Trends & External Forces In Evolving Industry Landscape, Changes in Big-Box Retail Tell a Fascinating Story At a time when the commercial real estate landscape is evolving with unprecedented speed, changes in big-box retail are an important storyline. Appreciating how and why big-box concepts have thrived in a post-pandemic environment, and understanding the logic behind decision making with regard to everything from store layouts to merchandising, is an important first step […] 0 Author Missing March 29, 2024March 29, 2024 3 min read ConsumersBrick and MortarPredictions and ForecastsBOPISCOVID19Operations & Supply ChainWalmartStore LocationAmazonAssociatesMarketing: In StoreCostcoEconomyDept. NonfoodRestaurantsMerchandisingMarketing: Loyalty & SubscriptionSustainabilityInclusivityHoliday & EventsDept. Sporting goodsDept. HBCTargetTechnology & InnovationExecutives 0 Saving Bookmark this article Bookmarked
Shopper & Customer Decoding the Language of Luxury For affluent consumers who are ultra-sensitized to luxury brands and their codes of meaning, savoir-faire is the ultimate flex. In some prominent families, purchases and self-presentation trigger complex negotiations between social obligation and self-expression. A perfect example is the age-old tradition of donning your grandmother’s heavy wedding set instead of daring to decline the matriarch’s […] 0 Author Missing March 29, 2024March 29, 2024 3 min read ConsumersStrategyDept. ApparelShoppersESG and CSRAIMarketing: Social MediaMarketing: BrandPackagingPredictions and ForecastsLegal & CriminalExecutivesDept. FreshEconomyDept. Natural / OrganicDept. NonfoodDept. BeverageTechnology & InnovationDept. Grocery 0 Saving Bookmark this article Bookmarked
Department: Food Hancocks unveils portfolio with ‘healthier’ proposition ‘Healthier at Hancocks’ will see the confectionery wholesaler offer retailers healthier choices to add to the in-store offering to maximise sales and attract new customers. Focus areas include healthier snacks and energy, with the aim to make enjoyable, healthier choices accessible and affordable for everyone.… This story continues at Hancocks unveils portfolio with ‘healthier’ proposition […] Talking Retail March 29, 2024March 29, 2024 < 1 min read Dept. BakerySustainabilityMarketing: In StorePredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Department: Beverage BrewDog unveils new low ABV beer Cold Beer BrewDog presents new low alcohol Cold Beer (3.4% ABV). A 3.4% ABV lager, Cold Beer uses historic brewing techniques from the Kolsch style, fermenting the beer with an ale yeast but at a lower lager temperature, hence the term ‘Cold Beer’. The brand says this… This story continues at BrewDog unveils new low ABV beer […] Talking Retail March 29, 2024March 29, 2024 < 1 min read Dept. Adult BevDept. BeverageDept. OTCPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Technology & Innovation Pacsun Celebrates One-Year on Roblox with New Slick Rick Collab Pacsun is partnering with hip-hop artist Slick Rick to celebrate the one-year anniversary of its Los Angeles Tycoon experience on Roblox. Over the past year the experience has garnered 60,000 monthly active users and 11 million visits overall. For the collaboration, users can interact with a 3D non-player character (NPC) digital avatar of Slick Rick […] Retail TouchPoints March 29, 2024March 29, 2024 2 min read GamingTechnology & InnovationAIPartnershipsConsumersDept. ApparelMarketing: Social MediaPredictions and ForecastsBrick and MortarDept. FreshShoppers 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital It just got easier to sign up for the Amazon One palm recognition service for entry, identification, payments An Amazon One app has gone live, enabling customers to sign up for the service by taking a photo of their palm. Amazon One is a palm recognition service for entry, identification, and payment. Until now, people had to visit a physical location to hover their palm over a device to sign up for the […] Retail Technology Innovation Hub March 29, 2024March 29, 2024 2 min read AmazonTechnology & InnovationAIData & InsightsBrick and MortarShoppersWhole FoodsRegional GroceryStore LocationPredictions and ForecastsMarketing: Loyalty & SubscriptionHealth & Wellness 0 Saving Bookmark this article Bookmarked
Corporate Finance What Retailers Need To Know When Applying For Secured Loans Retailers often find themselves in need of additional capital to fund their operations, whether it’s for inventory, expansion, or covering operational costs. One option available to them is a secured loan, which can provide the necessary funds while offering attractive terms. However, the application process for secured loans can be daunting, with lenders imposing stringent […] Retail Minded March 29, 2024March 29, 2024 3 min read Results & InvestmentOperations & Supply ChainPredictions and ForecastsShoppersReturnsTechnology & InnovationMarketing: In StoreMarketing: UGCPepsiCoPricing & PromotionsStrategyHealth & WellnessDept. Fuel 0 Saving Bookmark this article Bookmarked
