Three years ago at the annual Private Label Manufacturers Association show in Chicago, McKinsey & Co. released data projecting the possibility that 24 percent of supermarkets sales could be store brands by 2016. This week at that same show, Nielsen reported the industry remains at the 2010 level of 19 percent. What does future hold for store brands in the U.S?
Growers, shippers and retailers need to draw on the model of Silicon Valley and the hi-tech world to better understand consumers to create incremental demand for produce. That was a key message at the 64th annual PMA Fresh Summit Convention and Exposition in New Orleans last week. Where are the biggest opportunities for produce companies and retailers to use technology to improve their businesses?
The International Boston Seafood Show featured the latest and greatest developments in the fresh and frozen fish industry, with almost entirely good news for the record-breaking number of attendees. What trends are having the biggest effect on seafood consumption?
There are certainly some community retailers that understand the potential impact of new processes and technology. This was proved at a workshop on digital shopper marketing at the National Grocers Association’s annual convention in Las Vegas last week. How important is digital among the marketing tools available to independent retailers?
The independent segment of the supermarket industry has never widely been considered to be at the vanguard of innovation in the latest tech trends. So, the fact that there was significant mobile marketing educational programming and even a few exhibitors at National Grocers Association annual convention was just short of remarkable. What can independent retailers do to keep up with larger competitors when it comes to mobile marketing?
At the annual Private Label Manufacturers Association show in Chicago last week, McKinsey & Co. released data revealing that store brands continue to ride a wave of popularity with American consumers. What will retailers need to do to grow store brands as the economy rebounds?
At the Produce Marketing Association (PMA) Annual Convention earlier this week, the association’s president, Bryan Silbermann, said the industry is in a bit of a funk and then challenged the group of growers and shippers to be more innovative in their efforts to build sales. What will it take for produce companies to grow their business over the next few years?
One of the clear themes at the Food Marketing Institute’s Show last week in Las Vegas was that shopper marketing is a trend that’s here to stay. While the precise definition of shopper marketing may be cause for debate, the central tenets are not. How important will shopper insights be for successful retailing in the next five to 10 years?
We know that loss prevention always becomes a bigger challenge for retailers when the jobless rate grows or stagnates at high levels. What attendees at a workshop during the NGA 2010 Annual Convention held last week in Las Vegas heard is that the current economic downturn also creates a significant opportunity. What loss prevention strategies do you think are most effective today?
The National Grocers Association held its annual convention and trade show in Las Vegas last week and attracted 20 percent more attendees than 2009, providing insight into the current state of the independent segment of the supermarket industry…. What do independent supermarket operators and their wholesale partners need from their trade association?
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