BJ’s ready to roll in Detroit
Food retailing competition heating up in the Detroit area where BJ’s Wholesale Club is slated to make its market entry next month. The $13 billion operator of 217 membership warehouses is scheduled to open its first location in Taylor on Nov.
Retailers and CPG’s shopping for enablers of growth discovered an array of solutions at IRI’s Innovation Showcase. Chief Marketing Officer John McIndoe explained why the Showcase was a hub of activity and the appeal of IRI’s Partner Ecosystem.
The data is in and products with sustainable attributes are driving a disproportionate percentage of growth. IRI teamed with NYU’s Stern Center for Sustainable Business to understand why products with sustainability attributes driving superior growth rates.
The cannabis market is growing fast and creating opportunities for CPG’s who understand the marketplace dynamics. Jessica Lukas with BDS Analytics and IRI’s Carl Edstrom shed light on a category unlike any other.
Shopper behaviors are changing at an unprecedented rate and increased visibility into online activities is key to omnichannel success. Sam Gagliardi is SVP of E-Commerce at IRI and weighs in on where e-commerce is headed.
Leaders and laggards in the CPG world are separated by common themes, according to IRI’s research with Boston Consulting Group. Krishnakumar (KK) Davey, IRI’s President of Strategic Analytics touched on highlights of the seventh annual report and where to obtain the research.
Top CPG performers are generating growth by distinguishing themselves in three ways: differentiating their offerings, targeting consumers with greater precision and complementing organic growth with inorganic growth.
As the convergence of offline and online shopping accelerates, it’s clear that for today’s consumers, their preferences for the retailers they shop doesn’t just come from what they buy, but more and more its driven by how they buy it.