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Compare foods farmingdale11/28/2023 "Supermarkets have been pillars of thousands of American communities for generations, doing Herculean work to feed the country during crisis after crisis, COVID being the most recent example," Moses said. The retail landscape shift has been highlighted during the COVID-19 pandemic. In addition to the rise of discounters, “ethnic specialty grocers are also doing exceptionally well,” said Scott Moses, a Roslyn native and head of grocery, pharmacy and the restaurants investment banking group at Solomon Partners.Īlso, online players - Walmart, Target, Costco and Amazon are the largest online grocers - are taking a growing share of the pie. In Nassau, the number dropped from 544 to 409, a 24.8% decrease. The numbers do not include warehouse clubs, supercenters or convenience stores. The number of supermarkets and other grocery stores in Suffolk County declined from 500 in 2011 to 365 in 2021, a 27% decrease, according to the U.S. At the same time, the number of limited-assortment discount grocery stores, like Lidl and Aldi, and nontraditional grocery sellers, such as Dollar General, Costco and BJ’s Wholesale Club, is growing as those chains expand. The number of grocery stores on Long Island is shrinking, led mostly by a loss of traditional supermarkets from events including the 2015 closure of 51 Waldbaum’s and Pathmark stores after their parent company filed for bankruptcy (some were scooped up by competitors), the sale of Best Market, and the bankruptcy of Fairway Market. Long Islanders spent $11.4 billion on groceries in the 12-month period that ended March 31, according to a June report from Food Trade News, a Columbia, Maryland-based trade publication. Today, 61% of American shoppers use nontraditional stores - such as discount grocers, wholesale clubs, and supercenters like Walmart and Target - for their primary grocery shopping, compared with less than 20% 20 years ago, according to Solomon Partners, a financial services company in Manhattan. The average American household shops for food weekly at five different retailers, including drugstores, dollar stores and online, according to the firm.įor retailers, the stakes are high. That's putting the squeeze on traditional supermarkets.Īnd Long Islanders are not alone. Several factors, including shoppers looking for lower prices, increased online grocery shopping and growing interest in specialty ethnic foods, all mean consumers are spreading their dollars across more places, experts said. “I have to because, otherwise, I can’t make the budget,” said Aziz, 50, who said she also shops at King Kullen, Target, ShopRite and Stop & Shop to make up for what she can’t find at Lidl. With two kids in college and inflation hitting a 40-year high, she's shifted most of her food shopping from a decades-old traditional grocery store to Lidl, a Germany-based discount grocer that entered the local market in 2019 by buying 27 supermarkets from Bethpage-based Best Market, including all 24 on Long Island. If you own a home or a business in Farmingdale Nassau County and you need Farmingdale Supermarket, then give Compare Foods a call now or fill out the contact form below and someone will get back to you and help you with your Farmingdale residential, commercial, or industrial needs.Competition for Long Islanders' grocery dollars is heating up as new players enter the market and shoppers look for ways to cope with rising food prices. Reach out to us today so Compare Foods can provide answers and fulfill the needs that will help you achieve the goals you are looking for as a local customer. Compare Foods is the company you are looking for. Reach out to a Farmingdale Supermarket that’s here to serve your needs. ![]() Compare Foods are leaders as Farmingdale Retail Grocery Stores quality services providing excellent customer service.Ĭall Compare Foods today! Farmingdale Supermarket Compare Foods in Nassau County NY, 11735 If you are in need of Retail Grocery Stores services, then call now at (516) 694-6567. Utilize the contact form below this profile on so we can help answer any questions you may have. A local business that provides leadership and success here as Retail Grocers Farmingdale and trusts that you will use the services.Ĭall a Farmingdale Retail Grocers today! Farmingdale Retail Grocery StoresĬompare Foods is a local Farmingdale Retail Grocery Stores area business. Speak with a Retail Grocers expert when you call. Compare Foods is a Farmingdale Retail Grocers company servicing your local area in Nassau County NY, 11735.
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