Kate Boddington’s Post

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Transformation and Turnaround | Board Advisor | Speaker | Chair of Caxton Youth @Westminster

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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