DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/90b6e5/grocery_stores_and) has announced the addition of the "Grocery Stores and Supermarkets" report to their offering.
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Brief Excerpt from Industry Overview Chapter:
The US retail grocery industry includes about 65,000 supermarkets and other grocery stores with combined annual revenue of about $465 billion. Major companies include Kroger, Safeway, and SUPERVALU as well as Ahold, the US division of Netherlands-based Royal Ahold. The industry is concentrated: the 50 largest companies generate about 70 percent of revenue.
Convenience stores, discount stores, and warehouse clubs and superstores that sell groceries are covered in separate industry profiles.
Population growth and consumer tastes drive demand. Because margins are low, the profitability of individual companies depends on high volume sales and efficient operations. Large companies can offer a wide selection of products and have advantages in purchasing, distribution, marketing, and finance. Small companies can compete effectively by offering specialty products, serving a local market, or providing superior customer service.
Discount stores and warehouse clubs have aggressively pursued the retail grocery market, and Wal-Mart is the largest seller of groceries in the US. Other competition includes specialty food stores, convenience stores, drugstores, dollar stores, and, to some degree, restaurants.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major products sold include perishable foods (50 percent of industry sales); nonperishable foods (25 percent); and nonfood items (20 percent). Perishables include meats/poultry/fish, produce, dairy, frozen foods, and deli items. Nonperishable foods (or dry grocery products) include most packaged goods, such as cereals, snacks, and soft drinks. Nonfood items include health and beauty products, general merchandise, and medication (including ...
Key Topics Covered:
Quarterly Industry Update
Trends AND Opportunities
Call Preparation Questions
Website and Media Links
Glossary of Acronyms
For more information visit http://www.researchandmarkets.com/research/90b6e5/grocery_stores_and
Source: First Research