Have you stopped by your nearby grocery chain this week? If the answer is no, you’re not the only one. Increasingly, Americans are shopping for consumables other places. We get less than half our groceries at traditional grocery stores now.
Five years from now, we’re expected to spend even less time in the grocery-store aisles, according to a new study from grocery industry consultant Willard Bishop that forecasts where we’ll buy groceries in 2016. By then, grocery chains’ share of the market is expected to shrink from 40.1 percent to 37.4 percent.The sector lost 1 percent of its stores last year alone.
Biggest surprise on where we shop instead? Increasingly, it’s dollar stores.