RICHMOND, Va. — Richmond-area shoppers are increasingly spending their food dollars outside traditional supermarkets, with discount retailers, warehouse clubs and convenience stores now accounting for more than half of all grocery spending in the market, according to a new industry report.
The 2026 Food World Mid-Atlantic Market Study, an annual retail analysis covering 89 counties and cities from Central Pennsylvania to Norfolk, values the Richmond food and grocery market at approximately $4.88 billion annually. The study covers the 12-month period ending March 31, 2026.
Walmart leads all food retailers in the Richmond market with an estimated $847.4 million in annual sales across 17 local stores — roughly 17 cents of every dollar spent on food and household goods in the area…