Grocery sales growth will rebound this year, report says

Although Coresight Research expects annual sales growth will rebound this year for U.S. grocers, it believes that growth will level off in the years ahead. In 2029, the firm estimates yearly growth will still be at 3.1%. This forecast reflects a few countervailing trends shaping the industry right now. While discount and specialty grocers are rapidly expanding their store count, conventional grocers have slowed their unit growth considerably as they struggle to connect with price-conscious shoppers.