Walmart and Aldi are most trusted grocery brands; ShopRite ranks high in the Northeast
According to the fifth annual grocery edition of its Most Trusted Awards, BrandSpark, in partnership with Newsweek and Winsight Grocery Business, found that Walmart is the most trusted conventional grocer in the United States and Aldi is the most trusted discount and...Plans for ShopRite in Atlantic City are dead
According to published reports, ShopRite will not be coming to Atlantic City, NJ. After more than a year of talks with ShopRite Operator Village Super Market, the Casino Reinvestment Development Authority (CRDA) suspended negotiations. There had been little progress...Dollar stores gaining on traditional supermarkets
Dollar stores are well positioned to increase their share of the total U.S. grocery sales market, according to a report released earlier this month by Coresight Research. The report states that in the last three months, more than one in five consumers consistently...Grocery stocks outperformed the overall market in 2022
Although stock prices of publicly-traded food retailers had mixed results last year, most fared better than the overall market. Grocery stocks were stronger in the first half of the year compared to the second, as inflation and economic worries pushed stocks downward....Discount grocers outpacing traditional supermarkets
Sales growth at discount grocers like Aldi, Lidl and Grocery Outlet outpaced overall grocery sales growth in 2022, according to a report from Coresight Research. The report concluded that “discount channel growth will continue to outpace total grocery growth in...Instacart measures how social media trends turn into sales
Instacart released survey data last week showing that 83% of Americans view food and recipe content on social media platforms such as TikTok, Instagram and YouTube, including 61% who view such content at least once per week. However, the data also revealed that...Wawa planning to expand west and south
Following a report in April by the Philadelphia Business Journal that Wawa is plotting the “most aggressive growth” in its history, the company announced earlier this month that it is scouting locations for gas and convenience stores in Ohio, Kentucky, and...Giant and ShopRite dominate market share in Greater Philly
Food World recently concluded that sales from Giant and ShopRite totaled more than 56% of the overall grocery market in the eight-county Philadelphia area during the 12-month period that ended March 31, 2022. According to the report, Giant had a 30% share of the...Grocery store sales help lift October retail sales
According to the U.S. Census Bureau, advance estimates indicate that nationwide retail sales picked up slightly in October, with grocery stores among the leading drivers. The Bureau’s report said October retail and foodservice sales totaled $694.52 billion, up...By David Goodman
