In 2017, Kroger was by far the most profitable supermarket chain store in the United States, with a revenue of approximately *** billion U.S. dollars. Albertsons, which was the second most profitable chain store that year, earned roughly ** billion U.S. dollars in revenue.
Retail industry
In 2019, Kroger was also the leading supermarket in terms of the number of stores the company operated. Kroger accounted for over ***** stores within the United States that year. Royal Ahold/Delhaize USA stood in fourth place with just under ***** stores in the country. In terms of retail, the leading company in the world was Walmart, which generated retail sales of up to *** billion U.S. dollars in 2018. Other major players on the list included Amazon.com, Costco and Kroger.
The Kroger Co.
The Kroger Company, founded and headquartered in Ohio, United States, generated about ** billion U.S. dollars through non-perishable items, the company’s largest category in 2018. Additionally, the company made a considerable amount of its sales revenue through its perishable, fuel, and pharmacy segments.
In 2024, U.S. supermarket and other grocery store sales amounted to about ***** billion U.S. dollars. This is more than double the sales amounts that were generated back in 1992. Supermarkets and grocery stores in the U.S. WalMart stores dominated sales of the leading grocery retailers in 2023, generating close to *** billion U.S. dollars. Kroger and Ahold Delhaize each reached sales numbers of about *** and ** billion U.S. dollars, respectively, within the same period. In 2018, there were over 38,000 supermarket stores in the United States. Over ** percent of this total were supermarket chains. Supermarket formats In the United States, there are various types of supermarkets consumers can visit, such as natural/gourmet food supermarkets, warehouse grocery stores, and military commissaries. The most common type of supermarket in the country is one of the conventional kind. In 2018, there were just over ****** conventional supermarkets in the United States. The second most common type is the supercenter for groceries and mass merchandise, of which there were about ***** that year.
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Supermarkets and grocery stores have significantly transformed in recent years, driven by technological advancements and shifting consumer preferences. E-commerce has become a cornerstone of the industry, with over 70.0% of grocery retailers integrating online ordering and fulfillment into their operations in 2025. This shift has been fueled by consumer demand for convenience and efficient shopping experiences, prompting retailers to invest heavily in curbside pickup and home delivery services. Major players like Kroger have leveraged these innovations to maintain a competitive edge, while third-party delivery platforms like Instacart have enabled smaller grocers to compete with larger chains. The adoption of "dark stores" and AI-driven technologies has further optimized operations but heightened competition has limited revenue expansion. Over the past five years, revenue has been slipping at a CAGR of 0.1%, reversing course in 2025 to climb 1.1%, reaching $883.1 million. Over the past five years, the industry has faced rising labor costs and competition from discount grocers and private-label products. Automation has played a crucial role in managing these pressures, with more than 50.0% of transactions in major chains processed through self-checkout systems in 2025. Despite these advancements, wages have continued to rise, accounting for an estimated 10.7% of revenue. This has led retailers to focus on strategic pricing and the promotion of high-margin private-label products to sustain profit. The proliferation of discount grocers like Aldi and Lidl has intensified competition, forcing traditional supermarkets to innovate and adapt to retain market share. Looking ahead, supermarkets and grocery stores are likely to endure steady but marginal revenue growth over the next five years, influenced by economic and demographic factors. Increases in per capita disposable income and consumer spending suggest a stable economic environment that could bolster sales of premium and specialty grocery items. However, declines in the agricultural price index may pressure revenue growth, as lower prices could reduce sales value. Urban population growth will continue to drive demand for grocery products, encouraging retailers to adopt urban-centric strategies. Upcoming FDA regulations on product labeling and ongoing geopolitical tensions will present challenges and opportunities for the industry. Retailers that can navigate these complexities and align with evolving consumer preferences, such as the rise of functional foods and the "quiet luxury" trend, will be well-positioned to thrive in a rapidly changing market landscape. Revenue is anticipated to expand marginally over the next five years at a CAGR of less than 0.1%, totaling $883.3 million in 2030.
