TNG RETAIL SERVICES BLOG

PRODUCT TRENDS REQUIRE ANOTHER PIVOT AT RETAIL

Posted by Megan Reinertson on July 19, 2021

Covid-19 turned the world on its head.  We're defining new norms and what once made sense, is up for individual assumption and acceptance. Especially throughout the United States.  The Real Estate market had an astronomical increase rate over the last two years with no signs of correction, pet shelters' inventory is at an all-time low (YAY!) and auto-lots are practically begging people to trade-in their vehicles; almost making non-classic cars an appreciating asset.  Analysts are on a non-stop statistical hunt with our consumption and spending. 

What about shopping trends within retail? 

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Topics: Remodel, Merchandising, Retail, trends, Distribution, cpg, product movement, boost product sales, product cut-in, resets, front-end management, retail re-alignment, in stock at the front end, stay in stock, Data Collection, #storelevelexecution, #restockingstores, Retail Stores, Restocking at Retail, COVID-19, Coronavirus, #cpgcompanies, Grocery, TNG Retail Services, Team Members, store resets, covid grocery category increases, grocery retailers, in-store execution, grocery industry change, grocery retail renovations, Makeup, makeup aisle, beauty aisle, increase sales, merchandise organization, Behind the scenes

Looking & feeling your best is back: retail opportunity sparked.

Posted by Megan Reinertson on June 7, 2021

The masks are coming off and America is opening up.  The newest CDC regulations have sparked a new wave of interactions, and people are beginning to step back into the social light.  And, they're bringing pre-Covid practices with them.

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Topics: Merchandising, product movement, boost product sales, front-end management, retail re-alignment, in stock at the front end, planograms, people powered, Audits, Retail Stores, Coronavirus, TNG Retail Services, Health, Resources, store resets, private brands, grocery retailers, in-store execution, Cosmetics, Beauty, Makeup, looking good, makeup aisle, beauty aisle, increase sales

Shoppers are returning to retail. We're ready for them.

Posted by Megan Reinertson on May 5, 2021

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A rise in in-store retail shopping is underway. With the Covid-19 vaccinations becoming more readily available and easier to access/administer, people are feeling more comfortable with 'normal activities,' including grocery shopping.  A recent study by Inmar Intelligence found that 27% of consumers are headed back to the stores, while 38% will continue an online and in-store combo. 

But, what does this mean for Grocers and CPG companies? 

There may not be a mad rush of consumers bombarding stores, but retailers need to strategize. Grocery will once again be competing for that 'share of stomach'. The time of 'last minute' items, or the 'in-a-pinch visit' is not quite back to regular and shoppers' are still taking a stock-up approach.  Therefore, retail facilities must accommodate an increase of shoppers looking to bulk-up on ALL items.

               “Retailers must prepare for this longer-term shift, not only in terms of stock, but also                                         providing today’s hybrid shoppers with a seamless omnichannel experience across a                                       variety of touchpoints. No matter the age, shoppers expect to receive personalization,                                     convenience, and cost savings during each of their grocery trips.”

                                                           - Spencer Baird, Inmar Intelligence Executive Vice President

Wait: It's not only groceries consumers are purchasing in stores.

Another poll taken by Inmar Intelligence found the same consumers returning to stores either full-time or part-time will also increase their restaurant and dine-out visits. 38%, in fact. Of those, 51% are between the ages of 26-35.  Why the feeling of social situation comfort?  More people fully vaccinated and offices re-opening their doors. 

With people becoming more social and involved in social atmospheres, cosmetic sales have seen an upturn.  Considering the beauty industry saw a 30% closure due to the global pandemic, this direction is beyond welcomed.  - McKinsey & Company

Before the global pandemic, 85% of people used to buy various beauty products in the stores.  After the first round of closures and Covid-19 practices were enforced, cosmetic sales dipped drastically.  And, as 2020 continued, they fell further.  Makeup and various beauty products were purchased less and 17% of women stopped wearing makeup completely on account of the coronavirus. Why?  39% of women said they stopped wearing makeup because of the mask-wearing policies, remote working (31%), and social distancing (11%)

Now that the world is opening back up, individuals who purchased and wore cosmetics previously are returning to the beauty world.  And, those same individuals who purchased their products in retail and grocery stores are coming back to the beauty aisle. And, they are bringing their bulk-mentality with them.  

Cosmetic pic

Ask yourself- how have you prepared?  What is your game plan?  How do I focus on a category that was perhaps disregarded?  That's where TNG Retail Services can help.

