As the pandemic began in the spring, consumers were hoarding groceries and household staples, driving up sales at top chains like Walmart, Costco and Kroger.
But the height of the boom is over for America’s biggest grocers. Food and beverage sales at US retail stores grew 11.5% in August compared with last year, according to Nielsen. That compares with 31.2% year-over-year growth in March.
Sales online have also moderated. Delivery and curbside pickup sales totaled $5.7 billion in August, down from $6.6 billion in May and $7.2 billion in June, consulting firm Brick Meets Click said in a report Thursday.
Source: CNN
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