Growth Of Supercenters, Dollar Stores Among Trends Discussed In ...
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Dollar stores: By 2011, there will be 27696 dollar stores with sales of $20.6
billion a food retail market share of 2 percent, the report states. ...
December 31, 2007
Growth Of Supercenters, Dollar Stores Among Trends Discussed In IDDBA Report
Although traditional supermarkets are seeing their largest sales growth in seven
years, they also face stiff competition from other food outlets, according to
"What's In Store 2008," the trends report from the International
Topics discussed in the report include:
Supercenters: The number of supercenters more than tripled from 1996 to 2006,
from 708 to 2,613 outlets, and 62 percent of American households shop at them,
according to the Nielsen Co.
Dollar stores: By 2011, there will be 27,696 dollar stores with sales of $20.6
billion a food retail market share of 2 percent, the report states.
Convenience stores: Convenience store numbers increased to 145,119 by the end of
2006, according to TDLinx, a service of the Nielsen Co. By 2011, food sales from
convenience stores should reach $166.1 billion from approximately 148,131
outlets, according to IDDBA.
Club stores: Club stores' dollar sales were $63.5 billion, representing a market
share of 7.4 percent, in 2006. By 2011, sales will reach $84.2 billion,
representing a market share of 8.2 percent, according to Willard Bishop's
"Future of Food Retailing."
Online shopping: The percentage of Americans who buy food over the Internet has
remained steady at 6 percent over the past few years, according to the Food
Marketing Institute. IDDBA reports that online grocery sales could increase as
high-speed computer connections become more common and tech-savvy young
consumers start shopping for themselves.
Meal-assembly centers: There are now more than 330 meal-assembly companies with
over 950 locations in North America, with supermarkets starting to enter the
business as well by opening centers in their stores.
For more information about the report, visit the IDDBA Web site.