Coresight’s Deep Dive Report, U.S. Grocery Discounters: Price Competition, analyzes the U.S. grocery discounter landscape, focusing on Aldi, Save A Lot, Grocery Outlet and Lidl. The report assesses their growth momentum, store expansion strategies and e-commerce initiatives, including research on: How the discount channel performed in 2022 vs. total grocery growthAnnul sales, …
Read More »Announcing corporate bonuses requires tact and empathy
Something grocers often fail to exhibit By Sylvain Charlebois With a new year starting, we hear announcements about bonuses in food retailing. Metro recently announced that it offered five top senior executives $3.7 million in bonuses. This represents a four per cent increase in bonus payouts over the previous year, …
Read More »Digital Transformation Spending Jumped by 16% YoY to $1.85T in 2022
Companies and organizations worldwide continue spending heavily on digital transformation, driving the value of the entire market to new record valuations. According to data presented by AugustaFreePress.com, global digital transformation spending hit $1.85trn in 2022 or 16% more than a year ago. Total Spending to Jump Over $2 Trillion Next …
Read More »Canada Needs to Shore up its Food Sovereignty
Climate-controlled indoor farming can wean us off the exports we have relied on in the past GUELPH, Ont. — Continued investment and support for agricultural innovation and technology can help Canada avoid future food shortages like the one it is currently experiencing with lettuce and leafy greens. Currently, Canada leans …
Read More »Why Digitizing Alone Won’t Help You Outcompete Amazon
By Adam Honig, CEO Spiro.AI Regardless of the supply chain disruptions everyone is facing, customers still want to receive their orders much in the same way they would receive products from Amazon. Fast. Easy. No hassle. “Give me the option to purchase my products on my own, please.” “Ship it …
Read More »Inflation Is Firmly Embedded In The Food Industry
The inflation we are experiencing today is a result of the repercussions of Covid and a series of steps and perhaps missteps in response to the Covid crisis. Starting with a move by many countries to financially support individuals and companies to help weather declines in sales and incomes, a …
Read More »Innovations in the Non-Alcoholic Beverage Category
By: Aaron Skelton, CHFA President & CEO We know the holidays drive alcohol sales and that demand typically lessens once “Dry January” rolls around. But “Dry January” – a much needed alcohol-free break after a season of indulging (or overindulging) has moved beyond the month after the holidays – consumers …
Read More »How are shoppers dealing with inflation? Insights for retailers and brands.
How are shoppers dealing with inflation? Insights for retailers and brands. Canadian shoppers are clearly adjusting shopping patterns to fight rising costs. It’s in your news feed, it’s in your bank account, and it’s in your local grocery store. It’s inflation, and sadly, it’s inescapable right now. The causes and …
Read More »’Tis the Season Already
Consumers are looking to start holiday shopping sooner, early merchandising and promotions can help By Carly Peters Long before the first snowflake flies, grocery retailers are already thinking about the holidays. This year, with supply chain issues still plaguing the industry and the rise in food costs, the need for …
Read More »Cultivate-The Sustainability Conference Not to be Missed!
Cultivate-The Sustainability Conference Not to be Missed! Sustainability has quickly emerged as one of the most important issues within the food and beverage processing sector. This includes both an emphasis on developing sustainable operations by reducing waste and greenhouse gases but extends to developing more sustainable food products through plant-based …
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