consumers eat and shop for food are
roiling the crowded global grocery market. Disruptors include online
competitors, the rise of discounters, and changing consumer perceptions
of value. Most recently, stay-at-home orders imposed in response to the
global coronavirus pandemic have greatly accelerated growth in online
grocery shopping, at least temporarily. Traditional grocery chains now
compete for market share with a slew of domestic and foreign
competitors, including warehouse clubs and discounters, convenience,
drug, and dollar stores, internet retailers, and meal-kit delivery
companies. Cross-border forays by grocery retailers looking for growth
beyond mature home markets continue to reshape the grocery sector.

Companies in this industry operate retail stores that
offer a general selection of food products. Discount stores and
warehouse clubs, which are leading ..