Tokinomo

FEBRUARY 15, 2023

Retail merchandising is a critical aspect of the grocery industry that can greatly impact the success of a store. In this article, we will explore the best practices for retail merchandising in the grocery industry to help you improve your store’s performance.

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Inside Retail

MAY 2, 2024

Last week big-box retailer Walmart announced the launch of a new private-label grocery brand called Bettergoods. A study by the Private Label Manufacturers Association confirmed that private label sales account for almost 21 per cent of grocery industry unit sales in 2023, reaching an all-time high.

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Retail TouchPoints

JANUARY 31, 2023

Three years after the pandemic upturned the grocery industry, omnichannel chain H-E-B has regained its leadership position as the top U.S. grocery retailer from Amazon , with Costco following closely behind in second place, according to the sixth annual Dunnhumby Retailer Preference Index (RPI). As a result, there are 9.4

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Retail TouchPoints

APRIL 30, 2024

Through AI and other technologies, customers in grocery stores, clothing outlets and other convenience-style shops no longer need to wait in line to check out. Truist Park in Atlanta is another stadium recognizing the impact of fast concessions and the huge success of self-checkout in grocery and retail stores worldwide.

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Inside Retail

APRIL 15, 2024

There have been legitimate concerns about the consequences of the dominance and concentrated power of Woolworths and Coles in the grocery market. However, the latest challenges for the supermarket industry broadly and especially Woolworths and Coles are potentially much more threatening than any previous scrutiny, either genuine or posturing.

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Retail TouchPoints

APRIL 12, 2023

As consumers look to save money on takeaways and eating out, grocery retailers can be the quiet winners during an economic downturn. The pandemic trend of following food influencers on Instagram and TikTok and re-creating their recipes hasn’t waned and continues to drive consumer grocery purchasing habits.

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Retail TouchPoints

MARCH 20, 2024

The Save Mart Companies , a 194 -store supermarket chain operating in California and western Nevada, has partnered with Flashfood to offer high-quality groceries at up to 50% off and, not incidentally, divert food waste from landfills.

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Inside Retail

MARCH 14, 2024

During 2023, there were over 7,000 price increases in grocery retail and as the focus of the inquiry into grocery pricing shifts down the supply chain, one way that brands can alleviate margin pressures is to develop a revenue growth management (RGM) strategy that extends beyond basic pricing mechanisms.

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Inside Retail

MAY 6, 2024

Retention of key talent is a major challenge in any industry, but particularly in retail with its high turnover rate. We are terrible at explaining why retail is a great industry to work in… How do we make it more exciting?” The convenience retail industry averages a 36.5

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Inside Retail

DECEMBER 7, 2022

Welcome to the second episode of The Future of Food, a three-part video series which explores how the grocery sector is likely to change in the next few years. From Netflix, to Uber, to Amazon, we’ve all come to expect fast, reliable service from companies that we give our money to – and grocery is no exception. Delivering the future.

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Retail TouchPoints

MARCH 4, 2022

that recently became a banner of the 200 -store Brookshire Grocery Co. Grocery Shopii, which was cofounded by CTO Michael Johnson, uses machine learning to identify the products best suited for each shopper. Additionally, Grocery Shopii plans to launch instructional videos.

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Inside Retail

JANUARY 17, 2023

per cent, on groceries by 6.6 These December results are a testament to the resilience of the retail industry and set a good foundation as we anticipate a period of uncertainty this year with inflationary pressures and the rising cost of living,” he said. Consumers spending on apparel rose by 6.7 per cent, lodging 4.1

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Inside Retail

MARCH 8, 2024

Last week, Amazon -owned grocery chain Whole Foods announced the launch of a new format store, Whole Foods Market Daily Shop, to make grocery shopping more convenient for urban consumers. Can Whole Foods successfully launch a small-scale grocery store chain?

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Inside Retail

OCTOBER 25, 2022

“The more immediate challenge for retail is the jobs and skills crisis, which is worsening in our sector with job vacancies at over 46,000 and one of few industries that recorded an increase in vacancies last quarter.”. billion food and grocery manufacturing industry. The AFGC represents Australia’s $133.6

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Retail TouchPoints

AUGUST 14, 2023

Grocery retail is rooted in a traditional brick-and-mortar business model, with many longstanding and comprehensive internal processes. One of the biggest operational changes that grocery retailers will face is employee training and role reassignment.

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Retail TouchPoints

DECEMBER 16, 2022

. “Meijer is known for freshness — fresh food, fresh thinking and a focus on innovation makes them a natural partner for Uber,” said Christian Freese, Head of Grocery and New Verticals for Uber’s U.S. We’re excited to continue our longstanding partnership with Freightliner to pave a sustainable future for the industry.”

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Retail TouchPoints

DECEMBER 6, 2021

New York City has become a testing ground for ultra-fast grocery delivery, with orders delivered in 15 minutes or less. Now, Instacart is reportedly planning a p i lot of 15-minute grocery deliveries, and DoorDash just announced that it is introducing a speed delivery service in NYC beginning with its convenience store network DashMart.

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Star Miconics

MARCH 8, 2024

The grocery industry is undergoing rapid transformation, fueled by digital innovation and evolving consumer expectations. For grocery retailers and technology solutions providers, staying ahead in this dynamic landscape requires a deep understanding of the intersection between technology and customer service.

