US The Impact of COVID-19 on Food and Drink Retailing Market Report 2020
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Providing the most comprehensive and up-to-date information and analysis of the The Impact of COVID-19 on Food and Drink Retailing – US market, and the behaviours, statistics, preferences and habits of the consumer.
What are the key challenges facing the industry? Who is the consumer and what do they want? Where are the opportunities, where are the risks and what lies ahead?
The sudden escalation of the COVID-19 pandemic in March of 2020 had unprecedented impact on grocery retailing overall, as consumers quickly cut back on foodservice spending and flocked to supermarkets to stock up on groceries and other essentials. The rush put strain on the supply chain and emptied shelves in many staple categories. Nearly all food categories received a substantial short-term boost, although the spike in sales for non-perishable products in the center store was roughly double that of the perimeter. Amid substantial out-of-stocks, brand preferences often became secondary, giving private label new trial opportunities.
Written by John Owen, a leading analyst in the Food & Drink sector, his extensive knowledge delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.
Few industries have been more closely entwined with the COVID-19 pandemic than food and drink retailing. In mid-March as the crisis quickly escalated, consumers flocked to supermarkets to stock up on groceries and other essentials, stressing the supply chain and emptying shelves in many staple categories. Since then grocery retailers and suppliers have done their best to keep shelves stocked and have taken significant steps to keep shoppers and employees as safe as possible John Owen
Associate Director Food & Retail
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