date:Aug 06, 2013
ustry sales for food retail stores are estimated $85.5 billion in 2011, and it is projected to grow at a rate of 4.6 per cent annually, as more Canadians choose to eat at home.
The grocery market is highly concentrated and vertically integrated into food distribution. The top retailers are Loblaws, Sobeys, Metro, Costco, Safeway and Walmart, and they account for about 80 per cent of total food sales.
The Canadian Grocer (Executive Report 2012-2013), forecaste that convenience stores, hypermark