Shopper & Customer Revolutionizing Retail Contracts: How Going Digital Saves Time and Money Picture a bustling retail environment—efficiency is not just desired; it’s essential. For retail managers eyeing the prospect of going digital, the lure of slashing time and expenses is compelling. The switch to digital document management, particularly online PDF editors for contracts, promises more than a mere upgrade; it is a transformative stride toward streamlined operations. […] Retail Minded March 29, 2024March 29, 2024 3 min read Operations & Supply ChainInternationalPredictions and ForecastsAssociatesCustomer ExperienceSustainabilityResults & InvestmentPricing & PromotionsTechnology & InnovationShoppersDept. FuelMondelezDept. NonfoodInternational - UKConsumersTrends: RetailMarketing: In Store 0 Saving Bookmark this article Bookmarked
Retailer Media How Home Depot is renovating its retail media network to reach more advertisers The retailer gave suppliers an inside look at consumer insights, business strategies and a road map for a growing ad channel at its first “InFronts” event. MarketingDive March 29, 2024March 29, 2024 < 1 min read Marketing: Retail MediaHome DepotData & InsightsConsumersBig Data 0 Saving Bookmark this article Bookmarked
Channel: Grocery Hy-Vee Taps Agency Alum as New CMO, Sets Sights on Retail Media Growth Since launching its retail media network, RedMedia, in September 2023, Hy-Vee has been focused on building out its media offerings and capabilities. Now, to support this long-term growth vision, the grocery retailer has hired a new EVP and Chief Marketing Officer (CMO), who also will act as President of RedMedia. Jessica Hendrix will begin her tenure […] Retail TouchPoints March 28, 2024March 28, 2024 2 min read Hy-VeeMarketing: Retail MediaRegional GroceryExecutivesOmnichannelMarketing: Social MediaAgenciesNestleProcter & GamblePredictions and ForecastsOperations & Supply ChainShoppersMerchandisingMarketing: ShopperKraftHeinzDept. GroceryMarketing: Brand 0 Saving Bookmark this article Bookmarked
Corporate Finance Krispy Kreme share price surges Hits highest mark since January 2022. Food Business News March 28, 2024March 28, 2024 < 1 min read Results & Investment 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Trader Joe’s new grab-and-go store draws rebuke from national union The company’s Pronto shop in New York City replaces its former wine shop that closed down nearly two years ago. Grocery Dive March 28, 2024March 28, 2024 < 1 min read Trader JoesAssociatesDept. Adult BevDept. Beverage 0 Saving Bookmark this article Bookmarked
Stores & Formats Pardon the Disruption: Can discount retailers be stopped? Walmart, Aldi and dollar stores are pushing full-service grocers to update the way they sell goods. Here are a few fresh ideas to stay ahead. Grocery Dive March 28, 2024March 28, 2024 < 1 min read WalmartRegional GroceryDept. FreshBrick and MortarAldi 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Lidl US cuts corporate jobs across 3 business units The layoffs come a little over a year after the discounter let go of roughly 200 workers stateside. Grocery Dive March 28, 2024March 28, 2024 < 1 min read LidlAssociates 0 Saving Bookmark this article Bookmarked
Stores & Formats H&M Group plans to invest more in physical stores, including refurbishing 250 globally The fast-fashion company has been shuttering hundreds of locations and growing its e-commerce, but said the pace of closures will slow this year. RetailDive March 28, 2024March 28, 2024 < 1 min read Brick and MortarDept. Apparel 0 Saving Bookmark this article Bookmarked
Trends & External Forces Amazon says it removed over 7M fake goods in 2023 The e-commerce giant, which has long faced scrutiny over counterfeits, said it invested more than $1 billion into fighting fakes last year. RetailDive March 28, 2024March 28, 2024 < 1 min read Legal & CriminalAmazon 0 Saving Bookmark this article Bookmarked
Shopper & Customer Every room in the house is ‘where the customer wants us to go’: Bath & Body Works CEO Gina Boswell said the brand is now in roughly 40% of American households as it expands its assortment to areas like laundry. RetailDive March 28, 2024March 28, 2024 < 1 min read ShoppersExecutivesMerchandisingDept. LaundryConsumers 0 Saving Bookmark this article Bookmarked
