Consumer Trends| Page 11 of 28 | GroceryGeniuses Blog

Kantar shares the grocery market share of different grocers from EMEA and APAC regions

GroceryGeniuses May 12, 2022

The grocery industry has made some dramatic changes in view of the changing grocery landscape, consumer behaviour, and needs. Companies had to alter their business models in a 360-degree manner due to the onset of the pandemic in 2020. Some grocers continued building the momentum to seize market share and remained the market leaders. Kantar, a leading data, insights, and consulting firm, recently shared the grocery market share data of selected regions from the EMEA and APAC countries. Kantar procured the data from the research of Worldpanel and included the purchasing patterns of about 20,000 demographically representative households. Kantar based this data on the total value of products purchased by shoppers over a specific time period. The data included different grocery markets, including France, Ireland, Great Britain, Spain, and China from the APAC territory. Let’s have a look at the data from European grocery markets: France In the French grocery market, Groupement E. Leclerc, a chain of supermarkets, remained the champion (+0.6pt) in the last decade and has a market share of 22.5%. Carrefour becomes the second grocer, with a market share of 20.5%, to have the highest grocery market share in the country. Groupement Les Mousquetaires ranks third with a

Heinen’s Grocery Store’s latest approach to merge health and food is applaudable

GroceryGeniuses April 27, 2022

Heinen’s has launched a health clinic, the Personalized Nutrition Center, inside one of its retail outlets. The grocer is advancing digital technology and health to offer holistic services to consumers. This clinic will not just treat the seasonal flu and colds. The clinic will have experts providing proper dietary counselling with diet charts. The experts will recommend urine and blood tests to examine the immunity, digestion, and cardiovascular functions of every consumer. The experts will then offer a suitable diet plan based on the test results. The grocer invested in marketing and promotion activities to attract more customers. To read more, please visit GroceryDive

Weekly Snapshot of top trends in the Grocery Industry

GroceryGeniuses April 25, 2022

This is the weekly snapshot of top trends from the Grocery industry in the past week (15 April-18 April.) AI & Robotics: Wakefern, the largest grocery retail cooperative in America, is in the process of piloting shelf-scanning robots from Simbe Robotics. The grocer is making this move to automate its inventory management process. Store of the Future: Land O’ Lakes, a dairy and food manufacturing platform, has been piloting a personalisation programme using a customer data platform (CDP) and the latest business analytics. Online Grocery: E-grocer Misfits Market has launched its first-ever private-label brand, Odds & Ends, to deliver pantry essentials to shoppers. Consumer Trends: Panera Bread has expanded and launched an $8.99/month subscription for unlimited coffee and tea to please coffee lovers. The subscription programme is called the Ultimate Sip Club and will offer around 26 self-service beverages Digital Supply Chain: Grocery Outlet has collaborated with Instacart to offer same-day delivery across nearly 400 stores to consumers.

Panera Bread expands its coffee subscription programme and rolls out a caffeinated lemonade

GroceryGeniuses April 20, 2022

Panera knows how much consumers love coffee and other drinks like iced tea. The firm has expanded and launched an $8.99/month subscription for unlimited coffee and tea to please coffee lovers. The subscription programme is called the Ultimate Sip Club. Panera will offer around 26 self-service beverages, including iced coffee, lemonade, and soft drinks. Additionally, Panera Bread is debuting an interesting blend of caffeinated lemonades. Sara Burnett, Panera’s VP of food belief, revealed that the drink would contain as much caffeine as a 20-ounce dark roast coffee. To read more, visit RestaurantDive

Weekly Snapshot of top trends in the Grocery Industry

GroceryGeniuses April 18, 2022

This is the weekly snapshot of top trends from the Grocery industry in the past week (08 April-15 April.) AI & Robotics: Walmart has teamed up with Snapchat, an American social app with filters, to have a new AR lens inspiring mobile users to find recipes. Store of the Future: Chieh Huang, the CEO of Boxed, an e-tailer offering bulk products, is ready to charge and drive growth for his tech and e-commerce business. It will have two income revenue streams: an e-commerce business and a software business. Online Grocery: Canadian grocery chain Sobeys has expanded its Voilà online grocery delivery service to Ottawa and Quebec. Canadian consumers can order thousands of products, including the Sobeys Farm Boy store banner, from the Voilà mobile app. Consumer Trends:Ulta Beauty’s financial report exhibited a net sales increase of 40.3%, and its net profit was $985.8 million compared to last year at $175.8 million, up 461%. Ulta Beauty’s gross margin was 39% in 2021, compared to 31.7% last year. Digital Supply Chain: The Kroger’s Ship marketplace will offer items like storage, bedding and baby furniture from Bed Bath & Beyond and its Buybuy Baby chain.

