QUESTION OF THE WEEK: How Does Poor In-Store Execution Impact the Profitability of Grocery Retailers?
Poor in-store execution can easily lead to issues such as infrequent stock replenishment and misplaced stock-keeping units which can have a negative impact on sales. 51% of grocery retailers surveyed said they lose 5–10% of sales to store operations issues, while over a third of respondents said they lose more than10% in sales annually due to poor in-store execution, according to an October 2019 survey by Coresight Research.