Items Tagged with "Sku Rationalization"
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Nielsen: Retailers Should Tread Cautiously When Cutting SKUsMore than half of U.S. consumers tell The Nielsen Company they are likely to shop elsewhere if they notice a reduced product selection, while nearly half of retailers indicate continued plans to decrease assortment. So far, most consumers haven’t observed assortment changes. Only 7 percent of Read More... |
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Walmart CFO: Stores Replace 400 Grocery Items Previously CutBackpedaling on a previous initiative to rationalize SKUs, Walmart is replacing between 300 and 400 grocery items it decided in February to cut, according to Thomas W. Schoewe, executive vice president and CFO. At a New York meeting with investors the CFO indicated additional SKUs outside of the gr Read More...Tags: wal-mart, business, walmart, grocery, mass, sku rationalization, industry, markets, companies, food and beverage, |
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Supervalu Dramatically Reduces SKUsTo lower its inventory costs and free up shelf space for its less expensive and higher-margin store brands, Supervalu reduced SKUs by 20 percent across 10 major food categories, according to a Wall Street Journal report. "The stuff we took out still positions us to be a leader in assortment and var Read More... |
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