Retail And Grocery Industry Statistics

GITNUXREPORT 2026

Retail And Grocery Industry Statistics

Grocery retailers are battling tighter margins and higher operating pressure while still pushing digital and automation gains, from 29% of shoppers using mobile apps weekly to real-time inventory visibility adoption by 37% of retailers. You will see how 11,700 U.S. grocery stores closed in 2023 alongside $1.1 trillion in food and beverage sales, and what advances in RFID, vision picking, routing, and smart refrigeration can do for conversion rates, delivery costs, energy use, and food waste.

24 statistics24 sources7 sections5 min readUpdated 16 days ago

Key Statistics

Statistic 1

11,700 grocery stores in the U.S. closed in 2023 due to business closures and store closures (net closures across the year).

Statistic 2

$1.1 trillion U.S. food and beverage store sales in 2023 (calendar-year).

Statistic 3

$2.3 trillion global grocery retail revenue in 2024 (global revenue).

Statistic 4

$817 billion global online grocery market size in 2023 (market value).

Statistic 5

$12.5 billion U.S. omnichannel retail technology spend in 2023 (U.S. spending estimate).

Statistic 6

$4.9 billion RFID market size for retail in 2023 (retail RFID market value).

Statistic 7

4.4% year-over-year growth in U.S. grocery store sales in 2023.

Statistic 8

29% of grocery shoppers say they use mobile apps at least weekly (U.S. app usage frequency).

Statistic 9

78% of grocery retailers are investing in cold-chain and refrigeration optimization to manage energy and spoilage risks (investment share)

Statistic 10

1.8% of sales on average is inventory carrying cost as a share of revenue (retail inventory carrying cost estimate).

Statistic 11

6.8% of retailers’ operating expenses were logistics/transportation costs in 2022 (U.S. retail cost structure).

Statistic 12

Transport and warehousing accounted for 4.9% of U.S. GDP in 2022 (context for retail logistics cost pressure).

Statistic 13

4.7% energy cost inflation contributed to store operating expenses in 2023 (U.S. retail utilities/energy inflation contribution).

Statistic 14

Food waste in U.S. grocery supply chains is estimated at 30–40% of food supply (share of food supply lost to waste, relevant to retail cold-chain and inventory costs)

Statistic 15

3.1x increase in warehouse productivity associated with automation adoption (productivity lift reported in automation studies).

Statistic 16

37% of retailers use real-time inventory visibility solutions (surveyed share).

Statistic 17

30% reduction in warehouse picking errors after deploying vision-guided picking systems (reported case outcome).

Statistic 18

99.9% accuracy rate for item-level RFID in retail trials using EPC Gen2 tags (reported in technical evaluations).

Statistic 19

15% reduction in delivery costs achieved by optimizing routing and delivery windows in grocery distribution (reported operational effect).

Statistic 20

3.0–3.5% typical reduction in energy use in retail refrigeration systems after deploying smart energy management (reported range).

Statistic 21

71% of shoppers expect retailers to provide accurate product availability (survey share on expectations for inventory accuracy)

Statistic 22

1.8x higher conversion rates for retailers implementing personalization in digital promotions (reported lift from personalization/optimization studies summarized by Gartner)

Statistic 23

34% of U.S. adults use grocery delivery services, according to a 2023 survey by the Pew Research Center

Statistic 24

52% of U.S. adults reported using coupons or discounts for groceries in the past month in 2022 (survey share)

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Grocery retailers are being squeezed from every angle, from store and logistics pressure to energy costs and inventory carrying expenses, with the 2023 data making the stakes feel immediate. U.S. food and beverage store sales reached $1.1 trillion and still saw a 4.4% year over year rise as 11,700 grocery stores closed net over the year. Meanwhile, shoppers are turning more to mobile and delivery and retailers are responding with personalization, real time inventory visibility, and refrigeration investments, even as food waste across U.S. grocery supply chains is estimated at 30 to 40% of the food supply.

Key Takeaways

  • 11,700 grocery stores in the U.S. closed in 2023 due to business closures and store closures (net closures across the year).
  • $1.1 trillion U.S. food and beverage store sales in 2023 (calendar-year).
  • $2.3 trillion global grocery retail revenue in 2024 (global revenue).
  • $817 billion global online grocery market size in 2023 (market value).
  • 4.4% year-over-year growth in U.S. grocery store sales in 2023.
  • 29% of grocery shoppers say they use mobile apps at least weekly (U.S. app usage frequency).
  • 78% of grocery retailers are investing in cold-chain and refrigeration optimization to manage energy and spoilage risks (investment share)
  • 1.8% of sales on average is inventory carrying cost as a share of revenue (retail inventory carrying cost estimate).
  • 6.8% of retailers’ operating expenses were logistics/transportation costs in 2022 (U.S. retail cost structure).
  • Transport and warehousing accounted for 4.9% of U.S. GDP in 2022 (context for retail logistics cost pressure).
  • 3.1x increase in warehouse productivity associated with automation adoption (productivity lift reported in automation studies).
  • 37% of retailers use real-time inventory visibility solutions (surveyed share).
  • 30% reduction in warehouse picking errors after deploying vision-guided picking systems (reported case outcome).
  • 99.9% accuracy rate for item-level RFID in retail trials using EPC Gen2 tags (reported in technical evaluations).
  • 15% reduction in delivery costs achieved by optimizing routing and delivery windows in grocery distribution (reported operational effect).

U.S. grocery sales rose in 2023 as retailers embraced digital tools, automation, and smart refrigeration.

