Engage3’s approach to measuring Price Image is based on complex behavioral modeling – avoiding bias, time delays, and inaction – and enabling accurate forecasting and pricing decisions. Continue Reading Engage3 and Nielsen Jointly Launch Price Image Analysis (PIA) to Help Retailers Assess Their Price Image and Price Investments
Promotions are disappearing from grocery shelves, especially for national brand products that consumers are accustomed to buying at a discount. CNN tries to answer the question on when promotions will return in this article with its interviews with CPG companies. Continue Reading CNN Business: It’s Harder to Find Sale Items at the Grocery Store
The University of North Carolina’s Kenan-Flagler School of Business recently released a study which found that Lidl’s entry into the Long Island, NY grocery market drastically affected prices at its surrounding competitors. Continue Reading How Retailers Respond to Lidl Store Openings and Competitive Store Closures
In their 2020 US Online and In-store Grocery Shopping Study: Food Shopping during the COVID-19 Pandemic, the Retail Feedback Group found that consumers are now less satisfied with their grocery store. Continue Reading BrickMeetsClick: 4 ways retailers can up their game as COVID-19 has changed the way consumers shop for groceries
Discounters and specialty retailers hold a special place in the wine market, and now they hold spots on Wine Enthusiast’s list of America’s 50 Best Wine Retailers. The magazine noted… Continue Reading Value Wines from Grocery Outlet, Aldi, and Costco Recognized in America’s 50 Best Wine Retailers
Supermarkets have taken their dietitians online, from ShopRite to Kroger to H-E-B. Dietitians, a staple of in-store health initiatives by retailers in recent years, have now expanded their services to… Continue Reading With Virtual Dietitians, Retailers Move into Telehealth
In the latest partnership between retailers, DSW Designer Shoe Warehouse and Hy-Vee are working together to sell footwear inside grocery stores. Orders placed on DSW’s site can be picked up… Continue Reading An Uncommon Partnership: DSW Shoes and Hy-Vee
Many retailers and grocers have made changes to their offerings, policies, and employee benefits during the COVID-19 outbreak. In the spirit of sharing ideas to service your associates and vulnerable… Continue Reading Business As Unusual: Notable New Policies and Store Changes Amidst COVID-19 (updated as of April 8, 2020)
Amid the current COVID-19 events, restaurants and grocery stores are adapting to a new way of operating by partnering and taking on more of each other’s roles. Supermarkets are offering… Continue Reading Restaurants Go Grocery, Groceries Go Restaurant
In his recent article for Winsight Grocery Business, Jon Springer reports that the coronavirus pandemic is delivering billions in new sales for U.S. food retailers. But there’s a catch. He writes,… Continue Reading Winsight Grocery: A Price and Promotion Pandemic