Groceryshop 2018: Day 1 Takeaways—Startup Pitch Competition

Executive Summary

The Coresight Research team is in Las Vegas this week to participate in Groceryshop 2018, being held October 28–31. The event will cover the transformation of consumer packaged goods (CPG), grocery and related industries, and is being attended by some 2,200 industry professionals and features over 150 speakers.

Deborah Weinswig, Coresight Research CEO and Founder, kicked off the event by emceeing the Groceryshop Startup Pitch Competition.

• The competition featured 12 innovative, early-stage technology companies that have developed e-commerce and in-store solutions for grocery, food and CPG companies. Of the two winners, one was chosen by a three-judge panel and the other by the audience.
• Weinswig categorized the 12 participating companies into four buckets of retail disruption, which were: Sourcing, Merchandising and Cataloging; Grocery E-Commerce Enablers; Improved Shopping Experiences; and,Tracking Measurement and Insights.
• The judges’ panel declared Simplista the winner, for its cloud-based platform which simplifies the product listing process for retailers and suppliers. And the winner chosen by the audience was Tastry, for its a machine-learning-based platform that recommends personalized beer, wine and spirits selections and pairings to shoppers
• Weinswig concluded the competition with her presentation on retail trends and insight, in which she presented her thoughts on what the retail industry can learn from China with emphasis on New Retail trends in China.