Alexander Levine’s Post

Food and beverage companies are reviewing business portfolios to manage complexity and focus on areas of competitive advantage. This creates opportunities for M&A in 2024. Read our 2024 M&A outlook. https://pwc.to/41YVwyg. #PwCDeals #PortfolioOptimisation

Get the latest insights and stay informed with the newest edition of European Supermarket Magazine! This issue features a wealth of stories, tips, and insights that will keep you up-to-date on the latest innovations and trends in the world of food retail. As a grocery professional, you won't want to miss out on this valuable resource. 📰 🕵♀️ #ESM #grocery #foodretail #innovations #trends

Food and beverage companies are reviewing business portfolios to manage complexity and focus on areas of competitive advantage. This creates opportunities for M&A in 2024. Read our 2024 M&A outlook.  https://pwc.to/41YVwyg #PwCDeals #PortfolioOptimisation #MnA #IndustryTrends, #ValueCreation, #DealsTrends, #DealsInsights

Ian Courtnage dropped some serious knowledge on our quick, candid convo on the current consumer value prop: - Value = Price + Offering + Service - Labor costs are up double digits over the last 24 months - COGS are up double digits over the last 24 months - Folks are raising prices, and consumers are feeling fatigue and starting to more seriously evaluate the tradeoffs of eating out. But operators still have several levers to pull (ranked in order of easiest to do but potentially hardest to maintain): - Raise prices in response to cost pressures - Discount to present a more "value" offering - Menu engineering - change the bundles, change the inputs, change the modifiers - LTOs - maintain relevance, reduce the fatigue with the core menu in light of higher spending From Ian's perspective, the environment over the next 12 months isn't going to get any easier. The only answer is to hold true to your brand's principles and value prop: - Figure out why guests love you - Preserve your differentiation - Pair the above with continued phenomenal operational execution Thank you again Ian for your time! We'll be back next week for another 15 minute convo next week with Groucho's Deli President 🥪 Deric Rosenbaum talking about "unified commerce" - what it is and why it matters - for both operators and guests.

📊 Private Label Spending Soars to 20% of the U.S. Market! 📊 Private labels are taking over shelves, now accounting for 20% of total market spending. Are you leveraging the rise of private labels to boost your grocery business? Explore the latest data and trends. Read more on Supermarket News: https://lnkd.in/gzswaZyV #PrivateLabel #GroceryTrends #RetailStrategy #MarketInsights #GroceryIndustry

Grocery stores and restaurants are facing a common challenge of retaining customers while keeping the cost of goods sold in check. In today's competitive landscape, it's innovation that sets apart the winners from the rest. Are you ready to innovate and take your business to the next level? Share your strategies in the comments below and let's grow together! #grocery #restaurant #innovation #businessgrowth

Join our #Dbrief webcast for a first look at the insights on fresh food for profitable growth for the grocery retail industry and the trends and topics presented. https://deloi.tt/4eXBsBS

From the Values blog... "I love Aldi and do you know why? Because they’ve taken (most) of the decision making out of my food shop. If I want pasta, I just grab the pasta, if I want baked beans, I buy baked beans - for the most part there are only ever one or two options of each food item and this makes the amount of decisions I have to make so much less. I’m so used to this way of shopping now that I venture out to a big supermarket is actually, though slightly thrilling (!), actually a bit much! It involves far too many decisions. Making decisions can be exhausting. So I wonder how you make decisions? Do you procrastinate in the hope the ‘right’ decisions become obvious? Do you ask all of your friends and family what they would do in the hope that someone else might make the decision for you? In the busy-ness of life it’s natural I think for us to find ways of making decisions less tiring...' Read more here :

Great article in Reuters News Agency citing Michael Lukianoff. #Pricing in the #restaurantindustry is a hot button issue. FOR DISCUSSION: Do you know which consumers you're losing as your stores' traffic declines? If not, look to SignalFlare.ai (by Extropy360) to answer it. Our new methodologies incorporate more #Consumer and #Market giving us insights well beyond just price. We can actually answer these questions. A true marketing and finance win -- all in one! #DecisionIntelligence #IntelligentPricing #RestaurantAnalytics #Snowflake

🔍 New labels on the rise in French supermarkets! 🏪 While the article highlights the introduction of shrinkflation stickers, the broader impact is on consumer loyalty. 📉 With these labels, shoppers will now be fully aware of size reductions in products despite stable or increased prices. This transparency could significantly influence trust and loyalty towards brands. Consumers are more informed and value honesty—companies must adapt to maintain their credibility. Follow Culinary Tides, Inc. for more insights. 🛒🤝 #Shrinkflation #ConsumerLoyalty #Transparency #FoodTrends #CulinaryTides Explore more about this crucial development: https://lnkd.in/esfdJC6M