This industry profile provides a five-year forecast for Canada’s Grocery Stores Industry.
Canadian Industrial Profile: Grocery Stores—Autumn 2016
Canadian Industrial Profile: Grocery Stores—Autumn 2016
Industry Economic Analysis
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- Checkout Technology—A growing number of grocers are embracing technologies, such as self-checkout lanes, that allow them to reduce checkout times and improve productivity.
- Online Groceries—As more Canadians warm up to the idea of ordering groceries online, grocers such as Loblaws are expanding their grocery pickup offerings. Others, like Costco, are experimenting with delivery services.
- Profit Margins—The continued push by retail giants Costco and Walmart into the grocery market segment will continue to challenge traditional supermarket chains and put downward pressure on industry margins through the medium term.
