Progressive Grocer - April 2019

Bu konuda

Retailers are increasingly serving “phytigal” shoppers, who browse
and buy in the physical and virtual worlds as their needs require.
Consumers have shown an eagerness to cherry-pick more formats
more frequently, and the trend of regularly buying groceries online
is bound to pick up with time. Within 10 years, 20 per cent of all
food would be sold online, it is being predicted.
Connecting with shoppers is the key. Experience continues
to emerge as a key point of differentiation for traditional grocers
facing digital upstarts, which have conquered convenience,
selection and price. Grocers no longer just sell food — they barter
in experience and information. Retailers have to become more
comfortable talking science, technology and nutrition... and in
preparing consumers for the next golden era of retail.
To thrive in this new retail world, innovation has to be pervasive
in an organization. Players must experiment, learn and make
changes on the 􀃁 y. Adapting to digital retail is more about mindset
than organizational structure; collaboration models need to shift,
and retailers must hire digital talent.
One industry study has identi􀃀 ed 􀃀 ve key issues facing the
industry: emerging new consumerism, arti􀃀 cial intelligence and
technology, workforce, the new marketplace, and food production.
Over the years, the industry has seen trends come and go, but
never before has lasting change come on so strong. The truth is
that we have not seen before an industry changing as quickly and
violently as food retail is changing today.

Olives From Spain Participates At Aahar For Its Fifth Promotional Campaign In India

OLIVES FROM SPAIN, one of the bigget exporters of olives, participated in Aahar Delhi 2019 to spread awareness about Spanish table olives.

2 mins

Work In Progress

Don’t expect a food safety silver bullet anytime soon as the grocery industry continues to work through blockchain’s potential and limitations.

4 mins

How Organic Foods Are Shaping The Future Of Food Industry

The practice of bringing in all food products under the organic label will erode the authenticity and genuineness of the organic category. It is therefore crucial for us to build trust to enable growth and sustain this practice. We must begin to focus on our biodiversity and the rare varieties to sustain the organic food industry in a healthy manner.

3 mins

Metro Cash & Carry Turns Profitable In India After 15 Years Of Operation

METRO was the first cash & carry player to foray into India in 2003. Since then it has opened 27 wholesale distribution centers across the country spanning 1.8 mn sq. ft. of gross floor area and catering to over three million customers nationwide. “It has taken us some time to find the right success formula in India but with a focused approach, we have been able to break-even and turn profitable after 15 years of successful operations in India,” says Arvind Mediratta, Managing Director & Chief Executive Officer at METRO Cash & Carry India, in an exclusive interaction with Progressive Grocer.

10+ mins

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Progressive Grocer Magazine Description:

PROGRESSIVE GROCER has been the voice of the food retail industry for over 80 years in the USA. Serving a wide audience in the Indian market, Progressive Grocer India's readers are top management at headquarters and top decision makers at store level. By anticipating, reporting and interpreting important data and trends, PROGRESSIVE GROCER fulfils its mission of identifying and highlighting insights and opportunity for leading grocery retailers, thereby accelerating brands and sales success for leading manufacturers