Articles Tagged with ''grocery retail trends''

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Report: U.S. convenience stores experience record food sales in 2018

U.S. convenience stores sales overall surged 8.9% to $654.3 billion, while in-store sales increased 2.2% to a record $242.2 billion.
April 3, 2019
U.S. convenience stores experienced a 16th straight year of record in-store sales in 2018, according to new data published in NACS State of the Industry report, presented by the National Association of Convenience Stores (NACS), Alexandria, Va.
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Report: U.S. grocery store openings increased 30% in 2018

By focusing their tech advancements around flexibility and convenience, grocers are positioned to have a strong 2019 in both physical and digital retail.
March 29, 2019
New grocery store openings were up 30% in 2018, with more than 17 million square feet of space added in the United States, according to the “Grocery Tracker 2019 report,” published by JLL, Chicago.
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Report details key factors for growth in online grocery market

Online sales of groceries more than tripled between 2013-2018, but still accounted for only 2% of total grocery spending.
March 22, 2019
Increased mobile/smartphone usage, better website and mobile app interfaces and expansion of crowdsourced business models to shopping and delivery are key factors creating the perfect environment for growth in the online grocery market, according to a report published by Packaged Facts, Rockville, Md.
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Study identifies merchandising cues that communicate freshness

Whilecleanliness and presentation are significant, transparency also plays an important role in defining freshness.
March 19, 2019
Results from a new study from Culinary Visions, Chicago, revealed that merchandising cues signifying freshness were crucial in shaping consumers' perceptions about a food's freshness.
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Study: Automation is key to retail’s future

Nearly all (99%) survey respondents admit to some kind of constant inventory problem.
February 28, 2019
Bossa Nova, a San Francisco-based data service provider for global retailers, announced new survey findings that uncover the chronic inventory problems affecting the retail industry.
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Report: 55% of grocery retailers plan to utilize IoT, AI, VR within 3 years

55% are more likely to shop at a store with self-checkout vs. a store without, and 57% will choose a store offering automated returns to avoid human interactions and speed the process.
February 8, 2019
Nearly 32% of consumers are likely to shop at a store offering an augmented reality (AR) experience over a retailer that doesn’t offer AR and 29% would like a virtual reality (VR) experience as part of their shopping environment, according to a study released by BRP, Boston.
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Report: 79% of consumers want personalized in-store experience

Today’s online shoppers are accustomed to features such as product reviews, expansive merchandise choices, one-click transaction processing and personalized recommendations.
February 8, 2019
Personalization and technology are bringing new life to brick-and-mortar stores, according to a report published by BRP, Boston.
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