Posterscope: Supermarket Peep: A Glimpse at UK Shopping Behaviours in the NowPosterscope
Analysis of major GB data sources for grocery retail illustrates the significant changes we have seen in shopping behaviour over the last 6 weeks. It demonstrates when these changes were most profound, where they were happening and indicates that in the most recent weeks that overall retail spend is starting to stabilise. This edition of Posterscope’ Now, Near, Next series looks at Shop in the Now, focussing on the retail winners and losers, the UK as a nation of baking and beer, the change to shopping locally and the need for advertising to be more aware of itself than ever.
El mercado de farmacias en Estados Unidos està concentrado en un 84% en 3 grandes cadenas, Nielsen estudia cuales son las categorias de mayor crecimiento. El tabaco es una de las dos categorias de mayor crecimiento en espacio de gòndola y los contraceptivos la de mayor crecimiento en venta.
This presentation discusses the USA retail trends for March 2016
- Retail Sales – March 2016
- Housing Market – USA
- Tonnage – Truck
- Expansion
- Closures
- Bankruptcies
- Omni Channel
JLL’s tax-based retail activity index indicates that retail sales in Chicago returned to precession levels in 2014 as total sales approached $17.1 billion. Following a steep contraction retail sales have been growing at an inflation adjusted average of 3.6 percent annually since 2010, a rate that exceeds average growth from the years leading up to recession by 120 basis points.
Posterscope: Supermarket Peep: A Glimpse at UK Shopping Behaviours in the NowPosterscope
Analysis of major GB data sources for grocery retail illustrates the significant changes we have seen in shopping behaviour over the last 6 weeks. It demonstrates when these changes were most profound, where they were happening and indicates that in the most recent weeks that overall retail spend is starting to stabilise. This edition of Posterscope’ Now, Near, Next series looks at Shop in the Now, focussing on the retail winners and losers, the UK as a nation of baking and beer, the change to shopping locally and the need for advertising to be more aware of itself than ever.
El mercado de farmacias en Estados Unidos està concentrado en un 84% en 3 grandes cadenas, Nielsen estudia cuales son las categorias de mayor crecimiento. El tabaco es una de las dos categorias de mayor crecimiento en espacio de gòndola y los contraceptivos la de mayor crecimiento en venta.
This presentation discusses the USA retail trends for March 2016
- Retail Sales – March 2016
- Housing Market – USA
- Tonnage – Truck
- Expansion
- Closures
- Bankruptcies
- Omni Channel
JLL’s tax-based retail activity index indicates that retail sales in Chicago returned to precession levels in 2014 as total sales approached $17.1 billion. Following a steep contraction retail sales have been growing at an inflation adjusted average of 3.6 percent annually since 2010, a rate that exceeds average growth from the years leading up to recession by 120 basis points.
Aprovechamiento de las TIC para mejorar los servicios y promover la creación de redes y el intercambio de conocimientos entre bibliotecas parlamentarias de América Latina.
Report from the focused learning discussion on economic valuation at the 4th GEF Biennial International Waters Conference.
Hamid Ghaffarzadeh
Project Director
Caspian Environment Programme
John Barrymore Feb. 24, 2015
BA 3103 –XXX
T&R, 11:00 AM – 12:20 PM
Big Tobacco and the Advent of E-Cigarettes
Background
The U.S. tobacco industry is among the most heavily regulated and heavily taxed industries in the United States (The Economist, 2014). Medical evidence of the adverse effects of smoking continues to grow, and the share of American adults who smoke has declined markedly during the past fifty years, from 42% in 1965 to less than 18% in 2013 (CDC, 2013). But in spite of ever-increasing regulation and public wariness of the U.S. tobacco industry, tobacco companies continue to thrive. This oligopoly industry, dominated by big tobacco companies Altria, Reynolds American, and Lorillard, serves a shrinking but remarkably loyal customer base. Critics are quick to point out that, despite extensive regulation of the marketing practices in the industry, tobacco products remain highly lucrative, with sales of over $66 billion in 2014 (Hargreaves, 2014).
