Industry Analysis & Industry Trends
The Supermarkets and Grocery Stores industry has grown over the past five years, benefiting from a strengthening domestic economy. As per capita disposable income has grown over this period, some consumers traded up to premium, organic and all-natural brands, helping lift industry revenue. Over the next five years, the industry is anticipated to grow as a result of rising discretionary income, albeit at a more conservative rate than in the previous five-year period. As health concerns intensify, more consumers will seek all-natural and organic products, which are priced at a premium... purchase to read more
Industry Report - Industry Locations Chapter
As with most retail industries, the location of establishments falls broadly in line with how the population is dispersed throughout the United States. In theory, the greater the number of residents, the stronger the demand for supermarkets and grocery stores should be. Therefore, major retailers strategically locate their establishments in and near large cities. Other factors that influence the distribution of industry establishments is shopping preferences in specific states and regions. For instance, warehouse clubs and supercenters are more heavily concentrated in the Great Lakes and Southeast, curbing the need for supermarkets and grocery stores.
This industry is largely concentrated in the Mid-Atlantic region, which accounts for 24.5% of establishments... purchase to read more