Cheers! Although overall annual supermarket sales are relatively flat, there’s nothing flat about beverage category performance. Moreover, nearly all retail beverage segments are generating annual percentage gains that outpace the channel itself.
Among those profiling supermarket trends and category performance is Willard Bishop LLC, an Inmar Inc. business in Long Grove, Ill. In its May 2016 report, “The Future of Food Retailing,” Willard Bishop notes there were 26,223 traditional supermarkets in 2015 and they generated $467.8 billion in annual sales and weekly store sales of $343,042. Because traditional supermarkets boast an average of 45,000 SKUs and can offer additional services, these stores offer consumers diversity and the largest number of products from which to choose.