Blog

    [đź“„Report] Grocery Category Retail Ecommerce Industry Trends, Oct 2023

    November 10, 2023

    👉 THREE KEY FINDINGS IN GROCERY CATEGORY

    We have published the The State of Retail Ecommerce for Grocery Category, Oct 2023. There are three key findings that stood out to us:

    1. Revenue lost due to out of stock has spiked in by upwards of 42%, along with a steady decline of inventory on hand signaling potential supply chain concerns heading into Q4.

    2. The category is facing strong headwinds with declining revenue and unit margin %.

    3. ROAS has started to improved, despite substantial increases in ad spend and decreased CPCs..

    Share

    More from Leadership & Culture

    Subscribe to newsletter

    Blog form image