Over the next five years, Inmar Intelligence expects that there will be an overall return to pre-pandemic channel trends. The growth of Traditional and Non-Traditional Grocery will come at the expense of the Convenience format -- small stores that sell staple groceries, non-foods, and ready-to-eat foods designed for easy and quick access, and can include gasoline. This format is projected to continue to decline from 15.2 percent of dollar share in 2020 to 12.9 percent in 2025.
- Winston-Salem, NC, Sept. 23, 2021 (GLOBE NEWSWIRE) -- Inmar Intelligence , a data and tech-enabled services company, released today its 2021 Future of Food Retailing Report , which provides a detailed look into the food retailing industry in order to identify and quantify market dynamics, trends and behaviors.
- In addition to the sales increase, Traditional Grocery store count increased 0.6 percent to 40,616 locations at the end of 2020.
- Digital acceleration is affecting the long-term growth plans of food retailers and manufacturers, said Jim Hertel, Senior Vice President at Inmar Intelligence.
- Over the next five years, Inmar Intelligence expects that there will be an overall return to pre-pandemic channel trends.