Overview
The 18,000 specialty foods stores in the US sell produce, seafood, grocery, meat and poultry, bakery, prepared foods, specialty cheese, coffee and tea, nutritional supplements, vitamins, educational products, floral, and even certain household products. Most specialty food stores offer products deemed to be higher quality and premium-priced than traditional grocery stores.
Perishable Products
Specialty food stores typically carry more perishable products than traditional food retailers, often two-thirds or more of their product offerings.
Demand Dependent On Economic Conditions
The typical specialty food customer is more affluent (household income over $50,000) than the typical traditional grocery store customer.
Industry Financial Benchmarks
Here are typical financial statements for specialty food stores.
This data is provided by Powerlytics, Inc. Powerlytics is a big data predictive analytics platform provider with the most comprehensive, accurate and granular consumer and business financial data available in the marketplace. Its proprietary platform provides a comprehensive financial view of the over 200 million adults and 30 million businesses that comprise the American economy. Learn more about Powerlytics products & data.
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