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Why Grocery Is Still A Winning Bet For Retailers And Investors

By Brittney Sherman

Why Grocery Is Still A Winning Bet For Retailers And Investors

Although consumers spent more on restaurants than groceries in 2024, grocery store foot traffic still climbed 10.9% from 2019, revealing that people are shopping smarter rather than less. Shoppers are visiting multiple grocers, comparing prices, and gravitating toward private-label and discount options. Grocers are responding by refining strategies, including discounter and omnichannel expansions, as they compete for a larger share of consumers’ wallets.


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