FMI Connect is designed to directly address challenges in the retail food business, such as growing basket size, increasing customer trips, improving margins, expanding market share and developing leadership among staff.
We wish it was as easy when introducing a new product in the retail industry. Even the best of products, based on the traditional attribute of quality, generally stand only a 25 percent chance of succeeding.
Some 84 percent of retailers have some sort of formal "onboarding" program for new hires, according to an exclusive Retail Leader survey.
It's an aspect of personnel management that gets attention, with 79 percent of respondents calling it "very important" or "extremely important." And it gets t
Every retailer knows that if a product is not there, the consumer can't buy it, which makes reducing out-of-stocks and improving on-shelf availability a business imperative for retailers, wholesalers and manufacturers.