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1、October 2022Brick-and-Mortar GrocerysOngoing ResilienceDespite the challenges the grocery sector faces three quartersinto 2022,the industry has shown impressive resilience.Thiswhite paper takes a closer look at some of the factors keepingthe space thriving through uncertain times.2022 Placer Labs,In
2、c.|More insights at placer.ai|1From Pandemic to InflationInflation has hit the grocery segment particularly hard,with some estimates finding ayear-over-year(YoY)increase of 13.1%in grocery prices in July 2022.Supply-chainissues,labor shortages,and growing competition have been further testing thesec
3、tors resilience.At the same time,many leading grocers have found ways to thriveand continue driving visit growth despite the challenges.Many leading grocers have found ways tothrive and continue driving visit growthdespite the challenges.This white paper takes a closer look at the grocery categorys
4、recent performance tounderstand how top brands are coping with the increased competition and tighterconsumer budgets.We dove into the foot traffic data to find out how the rise indiscount grocery channels is impacting grocery visits and see how the currentinflation is affecting consumers grocery hab
5、its.We also looked at some highlysuccessful chains to understand what is setting them apart from the competition.As another eventful year draws to a close,read on to find out where thebrick-and-mortar grocery sector stands heading into 2023.The State of GroceryThe grocery sector has seen a dramatic
6、few years from early pandemic visit surgesto the more recent price hikes,supply-chain issues,and labor shortages.But despitethese challenges,grocery stores are weathering the storm.In 2022,foot traffic tosupermarkets consistently outpaced 2019 levels for seven out of the past ninemonths,which sugges