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Research Outline

Prepared for Keiko O. | Delivered November 20, 2019

US Retailers, Grocery Market Share

Goals

Gain an understanding of who has the most share in the grocery space, as well as trends in what retailers will gain/lose traction in the space in the next several years

Early Findings

  • Walmart holds the largest market share in the grocery industry, with approximately 25% of the total market.
  • Kroger holds 10% of the US grocery market share.
  •  Other key players holding significant market shares include Albertson’s, Southeastern Grocers, Costco, Publix, Target, and HEB.
  • Over 40% of the grocery market is held by smaller retailers.
  • Trends in the supermarket and grocery space indicate that traditional grocery stores are losing traction, and nontraditional grocery competitors and box stores will continue to increase in share.
  • In 2018, traditional grocery retail channel had a decline of 1.1%, whereas food and consumables sales at nontraditional grocery retailers increased 1.9% 
  • This trend has been ongoing, with traditional grocery declining from 90% of the total food retail market share in 1988 to just 44% by 2018.
  • Non-traditional grocery increased from 2% to 40% total market share over the same time period.
  • Convenience stores are also projected to increase their market share in the food retail and grocery space.