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The 2021 Retailer Preference Index: Who's winning and why. David Ciancio, Global Head of Grocery discusses the 2021 U.S Retailer Preference Index (RPI): Grocery Edition with the lead author of the RPI, Erich Kahner. They unveil key insights and discuss who is winning and who is best positioned for the future.

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As we reach the final months of 2020, it's impossible not to reflect on what an unprecedented year it's been. As we continue to navigate the pandemic, so many facets of business have been dramatically impacted. Industries such as travel, hospitality, and restaurants have experienced dramatic declines and halting recoveries, while on the opposite end of the spectrum, home improvement, real estate, and digital businesses have boomed as the population seeks safety, having shifted office work and recreation to their homes.

The retail sector has experienced both of these extremes, with some seeing strong sales while others have been forced into bankruptcy and liquidation.

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dunnhumby's Consumer Pulse Survey

Memories of panic buying may be fading here in the UK but have resurfaced elsewhere1. The near constant threat of another wave of Covid-19 may yet prompt another round of hyper demand. Whilst there is little hard evidence to determine the underlying drivers of panic buying2, there are numerous theories that the retail industry may benefit from exploring.

Feroud Seeparsand, dunnhumby's Senior Consumer Psychologist, outlines some likely theories to explain the 'why' behind the 'panic buy' and some implications for retailers to prevent it reoccurring in future.

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Find out how COVID-19 has accelerated the shift to grocery ecommerce, and explore the successful strategies to follow.

2020 has seen an acceleration of grocery e-commerce with globally 29% of shoppers saying they are using pick up or delivery weekly for their grocery of eat at home consumption.

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