Grocery store sales have grown dramatically since the 90’s. Since 1992, sales have more than doubled. The total sales generated by grocery stores in the United States in 2024 amounted to ***** billion U.S. dollars. Top Supermarket Chains The U.S. grocery retail market is dominated by chain supermarkets. In 2018 there were around ****** chain supermarket locations in the United States, compared to only ***** independent supermarkets. The leading American supermarket in terms of sales is the Kroger Company, which owns and operates several smaller supermarket chains across the United States. In 2023, Kroger’s total retail sales reached close to *** billion U.S. dollars. The runner-up, Albertsons, generated some **** billion U.S. dollars in sales that year. Americans at the Grocery Store Going to the grocery store is a familiar and comforting ritual for many Americans. In 2017, a survey of American households found that ** percent of Americans make a weekly trip to the grocery store, while some *** percent went to the grocery store four to seven times in a week. Although many products on the shelves of U.S. supermarkets claim to have various health benefits or that they were produced or sourced ethically, American consumers are most drawn to food products that claim to be fresh or farm-fresh.
Kroger was the leading supermarket in the United States in 2024, by a wide margin. It had nearly double the retail sales of the next chain, Albertsons. Founded in 1883 in Cincinnati, Ohio (where it is still headquartered), by Bernard Kroger, The Kroger Co. has become the largest supermarket chain in the United States and one of the largest overall retailers, behind the retailing giant, Walmart. Far-reaching impact It’s hard to pin down one aspect that explains Kroger’s revenue lead over its competitors, but surely reach is one such aspect. In 2025, nearly ********* of U.S. consumers shopped at Kroger on a regular basis and with ***** U.S. stores in 2023 the company ranked second in the list of supermarkets with most locations in the country, surpassed only by Aldi. Varied businesses Another aspect that may contribute to Kroger’s success is the fact that it is more than just a grocery store. In 2023, the company had revenues of over ** billion dollars from filling prescriptions in its pharmacies. Some of Kroger’s locations also include fuel stations. Revenue from its fuel segment exceeded **** billion dollars in the same year.
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Graph and download economic data for Retail Sales: Grocery Stores (MRTSSM4451USS) from Jan 1992 to Jul 2025 about groceries, retail trade, sales, retail, and USA.
Generating close to *** billion U.S. dollars’ worth of sales in 2023, Walmart was by far the leading food and grocery retailer in the United States. The retail giant made more than double the amounts generated by The Kroger Co., which ranked ****** that year. Food & grocery retailers While Walmart is a large and established food and grocery retailer, new companies are emerging on the market. Some of the fastest-growing retailers between 2014 and 2019 included Amazon.com, Dollar Tree, and Albertsons Cos. Amazon.com’s food and grocery sales grew by almost ** percent during that period and in 2020 totaled *** billion U.S. dollars. Walmart Walmart is an American retail corporation that was founded by Sam Walton in 1962. That year, the very first Walmart store opened in Rogers, Arkansas, and the number of locations has been growing ever since. By 2024, there were almost ****** stores across the globe, which were visited by customers an average of *** million times a week.
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Supermarkets and grocery stores have endured a transformative journey since 2019, shaped by the pandemic, geopolitical tensions and an ever-changing market landscape. Grocers first encountered unprecedented demand as lockdowns redirected consumers' spending from entertainment to at-home essentials. Sales spiked, but the boom was fleeting; by 2021, factors like declining disposable income and soaring food prices reversed the trend. Even post-pandemic, the industry is evolving—more consumers than ever are embracing online grocery shopping, prompting traditional retailers to bolster their digital presence. Those unable or unwilling to adapt were largely forced out, while the largest supermarket chains maintained dominance through aggressive merger and acquisition activity and by leveraging vertically integrated operations. This momentous period caused heightened revenue volatility that still persists. Revenue has been rising at a CAGR of 0.1% over the past five years and is expected to dip 0.9% in 2024 when revenue will reach $111.9 billion. Amid this transformation, significant profit disparities worsened in an incredibly concentrated industry. Geopolitical instabilities like the war in Ukraine intensified supply chain disruptions, impacting costs for retailers. Rising energy prices compound this issue, squeezing profit as transportation expenses mount. Meanwhile, climate change injects further unpredictability into production costs, forcing grocers to manage these pressures by cautiously adjusting consumer prices. A class-action lawsuit against Loblaw Cos. Ltd. underscores market concentration challenges, spotlighting potential anti-competitive behaviours and their implications. This legal scrutiny, combined with governmental pressure for price transparency, could foster a more equitable marketplace. Should dominant players like Loblaw adjust their pricing strategies, it may level the playing field for smaller competitors, expanding competition and consumer choice. Over the next five years, a stable economic backdrop will support modest revenue growth for supermarkets. As disposable incomes stabilize, a return to preferred brands could uplift grocers' revenue. A more tempered rise in food prices will allow for strategic pricing decisions, providing grocers with a favourable environment for maintaining consumer loyalty. Technological advancements will be pivotal, with retailers expected to deepen investments in e-commerce and in-store technologies like AI-powered inventory management. This investment will be crucial as online grocery shopping and big-box retailers thrive. Governmental regulatory efforts may also reshape industry dynamics, offering smaller grocers a greater chance to compete by enhancing pricing equity. Continued inventory diversification reflecting health-conscious consumer preferences will likely continue, driven by rising interest in plant-based and ethical products. Retailers that navigate these shifts adeptly, leveraging both technology and emerging consumer trends, are poised to gain a competitive edge. Revenue is forecast to climb at a CAGR of 1.7% over the next five years, reaching $122.0 billion in 2029.
