Technology

How Blockchain is Improving Traceability & Trust in the Supply Chain

Since the emergence of the cryptocurrency Bitcoin, industry publications have touted its underlying its ledger system, blockchain, as a revolutionary technology poised to change the way commercial transactions and other vital processes are handled.

But if you’ve tried to wrap your heads around exactly what blockchain is, or how it works––let alone how it can impact the grocery world––you’ve likely realized it isn’t a technology that’s easily explained in the short blurb we’d like it to be.

broccoli

3 Lessons from Walmart on the Future of Grocery Store Shrink Control

In 2015, Walmart reported $300m in revenue lost to theft alone. When combined with other contributors to total shrink, it’s no wonder why the retailer has recently launched a series of new initiatives to get a better handle on these losses. Like other retailers, both large and small, Walmart’s plan to combat the industry’s alarmingly…

supermarket view

How Grocers Can Manage Untrained and Overwhelmed Holiday Staff

This post is excerpted from our latest eBook, The Top 5 Asset Protection and Loss Prevention Problems Faced by Supermarkets During the Holiday Season. The holidays put an increased burden on existing and seasonal staff and create opportunities for theft by both shoppers and employees. Follow the strategies below to minimize the stress put on…

increase surveillance

4 Actions Grocers Should Take to Reduce Holiday Theft

This post is excerpted from our latest eBook, The Top 5 Asset Protection and Loss Prevention Problems Faced by Supermarkets During the Holiday Season. The holiday season brings more sales for grocers and supermarkets, but also brings a dramatic increase in property crimes and theft including shoplifting. Larger U.S. cities have reported a shocking 45…

3 Automated Reports Grocers Should Be Sending To Their Department Leaders

As technology makes it easier to both gather data from supermarket operations and pull actionable insight from that data, some grocers are exposing this information to department leaders in each of their stores to drive improvement from the ground up. We sat down with Chad Knutson, Asset Protection Profit Improvement Manager at Wisconsin’s Festival Foods, to…

Study: Online Grocery Shopping Hasn’t Taken Off — Yet

While Amazon’s recent acquisition of Whole Foods Market has a lot of grocers wringing their hands, new data from Gallup suggests the vast majority of Americans aren’t ready to do their grocery shopping online in 2017. The Gallup survey, conducted in July 2017, shows 9% of Americans say they order groceries online at least once…

3 Out-Of-Box Analytics Platforms Grocers Can’t Ignore

It can be hard to stay on top of the latest advancements in grocery store data technology. With recent advancements in CCTV technology and loyalty programs — not to mention the rapidly-changing habits of 21st century consumers — analytics platforms that help inform supermarket business decisions might be pushed to the back burner. If you…

Supermarket Loyalty Programs in 2017: 5 Things Grocers Need to Know

Loyalty programs are nothing new to grocers, but over the past few years, new data has revealed trends in consumer behavior that’s changing the way supermarkets are thinking about loyalty programs. Let’s run through a few of these data-driven takeaways before diving into one loyalty program software platform we’re seeing some grocers have success with…

Modern CCTV for Grocery: How New Technology Is Changing Supermarket Video Surveillance

Traditional closed-circuit television (CCTV) systems, while still in use throughout grocery and retail stores, are increasingly being swapped out for more modern networked video tools. The major difference between old and new video systems boils down to the technology itself. While CCTV systems typically transmit signals to one particular set of monitors through wired connections,…

5 Ways Supermarkets Can Compete with Amazon’s Whole Foods

If you believe the media’s frenzied reporting, you might think Amazon’s $13.7 billion acquisition of Whole Foods Market is something like a doomsday event grocers. Just look at some of the headlines: Amazon Deal for Whole Foods Starts a Supermarket War (The New York Times) Analyst Says Whole Foods Competitors Are ‘Screwed’ (Forbes) The Grocery Industry…