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On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

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Just 16% of shoppers now report sticking to a weekly shop schedule, down from 26% in 2020, according to Savanta’s Grocery Eye report. 

The report has found that the weekly shop – a staple of domestic life for decades – appears to be “coming to a close” as cash-strapped and time-poor customers increasingly look for better deals across smaller shops and online. 

The Grocery Eye report, which tracks consumer attitudes every quarter, revealed that 22% of people are frustrated with how much time it takes to shop for food, while 16% reported not being rewarded for their loyalty. 

Time was revealed to be a particular concern for Gen Z, as 36% of this cohort said that taking too much time is one of their biggest frustrations with grocery shopping. 

Savanta’s latest report brought to light that shoppers are increasingly expecting more of retailers, with more saying that promotions (62%) and loyalty schemes (51%) are important to them in deciding where to shop. 

That said, the Grocery Eye report found that the food shopping experience is “a happier one” in 2023, with 27% of shoppers feeling more in control than in 2022 when only 22% reported as such.  

William Blackett, executive vice-president of consumer at Savanta, said: “The weekly food shop looks more and more like a thing of the past, as customers bounce between small shops and online shopping in an effort to save costs. 

“Our research shows this has been part of a longer-term trend, as Covid-19 and the Cost of Living Crisis upend shopper’s consuming habits.”

He added: “Retailers should be warned – consumers are increasingly demanding in what they expect from their shopping experience. The good news is that with inflation looking like it has peaked, shoppers are broadly happier now than they were a year ago.”

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