Asa Farquhar’s Post

🥒🥫 Green beans. Next time you see an end cap with cans of them at your local grocery store, think of the process is takes to get them there. Stan Zylowski, Co-founder and Chairman at Movista, shed light on it in our most recent #RELEXTalks episode earlier this month. Follow RELEX Solutions on LinkedIn to learn more about the world around you!  #Retail #Grocer #SupplyChain

I had a great time sharing the mind-boggling scale of grocery with a room of founders, and Baukunst collective members last week.  One of my favorite visuals from the presentation: 🚚 40 Costco-sized warehouses of grocery product sells every single DAY in the US. 🤯 #grocery #supplychain #comanufacturing

As someone who hadn't experienced Foxtrot and Dom's Kitchen & Market firsthand, the sudden closure of these businesses prompts reflection on what customers truly seek from their grocery experiences. This article sheds light on the challenges that innovative retailers face amidst the dominance of larger competitors and the demand for efficiency. Despite their ambitious growth plans, both Foxtrot and Dom's ceased operations abruptly, leaving the industry reeling with shock and frustration. Foxtrot revolutionized convenience by offering a multifaceted experience encompassing a café, grocery, and delivery services, while Dom’s distinguished itself through culinary excellence with its foodservice stations. The demise of these retailers sparks speculation about the viability of their business models and the effectiveness of their financial management. In an era where cost-cutting and essential-focused strategies reign supreme, retailers struggle to sustain imaginative concepts in the face of industry giants. Foxtrot's labor-intensive model and Dom’s experiential focus encountered significant pressure to deliver consistent returns. The relentless competition driven by efficiency and evolving consumer spending habits poses challenges for startups, while established players like Aldi thrive with their lean operations. However, amidst these challenges, there remains opportunity for innovation, albeit in a more focused and selective manner. Retailers must strike a delicate balance between cost-cutting measures and providing unique experiences to stay competitive in today's landscape. Whole Foods serves as a prime example, maintaining customer excitement through innovative store designs, emphasis on local sourcing, and meticulous brand development. In conclusion, the abrupt closure of Foxtrot and Dom’s serves as a reminder of the imperative for retailers to pilot innovative concepts while nurturing strong connections with customers, even within an environment demanding utmost efficiency. #RetailInnovation #CustomerExperience #GroceryTrends

Great read on the balancing act of innovation and efficiency in the grocery market. The article explores the fresh, innovative ideas of Foxtrot and Dom's and what lessons we can learn from their demise in a high inflationary market. As the grocery industry continues to evolve, it's crucial to find the right balance yet not lose focus on customer demands. What strategies have you implemented to stay ahead in this dynamic industry? #groceryindustry #innovation #efficiency

Discover how AI-powered solutions can revolutionize your grocery supply chain in our upcoming webinar. Register Now! 👉 https://bit.ly/4dDJFdH #retailsupplychain #groceryretail #grocery #webinar #retailmanagement

As a grocer, are you ready to tackle the challenges that the grocery industry is dealing with? From supply chain disruptions to shifting consumer expectations, grocers are facing unprecedented hurdles. Our latest blog outlines the top five challenges and provides actionable strategies to help you overcome them. Discover how to stay resilient and thrive in an evolving marketspace: https://bit.ly/4iKMhd6 #grocery #grocer #onlinebusiness #customerexpectations #customerexperience #operationalchallenges #golyve

Shrinkage. It’s the little gremlin nibbling away at grocery store profits that no one wants to talk about. 👹 But the sooner you take action, the better it gets. Here are our six tips for minimizing grocery shrinkage. https://hubs.la/Q02W1ygw0 #grocer #grocerystore #independentgrocer #independentgrocery #grocerybusiness #smallbusiness #retail #foodretail #foodmarket

What seemed to be taking shape in AVOCADOLAND…suddenly shifted. Stay on top of this ever-changing 🥑market. Get market intel and let’s talk #avocados! Contact Joaquin at 956.283.1031 or email Joaquin@stonehillproduce.com #grocery #retail #supermarketnews #supermarkets #supermercados #freshproduce

Independent grocers are part of the backbone of local communities. In a world where monoliths like Wal-Mart and Target have deep pockets and an ability to invest hundreds of millions of dollars in new technology, local grocers have to focus on areas that can differentiate them from big-box retailers and international players. This article from Supermarket News touches on some of the difficulties grocers are facing in the current competitive environment. https://lnkd.in/ezt5_jCH CLA (CliftonLarsonAllen) is here to help grocers with some of these struggles. We know your industry, and more importantly, we care!

🔍 Ever had to choose between something you love and what's best for growth? 🎙️This week on "Room For Seconds," I'm joined by Geoff Alexander, CEO of Wow Bao, to explore this exact challenge. 🤿 We dive deep into a decision we faced at Craveworthy Brands: a beloved biscuit that was a crowd favorite but didn't fit our expansion plans. It was tough to let go of something so cherished, yet this experience shed invaluable light on balancing quality with scalability. 🥐 🌟 Tune in to hear how we navigated these waters and the lessons we learned along the way. Join the conversation—have you faced similar choices? How did you handle them? Let's share our stories and strategies in the comments below! #RoomForSeconds #BusinessGrowth #QualityControl #wowbao #Craveworthy #RoomForSeconds