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Special Report

Grocery Sector Outlook

April 2024

Consumers’ Prioritization of Necessities Supports
Grocery Sector’s Standout Property Metrics

Consistent spending and foot traffic at grocery stores over the past 24 months has the sector in a position of strength. While consolidation and increasing competition from discount retailers are concerns, regionality and strong tenant demand remain apparent. These dynamics, along with tight vacancy and limited construction, will benefit owners of net-leased grocery stores and supermarket-anchored centers. 

Key Features Include:

  • Update on the proposed Kroger-Albertsons merger and other recent grocer consolidations
  • Discussion of broader consumer trends that are shaping grocer competition
  • Identification of the most visited supermarket banners by state
  • Analysis of grocery sector fundamentals and investment outlook
MM Texture Background