On Earth Day 2019, the challenges that our environment is facing are more prominent than ever. The modern news cycle keeps us aware of every imminent threat to the health of our planet, and it can be overwhelming to consider the far-reaching consequences of every action we take.
As a member of the grocery industry, we’ve chosen to use this day to focus on a key issue that our community is contributing to, and has the power to change: food waste.
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.
The grocery industry has faced its fair share of challenges over the past few decades. Digitization has caused many shoppers to adjust their purchasing habits in favor of e-commerce solutions, technology has raised the stakes on in-store personalization, and a renewed focus on sustainability has raised standards for grocers across the country.
Recent research found 51% of shoppers expect a remaining shelf life of eight (8) or more days if paying full price for perishable food products, while 73% said they expected at least 15 days on non-perishable (center store grocery, OTC/Vitamin) products. The study done by UW-Whitewater in partnership with Date Check Pro provides grocers with a rare insight into how expiration dates and shelf life impact a shopper’s willingness to pay.
Have you ever walked into your dairy cooler and found a bunch of expired doughs among everything that had been pulled for the day? This section of the store can generate shrink for a few different reasons, and we are going to walk through some of the tips and tricks of what to watch for and how to combat higher loss in this area.
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…
This post is excerpted from our latest eBook, The Top 5 Asset Protection and Loss Prevention Problems Faced by Supermarkets During the Holiday Season. While much has been said about asset protection and loss prevention issues affecting the broader retail industry during the holidays, grocers and supermarkets face a number of unique problems that receive…
If you are in the supermarket/grocery industry, you are surely familiar with shrink and how it impacts your business. Loss prevention can become a difficult task, especially when you do not know where to start. Let’s look at the first few steps needed to begin your Loss Prevention strategy: Identifying the problem Developing a program…