Supermarkets have been a staple of American retailing for over 60 years. The food industry is huge, at over $600 billion, and the supermarket industry has been remarkably stable over a long period of time. We have approximately 35,000 full-sized supermarkets in the U.S. and this number has not changed appreciably over the past few decades.
What has changed is the intense amount of competition in the food sales sector. The proliferation of formats such as supercenters,
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