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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? RTP: What retail trends do you see on the horizon as you look to 2023? . Stay agile.

Consumer 162
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Tesco’s Strategy for Gaining Market Share

Indigo 9 Digital

That’s one of the reasons why discount grocers like Aldi and Lidl were able to gain share in the United Kingdom over a decade ago after the last recession. It has attacked the threat from discount grocers head on by offering everyday low prices on a selection of items and it’s paying off. Value for money. Source: Bloomberg.

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How the Supply Chain Disruption Is Sparking Holiday Risk & Resilience

Rangeme

To offset rising costs: 59% of executives are increasing product prices or shipping costs for consumers 33% are using cost-based pricing to pass along higher costs to consumers 36% are taking a margin hit to keep prices constant 22% are reducing or eliminating planned promotions. Retail Dive. 13 Unglesbee, Ben. October 29, 2021.

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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. The global probiotics market is in-demand for promoting healthy bacteria and digestion. Source: The Grocer.