The biggest challenges regional grocery stores are facing today | Digital Grocer S5E7

As the grocery industry continues to evolve, regional grocers are facing some unique challenges. From inflation and labor shortages to changing consumer preferences, grocery stores of all sizes are being forced to adapt in order to stay competitive.

One of the biggest challenges regional grocers face is keeping prices down due to inflation. With the cost of food and other grocery items on the rise, it can be difficult to keep prices low without sacrificing margins. To combat this, many regional grocers are looking for ways to increase efficiency and cut costs. One way to do this is by investing in grocery eCommerce solutions that can help streamline operations.

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On Season 5, Episode 7 of the Digital Grocer Podcast, expert eGrocery hosts Sylvain Perrier and Mark Fairhurst, are joined by Mike Davidson, President and CEO, of Buehler’s Fresh Foods. Mark, Sylvain and Mike discuss how regional retailers are handling the changes in the grocery industry, while competing against the large Tier 1’s.

The conversation starts with a discussion on how regional retailers are trying to keep prices down for their customers in the face of inflation. The group then moves on to talk about how grocers are dealing with the current labor shortages, and how this is impacting operations. The conversation then shifts to consumer preferences, and how the current economic climate is influencing the way people shop for groceries. They also discuss recession in 2023 and how grocers might adjust their plans. Finally, the group ends with a discussion on what grocery retailers can do to encourage consumer loyalty in the current environment. Throughout the episode, the trio provide insights and observations on the current state of the grocery industry, and how regional retailers are faring in the face of challenges.

Another challenge regional grocers face is the current labor shortage. With unemployment at an all-time low, finding and retaining employees can be difficult. This is especially true in the grocery industry, which is notoriously high turnover. To combat this, many grocery stores are offering more competitive wages and benefits packages. Additionally, some stores are investing in automation solutions that can help reduce the need for human labor.

Finally, regional grocers also have to contend with changing consumer preferences. With the rise of online grocery shopping, consumers are becoming more accustomed to convenience and flexibility when it comes to their grocery shopping experience. To compete with online retailers, regional grocers need to offer a similar level of convenience and flexibility. This could mean offering delivery or pickup services or investing in technology that makes shopping easier and more convenient for consumers.

Named as a Top 10 Influential in Retail 2020 and a 2019 Grocery Game Changer, Sylvain Perrier is a true digital retail trailblazer.