Average food wastage in fresh grocery retail stands at 5.5% of fresh revenue. The ability to bring this share down has direct implications for the bottom line, and improving fresh perception can drive additional sales across categories. A best-in-class approach for grocery retail recognizes the differences in demand patterns and will tailor the assortment accordingly to curb avoidable waste while maintaining availability > https://owy.mn/4f0VfRz #grocery #retail #WasteReduction
Oliver Wyman’s Post
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Learn how to minimize the impact of disruptions on grocery store shelves and ensure a steady supply of essentials to customers. https://lnkd.in/dwvPmCtU #GroceryStoreManagement #SupplyChainResilience #FoodRetailing
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Learn how to minimize the impact of disruptions on grocery store shelves and ensure a steady supply of essentials to customers. https://lnkd.in/dM4w8tJE #GroceryStoreManagement #SupplyChainResilience #FoodRetailing
Mitigating the Impact of Disruptions on Grocery Store Shelves
medium.com
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Learn how to minimize the impact of disruptions on grocery store shelves and ensure a steady supply of essentials to customers. https://lnkd.in/dE25jr4Z #GroceryStoreManagement #SupplyChainResilience #FoodRetailing
Mitigating the Impact of Disruptions on Grocery Store Shelves
medium.com
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Target’s initiative to lower prices, especially in the grocery segment, began late last May. 🛒 The Grocery & Gourmet Food segment seems to be benefiting from these price decreases aimed at alleviating inflationary pressures on customers. Click to see the full note on #TGT https://lnkd.in/eYt8VuZG #Target #Retail #Grocery #Inflation #SalesGrowth #equityresearch
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Below are my top news bits from this past week. What did I miss? Is anyone else going to the Fancy Food Show? - Fancy Food Show NYC Starts is this Sunday- Tuesday. - Grocery e-commerce sales moved down slightly in May, with pickup sales falling by almost 4% year over year, while delivery sales remained flat. - Cattle prices are expected to remain stable despite an impending downturn in beef production, according to Rabobank's latest Global Beef Quarterly report. - Aldi and Grocery Outlet Bargain Market are seeing growth in loyal shoppers, with nearly a third of customers visiting at least four times a month. #FancyFoodshow #Newsbits #Retailgrocery #beefnews #NPC #FoodProduction #Innovation #ComeVisit #BeefProcessing #MeatProcessing #SousVide #SousVideCooking #FoodProcessing #FoodIndustry #Manufacturing #FoodInnovation #QualityControl #PlantOperations #FoodTechnology #SupplyChain Find more details at: https://lnkd.in/eipt4XSb https://www.wlj.net/ https://lnkd.in/edDAV753
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WHITE PAPER: Over the last decade, and even more so in recent years, cstore retailers have put significant time, effort and investment into developing high-quality fresh food offerings that meet the needs of today’s time-starved consumers. #cstore #survey #foodservice #CSNewsOnline
The Prepared-Food Picture
csnews.com
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Join us for this week's WEBINAR where we'll discuss how private label, fresh food management and sustainability enable grocery retailers to think strategically about the brand experiences they want to create and the loyalty they want to drive. REGISTER: https://ow.ly/29G050RcGIF #foodretail #grocery #supermarket Oracle
Maximizing Profitability With Inventory Strategies in a World of Razor-Thin Margins
progressivegrocer.com
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Looking at under-served grocery store markets... Interesting article from Placer.ai on Grocery super-stores (in the US): access to fresh food; the food desert concept. Last year, grocery chains accounted for 43.4% of nationwide visits to food retailers – including grocery chains, superstores, and discount & dollar stores - under 50%. The article indicates that there are striking regional variations: in some states, grocery stores attract the majority of visits to food retailers, while in other states, dollar stores or superstores dominate the scene. https://lnkd.in/gvctEPd3 #grocery #fooddesert #USgrocery #USgrocerystatistics #fooddistribution
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This is such a great article by Errol Schweizer, a former Head Merchandiser at Whole Foods Market. If you ever wanted to know how grocery prices are set, this is a great read. One note, consumers often look at a price and assume the brand is getting 50% or 60% of that price. The reality is the price on shelf it typically 3, and sometimes 4x what the brand sold it for, because of the multiple levels it goes through before getting on shelf. Keep that in mind next time you think brands are gouging you with pricing. And be sure to subscribe to The Checkout, Errol's highly insightful newsletter on the grocery industry. https://lnkd.in/ghspEwgK #grocery #inflation #cpg #foodprices https://lnkd.in/getCKZaW
Where Do Grocery Prices Come From?
forbes.com
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As we dive into the ever-changing world of food retailing, one thing is clear: the modern shopper is seeking value beyond the mere price tag. In fact, the latest edition of The Food Retailing Industry Speaks 2024, now in its 75th year, highlights the various factors that contribute to this shift in consumer behavior. From top-notch quality to convenience, relevance, and overall experience, it's evident that today's food industry is evolving and embracing innovative solutions to cater to these demands. Don't miss out on this valuable resource, download the report now and stay ahead of the game. Download now 👉 https://brnw.ch/21wLzKR #GrocerySpeaks #FoodIndustry
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5moGreat advice!