Craving insights? New trends in grocery
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Smaller and more focused stores
Smaller footprints have more opportunities in urban locations and in mixed use projects. Grocers like Aldi and Trader Joe’s benefit from the flexibility to take smaller spaces in vertically integrated projects. HyVee recently announced that while traditional-sized stores will still be rolled out, smaller… Read More
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Categories: Americas Retail, Uncategorized and tagged Grocery, Grocery store, JLL Retail, retail, Shoppers, technology.
Advance estimates of U.S. retail and food services sales for March 2018, were $494.6 billion, an increase of 0.6 percent (±0.5 percent) from the previous month, and 4.5 percent (±0.5 percent) above March 2017 according to the U.S. Department of Commerce. Total sales for the January 2018… 
volumes increasing by 5.3 percent. The asset class remained stable amid a period of low retail transaction volumes. But after grocery store expansions went… 
Today, more than 40 minutes a week is spent grocery shopping, adding up to more than two full days a year that shoppers weave through produce aisles and shiver in the freezer section, according to the Time Use Institute. There are more than 38,000 grocery stores nationwide and JLL’s latest Grocery Tracker… 
1) The End of Overbuilding: Concerns of an overbuilt market impacting Atlanta retail are finally beginning to wane, and the sector is back on the upswing. Overall retail absorption is increasing, which is good news for the suburban market. There was a net 3.3% absorption across the market over the past year, with staggering in-town absorption of 10%. Vacancy rates… 
1) Hello, Online Grocery Shopping. Grocery shopping as we know it is changing. Boston Consulting Group (BCG) expects the global online grocery market… 
