$9.8 Billion

MESSAGE FROM THE PRESIDENT

June 2, 2025

Amid growing concerns from our retail sector members about tariffs, some good news emerged recently for grocery retailers. E-grocery sales appear to be robust and steadily growing.

According to a story published by Mass Market Retailers on May 19, e-grocery sales surged to $9.8 billion in April, continuing an upward trend. This growth accounted for three-quarters of total sales growth last year. Notably, stores with strong membership and loyalty programs are performing the best.

“The findings suggest that regional grocers must rethink their e-grocery strategies. Experts recommend blending fast, free pickup options with compelling subscriptions, personalized rewards, and targeted outreach to inactive customers to drive loyalty and protect margins," the article states.

I’ve personally never tried purchasing groceries this way, but with a trend that strong, I fully intend to give it a try!

News You Can Use

We kick off the week of economic news today with manufacturing numbers from May and April construction spending. April factory orders and job openings are out on Tuesday, while ADP employment figures for May are released Wednesday morning. April trade deficit numbers are out early Thursday morning, and Philadelphia Fed President Patrick Harker will make remarks later that afternoon. We wrap up on Friday with the U.S. unemployment rate for May and consumer credit results for April.

This is a relatively quiet week for earnings calls. We start today with Campbell's Soup and Science Applications International Corporation (SAIC). CrowdStrike Holdings headlines Tuesday's calls and is joined by Dollar General, Donaldson, Signet Jewelers, and Hewlett Packard Enterprise. Dollar Tree reports on Wednesday along with Thor Industries, Genesco, Five Below, and others. Toro, Broadcom, DocuSign, ABM Industries, and others round out the schedule for Thursday and Friday.

Michael J. Quaranta

President

Delaware State Chamber of Commerce

Uniquely Delaware

What is the average hourly pay in Delaware?

According to the Bureau of Labor Statistics, total private average hourly earnings are $32.37 as of March 2025. That hourly rate is not seasonally adjusted. The data shows that the average weekly earnings are $1,052.03, and Delawareans work 32.5 hours per week, on average. When looking to our neighbors, Pennsylvania workers make slightly more at $32.52. New Jersey workers make an average of $37.68, while Maryland workers make $35.63. Read more >

Harvey Hanna and Associates, Inc. (HHA) is a Delaware-based real estate company that develops, owns, and manages industrial parks, business campuses, and retail hospitality properties throughout the Mid-Atlantic region.

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