FORM’s Post

Retailer competition to win back shoppers is, not surprisingly, heating 🥵 up with 🦃 day being the next (and perhaps most critical) "must win" grocery battle. Or is it? 🤔 Note...a 15-item Thanksgiving meal costs an average of $65.51 this year, which is down a meager 3% from last year🥱 Which, after all those savings is, wait for it...still 42% higher overall than in 2019 😳 Net, despite the hype surrounding promo discounts, the reality is the bar for pricing has been reset with little change insight. This elevates the need for retailers and RGM teams to break the frame of standard promotional activity with creative solutions to deliver consumer value. #grocerywars #RGM #pricing #inflation

Dollar General Unveils “24 Days of Savings” Holiday Program 𝗞𝗲𝘆 𝗣𝗼𝗶𝗻𝘁𝘀: • Dollar General introduces its “24 Days of Savings” program, featuring daily deals from Dec. 1 through Dec. 24. • Weekly promotions will be shared every Sunday via the myDG app, social media, website, and in-store signage. • Discounts span categories like home goods and food, including $1 holiday mugs and discounted Smithfield bacon. • The program complements existing holiday promotions such as DG Deal Days and Decked Out in Deals. • Retailers across the industry are offering early holiday deals, highlighting consumers’ demand for value amid rising grocery prices. 𝗪𝗵𝗮𝘁 𝗶𝘁 𝗠𝗲𝗮𝗻𝘀: ✅ Retailers are leveraging innovative promotions to capture holiday shopping dollars, appealing to budget-conscious consumers. ✅ Dollar General’s focus on value highlights its strategy to differentiate itself in a competitive discount retail landscape. ✅ Frequent, short-term deals align with consumer preferences for planning and securing savings during the holiday season. ✅ As value remains a top priority for shoppers, supermarkets and discount chains are intensifying competition with aggressive pricing strategies. Progressive Grocer | https://lnkd.in/gpiAHV4v #retail #supermarkets #discountretail #holidaypromotions #grocery #savvyshopping

🇺🇸🇺🇸 Happy 4th of July from the team at Bridg! 🇺🇸🇺🇸 We're wishing you a happy and healthy holiday as we celebrate our nation's independence. Curious about how holiday spending is set to play out for the big day? 🗽 According to a recent survey by the National Retail Federation, Americans will spend $9.9B on picnics and cookouts for the Fourth, breaking down to an average of $90 per person on food items. Check out this infographic from P2PI for a detailed look at Fourth of July necessities, themed products, and celebration plans. https://lnkd.in/gxJjEJTb. Here are some of our favorites: 🌭 🛒 40% of shoppers will get their holiday items from grocery stores. 💲 🍔 Cost (32%) and flavor (25%) are the two biggest factors that inform Fourth of July food purchases 🍴. 🏠 👭 50% of shoppers plan to spend the day at home, while 19% will cook for family and friends 🔥. 🧨 Whether you're firing up the grill or settling in to watch the fireworks, we hope you have a fantastic day! 🎆

🎄Irish shoppers embraced the festive spirit in style this December! 🛒 🛒Lastest data from Worldpanel by Kantar Grocery sales hit €1.4 billion, a 4.4% increase despite 3.6% inflation. Shoppers made an average of 23 trips - stocking up on both essentials and indulgences. 💡 Key Festive Highlights: 📅 Biggest Day: Monday, 23 Dec: €107M spent (+€11.9M YoY). 🏷️ Premium Treats: Sales of premium own-label products surged 10.5%. 🖥️ Online Boom: Online grocery sales rose 14.7%, adding €28.3M. 🥂 Cheers to That: Alcohol sales up €79M, with champagne and sparkling wine leading the way. 🏆Retailers Performance : Dunnes: Leads with 24.8% market share (+6.9% growth). Tesco: 24.2% share (+6.4%). SuperValu: 20.5%, with the most trips per shopper. Lidl: 12.3% share (+4.6%), driven by more trips and larger baskets. Aldi: 10.6% share (+3.9%), boosted by increased trips. Irish consumers didn’t hold back this season, treating themselves and celebrating in style! 🍾 #RetailInsights #GroceryTrends #IrishRetail #ConsumerBehaviour #Kantar #FMCG

