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Amazon, Walmart among grocers best-positioned for 2053

Mass Relators

Grocers will rise or fall based on their ability to align themselves to the dominant demographic, cultural, economic, and technological trends that will slowly reshape the market context over decades to come. Only when income exceeds $150,000 per year do finances even out with health and the environment as sources of stress for consumers.

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Laying the Operational Foundation for Autonomous Stores

Retail TouchPoints

Preparing Internal Operations for Smart Stores The importance of operational preparedness is especially true for grocers implementing emerging technologies such as autonomous checkout, also referred to as seamless checkout. These operations may struggle to adapt to the unique needs of automated checkout systems and smart stores.

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Which Approach To Self-Service Grocery Checkout Will Emerge As The Standard In 2023?

Retail Minded

Although self-service checkouts were first introduced in 1986 , they are still far from perfect. University of Leicester’s Adrian Beck, a retail finance expert, estimates that moving half or more of transactions to self-service pushes losses 77% higher. It makes sense that grocers might not be sure which way to jump.

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With 30-Minute Delivery Service, Kroger and Instacart Raise the Stakes in the Convenience Space

Retail TouchPoints

Kroger reached more than $10 billion in ecommerce sales in 2021, and the grocer aims to double both its digital sales and profitability rate by the end of 2023, according to CEO Rodney McMullen. Convenience orders on Instacart are up more than 150% since May 2021, and nearly 20% of shoppers choose Priority Delivery at checkout.

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How the Store of the Future will Track Shopper Behavior Ecommerce-Style

Retail TouchPoints

To be clear, we’re not talking about next-gen store tech like autonomous checkout or inventory-light, QR-based store experiences like the now defunct Amazon Style stores and recent Pinterest pop-ups. Rema 1000 x Revionics Photo courtesy Rema 1000 Norwegian discount grocer Rema 1000 faces intense competition to keep its prices low.

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2023 in review: 8 stories that rocked retail this year

Retail Gazette

Soaring food prices put the grocers under the spotlight and, despite the wafer-thin margins they operate on, execs from Tesco, Sainsbury’s, Asda and Morrisons were hauled in front of MPs to investigate whether the sector was profiteering from the cost-of-living crisis. Food and drink inflation rose to 19.1%

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Trader Joe’s Strategy: 12 Keys to its Success

Indigo 9 Digital

Most grocers charge their suppliers fees for putting an item on the shelf. All of these “details” provide one more reason for shopping at Trader Joe’s versus another grocer. We buy in volume and contract early to get the best prices. This results in higher prices. so we don’t do it. Do you like this content? Excellent customer service.

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