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Competition for the food dollar has never been greater, with more than a dozen types of retailers now vying for share of a retail market that is estimated to be worth anywhere between $450 billion and $612 billion. Traditional supermarkets are increasingly facing an identity crisis as they find themselves pressured by price/value players like Wal-Mart Supercenters and warehouse clubs like Costco and Sam’s Club on one side, and natural foods chains like Whole Foods on the other. Although the nation’s 34,000 supermarkets are still a dominant force in food shopping, their share of this business has rapidly declined, as has the frequency and extent of consumer shopping trips made to these outlets. Major demographic, lifestyle, and technological changes are creating a fertile environment for new concepts to entice shoppers, capture market share, and indeed re-invent the grocery industry. The Future of Food Retailing in the United States, an all-new Packaged Facts report, examines the entire food retailing milieu, probing trends for growth and projecting sales by channel through 2010. It analyzes consumer demographics, lifestyle trends, and shopping behavior for their current and projected impact on retail sales. It provides up-to-date profiles of trendsetting retailers—including Safeway, Food Lion’s Bloom stores, Publix Sabor, Whole Foods, Wal-Mart, Costco, Dollar General, and many others; and discusses retail strategies such as Hi-Lo vs. Every Day Low Pricing (EDLP), private label, and “lifestyle stores.” The report also spotlights new technologies including RFID, biometrics, and smart carts, and identifies new marketing opportunities within the retail food business, such as meal-preparation businesses.
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