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The Grocer: Retailers must now think like technology companies

The discounters have been busy of late: Aldi is trialling self-checkouts and opening a new, Local store format in Balham, while Lidl is seeking to secure London sites for a similar format – moves very few pundits could have foreseen on their entry to the UK 30 years ago.

Seize Digital
Author: Tim Mason

The discounters have been busy of late: Aldi is trialling self-checkouts and opening a new, Local store format in Balham, while Lidl is seeking to secure London sites for a similar format – moves very few pundits could have foreseen on their entry to the UK 30 years ago.
 
But they prove that no grocer can afford to rest on its laurels. I’ve been taking stock of what I’ve learned from my experience over the past three decades, and have distilled these lessons into a book that is being published this month. And in doing so it has struck me that the likes of Aldi and Lidl get that change is the only constant, and that those that don’t embrace it will struggle to survive.

Read the rest of Tim's article in The Grocer here.