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Tech Innovations Become Major Grocer Investments: Annual Report

Technology remains a key concern, hitting No. 4 on the list of issues that keep retailers up at night in Progressive Grocer’s Annual Report, with 42 percent citing keeping up with technology as a key concern. Two-thirds of retailers indicated that they planned to increase their technology spend in 2019 to keep up with the rapid pace of change in the industry as consumers increasingly shift their lives online or into the digital realm. Technology upgrades also ranked second for shoppers’ suggestions for investments, according to a PG consumer survey.

In-Store Farming: From Farm-to-Table to Farm-to-Aisle

With a majority of today’s consumers prioritizing more natural food options, it’s no surprise that local, fresh produce is high in demand. Restaurants in urban centers and small towns alike have taken notice of this trend and an increasing number have begun offering fresh, seasonal and local produce, aligning with the “farm-to-table” concept.

2020 Grocery Innovation Outlook

Innovation in food retailing is everywhere and advancing at a pace so rapid that companies that are considered disruptors question whether they’re moving fast enough, while others wonder whether they can catch up.

Moving Past Price: A Guide for Modern Promotions

Models for pricing and promotions are guided by the assumption that shoppers are consistently rational beings. But according to research, they’re actually far more apt to act on impulse. To account for this fact, pricing and promotional practices need to be reconsidered.

Gap between online, brick-and-mortar narrows for food shoppers

Though only one in five U.S. shoppers regularly buys groceries online, consumers are increasingly finding the online grocery experience equal in many respects to brick-and-mortar supermarkets, new research from the Food Marketing Institute (FMI) shows. Regular food shoppers rate online as doing at least an equal job to supermarkets in 11 of 18 performance areas, ranging from product freshness to value to customer service, according to FMI’s 2019 U.S. Grocery Shopper Trends report, released yesterday. These shoppers reported that supermarkets outperformed online in just seven areas, only one of which involved food quality.
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