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View monthly updates and historical trends for US Grocery Store Sales. from United States. Source: Census Bureau. Track economic data with YCharts analyti…
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Specialty food stores sell a diverse array of specialty products, such as baked goods, candy and snacks, artisanal cheeses and premium packaged coffee. While a strong economy and shifting consumer preferences have bolstered the industry, intense competition from specialty food aisles within traditional supermarkets and grocery stores has constrained growth. These mainstream outlets have expanded their offerings of organic, gourmet and premium items, attracting customers who might otherwise shop at specialty stores. This heightened competition has forced specialty retailers to innovate and find new ways to differentiate their unique products and services in a crowded market space. Nonetheless, rising health awareness and a shifting consumer preference toward premium, all-natural foods partially offset these conditions. Diet-conscious consumers have helped to support industry revenue by dedicating a large portion of disposable income to specialty foods, with sales for organic, local and gourmet products surging. Demand for specialty food increased dramatically in 2020 because of restaurants' temporary closure, which caused consumers to cook at home increasingly. However, revenue growth was stifled because of external competition with traditional supermarkets, which are often able to sell specialty foods for lower prices. In line with positive trends during most of the period, industry-wide revenue has expanded at a CAGR of 1.7% over the past five years to reach an expected $12.7 billion in 2025, including a 1.2% boost in revenue in 2025 alone. During this same period, profit has remained relatively stable at around 6.3%. Moving forward, the industry will benefit from improvements in the overall economy. Rising per capita disposable income and consumer spending are expected to benefit specialty food stores, weakening competitive pressure from regular supermarkets and other external competitors. Accordingly, specialty food store revenue is expected to heighten at a CAGR of 1.5% over the next five years to reach an estimated $13.7 billion in 2029. Similarly, industry profitability is forecast to remain relatively stable throughout the outlook period as consumer spending increases.
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The global market size for grocery store POS systems was valued at approximately USD 18 billion in 2023 and is projected to reach around USD 35 billion by 2032, growing at a CAGR of 7.5% during the forecast period. This market growth is driven by increasing demand for efficient transaction management and customer engagement solutions in grocery stores worldwide.
One of the primary growth factors for the grocery store POS systems market is the rising adoption of advanced technologies aimed at improving operational efficiency. Grocery stores are increasingly leveraging POS systems to streamline checkout processes, manage inventory, and facilitate customer relationship management. These systems not only speed up transactions but also provide valuable data insights that help store owners make informed decisions, thereby enhancing overall business performance. The continuous evolution of mobile and cloud-based POS systems has further bolstered their adoption across various retail segments.
Another significant driver of market growth is the increasing consumer preference for contactless payments and e-commerce. The COVID-19 pandemic has accelerated the shift towards digital transactions, compelling grocery stores to integrate sophisticated POS systems that support multiple payment options, including mobile wallets and contactless cards. This trend is expected to persist, propelling the demand for versatile POS solutions that can cater to diverse payment methods, thereby ensuring a seamless shopping experience for customers.
Moreover, the growing emphasis on personalized customer experiences is contributing to the expansion of the grocery store POS systems market. Modern POS systems are equipped with features such as customer data analytics and loyalty program management, enabling grocery stores to offer tailored promotions and rewards. This not only helps in retaining existing customers but also attracts new ones, ultimately driving sales and profitability. As retailers continue to focus on enhancing customer engagement, the demand for advanced POS systems with robust CRM capabilities is expected to rise.
