Retail Insight

Imagine this... Your shift starts at 6 am. The store is bustling, and online pickers are fulfilling orders. Night shift workers wrap up. Shelves need to be restocked. Bakery items aren’t ready. Customers start to flood in. They move items and ask you questions while you try to unpack stock. It takes you 10 minutes to find the product you need to mark down. Crash! A bottle breaks. You need to clean it up. By 7:30am, it’s chaos 😩 This scenario highlights the daily disorder faced by frontline grocery retail staff, affecting every corner of the store. From regular stockouts to ineffective markdowns and labor shortages to inaccurate inventory records, it’s no wonder the store can feel chaotic. With associates juggling more tasks than ever, prioritization is becoming increasingly difficult. So, with this in mind what does good look like? Is there a smarter way to manage operations? Find out how to calm the chaos and transform your in-store operations here 👇 https://hubs.ly/Q02N7BFM0 #calmthechaos #retailtechnology #instoreoperations Matt Fifer Conversations On Retail

📣 Calling all retailers 📣 Pre-book your demo slot with Retail Insight at Groceryshop 2024 👇👇 At this year's event, one of the biggest topics for discussion is how retailers can best navigate changing economic and market conditions to build profitable, efficient, and resilient businesses. So we want to invite you to meet us at stand #A1134 where we’ll showcase how our sophisticated analytics platform can drive profitability by: 👓Giving you estate wide visibility for increased performance in every store, department and region 💎Directing staff to the most valuable actions with near real time insights 💻Seamlessly integrating with and amplifying your existing tech stack Pre-book your demo slot now to secure a personalized session with our experts onsite 👇 https://hubs.ly/Q02N7BVv0 #Groceryshop2024 #RetailInnovation Matt Fifer Conversations On Retail

❓Curious about what U.S. shoppers really want from their markdowns? Our latest study reveals some surprising preferences that could transform your pricing strategy. 🏷️From the most eye-catching label colors to the terms that resonate across generations, we’ve uncovered key insights that every retailer should know. Here's a sneak peek: shoppers are more likely to buy something if the original price is shown alongside the markdown. Read the full article to get all the details and actionable tips 👇 https://hubs.ly/Q02LHzv_0 #retailtechnology #markdown #wastereduction

It's Sainsbury's Chocolate Chunk & Hazelnut Cookies for us, Kelly 😉

Our team is excited to attend the NACS Show for the second consecutive year in October. After a successful event last year, the team will again be on hand to provide insights to improve your product availability, inventory accuracy, and labor productivity. Use the link below to grab some time with them👇 https://hubs.ly/Q02LHy_d0 #NACS #retailoperations #waste

In today’s competitive retail landscape, centering product ranges around the requirements of shoppers is more crucial than ever. Our latest research highlights the importance of understanding the preferences of different demographic groups. By tailoring product ranges to meet these needs, retailers can drive sustainable sales growth. 🌱And utilizing data-driven merchandising strategies can boost profitability. Studies show that this approach not only improves on-shelf availability but also enhances promotional compliance. Discover how a customer-centric approach to merchandising can transform your retail operations, and how your data may hold the key 🔑 Read the full article for detailed insights and actionable strategies: https://hubs.ly/Q02LHBy90 #retailtechnology #onshelfavailability #customercentric

Groceryshop 2024 is just around the corner 👀 📆If you’re already planning your schedule, you can find us at stand A1134, where our team of experts will demo live in our pop-up store. RSVP below, and our team will know to keep you in touch 👇 https://hubs.ly/Q02KNQ1r0 #groceryshop2024 #retailoperations # analytics

We’re excited that our work with East of England Co-op has been featured in The Grocer 🎉 We’ve been working with a great team at the Cooperative to roll out the electronic shelf edge label (ESEL) integration within our prompted markdown solution, and we are now live across 18 stores. The integration will drastically reduce the time needed for product identification and help East of England Co-op to get more out of their CapEx technology investment, ensuring greater ROI. Full roll-out across all ESEL-equipped stores is expected to be completed by September 2024. Read the full article here 👇 https://hubs.ly/Q02KZNJ50 #foodwaste #ESELs #retailtechnology

💡We recently visited 658 stores across Europe and North America to understand more about how retailers conducted (if at all) markdowns. We found that while most retailers have leveraged some type of markdown strategy on their products, 90% are still missing a huge opportunity to drastically reduce the amount of food they waste every year. 🌽As the retail landscape continues to evolve, fresh food becomes the key battleground for retailers to differentiate themselves from their competition. And one of the best ways to do this is by implementing a dynamic markdown strategy to reduce waste while maximizing sell-through and profit. We dive into this in our recent study here (no gate) 👇 https://hubs.ly/Q02KNPgG0 #markdownstrategy #retailoperations #waste

🍏 Every year, 9.6 billion pounds of food is wasted in US grocery stores.    At the store level, demand forecasting and in-store replenishment processes are often blamed for the excessive amount of food dumped into landfills, which costs the retailer significantly. Is this fair?    Retail Insight conducted a study into the health of store operations in the US grocery retail market to understand more about what retailers are grappling with.      Our discovery?    Stores are struggling to serve shoppers how they were designed to do so.      Dive into the key operational issues retailers are battling below and find out how to use technology to waste less, sell more, and keep food out of landfill. 🚮    Read the white paper here (no gate) 👇   https://lnkd.in/eXTMmbSa      #ShelfHealth #StoreHealth #GroceryRetail #RetailOperations