Trendspotting: Shifting consumer behavior reshaping retail food competition
Trendspotting: Shifting consumer behavior reshaping retail food competition
The retail food business is not for the faint of heart. Razor thin margins can cause many a sleepless night for store and department managers. Making it more difficult is the fact that it seems every retailer and their mother now sells groceries in one form or another. The good retailers know that enhanced fresh formats can set a store apart from the competition. Now, if you are like my family and don’t want to listen to what I’m saying, you don’t have to take my word for it. According to Placer.ai, fresh formats are surging, fueled by affluent shoppers seeking health, wellness and convenience