Even during 2020, a major grocery retailer asked us to complete 300 stores. This year we were awarded 1300+.  Why?  Because our team understands the complexity of cosmetic resets. Each section has multiple vendors with unique displays, graphics, and fixtures. Each location needs to be strategically planned and executed. And, that does not even take into account products and manufactured displays arriving separately. Or, controlling the fixtures logistics. All those moving pieces are a big burden for grocery stores. Not too worry.  We're prepped for that.

Covid-19 creates unpredictable shopper-experiences. It is an opportunity for retail. For all of your major moves, promotional plans, and reactivation of categories, TNG Retail Services activates your vision in store. 

If you're curious about learning more, contact us. 

I want to learn more

 

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Topics: Merchandising, Retail, Distribution, logistics, mapping, cpg, product movement, product cut-in, resets, front-end management, retail sales data, causal data collection, in stock at the front end, stay in stock, in stock at retail, CPG companies, build your brand at retail, set up displays quicker, gig economy, planograms, people powered, Data Collection, Analytics, modules, #storelevelexecution, #restockingstores, #peoplepowered, Retail Stores, Restocking at Retail, Retail Execution, COVID-19, Coronavirus, jobs, #instoremarketing, #cpgcompanies, TNG Retail Services, Team Members, store resets, private brands, consumer shopping rotation, covid grocery category increases, grocery retailers, shopper marketing, grocery industry change, #possible, Cosmetics, Beauty, Makeup

Optic Intelligence: A visionary system

Posted by Megan Reinertson on September 3, 2020

Optic Intel

We all experience management on many different levels. Many agree good management begins with communication. What we do not always realize is communication is a very broad term which stretches far beyond person to person. Especially in a technologically advanced world, communication is available on so many different platforms. At TNG Retail Services, we combine technology and communication every day to make our services and our clients’ management capabilities the best.

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Topics: Remodel, Merchandising, Retail, logistics, impulse, product movement, boost product sales, product cut-in, resets, front-end management, data validation, causal data collection, checkout management, stay in stock, in stock at retail, CPG companies, build your brand at retail, set up displays quicker, POG, planograms, Data Collection, Audits, compliance, Analytics

California throws a wrench in the gig economy platform

Posted by Megan Reinertson on October 17, 2019

As a Retailer- how do you fit in?

Technology in business grew rapidly with the introduction of the World Wide Web.  It is now an everyday necessity. As technology advances, so does the workforce. It affords companies the use of the most up-to-date software and programming and creates new trends in communication. These advancements constantly create the next-steps in technological-assisted automation either making tasks ‘easier’ or removing the need for human interaction of said tasks all together.

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Topics: Retail, employees, tng, front-end management, in stock at retail, build your brand at retail, gig economy

Power Up Your Front End with Merchandising

Posted by John Perner on April 11, 2019

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Topics: Merchandising, Retail, cpg, product movement, boost product sales, front-end management, in stock at the front end, checkout management, stay in stock, in stock at retail

Retail that gets it right

Posted by Anita Baldwinson on September 18, 2018
Being part mind-reader, part strategist, helps

So much is in the news about how retail is stumbling, sinking, closing and shuttering. It is true. There are many dying retailers. As times change and customer demands evolve, retailers must keep up or stay ahead. Actually, the successful retailers are the ones that anticipate what their customers want before the customers know themselves – part mind reader, part strategist all wrapped in the most enticing of packaging.

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Topics: Merchandising, general merchandise, millennials, trends, Distribution, DSD, delivery, logistics, product movement, product cut-in, resets, front-end management, retail re-alignment

Conversations at the GMDC Conference - Collaboration is key

Posted by Jim Deighan on July 16, 2018

In June, TNG attended the GMDC Conference. Here’s what we learned…

TNG-GMDC-2018-session

It was no surprise to us or anyone that traditional retail is certainly challenged. Retailers that have not responded to this ‘new world’ have definitely felt the sting, if not utter decimation (think Toys R Us). Manufacturers are also under pressure as consumer tastes have and are changing at a rapid pace. The move to health, wellness, minimal ingredient, natural and less processed foods have left some reeling. The center store is under attack; the front-end is under attack! There are stressors everywhere.

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Topics: Merchandising, Retail, Distribution, DSD, delivery, logistics, clipstrips, impulse, front-end management, retail re-alignment

Thinking About A Check-Out Redesign?

Posted by Anita Baldwinson on June 4, 2018

FEM install

You’re wanting a new front-end look and are designing your checkout. When does it make sense to bring in a supplier to help?

Recently, a large retailer, based upon what they were hearing in the marketplace and on the advice of some interested parties, decided to change up their front-end checkout units. The result was an aesthetic look that didn’t quite turn out like they had hoped in terms of ensuring the space was productive.

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Topics: boost product sales, resets, front-end management, retail re-alignment

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