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Acosta Strategic Advisors

HBC, GM departments can drive traffic to supermarkets

HBC, GM departments can drive traffic to supermarkets

NEW YORK —The health and beauty care and general merchandise categories represent significant growth opportunities for grocery retailers, according to a new report. Shoppers at brick-and-mortar stores spend $80 billion a year across the HBC and GM departments, but the majority of that spending is going to retailers in nonfood channels, according to the second