In the Local Competitive Supermarket Market, A Tried-and-True Brand Stays Relevant
Phila. area grocery shoppers have a multitude of choices for amassing food and other goods. And several of the current competitors — Wegman’s, Trader Joe’s, Whole Foods, even Hello Fresh — are decidedly high-end. But a legacy brand has shouldered on, becoming the region’s top grocery store chain for 2021, according to statistics from a Tampa food service market research firm. Taylor Allen and Mike D’Onofrio bagged the details in Axios.
Malvern-based Acme Markets turns out to be the region’s top grocer, with 15.8 percent of market share.
The popular chain is owned by Albertsons. But that might change soon, as the parent company is currently considering the sale of some of its grocery chains (including Acme Markets) in a business-strategy realignment.
Albertsons owns 77 Acme locations in the Phila. area.
The other area food stores performed as follows:
Rank | Store | Market Share |
2 | Giant Food Store | 14 percent |
3 | Walmart | 10.9 percent |
4 | Costco | 6 percent |
5 | Wegman’s | 5.7 percent |
6 | BJ’s Wholesale Club | 5.4 percent |
7 | Shop Rite | 4.7 percent |
8 | Sam’s Club | 3.3 percent |
9 | Whole Foods Market | 3.1 percent |
10 | Target PFresh | 2.8 percent |
Meanwhile, Dollar Tree, owner of Family Dollar, had the highest number of stores in the area (252) but only came in 16th on the list.
Read more about grocery store performance in the Phila. area in Axios.
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