U.S. Food Retail Industry - Statistics & Facts

U.S. Food Retail Industry - Statistics & Facts

Statistics and facts on the food retail industry in the U.S.

The food retail industry comprises foods sold at food retailers such as grocery stores, mass merchandisers, drug stores, convenience stores and foodservice facilities. Total retail and food service sales in the United States amounted to about 5.32 trillion U.S. dollars in 2015.

The American retail landscape is characterized by leading food retailers such as Walmart, Kroger and Costco. Walmart (excluding Walmart International and Sam's Club) generated net sales amounting to 298.38 billion U.S. dollars in 2016 and operated 4,574 stores nationwide.

Shoppers in the United States made about 1.6 trips to grocery stores on average per week in 2016. According to a recent survey, some 65 percent of U.S. shopping trips are reported as quick trips, while 10 percent of shopping trips were driven by pantry-stocking. In addition, customers tend to do their grocery shopping mainly between 11 am and 3pm.

Photo: istockphoto.com / monticello

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