Expired Food

supermarket refrigerators

Survey Result: Poor quality/expired food is a primary reason shoppers stop shopping with you

This post is excerpted from our latest eBook, The Impact of Expired Products on Supermarket Sales & Shopping Behavior: A 2018 Survey Report. We recently completed a market study surveying grocery shoppers on actions they take upon finding expired food items at a grocery store. This post will examine a particular finding from the survey….

Sharing shopping experience

Survey Result: Poor supermarket experiences can go viral in your community

This post is excerpted from our latest eBook, The Impact of Expired Products on Supermarket Sales & Shopping Behavior: A 2018 Survey Report. We recently completed a market study surveying grocery shoppers on actions they take upon finding expired food items at a grocery store. This post will examine a particular finding from the survey….

supermarket meat section

Survey Result: Expired products hurt sales, not just shrink

This post is excerpted from our latest eBook, The Impact of Expired Products on Supermarket Sales & Shopping Behavior: A 2018 Survey Report. We recently completed a market study surveying grocery shoppers on actions they take upon finding expired food items at a grocery store. This post will examine a particular finding from the survey….

cheese section at a grocery store

Survey Result: Consumers Check Expiration Dates–A Lot

This post is excerpted from our latest eBook, The Impact of Expired Products on Supermarket Sales & Shopping Behavior: A 2018 Survey Report. We recently completed a market study surveying grocery shoppers on actions they take upon finding expired food items at a grocery store. This post will examine the methods used along with a…

supermarket

The Impact of Expired Products on Supermarket Sales & Shopping Behavior

This post is excerpted from our latest eBook, The Impact of Expired Products on Supermarket Sales & Shopping Behavior: A 2018 Survey Report. Despite potentially serious implications for supermarkets, the lack of solid research examining the connection between expired food and shopper behavior has largely left supermarkets in the dark about what shoppers do when…

​​Top 5 Mistakes in Demand Forecasting

Inventory levels are the key to any retail grocer’s success. Controlling perishable losses and out of stock delays is easier with demand forecasting, yet transition to new technologies and data-driven methods of inventory control can be costly if not properly implemented. Here are the top five mistakes made by retailers undergoing a transition to a demand forecasting inventory operations model.

​Loss Prevention: Unsaleables Causes and Solutions, Part 1

According to GENCO, unsaleables are products that are removed from the primary distribution channel. Although each has unique characteristics, unsaleable products can include customer returns, expired products, OS&D (over, shorts & damages), spoils, outdates, exceptions, warehouse damages, and deductions.

​Reducing Damaged Product Within Unsaleables

When it comes to unsaleables, there are several factors that can contribute to the overall numbers. One area in particular that can result in unsaleables is damaged products. According to FMI, the average annual sales for a supermarket—based on a weekly average sale of $516,727—is roughly $26,869,804. Within these numbers, the average percentage of unsaleable for a store is 2.7 percent with 4 percent of that margin directly resulting from damaged goods.

10 Points of Interest in Complying With the New FSMA Rules

The Food Safety Modernization Act (FSMA) “final rule”, with respect to Foreign Supplier Verification Programs (FSVP), is a means of the US Food and Drug Administration to regulate the human and animal food imports of international importers.

​5 Ways to Reduce Shrink in the Grocery Store

Those who are in the grocery store industry know that shrink is one of the leading causes of profit loss. Shrink is the difference between profits that should have been made versus profits that were actually made. Many inexperienced grocery store owners or managers end up dealing with hefty profit losses because they are ordering the wrong amounts of inventory or the wrong products in general.