King Soopers reigns as Denver's top grocery store by market share
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King Soopers dominated the grocer market share in the Denver area last year, according to a recent report from Chain Store Guide, a sales-tracking firm.
- The 2020 revenue factors in the following counties: Adams, Arapahoe, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson and Park.
State of play: King Soopers — the Denver-based subsidiary of supermarket giant Kroger — has reigned for at least three consecutive years.
Between the lines: Costco — with nine stores — had the best per-store average revenue. King Soopers gained the most market share (rising from 33.8% in 2019 to 34.8% in 2020).
What’s next: More grocery stores are entering Denver’s already competitive market.
- A Sprouts Farmers Market is expected to open in the Green Valley Ranch in late fall, the Denver Post reports, and a Costco is also planned for the neighborhood.
This story first appeared in the Axios Denver newsletter, designed to help readers get smarter, faster on the most consequential news unfolding in their own backyard.