Ulta Beauty shows a phenomenal financial performance with a net sales surge of 40.3%

GroceryGeniuses April 13, 2022

Ulta Beauty is certainly the most-loved beauty brand by consumers, as is evident in its latest financial report for the fiscal year 2021. The financial report exhibited a net sales increase of 40.3%, and its net profit was $985.8 million compared to last year at $175.8 million, up 461%. Ulta Beauty’s gross margin was 39% in 2021, compared to 31.7% last year. The brand had a strong performance for the full year, especially in the fourth quarter (Q4). Ulta Beauty has Target as its strategic partner and also showcased singer Rihanna’s brand Fenty Beauty on its shelves recently. The brand follows a six-pillar strategy to grow its business. The brand added new assortments, expanded its omnichannel presence, and attracted beauty shoppers. Ulta Beauty also augmented its operational excellence with optimization and sustainability efforts. To read more, visit Forbes

Weekly Snapshot of Top Trends in the Grocery Industry

GroceryGeniuses April 8, 2022

This is the weekly snapshot of top trends from the Grocery industry in the past week (01 April-04 April.) AI & Robotics: Gorillas, the German instant delivery platform, plans to innovate its HR department to enhance employee experience. Store of the Future: Albertsons is expanding food and medicine access for consumers to promote wellness. The grocer allows shoppers to buy fresh produce and over-the-counter medicines. Online Grocery: Online grocers have features allowing consumers to shop recipes via an add-to-cart button on their digital platforms, social handles, and Livestream content. Consumer Trends: As per the latest data released by Kantar, Aldi and Lidl performed way better than other grocers due to their affordable products. Both of the discounters became the fastest-growing chains in the last quarter. Digital Supply Chain: Bp will make around 3,000 physical locations available on the Uber Eats platform to reach more consumers globally.

Grocery retailers are reinventing their prepared food sections post-pandemic

GroceryGeniuses April 6, 2022

As the pandemic seems to be over, apparently, consumers are shifting back to the hybrid model of eating at home and dining out often to relish entrees and desserts. Many grocers take a fresh approach to serving customers and reinventing their prepared food departments. The Giant Co. now has a Fresh Hall concept offering freshly-made in-store rolled sushi, a made-to-order poke station, sandwiches, and flatbread pizzas. Cali-based Gelson’s Markets has transformed its food section into a proper restaurant, offering a catalogue of food items and ethnic dishes. Foxtrot Market offers café menus, chef-prepared meals, grab-and-go options, and wide wine selections. Almost all of them now offer online delivery of their artisan food dishes. To read more, visit SuperMarketNews

Shoppers paid more visits to Aldi and Lidl in the last quarter, briefs Kantar

GroceryGeniuses April 4, 2022

As per the latest data released by Kantar, Aldi and Lidl performed way better than other grocers due to their affordable products. Both of the discounters became the fastest-growing chains in the last quarter. The report revealed that grocery sales went down 3.7% over the 12 weeks to 20 February 2022. In February 2022, the inflation rate was at 4.3%. Supply chain woes and possibly the ongoing Ukraine-Russia conflict are causing inflation to surge up. Aldi and Lidl enjoyed increasing sales by 3.3% due to increased visits from shoppers. Aldi drew an additional 1.3 million customers compared with 2021. To read more, visit YorkshirePost

US campuses will now have autonomous grocery stores for Gen Z consumers

GroceryGeniuses March 30, 2022

Sodexo, an autonomous grocer in the US, plans to roll out grocery stores called Eat>NOW that will offer high-tech vending machines and virtual dining concepts. Gen Z consumers are comfortable with the omnichannel business models of grocery and food firms. Sodexo will launch its first-ever checkout-free grocery outlet at the University of Denver on April 6. The grocer has partnered with tech solution provider AiFi to roll out the friction-less tech solution. Steve Gu, CEO and co-founder of AiFi, which has Aldi among its grocery clients, detailed that this is the ultimate frictionless grocery solution for young consumers. To read more, visit ProgressiveGrocer

Weekly Snapshot of the Grocery Industry

GroceryGeniuses March 29, 2022

This is the weekly snapshot of top trends from the Grocery industry in the past week (18th March-25th March). AI & Robotics: PlantX, a plant-based grocer from LA, is launching its same-day online grocery delivery service in Canada. Store of the Future: Target Corp. and Amazon Fresh are taking the necessary measures to seek net zero certification from the International Living Future Institute, a nonprofit firm promoting sustainability measures. Online Grocery: SariSuki plans to shift from a social commerce business model to an end-to-end digital grocery platform for consumers in the Philippines after raising $10.5 million. Consumer Trends: US restaurants embark on a journey to embrace global flavours and offer a menu full of variety from across the borders. Consumers love to taste international cuisines. Digital Supply Chain: Coupang, a Seoul-based digital retailer, has entered the Chinese market by launching an office in Yanji. The firm will expand its digital supply chain network internationally.

Sbarro Pizza to launch more than 100 stores in the UK and US

GroceryGeniuses March 28, 2022

Sbarro, a US-based leading firm in the impulse pizza category, is gearing up to launch about 100 company and franchise outlets in the US and UK. The pizza chain has partnered with ARKO Corp’s GPM Investments, EG America, EuroGarages, and Travel Centres of America to expand its physical footprints by 2022. The Sbarro pizza chain primarily highlights malls, airports, and travel plazas, along with convenience stores, as its main location to attract more consumers. The pizza chain will open numerous restaurants within dozens of convenience store partner firms, including Turkey Hill and KwikShop. Since 1956, Sbarro is famous for serving its XL New York pizza slices to customers grabbing a bite on the go. To read more, visit NRN