Kevin T. Smith’s Post

Sharing some interesting 2024 projection figures on the impact of sporting events for digital on-line grocery retail. Talk about incremental sales for grocery retail, thank you World Series! https://lnkd.in/gKvm25M7

Groceries seem to be the last thing that people still largely buy offline today. Although the shift is happening more slowly than in other retail segments, digital transformation is inevitably progressing for food and beverages as well. Market shares in e-food will be redistributed in the future as the market changes rapidly, opening up new opportunities for food and beverage retailers to start selling their products online, and potentially directly to the end customer. Read how our customers in the Food & Beverages industry (like ALDI SÜD, VIABIRDS Technologies, Lekkerland SE and METRO/MAKRO) use Spryker to gain an advantage➡️ https://lnkd.in/eifJajSq

The crossover opportunities of foodservice in retail Historically, retail and foodservice operated in silos — retail focused on goods and foodservice on meals. But today's consumers demand more: convenience, personalisation and experience-driven shopping. Retailers embedding foodservice into their strategy recognise that customers now linger longer, spend more and leave with a stronger emotional connection to their brand. Whether through AI-powered kiosks, app-based ordering or innovative partnerships, those that lean into the convergence of retail and foodservice will not just survive but thrive.  #retail #foodservice #Customerexperience #store #brand #AI #opportunity

The crossover opportunities of foodservice in retail Historically, retail and foodservice operated in silos — retail focused on goods and foodservice on meals. But today's consumers demand more: convenience, personalisation and experience-driven shopping. Retailers embedding foodservice into their strategy recognise that customers now linger longer, spend more and leave with a stronger emotional connection to their brand. Whether through AI-powered kiosks, app-based ordering or innovative partnerships, those that lean into the convergence of retail and foodservice will not just survive but thrive.  #retail #foodservice #Customerexperience #store #brand #AI #opportunity

🚀 IT'S MONDAY! Time for Your Quick-Fire FMCG News Blast! 🕒 Under 1 Minute Read Dive with Stanislas Dallest from POS Potential into this week’s top 5 FMCG highlights and stay ahead of the industry curve. Let's get right into it: 🔹 #5 Campbell's Warm Delight: Introducing a nostalgic twist to our meals, Campbell's unveils its limited-time Grilled Cheese & Tomato Soup. A timeless classic reimagined, available only until April 12th. Don’t miss out! 🔹 #4 Target’s Bold Move: Elevating its game, Target launches the Target Circle 360 membership at $99/year. Offering free same-day delivery, it’s set to rival Amazon Prime and Walmart+. A game-changer in retail? Christina Hennington 🔹 #3 Innovation in a Can: Ireland Craft Beverages - Two Stacks Whiskey disrupts with "Dram in a Can," marking the debut of the first Irish whiskey in a can. A nod to sustainability with its lightweight packaging. Cheers to eco-friendly sips! Shane McCarthy 🔹 #2 Plant-Based Revolution: Kraft Heinz and NotCo team up to introduce plant-based Oscar Mayer hotdogs and sausages! A groundbreaking move for the brand, redefining the future of food. 🔹 #1 Sainsbury's Digital Foray: Sainsbury's is revolutionizing online shopping with branded shops via Nectar360. Customizable brand pages promise enhanced engagement and sales. Is this the future of retail? 🌟 Stay Informed. Stay Ahead. Like what you read? Hit that like button and follow us for your weekly dose of FMCG news. See you next week for more insights and updates! #FMCGNews #Innovation #RetailTrends #Sustainability #PlantBased #DigitalTransformation

The United States grocery retail market plays a pivotal role in the country’s retail industry, possessing a storied history that spans from humble, family-owned establishments to expansive, diverse chains that dominate the landscape today. In 2023, the United States boasted a total of 62,383 supermarkets and grocery stores, representing a slight decline of 0.9% compared to the previous year. Notably, this sector accounted for an impressive US$846 billion in sales, accounting for a substantial 85% of the overall US food and beverage retail market. This figure underscores the grocery market’s paramount significance within the broader food industry. https://lnkd.in/eiqXy6Vh

Recently, we released a Delivery & Retail Trends report, and its findings show that on-demand delivery is here to stay, especially for groceries. Over the past three years, average order size for groceries increased by more than 50%. Additionally, there is a growing demand for convenience - customers who use two or more of our services doubled from 2020 to 2023. If you are interested in further insights, you may read the full report here: https://lnkd.in/gTH9f5wx #foodpanda #deliverytrends #delivery #retail #trends

Catering eCommerce Market Growth Accelerates with Kraft Heinz, PepsiCo, General Mills, and Walmart The catering eCommerce market is experiencing rapid growth worldwide, driven by the increasing demand for convenience and efficiency in the food industry. Major players like Kraft Heinz, PepsiCo, General Mills, and Walmart are leading the charge, leveraging technology to enhance customer outreach and streamline operations. This growth is expected to continue as more consumers turn to online platforms for their catering needs. The market is poised to become a key driver of innovation in the food industry, with companies investing heavily in digital solutions to stay ahead of the competition. Stay ahead of the curve and discover how your business can benefit from the catering eCommerce market. Get in touch with us to learn more about how we can help you succeed in this rapidly evolving space. Website: <https://lnkd.in/gs9XuDnX> eMail ID: <[email protected]> Mobile: +1 (914) 977 5459 #MUB #PCIS #PurpleCowServices #PurpleCow #eCommerce #FoodIndustry #DigitalSolutions #Innovation #Convenience #Efficiency #CustomerOutreach #StreamlineOperations #FoodTech #CateringMarket #Growth #Innovation #DigitalTransformation

**Understanding U.S. Grocery Market Dynamics: A Comprehensive Overview** The U.S. grocery market continues to evolve, reflecting changing consumer preferences and shopping habits. Recent trends show a diverse landscape with key players emerging across different segments: Supermarkets and supercenters remain dominant, with giants like Walmart and Kroger leading the charge. However, new competitors are reshaping the industry: • Discount stores like Aldi are gaining ground by offering quality products at competitive prices • Warehouse clubs such as Costco attract budget-conscious consumers with bulk-buying options • Online grocery shopping is experiencing significant growth, accelerated by recent global events Specialty stores are carving out their niche, focusing on unique offerings and premium experiences. Chains like Whole Foods and Trader Joe's continue to attract dedicated shoppers seeking quality and variety. The market's future looks promising, driven by three key factors: 1. Convenience 2. Competitive pricing 3. Product quality Consumers now have more choices than ever, from traditional supermarkets to online platforms, ensuring a dynamic and responsive grocery shopping experience.

**Understanding U.S. Grocery Market Dynamics: A Comprehensive Overview** The U.S. grocery market continues to evolve, reflecting changing consumer preferences and shopping habits. Recent trends show a diverse landscape with key players emerging across different segments: Supermarkets and supercenters remain dominant, with giants like Walmart and Kroger leading the charge. However, new competitors are reshaping the industry: • Discount stores like Aldi are gaining ground by offering quality products at competitive prices • Warehouse clubs such as Costco attract budget-conscious consumers with bulk-buying options • Online grocery shopping is experiencing significant growth, accelerated by recent global events Specialty stores are carving out their niche, focusing on unique offerings and premium experiences. Chains like Whole Foods and Trader Joe's continue to attract dedicated shoppers seeking quality and variety. The market's future looks promising, driven by three key factors: 1. Convenience 2. Competitive pricing 3. Product quality Consumers now have more choices than ever, from traditional supermarkets to online platforms, ensuring a dynamic and responsive grocery shopping experience.