Grocers Take Loyalty Programs to Next Level
Offerings such as member pricing boast potential to simultaneously grow market share and increase loyalty program penetration for grocers.
Tag: grocery
FI Newscast (May 19, 2023) – Featuring Anne-Marie Roerink, 210 Analytics
Grocers Tap into Health and Wellness Trends
Grocers looking to stand out can tap into two trends: the demand for healthy foods and growing interest in cooking at home.
Virtual Reality Can Provide Grocers Deeper Insights Without Breaking the Bank
VR technology can help grocers optimize planograms and get a better understanding of how shoppers browse their aisles.
OPINION: Beyond Predictable – The Perils of Losing Focus After Initial Success
Why is Beyond Meat struggling? What will last in the plant-based category, and will it ever grow again? And what can other founders learn from this classic case of irrational exuberance? The answers may still surprise you.
Short-term CFOs Offer Grocers a Sizable Assist
Many grocers operate with small, tight teams that are experts at their jobs — but this can leave the company shorthanded when a major project or expansion pops up.
How to Foster Loyalty in a Competitive Retail Space
With the ever-increasing amount of shopping options – from local grocers to whole and organic nutrition vendors and widespread grocery chains – growing customer loyalty is more important than ever for those in the retail …
Inventory is Everything, Especially in Omnichannel Grocery
Omnichannel grocery is here to stay, and while operating in multiple channels can increase profits, it can also increase challenges.
The Inflationary Consumer: Fewer Trips but Bigger Carts
Consumers’ grocery shopping habits are changing as they grapple with inflation, leading to fewer trips but spending more during each visit. Between November 2022 and January 2023, average basket size rose 6% while number of …
FI Newscast (March 24, 2023) – Featuring David Bishop, Brick Meet Click
Welcome to the FI Newscast! Each week, we note the latest industry trends and consumer insights, with guest appearances by the foremost industry experts. This week’s guest was David Bishop, Partner of Brick Meets Click. …
Stocking Sustainable Brands is Key to Preventing Trade Downs
The importance of offering sustainable products is hard to overstate — seven out of 10 consumers find sustainability more important today than they did two years ago, and more than half consider it “very important” according to Glow’s 2023 US Brand Sustainability Benchmark Report.
In the Age of Self-Checkout, Great Employees Can Offer Standout Experiences
Convenience is an important aspect of the modern retail landscape, from self-checkout lines to completely cashier-free stores, but frontline associates can still define the experience — particularly in grocery.
Is AI the Future of Grocery Customer Service?
AI is the future of food retail. A recent study found that the global AI-in-retail market was worth $8.4 billion in 2022 and will jump to nearly $46 billion by 2032.
Report: Less Than Half of Consumers Grocery Shop In-Store
Walking into a grocery store used to be how most people bought groceries, but now only 44% of consumers do most of their shopping on premises.
Another City Bans Junk Food at Supermarket Checkout
Perris, California has become the second U.S. city to ban junk food at supermarket checkouts, replacing sugary snacks with healthier alternatives.
Survey: Consumers Already Bracing for Recession
Though experts still are split on whether the U.S. Federal Reserve’s inflation-fighting moves will plunge the economy into a recession, consumers apparently aren’t waiting for the official figures, already trimming their grocery bills and choice …
FI Fast Break audio news: Jan. 18, 2023
The latest Food Institute news podcast provides an update on the proposed Albertsons-Kroger merger in the grocery sector.
FI Fast Break audio news: Jan. 11, 2023
The latest Food Institute news podcast touches on the latest in drive-thru technology, for both QSRs and grocers.
FI Fast Break audio news: Dec. 21, 2022
The latest Food Institute news podcast touches on Tim Hortons’ unique, new sustainability initiative.
Column: Kroger-Albertsons Merger Spells Doom, Gloom and Boom
Kroger and Albertsons are planning a merger that would create a superstore second in scale only to Walmart. The combination of the two U.S. supermarket giants could have a three-pronged effect, resulting in doom for …
FI Fast Break audio news: Dec. 14, 2022
The latest, quick-hitting Food Institute news podcast notes the latest in automation, as well as labor unrest.
FI Fast Break audio news: Dec. 7, 2022
This week’s FI news podcast touches on the latest innovative plant-based product, along with the recent rise in-store bakery products.
Grocers Taking In-Store Experience to Next Level
Grocers can enable greater media partnerships by improving their in-store experience, according to one top industry executive.
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FI Fast Break audio news: Nov. 30, 2022
The latest Food Institute news podcast touches on trends to watch for 2023, including … pickle slushies?!
Grocery Predictions for 2023: Delivery, Loyalty Could Look Different
The coming year could be a turbulent one as grocers navigate economic uncertainty while also benefiting from shoppers’ return to stores in a post-pandemic environment.
FI Fast Break audio news: Nov. 23, 2022
The latest FI news podcast touches on the rising demand for ingredients like chocolate within the ice cream industry.
FI Fast Break audio news: Nov. 16, 2022
The latest FI news podcast updates the push toward automation throughout multiple elements of the food industry.
FI Fast Break audio news: Nov. 9, 2022
The latest FI news podcast analyzes some interesting recent findings about the evolving American consumer.
FI Fast Break audio news: Nov. 2, 2022
The latest Food Institute news podcast analyzes recent predictions for a cooldown for food inflation in 2023.
Survey: Retailers Must Strategize to Maximize Potential Amid Inflation
If inflation continues to rise, 57% of retailers will continue to boost everyday prices, according to a new survey. Should this occur, retailers need to take care as they chart their path forward.
Robots Can Benefit Grocers If They Can Master the Process
Retailers including Walmart and Kroger have embraced in-store robots to help keep stores clean on a consistent schedule, and the automated tools offer benefits for any retailer to enhance its operations.
Column: Why Investors are Wary of Kroger-Albertsons Merger
The U.S. Federal Trade Commission will need to approve Kroger and Albertsons’ planned merger, and that agency has taken a skeptical view of corporate consolidation in recent years.
UPDATE: What Kroger, Albertsons’ Merger Means for Grocery Industry
Kroger Co. will merge with rival U.S. grocer Albertsons Cos. – a move that will create a grocery giant.
WATCH: Extreme Weather Continues to Threaten Supplies
Extreme weather events are making their impact felt across the globe, and that’s putting a strain on global food production and distribution.
How to Address Shoppers’ Health and Wellness Demands
Many shoppers remain health-conscious these days, despite rising food prices – 29% of consumers will pay a premium for products with health and wellness attributes.