Large format stores increase share of groceries sold

Large format stores will generate more than half of all grocery sales in 2014. Last year, large format stores accounted for 48.8 percent of food sales. Research firm PMR predicts that this year large format stores will have a 50.9 percent share in food sales. There is a shift in the market from small grocery stores to modern trade format, such as supermarkets or discounters,” read a PMR report. “Smaller independent stores cannot keep up with the competition from large format chains.” The upward trend in large format store share will continue in the nearest future. In 2010, large format stores accounted for 40.8 percent of groceries sold.