Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Does This Steak Go with My Shoes? Consumer Demand for Convenience Reshaping Grocery Retail Sector

28.04.2011
Want to pick up some steak for dinner along with a cute pair of shoes and a new flat-screen TV?

Growing consumer demand for convenience is the driving force behind changes to the grocery retailing sector over the past decade, according to a new report by researchers at the Ryerson University Centre for the Study of Commercial Activity (CSCA).

“People want to have the option of buying their groceries in the same places where they are purchasing clothing or electronics,” said Christopher Daniel, lead author of Emerging Trends in Grocery Retailing, recently published by the Ryerson CSCA. “This is a growing trend as more non-grocery retailers are offering convenience food products in their stores.”

Co-authored by Joe Aversa, a GIS analyst at the Ryerson CSCA, and the centre’s director, Tony Hernandez, the report examines key trends in the grocery industry over the past 20 years, the major players and the size of the market.

The report found that the industry is becoming fragmented into four main types of grocery retailers:

•“Pure play” grocery stores (supermarkets that only offer groceries such as Metro)
•General merchandise stores and warehouse clubs with food products (e.g. Zellers)
•Grocery stores with added general merchandise (e.g. Loblaw Superstore)
•Other retailers that offer groceries (e.g. Shoppers Drug Mart)
The researchers also found that over the years, mergers and acquisitions have helped to build Canada’s grocery retailers into large conglomerates. Loblaw Companies Limited, Metro Inc. and Sobeys Inc. now control 60 per cent of the Canadian grocery retail pie. The grocery sector also accounts for nearly 40 per cent of non-automotive retail sales in Canada.

In 2009, large format supercentres such as Costco and Wal-Mart also generated approximately $8 billion in grocery sales in Canada, which accounted for approximately seven per cent of the country’s total grocery retail sales. The researchers predict that their market share will continue to rise over the next decade as the number of supercentre stores increases.

Looking to the future, researchers at the Ryerson Centre for the Study of Commercial Activity foresee an increase in mixed-use locations where grocery retail developments will be combined with condos, office buildings, and even other retailers in multi-level developments.

“Traditional grocery retailers have had success in convenience and neighborhood level shopping centres while power centres seem to be favored by supercentre formats,” said Aversa. “In the future, grocery retailers will have to find innovative ways, such as being in mixed-use locations, to reach their customers in increasingly dense urban environments.”

For copies of the Emerging Trends in Grocery Retailing report, please contact Suelan Toye, Public Affairs, Ryerson University.

Ryerson University is Canada’s leader in innovative, career-oriented education and a university clearly on the move. With a mission to serve societal need, and a long-standing commitment to engaging its community, Ryerson offers more than 100 undergraduate and graduate programs. Distinctly urban, culturally diverse and inclusive, the university is home to 28,000 students, including 2,000 master’s and PhD students, nearly 2,700 tenured and tenure-track faculty and staff, and more than 130,000 alumni worldwide. Research at Ryerson is on a trajectory of success and growth: externally funded research has doubled in the past four years. The G. Raymond Chang School of Continuing Education is Canada's leading provider of university-based adult education.

Suelan Toye | Newswise Science News
Further information:
http://www.ryerson.ca

More articles from Business and Finance:

nachricht Europe's microtechnology industry is attuned to growth
10.03.2017 | IVAM Fachverband für Mikrotechnik

nachricht Preferential trade agreements enhance global trade at the expense of its resilience
17.02.2017 | International Institute for Applied Systems Analysis (IIASA)

All articles from Business and Finance >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Giant Magnetic Fields in the Universe

Astronomers from Bonn and Tautenburg in Thuringia (Germany) used the 100-m radio telescope at Effelsberg to observe several galaxy clusters. At the edges of these large accumulations of dark matter, stellar systems (galaxies), hot gas, and charged particles, they found magnetic fields that are exceptionally ordered over distances of many million light years. This makes them the most extended magnetic fields in the universe known so far.

The results will be published on March 22 in the journal „Astronomy & Astrophysics“.

Galaxy clusters are the largest gravitationally bound structures in the universe. With a typical extent of about 10 million light years, i.e. 100 times the...

Im Focus: Tracing down linear ubiquitination

Researchers at the Goethe University Frankfurt, together with partners from the University of Tübingen in Germany and Queen Mary University as well as Francis Crick Institute from London (UK) have developed a novel technology to decipher the secret ubiquitin code.

Ubiquitin is a small protein that can be linked to other cellular proteins, thereby controlling and modulating their functions. The attachment occurs in many...

Im Focus: Perovskite edges can be tuned for optoelectronic performance

Layered 2D material improves efficiency for solar cells and LEDs

In the eternal search for next generation high-efficiency solar cells and LEDs, scientists at Los Alamos National Laboratory and their partners are creating...

Im Focus: Polymer-coated silicon nanosheets as alternative to graphene: A perfect team for nanoelectronics

Silicon nanosheets are thin, two-dimensional layers with exceptional optoelectronic properties very similar to those of graphene. Albeit, the nanosheets are less stable. Now researchers at the Technical University of Munich (TUM) have, for the first time ever, produced a composite material combining silicon nanosheets and a polymer that is both UV-resistant and easy to process. This brings the scientists a significant step closer to industrial applications like flexible displays and photosensors.

Silicon nanosheets are thin, two-dimensional layers with exceptional optoelectronic properties very similar to those of graphene. Albeit, the nanosheets are...

Im Focus: Researchers Imitate Molecular Crowding in Cells

Enzymes behave differently in a test tube compared with the molecular scrum of a living cell. Chemists from the University of Basel have now been able to simulate these confined natural conditions in artificial vesicles for the first time. As reported in the academic journal Small, the results are offering better insight into the development of nanoreactors and artificial organelles.

Enzymes behave differently in a test tube compared with the molecular scrum of a living cell. Chemists from the University of Basel have now been able to...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

International Land Use Symposium ILUS 2017: Call for Abstracts and Registration open

20.03.2017 | Event News

CONNECT 2017: International congress on connective tissue

14.03.2017 | Event News

ICTM Conference: Turbine Construction between Big Data and Additive Manufacturing

07.03.2017 | Event News

 
Latest News

When Air is in Short Supply - Shedding light on plant stress reactions when oxygen runs short

23.03.2017 | Life Sciences

Researchers use light to remotely control curvature of plastics

23.03.2017 | Power and Electrical Engineering

Sea ice extent sinks to record lows at both poles

23.03.2017 | Earth Sciences

VideoLinks
B2B-VideoLinks
More VideoLinks >>>