 | With digital giants like Amazon throwing their support behind online grocery shopping, the disruptive force of this burgeoning channel will impact brick-and-mortar stores even more. Amazon's acquisition of upscale supermarket chain Whole Foods caused waves in the industry and provided further evidence that the digital world will inevitably encroach on physical stores. Deflationary food prices have put additional strain on grocery chains, resulting in widespread price reductions. It's clear that supermarkets need to optimize their store operations, minimize unnecessary expenses, increase sales, and remain competitive. To capture impactful insights and drive business forward, grocery stores must diligently measure key performance indicators and metrics on a granular level. These three KPIs, in particular, can shine a light on existing gaps in execution and identify opportunities for improvement. Request Free! |
