Bad news for the well-established Supermarket concept.
Here is a snippet from the story:
Sure, Americans head to Costco some days, drop by the dollar store another, and sometimes swing by their neighborhood grocer, too. But that doesn’t mean they’re happy about all that running around, andProgressive Grocer’s new annual report finds that many feel forced to make multiple trips to find everything they want.
And whether shoppers are looking for deals, quality or variety, supermarkets continue to be on the losing end, with their share of total grocery spending—about $2 trillion each year—falling to 54.5%. That means its slice of the grocery pie has fallen more than six percentage points since 2007. Warehouse clubs and supercenters continue to be the big winners, with their combined share rising from 25.1% in 2007 to 31.3%.
Read on:
http://www.mediapost.com/publications/article/280591/report-finds-grocery-stores-continue-to-lose-share.html?edition=94758
Happy Reading,
J.W. Gant
And whether shoppers are looking for deals, quality or variety, supermarkets continue to be on the losing end, with their share of total grocery spending—about $2 trillion each year—falling to 54.5%. That means its slice of the grocery pie has fallen more than six percentage points since 2007. Warehouse clubs and supercenters continue to be the big winners, with their combined share rising from 25.1% in 2007 to 31.3%.
Read on:
http://www.mediapost.com/publications/article/280591/report-finds-grocery-stores-continue-to-lose-share.html?edition=94758
Happy Reading,
J.W. Gant
No comments:
Post a Comment