Retailers to Watch in 2023: Kroger & Albertsons
Each year brings with it a new set of challenges to the nation’s retailers, and 2022 was no exception. Consumers evolving their shopping habits while also facing inflation rates not seen in a generation required retailers to be nimble to meet the needs of their customers.
As 2022 comes to a close, Store Brands has put together a list of 10 retailers we
think are worth watching closely in the New Year. From leading grocery chains
to growing e-commerce players, the coming 12 months will see retailers face new challenges, revamp product assortments and provide consumers with new options to meet their ever changing demands.
The profiles of the 10 retailers Store Brands has selected will provide you an overview along with our thoughts on why each is worth watching in 2023.
Overview
In putting together our Top-10 Retailers to Watch for 2023, including Kroger and Albertsons on the list as a pair was the biggest no-brainer of all time. In mid-October, the two grocery behemoths shook the retail world when announcing they would be merging.
The combination as-is would create a retailer with more than 5,000 stores spanning the U.S. By comparison, Walmart stores in the U.S. number about 4,800 locations. Clearly, everyone will be watching the outcome of this rather intriguing retail marriage.