From leaky gaskets to overnight heat loss, small inefficiencies add up fast. As we continue our sustainability series on resource management, we focus this month on the benefits of energy efficiency and how effective energy use can positively impact the bottom line. Alongside labor, a grocery store’s electric bill is typically one of its highest […]
Tag: Peter Cooke
Posted inSustainability News, Guest Contributors, National, News
A Resource In The Wrong Place – The Economics Of Grocery Waste
Merchandise loss, also known as shrink or food waste, poses a persistent economic challenge for grocery stores. While the topic may not always provoke an emotional response, by the end of this article, you may find yourself reflecting on the true cost of waste. In fact, you might say you’ve WEPT – a helpful acronym […]
Posted inSustainability News, Guest Contributors, National, News
Reduce Turnover By Engaging Employees; Cut Costs With Better Resource Management
As shoppers, we know the feeling of a positive shopping experience when helped by an engaged associate. According to Gallup (2023), companies with highly engaged employees provide an enhanced customer experience, increased customer retention, improved shopper satisfaction, stronger word-of-mouth and reduced churn, resulting in 23 percent higher profits. Conversely, disengaged associates cost employers $8.8 trillion […]
Posted inGuest Contributors, National, News, Sustainability News
Effective Resource Management Strategies For Cutting Costs, Driving Profits
The most important business in every community is the local grocery store. It is the most visited. It is where the most money is spent, outside of housing and transportation. It supplies more than two-thirds of calories consumed. During the pandemic, the industry had record profit margins. From 2020-22, profit margins averaged 2.73 percent, reaching […]
Posted inGrocery News, Home Page Slider, Industry News, Nonfood Items, Online Grocery Technology, Store News, Sustainability News, West
Manomet Certifies 45 Northern California Whole Foods Market Stores
Plymouth, Massachusetts-based Manomet’s Grocery Stewardship Certification (GSC) program has certified 45 Whole Foods Market stores in Northern California. The GSC works with grocers to engage employees on operational sustainability strategies and to review store-level practices and equipment with an eye to increasing energy efficiency, boosting revenue and lowering costs. “Environmental stewardship is a core value […]