While discounters Lidl and Aldi didn't make Long Island's top 10, consumers struggling with inflation today are more willing to try the private-label brands they specialize in than in past years, grocery experts said.Ī recent Lending Tree survey with 526 respondents who were parents with children younger than 18 showed 54% changing to generic brands and 24% switching to stores with lower prices. This year, Costco is in third place with 8.21% of the market, followed by CVS with 6.75%, BJs with 6.21% and King Kullen, now in sixth place, with 6.02%.ħ-Eleven moved up the ranks, from 13th to seventh on Long Island, where the chain of convenience stores sells more groceries than Walmart, Target, Key Food, Uncle Giuseppe’s, Whole Foods Market and Trader Joe's. In 2017, Long Island-based King Kullen was third, followed by CVS, Costco and BJ's. But below them, there has been a reshuffling. On Long Island, the same two traditional grocery chains have stayed on top: Stop & Shop, with a shrinking but still commanding 19.07% market share, followed by ShopRite, at 9.13%, according to Food Trade News.
"Supermarkets have been pillars of thousands of American communities for generations, doing Herculean work to feed the country during crisis after crisis, COVID being the most recent example," Moses said. The retail landscape shift has been highlighted during the COVID-19 pandemic. In addition to the rise of discounters, “ethnic specialty grocers are also doing exceptionally well,” said Scott Moses, a Roslyn native and head of grocery, pharmacy and the restaurants investment banking group at Solomon Partners.Īlso, online players - Walmart, Target, Costco and Amazon are the largest online grocers - are taking a growing share of the pie. In Nassau, the number dropped from 544 to 409, a 24.8% decrease. The numbers do not include warehouse clubs, supercenters or convenience stores. The number of supermarkets and other grocery stores in Suffolk County declined from 500 in 2011 to 365 in 2021, a 27% decrease, according to the U.S. At the same time, the number of limited-assortment discount grocery stores, like Lidl and Aldi, and nontraditional grocery sellers, such as Dollar General, Costco and BJ’s Wholesale Club, is growing as those chains expand. The number of grocery stores on Long Island is shrinking, led mostly by a loss of traditional supermarkets from events including the 2015 closure of 51 Waldbaum’s and Pathmark stores after their parent company filed for bankruptcy (some were scooped up by competitors), the sale of Best Market, and the bankruptcy of Fairway Market.
Long Islanders spent $11.4 billion on groceries in the 12-month period that ended March 31, according to a June report from Food Trade News, a Columbia, Maryland-based trade publication. Today, 61% of American shoppers use nontraditional stores - such as discount grocers, wholesale clubs, and supercenters like Walmart and Target - for their primary grocery shopping, compared with less than 20% 20 years ago, according to Solomon Partners, a financial services company in Manhattan. The average American household shops for food weekly at five different retailers, including drugstores, dollar stores and online, according to the firm.įor retailers, the stakes are high. That's putting the squeeze on traditional supermarkets.Īnd Long Islanders are not alone. Several factors, including shoppers looking for lower prices, increased online grocery shopping and growing interest in specialty ethnic foods, all mean consumers are spreading their dollars across more places, experts said. “I have to because, otherwise, I can’t make the budget,” said Aziz, 50, who said she also shops at King Kullen, Target, ShopRite and Stop & Shop to make up for what she can’t find at Lidl. With two kids in college and inflation hitting a 40-year high, she's shifted most of her food shopping from a decades-old traditional grocery store to Lidl, a Germany-based discount grocer that entered the local market in 2019 by buying 27 supermarkets from Bethpage-based Best Market, including all 24 on Long Island. No importa si se an cabiado el nobre de Compare a Ideal, siguen vendiendo comoda casi espirada.Competition for Long Islanders' grocery dollars is heating up as new players enter the market and shoppers look for ways to cope with rising food prices. Shame on you! I am not buying from you retards again. Doesnt matter if they changed their name from Compare to Ideal Foods, they still sell almost expired food.
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