Dunnhumby recently released a special edition of its Retailer Preference Index, a nationwide study of the $1 trillion U.S. grocery market, examining which grocers are winning customers despite the ongoing inflation crisis. View the rankings here.
Retailers should take time and invest efforts into getting their systems ready for adoption of the next-gen retail automation and price optimization software. The following steps are turnkey for effective preparation and smooth technology adoption.
Forward-thinking grocers are focusing technology investments on inventory management solutions embedded with artificial intelligence and machine learning capabilities designed to drive demand management decisions.
Delivering exactly the right prices and promotions to engage price-sensitive and value-minded shoppers is more important than ever, and the prevalence of online price-checking means complete price transparency.