Industry Analysis & Industry Trends
Throughout the next five years, demand for the Supermarkets and Grocery Stores industry should slightly increase, generating a steady stream of revenue. As the economy recovers and household disposable income further expands, consumers will increase purchases of premium-brands and private-label brands, which should increase the average transaction sizes for grocery stores... purchase to read more
Industry Report - Industry Analysis Chapter
The Supermarkets and Grocery Stores industry retails general lines of food products, including fresh and prepared meals, poultry and seafood, canned and frozen foods, fresh fruit and vegetables and various dairy products. Over the past five years, fluctuations in household disposable income caused consumers to reduce the quality and quantity of goods they purchased at grocery stores. While consumers purchased more discount and private-label brands, grocery stores still experienced declines in revenue due to overall reduced consumer spending. Overall, industry revenue fell at an annualized rate of 0.4% to $522.5 billion, including a 1.7% decrease in 2014.
Grocery stores offer a variety of staple food and beverage items that are purchased regardless of price... purchase to read more