Shoppers today are looking for value beyond price to include quality, convenience, relevance and experience. In its 75th year, The Food Retailing Industry Speaks 2024 shows how the food industry is evolving and implementing innovative solutions driving the modern grocery experience.
Did You Know The Food Industry Operates On Narrow Profit Margins?
Food retailers and suppliers historically operate on narrow profit margins. At the same time, industry competition keeps retailers and suppliers constantly innovating to meet grocery shoppers' definition of value and differentiate themselves from their competitors. They are also reinvesting in their businesses to recruit and retain talent, adopting new technologies to provide better shopping experiences, and prioritizing initiatives that meet consumer demands for greater transparency and corporate social responsibility.
Food Industry Innovation
The spirit of innovation is driving the food industry and creating value for grocery shoppers. These case studies show how the food industry is transforming.
Related Research
These related reports dive into specific food industry operation areas.