Walmart is Winning the Race to Dominate a $ 35B Business

Walmart is kicking its competition to the curb, according to a reportfrom financial services firm Cowen and Company.

Cowen released analysis asserting that Walmart is leading the way in curbside pickup, a service that could generate an estimated $30-35 billion for the grocery industry annually by 2020.

Basically, a significant chunk of purchases will rely on curbside pickup in the future. The report went on to estimate that by 2020, a quarter of Americans will have tried some kind of curbside pickup service, “given high customer satisfaction, younger customer preferences for curbside, and higher spend in this channel.”

To read the rest of the story, please go to: Business Insider