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Short takes from Shoptalk

Retailers and food companies had plenty to share at the Las Vegas event

Michael Browne, Executive Editor

March 23, 2018

3 Min Read
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Tzido/iStock/Thinkstock

As Shoptalk wound up its four-day residence in Las Vegas yesterday, the more than 8,000 attendees and exhibitors headed home with a wealth of knowledge gleaned from a dizzying array of speakers, presentations and exhibits. (At least those of us who could get home — many visitors from the East Coast found their flights canceled or delayed due to the spring nor’easter that tangled up travel east.)

Here are just a few of the (golden) nuggets we heard at Shoptalk:

Mark Berinato, VP, Digital Experience, Panera Bread
“We have always differentiated ourselves on food. The customer has evolved…they want food transparency, mobility, and to feel recognized and special.
“We’re always thinking about the back-of-the-house. While an app may be amazing, it has to deliver. If a customer has to wait 10 minutes more for their food than they expect, your business will suffer.”

Jared Lukin, VP, E-commerce, KIND Snacks
“Food is the smallest, but fastest-growing category in e-commerce. There are three things you need to do: build a strong foundation; differentiate; and be more than a store.”

chef_d_3.jpgKyle Ransford, founder & CEO, Chef’d
“Today’s consumer seeks individual meal solutions rather than traditional grocery inventory. Fewer households are planning out their menus for the week.
“We expect Chef’d meal kits to be in about 1,500 stores by May-June, in endcap presentations and kiosks in supermarkets.”

Rachel Drori, founder & CEO, Daily Harvest, a superfoods meal delivery service
“We are solving a modern-day eating dilemma with fresh frozen, healthy foods. We’re educating consumers who grew up believing frozen food is a compromise of convenience over flavor and nutrition.”

Tim Steiner, founder & CEO, Ocado
ocado-the-online_supermarket_3.jpg“We are meeting the challenge of online grocery head-on in the UK by hand-picking 1.5 million items a day for shoppers from our sheds [warehouses]. And we are able to match the price they would pay in a Tesco retail store.”

Jason Ackerman, co-founder & CEO, FreshDirect
freshdirect_3.jpgWith $700 million in sales in and around the New York area, “what we’ve found is that New Yorkers are very picky about their food. The challenge is getting past having someone else pick your fresh food.”
“We offer a wide range of meal kits, over 1,000 different types of prepared foods. The fight for dinner is a huge one.”

Oskar Kaszubski, VP of E-Commerce Acceleration, Kellogg
“We need to develop stabilized, consistent packaging for online delivery. Different-size packaging makes it difficult for robots to pick and pack. We’re calling for a product consortium among manufacturers to overcome these types of supply chain issues.”

BJs_Wholesale_Club_Logo.svg_3.jpgRafeh Masood, chief digital officer, BJ’s Wholesale Club
“We are laser-focused on convenience for our customers via digital. We’ve relaunched our mobile and desktop sites, we have our mobile app, and we’ve launched digital microsites for our private-label brands Berkley Jensen and Wellsley Farms.”

Tarang Sethia, senior director of CRM & Loyalty, 7-Eleven
“We survive everything, we have survived Amazon. We are like the cockroaches of retail. And we have stores within a mile of 60% of the world’s population.”

About the Author

Michael Browne

Executive Editor, Supermarket News

Michael Browne joined Supermarket News in 2018 after serving in managing and executive editor capacities at leading B2B media brands including Convenience Store NewsLicense Global and Travel Agent. He also previously served as content production manager for print and digital in the Business Intelligence division of Informa, parent company of Supermarket News and Nation’s Restaurant News.

As executive editor, Mike oversees the editorial content of supermarketnews.com as well as the monthly print publication. He also directs all content-based brand-related projects including the annual Top 75 Retailers report, Category Guide, Retailer of the Year, research surveys and special reports, as well as podcast and webinar content. Mike has also presented and moderated at industry events.

In addition to the positions mentioned above, Mike has also worked as a writer and/or editor for special projects at American Legal Media (ALM), managing editor for Tobacco International, special projects editor at American Banker • Bond Buyer, and as production editor for Bank Technology News and other related financial magazines and journals published by Faulkner & Gray.

A graduate of Fordham University, Mike is based in New York City, where he was born and raised.

Contact Mike at [email protected] or follow him on Twitter and LinkedIn.

 

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