Grocery Stores That Are Emerging as Market Research and Technology Labs Means Opportunity
In 1916, the first modern, self-service grocery store, Piggly Wiggly, was opened in Memphis by a Tennessee entrepreneur, Clarence Saunders. In the little over a century since, humanity has experienced a wave of technological innovation exponentially greater, many times over, than at any other time in human history. Of course, the grocery industry hasn’t remained untouched by that technology. We’ve seen innovations in food storage, shipping, online merchandising, self-checkout kiosks, and more. Despite that, the actual brick-and-mortar grocery experience has remained virtually unchanged. Grocery stores continue to order and stock popular products that customers select and pay for. That dynamic, however, may be changing, and that could mean big things for the industry, CPG marketing and brokerage agencies, and the customer. Emerging Technology Much of the recent innovation in retail grocery isn’t exactly predictable as much as it seems like an inevitable step once