Living a healthier lifestyle has become a theme for most consumers. January 2024, McKinsey and Company reported that 82% of consumers now consider wellness a top or important priority in their lives. The global wellness market was forecasted to hit $1.8T this past year. The US wellness market was valued at $480B in 2024, growing […]
Read More ›The grocery sector has evolved, and will continue to evolve. I grew up in a small town: Streetsville, Ontario, 1 hour west of Toronto. When my parents went grocery shopping, they had 2 options, Dominion, and a franchisee owned IGA. Those two banners have subsequently been purchased by Metro and Sobeys respectively. Today, I have […]
Read More ›The pandemic has brought turbulent times to the global grocery industry. Not one country has been exempt from the food inflationary wars. This is despite what was reported by the Canadian media and MPs who have made it sound as if food inflation has been a “Made in Canada” problem only. The average $100 basket […]
Read More ›The Canadian grocery sector is a tough market to conduct business. With consumers concerned over their weekly trips to the grocery store, brands must be on the customers’ shopping list, be competitively priced, offer sustainable product ingredients / product packaging, and the benefits consumers seek. Take toothpaste as an example, a common household product. The […]
Read More ›Canada’s grocery sector has been in a state of flux since the beginning of the pandemic, and the inflationary wars that have emerged. During this period the media have referenced the term “Greed Flation” without acknowledging that since 2015, though the cost of food has increased 32.3%, the price per litre of gasoline has increased […]
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