Globally, consumers are turning to snacks more frequently to replace meals. Meanwhile, health concerns and increasingly fast-paced lifestyles are driving demand for healthier snacking options like fruits and vegetables.

A few years ago, on my way to the office, I was listening to a radio story about the quarterly earnings of a major U.S. retailer. In the story, losses from damaged goods were lumped in the same financial earnings/loss bucket as retail shrinkage and theft.

This type of financial reporting is not surprising, as it has long been true that there’s a certain amount of damage loss companies find acceptable. It can be anywhere from two to eight percent, but every business in every industry manages to find its own “acceptable” damage rate.   

This time of year is dedicated to remembrance. We remember those who paid the ultimate price, honor those who have served in the armed forces, and appreciate the sacrifices of military spouses and family members. These holidays include Armed Forces Day, Anzac Day and Memorial Day.

While reflecting on the freedoms secured by their efforts, it’s important for us to remember to serve those who have served us.

The retail world has been cleverly avoiding the icy grip of the grim reaper for several years now. As consumers continue to shift their whims and wallets with just a few clicks, the reports of retail’s demise and potential rebirth keep coming.