For the sixth year in a row, Walmart captured more Charlotte-area shoppers’ grocery dollars than any other store, despite intense competition from local grocers like Harris Teeter and Food Lion.
It’s a lucrative market that saw record sales of $10.4 billion last year, a 2% increase from $10.2 billion in 2023 , according to a new annual report by Chain Store Guide . The sales tracking firm gets its data directly from grocery stores.
Walmart had the most sales revenue of any grocer in the region, the report found. It grabbed 23% of the market share last year, the same as 2023 — but that still accounted for $2.4 billion in revenue…