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0 -0.000730994152046898 0.000730994152046768 0.00365497076023384 0.0153508771929824 0.0153508771929824 0.0131578947368421 0.0146198830409356
Stock impact report

Why Grocery Is Still A Winning Bet For Retailers And Investors [Forbes]

Grocery Outlet Holding Corp. (GO) 
Last grocery outlet holding corp. earnings: 3/24 04:05 pm Check Earnings Report
Company Research Source: Forbes
Consumers are visiting multiple grocers to compare prices, prioritizing private-label brands, and gravitating toward discount and specialty retailers. At the same time, foot traffic at grocery stores continues to rise and grocery-anchored retail centers are seeing record-low vacancy rates. Investors have also taken notice, as they remain bullish on the sector's long-term stability. With retail space at a premium and grocers refining their strategies, the next phase of grocery will be defined by discounters, omnichannel expansion, and grocers competing more aggressively for share of wallet as restaurants continue to see increased spending. Consumers are shopping differently—but they aren't shopping less For the past three years, the gap between food at home (grocery) and food away from home (restaurants) spending has widened. In 2024, U.S. consumers spent $21 billion more on food away from home than on groceries — six times the gap recorded in January 2022, according to PROMOT Show less Read more
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