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jerryking : safeway   7

Sobeys to close stores, chop jobs in wake of Safeway deal - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER
The Globe and Mail
Published Wednesday, Jun. 25 2014
Marina_Strauss  retailers  Sobeys  Safeway  layoffs  Wall_Street 
june 2014 by jerryking
With Safeway deal complete, Sobeys demands price cuts from suppliers - The Globe and Mail
MARINA STRAUSS - RETAILING REPORTER

The Globe and Mail

Published Wednesday, Jan. 08 2014,

In its letter, Sobeys says its acquisition of Safeway Canada will provide it with a new growth platform in Western Canada, the country’s fastest-growing region, while also significantly increasing the retailer’s economies of scale. To help it gain scale, Sobeys will require the retroactive 1-per-cent “synergy savings rate” from suppliers, it says.

“This 1 per cent synergy savings rate will be deducted from payments starting the end of January 2014,” the letter says. “Retroactive savings will also be deducted. The rate applies to all branded and private label grocery products.

“In addition, and as you are aware, current market retail pricing conditions leave no room for absorption of cost of good increases. As such, Sobeys Inc. will not accept any cost of goods increases through 2014.”

It will make some exceptions in cases of pharmaceutical supplies and “single commodity items,” which are currently priced daily or weekly, such as sugar, or possibly “where extraordinary unforeseen circumstances apply,” the letter says.
Marina_Strauss  grocery  supermarkets  retailers  Sobeys  Safeway  scaling  consolidation  supply_chains  economies_of_scale  synergies 
january 2014 by jerryking
Pulling More Meaning from Big Data
August 2013 | Retail Leader | By Ed Avis

"A.G. Lafley [Procter & Gamble's CEO] spoke of the two moments of truth," says John Ross, president of Inmar Analytics based in Winston-Salem, N.C. "The first occurs when a consumer buys a product, and the second when they use it. Much of the data today is about orchestrating and understanding those two moments. But two additional moments of truth are emerging to bookend Lafley's. One occurs when a consumer is planning to make a purchase. The other happens following use, when the consumer talks about his or her experience with the product. All of these activities leave a 'data wake' that describes how the consumer is moving down the path to purchase." (jk: going to assume that data wake = exhaust data).

Like most consumer packaged goods companies, Procter & Gamble relies on data to determine what consumers are looking for. "Consumer insight is at the core of our business model. We approach every brand we make by asking the question, 'What do people really need and want from this product? What does this mean to their lives?' Let me be clear – this is not casual observation. We employ teams of behavioral scientists, researchers, psychologists, even anthropologists to uncover true insight based on intensive research and exploration," said Marc Pritchard, P&G's global marketing and brand building officer, speaking at the Association of National Advertisers' 2012 Annual Conference....Most firms haven't advanced beyond localized analytics and don't fully capitalize on the existing data they have at hand – such as POS data, loyalty club data and social media traffic – according to a 2012 Deloitte study for the Grocery Manufacturers Association.
massive_data_sets  Sobeys  grocery  supermarkets  Safeway  P&G  A.G._Lafley  Kroger  point-of-sale  loyalty_management  customer_insights  insights  CPG  exhaust_data  psychologists  psychology  anthropologists  anthropology  ethnography  behavioural_science  hiring-a-product-to-do-a-specific-job  data  information_sources  moments  moments_of_truth 
december 2013 by jerryking
globeadvisor.com: Labour costs in spotlight as grocery wars shift to front lines
October 1, 2013 | Report on Business |MARINA STRAUSS.

Grocers are grappling with consolidation, as well as essentially zero inflation this year, forcing them to try to reduce costs, said Sylvain Charlebois, a food policy professor at the University of Guelph in Ontario. "Margins are very tight," he said.
Marina_Strauss  retailers  grocery  supermarkets  unions  Loblaws  Metro  Wal-Mart  Target  Sobeys  Safeway  UFCW  Sylvain_Charlebois 
october 2013 by jerryking
Private Matters
October 2003 | Dairy Field | by Lynn Petrak
private_labels  Safeway  Kroger  Trader_Joe's  dairy 
august 2012 by jerryking

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