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Inside Retail

MARCH 18, 2024

Last year, the grocery store was awarded the annual IGA National Retailer of the Year, IGA National Large Store of the Year, and IGA National Large Grocery and General Merchandise Department of the Year. “We

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Retail TouchPoints

FEBRUARY 28, 2023

Amazon has been narrowing its focus as the company considers stepping back from unprofitable ventures , such as some of its non-grocery physical stores, as the retail industry as a whole braces for a tough economic climate.

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Retail TouchPoints

APRIL 26, 2021

Besides trying to keep their stores sufficiently stocked, the biggest challenge for many grocery retailers in 2020 was trying to determine what shopper behaviors would remain in place post-pandemic. The February 2021 edition of the Insights Study found just 8% of participants saying they shopped for groceries exclusively online.

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Retail TouchPoints

JULY 15, 2022

Instacart has announced a number of promotions to its C-suite and the creation of two new senior leadership positions — Chief Business Officer and Chief Architect — in order to better position the business toward its ambition of becoming a full-service grocery technology company as readies to IPO. “As

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Retail TouchPoints

AUGUST 15, 2022

Uber has been building up its delivery and transportation options across the retail industry. In May 2022, the ridesharing service started providing on-demand grocery delivery for Grocery Outlet and free medical transport in underserved areas through a partnership with CVS Health.

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Inside Retail

JANUARY 26, 2023

That reticence was backdropped by significant operating costs at Milkrun, which eschews the independent contractor model and uses employees to deliver groceries. Milkrun contemplated targeted partnerships with grocery giants like Coles and Woolworths in 2022, the Nine papers reported last year.

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Inside Retail

DECEMBER 13, 2023

“Market feedback indicated that specialty pet retail and grocery are distinct channels in the pet industry, and specialty pet retail stores have a very different product and service offering to supermarkets and discount department stores.”

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Retail Wire

AUGUST 18, 2023

Walmart’s strong sales growth in the last quarter, in contrast to Target’s decline, is largely attributed to Walmart’s dominance in the grocery sector. grocery dollars are spent at Walmart, making it a major player in the industry. One in four U.S.

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Retail TouchPoints

NOVEMBER 30, 2022

Top executives from Kroger and Albertsons defended their proposed merger at a congressional hearing, saying the combined company would be in a better position to compete with grocery giants Walmart , Costco and Amazon. Critics of the nearly $25 million deal testified that it would worsen food deserts and lead to higher prices.

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Inside Retail

MAY 9, 2023

Australian Food and Grocery Council (AFGC) CEO, Tanya Barden, said this year’s federal budget provides “much-needed” cost of living relief to businesses. “We are pleased to see the commitment to cut the cost of childcare for 1.2

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Tokinomo

AUGUST 10, 2022

These are just a few things that impact the retail industry. While most articles and statistics discuss the retail sector as a whole, we’ve decided to focus on a part of retail that is essential for everybody: groceries.

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Retail Marketing Marketing 191

Retail TouchPoints

MARCH 24, 2022

Now the online grocery marketplace has launched a suite of technologies to help its partners continue their digital transformation with new fulfillment , advertising and insights capabilities. This year, grocery ecommerce sales are projected to reach $1.124 trillion.

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Inside Retail

SEPTEMBER 4, 2023

The barcode is ubiquitous, found on every packaged product, from groceries and toiletries to pharmaceuticals and electronics. The barcode was initially developed to improve the checkout experience and inventory management in the grocery sector and it is now used in almost every industry and sector.

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Cisco Retail

FEBRUARY 1, 2024

Only Cisco offers a unified solution to address full-stack observability (FSO) use cases across all major industries Every day, hundreds of millions of people buy groceries, book travel, order… Read more on Cisco Blogs

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Retail Wire

JANUARY 17, 2023

Dalhousie University professor Sylvain Charlebois recently decried the level of shrink in Canadian grocery stores in a Twitter post, warning consumers that somehow feel that spiking food costs justifies the crime. In response came a barrage of retorts from many who implied it is consumers who are being victimized, not stores.

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Retail TouchPoints

JULY 5, 2022

Profitability is a tough nut to crack, however, especially on the digital side of the retail business and particularly in traditionally low-margin verticals like grocery. The retail industry has been built for the last 150 years around physical stores,” explained Anderson. “We’ve The Central Pillar of Profitability: CX.

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Inside Retail

FEBRUARY 17, 2022

After gaining valuable insights last year, 2022 will mark the year when virtually every major grocer finalises their e-grocery strategy. E-grocery orders get smaller and more frequent. . Over the past year, despite sales fluctuating month-to-month, the overall trend was one of growth in the e-grocery sector.

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Retail Wire

SEPTEMBER 18, 2023

In response to escalating food prices, Canada is set to revise its competition laws, empowering regulators to intervene in anti-competitive mergers within the grocery industry. Prime Minister Justin Trudeau has called a meeting with the leaders of Canada’s major grocers to address strategies for price control.

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Retail TouchPoints

AUGUST 17, 2021

Given the fast pace of change happening in the industry, merchants need to be able to not just access and analyze data within internal and external platforms, but turn this data into valuable insights. Data has become the cornerstone of retail differentiation and innovation.

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