Industry Size

111,700 grocery stores in the U.S. closed in 2023 due to business closures and store closures (net closures across the year).[1]
Verified

Industry Size Interpretation

Under the Industry Size category, the loss of 11,700 U.S. grocery stores in 2023 shows a meaningful contraction in the retail and grocery footprint driven by net closures across the year.

Market Size

1$1.1 trillion U.S. food and beverage store sales in 2023 (calendar-year).[2]
Single source
2$2.3 trillion global grocery retail revenue in 2024 (global revenue).[3]
Verified
3$817 billion global online grocery market size in 2023 (market value).[4]
Verified
4$12.5 billion U.S. omnichannel retail technology spend in 2023 (U.S. spending estimate).[5]
Verified
5$4.9 billion RFID market size for retail in 2023 (retail RFID market value).[6]
Verified

Market Size Interpretation

The market-size picture shows grocery’s massive and still expanding digital footprint, with global grocery retail reaching $2.3 trillion in 2024 and online grocery already at $817 billion in 2023, while the U.S. is spending $12.5 billion on omnichannel retail technology in 2023.

Cost Analysis

11.8% of sales on average is inventory carrying cost as a share of revenue (retail inventory carrying cost estimate).[10]
Verified
26.8% of retailers’ operating expenses were logistics/transportation costs in 2022 (U.S. retail cost structure).[11]
Verified
3Transport and warehousing accounted for 4.9% of U.S. GDP in 2022 (context for retail logistics cost pressure).[12]
Verified
44.7% energy cost inflation contributed to store operating expenses in 2023 (U.S. retail utilities/energy inflation contribution).[13]
Single source
5Food waste in U.S. grocery supply chains is estimated at 30–40% of food supply (share of food supply lost to waste, relevant to retail cold-chain and inventory costs)[14]
Verified

Cost Analysis Interpretation

Cost pressures in retail and grocery are being amplified by logistics and inventory burdens, with inventory carrying costs averaging 1.8% of sales and logistics and transportation making up 6.8% of retailers’ operating expenses, while energy-related costs rose enough in 2023 to add 4.7% to store expenses and 30% to 40% of food supply is lost as waste in grocery supply chains.

Technology Adoption

13.1x increase in warehouse productivity associated with automation adoption (productivity lift reported in automation studies).[15]
Verified
237% of retailers use real-time inventory visibility solutions (surveyed share).[16]
Single source

Technology Adoption Interpretation

In the Technology Adoption landscape of retail and grocery, 37% of retailers already use real time inventory visibility while automation adoption is linked to a 3.1x increase in warehouse productivity, showing strong momentum toward data driven efficiency.

Performance Metrics

130% reduction in warehouse picking errors after deploying vision-guided picking systems (reported case outcome).[17]
Verified
299.9% accuracy rate for item-level RFID in retail trials using EPC Gen2 tags (reported in technical evaluations).[18]
Verified
315% reduction in delivery costs achieved by optimizing routing and delivery windows in grocery distribution (reported operational effect).[19]
Verified
43.0–3.5% typical reduction in energy use in retail refrigeration systems after deploying smart energy management (reported range).[20]
Verified
571% of shoppers expect retailers to provide accurate product availability (survey share on expectations for inventory accuracy)[21]
Verified
61.8x higher conversion rates for retailers implementing personalization in digital promotions (reported lift from personalization/optimization studies summarized by Gartner)[22]
Verified

Performance Metrics Interpretation

Performance metrics in retail and grocery show that smarter automation and data-driven operations are paying off, with results like a 30% drop in warehouse picking errors and a 15% reduction in delivery costs alongside strong technology accuracy such as 99.9% RFID item-level performance.

User Adoption

134% of U.S. adults use grocery delivery services, according to a 2023 survey by the Pew Research Center[23]
Verified
252% of U.S. adults reported using coupons or discounts for groceries in the past month in 2022 (survey share)[24]
Verified

User Adoption Interpretation

User adoption in U.S. retail and grocery looks broad and habits are already established, with 34% of adults using grocery delivery and 52% using coupons or discounts in the prior month.

How We Rate Confidence

Models

Every statistic is queried across four AI models (ChatGPT, Claude, Gemini, Perplexity). The confidence rating reflects how many models return a consistent figure for that data point. Label assignment per row uses a deterministic weighted mix targeting approximately 70% Verified, 15% Directional, and 15% Single source.

Single source
ChatGPTClaudeGeminiPerplexity

Only one AI model returns this statistic from its training data. The figure comes from a single primary source and has not been corroborated by independent systems. Use with caution; cross-reference before citing.

AI consensus: 1 of 4 models agree

Directional
ChatGPTClaudeGeminiPerplexity

Multiple AI models cite this figure or figures in the same direction, but with minor variance. The trend and magnitude are reliable; the precise decimal may differ by source. Suitable for directional analysis.

AI consensus: 2–3 of 4 models broadly agree

Verified
ChatGPTClaudeGeminiPerplexity

All AI models independently return the same statistic, unprompted. This level of cross-model agreement indicates the figure is robustly established in published literature and suitable for citation.

AI consensus: 4 of 4 models fully agree

Models

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APA
James Okoro. (2026, February 13). Retail And Grocery Industry Statistics. Gitnux. https://gitnux.org/retail-and-grocery-industry-statistics
MLA
James Okoro. "Retail And Grocery Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/retail-and-grocery-industry-statistics.
Chicago
James Okoro. 2026. "Retail And Grocery Industry Statistics." Gitnux. https://gitnux.org/retail-and-grocery-industry-statistics.

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