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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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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Retail expansion is a tricky game. Expand too slow and you may miss your chance to lead the category, or get in at all. Expand to fast and you risk not having enough awareness on the brand or not being able to support it properly. Even though this is common knowledge in CPG, it is very hard to say “No” when a retailer wants to sell the brand. I believe that when you have at least some proven market fit and find the right partners that are excited about and want to support your brand, you are set up for success. We were fortunate to find partners like that early on with Koia. And they are still great partners to this day. #retail #cpg #beverages #beverage Wegmans Food Markets Giant Eagle, Inc.
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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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🚨 NEW REPORT ALERT: Uncover the Shift from National to Private Brands in Grocery!🚨 Are traditional grocers keeping up with the shift towards private brands? 🛒 Our friends at the Alvarez & Marsal Consumer and Retail Group's latest report dives into how private brands are gaining ground, with a massive $1.5B sales shift just in 2023! 📈 Here are some of the key insights we took from the report: - How grocers can grow private brands without sacrificing national brand sales - There's growing gap between traditional grocery and "Rest of Food" players like discount and club channels - Future projections and what grocers need to do NOW to stay competitive Don't miss out! Download the full report and stay ahead of the trend 👉 https://lnkd.in/gb2cHrwx #RetailInnovation #PrivateBrands #GroceryTrends #RetailGrowth #FoodIndustry #BrandStrategy
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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/eRf5_h89
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AlixPartners views private brands as a $100 billion opportunity for U.S. grocery over the next 5-10 years — but many retailers aren't prepared to take full advantage. Striking the right manufacturer partnerships will be the difference for grocers that succeed in building value-creating, traffic-driving private brand programs. Check out the full article for a deep dive on the structural impediments that have historically limited private brands in the U.S. and the ways manufacturers can help. https://lnkd.in/e-y9qPdB #grocery #retail #privatebrands #brandstrategy #PLMA
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Private brands in the U.S. are currently worth $250 billion, and AlixPartners projects an additional $100 billion growth for food retailers in the next 5-10 years. Consumers are increasingly choosing private brands for their quality and value, not just their affordability. This trend offers grocers a significant opportunity to differentiate and build customer loyalty. Manufacturers can support this transition by providing insights, R&D, and innovative product development to address structural challenges in the U.S. market. The bottom line? Innovation and quality are key. Grocers who invest in these areas for their private brands are poised for significant growth. Read more: https://lnkd.in/gz4B4K3m
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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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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/d-dgMn6H
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