Global Industry Overview: Grocery Stores
Retail grocers purvey a broad line of fresh, frozen, canned, and other prepackaged foods. Many of these stores also carry a variety of nonfood items such as health and beauty aids, paper goods, and cleaning supplies, but food and beverages make up the majority of their product lines and sales volumes. Excluded from this discussion are convenience stores and specialty food shops, such as butchers and produce markets.
Industry Snapshot
Within the world's largest economies, the grocery retailing industry remained fiercely competitive, slimly profitable, and dominated by a few multibillion-dollar companies in each national market....