Technology & Innovation The Daily QuickWit (2/1): Top Retail News Yesterday's top retail news and most read stories in commerce. RetailWit February 1, 2023February 1, 2023 2 min read Technology & InnovationExecutivesMerchandisingHoliday & EventsMarketing: BroadcastCOVID19DeliveryDept. NonfoodDept. Sporting goodsDept. Toys & GamesDollar GeneralUnileverChatGPTShoppersAmazon 0 Saving Bookmark this article Bookmarked 5
Partnerships & Alt Profit Net-A-Porter, Mr Porter and The Outnet launch care and repair service Net-A-Porter, Mr Porter and The Outnet are launching a care, repair and alteration service to help customers extend the life of luxury garments. In a partnership… View Article The Retail Bulletin February 2, 2023February 2, 2023 < 1 min read PartnershipsDept. Apparel 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General opens 19,000th store GOODLETTSVILLE, Tenn. — Dollar General marked the grand opening of its 19,000th store in Joplin, Mo. on Monday with a community celebration and a $19,000 donation to a local elementary school. Customers also received complimentary DG gift cards, tote bags and product samples. “Today marks an exciting milestone in Dollar General’s history as we open […] MMR February 2, 2023February 2, 2023 2 min read Dollar GeneralPhilanthropyExecutivesOperations & Supply ChainEconomyAssociates 0 Saving Bookmark this article Bookmarked
Trends & External Forces The ‘time is now’ to redefine pharmacy’s role ORLANDO, Fla. — In its 90th year, the National Association of Chain Drug Stores (NACDS) remains focused on the same yet ever-evolving goal: Leading the future of an industry dedicated to advancing health and wellness for all Americans. That is the central theme at this year’s NACDS Regional Chain Conference, which is currently underway. Justin […] MMR February 2, 2023February 2, 2023 5 min read Dept. PharmacyHealth & WellnessPredictions and ForecastsConsumersExecutivesCOVID19Trends: RetailInclusivityDept. NonfoodGovernmentMarketing: In StoreMarketing: SocialPartnershipsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Mass Hairitage launches anti-dandruff collection at Walmart NEW YORK — Hairitage by Mindy McKnight, a pioneer in inclusive hair care, is introducing a revolutionary line of antidandruff products exclusively at Walmart. The Hairitage Anti-Dandruff collection raises the industry standard for scalp care, with cleaner formula solutions to eliminate every type of dandruff, each priced at less than $10. This pH optimized and […] MMR February 2, 2023February 2, 2023 2 min read WalmartHealth & WellnessPackagingExecutivesMerchandisingInclusivityDept. HBC 0 Saving Bookmark this article Bookmarked
Corporate Strategy Bob Miller joins board at Save Mart Cos. MODESTO, Calif. — Supermarket industry veteran Robert (Bob) Miller has been named to the board of directors at The Save Mart Companies, a California-based grocer that operates approximately 200 Save Mart, Lucky California, and FoodMaxx stores in the California Central Valley, Bay Area, and Northern Nevada. Save Mart, which is owned by Kingswood Capital Management, […] MMR February 2, 2023February 2, 2023 2 min read ExecutivesBrick and MortarAlbertsons / SafewayStore LocationUnited Natural FoodsMergersKrogerResults & InvestmentRite Aid 0 Saving Bookmark this article Bookmarked
Stores & Formats Bed Bath & Beyond closing 87 more stores NEW YORK —Bed Bath & Beyond said today it is closing an additional 87 stores, as the retailer seeks to consolidate its assets ahead of a possible bankruptcy filing. The company confirmed the closures in a statement, adding it was also closing all Harmon health and beauty store locations. “As we work with our advisors […] MMR February 2, 2023February 2, 2023 < 1 min read Brick and MortarBed Bath & BeyondDept. HBCHealth & WellnessBankruptcy 0 Saving Bookmark this article Bookmarked
Channel: Grocery Save Mart taps former Albertsons CEO for board Robert Miller, who led Albertsons through its acquisitions of Supervalu and Safeway and has decades of industry experience, joins the grocery operator as it aims to grow its business. Grocery Dive February 2, 2023February 2, 2023 < 1 min read Albertsons / SafewayExecutivesUnited Natural Foods 0 Saving Bookmark this article Bookmarked
Stores & Formats Aldi deepens focus on Gulf Coast with new distribution center The 564,000-square-foot facility will initially serve the roughly 30 locations the discount grocery chain currently operates in the region and is designed to eventually support up to 100 stores. Grocery Dive February 2, 2023February 2, 2023 < 1 min read Operations & Supply ChainAldiBrick and Mortar 0 Saving Bookmark this article Bookmarked
Department & Category GetGo to open first new-build c-store with a drive-thru Located in Mentor, Ohio, the location will feature the retailer’s made-to-order food program. Grocery Dive February 2, 2023February 2, 2023 < 1 min read Store LocationDept. Grocery 0 Saving Bookmark this article Bookmarked
