As a year-round product, bananas continue as top sellers in all grocery retailers. Jacent's Banana Tree is a basket-building product, driving retailer productivity and providing shoppers a fruit-life extension - a main concern of consumers. Contact us today and get this item stocked! #JacentProducts #JacentRetail #Bananasarenumber1🏆 www.jacentreatil.com
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💡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
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While traditional grocery stores are still the top outlet for purchasing fresh produce, mass retailers and supercenters are gaining market share, with 57% of shoppers purchasing fruits and vegetables from them in 2024, according to FMI- The Food Industry Association’s latest Power of Produce report. #grocery #FMI #produce #sales #massretailers #supercenters #supermarket https://lnkd.in/ekFAcaTA
FMI: 57% of shoppers purchase produce from mass retailers, supercenters
grocerydive.com
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“If national brands can’t improve the quality of their goods, then they need to lower prices to compete.” With US #grocery prices up 26% since 2019, more #consumers are turning to store / private brands. So are retailers. Walmart and Ahold Delhaize USA have each launched major private brand growth initiatives, trying to keep up (catch up?) with the likes of Trader Joe's , and ALDI USA, each of whom derive more than 60% of sales from own-brand goods. https://lnkd.in/ehHZNDM9
Knockoffs No Longer: Store Brands Get Fancy in a Private-Label Revolution
wsj.com
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Our latest blog post talks about the transformative journey of wholesale groceries catering to changing consumer preferences, including the rise of organic and local products, the role of wholesalers, and the advantages they bring. 🌱 Read on to unlock insights into cost-effective solutions, support for local communities, and environmental sustainability: https://loom.ly/M_H5vC8 #cjrwholesalegrocers #dairycentral #supplychain #newproducts #foodservicecanada #onestopshop #independentwholesaler #ontariogrocery #supplychain #productfeatures
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Strategic promotions attract customers and encourage them to buy more potatoes. 76% of potatoes are purchased at full price but using promotions tactically can significantly contribute to growth. Partner with Potatoes USA in the GCC to align retail strategies with consumer demands, enhancing sales of this versatile, nutritious staple. #RetailSolutions #FoodBusinessGrowth #InStoreSales #ProduceIndustry #RetailStrategy #MerchandisingTips #RetailTips
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Global Smoothies Market Size, Share & Trends Analysis Report, By Product (Fruit-based, Dairy-Based), By Distribution Channel (Restaurants, Smoothie Bars, Supermarkets & Convenience Stores) and By Region, And Segment Forecasts, Till – 2030 By:Intellistic Research Read More Info: https://lnkd.in/dxGgq_4h #Marketgrowth #marketshare #marketsize #marketdemands #marketstratergy #markettrends #marketforecast #marketanalysis
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🛒 The prices of products in Greek supermarkets saw an average year-on-year decline of 1.56% in July, according to a new survey by the Institute of Consumer Goods Retail Research (IELKA). #Greece #supermarkets #pricing #groceries #retail https://lnkd.in/euX-DqeZ
Greek Supermarket Prices Declined In July, Study Finds | ESM Magazine
esmmagazine.com
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Average food wastage in fresh grocery retail stands at 5.5% of fresh revenue. The ability to bring this share down has direct implications for the bottom line, and improving fresh perception can drive additional sales across categories. A best-in-class approach for grocery retail recognizes the differences in demand patterns and will tailor the assortment accordingly to curb avoidable waste while maintaining availability > https://owy.mn/4f0VfRz #grocery #retail #WasteReduction
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Rethink Retail Top Retail Expert ► I propel innovative retail solutions through relationship building & thought leadership | Strategic Partnerships | Retail Technology & Trends | Data Analytics | Always Positive
High food prices driving Private Label Revolution. “It’s not lost on retailers that the fastest-growing retailers have the fastest-growing private-label programs,” said Steve Oakland, chief executive officer of TreeHouse Foods 🍞 Consumers love Trader Joe's, ALDI USA and Costco Wholesale’s Kirkland products so much that they have devoted fan accounts on social media. 🍞 Walmart launched a premium food brand in late April called Bettergoods. 🍞 Ahold Delhaize, owner of Food Lion, Stop & Shop and other chains, announced in May a target to increase the companywide share of private-label sales to 45% by 2028, from about 38% today. During the pandemic CPG companies gained the upper hand since many had more robust supply chains than their private-label competitors....and were able to raise prices without much resistance. More and more consumers have had enough and are buying more private label products with better quality and lower prices. Walter Holbrook April Waits CASEY GOLDEN Dustin Fuhs Jamie Grill-Goodman Daphne Howland https://lnkd.in/gKnkuY5d
Knockoffs No Longer: Store Brands Get Fancy in a Private-Label Revolution
wsj.com
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Aisles Abroad: A look at pricing efforts by grocers around the world Addressing consumer concerns about prices is an ongoing issue for grocers across the world. Even as the rate of grocery inflation continues to slow in U.S., shoppers have yet to shift their attention away from food prices, with some turning to discount grocers and mass retailers to stretch their budgets. Similarly, food-at-home inflation is cooling in the U.K., yet customers there are flocking to discount grocer ALDI USA. Here’s a look at how some grocers around the world have rolled out new initiatives, marketing campaigns and savings recently to attract and keep price-sensitive customers.
Aisles Abroad: A look at pricing efforts by grocers around the world
grocerydive.com
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