Re:Congress is going to throw the kitchen sink at big tech
by stephenhuey on Sunday June 13, 2021 @09:24PM
(#27498350)
I did not downvote you, but I see why you were confused. I should have clarified, but one of the links said total grocery sales revenue is $750 billion, so that's how I was calculating what fraction of the market Wal-Mart and other stores have. All those tiny grocery stores in dense urban areas account for much smaller slices of the revenue pie.
There are 38,000+ grocery stores in the US.
There are less than 5,000 Wal-Marts. So if Wal-Mart is the largest grocery store, it's still less than 15% market share. Kroger has 2,800, and Costco has a little over 500.
The overall picture is clear: the long tail of supermarkets is long, and even the largest grocery chains command only a small percentage of overall market share.