Amazon's fresh grocery business is strengthening, helping it to snatch market share from supermarkets
Businessinsider
1h ago
Ai Focus
According to Nielsen IQ data, after Amazon expanded its same-day fresh delivery services in the United States, sales of seafood, dairy products, and fresh fruits and vegetables increased significantly, and the company gained market share in the food category.
Helpful
No.Help

Amazon is continuously expanding its advantages in the grocery business with products such as fresh shrimp and berries.

According to market research firm Nielsen IQ, about a year after expanding its fresh grocery delivery service to thousands of cities and towns in the United States, Amazon's sales of perishable groceries are growing rapidly, and it is taking market share from traditional retailers.

Nielson IQ data indicates that during the period from June to August, sales of groceries such as fresh produce, dairy products, and fresh fruits and vegetables on Amazon Shanghai increased several times over. Nielsen also found that throughout the year up until late August, as traditional grocery stores lost market share, Amazon's market share in the food category rose.

Nielsen wrote in the report: 'Consumers are increasingly accepting Amazon in categories that have historically been one of the biggest barriers to online grocery shopping.'

For many years, Amazon has been attempting to break into the grocery market, although it has not achieved decisive success in this category as it has in the fields of books or cloud computing. The company acquired Whole Foods Market, opened and then closed another offline grocery chain, and launched a range of its own-branded groceries, among other things.

Nielson IQ data indicates that Amazon's recent efforts to deliver fresh groceries quickly in most regions of the United States are yielding some results in the highly competitive grocery market.

According to Nielsen IQ, among consumers who purchase fresh food on Amazon, many come from families with an annual income of over $100,000, and they tend to be older in age. They are also frequent users of Amazon, with a higher number of orders and larger consumption amounts on the platform compared to ordinary users.

This means that fresh groceries, as one of the most frequently purchased items by American consumers, could be a "potentially important lever to increase the purchase frequency and overall spending of Amazon users," the report states.

To maintain this momentum, Amazon still has to face strong competitors. One of them is Walmart, which already provides same-day grocery delivery services using its stores and its own crowd-sourced delivery team.

Business Insider reported in September that Amazon is considering opening around 1,000 same-day fulfillment centers across the United States by 2031. An analyst stated that this would create a similar advantage to Walmart, which is to have more fulfillment centers located closer to more customers.

If you have any news tips regarding Amazon's retail business, you can contact this journalist through abitter @ businessinsider.com, or via the encrypted communication app Signal at 808-854-4501. Please use a personal email address, a non-work-related WiFi network, and a non-work-related device; below are our guidelines for securely sharing information.

Tip
$0
Like
0
Save
0
Views 20
CoinMeta reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”,and we will handle it promptly。
Submit
Comment 0
Hot
Latest
No comments yet. Be the first!
Related
Blacksmith Valued at $1 Billion After Sequoia-led Series C Financing
Blacksmith, which helps enterprises build and test software more efficiently, including writing code with AI, has announced the completion of a $66 million Series C financing led by Sequoia Capital, raising the company's valuation to $1 billion. The company stated that its annual recurring revenue has increased by 17 times, and it has executed over 90 million CI tasks.
TechCrunch
·2026-10-22 01:33:25
2
Super Micro raises revenue forecast to $19.5 billion, driving up stock prices of SMCI, Dell, and HPE
Super Micro Computer Shares rose by about 12% on Wednesday, following a significant upward revision by this AI server manufacturer of its quarterly revenue and profit margins expectations, indicating that demand for artificial intelligence infrastructure remains strong. The company expects its quarterly revenue as of September 30 to reach $18.5 billion to $19.5 billion, up from the previous range of $14.5 billion to $15.5 billion; the gross margin forecast has also been raised to 12% to 12.5%. This news also boosted the stock prices of Dell Technologies and Hewlett Packard Enterprise.
Coinpaper
·2026-10-22 01:14:11
8
In 2026 on HuskyHack, college entrepreneurs stand out with fintech solutions
The Sound Credit Union and the Center for Business Analytics at the University of Washington Tacoma stated that the second HuskyHack attracted over 100 students from across the state to participate. In the end, a real-time fraud detection service Scout developed by two finance majors won, receiving a prize of $15,000 and six months of membership at the Seattle CoMotion Labs.
PR Newswire
·2026-10-22 01:14:09
6
Jensen Huang releases the AI factory that can be deployed within 14 days; NVIDIA's stock price rises by nearly 2%
NVIDIA's stock price rose nearly 2% on Wednesday, following CEO Jensen Huang's announcement on GTC Berlin of a modular AI factory solution that can be deployed within 14 days. NVIDIA stated that this solution can reduce the traditional installation period of about six months to two weeks, but it still requires external power, cooling, and network connectivity; the company has not yet disclosed specific order volumes or revenue forecasts.
Coinpaper
·2026-10-22 01:14:07
11
Adam Neumann claims that a 30-minute drive led to a disaster that resulted in a WeWork valuation of $47 billion
Adam Neumann stated that a brief meeting with SoftBank founder Masayoshi Son in 2016 led WeWork to shift from its originally more conservative financing and profit-making plans towards pursuing larger-scale capital and expansion. The valuation of WeWork once reached $47 billion, but after facing setbacks in 2019, it fell into crisis and filed for bankruptcy protection in 2023.
Coinpaper
·2026-10-22 01:14:04
7
View More