Oracle Grocery Retail 2020 consumer research survey shows that 53% of respondents in the U.S. have shopped online for groceries during the pandemic, with 37% stocking up more frequently online than in-store.
Oracle Retail consumer research survey finds grocery shoppers opting for virtual carts during the pandemic. More than half of those surveyed buy groceries online regularly, but panic purchasing is easing.
There is considerable debate on whether this holiday shopping season will be the boost retailers sorely need, or a corona-bust. Oracle recently published data that shows what consumers now expect. Behind the numbers, Oracle's Mike Webster shares three issues retailers must tackle.
To manage the rapid jump in demand during the COVID-19 pandemic, ABC Fine Wine & Spirits leaned into its partnership with Oracle to bring BOPIS, delivery and omnichannel capabilities up to speed in a hurry.
Retailers must determine how to effectively manage their retail supply chain and retail inventory to meet today's consumers' demands to ultimately reverse the bullwhip effect and effectively plan for the road ahead.