Opening Doors to Growth
One of the challenges of your job, and mine, is to sort through and prioritize the vast amount of information that lands on our desks. No doubt each news report, invitation or query has some merit, but it's impossible to attend to every request or make note of every piece of information.
With the topic of mergers and acquisitions in our sector being top of mind for our readers, we set out to do the impossible. For this issue, we've recreated a high-level discussion among industry analysts and onlookers about some of the recent mega-mergers in our space, and about what this consolidation means to both retailers and manufacturers.
Among the high points, organizations in our slowly growing economy are finding new ways to reduce costs and to make the most of synergies within their respective companies with an eye toward growth.
Among the high points, organizations in our slowly growing economy are finding new ways to reduce costs and to make the most of synergies within their respective companies with an eye toward growth. Some are even leveraging the opportunity to effect change internally and adjust to an ever-changing retail landscape.
We're also seeing doors open, both on the retail and manufacturer sides, for small- to mid-sized organizations to gain share in some of the white space left behind by consolidation. Today, the opportunities for these challenger brands, who are often the innovators that drive strong growth in our industry, are significant.
Whatever changes the future holds, this is, for sure, an exciting time in CPG retail. It seems evident that no matter how the shopper's path to purchase evolves, there will be innovative and efficient companies ready to deliver on their unmet needs and accommodate their changing behaviors.