Grocery retailers are creatively integrating technology into in-store fixtures to enhance the shopping experience and boost revenue.
Grocery retailers are increasingly prioritising sustainability, not only due to shopper demand for eco-friendly products but also as a strategic move to enhance profitability.
As supply chain challenges persist in 2023, grocers must prioritise stability and competitive advantage.
Digital channels influenced 69% of grocery sales in 2023, but profitability remains a hurdle, resulting in $23 billion in losses due to item unavailability or a lack of substitutes in 2022.
Grocery Outlet’s exceptional success in achieving over $1 billion in net sales during Q2 is attributed to its unique business model and strong community engagement.
Instacart, the grocery technology company, has launched its largest back-to-school ad campaign, titled “You’ve Got This, Parents.”
Canada’s largest food and drug retailer, Loblaw Cos., is set to launch an in-store audio advertising network in selected locations in collaboration with Stingray Advertising.
AI-powered smart carts are emerging as a potential “killer app” for supermarkets and grocery stores to revolutionise the shopping experience and regain market share lost to other retail formats.
Walmart and PepsiCo have embarked on a seven-year collaboration to invest $120 million in supporting U.S. and Canadian farmers in adopting regenerative agriculture practises.
Artificial Intelligence (AI) is revolutionising food safety in the food service industry.
Foodland Super Market Ltd., Hawaii’s oldest and largest grocery chain, has partnered with CitrusAd to launch its first retail media network.
ReposiTrak, a provider of supply chain, food safety, and supplier management technology solutions, has introduced the ReposiTrak Recall Management solution to enhance the recall process in the food supply chain.
Grocery retailers are creatively integrating technology into in-store fixtures to enhance the shopping experience and boost revenue.
Grocery retailers are increasingly prioritising sustainability, not only due to shopper demand for eco-friendly products but also as a strategic move to enhance profitability.
As supply chain challenges persist in 2023, grocers must prioritise stability and competitive advantage.
Digital channels influenced 69% of grocery sales in 2023, but profitability remains a hurdle, resulting in $23 billion in losses due to item unavailability or a lack of substitutes in 2022.
Grocery Outlet’s exceptional success in achieving over $1 billion in net sales during Q2 is attributed to its unique business model and strong community engagement.
Instacart, the grocery technology company, has launched its largest back-to-school ad campaign, titled “You’ve Got This, Parents.”
Canada’s largest food and drug retailer, Loblaw Cos., is set to launch an in-store audio advertising network in selected locations in collaboration with Stingray Advertising.
AI-powered smart carts are emerging as a potential “killer app” for supermarkets and grocery stores to revolutionise the shopping experience and regain market share lost to other retail formats.
Walmart and PepsiCo have embarked on a seven-year collaboration to invest $120 million in supporting U.S. and Canadian farmers in adopting regenerative agriculture practises.
Artificial Intelligence (AI) is revolutionising food safety in the food service industry.
Foodland Super Market Ltd., Hawaii’s oldest and largest grocery chain, has partnered with CitrusAd to launch its first retail media network.
ReposiTrak, a provider of supply chain, food safety, and supplier management technology solutions, has introduced the ReposiTrak Recall Management solution to enhance the recall process in the food supply chain.
The global food and grocery retail industry is expected to surpass $17T by 2027, expanding at an annual rate of 5%. During this time, digitisation is set to transform the entire food value chain from farm to fork. Our weekly newsletter covers innovations and disruptions in food and grocery industry.
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