NFM Staff

July 5, 2016

2 Min Read
Market Overview: Average sales by store type, and profit and expense [charts]

The 2016 edition of Natural Foods Merchandiser’s Market Overview represents the 36th year the magazine has presented statistics on store operations and the state of the natural products industry. From $1.9 billion in 1980 to $52 billion in 2015, sales in the natural products retail channels have come a long way.

The charts below report 2015 average sales, profit and expense by store type. Find all 2016 Market Overview charts here.

Average sales by store type

 

Total

Natural Products Stores

Health Food Stores

Supplement Stores

Average sales 2015

$3.30 M

$5.73 M

$1.47 M

$436 K

Average overall net sales change

4.4%

5.4%

3.1%

4.2%

% of stores with sales increase

67%

71%

64%

57%

Average sales increase

7.9%

8.5%

6.8%

8.3%

% of stores with sales decrease

12%

12%

14%

12%

Average sales decrease

-7.3%

-5.6%

-9.3%

-4.6%

% of stores unchanged

21%

18%

22%

31%

Forecast for 2016

6.2%

6.6%

6.0%

5.6%

 

Average sales by square footage

 

Natural food stores

Health food stores

Supplement stores

 

<=3,000 retail

3,001-6,000 retail

>6,000 retail

Average sales 2015

$1.55 M

$3.09 M

$9.74 M

Average overall net sales change

3.60%

5.40%

6.40%

% of stores with sales increase

61%

69%

76%

Average sales increase

7.2%

9.0%

9.0%

% of stores with sales decrease

11%

14%

11%

Average sales decrease

-7.2%

-5.6%

-4.5%

% of stores unchanged

27%

17%

13%

Forecast for 2016

6.3%

6.3%

7.0%

 

Profit and expense

 

Total

Natural products stores

Health food stores

Supplement stores

Average revenue

$3.30 M

$5.73 M

$1,47 M

$436 K

Cost of goods sold

62%

63%

62%

58%

Storewide gross profit margin

38%

37%

38%

42%

Payroll expense

18%

18%

16%

17%

Benefits

2%

3%

1%

0%

Other expenses

13%

12%

14%

17%

Net profit margin

5%

4%

7%

8%

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