ICLE on Grocery Market Share
The seismic shifts that have reshaped the American grocery retail landscape over the past decade must be acknowledged. The top 15 grocers, including industry behemoths Amazon, Costco and Walmart, have extended their reach far beyond traditional supermarkets. Online grocery shopping has accelerated, with only 44% of Americans now primarily purchasing groceries at physical stores, down from 63% before the onset of the pandemic. Even if the proposed Kroger-Albertsons merger progresses, it would still fall significantly short of reaching half of Costco’s market value and would represent only 8% of nationwide sales, according to the International Center for Law and Economics.