Top 10 2017 Industry Disruptors

Events or actions that had a significant impact on the retail food business this past year, as published by SupermarketNews:

  1. Amazon’s purchase of Whole Foods Market
  2. German discounter Lidl entering the U.S. market
  3. The granularity of data and the speed with which it can be converted into insights and action
  4. The new position of Chief Digital Officer, reflecting the desire to find new ways to enhance the customer experience in the modern shopping environment
  5. The proposed mega-merger between CVS and health insurance provider Aetna
  6. Private label growth — a marked boom in store brands
  7. Plant-based alternatives to dairy: 58% of adults now drink non-dairy milk
  8. The hyperactive hurricane season disrupted retail operation in the gulf-and-south regions, and also demonstrated how adept food retailers have become at responding to natural disasters
  9. Blockchain technology, which is designed to provide real-time, public information on food products as they travel through the supply chain from producer to store