7 minutes

Insights from Groceryshop 2019

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Other Contributors:
Marie Driscoll, CFA, Managing Director of Beauty and Luxury
Sam Li
Steven Winnick, Vice President—Innovator Services
Event Coverage

Executive Summary

The Coresight Research team was in Las Vegas attending and participating in the Groceryshop 2019 conference, September 15-18. In this report, we share our insights from the conference.

  • Coresight Research CEO and Founder Deborah Weinswig kicked off the event by emceeing the Groceryshop Emerging Technology Spotlight on September 15.
  • Weinswig also introduced Coresight Research’s SCORE framework for artificial intelligence (AI) in grocery retail.
  • Companies need to connect demographics, life stage, lifestyle, social media and other lifestyle indicators to truly understand customers and predict behavior using AI.
  • Many at Groceryshop expressed the view that it is better to risk taking action based on imperfect data, instead of waiting for the perfect data set that may never come.

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