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We believe recent M&A activity indicating the first major combinations of traditional bricks-and-mortar retailers with major online retailers in the US has strategic implications, not only for the US grocery industry, but across broader retail segments.
US e-commerce continues to grow at a mid-teens percentage pace annually, while total US retail sales have grown at 3%-4%; e-commerce contributed 40% of total retail sales growth in 2016.
Find out more here about the implications for the retail industry of the rapidly growing preference for shopping via smartphones, laptops and tablets.