This is the weekly snapshot of top grocery disruptions and trends in the Grocery industry (1 August- 5th August)
AI & Robotics: The Fresh Market is targeting newsletter subscribers by adding shoppable videos to its newsletters. The main reason behind reaching subscribers is to drive more engagement and shopping list creation
Store of the Future: The world’s biggest vertical farm, spanning over 330,000 square feet, has just opened in Dubai. ECO1, Emirates Crop One, uses LED lights and precisely measured nutrients solution to grow crops without natural sunlight.
Online Grocery: Associated Wholesale Grocers (AWG) has teamed up with DoorDash to provide on-demand grocery delivery services to indie grocers.
Consumer Trends: DoorDash sees the total number of orders it delivered grow 23% year over year to 426 million. The revenue of DoorDash grew by over 30% due to increased numbers of orders.
Digital Supply Chain: Vori, a B2B grocery supply chain tech platform, bags $10M as funds in the Series A round.
Metaverse: The experts shared that consumers are in the metaverse, and brands need to enter it now to reap benefits. Right now, the metaverse offers less competition and more growth opportunities.