This beleaguered but very profitable industry must now deal with another, potentially very disruptive innovation in the form of e-cigarettes. This new product category, the modern version of which dates from 2007, generated U.S. sales of $2.5 billion in 2014 (Richtel, 2014). Although the e-cigarette sector is still relatively small, it clearly has the potential to disrupt tobacco sales in the coming years. E-cig use is generally perceived to be less unhealthful than cigarette smoking, and the e-cig habit is substantially less costly than consuming tobacco cigarettes (Richtel, 2014). Moreover, e-cigarettes are far less regulated than tobacco products, without many of the marketing constraints.
The early success of e-cigarettes has not gone unnoticed by the big tobacco companies. Lorillard was the first to enter this sector with the acquisition in 2012 of the Blu eCig brand (Esterl, 2012). Since then, Altria and Reynolds American have indicated their intention to introduce e-cig product lines (Richtel, 2014).
Problem Statement
Tobacco companies must address the advent of e-cigarettes in order to defend their tobacco business and to identify business opportunities in the growing e-cigarette product sector.
Alternative
Solution
s
In order to limit the impact of e-cigarettes on the sales of tobacco cigarettes, tobacco companies can lobby for additional regulation of this new product category. Increased regulation will help to “level the playing field” and reduce the advantages enjoyed by e-cigs as a consequence of their largely unrestricted marketing. Among the areas for increased regulation of e-cigarettes, the tobacco companies can lobby federal, state, and local governments to ban television and radio broadcasting of e-cig advertising, prohibit online sales of this product category, and proscribe e-cig use in public places. These changes will reduce some of the advantages of e-cigs over tobacco products, thereby presumably slowing the market acceptance.
Aprovechamiento de las TIC para mejorar los servicios y promover la creación de redes y el intercambio de conocimientos entre bibliotecas parlamentarias de América Latina.
Report from the focused learning discussion on economic valuation at the 4th GEF Biennial International Waters Conference.
Hamid Ghaffarzadeh
Project Director
Caspian Environment Programme
John Barrymore Feb. 24, 2015
BA 3103 –XXX
T&R, 11:00 AM – 12:20 PM
Big Tobacco and the Advent of E-Cigarettes
Background
The U.S. tobacco industry is among the most heavily regulated and heavily taxed industries in the United States (The Economist, 2014). Medical evidence of the adverse effects of smoking continues to grow, and the share of American adults who smoke has declined markedly during the past fifty years, from 42% in 1965 to less than 18% in 2013 (CDC, 2013). But in spite of ever-increasing regulation and public wariness of the U.S. tobacco industry, tobacco companies continue to thrive. This oligopoly industry, dominated by big tobacco companies Altria, Reynolds American, and Lorillard, serves a shrinking but remarkably loyal customer base. Critics are quick to point out that, despite extensive regulation of the marketing practices in the industry, tobacco products remain highly lucrative, with sales of over $66 billion in 2014 (Hargreaves, 2014).
This beleaguered but very profitable industry must now deal with another, potentially very disruptive innovation in the form of e-cigarettes. This new product category, the modern version of which dates from 2007, generated U.S. sales of $2.5 billion in 2014 (Richtel, 2014). Although the e-cigarette sector is still relatively small, it clearly has the potential to disrupt tobacco sales in the coming years. E-cig use is generally perceived to be less unhealthful than cigarette smoking, and the e-cig habit is substantially less costly than consuming tobacco cigarettes (Richtel, 2014). Moreover, e-cigarettes are far less regulated than tobacco products, without many of the marketing constraints.
The early success of e-cigarettes has not gone unnoticed by the big tobacco companies. Lorillard was the first to enter this sector with the acquisition in 2012 of the Blu eCig brand (Esterl, 2012). Since then, Altria and Reynolds American have indicated their intention to introduce e-cig product lines (Richtel, 2014).
Problem Statement
Tobacco companies must address the advent of e-cigarettes in order to defend their tobacco business and to identify business opportunities in the growing e-cigarette product sector.
