7.16.2012

Food anyone?



Boy, do we eat a lot.  A list of the 2011 largest retailers was recently released by the National Retail Federation (7/2/12).  No surprise, Wal-Mart tops the list by a huge margin.  The number 2 spot went to the largest supermarket company in the United States-Kroger. They have found some national success while still maintaining it local footprint.  They grew 9.1% from 2010.  Safeway saw a 5.6% growth and rejoined the top 10 list (first time since 2007). New programs like the mobile-driven “Just of you” helped gain more loyalty.  Whole Foods (with a new store opening this week in West Des Moines) and Aldi both enjoyed double digit growth last year.  With increase costs for food and fuel many consumers turned to club retailers and a strong desire to save time and money.  Convenience is the key with both of these commodities that
we all need to function on a daily basis. 

The 2011 largest retailers list is as follows:
1.      Wal-Mart $316B   +2.6%
2.      Kroger  $85B
3.      Target  $68B
4.      Walgreens $66B
5.      Cost-co   $64B
6.      The Home Depot  $62B
7.      CVS  $59B
8.      Lowe’s  $49B
9.      Best Buy  $37B
     10.  Safeway  $36B

What is your favorite store?  What have you cut down on since the recession ended in 2009?  Do you use grocery coupons to save $?  Happy shopping everyone!


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