CPG, distribution, retail execs share experiences, insights in FMI Midwinter panel
Major inventory disruptions and the simultaneous boom in online shopping brought by the COVID-19 pandemic will reshape the grocery supply chain going forward, consumer packaged goods (CPG), retail and distribution executives said in a panel discussion at the FMI Midwinter Executive Conference.
Session moderator Thom Blischok, chairman and CEO of CPG and retail advisory firm The Dialogic Group, said “the unparalleled impact of COVID-19” on food and beverage retailers and manufacturers now nearing 12 months caused an “interruption in the way we do business” and has “necessitated a fundamental restructuring of the retail and manufacturing environment as we see it today.”
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ResearchAndMarkets.com s offering.
As per the study, the Micro Fulfillment Market will reach the 10x mark by 2025 as compared to the current market size
Micro Fulfillment Centers (MFCs), a highly recommended popular e-commerce strategy, is an effective way to meet the rising volumes, the changing geographical nature of e-commerce demand, and the growing desire for same-day delivery.
As per the latest market research study, Micro Fulfillment Market is expected to have a cumulative opportunity worth ~$10B in next 6 years by 2026 with an installed base of ~2000 MFCs if the technology and concept remains permanent.
Year 2022 is going to be the cornerstone for Micro Fulfillment market touching a billion-dollar mark and setting the base for the future. It is expected that there will be one micro fulfillment center for every 10th of U.S. total 40000 grocery stores by 2030.
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The Stillwater Community Singers and friends serenaded Charles Fowler and the crew at Consumers in 2015. Music was their way of saying thanks to the IGA gang for many years of quality service and community support. Provided
Charlie Fowler is shown in his store, Consumer s IGA, in 2015, just a few months before it closed. Fowler s long-running Banana Tuesday special was a mainstay for his customers. Fowler died Wednesday at age 80 due to complications from COVID-19. Michelle Charles/Stillwater News Press
Charlie Fowler, the former owner of Consumers IGA, died Wednesday morning at age 80 from complications of COVID-19.
The word icon may be overused. But it certainly applies to Charlie Fowler, the man Stillwater residents have known for almost five decades as someone they could count on for a warm welcome as they shopped for their groceries. He was easy to recognize with his head of silver hair, the trademark tie he wore because he believed it wa