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How consumers’ forensic focus on prices is driving cross-shopping

Inside Retail

Australia’s leading supermarkets, Coles and Woolworths, delivered their third-quarter results to shareholders this week along with new consumer insights. Both retailers reported that the current economic environment has challenged consumers’ discretionary spending and that households have evolved their buying habits to seek out value.

Consumer 255
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The new Tiktok challenge waging war on the major supermarkets’ pricing

Inside Retail

Independent Queensland grocer Skippys Fresh Frootz has garnered attention on social media for its videos highlighting its low prices at a time when Australia’s major supermarkets are facing scrutiny for their lack of transparency in their price-setting practices. Bunnings is now back in first place.

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Asda opens world’s first supermarket spa to promote new Health Menu range

Retail Gazette

Asda is launching the world’s first supermarket spa to celebrate the arrival of its new Health Menu range, which aims to “bring simplicity and affordability back to health” The limited time spa will offer an array of holistic health treatments paired and price-matched with products from the new range.

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Cost-of-living consumers opting for price over high-speed convenience prompts downturn in demand for q-commerce formats

Retail Focus

Cost-of-living pressures are prompting consumers to move away from q-commerce, as shoppers swap the higher basket prices of rapid deliveries for in-store deals and discount grocery retail formats, the latest research from Pricer , the world’s most trusted supplier of shelf-edge automation solutions, reveals.

Consumer 147
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Will inflation see a surge in supermarket loyalty schemes in the UK?

365 Retail

As Brits continue to face an inflation crisis with the cost-of-living continuing to surge, are supermarket loyalty schemes enough to retain customers? According to pay.uk , most consumers have emerged from the pandemic with an unwavering sense of loyalty to the their favourite brands.

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Strengthening Customer Loyalty in Today’s Market

Retail TouchPoints

food retail industry comprises nearly 63,000 grocery stores and supermarkets, which amounted to $765.98 It strengthens long-term relationships with shoppers and encourages interaction between the consumers and their most loved brands. Even with in-store promotions, timing is everything. billion in sales in 2021.

Marketing 224
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Supermarkets – how retail is changing for the giants of grocery

I Vend

The COVID surge for supermarkets The pandemic hit many retailers hard, with stores shut and high streets deserted. According to industry experts The Grocer magazine, UK supermarkets continue to see high levels of growth. iVend Supermarket iVend helps supermarkets offer uninterrupted service to their customers.