Industry Analysis & Industry Trends
The Supermarkets and Grocery Stores industry has grown over the past five years, benefiting from a strengthening economy. As per capita disposable income increased during the period, many consumers shifted to premium, organic and all-natural brands, helping lift industry revenue. Despite revenue growth during the period, industry operators faced intensifying competition from alternative retailers. Consumers turned toward warehouse clubs and supercenters because of the cost savings and convenience of these retailers. Mass merchandisers are able to offer lower prices due to their scale of operations. Consumers also shifted toward limited assortment and fresh format stores that provide a simpler layout and primarily sell less costly store brand products... 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