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.”
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