Grocery-anchored retail shows promise in 2025, but success demands more than expansion, according to a report from JLL. Despite economic challenges, grocers must innovate to meet evolving consumer needs.
Foot traffic in grocery stores has rebounded, surpassing pre-pandemic levels with a 5.9% increase from 2019, following a sharp 11.4% decline in 2020.
In-store consumers spent an average of 23.4 minutes shopping in 2024, down 1.4 minutes from 2019. That came as e-commerce enabled many to do their shopping from home. Also, many visit multiple stores to compare prices and take advantage of deals to reduce the impact of food price inflation.
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