Your favorite grocery store may be cut in half
Have you walked around a new grocery store and thought, “This place seems a bit snug?” Well it’s not your imagination, grocery stores are getting smaller.
Remember those charming neighborhood markets you see in older movies? Well in the same spirit, many mega supercenter grocery stores are now going mini.
After years of grocery stores expanding in physical size – they are now shrinking, according to a new study.
Money Magazine reports that a few years ago, the typical size of a grocery store was 45,000 square feet, up from 35,000 in the 90s. But now, it says stores across the country are downsizing.
These chains are hoping to cash in on a more small town neighborhood feel to compete with larger local grocers.
Even big stores like Walmart are working on smaller versions of their brand.
Companies are hoping this smaller environment will mean a customer will drop into the store many times in one week instead of one big shopping trip once a week.
Now, as a customer in these smaller stores, we’ll likely not see the same variety in products.
But the stores believe many people, especially millennials, want a more personal and less time-consuming process for their shopping.