US grocers are rolling out their most competitive Thanksgiving deals yet in 2024. Surveys suggest that 98% of consumers expect inflation to impact their Thanksgiving plans, compared to 79% in 2023. As retailers look to appeal to inflation-weary consumers, and by understanding the value in offering a bargain, several grocers are serving up Thanksgiving meals for $5 or less per person. The price per pound for turkey has been the centerpiece of these deals, with US retailers offering the following deals:  🦃 Save A Lot at $0.99 / pound 🦃 Target at $0.79 / pound (20% less than last year) 🦃 Lidl US at $0.39 / pound (10 cents less than last year) As competition drives record-low holiday pricing across the grocery sector, retailers are prioritizing overall store traffic that aims to get shoppers through the door in the hopes they purchase other holiday items at regular margins. What value propositions are you offering to stand out this holiday season? #PricingStrategy #RetailTech #PricingOptimization #HolidayPricing #Thanksgiving2024 Grocery Dive Fortune

While supermarkets and mass merchants remain the top choice for consumers to purchase Thanksgiving essentials, more than half say they plan to switch which store they consider their primary destination when shopping for the upcoming holiday, according to a new FMI- The Food Industry Association report. This change is mainly driven by shoppers planning to visit a different channel altogether versus buying from another store within the same channel. Furthermore, the switch stems from consumers feeling that if their usual store isn’t meeting their holiday shopping needs, it is because they are in search of something that the channel as a whole does not offer, FMI found. https://lnkd.in/eFaRUv7G

So half of shoppers said they weren’t going to visit their normal grocery store for Thanksgiving shopping. HALF! For one of the biggest gatherings and half of your shoppers no longer view their usual store as their primary shopping destination. That is not good. So why are they saying this? Primarily, “consumers feel that their usual store isn’t meeting their holiday shopping needs.” That’s about price, promoting the right items, and selection. And this is critical as other major holiday meals are fast approaching. Don’t let it continue. We’ve written about this before in our blog and will be doing more, but you can about the study factors here. https://lnkd.in/gQKYEgVt #pricing #promotions

Grocers have long offered Thanksgiving and holiday meal deals to help entice customers to their stores. This year, Turkey Day savings are steeper than ever as retailers look to appeal to inflation-weary consumers. While major retailers offered a range of meals and savings on individual ingredients last year, at least eight tracked by Grocery Dive this year have committed to serving up Thanksgiving meals for $5 or less per person. Here's a look at a chart comparing these meal deals across several major retailers. https://lnkd.in/ev3pFrXm

Sales growth in Food & Drink retailers held at +3.3% in the 4 weeks ending 18th May 2024, against last year’s tough comparatives of double Bank Holidays, King’s Coronation and sunnier weather. Online share improved to 13.0%, as wet mixed weather has continued, so online sales growth is ahead of industry averages as we lap last year’s warmer temperatures.     Online fmcg growth +4.4% (NIQ Homescan) is explained by a +4.1% increase in Orders as opposed to Shopper acquisition which has declined slightly. This is perhaps a stronger indicator of channel health and indicative that the channel is meeting more of the needs of the 27% of households who shop the channel on a 4 week basis. As we enter the summer trading months, this challenge will become increasingly important, as well as ‘instant refreshment' including ice-creams and soft drinks, shoppers will also demand availability of seasonal products so innovative convenient fresh foods for alfresco dining, long drinks and cocktails and non food lifestyle solutions to bring comfort and relaxation to their outdoor spaces.   #NIQThoughtLeadershipUK #nielseniq #NIQ #fmcg #foodandbeverage #foodretail #weather #grocery #online #insights #summer

Knowing which stores will remain open can be invaluable for those in such a situation. In this article, Tribune Online examines the 10 grocery stores that will open on Thanksgiving.