Expired Products and Shrink

MCA & Date Check Pro Announce North American Partnership

Pinpoint Software Inc. and MCA (Merchandising Consultants Associates) announced a strategic North American Partnership to help grocery retailers and manufacturers better manage product expiry dates in-stores. Madison, Wisconsin – November 18rd 2020 Pinpoint Software, Inc., provider of the leading expiration date management solution for grocery stores, Date Check Pro and MCA (Merchandising Consultants Associates), a…

How to Eliminate Shrink This Holiday Season

Like other retailers, grocers and supermarkets find the holidays to be one of the most prosperous seasons of the year. But with more store traffic comes greater pressure to protect store assets and prevent loss. Along with more sales, the holidays also bring a dramatic increase in property crimes and theft including shoplifting. Larger U.S….

The Top Expired Product Culprits Per Category

For shoppers, there’s nothing worse than opening up your fridge and finding that your recently-purchased groceries have already gone bad. For grocers, there’s nothing worse than losing a customer due to failing to provide the freshest food. While expired shrink can come from any department, the following products are the top culprits of expired shrink…

Blocking & Tackling: Principles, Policies, and Tactics for Crushing Shrink and Creating a Loss Prevention Culture

This week’s blog post is an excerpt from our eBook Blocking & Tackling: Principles, Policies, and Tactics for Crushing Shrink and Creating a Loss Prevention Culture.  The phrase “blocking & tackling” is commonly used to reference a commitment to excellence on the fundamentals of the game. While every loss prevention manager is aware of these…

The Product Expiration Blind Spot

The Product Expiration blind spot at supermarkets today are caused by multiple issues that include: A Lack of Priority from Management and Associates at the Store level A Lack of Urgency to Implement Solutions at the Corporate level Trends of Increased Product Line Expansion Current Ineffective Solutions In this article, we unpack these four issues…

How Plant-Based Products affect Expired Loss

With every new grocery trend comes a necessary round of conversations: “Who will our distributors be?” “How are we going to market this product category?” “Where should it be merchandised in our stores?” There’s one question that is usually left out of these conversations, but could have the largest impact on your bottom line: “How…

How Date Check Pro Can Make Your Expiration Date Process More Effective

Expiration date management is a necessary process in a grocery store. Consumers are more knowledgeable than ever about their health and the impact that fresh products can have on their wellbeing. They’re checking labels, and they don’t always like what they see. Our research shows that 35% of shoppers are extremely likely to stop shopping…

How Personalization Data Will Help You Decrease Shrink

Reducing shrink in a grocery store can seem like an almost impossible task. While the retail industry in general is plagued with loss prevention woes, grocery can be even more difficult to monitor simply because of the nature of its products. Customers can eat products before purchasing them and items can even go bad on…

Expired Shrink Prevention Strategies for Community Grocers

3 Expired Shrink Prevention Strategies that Can Help Your Community

Many retail operations are created with the business in mind. We have implemented procedures in order to make our stores run more efficiently, and in a more cost-effective manner. When we originally put together those processes, we were considering how the business would be affected by the results.

That mindset is being flipped on its head as we get closer to 2020. The focus of supermarkets across the country needs to shift, placing the spotlight on our customers instead of our internal workings.

Food Waste-Free Experience Creates Customer Loyalty

How a Food Waste-Free Experience Creates Customer Loyalty

One of the most-discussed trends in retail is the collective shift toward seeking customer loyalty over a one-time sale. There’s good reason for the conversation: according to a study by Edelman, loyal customers will spend up to 67% more with your brand than new customers. It’s not about bringing new faces into your store in 2019 – it’s about convincing them to keep coming back.

Grocers are aware of the impact of customer loyalty, and are turning to unique business strategies in order to develop that connection. One such strategy is becoming food waste-free.