![]() ![]() These forces will cause structural change in the grocery retailing industry over the next several years. Those four forces will have significant impact as grocery retailers and manufacturers navigate the uncharted waters of Retailing 2012 and beyond. Those that do not will risk share losses, declining profitability, and perhaps even extinction. Retailers that respond to and exploit these forces will prosper and grow. However, the study also surfaced four increasingly important forces that will reshape grocery competition over the next several years. ![]() Grocery retailing is a dynamic and highly competitive industry requiring increasing merchandising and marketing expertise, heightened understanding of and attention to a new shopper mind-set, innovation in all dimensions of retailing and manufacturer collaboration, and a renewed focus on operating costs. population base.Īt one level the results were unsurprising. ![]() This study included interviews with about a dozen grocery CEOs and senior executives (as well as Strategy& experts from around the world) and, most important, fielded custom consumer research to 2,000 grocery buyers across the country representative of the U.S. In early 2012, Strategy&, along with Food Marketing Institute, collaborated with leading data providers the Nielsen Company, SymphonyIRI Group, VideoMining, and Intelligent Clearing Network (ICN) to gauge the current state of food retailing in the U.S. ![]()
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