CBRE Reports on the Grocery Store of the Future

At the end of June property management giant CBRE put out the second installment of their ‘Food in Demand’ report which examines the state of the US grocery industry and how changes will impact industry players and their real estate strategies.
The report considers all non restaurant food stores as ‘grocery’ so that means markets, convenience stores, warehouse clubs and super-centers. The report discusses several predictions for the future. Notably, the reports discusses how checkout lines will disappear in the next 10 years due to technological advancements such as carts with built-in barcode scanners and credit-card swipers; mobile-payment apps; weight sensors and cameras; and merchandise-scanning robots. They also believe that companies will consolidate due to fierce competition and also that stores will collaborate with other brands to offer specialized items and cross-promotion such as touting local fitness classes while offering healthy food. The footprint of grocery stores are changing too; new stores, especially those built in urban areas are/will be smaller–one corporation might offer both smaller convenience type stores which focus on selling meal kits and prepared meal items while also maintaining more traditional stores in other area.
You can read the full report here.

Sintel Systems is the grocery industry’s only single-source and direct omni-channel POS provider. As part of Sintel System’s all-inclusive market and produce POS system package, our customers get a gift and loyalty card network with mobile app, private cloud services, embedded merchant account services, and unlimited technical support. Sintel Systems Direct-to-POS Online Ordering allows online orders to appear on the POS system as soon as they are placed.