1、Accelerating success.How Todays Grocers Make Key Decisions to Protect the Bottom Line,and the Implications to CREWinter 2022|U.S.Retail ReportContents Introduction Is Inflation an Influence?Shifting Consumer Preferences Affect Grocers Reshaping the Grocery Landscape A Case Study in Resilience:Balls
2、Foods USA ConclusionIntroductionAnjee Solanki|National Director,Retail Services&Practice GroupsThe modern American supermarket sales revenue totaled nearly$766bn(2021),more than double what it was 20 years ago.Once a place to quickly pick up household staples like milk,eggs,and bread,todays supermar
3、kets now provide a wide variety of food,beverage products,services,and dine-in options to meet the demand of Americas changing eating habits.Grocery chains are investing in new technology,smaller store formats and niche brands to cater to the needs of the next generation of customers looking for con
4、venience at an affordable price.In 2021,U.S.consumers spent an average of 10.3%of their annual household income on food at home(5.2%)and food away from home(5.1%).These changes have led to a steady increase in per-person spending on food in the U.S.,which is now being tested by inflation rates.When
5、demand for discretionary items slow,we will see a loss of profit from selling higher margin products.This,along with increased discounting to clear down inventory and some higher operating costs,are hitting the bottom line.Whats next?It appears everyone is in the food and grocery business,and merger
6、s are upon us.With margin compression occurring,grocers must become agile,efficient,and creative to bring the customer into the store.Read more about what we forecast and the trends we see.Is Inflation an Influence?Food retail inflation rateHistorically,the food category has been relatively unaffect