Going online: Several retailers are seeking to make it easier to buy groceries online. That’s particularly important given that about 39 million people in the US live in low-income and low-access areas, per a recent USDA report. Within that group, 18.8 million people—or 6.1% of the US total population—have limited access to a supermarket or grocery store.
- For example, Walmart last week rolled out a series of updates to its online shopping channels that includes the option to filter items by those that are EBT- or SNAP-eligible.
- It isn’t just large retailers eyeing the opportunity. Shopify solution provider Grocerist announced it has received USDA approval for Gong’s Market, becoming California’s first single-store grocer to accept SNAP payments online.
- Those efforts dovetail with Instacart and Target beginning to accept SNAP payments earlier this year.
- Meanwhile, warehouse club BJ’s Wholesale Club last week began accepting SNAP payments across all of its US locations, as well as on its website and app.
The big takeaway: Amid a competitive environment in which customer loyalty is increasingly breaking down, there are multiple ways for retailers to gain market share by better serving lower-income consumers.
Go further: Read our report on the Era of Uncertainty here.
This article originally appeared in Insider Intelligence's Retail & Ecommerce Briefing—a daily recap of top stories reshaping the retail industry. Subscribe to have more hard-hitting takeaways delivered to your inbox daily.