Why are retailer limited assortment supermarket and extreme value discount store sectors growing rapidly?

Retailer limited assortment supermarkets and extreme value discount stores are growing rapidly due to their ability to offer high-quality products at lower prices, catering to price-sensitive consumers. The economic pressures from inflation and changing consumer preferences for value have driven shoppers towards these formats, which focus on efficiency and simplicity. Additionally, their streamlined inventory and lower overhead costs allow them to provide significant savings, making them increasingly appealing in a competitive retail landscape.