Business Insider -
15 Apr 2015 23:54

This is an amazing chart. The chart shows that total spending at restaurants and bars -- "food and drinking places" -- topped spending at grocery stores in March. This is a huge deal. But it doesn't quite show what you think. That's because major grocery retailers like Wal-Mart, Costco, and Target aren't considered grocery stores, as Jonathan Maze at the Nation's Restaurant News notes. Maze also points out that more than half of Wal-Mart's $485 billion in annual sales come from grocery,...
Share this Article
Comment on this Article
Please to comment