The forecast: Walmart edged out Amazon in 2020 as the leading US grocery ecommerce retailer. We expect Walmart to continue outselling Amazon in grocery ecommerce sales through our 2023 projections.
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Looking ahead: Although many consumers have returned to in-store shopping, grocery ecommerce will continue to grow as a retail category. Sales will hit $122.39 billion this year and will cross $200 billion in 2024.