Thrive Market Looks to Capitalize on Online Grocery Sales, Trending to Hit $100B/yr

Jun. 18, 2018 at 11:40 PM


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From launching an investment arm, to entering new categories and creating mission-based initiatives, it’s been a busy year for Thrive Market. But most importantly, by developing robust partnerships with its vendors, the online retailer has worked toward its overarching goal of making healthy foods more accessible to all consumers.

At NOSH Live 2018 Jeremiah McElwee, Thrive Market SVP of merchandising and product development, spoke to the assembled crowd about how Thrive can partner with brands and how it can serve as an effective sales and marketing platform. McElwee noted that, according to research firm Nielsen, by 2022 consumers will spend $100 billion dollars per year on online grocery shopping and that 70 percent of consumers will be grocery shopping online in the next five to seven years. Thrive itself, he added, has over 400,000 subscribed members.

Join us next time at NOSH Live Winter 2018 in Santa Monica, CA on November 29th and 30th! More information can be found here:
https://www.projectnosh.com/events/noshlivewinter18