FOOD DELIVERY, MILLENIALS AND SOCIAL MEDIA: UNCOVERING THREE UNTAPPED OPPORTUNITIES FOR FOOD SECTOR

FOOD DELIVERY, MILLENIALS AND SOCIAL MEDIA: UNCOVERING THREE UNTAPPED OPPORTUNITIES FOR FOOD SECTOR

Changing technology poses a number of challenges for a food sector, but there are opportunities to be captured, too. How can more traditional industry players benefit from the technological evolution in the sector? Here is a selection of key future trends in the food industry and the possible perks for retailers.

Food Delivery on Rise

Home meal delivery services will emerge as a strong trend in the upcoming years. Millennials have already fallen for this type of service, but the market offers huge potential in other population categories, too. Driven by the progress in GPS technology, the food delivery service ...


PROGRESS OR PERISH: RETAIL MUST UNDERGO CULTURAL TRANSFORMATION TO MAKE IT TO NEXT STAGE

PROGRESS OR PERISH: RETAIL MUST UNDERGO CULTURAL TRANSFORMATION TO MAKE IT TO NEXT STAGE

Drones, crypto-currency and AI - adoption of new techs is just a tip of an iceberg for a retail industry on a brink of an unprecedented transformation. To be able to face the future, the sector will have to get ready for a radical cultural change.

According to the industry experts, retailers should be more confident in applying new techs in their business. It all boils down to changing one's mindset and becoming more future-oriented. Industry players must cease to perceive new-fangled solutions as something futuristic and embrace them as part of their everyday business operations.

New Staffing Model

In ...


NEW TECHS, SMART COOKING AND ORGANIC FOOD CRAZE. MILLENNIALS MAKE THEIR MARK ON FOOD PROCESSING INDUSTRY

NEW TECHS, SMART COOKING AND ORGANIC FOOD CRAZE. MILLENNIALS MAKE THEIR MARK ON FOOD PROCESSING INDUSTRY

Dubbed "Gen Y", Millennials will account for half of France's active population in 2020. Understanding needs and preferences of the world's first truly digital generation will be crucial to the food processing sector. Time to find out whether we really know what makes them tick.

According to the study Connected Life 2016 TNS-Sofres, this generation is very much into connected cooking, smart devices and kitchen appliances, as well as applications which help monitor daily food intake. Getting a better insight into Millennials' eating and buying patterns will help identify their expectations and needs, as well as anticipate future ...


FROM 3-D-PRINTED FOOTWEAR TO QUEUE - FREE STORES. LAST YEAR'S INNOVATIONS GIVE RETAIL A MUCH NEEDED FACELIFT

FROM 3-D-PRINTED FOOTWEAR TO QUEUE - FREE STORES. LAST YEAR'S INNOVATIONS GIVE RETAIL A MUCH NEEDED FACELIFT

2017 was the year marked by a growing number of traditional store close-downs and a rapid rise of e-commerce. While online sales boomed, with Millennials more than eager to put bricks and mortar in a coffin, some retailers went to great lengths to re-invent the traditional in-store experience and breathe new life into a struggling industry. Here is a quick recap of last year's promising innovations in the traditional retail sector.

3D-printed shoes to go mainstream

Sports apparel giant Adidas and a start-up Carbon teamed up to develop 3D-printed sneakers. By using a photosensitive resin that hardens as light ...


BRICKS HOLD THEIR GROUND, BUT THERE IS ROOM FOR IMPROVEMENT

BRICKS HOLD THEIR GROUND, BUT THERE IS ROOM FOR IMPROVEMENT

For the majority of French consumers, a physical store remains a key component of the omnichannel retail network. That does not mean they cannot see any room for improvement in the way bricks cater to their needs. Most common suggestions include more clarity on prices and faster service, particularly at the checkout.

A growing popularity of e-commerce has not threatened brick-and-mortar stores, a report on a retail sector reveals. Over half of those surveyed continue to do their shopping in physical stores despite a wide product offer that is just a few clicks away. That does not mean that bricks ...


SHOPPING IN 2020: BRICKS MAKE THEIR WAY TO YOUR HOME

SHOPPING IN 2020: BRICKS MAKE THEIR WAY TO YOUR HOME

A physical storefront in your pad sounds like something taken straight out of science fiction, right? Yet it already exists courtesy of retail giant Walmart which has just published the patent for its new fantastic device. Always at the forefront of retail innovation, the American behemoth seems to know exactly how to cross the line between futuristic concept and usable solution. Now it brings the traditional store to your living room, yet again reshaping the retail landscape.

What precisely is this new trailblazing solution about? Dubbed an “unattended retail storefront”, the device is set up in a customer’s home ...


THE TIMES THEY ARE A CHANGIN’. RETAILERS MUST TRANSFORM OR PERISH

THE TIMES THEY ARE A CHANGIN’. RETAILERS MUST TRANSFORM OR PERISH

Plummeting profits, shrinking margins and eroding customer loyalty – being a retailer nowadays requires lots of pluck. And while most retailers fully realize the need to change to be able to compete in this disruptive environment, they are often clueless as to how adapt to a new reality.

Among disruptive forces currently shaping the food retail industry are discounters who put pressure on pricing, skyrocketing obesity figures, consumers’ growing concerns about the environment, not to mention the power of Internet. To keep their heads above the water, retailers must completely redesign their strategies.

Troubled sector?

For 83 percent of respondents, shopper ...


In tune with shoppers. How to use music to enhance customer experience

In tune with shoppers. How to use music to enhance customer experience

Music makes part of everyday life of 9 out of 10 French respondents, reveals the study by Mood Media and Sacem. While 71 percent of stores claim to play music for their customers , nearly 33 percent still show some reticence in that regard. This reluctance seems quite surprising, given the fact that in-store music improves the brand’s image in the eyes of an impressive 70 percent of consumers!

Mood Media and Sacem did not spare efforts to get an in-depth insight into the role of in-store music in an overall shopping experience. Specialized in banking, ophthalmology, pharmacies, fuel distribution ...


WHERE PAPER IS KING: TRADITIONAL PRINT BEATS DIGITAL IN ADVERTISING, INCLUDING PROMO LEAFLETS

WHERE PAPER IS KING: TRADITIONAL PRINT BEATS DIGITAL IN ADVERTISING, INCLUDING PROMO LEAFLETS

The world is going digital, with paper seemingly falling into oblivion. But is print really a thing of the past? A recent study of consumer preferences in the areas where paper competes with digital content revealed that traditional print has not yet lost its powerful appeal.

Without undermining the importance of digital content, it is worth realizing that the it has not yet permeated our everyday lives, shows the study conducted by Toluna in June 2017 among nearly 11,000 respondents from 10 countries. In France, paper’s supremacy seems particularly striking.

From promo leaflets to books, paper’s position ...


NO LONGER RELEVANT IN RETAIL? BUILD YOURSELF A KILLER SOFTWARE APP

NO LONGER RELEVANT IN RETAIL? BUILD YOURSELF A KILLER SOFTWARE APP

Retailers who know how to play digital game have long realized that new techs open the door to new business opportunities. Implementation of software applications is no longer optional simply because the future of retail has become inextricably linked to digital savviness. To maintain their presence on the market, retailers have to redefine the ways in which apps are designed and brought into action.

Far from flexible, old-time big-scale and monolithic applications designed for a specific functionality (for example, warehouse management system) make it impossible for retailers to quickly react to dynamically changing digital-physical world.
How to stay attractive to ...


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