New York City for 15 years. In Los Angles, where online grocery delivery is a <a href="http://www.lamag.com/digestblog/instacart-adds-costco-and-ralphs-to-its-la-grocery-delivery-lineup/">more recent innovation</a>, only 4% of consumers shopped for groceries online."Silicon Valley can disrupt a lot of things, but it can't find an app that will help you squeeze an avocado," Business Insider's Jonathan Marino <a href="http://www.businessinsider.com/grocery-delivery-challenges-2015-3">wrote of the issue. </a>"The biggest hangup for consumers remains needing to pick out their own foods."<div class="KonaFilter image-container display-table"><div><div class="image on-image">Fresh Delivery: Clicking Through the Online Grocery Landscape</div></div></div>Despite analysts' wariness, retailers have been throwing money at the online grocery market. In the US, <a href="http://www.businessinsider.com/kroger-top-positioned-in-online-grocery-2016-1">Kroger leads the way</a>, thanks to key 2014 mergers with grocery chain Harris Teeter and health and nutrition e-commerce company <a href="http://vitacost.com/">Vitacost.com</a>, which cost the company a <a href="http://www.wsj.com/articles/kroger-plans-to-buy-online-vitamin-seller-vitacost-1404300842">combined</a> <a href="http://www.usatoday.com/story/money/business/2013/07/09/kroger-harris-teeter-deal/2501231/">$2.7 billion</a>.Kroger now offers a click-and-collect service, adapted from Harris Teeter's "Express Lane," that allows customers to order online and pick up their purchases at close to 200 locations. The grocery chain is also testing home delivery of more than 36,000 organic and healthy items in Denver, utilizing insights and tech from Vitacost. In an effort to bolster its own digital grocery business, <a href="http://www.businessinsider.com/whole-foods-delivery-for-millennials-2016-2">Whole Foods signed a five-year partnership with delivery startup Instacart in February</a>. The partnership is an extension of the pair's previous collaboration, with Whole Foods investing an unknown amount in the startup and the companies working to co-develop <a href="http://techcrunch.com/2016/03/10/instacart-and-whole-foods-confirm-expanded-relationship-plans-for-expansion/">new e-commerce and delivery strategies</a>. Additionally, Whole Foods is growing the number of cities with shoppers employed by Instacart embedded in its grocery stores, with plans to boost the figure by 50% by the end of 2016. <div class="KonaFilter image-container display-table"><div><div class="image on-image">Instacart</div></div></div>Big box retailers with large grocery businesses are also investing in digital grocery. While grocery sales make up more than half of all of Walmart sales, the category has been seriously slumping in recent quarters. Walmart has said it <a href="http://www.businessinsider.com/target-beats-walmart-in-e-commerce-2016-3">will invest $1.1 billion in the coming year on digital</a>, much of it centered on online grocery.It's also a desireable market for e-commerce companies like Amazon. The company launched AmazonFresh in limited markets in 2007, selling and delivering groceries and other options sold at local shops and Amazon.com. While the grocery delivery service hasn't gained the widespread acceptance of Amazon Prime, the company has continued to expand the service, <a href="http://techcrunch.com/2016/02/29/amazon-morrisons/">currently testing AmazonFresh in parts of the UK</a>. Amazon isn't the only tech giant in the space either; in February, <a href="http://techcrunch.com/2016/02/17/google-launches-fresh-grocery-delivery-service-in-san-francisco-and-los-angeles/">Google launched grocery delivery service Google Fresh</a> in Los Angeles and San Francisco. Ultimately, retailers may need to reevaluate their online grocery strategies, based on the data that indicates customers aren't willing to spend money on the service - or at least the home-delivery model. If retailers are going to succeed at selling groceries online, they must realize that customers shop for groceries - online and in-store - in different ways than they make other purchases. Focusing simply on home-delivery of online grocery is likely as over-hyped just as HSBC says - at least for now. As e-commerce grows, it's in grocery giants' best interests to test innovative ways outside of home-delivery to utilize digital shopping channels, as opposed to relying on the "traditional" online shopping model. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/grocery-store-eggs-milk-cheese-sell-by-expiration-date-2016-1">What those 'sell-by' dates on your groceries really mean</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="dydmdpMDE6J_eG9KiiaBcXhpt21VDNpv" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

You Searched For "E grocery startup" and got 12 results

Online grocery may become a $10 billion industry by 2023 but even then only one in 100 Indians will be buying

Sanchita Dash

Online grocers are back in business in India with billions more to burn – and that may be good for consumers

Sanchita Dash

This E-grocery Start-up Uses A Lean Model For Its Online Supermarket; In Talks To Raise Series B Funding

Sanghamitra Mandal

Boxed bankruptcy could be blamed on Silicon Valley Bank's collapse, but its problems extend far beyond the bank run

Alex Bitter

How E-Commerce Is Finally Disrupting The $600 Billion-A-Year Grocery Industry

Cooper Smith

How E-Commerce Is Finally Disrupting The $600 Billion-A-Year Grocery Industry

Cooper Smith

How E-Commerce Is Finally Disrupting The $600 Billion-A-Year Grocery Industry

Cooper Smith

Here's why groceries are the biggest untapped e-commerce opportunity

Cooper Smith

Gorillas, the ultra-fast delivery operator from Germany, plans to make its US debut in New York City this month

Nancy Luna

Walmart wants to walk into your home and put groceries in your refrigerator

Kate Taylor

Membership-based delivery services are beginning to disrupt the $600 billion-a-year grocery industry

Cooper Smith

Kroger and Whole Foods might be investing billions into a losing game

KATE TAYLOR

Popular Keywords

Buying Guides