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-4.87802498525186E-06 0.000149100036417651 0.00102615907416869 0.000448433387784931 -0.000586299184842646 -0.00172943231269777 -0.00129336644280475 0.00286280939058239
Stock impact report

$20 Billion Could Be Up for Grabs in Online Grocery Sales [The Motley Fool]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: The Motley Fool
Online grocery is booming as people look for ways to practice social distancing and avoid long waits at the grocery store. Sales volume tripled year over year in March, according to two separate reports from Rakuten Intelligence and NetElixir. NetElixir expects sales to increase . times year over year in April as the U.S. continues to stay at home.Importantly, online grocery shoppers could become habituated, leading to a permanent increase in online grocery shopping. Even if e-commerce penetration of grocery retail improves by percentage points this year, that's $0 billion in revenue up for grabs, aseMarketer points outImage source: Getty Images.Who's winning those sales?Two big winners have emerged in online grocery:Walmart(NYSE:WMTAmazonNASDAQ:AMZNWalmart's winningover half of all new online grocery shoppersMeanwhile, Amazon Prime members may be more likely to opt for Amazon's Prime Now or AmazonFresh services; both allow customers to schedule deliveries, usually on the same day th Show less Read more
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