Consumers Want Transparency: Are You Ready to Respond?
March 23, 2016 Leave a comment
Retailers will discuss transparency-related challenges and opportunities at the 2016 Innovation & Collaboration Summit.
Today’s consumers want more information about the products they buy than ever before — they want the lowdown on all ingredients or raw materials and also want to know where they were sourced. And they want more visibility into the supply chain in terms of manufacturing practices, social and environmental responsibility, and more.
Retailers, therefore, are under pressure to increase transparency in relation to their store brand products. In a panel discussion during Store Brands’ 2016 Innovation & Collaboration Summit — “The Push for Transparency: a Challenge and an Opportunity” — executives from Albertsons LLC, Supervalu Inc. and other leading retailers will talk about the unique transparency challenges within the store brand arena. They also will examine how some of those challenges could be addressed, with the help of private brand suppliers and service providers, to the benefit of both shoppers and retailers’ own-brand programs.
Store Brands‘ Innovation & Collaboration Summit will be held Aug. 15-17 at the Hyatt Grand Cypress hotel in Orlando, Fla. The event will feature an innovation-focused education program that will help retailers, suppliers and service providers take today’s store brand programs to the next level. In addition, the summit will provide opportunities for private meetings between retailers and private label suppliers/service providers — and plenty of networking time for everyone.
Created with the guidance of Store Brands‘ Advisory Board, the event is the only conference of its kind in the United States. Attendees will learn how to identify untapped or underused under-tapped private brand opportunities, achieve greater profitability and faster time to market, and forge mutually beneficial collaborative partnerships.
Sessions will cover topics ranging from sustainability and transparency to European success stories, regulatory challenges and omnichannel opportunities. For more information and to register for the summit, visit www.storebrands.info/summit2016.
SOURCE: Store Brands