Shopper & Customer J&J Snack earnings down on softer consumer climate But sales increase 10% during the quarter. Food Business News February 2, 2023February 2, 2023 < 1 min read Results & InvestmentDept. GroceryConsumers 0 Saving Bookmark this article Bookmarked
Department & Category Scoular Food Innovation debuts New name unveiled for food ingredients business. Food Business News February 2, 2023February 2, 2023 < 1 min read Dept. GroceryTechnology & InnovationTrends: Food and Beverage 0 Saving Bookmark this article Bookmarked
Technology & Innovation Italian job for Emperia as it helps Pinko venture into the metaverse for the first time Italian fashion brand, Pinko, has announced the launch of its first virtual store, developed using the Emperia platform and celebrating the opening of its new Milan boutique. It says that this aims to “drive brand recognition and tap into new female communities, alongside empowering women around the world to feel independent and able to express […] Retail Technology Innovation Hub February 1, 2023February 1, 2023 3 min read MetaversePartnershipsMeta (Facebook)ConsumersTrends: TechTechnology & InnovationShoppersResults & InvestmentPredictions and ForecastsStore LocationData & InsightsDept. ApparelExecutivesStart UpsSustainabilityStrategyNFTInternational - UKAmazon 0 Saving Bookmark this article Bookmarked
Corporate Purpose Black-owned businesses upbeat despite funding challenges Forty-four percent of Black-owned businesses struggle to find funding and 78 percent say it is difficult to find customers who are not Black, according to a new study by Shopify. On a positive note, 68 percent of Black-owned businesses are optimistic about their growth prospects. RetailWire February 1, 2023February 1, 2023 < 1 min read InclusivityShopify 0 Saving Bookmark this article Bookmarked
Associates & Employees NLRB judge finds Amazon discriminated against union organizers A judge for the National Labor Relations Board found that Amazon.com discriminated against union organizers at a warehouse in Staten Island. The company, the judge found, also illegally threatened to withhold pay raises and additional benefits from workers during a collective bargaining agreement period. Amazon disputes the findings. RetailWire February 1, 2023February 1, 2023 < 1 min read AssociatesAmazonOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart to sell hair care line by actress Tia Mowry The mass merchant has steadily been adding to its roster of up-and-coming brands in order to stay relevant with consumers. RetailDive February 1, 2023February 1, 2023 < 1 min read WalmartDept. HBCConsumers 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Nike sues Lululemon over shoe manufacturing patents The Canadian apparel brand is known for its performance fabrics and released its first footwear designs less than a year ago. RetailDive February 1, 2023February 1, 2023 < 1 min read Dept. ApparelOperations & Supply ChainInternational - North America 0 Saving Bookmark this article Bookmarked
Stores & Formats Magic Spoon expands retail launch to 6,800 stores The cereal brand, which was only available online until last summer, will be sold at Walmart, Kroger and Albertsons, as well as more Target locations. RetailDive February 1, 2023February 1, 2023 < 1 min read Brick and MortarWalmartTargetKrogerAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Department: HBC Disclosure Rules for Alcohol, Cannabis Sales Online sellers of alcohol and marijuana face a slew of disclosure requirements, such as permissible age, allowable products, shipping restrictions, and more. The post Disclosure Rules for Alcohol, Cannabis Sales appeared first on Practical Ecommerce. Practical Ecommerce February 1, 2023February 1, 2023 < 1 min read CannabisDept. Adult BevDept. HBCData & InsightsOperations & Supply ChainDelivery 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Ecommerce Product Releases: February 1, 2023 This installment of our long-running series includes new services for digital wallets, in-video search, shipping, SEO, headless development, omnichannel fulfillment, and more. The post Ecommerce Product Releases: February 1, 2023 appeared first on Practical Ecommerce. Practical Ecommerce February 1, 2023February 1, 2023 < 1 min read Data & InsightsOmnichannelOperations & Supply ChainDelivery 0 Saving Bookmark this article Bookmarked
International Mondelēz International Reports Q4 and FY 2022 Results Full Year Highlights Net revenues for the full year increased +9.7% driven by Organic Net Revenue1 growth of +12.3% with underlying Volume/Mix of +2.7%. For the fourth quarter, Net revenues increased +13.5% driven by Organic Net Revenue1 growth of +15.4% with underlying Volume/Mix of +1.6% Diluted EPS was $1.96, down 35.5%; Adjusted EPS1 was $2.95, up +11.9% on […] Mondelez February 1, 2023February 1, 2023 5 min read InternationalMondelezHealth & WellnessDept. Natural / OrganicResults & InvestmentInternational - North AmericaAcquisition 0 Saving Bookmark this article Bookmarked 4
