1、October 2024Specialty and Value Chains TransformGrocery in 2024Specialty and value grocery chains have emerged as topperformers in Q3 2024.What insights can location analyticsprovide about this trend?We dove into the data to find out.Table of ContentsOverview3Grocerys Continued Resilience3Non-Tradit
2、ional Grocery Chains Propel Industry Growth in 20244Shoppers Go the Extra Mile for Specialty Finds5Traveling Further to Specialty Grocery Stores5Longer Drives Each Year6Cost-Conscious Consumers Take Their Time at Value Grocers8In Search of Savings8H-E-Bs Value Banner Draws Parents Balancing Visit Fr
3、equency with Duration9Hy-Vee Reaches Broader Customer Base With Dollar Fresh11Grocery Stores at a Crossroads12 2024 Placer Labs,Inc.|More insights at placer.ai|2OverviewThe grocery industry has navigated unprecedented challenges in recent years frompandemic-driven shifts in consumer behavior and sup
4、ply chain disruptions to risingcosts,labor shortages,and increased operational demands.In the face of thesehurdles,the category has been pushed to innovate,adapting everything from productselections to shopping formats to meet changing consumer expectations.But within the grocery industry,some segme
5、nts resonate particularly strongly withthe 2024 consumer.This white paper dives into the data to explore two segmentsthat have been leading category-wide visit growth for some time:specialty and freshformat stores,which focus on produce,organic foods,and culturally specific items(think Trader Joes,S
6、prouts Farmers Market,and H Mart,to name a few),and valuegrocery chains like Aldi,Winco Foods,and Grocery Outlet Bargain Market.Locationanalytics show shoppers are increasingly drawn to these two grocery store types,ashift that has the potential to reshape the grocery landscape.How did value and spe