Future of Retail

22
Jan

The Psychology Behind The Physical Subscriptions Phenomenon

The Psychology Behind Why We Love Physical Subscriptions There’s something exciting about getting a subscription product (Dollar Shave Club, Stitch Fix, Milk). Yeah, it might just be your vitamins or protein shake mix, your monthly coffee selection or the vegetables you signed up to get. But it’s still exciting. It’s like getting a present, even though it’s not a present.

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19
Jan

What Is Order-To-Shelf Technology?

What Is Order-To-Shelf Technology In the world of supply chain innovation, Order To Shelf Technology is the next big thing. In 2016 Whole Foods and Target both switched over to this ordering process and have seen significant results (some good and bad). Now when store employees put in an order they provide a precise count of products needed for replenishment instead of a

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16
Jan

How Retail Grocers Are Adjusting To The Sugar Drink Tax

How Retailers Are Adjusting To The Sugar Drink Tax A new year means new local regulations for retailers and CPG manufacturers to follow. From cities banning plastic water bottles to implementing a single-use bag ordinance, it’s up to the companies to ensure they follow the new regulations. One trend that is starting to gain national attention is the “Sugar Drink

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8
Jan

Big Changes Predicted in Retail for 2018

Big Changes Predicted in Retail for 2018 Batten down the hatches, 2018 is going to be a crazy year in retail. We’ve already seen so much change in 2017, with Amazon buying Whole Foods, the growth of meal kits and grocery delivery, and new technologies—both the cool and the lame—changing the way grocery shopping works. Now the year has barely

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11
Dec

Why Some Grocers Are Implementing Single-Source Retail Service Providers

Why Grocers Are Implementing Single-Source Retail Service Providers Not long ago, retailers relied heavily on a whole ecosystem of CPG category leaders, field teams, third party brokers, and merchandising companies to plan their layouts and execute new planogram sets in a timely manner. However, as retailers started to search for new ways to improve the in-store shopping experience the single

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4
Dec

Coopetition: A New Strategy To Ignite Innovation

Coopetition: A New Strategy To Ignite CPG Innovation The tried-and-true model CPG companies and retailers have been operating with needs to be modernized. That is, the competition model of fighting for the same space with fairly similar products, guarding statistical analysis data, protecting secrets—some of them legitimate trade secrets, some not so much. Small and large innovators including Amazon is

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27
Nov

Using Behavioral Economics To Optimize Pricing In Grocery

Using Behavioral Economics To Optimize Pricing In Grocery Here’s how we make purchasing decisions: We decide to buy something in the blink of an eye, triggered by the emotion centers of our brain. We then spend however long it takes to justify that decision using logic. If you buy a $2 million Bugatti and you have five kids and a

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20
Nov

It’s Not All About Price! How Retailers Can Win Big On Black Friday

It’s Not All About Price! How Retailers Win On Black Friday How do retailers score big on Black Friday? Do you offer sales early? Open on Thanksgiving? Focus your strategy around on your e-commerce channel? There are plenty of options but the best way to create a successful Black Friday strategy is to analyze the data collected you collected from

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6
Nov

Are Robots The Affordable Solution In Solving OSA Issues at Retail?

Are Robots The Affordable Solution In Solving OSA Issues? It slides along the grocery store aisles, registering out-of-stocks, low stocks, price errors and misplaced items and goes by the name Tally. Tally the invention of Simbe Robotics, does the work that seems too boring, too repetitive, and too menial for humans to do, and too expensive for retailers to pay

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30
Oct

All You Need To Know About The AHA Heart-Check Mark Certification

What Does The Heart-Check Mark Certification Mean? The Heart-Check Mark Certification has been on groceries since 1995, long enough that a lot of people aren’t even sure what it really means. Everything that gets this certification from the American Heart Association (AHA) has to meet rigorous standards and is designed to help shoppers find foods that support a heart-healthy diet

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