If the election were held today, polling shows Donald Trump would be favored to win over incumbent President Joe Biden.
In the battle for Congress, Republicans are favored to win the Senate, while the House is a toss-up.
Twenty years ago, there was a notable front-end checkout study called 'Front End Focus' published by M&M/Mars, Time Distribution Services, and Dechert-Hampe & Co.
The Front End Focus study concluded supermarket front-end productivity saw $4.3 billion in checkout lane sales at supermarkets nationwide, generating 1.1% in store sales, and 1.5% in store profits.
At the time, top-selling checkout categories were confection, magazines, beverages, and general merchandise.
Present day 2023, self-checkout development is all the rage in retail, but missing in many stores is actual merchandise to sell at the end of the shopping experience, which is increasingly self-checkout lanes, and these lanes can represent up to 55% of more of daily transactions in a busy retail store.
That's billions in lost sales.
Working on building a snack/candy business model for retail, so back into the stores for several weeks of market research.
First the numbers.
The U.S. confectionery (candy, gum, chocolate, mints) industry generates $37 billion in annual retail sales, while the U.S. snack market is driving $150 million in sales.
Visit most retailers, and will see the top brands dominate placement at checkout and in center store.
This is a high-impulse turn product in a volume-driven industry.
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