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teenshopper

Understanding the Millennial Consumer

The millennial generation has become the topic of much discussion throughout multiple industries-especially in the retail grocery market.

The spending power is on a rise, however, in order to capitalize on the growth, the buyer personal must be understood at a high level—the ages are between 21 and 39, make up about 22% of the entire population, and own $1.7 trillion in spending power.

packaging

How Important Is Product Packaging? What to Expect in 2016.

What are consumers looking to purchase this year? In a store filled with thousands of products, standing out throughout the aisles is no easy task—catching the eye of the consumer is difficult. Here is a quick list of packaging trends that tops our list for the year. Packaging with Transparency The culture trends in the…

Food Trasparency

Food Supplier Transparency

The highest level of food integrity is a requirement in today’s environment. In order to keep customer loyalty and trust, grocers, retailers and their supply chain partners will have to provide their customers with clearer insight into how their products are manufactured, sourced, and brought to market moving forward.

The Center for Food Integrity’s 2015 Consumer Trust Research report indicates food manufacturers are expected to lead this charge. In a marketplace where consumers are demanding transparency not only from grocery stores and restaurants, but also the food companies manufacturing their products, the best way to retain customer loyalty and trust is to build a transparent supply chain. To gain this type of visibility into the supply base, there are a few best practices to keep in mind.

Shopper

The Shopper Evolution

Like most of the world, given enough time there will be change. The time in which it can occur varies in different stages—fast, slow, module, and incrementally. Specifically considering the consumer and attitudes towards food sanitation, nutrition, health and fitness, and food prices, we can safely assume that the food industry is feeling a shifting change.

Refridator Food

Use It or Lose It! What to Do About Expiring Products At Home.

Take a look around your home for a few minutes today. Take mental notes on what you notice regarding food and other products. You may have some wine sitting on a rack or cleaning materials in cabinets. Oh boy what about the refrigerator? There’s probably a good amount of consumables stored in there, would you agree? Though most products both consumable and non-consumable have expiration dates, there is no consistent regulation and not every state requires them.

legislation

GMO Labeling Legislation

The Biotechnology Food Labeling and Uniformity Act would allow U.S. consumers to see whether a food product has been prepared with genetically modified (GM) ingredients, while offering food manufacturers various options for including this information on or near the ingredients list.

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New Legislature Focused On Reducing Food Waste

Every year, the US alone wastes 160 billion pounds of food. Even more shocking, that comes out to 40% of the food produced ending up in the garbage. While this waste happens throughout the supply chain, from production to the household, the largest share of waste is directly related to confusing date code labeling.

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Expiration Date Horror Stories

With Halloween quickly approaching, we thought it might be appropriate to highlight the “horror stories” that can come from having expired products in your stores. We will not focus on anyone that is still in business, but there are examples out there of news crews going into grocery stores and publicizing the expired products that they find. No one wants to be identified as a store that sells expired products, but what can that look like if it happens?

complaints

Expired Food Complaints – Do Customers Think It’s Worth It?

When we talk with grocers, we often have a discussion about how much they are losing to shrink every year due to expired food.  Some can give you a general volume of how much ends up in the back room in a given month, and others can give you an exact dollar amount they lost last year.  While its great when grocers are tracking their finances down to that level, there is a category of expired products that get accounted for elsewhere in the finances: sales.  In reality, if you are finding expired products on your shelf, customers are too, and some of them are purchasing it.

dot system

Using The Dot System To Reduce Expired Products & Shrink

Managing expired products is a pain. With the average grocery store carrying 40,000 different SKUs, it is nearly impossible to prevent having expired products on your shelves. But what can you do today to do a better job?

Today, many supermarkets have abandoned rotating when stocking center-store products in favor of a spot-checking schedule. Using this method, items are checked by section or aisle according to a scheduled cycle.

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