Dive Summary:

• Conventional grocery stores experienced an increase in sales of 3.4% to 517.7 billion in 2012 with non-traditional grocery stores, like supercenters, experienced the strongest growth in sales, according to a report released by the Food Institute and consulting firm Willard Bishop.
• “They held share, but nobody has really grown particularly explosively at a top level,” stated Jim Hertel, managing partner of Willard Bishop.
• According to Hartel, the keys for future growth lies in online food sales, citing the increase in online food sales by 16.9% in 2012. Online commerce is expected to grow approximately 12% on a yearly basis.

From the article:

By 2017, the market share for traditional grocery is projected to decrease 1.6 points to 44.9 percent, while share for nontraditional grocery will increase to 39.1 percent from its current 38.6 percent. Convenience store share will increase to 16 percent from 14.9 percent. Market share will increase for both fresh format and dollar stores by 2017 to 2.1 percent from 1.1 percent, and 3.1 percent from 2.4 percent, respectively.