New York CNN Business — The outbreak of coronavirus is pushing Americans to buy their groceries online, a development that could have a lasting effect on the supermarket industry. “We are seeing a larger percentage of customers over the age of 60 that are coming online,” said JJ Fleeman, chief e-commerce officer for Ahold Delhaize in the United States, which …
New York CNN Business — Independent grocery stores and regional supermarket chains already face brutal competition and shrinking profits. “When these folks have less SNAP dollars to spend, it certainly affects our total sales,” said Kurt Schertle, chief operating officer at Weis Markets, a chain of 200 stores in the northeast. With cuts to SNAP, small chains or “single-store operators …
New York CNN Business — Traditional grocery stores in America are struggling. “It’s tough for the national players to match this.” Last year, sales at traditional supermarkets slipped 1.7% compared with 2017, even as they grew at wholesale clubs, supercenters and dollar stores, according to Inmar Analytics. Wegmans and others try not to be “everything to everyone,” like Kroger or …
