The grocery sector has been among the most interesting to analyze during the pandemic. Some brands grew, while others struggled. And even when looking at the continued visits, consumer shopping patterns changed significantly.
The short term impact of the COVID-19 pandemic has been the primary focus, and with good reason. But, with states beginning to loosen restrictions and retail showing signs of a recovery, there are changes to consumer behavior that could have potentially long-lasting ramifications.
Several states have begun reopening their economies and the wider retail ecosystem has been watching closely. While early returns have been mixed in states like Georgia, signs are beginning to appear that could give a strong indication of what path retail’s recovery could take.
There are two major questions when looking at current data in the Grocery industry. Who is performing well during the crisis and what could it mean long term?
The supermarket industry is one of the few continuously bringing in traffic as the coronavirus pandemic unfolds. Analyzing the second week of March, grocers saw significant peaks, with Friday the 13th marking one of the highest traffic days in years.
Supermarkets especially have been at the forefront of news and consumer concerns. How have these retailers been holding up amid virus panic? Are traffic patterns similar to those of wholesale grocers, with surges in visits, or are people avoiding leaving their homes and resorting to delivery? We dove into the latest data surrounding the pandemic.
The Grocery and General Merchandise sector is a critical component of the wider retail landscape. How did the space perform in Q2? Our latest Retail Index breaks it down.