Study Sees Average Shopper Not Finding at Least One Item
Dec 18, 2008 6:00 AM
FRANKLIN, Tenn. — Grocery customers leave stores not purchasing at least one item they planned to buy or a substitute product 16.6% of the time, according to a new study from IHL Group here. This equates to losing 68 cents in sales per customer.
The study — “What’s the Deal With Out-of-Stocks?” — looks at why retailers in the food/grocery, home improvement, or electronics categories lose sales to consumers who want to spend money at their stores but leave without purchasing for reasons other than price. Among grocers studied, the best in-stock performance was observed at Safeway (14.7% of consumers experiencing an out-of-stock with at least one item), while the worst was seen at Food Lion and A&P (22.8%).
“Retailers remain in denial when it comes to consumers’ perceptions of out-of-stocks,” says Greg Buzek, president of IHL Group, in a statement. “Consumers don’t care why the product is not available. They come in with money to spend at the stores and have to leave either because the shelves are empty, there is no one to help get a locked item, or the staff simply cannot find the merchandise even though the computer system says they have it. Nine percent of all consumers in our study have simply stopped shopping at one or more retailers in the last 12 months due to the problem.”
Read More of Today's Headlines
Read More of Today's Headlines
Acceptable Use Policy blog comments powered by Disqus
Subscribe / Renew to Supermarket News
The most reliable source of industry news and insight...in print and online.
- Subscribe Today and gain instant access to the online SN Archive
- Renew
- Sign up for email newsletter
advertisement
Rick Brindle
View All Online Grocery Questions
Diane Tielbur
View All Occasion Based Marketing Questions
Viewpoints
David Orgel: Wider Turf War Between Supermarkets, Restaurants
Supermarkets are stepping up their restaurant-quality, ready-to-eat food offerings...
Connective Politics Pay Off in Interchange Reform
It's safe to say that Rich Niemann Sr. and Sen. Dick Durbin, D-Ill., don't see eye to eye on all issues...
advertisement
Most Viewed News
SN Editorial Videos
The Lempert Report
Marketing analysis, issues and trends from supermarket industry analyst Phil Lempert.
The Role of Technology at Save Mart Supermarkets
Aashish Chandra, senior director of IT Save Mart, talks about his company's approach to technology.
SN Sponsored Videos
Pan-Oston Mobile Innovation Centers Tour
The Supermarket Guru shows the front-end technology you can experience during the tour.




ShareThis









