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Domenick Celentano

The days of the conventional supermarket are numbered.

By March 11, 2014

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Safeway sale addresses the 15% decline of traditional supermarkets

The Safeway sale would transform supermarket industry. Why.The Safeway sale addresses how Specialty grocers such as Trader Joes might replace traditional supermarkets.

Smaller neighborhood markets that tout locally sourced meat and organic produce and attract customers with friendly service, ambience and one-of-a-kind items are pulling customers away from mainstream supermarkets, experts say. Analyst Scott Mushkin of Wolfe Research said Arizona-based Sprouts Farmers Market is "firing on all cylinders" with huge sales growth.

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