July 2014

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July 2014

A collection of news, articles and other featured content about July 2014.

As the pace of technology accelerates, retailers are scrambling to get their websites and mobile apps to stand out in an increasingly crowded field. At the same time, consumers are demanding more relevant, effective tools to keep them coming back.

The Retail Experience of the Future exhibit at FMI Connect in Chicago featured research from PwC's report "Front of the Line; How Grocers Can Get Ahead for the Future". These are the topline learnings: 1.

Collaboration is nothing new in the world of grocery retailing.

Food safety is the No. 1 priority of food retailers. Proactive prevention and vigilant food safety management is key to selling safe and wholesome food.

In the annual Shopping for Health survey, FMI and Prevention magazine explore changes in shoppers' behavior, preferences, and concerns related to food purchasing and preparation.

Trends issues are especially interesting because they can predict and project what the future may look like, and because no one really knows, the prognosticators aren't really accountable.

Welcome to Retail Leader's third edition of its Trends and Research issue.


A Letter from the President and CEO
Leslie G. Sarasin

One of the most noticeable, yet difficult to measure, industry trends of the past year has been the tendency to turn to collaboration and tackle industry-wide issues. The Food Waste Reduction Alliance (FWRA) is a shining example of such partnerships.

Established retailers and CPG manufacturers are ramping up their acquisitions and opening up new formats as their confidence in the economy improves. Companies are hoarding less cash and re-examining their allocation of capital, experts say.

Calls for a higher minimum wage for front-line retail workers are becoming commonplace, while executive compensation and tenure is receiving closer scrutiny.

The late Steve Jobs once said, "You can't just ask customers what they want and then try to give that to them. By the time you get it built, they'll want something new." He may have been on to something. Take a look at the number of new products that roll out in a given year.

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