As an industry, we have seen a long trail of both challenges and improvements throughout the years. When it comes to competition, the retail food industry can be one of the more cut-throat spaces due to different existing food retail formats, retail channels, and now the proliferation of e-commerce platforms. With 2023 just around the corner, it is best to [...]
The upcoming fall and winter holidays are highly anticipated events for most Americans. However, the soaring prices of gas, essential items, and especially groceries, threaten how we celebrate this year. As we are in the thick of inflation, consumers and retailers are challenged with how to balance expenditures versus cash flow. As expected, retailers are honing their strategies throughout the [...]
The food retail industry has been immensely challenged, disrupted, and altered in the past several years, especially since the onset of the global health crisis. Now, as consumer behavior changes and the adoption of technology throughout the food retail landscape booms, the industry is in constant transition. Year over year, we have seen different trends and innovations shaping the food [...]
The food retail industry isn’t new to adjusting store operations to accommodate customers’ ever-changing needs and shopping behavior. When it comes to demographics, food retailers have shifted tides for boomers who constantly want to shop in-store, while at the same time adopting the online revolution to cater to the demands of the millennials. Now, times have changed because the new [...]
The accelerated use of e-commerce in the food retail space has greatly changed how we do things. As consumers, it has become a convenient choice to get our food for our dinner tables from restaurants or grocery stores. As for grocers, the integration of e-commerce in their brick-and-mortar store operations has both increased their market share and boosted their bottom [...]
Online grocery has been an extension to our everyday lives in one way or another, especially during the Covid lockdowns. Fast forward to today — grocery e-commerce platforms play a key role for consumers and retailers worldwide in terms of conveniently meeting our food supply needs. These platforms have come to serve as a viable channel for food retailers to [...]
The recent inflation happening around the globe is adversely affecting many different industries, especially food retail. From the supply chain to food production and processing, to retail store operations, every sector is feeling the impact and bearing the brunt of inflation. The rising cost of goods and commodities continues to be a global challenge and greatly affects how consumers behave [...]
According to a quote from Benjamin Franklin, “If you fail to plan, you are planning to fail!” This saying holds true and resonates with all of us, not just in our personal lives, but also in business and commerce. This is particularly true in the food retail industry which is composed of an interconnected web of business elements — planning [...]
The ongoing conflict in Ukraine and the recent calamities happening overseas have hampered the global wheat supply and disrupted food production for meat and poultry. These recent unfortunate events have driven prices to go up and have alarmed food retailers, most especially grocery shoppers worldwide. In the country, almost every aspect of the grocery supply chain has been disturbed causing [...]
In many food retail establishments, display cases are essential for their everyday operation. Display cases are the bread and butter of many food retail businesses to store and merchandise food, flowers, and other products. Display cases, such as self-contained cases, allow retailers the flexibility they need to merchandise different product applications and mesh with the store’s sales floor layout and [...]