In the realm of retail, Furniture Store POS Software is gaining traction as a specialized solution tailored to meet the unique needs of furniture retailers. Unlike standard POS systems, these software solutions are designed to handle the complexities of managing large inventories, custom orders, and delivery logistics associated with furniture sales. By integrating features such as real-time inventory tracking, customer relationship management, and sales analytics, Furniture Store POS Software enables retailers to streamline operations and enhance customer satisfaction. As furniture stores increasingly adopt digital solutions to improve efficiency and customer service, the demand for specialized POS software is expected to grow.
From a regional perspective, North America and Europe currently dominate the grocery store POS systems market, owing to the high penetration of advanced retail technologies and the presence of numerous large grocery chains. However, the Asia Pacific region is anticipated to exhibit the highest growth rate during the forecast period. Factors such as rapid urbanization, increasing disposable incomes, and the proliferation of organized retail chains are driving the adoption of POS systems in this region. The growing focus on digital transformation and the implementation of government initiatives to promote cashless transactions further support market growth in Asia Pacific.
In the grocery store POS systems market, the component segment is categorized into hardware, software, and services. Each of these components plays a crucial role in the overall functionality and efficiency of POS systems. Hardware components primarily include barcode scanners, receipt printers, cash drawers, and payment terminals. The increasing demand for compact and mobile hardware solutions is driving innovations in this segment. For instance, the advent of tablet-based POS systems has revolutionized the way grocery stores operate, offering flexibility and ease of use.
The software component of grocery store POS systems encompasses point-of-sale software, inventory management software, and customer relationship management (CRM) software, among others. The software segment is witnessing significant growth due to the rising need for integrated
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According to Cognitive Market Research, the global Grocery Store market size was USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.80% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.8% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.
The Retail Chain category is the fastest growing segment of the Grocery Store industry
Market Dynamics of Grocery Store Market
Key Drivers for Grocery Store Market
Growing Consumer Interest in Organic and Fresh Foods to Boost Market Growth: The market for grocery stores is significantly influenced by consumers' increased interest in fresh and organic foods. Organic vegetables, dairy, meats, and other minimally processed foods are becoming more and more popular among health-conscious consumers because of their perceived quality, environmental impact, and health benefits. Growing consumer awareness of pesticide use, genetically modified organisms, and additives has led them to favour products with organic labels and those supplied locally. In response, grocery stores have increased the variety of organic products they provide and established special areas, which draw in a devoted clientele and strengthen their brand identity. This change further supports the expansion of the grocery business by being in line with trends toward eco-friendly and sustainable practices.
Growth of Private Label Goods to Drive Market Growth: As private label items provide merchants with larger profit margins and competitive pricing, their expansion is a key factor in the grocery store industry. Store-branded private labels are popular among budget-conscious shoppers seeking high-quality substitutes for national brands. More control over pricing and production allows supermarkets and grocery stores to customize products to consumer tastes and new trends, such as organic or gluten-free options. Because consumers are drawn to unique products that aren't found anywhere else, private labels also encourage customer loyalty, which eventually improves store distinction and boosts total grocery sector sales.
Key Restraint for Grocery Store Market
Increasing Online Retailer Competition Will Limit Market Growth: The grocery store sector is being restrained by the growing competition from online retailers, as customers are attracted to the ease of online shopping and doorstep delivery. With their extensive assortment, affordable costs, and easy-to-use platforms that simplify shopping, e-commerce behemoths and grocery delivery services are alluring substitutes for conventional grocery stores. Due to this change, fewer people are visiting physical businesses, particularly younger, tech-savvy shoppers. Online merchants also frequently provide subscription-based discounts and tailored promotions, which help them gain market share. Digital trends are difficult for traditional grocery stores to adopt, which may hinder their expansion and financial success.
Key Trends for Grocery Stores
Sustainability and Eco-Friendly Initiatives: Consumers are increasingly favoring retailers that are dedicated to minimizing plastic consumption, food waste, and carbon emissions. Grocery stores are embracing sustainable packaging, providing locally sourced produce, and establishing recycling initiatives to resonate with eco-conscious consumer values and ESG (Environmental, Social, Governance) criteria.
Personalization Through Data Analytics and Loyalty Programs: Retailers are utilizing purchase history and behavioral...
