Expired Products and Shrink

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…

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…

peppers

The Growing Problem of Organic Food Expiration: What AP/LP Professionals Need to Know

Organic foods, particularly produce, have risen in popularity among grocery shoppers throughout the past few years. According to the latest numbers from the Organic Trade Association, organic sales in the United States in 2016 reached about $47 billion, reflecting new sales of almost $3.7 billion—a clear surge as the food market overall remained stagnant. While…

grocery produce

4 Ways Supermarkets Can Build a Shrink Elimination Culture

Supermarket and retail shrink is a battle that may never truly end, but is increasingly being better handled by companies investing themselves in finding new ways to reduce it.

We’ve covered some of the specific tools and strategies supermarkets and retailers are using to win the war on shrink, but this time, we thought we’d step back to consider how leaders can power their shrink elimination efforts by making it a core pillar of their company culture.

Report: Shrink On The Rise Among Retailers

57% of major retailers reported an increase in company shrink in 2016, according to a recently-released Jack L. Hayes International, Inc. survey. The survey, which featured data from 26 major retailers, highlighted theft as a major cause of shrink among retailers. Results of the survey showed 26 major retailers lost $3.4 billion due to theft last…

The Best Practices for Eradicating Shrink

For both retailers and suppliers, shrink is a massive problem. It can even reach up to 20% of operating profits for some retailers which is a staggeringly large number.  One of the main causes of shrink is food waste. Every year, America alone wastes up to 160 billion pounds of food. When your profits are…

The Dangers of Face Overs & Stuffing

The term planogram is nothing new to any retailer. It refers to a set plan of where products should be placed throughout the store. Much planning goes into the development of these plan to ensure complimentary products are placed close to one another, product assortment is optimized for sales, and more. Even with such detailed planning, it is fairly common to see stores vary slightly or even greatly from their planogram. Two primary causes of this deviation being face overs and stuffing.