Top Grocery Retailer and Food Supply Chain News June 1 – 15
By iFoodDS Team
May 31, 2022
Here is our bi-weekly roundup of the latest food industry news. In the weeks of June 1 – 15, new research identified current shopper behaviors like preference for loyalty programs, hybrid grocery shopping methods, and price sensitivity. Grocery retailers continue to work towards more sustainable practices by eliminating plastic bags and adding electrical vehicles to their fleet.
Consumers Value Premium Loyalty Programs
Research from Clarus Commerce identified through a poll that consumers are likely to join a premium loyalty program now more than ever, especially if discounts on groceries are included.
Price Is Becoming a Driver for Shoppers
According to data from Retail Insights, price sensitivity is increasing as consumers are looking for ways to save money when buying groceries. Two-thirds of the polled consumers said they are reducing food spending and searching for promotions or discounts.
E-grocery Sales Decrease Again in May
Brick Meets Click reported another decrease in online grocery sales during the month of May 2022. Inflation and price increases are some of the factors that contributed to the sales decline.
Wegmans Eliminates Plastic Bags
As part of its sustainability efforts, Wegmans continues to remove single-use plastic bags from all its stores. The goal is to eliminate plastic bags by the end of the year.
Hybrid Shoppers Are Increasing
The latest grocery shopper trends report by FMI identified new shoppers habits and an increase in the percentage of consumers that buy groceries online, highlighting new opportunities for grocery retailers to engage with consumers in-store and online.
Giant Food Deploys Electric Vehicles
As part of their ongoing sustainability practices, Giant Food added two new electric vehicles to their delivery fleet. The grocery retail company plans to transition to cleaner transportation and an all-electric fleet in the next years.