Alternative
Solution
s
In order to limit the impact of e-cigarettes on the sales of tobacco cigarettes, tobacco companies can lobby for additional regulation of this new product category. Increased regulation will help to “level the playing field” and reduce the advantages enjoyed by e-cigs as a consequence of their largely unrestricted marketing. Among the areas for increased regulation of e-cigarettes, the tobacco companies can lobby federal, state, and local governments to ban television and radio broadcasting of e-cig advertising, prohibit online sales of this product category, and proscribe e-cig use in public places. These changes will reduce some of the advantages of e-cigs over tobacco products, thereby presumably slowing the market acceptance.
Most retailers are THINKING they should win. Many are actually PLANNING to win. However, when you look in the stores, few are really PLAYING to win in retailer foodservice.
The CSD/Balvor Foodservice Survey found that top-quartile convenience store operators place a greater emphasis on creating value and executing a winning program.
The results from the Balvor/NACS Motor
Fuels Retailer Survey, released exclusively
for the first time here in NACS Magazine,
provide deeper insights into the motor
fuels landscape and how motor fuels retailers
are relentlessly changing.
Company Valuation webinar series - Tuesday, 4 June 2024FelixPerez547899
This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A
Implicitly or explicitly all competing businesses employ a strategy to select a mix
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involves recognizing relationships between elements of the marketing mix (e.g.,
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Understanding User Needs and Satisfying ThemAggregage
https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
In this webinar, we won't focus on the research methods for discovering user-needs. We will focus on synthesis of the needs we discover, communication and alignment tools, and how we operationalize addressing those needs.
Industry expert Scott Sehlhorst will:
• Introduce a taxonomy for user goals with real world examples
• Present the Onion Diagram, a tool for contextualizing task-level goals
• Illustrate how customer journey maps capture activity-level and task-level goals
• Demonstrate the best approach to selection and prioritization of user-goals to address
• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...jamalseoexpert1978
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How to Implement a Real Estate CRM SoftwareSalesTown
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Navigating the world of forex trading can be challenging, especially for beginners. To help you make an informed decision, we have comprehensively compared the best forex brokers in India for 2024. This article, reviewed by Top Forex Brokers Review, will cover featured award winners, the best forex brokers, featured offers, the best copy trading platforms, the best forex brokers for beginners, the best MetaTrader brokers, and recently updated reviews. We will focus on FP Markets, Black Bull, EightCap, IC Markets, and Octa.
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What have we learned lessons learned from balvor-cs news 2010 tobacco retailing survey
1. Convenience Store News faTobacco Roundtable
what Have We Learned?lessons learned from the Balvor/CSNews 2010 Tobacco Retailing Survey
40 CONVENIENCE STORE NEWS APRIL 12,2010
By David Bishop. Balvor LLC
dramatic if you realize that
the average is 25 percent
lower than just two years ago
when it was approximately
19 days.
The point is that lower in-
ventory levels are good if the
benefits (e.g., less product
shrink, lower working capital
requirements) are greater than
the costs (e.g., lost sales, un-
happy customers).
2010 Unit Volume Forecast
(Annual Average Growth Rate vs. Previous Year)
SOurce: 8aIvorlCOnvenience Store Ne'Ns Tobacco Retaillng~, February 2010
• Increased
• Decreased
hese are truly interesting times for conven-
ience retailers. Not only are convenience re-
tailers feeling the economic downturn like
everyone else, but they're challenged with
decreasing fuel margins that for some are
below what they need to run the business profitability,
and increasing uncertainty about what tomorrow will
bring for tobacco retailing.
From the perspective of the last point, the
BalvorlCSNews 2010 Tobacco Retailing Survey is in-
tended to help inform retailers about changing retail
practices and perspectives about the business. The fol-
lowing Ie ons learned are based on digging further
into survey findings and reinforce very fundamental
principles that retailers need to remember.
LESSON #1
You can't sell what you
don't have.
While having a good price is
important, we've heard over
the year about the cost related
to out of stocks, both in terms
of lost sales and customer de-
fections. Unfortunately, as in-
ventory costs increase, more
and more retailers are poten-
tially exposing their stores to
higher out-of-stock rates. In
fact, the survey highlighted
that nearly one-third of the
retailers perceive that they
ha ve h ig h ervwo rse out of
stocks in cigarettes today than
a year ago.
