According to IBISWorld’s July 2012 report, “Warehouse Clubs & Supercenters in the US,” supercenters are one of the fastest-growing industries in the retail sector and have shown consistent growth during the last five years. These stores have weathered the recession and the years following by offering a large selection of low-cost, quality products that fit with consumer budgets, the Santa Monica, Calif.-based market research firm reports. Plus, they offer a convenient, one-stop shopping experience for busy consumers to handle all of their errands in one trip by providing food and beverages, clothing, toys and electronics, jewelry and accessories, home products, pharmacies and more.
Willard Bishop’s June 2012 report, “The Future of Food Retailing,” states that mass merchandisers experienced 5 percent growth reaching $47.2 billion in 2011 in the grocery and consumables segment while their supercenter big brothers grew 5.6 percent to $184.2 billion. The Barrington, Ill.-based market research firm notes that mass merchandisers and supercenters control 4.4 percent and 17.2 percent, respectively, of the grocery and consumables market and carry about 95,000 and 100,000 SKUs, respectively, of grocery and consumables.