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Supermarkets have maintained stable volume-driven business strategies amid a pricing environment that has been in the spotlight. Conflict in the Middle East, avian flu outbreaks and other inflationary pressures have driven prices up, with many stores passing on these costs to consumers. While consumers are paying more for groceries and upstream suppliers are seeing their margins shrink, supermarkets Coles and Woolworths have maintained relatively stable profit margins, among the highest in the world. The continued expansion of Aldi and Amazon has forced the two established industry giants to shift gears recently to remain price-competitive on both the physical store and online service fronts, launching short-term price discounting initiatives. These supermarket giants also rely on loyalty programs and promotions. Coles and Woolworths have displayed interest in data analytics, strengthening their relationships with analytics data giants like Palantir to optimise their marketing and operational processes. The ACCC's landmark supermarkets inquiry, while not finding evidence of price gouging, identified 20 key recommendations that would ensure a more sustainable market and avoid oligopolistic exploitation. Supermarket and grocery revenue rose significantly following the COVID-19 outbreak. A combination of panic buying, along with the suspension of many specials and promotions in supermarkets, boosted grocery turnover at the beginning of the period, spiking revenue for the two years through 2020-21. This high benchmark at the start of the period has resulted in an industry correction and an annualised revenue contraction of 0.4% to $144.3 billion over the five years through 2025-26. Revenue is estimated to climb 0.4% in 2025-26, reflecting the price-driven industry growth that falling tobacco sales have offset. Supermarkets and grocery stores are set to perform well, with industry revenue slated to climb at an annualised 1.5% through 2030-31 to $155.6 billion. Population growth will remain a key growth factor that stores rely on, as many continue a volume-driven business approach to generating revenue. Should the transparency-related recommendations from the ACCC's inquiry be implemented, some price-driven growth may be curtailed. Eventually, when inflationary pressures subside and consumer sentiment returns to a positive level, supermarkets and grocers will be well-positioned to take advantage of consumer appetite for value-added and premium goods. Strong growth in online sales is set to continue.
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Supermarkets have had to adapt to changes in consumer behaviour and competition from online retailers in recent years. The supermarket industry in France is dominated by a number of large supermarket chains, which are experiencing increasing competition from online-only retailers like Amazon Fresh. Thanks to the expansion of its omnichannel strategy, Drive, the market leader, is also leading the way in the click-and-collect food sector with offerings like Leclerc Drive or Carrefour Drive. Customers can purchase online and collect the ordered goods from a drive-in counter at an agreed time. Many start-ups also specialise in fast home delivery of food products and compete with supermarkets. However, providers like Gorillas are primarily active in large cities. Revenue is expected to grow by 1.1% to €276.3 billion in 2025. Between 2020 and 2025, industry revenue has increased at a compound annual rate of 0.6%, although high inflation has reduced consumers' willingness to spend. Despite the lower sales volume, supermarkets recorded a slight revenue growth resulting from higher consumer prices. High consumer prices are prompting more and more consumers to buy supermarkets' private-label products at low prices or to do all their shopping at discounters like Lidl. Sustainability aspects, technological innovations and private labels will shape supermarkets' product range and strategy in the coming years. Industry revenue is expected to climb at a compound annual rate of 2.3% to €309.8 billion through 2030. To remain competitive in this fiercely contested market, supermarkets must invest in new technologies to improve the customer shopping experience and retain loyalty.
We asked U.S. consumers about "Grocery shopping by store brand" and found that "Walmart" takes the top spot, while "Lidl" is at the other end of the ranking.These results are based on a representative online survey conducted in 2025 among 13,686 consumers in the United States. Looking to gain valuable insights about grocery store customers across the globe? Check out our reports about consumers of grocery stores worldwide. These reports offer the readers a comprehensive overview of grocery store customers: who they are; what they like; what they think; and how to reach them.
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Driven by the rising Hispanic and Asian populations in the US and an increase in at-home cooking during the pandemic, ethnic supermarkets have seen a significant surge in their consumer base. Besides, the sizeable spike in the immigrant population in the US also reinforces the growth of small ethnic grocers despite fierce competition from traditional supermarket chains. As a result, ethnic supermarkets are expected to continue their growth trajectory. The industry revenue has grown at a CAGR of 1.1% over the five years to 2025, amounting to $58.9 billion. This growth is also expected in 2025 when ethnic supermarkets' sales are expected to grow by 0.1%. In the 1970s and '80s, a marked increase in Asian immigration to the United States gave rise to grocery stores such as H Mart, Patel Brothers and 99 Ranch Market. Initiated in places like Chicago and the suburbs and outer boroughs of major cities, these stores were established to cater to immigrants' need for familiar tastes. Today, Asian flavors have swiftly captured the interest of Americans. Analysis by the data analytics firm Circana shows that US supermarkets saw almost a fourfold increase in sales from their "Asian/ethnic aisle" from April 2023 to April 2024, compared to overall sales growth. Asian grocery stores play a vital role in this change, more so than restaurants, cookbooks or online videos. However, the stricter immigration policies starting in 2025 will slow down the immigrant population, which is the industry's target customer base. Still, the threat to smaller ethnic grocers persists. Traditional grocery stores are stepping up, ready to cater to the growing ethnic communities. Such competition, along with price wars, may decelerate supermarkets' revenue growth. As the immigration crackdown is expected to continue during the outlook period, the road ahead for ethnic supermarkets may not be as smooth as expected. Overall, revenue for ethnic supermarkets is expected to increase an annualized 1.1% to $62.2 billion over the five years to 2030.
