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Retail

UK 'Quick Commerce' Channel Worth £1.4bn, IGD Says

The UK 'quick commerce' channel, through which food and groceries are delivered consumers in less than one hour, and often under 30 minutes, is currently worth £1.4 billion (€1.6 billion), according to a new report from IGD.

The report is part one of a series that looks at the size, scope and growth of the 'quick commerce' channel.

Also referred to as rapid delivery, the channel is estimated to grow to £3.3 billion (€3.9 billion) in the UK alone.

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