DISCUSSION QUESTIONS: Do you think inflation has played a role in recent store closures? How will continuing inflation affect grocers, particularly smaller ones, through the balance of 2022?
Interactive Edge’s CEO, Zel Bianco comments, featured on RetailWire’s Braintrust:
This is one of the main reasons major retailers are increasingly focused on retail media. It may be one of the only ways to keep their heads above water and attempt to improve their margins. Retailers also need to negotiate better better prices with their suppliers, at least until inflation starts to level out. Another area of opportunity is to focus on their private label brands which some have been doing very successfully for some time. It’s good for them and good for the consumer.
Read the entire article at Retail Wire: