"Last week, Walmart CEO Doug McMillon said there’s a high probability the US will see deflation in 2024. If he’s right, packaged foods companies will have their biggest sales growth challenge in years."
#cpg#grocery#retail#packagedfoods#brands
Look for action from the #FTC on the Kroger-Albertsons' merger this month (Jan. 2024). The FTC could: (1) Approve the deal, (2) announce an agreement with Kroger and Albertsons on store divestitures, or (3) file a lawsuit opposing the deal. #staytuned $KR $ACI #grocery#retail
@_courtneydunlop @EyeforRetail_ If your product truly tastes better, get it in to the mouths of as many people as possible in the most cost-effective way, such as free samples. If it tastes better than the competition, consumers will by it. But ...they have to taste it first.
Digitally-native brands must become omnichannel to thrive.
That loud clicking you can hear from keyboards is coming from digitally-native brands rewriting their plans to include physical retail as part of the omnichannel mix. https://t.co/NYySCKgVXa
#grocery#retail#cpg#dtc
Costco, Aldi USA and Trader Joe's are three leading US grocery chains that don't have to worry much about this issue. Why? All three big grocers focus mainly on own brand SKUs and carry very few major manufacturer brands.
#grocery#retail#CPG#foodforthought#storebrand
@TSFAction How many beds are available on any given night? It needs to be at least 4,000. My understanding is it isn't even close to that?
"More than 4,000 people sleep on San Francisco’s streets on any given night, according to the most recent federally mandated “point-in-time” count."