A report in today’s Business Insider notes that groceries are the biggest untapped opportunity for e-commerce, and claims the online grocery market will witness a 21 percent compound annual growth rate from 2013 through 2018.
E-commerce sales on Cyber Monday jumped 17 percent from last year, totaling nearly $2.04 billion, research firm comScore Inc. reported Tuesday.
The Co-operative reportedly plans to cut its losses and re-invest in smaller stores as a way to battle growing e-commerce competition.
Food and beverage retailing is going “social, mobile and loyalty,” and more food and beverage retailers are taking a careful look at what they need to do to cultivate “SoMoLo” sales.
Outsourcing provides access to experts who can deliver consistent, repeatable, industry-standard processes complete with multiple quality checks to ensure accuracy.
What can food and beverage manufacturers and distributors do to maintain and even increase margins - the answer could be found in process improvement and innovation.