Location
Perth Western Australia
Event Website
https://whova.com/web/yqNT7RNE-Dz1bfE%40aXK9vpVctge%4086WAHBxjCjc-KcE%3D/
Start Date
30-5-2024 9:00 AM
End Date
30-5-2024 9:30 AM
Disciplines
Agribusiness
Description
Grocery retailing is facing unprecedented challenges driven by a convergence of factors throughout the value chain. The pandemic spurred innovation and permanently altered consumer behaviours, now dealing with rising inflation and tightening discretionary spending. This presents both challenges and opportunities for retailers, producers and supply chain stakeholders.
Sustainability remains a priority for consumers and retailers, but both are hesitant to bear the associated costs. Effectively communicating sustainability efforts and leveraging retailer networks are crucial to build scale and extend reach to consumers, along with developing economically viable solutions.
Additionally, it's vital to recognize the necessary skills for engaging with retailers effectively, particularly from a sustainability perspective. This includes understanding how to navigate sustainability discussions within retail partnerships and aligning sustainability goals with broader business objectives.
Tristan Kitchener, an ex-retailer and an expert in grocery retailing and consumer trends, offers insights into the future trajectory and growth prospects for retailers and producers. As businesses strive to address consumer pain-points and adapt to evolving retailers standards, those that proactively embrace sustainability initiatives will likely emerge as frontrunners in driving growth.
Included in
The Changing Retail & Consumer Landscape
Perth Western Australia
Grocery retailing is facing unprecedented challenges driven by a convergence of factors throughout the value chain. The pandemic spurred innovation and permanently altered consumer behaviours, now dealing with rising inflation and tightening discretionary spending. This presents both challenges and opportunities for retailers, producers and supply chain stakeholders.
Sustainability remains a priority for consumers and retailers, but both are hesitant to bear the associated costs. Effectively communicating sustainability efforts and leveraging retailer networks are crucial to build scale and extend reach to consumers, along with developing economically viable solutions.
Additionally, it's vital to recognize the necessary skills for engaging with retailers effectively, particularly from a sustainability perspective. This includes understanding how to navigate sustainability discussions within retail partnerships and aligning sustainability goals with broader business objectives.
Tristan Kitchener, an ex-retailer and an expert in grocery retailing and consumer trends, offers insights into the future trajectory and growth prospects for retailers and producers. As businesses strive to address consumer pain-points and adapt to evolving retailers standards, those that proactively embrace sustainability initiatives will likely emerge as frontrunners in driving growth.
https://library.dpird.wa.gov.au/ttd_conf/2024/Presentations/1
