As 46% of shoppers plan to buy somewhat more or much more private label brands over the next year, the increasingly complex #Grocery environment is pushing retailers to rethink their short- and long-term planning. Join our Grocery Channel Virtual Event from July 31 to August 1 to learn how traditional grocery is merging with other channels and how retailers are adapting their strategies over the next five years. Reserve your seat: https://loom.ly/7t5LTf8 #Retail
Consulting by Kantar’s Post
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20% LESS than the discount banner. 👆 "store for saving" indeed! Loblaw Companies Limited made it clear in the Upfront for Advance powered by Loblaw that they were focused on the value consumer. Part of the plan includes increasing the diversity of categories but decreasing the # of options within each along with converting some to discount but even more building or small format stores focused on hard discount. This wasn't what I was expecting although I should have! For the last several years they have invested heavily in the no name brand, both in expanding the # of products offered as well brand building through the "item: for use" campaigns. Of course they'd leverage it to for these stores! To be able to offer the savings, they are: - offering limited categories (no refrigeration ie no dairy/fresh meat) and assortments (about 1300 products total) - shorter operating hours (10am-7pm) - limited marketing and no flyers - fewer weekly deliveries - reusing fixtures like shelves from closed stores For now it's a test with 3 locations planned starting in September in Windsor, St Catharine's and Brockville. I'm curious to see what the ambiance is like and how consumers respond, namely whether they make it their primary grocery store or if they add it into their mix. What do you think? __________________________________________________________ Get more product off shelves and into baskets with the latest in CPG, retail & consumer trends at 10:30am M, T, H & Sat by following Jared! Have questions like these? Answer them with the voice of the 🇨🇦 consumer via Caddle - DM me to learn more about our research capabilities! #CPG #grocery #retail #discountbanner
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The battle for the shelf is also the battle for the consumer's wallet. Some of the stress noted in this The Wall Street Journal article is normal, but the current retail and shopping environment is anything but normal. Consumers are being more selective based on inflation and economic uncertainty. Retailers are emphasizing private brands to respond to consumers price sensitivity and to pursue additional basket share. Both retailers and brands are curating their assortments to help manage inventory, overall as well as at the store level. We’ve certainly noticed an uptick in interest for process improvements and solutions to support the stress points discussed, including forecasting, assortment planning, pricing, and overall inventory management. What else are you seeing in the market, in stores, and with consumers? #retail #assortment #pricing The Parker Avery Group Robert Kaufman Sam Iosevich Amanda Decker -Astrologo
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🚀 The Battle for Grocery Shelf Space is Heating Up! 🛒 In a competitive market where every inch of shelf space counts, brands are pulling out all the stops to secure prime real estate in grocery aisles. With store brands on the rise and consumers tightening their belts, the pressure is on for both established names and newcomers to stand out. Key Takeaways: Shelf Space Crunch: Grocers are reducing item counts and physical space, favoring private labels. Strategic Positioning: Prime spots like the “strike zone” are more critical than ever. Brand Tactics: Companies are innovating with new products, packaging, and strategic investments to capture consumer attention. 🔗 Read more on how brands are adapting to this fierce competition and what it means for the future of grocery shopping. #RetailTrends #GroceryIndustry #ConsumerGoods #ShelfSpace #BrandStrategy #RetailInnovation #FMCG #CPG #SupplyChain #BusinessGrowth
‘Stress on Shelves’—the Battle for Space in Store Aisles
wsj.com
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Retailers from ALDI USA and Target to Tiffany & Co. are reducing prices beyond grocery. April’s Consumer Pricing Index finally showed a small decrease in cost of in-home grocery shopping. Big pricing cuts by Walmart, Target and Aldi may cause challenges for smaller retailers that struggle to compete on price – lets listen in on this week’s episode to learn more… #RetailRadar #Retailers #Grocery #PriceReductions
Seismic Pricing Shifts & Private Label Growth
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Attractive growth for a channel that has always been a leader in private brands in the US and globally. However, understanding the shopper requirements and how to work in the C-store supply chain is where many manufacturers have not taken advantage. This channel can offer manufacturers who want to understand the route to market and deliver thought leadership profitable market share. Growth never stops, but having the right mindset to seize it and meet it where it is versus where you want it to be can make a significant difference.