Why is that happening? Ac-
cording to the survey, retailers
are now averaging around 14
days-of-supply for cigarettes
with many indicating they're LESSON #2
even lower. This finding is There's more than one
Shelf Space
Allocations Trends
(Percent of Companies Responding)
Cigarettes Other Tobacco Products
Note: Percentages don't equal 100% as difference relates to those responding that space "remained the same" in 2010
SOurce: BaMJr!Convenience Store NeWsTobaCCO Retailing survey, FebruaIy 2010
Shelf Space Allocations Trends OTP*
(Percent of Companies Responding)
• Increased
• Decreased
Smokeless Cigars Papers Pipe/Cigarette Tobacco All OTP
Note: PercentageS don't equal 100% asdifference relates to those responding that space "retnafned the same" in 2010
•Ranking in C1escendingorder based on Shareof dollar shares
Source: Ba/vor/COn.e1ienceStore NevIS TObaCco RetafllngSUf'E'y, February 2010
WWW.CSNEWS.
2. way to skin a cat.
This proverb teaches us that
a problem typically has more
than one potential solution.
In tobacco's case, the prob-
lem is the increasing costs
associated with carrying to-
bacco inventory and the sim-
ple solution is inventory
reduction, which we learned
under lesson No.1, can cre-
ate other problems if done
incorrectly.
What are some other, more
effective solutions? Digging
into the survey results re-
vealed that retailers who fo-
cused mainly on reducing
SKU counts were the least
likely to report that out of
stocks are worse"than last
year. On the other hand,
those who focused primarily
on lowering product supply
across the board were 29 per-
cent more likely to indicate
that out-of-stocks are higher
today vs. last year.
The point is that an effec-
tive approach to lowering in-
ventory should always
ensure that a stable supply is
available in the store. There-
fore, be careful about how
the stra tegy is executed
with top-selling SKUs,
while also using the op-
portunity to identify low-
value SKUs.
L1:SS0N #3
Inventory reduction
opens up other
possibilities.
Retailers understand they
need to find space in order
to add a new SKU. Con-
versely, when a retailer re-
moves an existing SKU
Convenience Store News fitTobacco Roundtable
The Balvor/Convenience Store News 2010 Tobacco Retailing survey found
convenience store retailers are currently averaging around 14 days of supply
for cigarettes, with many indicating they're even lower.
Percentage Change in Inventory
Levels - by Tobacco Segment
(Average Percent Change vs. Last Year)
-1.7% .{).8%
Smokeless Pipe/Cig All OTP papers Smokeless Cigars
Tobacco
source. aafvorlCOnvenience Store NeWSTObacco Retailing Survey, February 2010
In-Store Cigarette Inventory On-Hand
(Percent Responding)
14 to 16 Days
20 to 22 Days
17 to 19 Days
wtd average based
on store count 14.1 days
< 14 Days
SOurce: Ba/vor/COOvenience Store Neo.vs TobaCco Retailing su~, FebtueIY 2010
42 CONVENIENCE STORE NEWS APRIL 12. 2010
he/she needs to determine
what to do with the free
space. For instance, more
than 70 percent of retailer
are rationalizing cigarette
SKUs to some degree, but it
doesn't mean that their carry-
ing few SKUs.
What should you do? In
some cases retailers are shift-
ing some free space to im-
prove the in-stock position of
top-selling cigarette SKUs. In
other cases, many retailer
are expanding the assortment
in segments like subgenerid-
private label and fourth tier
to ensure stores are competi-
tively positioned for the ex-
tremely price-sensitive shopper..
The point is that inventory
reduction can help you broad-
en assortment where it make
sense while culling it back
where it doesn't. And, at the
same time, it can help you
strengthen the everyday avail-
ability of the core SKUs that
make up the base business.
Ultimately the process of
reducing inventory on-han
creates both opportunitie
and challenges that retailer
need to be aware of in order
to build their tobacco
business for tomorrow
and beyond regardless of
the economic or political
environment.
David Bishop spe-
cializes in conven-
ience retail and is
t the managing part-
ner at Baluoi: LLC, a sales
and marketing firm locat-
ed in Barrington, Ill., and
can be reached at david
bishop@balvor.com. -
WWW.CSNEWS.CO