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As grocers around the world work furiously to meet consumers’ demand for delivery without breaking the bank, Chinese online grocer Missfresh looks to have a winning model. trillion yuan (approximately $195 billion ) in 2021, according to Missfresh Co-CFO Catherine Chen. In 2021, Missfresh filled 28.7 yuan ( $13.89 ).
“As a global lifestyle retailer, approximately 70 to 80 percent of our product portfolio is similar across the world, while the remaining 20 to 30 percent are unique products that have been designed and chosen according to trends and consumer demands from different local markets,” Huang explained. The marketplace. Backend intelligence.
One related article that provides valuable insights is “Retail Displays in 2021: COVID Trends & Tips” from CJ Retail Solutions. This article discusses how retailers can adapt their displays to meet the changing demands of consumers during the pandemic.
Our goal in this post is to support Category Management with fresh ideas and trends so that they have all the information needed when designing strategies for 2021 with the ultimate target of increasing their sales. It is undeniable that the job of a Category Manager is essential for the correct functioning of a grocery store.
While retailers and consumer packaged goods (CPG) suppliers have had to grapple with COVID-19 and digital transformation, now they must also manage reduced capacity along the global supply chain, hampering holiday sales success. An astonishing 98% of retail executives experienced supply chain issues ahead of the 2021 holiday season.
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