TORONTO - Attendees of the recent Organic Produce Summit may remember an insightful keynote session with Flashfood Chief Executive Officer Nicholas Bertram, in which the industry leader shared how the company is tackling a critical food waste and food insecurity problem across North America. As of this week, the affordable grocery marketplace has broadened its reach, announcing the launch of a new offering designed specifically for independently owned grocers.
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"There are more than 27,000 independently owned grocery stores in North America that play a vital role in nourishing and sustaining their communities. But the already harsh and competitive retail climate right now is particularly difficult for independent grocers, who face unique challenges as small businesses," said Bertram. "Our goal with this launch is to offer a supporting lifeline to these businesses, many of whom solve food access challenges issues in hyper-urban or rural areas. Our hope is to empower these grocers with a solution that brings more shoppers in-store and puts money back in their bottom line.”
Building on the value-add of the Flashfood platform already available at more than 2,200 enterprise stores across North America, Flashfood for Independents offers the same value but with flexible and customizable elements that fit the needs of independent grocers who may have unique store footprints, smaller teams, or ever-changing inventory. As a press release noted, the platform seamlessly integrates with the operations of independent grocers, enhancing their ability to respond quickly to market demands and operational needs.
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Grocers who utilize Flashfood’s solution report seeing an average 27 percent shrink reduction, one or more additional store trips per month, and $20 in incremental sales per month. The initiative aims to support local retailers by providing them with a flexible and efficient solution to attract new customers, boost profits, reduce food waste, and provide access to affordable fresh food in their communities.
The new platform is already live in more than 10 independent stores across North America, with plans to add over 100 more independent grocers by the end of the year.
As the grocery innovator continues to expand, ANUK will be here with the latest updates.