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Millennials with children are 50 percent more likely to shop for groceries online than total U.S. shoppers. According to a new survey from the Coca-Cola Co., online grocery shoppers are also more likely to be members of affluent households, multiculturals and urbanites.
Grocery delivery service Shipt has secured $20.1 million in Series A funding. Greycroft Partners, Harbert Growth Partners and e.ventures led the round to support the Alabama-based company's role in the fast-growing online grocery marketplace.
Smartphones accounted for 45.1 percent of all shopping traffic online in the first quarter of 2016. According to a study from Demandware, phones barely took the lead over computers, which accounted for 45 percent of all traffic.
At the end of its first year, online marketplace Jet.com has sold about $1 billion worth of goods to more than 4 million customers, reported Business Insider. The product assortment has grown by 20 percent to reach 12 million items for sale.
This year's Amazon Prime Day, the biggest day in the company's history, represented a 60 percent growth in global sales from last year's inaugural Prime Day. However, other e-commerce sites saw conversion rates and revenue go down on that day.
Safeway's e-commerce site topped the list of the 10 most popular U.S. shopping websites in June. According to analytics company SimilarWeb, the online grocer had the most pages viewed per visit on desktop, averaging more than 22 pages per customer visit.
Footwear brand Birkenstock will quit selling on Amazon due to the proliferation of fake and counterfeit products. In addition, the company will no longer allow third-party merchants to sell Birkenstock products on Amazon's marketplace.
Prime Day was Amazon's single biggest day ever. Sales soared 300 percent over last year and Amazon issued a statement last week detailing some highlights. But there was a good deal left unsaid, according to 1010data.
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