Trends & External Forces Medical Dynamometers: Revolutionizing Muscle Assessment In the realm of healthcare, precision and accuracy are paramount. Whether it’s assessing the progress of a patient’s rehabilitation, evaluating muscle strength, or monitoring the effects of certain treatments, having reliable tools is crucial. One such tool that plays a significant role in various medical settings is the medical dynamometer. BCC Research March 28, 2024March 28, 2024 < 1 min read Predictions and ForecastsMarketing: Social MediaHealth & WellnessDept. Nonfood 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers The Home Depot Acquiring Supplier to Professional Contractors The Home Depot said yesterday it is acquiring SRS Distribution Inc. (SRS) — a materials provider across several verticals serving professional roofers, landscapers and pool contractors — in a deal valued at approximately $18.25 billion. It would be Home Depot’s largest acquisition in its history. The home improvement retailer expects the acquisition to close this […] TotalRetail March 28, 2024March 28, 2024 < 1 min read AcquisitionData & InsightsHome DepotDeliveryOperations & Supply ChainInternationalResults & InvestmentDept. AppliancesDept. Nonfood 0 Saving Bookmark this article Bookmarked
Holiday & Events Easter spending expected to rise to £1.9bn, says GlobalData UK consumers are set to spend £1.9bn this Easter, a 4.0% increase on 2023. Spend on Easter food and drink is expected to drive the uplift as consumers plan to splash out, feeling less restricted by financial pressures amid the cost-of-living crisis, according to a… This story continues at Easter spending expected to rise to […] Talking Retail March 28, 2024March 28, 2024 < 1 min read Holiday & EventsConsumersResults & InvestmentPredictions and ForecastsInternational - UKDept. GroceryDept. Beverage 0 Saving Bookmark this article Bookmarked
Department: Beverage Adnams reveals new brand design Southwold brewery, Adnams, is rolling out a full redesign of its core beer range. The range of coastal brews has been reimagined by Adnams and Brighton-based design studio CookChick with local artist Vanessa Sorboen, to reflect the brand’s Suffolk home. Drawing inspiration from its coastal… This story continues at Adnams reveals new brand design Or […] Talking Retail March 28, 2024March 28, 2024 < 1 min read Dept. Adult BevPredictions and ForecastsDept. Beverage 0 Saving Bookmark this article Bookmarked
Media & Marketing East of England Co-op inks deal to roll-out Pricer digital platform across all its food stores East of England Co-operative Society, one of the largest regional co-operatives in the UK, has signed an agreement with Pricer for an installation worth 50 MSEK in all 120+ of its food stores and involving the cloud-based platform Pricer Plaza and digital labels. It has selected Pricer’s in-store automation and communication solution and the latest […] Retail Technology Innovation Hub March 28, 2024March 28, 2024 2 min read Brick and MortarTechnology & InnovationPredictions and ForecastsDept. GroceryMerchandisingPackagingMarketing: Social MediaInternational - UKTwitterPartnershipsMarketing: In StoreStrategyOperations & Supply ChainMarketing: Trade 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Home Depot Acquires SRS for $18.25B, Boosting Pro Sales Home Depot recently announced its acquisition of SRS Distribution for a whopping $18.25 billion. This hefty investment marks the company’s boldest stride yet to seize a larger share of the professional market, particularly targeting contractors and roofers. RetailWire March 28, 2024March 28, 2024 < 1 min read AcquisitionHome DepotResults & InvestmentOperations & Supply ChainMondelez 0 Saving Bookmark this article Bookmarked
Technology & Innovation Absolut returns to Coachella with metaverse activation, content series The Pernod Ricard vodka brand has moved its metaverse activation, Absolut.Land, to accommodate VR and other consumer preferences. MarketingDive March 28, 2024March 28, 2024 < 1 min read MetaverseReturnsTrends: TechTech: AR and VRDept. Adult BevCPG: Adult BeverageConsumers 0 Saving Bookmark this article Bookmarked
CPG & FMCG GroupM doubles down on women’s sports, with support from major brands A new dedicated marketplace will be a part of the agency’s upfronts strategy, aided by clients including Adidas and Unilever. MarketingDive March 28, 2024March 28, 2024 < 1 min read UnileverStrategyDept. Apparel 0 Saving Bookmark this article Bookmarked
Channel: Home Improvement Home Depot Boosts Pro Offering with $18.25B Acquisition of SRS Distribution The Home Depot is acquiring building products distributor SRS Distribution for $18.25 billion in a bid to accelerate the growth of its pro offerings. The deal, which is expected to close by the end of the retailer’s fiscal 2024 in late January 2025, is subject to customer closing conditions and will be funded through a […] Retail TouchPoints March 28, 2024March 28, 2024 2 min read AcquisitionHome DepotOperations & Supply ChainShoppersPredictions and ForecastsMarketing: Loyalty & SubscriptionMarketing: Social MediaExecutivesInternationalLowesDept. NonfoodDept. AppliancesDeliveryBrick and MortarAssociates 0 Saving Bookmark this article Bookmarked
