IGD Retail Analysis for 2016

 
  Spring 2016
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 The IGD (Institute of Grocery Distribution) is a global research and training charity that helps the food and grocery industry deliver the needs of the public. Their in-depth understanding of shoppers, retailing and supply chains is supported by their knowledge of broader topics affecting the industry such as health, nutrition, sustainability and economics.
Recently, the organization released the results of their research identifying themes which they believe will shape the Canadian grocery sector in 2016.

1. A challenging economic backdrop driving a flight to discount

Worsening economy, higher unemployment, lower Canadian dollar and high consumer debt are encouraging value seeking Canadian shoppers to rely more on discount stores.

2. Continued reinvention of the supermarket.

Canadian grocers designing experiential “health and wellness destinations” focusing on fresh foods and restaurant-like offerings.

3. Pushing ahead with grocery e-commerce.

Walmart, Loblaw’s, Sobeys and others creating/building on their click and collect services to expand their reach to offer a convenient shopping option.

4. Grasping the ethnic opportunity.

While independent grocers continue to be a key element in this growth area, major banners expanded their offerings in this category.

5. Positioning the grocery store as a healthcare centre.

In-store dieticians, pharmacists, cooking demonstrations and a bigger fresh food focus combined with wearable health technologies offer new ways to interact with consumers around their health.

To read the complete study visit http://www1.agric.gov.ab.ca/$department/deptdocs.nsf/all/sis15612

 
 
 
 
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For more information about the content of this document, contact Eileen Kotowich.
This information published to the web on April 1, 2016.