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Supplier diversity: retailers plan to fill gaps within the industry

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With the growing concerns about diversity and sustainability, many retailers plan to establish a network of diverse suppliers and vendors. For this purpose, Peapod Digital Labs has planned to organize four virtual events in 2022, allowing retailers to connect with diverse and certified businesses.  Working on similar grounds, Albertsons plans to further develop its supplier diversity plan and Sam’s Club plans to host a supplier diversity summit in April. Efficient Collaborative Retail Marketing (ECRM) is also hosting a virtual event in April 2022 and multiple retailers, including Albertsons, Aldi, Kroger, Target, and Sam’s Club, have registered to collaborate with brands that are verified and operated by minorities.

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Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. New Trends such as Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. ConsumerGeniuses.com is a content platform where we curate latest innovations and disruptions in the Top global trends in the Consumer Goods industry. ConsumerGeniuses is managed by IndustryGeniuses (A place where industries meet innovation). We are rolling out content platforms for the world’s hottest industries such as Food & Grocery Retail, Consumer Goods and Healthcare. Sign up to our weekly newsletter(s) and never miss out: https://signup.industrygeniuses.com/newsletter
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Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. Our weekly newsletter covers global innovations and disruptions in CG industry.

ConsumerGeniuses is managed by IndustryGeniuses (A place where industries meet innovation). We are rolling out content platforms for the world’s hottest industries such as Food & Grocery Retail, Consumer Goods and Healthcare. For each of these key industries, we support Tech Startups and Industry Disruptors as they roll out next generation digital initiatives.

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