Entering a grocery store in a pandemic with such a contagious disease as COVID-19 means coming into contact with other people. Even payment methods such as swiping a card or passing cash to someone are perceived as potential risks.
In order to maintain competitiveness in a market with rapid development of digital delivery platforms, warehouse clubs understand the need to not only adopt different payment methods, but also bring flexibility to the customer service system. Cash and carry wholesalers are already known for their self-service attendance, but adaptation to local consumption culture is key to success.
In today’s retail environment, the proliferation of cloud computing is enabling big data and artificial intelligence (AI) to give retailers the opportunity and power to make the assortment management and optimisation process even more timely, precisely aligned to customer needs and behaviour and, ultimately, more profitable. These sophisticated solutions provide a deeper understanding of the what, why, and how behind consumers’ purchasing decisions.
E-commerce warehousing is the storage of physical goods before they are sold online. Warehousing includes safely and securely storing products, as well as tracking where items are located, when they arrived, how long they have been in stock, and the quantity on hand at any given time.
One of the more pressing and material issues facing the world is climate change. Environmental, social and governance (ESG) issues are increasingly becoming incorporated across all aspects of organisations, including business strategies, operations and product/service offerings.
Dynamic pricing refers to charging different prices for a product or service, depending on who is buying it or when it sells. Dynamic pricing is sometimes called demand pricing, surge pricing, or time-based pricing; it is a reaction to changes in competition, supply, demand, and other market forces.
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Understand the latest market trends and future growth opportunities for the Warehouse Clubs industry in Brazil with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Warehouse clubs are chained outlets that sell a wide variety of merchandise, typically situated in out-of-town locations, with a selling space of over 2,500 sq metres (and invariably over 4,000 sq metres in total size). Customers have to pay an annual membership fee in order to shop. The clubs are able to keep prices low due to the no-frills format of the stores and large volume SKUs. Example brands include Costco, Sam’s Club (Walmart), and Atacadão. Excludes sales attributable to membership fees and business-to-business sales. Also excludes cash & carry and warehouse outlets (which are typically oriented towards businesses, rather than consumers). Note: Local variants, such as atacarejos in Brazil, are included in this channel.See All of Our Definitions
This report originates from Passport, our Warehouse Clubs research and analysis database.
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