Five trends to improve Grocery Retailers
Retail grocery listings are still reeling from Amazon’s (NASDAQ: AMZN) plans to take over Whole Foods (NASDAQ: WFM), but let’s face it, with grocers already running paper-thin profit margins, it is the recently announced U.S. expansion plans for German hyper-efficient supermarkets Aldi and Lidl that had the grocery retailers already on edge. After all, online shopping isn’t new, with WalMart’s (NYSE: WMT) Jet, Kroger’s (NYSE: KR) HomeShop, and Costco’s (NASDAQ: COST) Shipt being just some of the current home grocery delivery options. Unlike most industries, where online shopping is the norm, grocery shopping has been slow to change. Thus, despite…
