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Drone deliveries and holograph shopping are being fast tracked thanks to coronavirus: here are some companies set to benefit

Drone over a city

Coronavirus has accelerated the shift to virtual reality shopping, drone deliveries, and human-free stores like Amazon Go, according to one top banker.

Investors looking for companies that are ahead of the curve in terms of the future of grocery shopping should focus on Walmart, Amazon, and Kroger partner Ocado, Paul Cuatrecasas, founder and chief executive of investment bank Aquaa Partners, told MarketWatch in a recent briefing.

The coronavirus outbreak has seen demand for online grocery shopping surge as customers stay at home to avoid coming into contact with others.

A recent report by grocery fulfillment service Fabric forecasts online sales could make up one-tenth of all grocery sales by the end of 2020, four years sooner than previously expected.

“This pandemic has just turbocharged really everything ahead by five years and food and grocery is one of those areas,” Cuatrecasas said...

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