Grocery retailers are among the most talked about brands in the industry today. Post pandemic, the retail sector has seen unprecedented transformation from services to assortments to pricing and more. Columbus Consulting International's team of experts is at the forefront of grocery retail. We know how tight margins are, the pressures from the supply chain and the ongoing demands of today's shoppers. Our clients continue to face pressure on finding the right technology and business solutions to stay competitive and are looking to us to guide them through difficult and costly decisions. That is why we are committed to knowing about what is new and what the best in class practices are to meet their needs. Our CEO, Jon Beck and Principal, Craig Rosenblum will be attending the National Grocers Association Executive Conference and Public Policy event October 28-30. Join us there to hear us speak on grocery trends and technology developments. Find out more about our grocery services here: https://lnkd.in/eVZC3u-7 #retail #grocery #pricing #management #technology #trends #margins
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As inflation continues, Shoppers are trying to stretch their budgets and Grocery Retailers are trying to optimize investment and maximize profits. Private Label can meet both needs! Let Columbus Consulting International define your Category Strategies to ensure you have the right Private Label Assortment and Pricing for success!
As grocery retailers look to private label to help drive higher profits and build brand differentiation, they should also be considering other factors in profit optimization, such as: geographic location, local competition, cultural mix, infastructure, seasonality, overall assortments and more. Columbus Consulting International can help. Our team of retail experts know the industry and how to review and elevate your pricing strategies. Find out more about our practice here: https://lnkd.in/eVZC3u-7 #retail #grocery #price #pricing #optimization #consulting #management
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Private brands are a powerful weapon in the battle for share of wallet: AlixPartners projects an additional $100 billion growth for food retailers in the next 5-10 years. This trend also offers grocers a significant opportunity to differentiate and build customer loyalty. In the U.S. grocers are playing catch up, where private brand accounts for 19% of food retail sales. Western Europe is nearly double at 36%. What are the ingredients for success and how best to address the structural barriers faced today? This latest article by Randy Burt and Matthew Hamory explores this significant opportunity. The bottom line? Innovation and quality are key. Grocers who invest in these areas for their private brands are poised for significant growth. #Grocery #Retail #Disruption #innovation Read more: https://lnkd.in/dEi3jZYm
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Supermarkets and specialty food-product companies are leading the pack among the fastest-growing retail companies in AlixPartners' study of 50 Supergrowers. While some leaders are at the top due to disruptive business models, we identified three core strategies that led to gains among retailers dealing with stubborn inflation and supply chain turbulence. Read on to learn how these winning companies have invested in their store and distribution footprints, private-label product lines, and Digital-first models to outgrow the competition: https://lnkd.in/e4AfrVwY
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Supermarkets and specialty food-product companies are leading the pack among the fastest-growing retail companies in AlixPartners' study of 50 Supergrowers. While some leaders are at the top due to disruptive business models, we identified three core strategies that led to gains among retailers dealing with stubborn inflation and supply chain turbulence. Read on to learn how these winning companies have invested in their store and distribution footprints, private-label product lines, and Digital-first models to outgrow the competition: https://lnkd.in/dH9c9B_R
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We’re excited to share that our client, 4C Associates, has been featured in Food Manufacture with the insightful article, “5 Strategies For Retailers And Manufacturers To Maximise Profits Over The Festive Period". Peter Hatfield, Director at 4C Associates, outlines expert strategies to help businesses turn the challenges of the holiday season—like intense consumer demand and supply chain pressures—into opportunities for long-term growth. From adopting a capacity-constrained approach to boosting operational efficiency, Peter’s advice is a must-read for retail and manufacturing leaders looking to make this holiday season a success. Read the full article here: https://loom.ly/B9HAkuE #Retail #Consumer #PRAgency #MarketingAgency
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Supermarkets and specialty food-product companies are leading the pack among the fastest-growing retail companies in AlixPartners' study of 50 Supergrowers. While some leaders are at the top due to disruptive business models, we identified three core strategies that led to gains among retailers dealing with stubborn inflation and supply chain turbulence. Read on to learn how these winning companies have invested in their store and distribution footprints, private-label product lines, and Digital-first models to outgrow the competition: https://lnkd.in/eNbHNe9A
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🌟 We're excited to announce that Steve Zurek, our esteemed VP of Thought Leadership, has been recognized by The Wall Street Journal for his valuable insights on the changing dynamics of grocery shelves. 📊💥Curious to learn more about these industry shifts? Check out the full article in the link below!
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Profitability continues to be a key challenge with Grocery Retail in the environment of increased operating costs, liquid consumer behavior and super competitive marketplace. Read the detailed analysis and report by my colleagues Peter Rinnebach, Alexander Grunwald and Benedikt Surkau on 7 concrete waypoints to enhance #grocery #retail #profitability Full report here: https://lnkd.in/eKZ26hBs
📢 Out Now: Grocery Insights 2024. Enjoy this comprehensive look at key opportunities for improving grocery retail profitability across Supply Chain & Planning, Private Labels, Pricing, GenAI, New Revenue Streams and Sustainability. 💡 Grocers have faced challenges that have drastically squeezed profitability across the entire value chain. Our study identifies 7 concrete levers to respond to and thrive in this environment. 💲The analysis indicates that these levers can collectively improve grocery EBIT margins by 0.6-1.6 percentage points. #grocery #retail #profitability 📘 Read the full report Grocery Insights 2024 by clicking the link in the comments. Peter Rinnebach Benedikt Surkau
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📢 Out Now: Grocery Insights 2024. Enjoy this comprehensive look at key opportunities for improving grocery retail profitability across Supply Chain & Planning, Private Labels, Pricing, GenAI, New Revenue Streams and Sustainability. 💡 Grocers have faced challenges that have drastically squeezed profitability across the entire value chain. Our study identifies 7 concrete levers to respond to and thrive in this environment. 💲The analysis indicates that these levers can collectively improve grocery EBIT margins by 0.6-1.6 percentage points. #grocery #retail #profitability 📘 Read the full report Grocery Insights 2024 by clicking the link in the comments. Peter Rinnebach Benedikt Surkau
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2moSounds like a great opportunity! I'd love to hear more about your experiences at the conference. It would be interesting to know how grocery retailers are adapting to the post-pandemic landscape.