The state of grocery in Europe: Navigating the market headwinds

Grow beyond retail ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

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Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   New from McKinsey & Company The state of grocery in Europe: Navigating the market headwinds Over the past two years, grocery retailers responded by becoming more efficient, resilient, and innovative. They will be tested in 2022 by a number of new challenges, from increased inflation and the enduring rise of e-commerce to evolving consumer preferences. Download our new, 96-page report for insights and perspectives that will help grocery retailers navigate these market headwinds, or dive deeper with the insights below. Read more State of Grocery Europe 2022: Navigating the market headwinds Retailers must be prepared to take bold actions and keep investing in key areas such as online, new profit pools, analytics, sustainability, and people. 5 key themes Trends and tribulations: An interview with Matthias Wunderlin Migros Supermarkets' chief commercial officer weighs in on the Grocery retail market and changing consumer preferences. Meet consumers’ needs The next S-curve of growth: Online grocery to 2030 Traditional grocery retailers should now determine which value propositions to focus on, define a scalable operating model, and consider partnerships to complement their historic strengths. Take decisive action Meeting rising online demand: An interview with Ocado's Melanie Smith The CEO of Ocado Retail UK discusses the evolving competitive landscape and what's ahead for online. See what’s next Instant Grocery: Will it stay or will it go? Retailers must determine whether they want to capture market share in instant delivery and how to further differentiate their other e-commerce propositions. Prioritize convenience I want it now: An interview with Gorillas CEO Kağan Sümer Instant delivery has already made its presence felt. One of the disrupters shares his aspiration and what it will take to get there. Read the interview Grocers’ sustainability opportunity in transforming the food system This moment of truth requires leadership from CEOs and a transformational focus throughout organizations. Lead well Crisis or opportunity? How grocers can build stronger people models A focus on the employee experience, digitalization, and reskilling can make the grocery workforce an even more valuable source of competitive advantage—if retailers invest in getting it right. Overcome challenges Empowering your people: An interview with Cláudia Azevedo Sonae's CEO discusses why upskilling, reskilling, and a sense of purpose are critical to a high-performing workforce. Support workers Pushing granular decisions through analytics Advanced analytics has the potential to transform grocery operations, but many retailers struggle to harness these capabilities to improve performance. Two emerging use cases could point the way. Unlock value Analytics-fueled growth: An interview with Adam Manikowski Zabka's managing director discusses the role of analytics in expansion, operational efficiency, and speed. Look at customer behavior Growing beyond groceries: The ecosystem expansion Grocers are in a unique position to move beyond their core retail offerings. It can be challenging to build an ecosystem, but the rewards may be worth the effort. Grow beyond retail THE STATE OF GROCERY IN OTHER REGIONS Disruption and uncertainty: The state of grocery 2022—China In one of the most competitive markets in the world, grocery retailers will need new strategies and capabilities to sustain growth. Read the report The state of grocery retail in India The grocery market in India has evolved considerably in the past decade. Here’s what you need to know about the changing face of demand, dynamics and disruption in the sector, and the implications for retailers and consumer-packaged-goods players alike. Download the full report The state of grocery in North America As the industry looks beyond the pandemic, grocery retailers must determine which trends will endure. A focus on five areas will separate the winners from the rest of the pack. Understand the evolution To see more essential reading on topics that matter, visit McKinsey Themes. — Curated by Eleni Kostopoulos, a digital publishing manager based in New York Follow our thinking McKinsey Insights - Get our latest thinking on your iPhone, iPad, or Android Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. This email contains information about McKinsey’s research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy. You received this email because you subscribed to our Consumer & Retail alert list. 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