Kroger will double its digital sales by the end of 2023
US: New FMI report finds grocers invested $24bln to meet increased consumer demands and operate safely amid Covid-19
One year since the World Health Organization declared COVID-19 a global pandemic, FMI-The Food Industry Association released a new report, Receipts from the Pandemic: Grocery Store Investments Amid COVID-19 and the Resulting Economics of an Essential Industry, sharing that the food retail industry invested $24bln in response to the dramatic changes in Americans’ shopping and food consumption habits amid the pandemic. Grocers’ actions included significant safety, workforce and technology investments that have enabled food retailers to safely keep their stores operating, thereby serving communities during the public health crisis.