Never before in America has so much retail square footage been devoted to selling food—and it is too much. A massive build-out by retailers has left the country piled up with grocery shelves as consumers are shifting from big weekly shopping trips to more snacking and to-go meals. The mismatch has flattened retail sales and leaves the industry vulnerable to a wave of closures that some executives, bankers and industry experts think...

Source: Wall Street Journal July 31, 2017 10:52 UTC