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Online grocery shopping growing at high rate

Online grocery shopping growing at high rate

David Goodman | Oct 09, 2012 |

Online grocery shopping is increasing at an annual rate of 9.6%, according to research recently published by IBISWorld. The company also estimates that online grocery shopping will be a $9.4 billion industry five years from now.

Researches say the growth, which well outpaces the U.S. GDP, is largely due to the economic recovery and the increased use of broadband Internet at home and on mobile applications.

David Goodman

David leases high-quality shopping centers, represents select retail clients and sells vacant bank properties. 

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