Good news for toys: Grocery Store Sales Are Up
I have long been an evangelist for selling toys in supermarkets. Consumers visit the grocery store two to three times a week so it’s a great place to expand revenues and build brand equity.
It was for this reason that my eyes caught an article in the December 13, 2008 New York Times entitled “Store Brands Lift Grocers in Troubled Times.” The article points out that “[a]s the economy plunges into a deep recession, grocery stores are one of the few sectors doing well. That is because cash-short consumers are eating out less and stocking up at the supermarket.”
So, if you are looking to expand your business in 2009 and beyond, this is a great time to plunge into the supermarket channel of trade. Here are a few of the top chains with their store counts:
Kroger 3,660 stores
Supervalu 2,200 stores
Safeway 1,740 stores
Food Lion 1,300 stores
Publix 950 stores
My suggestion: Go to the grocery store.
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