The expansion runway for big boxes is running out. After years of building larger and larger stores to stock more and more products, several leading retailers are realizing that future success might come from going smaller – especially as more sales go online. Indeed, six of the top 10 fastest-growing banners to 2018 identified by Planet Retail are small-box formats. These include growth-minded value retailers, fresh-focused start-ups, and mass retailers looking to attract fill-in trips.
In this session, the latest trends in small format grocery retailing will be shared and discussed. We will investigate the factors driving this trend, the implications of operating a smaller footprint and the competitive impact to the traditional supermarket.
