445110 - Supermarkets and Other Grocery Retailers (except Convenience Retailers)
When it comes to the backbone of community food access and grocery retail, NAICS Code 445110 plays a pivotal role. This industry classification covers supermarkets and grocery stores that provide a wide variety of food products beyond the scope of convenience stores. Whether you’re a business owner, government contractor, or an entrepreneur looking to understand this sector, knowing the ins and outs of NAICS 445110 can position you for success.
What is NAICS Code 445110?
NAICS Code 445110 is defined as the sector specializing in Supermarkets and Other Grocery Retailers (except Convenience Retailers). This industry comprises establishments primarily engaged in retailing a general line of food products, including but not limited to:
- Canned and frozen foods
- Fresh fruits and vegetables
- Fresh and prepared meats, fish, and poultry
Unlike convenience stores, businesses within this classification usually operate at a larger scale, offering an extensive assortment of groceries.
Sector and Typical Business Activities
- Sector: Retail Trade
- Typical Business Types or Activities:
- Supermarkets
- Grocery stores
- Food markets
These establishments serve as essential outlets for everyday grocery needs, supporting local communities and contributing significantly to the retail economy.
Size Standard for NAICS 445110
For small business classification and government contracting eligibility, the size standard for NAICS 445110 is $40 million in average annual receipts. This means that supermarkets and grocery stores with gross revenues under $40 million are considered small businesses for federal contracting purposes.
Examples of Businesses Under NAICS Code 445110
- Large neighborhood supermarkets
- Regional grocery store chains
- Specialty food markets with a broad food selection (excluding convenience stores)
Examples include:
- Kroger
- Safeway
- Publix Super Markets
- Albertsons Companies
These entities typically fall under NAICS 445110 due to their wide variety of grocery offerings and retail focus.
Frequently Asked Questions (FAQ) About NAICS 445110
What kinds of products do businesses under NAICS 445110 sell?
Businesses primarily sell general lines of food products such as fresh produce, meats, seafood, canned goods, frozen foods, and prepared meals.
How is NAICS 445110 different from convenience store classifications?
NAICS 445110 covers stores larger than convenience stores, offering a broad assortment of groceries, whereas convenience retailers typically focus on quick, smaller selections of food and snacks.
What is the significance of the $40 million size standard?
The $40 million threshold determines if a business qualifies as a small business for federal procurement and reporting purposes.
Can specialty food stores fall under NAICS 445110?
Yes. Specialty food markets with a general line of food products that function like supermarkets are classified under this code, excluding those that operate primarily as convenience stores.
Why is NAICS 445110 important for government contracting?
Understanding this NAICS code helps businesses classify themselves correctly, enabling eligibility for contracts, grants, and other federal opportunities targeting the grocery retail sector.
Conclusion
NAICS Code 445110 is integral to identifying and classifying supermarkets and grocery retailers that play a vital role in food accessibility and retail trade. By knowing its definition, sector details, size standards, and examples, businesses can better position themselves for opportunities within the retail grocery market and government contracting arenas.
Stay informed and leverage the insights on Supermarkets and Other Grocery Retailers (except Convenience Retailers) to grow your business and capitalize on market trends today!