Sales of private label products are growing in all channels of distribution, and convenience stores are no exception. Chains of all sizes are expanding their own brand product assortments, and the success they have had in recent years is leading to additional growth. Here's what experts had to say about the opportunities for private label growth within the convenience store channel. Thanks to Nikki Boyers at 7-Eleven, Kevin Smartt at TXB (Texas Born), and Chelsey Capps at Daymon for sharing their insights and expertise. ➡ https://lnkd.in/dprDVqSD #privatelabel #ownbrands #storebrands #retail #conveniencestores
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Remember when store brands were just the "cheaper option"? Private labels aren't just products anymore – they're becoming the reason people choose one store over another. The transformation is fascinating: - Trader Joe's isn't just selling affordable alternatives; they're creating cult favorites (looking at you, Everything But The Bagel seasoning) - Target's Good & Gather isn't competing with national brands; it's making people drive past other stores to get to Target - Kroger's Private Selection isn't just matching premium brands; it's innovating with flavors national brands haven't tried Here's what makes this shift so interesting: Retailers have realized their store brands can do what national brands can't – create genuine exclusivity. You can buy Oreos anywhere, but you can only get Aldi's specially crafted desserts at Aldi. The numbers tell the story: Store brands have grown twice as fast as national brands in the past year. But it's not just about price anymore – it's about creating products people actually prefer. Smart retailers have turned what used to be a margin play into a loyalty driver. When your store brand becomes your customer's favorite brand, price comparison stops mattering. What's your favorite store brand that's become a must-have in your shopping cart? #Retail #PrivateLabel #RetailStrategy #ConsumerBrands #Innovation #RetailMarketing
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There are four opportunities that we take advantage of in our industry 👇🏻 👉🏻 Convenience Stores Manufacturers in the C-Store channel rely on Align to increase product distribution and support long-term sales and revenue growth. 👉🏻Grocery Stores Brands and retailers in the Grocery channel rely on Align for strategic merchandising advice to support increased conversion rates. 👉🏻Value Align supports clients in the Value channel by positioning brands to drive sales by standing out against traditional grocery and c-store channels, as well as competing value brands. 👉🏻Alternative Markets Alternative and Special Market channels retain Align to drive sales in non-traditional retail venues, such as farm and fleet and hardware stores.
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There are four opportunities that we take advantage of in our industry 👇🏻 👉🏻 Convenience Stores Manufacturers in the C-Store channel rely on Align to increase product distribution and support long-term sales and revenue growth. 👉🏻Grocery Stores Brands and retailers in the Grocery channel rely on Align for strategic merchandising advice to support increased conversion rates. 👉🏻Value Align supports clients in the Value channel by positioning brands to drive sales by standing out against traditional grocery and c-store channels, as well as competing value brands. 👉🏻Alternative Markets Alternative and Special Market channels retain Align to drive sales in non-traditional retail venues, such as farm and fleet and hardware stores.
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It was a strong third quarter for Grocery Outlet with sales up more than 10% as growth in comparable store sales and the number of transactions were cited as key drivers. ➡ https://lnkd.in/dzT4Eq23 #grocery #retail #privatelabel
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There are four opportunities that we take advantage of in our industry 👇🏻 👉🏻 Convenience Stores Manufacturers in the C-Store channel rely on Align to increase product distribution and support long-term sales and revenue growth. 👉🏻Grocery Stores Brands and retailers in the Grocery channel rely on Align for strategic merchandising advice to support increased conversion rates. 👉🏻Value Align supports clients in the Value channel by positioning brands to drive sales by standing out against traditional grocery and c-store channels, as well as competing value brands. 👉🏻Alternative Markets Alternative and Special Market channels retain Align to drive sales in non-traditional retail venues, such as farm and fleet and hardware stores.
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