Popularity of drugstores, online retailers may slow growth of traditional grocers
North Jersey’s traditional supermarkets, already battling competition nfrom discounters such as Walmart and Target, as well as new arrivals nlike Whole Foods, Trader Joe’s and Fairway, have some new rivals nnibbling at their sales — drugstores and online retailers.
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n Drugstore chains and e-commerce giant Amazon are taking a big enough nbite out of traditional grocery sales to be included on an annual nindustry list of the top supermarket retailers in the United States and nCanada.
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n The trend could mean slower growth and fewer new stores for the nsupermarket chains that shaped North Jersey’s suburbs as they expanded —n Stop & Shop, ShopRite and A&P. NorthJersey – Read more…
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