article thumbnail

Pricing Amid Inflation: McKinsey Partner Offers Data-Led Best Practices

Retail TouchPoints

As a result, grocers have to consider the impact of pricing consistency and competitors on loyalty when shifting prices. RTP: Should retailers engage with customers more regularly during this cycle as prices continue to rise? Lastly, it’s important to note that during this period, consumers are changing how they manage their finances.

Consumer 162
article thumbnail

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. If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox.

Grocer 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2022 Best Business Practices for Brands and Retail Buyers

Rangeme

The CPG trends to watch in 2022, per Pop Up Grocer. Retail Brew. In response, more retail buyers now ask brands for certifications (like Women-Owned businesses, sustainable practices, and organic products) to efficiently verify the credentials and suitability of potential brand partners. . Retail Brew.

article thumbnail

Roundup Of The Top 2021 Retail & CPG Trends

Rangeme

This trend analysis can give U.S. and global consumer packaged goods (CPG) suppliers and retailers clarity on adapting to and satisfying consumers’ evolving needs. Overarching Retail Trends. Retail Dive. Amazon, Walmart, Macy’s , and Bed Bath & Beyond recently added this form of installment financing.