Department: HBC U.S. News reveals the 2024 Best OTC Medicine & Health Products WASHINGTON – U.S. News & World Report, the global authority in health care rankings and consumer advice, today published the second annual Best OTC Medicine & Health Products. The latest edition of the rankings features 132 categories, with 33 brand new over-the-counter product categories included this year. The brands with the most No. 1 products […] MMR March 28, 2024March 28, 2024 2 min read Dept. HBCDept. OTCHealth & WellnessPredictions and ForecastsMarketing: Social MediaConsumersJohnson & JohnsonJ&JMeta (Facebook)Thick DataDept. FuelTikTokTwitterData & InsightsMarketing: UGCPartnershipsTechnology & InnovationColgate-Palmolive 0 Saving Bookmark this article Bookmarked
Channel: Home Improvement Home Depot is acquiring specialty distributor SRS for $18.25 billion in huge bet on growing pro sales Home Depot is making the largest acquisition in its history as its sales growth stagnates. CNBC March 28, 2024March 28, 2024 < 1 min read Home DepotAcquisition 0 Saving Bookmark this article Bookmarked
Channel: Restaurants 7 Reasons Dynamic Pricing will not work for Chain Restaurants Chain restaurants need to be continually looking a customer ahead, if they take the eye off today’s customers, tomorrows customers won’t be there either. While consumers are dynamic not static, they are also penny wise, not pound foolish according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® simply stated they know […] Grocerant Guru March 28, 2024March 28, 2024 2 min read RestaurantsShoppersData & InsightsDept. GroceryMarketing: TradeTechnology & InnovationResults & InvestmentConsumersTargetPepsiCo 0 Saving Bookmark this article Bookmarked
Technology & Innovation How is the Biodiesel Market Performing in 2024? Global Research In an era marked by environmental consciousness and the pursuit of sustainable energy solutions, biodiesel has emerged as a key player in the global energy landscape. This renewable fuel, derived from organic sources such as vegetable oils and animal fats, not only reduces greenhouse gas emissions but also offers a promising alternative to traditional fossil […] BCC Research March 28, 2024March 28, 2024 < 1 min read Technology & InnovationPredictions and ForecastsSustainabilityDept. FuelPricing & PromotionsMarketing: Social MediaHealth & WellnessESG and CSRDept. Natural / Organic 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Channel: Home Improvement Acquisitions, Divestitures & Mergers Corporate Finance Operations & Supply Chain Home Depot Acquires SRS for $18.25B, Boosting Pro Sales Home Depot recently announced its acquisition of SRS Distribution for a whopping $18.25 billion. This hefty investment marks the company’s boldest stride yet to seize a larger share of the professional market, particularly targeting contractors and roofers. Written by RetailWire March 28, 2024March 28, 2024 Saving Bookmark this article Bookmarked
Channel: Grocery Channel: Grocery Kroger to close 3 e-commerce fulfillment facilities The grocer said it will shutter one Ocado-powered spoke in South Florida and two others in Texas in late May. Written by Grocery Dive March 27, 2024March 28, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Corporate Strategy Media & Marketing Data & Insights Shopper & Customer Trends & External Forces Charted: Car Brand Loyalty in 2024 See this visualization first on the Voronoi app. Car Brand Loyalty in 2024 This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. This graphic visualizes the best and worst car brands in terms of brand loyalty. […] Written by Visual Capitalist March 26, 2024March 26, 2024 Saving Bookmark this article Bookmarked
Retail Ecosystem ESG Media & Marketing Agencies & Vendors Retail Ecosystem Data & Insights International Shopper & Customer Technology & Innovation Trends & External Forces Operations & Supply Chain Key Takeaways From Shoptalk Spring 2024 Shoptalk always brings the best and brightest minds of the industry together for four days packed with insights, networking opportunities, trend predictions and so much more. This year, the spring event in Las Vegas was no exception. But like many other major industry events, Shoptalk can feel like you’re sprinting a marathon — there’s so […] Written by TotalRetail March 25, 2024March 26, 2024 Saving Bookmark this article Bookmarked
Department: Consumer Durables Department: Consumer Durables Corporate Strategy Corporate Finance Partnerships & Alt Profit Shopper & Customer Trends & External Forces Stores & Formats Nike Pivots, Embraces Wholesale Once Again Amid faltering demand for shoes and clothing as well as slipping digital sales, Nike Inc. said last week that it will bank a lot more on the thing it has spent the past several years turning away from: other retailers. Executives discussed those plans on Nike’s earnings call, during which it announced that while fiscal […] Written by TotalRetail March 25, 2024March 26, 2024 Saving Bookmark this article Bookmarked