Inventory Tracking

image of items in a grocery store aisle

How CPGs Can Gain an Edge in a Post-COVID World

In the past few years, many consumer packaged goods (CPG) companies have noticed a shift in consumer wants and needs. In the wake of the COVID-19 pandemic, many CPGs shifted their offerings to meet new demands. But what now? As many states are reopening and attempting to go back to a more normal way of…

omnichannel shopping on phone

How Grocers can Use Omnichannel Shopping to Improve Customer Loyalty

Grocery shopping is no longer just an in-store experience. According to the Coresight Research U.S. Online Grocery Survey of 2020, online grocery sales grew 40 percent in 2020 and 19 percent in 2019. The survey found that of 1,152 consumers polled, 52 percent had bought groceries online in the past 12 months; this was the…

Less is More: 3 Reasons Less Choices For Consumers Leads to More Sales

According to Insights from the 2021 Dunnhumby Retailer Preference Index, shoppers correlate speed of transaction (i.e. the time from entering to exiting a retailer) with safety. So, retailers with efficient floor plans and speedy checkouts saw an increase in consumer satisfaction in 2020 due to fear caused by COVID-19.  It’s clear that consumers are looking…

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.

Best Expired Shrink Solution: Internal Process vs. Date Check Pro

Expired shrink is a problem for many grocers like you, yet it tends to fall to the bottom of your to-do list. You may think that you have bigger fish to fry: purchasing decisions to make, employees to manage, and marketing efforts to execute, but in reality, your neglect of expired shrink in your store can have a major impact – on your customers and your bottom line.

So, what is the best expired shrink solution? You have to weigh your options.

Save Some Dough – Reducing Dairy Dough Shrink

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.

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…