Walmart.com is leading the Food & Beverages e-commerce market in the U.S., with e-commerce net sales of US$7,759 million in 2024 generated in the U.S., followed by hellofresh.com with US$3,635 million. Third place is taken by amazon.com with a revenue of US$3,572 million. Safeway.com is the fourth biggest Food & Beverages online store in the U.S., with net sales of US$3,117 million in 2024. For an extended ranking, please visit ecommerceDB.com.
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Economic volatility has a limited impact on warehouse clubs and supercenters because these retailers offer low-priced goods. When consumer sentiment is high, shoppers spend more time shopping and buying extra items. Conversely, when consumer sentiment is low, warehouse clubs and superstores draw a larger pool of consumers as households seek to cut expenses by buying in bulk for the future. Many of these retailers have been able to attract and retain more business by offering memberships and reward programs that disincentivize consumers from visiting the competition. Revenue for warehouse clubs and supercenters is expected to expand at a CAGR of 3.1% to $768.3 billion through the end of 2025, including a jump of 1.9% in 2025. Profit is expected to account for 2.7% of revenue in 2020, a dip from 2020 because of strong competitive forces and inflation. Online companies can undercut traditional warehouse clubs and supercenters' prices by taking advantage of lower operational costs. The brick-and-mortar warehouse clubs and supercenters incur higher operational costs than online-based businesses because they pay for high-traffic retail space and require employees for daily operations. Retailers are increasingly optimizing their online presence for mobile shopping. Walmart has introduced a competing service known as Walmart+, which costs $98.00 annually. Walmart+ provides members with unlimited free deliveries, fuel discounts and a more streamlined in-store shopping experience via the Scan & Go feature on the Walmart app. Although this service emphasizes increasing Walmart's e-commerce sales, the fuel discounts and access to the Scan & Go feature on the company's app will encourage in-store purchases. Warehouse clubs and supercenters' revenue will climb as the domestic economy surges. Consumer spending and corporate profit boosts encourage future revenue growth by prompting more consumers to buy club memberships and spend on bulk purchases. Consumption rates will continue to climb across the US, promoting strong foot traffic and these retailers that often sell products in bulk. Nonetheless, increasing online competition will continue to threaten the industry as retailers like Amazon expand their customer base. Revenue for warehouse clubs and supercenters is expected to strengthen at a CAGR of 2.0% to $849.1 billion through the end of 2030.
In 2023, the food retail company with the highest turnover in Israel was Shufersal. The company brought in about 15.2 billion Israeli shekels in annual revenue, some 4.2 billion U.S. dollars. Rami Levi was second in the ranking, making 7.2 billion Israeli shekels, around 2 billion U.S. dollars, in annual turnover. It was followed by Merav-Mazon Kol with 5.3 billion Israeli shekels, 1.5 billion U.S. dollars.
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In 2017, Kroger was by far the most profitable supermarket chain store in the United States, with a revenue of approximately *** billion U.S. dollars. Albertsons, which was the second most profitable chain store that year, earned roughly ** billion U.S. dollars in revenue.
Retail industry
In 2019, Kroger was also the leading supermarket in terms of the number of stores the company operated. Kroger accounted for over ***** stores within the United States that year. Royal Ahold/Delhaize USA stood in fourth place with just under ***** stores in the country. In terms of retail, the leading company in the world was Walmart, which generated retail sales of up to *** billion U.S. dollars in 2018. Other major players on the list included Amazon.com, Costco and Kroger.
The Kroger Co.
The Kroger Company, founded and headquartered in Ohio, United States, generated about ** billion U.S. dollars through non-perishable items, the company’s largest category in 2018. Additionally, the company made a considerable amount of its sales revenue through its perishable, fuel, and pharmacy segments.