Wednesday, July 2, 2014

Sales in non-traditional grocery formats up 3.1%, according to study

An annual survey conducted by Barrington, IL firm Willard Bishop revealed that sales within traditional grocery formats increased 1% to nearly $523 billion in 2013, while sales within non-traditional formats rose 3.1% to about $442 billion.

The market share for traditional formats decreased 0.5% to 46%, while the market share for non-traditional formats increased 0.4% to 39%.

In addition, the survey found that convenience store sales accounted for 15% of sales - up from 14.9% - with stores selling gas accounting for 12.8% of the total.

E-commerce sales for food and consumables, which are included in the non-traditional grocery category, rose 13.7% to $21.1 billion, and the report projects that e-commerce sales will grow at a rate of 9.5% per year through 2018.

Food sales growth:

Fresh formats - 10.4%
Dollar stores - 8.9%
Limited-assortment stores - 4.1%
Supercenters - 4%
Super warehouses - 3.5%
Small grocery stores - 2.4%
Convenience stores - 2.4%
Wholesale clubs - 2.3%
Drug stores - 1.4%

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