Alvarez & Marsal Consumer and Retail Group

In August 2024, we surveyed over 2,100 U.S. consumers to gauge their optimism levels, shopping intentions, desired purchases, and preferred shopping channels. Our findings indicate a cautious consumer mindset, consistent with what we observed in spring. Many consumers express mixed feelings about the current U.S. economic conditions, leading to increased apprehension about spending. As a result, individuals are prioritizing saving and cutting back on non-essential purchases. This trend of cautious spending is expected to persist throughout the holiday season, with shoppers adopting a more measured approach to their buying decisions. To learn more about the latest consumer sentiment and what brands and retailers should expect from consumers going in to the holiday season, read the full report at: https://lnkd.in/ef9UCdMW #AMCRG #ConsumerInsights #Holidays #retail

The next installment of CRG's Consumer Sentiment Survey is right around the corner! ?Our Spring 2024 survey indicated significant pullbacks in terms of consumer confidence and future spending plans. As we gear up for the holiday season, can brands and retailers expect a shift in sentiment? Refresh your memory with the previous installment of our survey and be sure to check out the upcoming Fall 2024 Consumer Sentiment Survey to see how trends have changed. https://lnkd.in/eCYQgmYM #AMCRG #consumerinsights #CRGTeam

Looking for a quick 5 minute lesson on how to grow your Private Label Brands? CRG's Marco Valentini recently sat down with Omni Talk Retail to discuss why Private Label Brands will be so important for grocery retailers in the coming years and how they can accelerate their Private Label Brand growth. Listen below for details! ? #grocery #insights #AMCRG https://lnkd.in/e9JDF7NN

As the FTC challenges Kroger’s $24.6 billion acquisition of Albertson’s, arguing that it would reduce competition between the two largest traditional grocery chains, a core question of the debate is how to define a “grocery store” in today’s market. ? In a “MULO + omnichannel” world – an industry term that describes consumers’ desire to shop at multiple outlets, methods or channels—Alvarez & Marsal Consumer and Retail Group's John Clear shares in Bloomberg ‘s recent article that “most grocery executives in the country are hyper-focused on what non-traditional segments are doing to take share from them” . ? For CRG’s take on the merger see our latest thought leadership piece here: https://lnkd.in/epmfcfn7 ? Bloomberg news: https://lnkd.in/eAeUcNTB ? ?#AMCRG #CRGTeam #Grocery

Over the last decade, there has been a significant shift in grocery market sales from national brands to private brands. By innovating and differentiating their private brands, grocers can regain share of wallet from customers who are making frequent trips to their store but are purchasing competitor's private brands in certain categories. ? How can grocers enhance value perception through an effective private brand strategy? Read Alvarez & Marsal Consumer and Retail Group's latest thought leadership piece to find out: https://lnkd.in/eH7zrSpj ? A special thanks to the author team: Marco Valentini, John Clear, Himansu Vepamakula, Logan Sabella and Scott Berger ? #AMCRG #CRGTeam #Grocery #PrivateBrand #ConsumerInsights

Last week, Brooks Levering and David Schneidman joined the Omni Talk Retail team to discuss the five of the latest retail headlines. Listen below as we discuss topics from Target's new CarPlay integration and DICK'S Sporting Goods' impressive sales to invisible barcodes' impact on shrinkage. https://lnkd.in/gVWjNHxM #AMCRG #CRGTeam #OmniTalk #retailnews

Amid slow growth and intense competition in the grocery market, retailers need innovative strategies to maintain and expand their market share. Private brands are projected to continue impressive growth over the next 5 years, with an anticipated CAGR of +4.7% vs. +0.4% for all other sales. This?private brand growth provides grocers with a chance to stand out, capture market share, and increase profit. In an industry where every advantage counts, a robust private brand program is not just an option but a strategic imperative for thriving in today’s grocery market. Read our latest insights "Accelerate Your Private Brand Journey To Win With Customers And Shareholders" to learn more about how grocers can follow a structured approach to building a strong private brand program. For additional information, reach out to our authors and experts Marco Valentini and John Clear. #grocery #privatebrands #AMCRG #CRGTeam https://lnkd.in/eH7zrSpj

Amid slow growth and intense competition in the grocery market, retailers need innovative strategies to maintain and expand their market share. Private brands are projected to continue impressive growth over the next 5 years, with an anticipated CAGR of +4.7% vs. +0.4% for all other sales. This?private brand growth provides grocers with a chance to stand out, capture market share, and increase profit. In an industry where every advantage counts, a robust private brand program is not just an option but a strategic imperative for thriving in today’s grocery market. Read our latest insights "Accelerate Your Private Brand Journey To Win With Customers And Shareholders" to learn more about how grocers can follow a structured approach to building a strong private brand program. For additional information, reach out to our authors and experts Marco Valentini and John Clear. #grocery #privatebrands #AMCRG #CRGTeam https://lnkd.in/eH7zrSpj

Nearly two years after initial rumblings, the Kroger and Albertsons merger is looming near. With a combined revenue of ~$200 billion, this merger would make the grocers the second largest food retailer in the US, only behind Walmart. Read our latest perspective to learn more about what we should expect from a combined Kroger-Albertsons and how regional grocers should be preparing for these significant changes to the market: https://lnkd.in/epmfcfn7 Thank you to our authors: David Ritter, Jeremy Levine, Conor Gaffney, and Bruno Maines Breckenfeld #AMCRG #retailnews #grocery