Trends & External Forces Cost of living crisis: Key challenges and opportunities for UK brands The latest GDP figures showed that the UK economy grew by 0.1% in November, boosted by the World Cup and spending on food and drink. But bad economic news continues to stack up. The Bank of England is predicting a “very challenging” two-year recession. The Office for Budget Responsibility (OBR) has forecast a 1.4% fall […] 0 Author Missing February 1, 2023February 1, 2023 3 min read EconomyConsumersInternational - UKResults & InvestmentData & InsightsPredictions and ForecastsTechnology & InnovationDept. GroceryDept. BeverageAssociatesCOVID19Dept. HBCStrategyDept. Nonfood 0 Saving Bookmark this article Bookmarked
Holiday & Events Smirnoff to unveil inaugural cocktail coordinator during Super Bowl LVII The winner of the season-long contest will join Smirnoff as guest of honor for the big game as marketers embrace pre-game hype. MarketingDive February 1, 2023February 1, 2023 < 1 min read Holiday & EventsDept. Adult BevShoppers 0 Saving Bookmark this article Bookmarked
Department: Beverage PepsiCo’s new Starry brand named official soft drink of NBA, WNBA The lemon-lime offering targeted at Gen Z aims to bring a “fresh perspective” as Mtn Dew steps back from events like the NBA All-Star weekend. MarketingDive February 1, 2023February 1, 2023 < 1 min read PepsiCoDept. BeverageDept. FreshConsumers 0 Saving Bookmark this article Bookmarked
Shopper & Customer C-Store Consumers want Fresh Food Fast Priced Right Convenience store operators want to garner a larger share of stomach and they continue to target fast food restaurant customers looing for something new, fresh, fast, that cost less. Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® stated, the constant fluctuating price of gasoline is not attractive to consumers nor does it […] Grocerant Guru February 1, 2023February 1, 2023 4 min read Dept. GroceryConsumersShoppersData & InsightsDept. FreshMarketing: SocialDept. PerimeterDept. FuelEconomyBrick and MortarCompetitionTwitterMeta (Facebook)Marketing: Loyalty & SubscriptionTargetStore LocationResults & InvestmentRestaurantsDeliveryDept. DeliDept. Fresh PreparedESG and CSROwned Brands (Private Label) 0 Saving Bookmark this article Bookmarked
Media & Marketing Finally, a Drive-Thru Only Grocery Store Gen Z and Millennials have an ongoing desire for fresh food discovery, seemingly not wanting to be ‘their parents’, so the question is will they opt for and migrate too a drive-thru grocery store? According to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®, “The jury is still out. It will depend […] Grocerant Guru February 1, 2023February 1, 2023 3 min read Dept. GroceryShoppersMarketing: SocialData & InsightsConsumersBOPISExecutivesMarketing: In StoreSustainabilityTwitterBrick and MortarConsultingMeta (Facebook)Technology & InnovationPredictions and ForecastsESG and CSROperations & Supply ChainResults & InvestmentStrategyThick DataDept. PerimeterDept. Fresh PreparedDept. FreshDept. DeliPartnershipsAssociates 0 Saving Bookmark this article Bookmarked
Department & Category What are the 4 types of sterilization? Sterilization is an essential process for safety-proofing medical devices, pharmaceuticals, as well as food and beverages. It involves treating products to destroy living organisms or render them incapable of reproduction. Note this process is different from disinfection. Disinfection does not completely destroy bacteria but, as a term, it’s often conflated with sterilization. BCC Research February 1, 2023February 1, 2023 < 1 min read Marketing: SocialDept. Grocery 0 Saving Bookmark this article Bookmarked
Channel: Restaurants McDonald’s profit grows as inflation-weary customers flock to its restaurants [[“value”:”McDonald’s is expecting that short-term inflation will continue in 2023.”]] CNBC February 1, 2023February 1, 2023 < 1 min read RestaurantsEconomy 0 Saving Bookmark this article Bookmarked
Technology & Innovation Robots could surpass workers at Amazon by 2030, Cathie Wood says KEY POINTS “We are just at the dawn of the robotics age. And I would say artificial intelligence and battery technology are all a part of that movement as well,” Cathie Wood said. Amazon had more than 1.6 million workers at the end of 2021, according to its most recent annual report. Wood’s Ark Innovation […] CNBC February 1, 2023February 1, 2023 2 min read Technology & InnovationTech: RoboticsAssociatesAmazonPredictions and Forecasts 0 Saving Bookmark this article Bookmarked 4
Channel: Mass Tesco to buy the Paperchase brand Tesco �confirms that it has bought the Paperchase brand and related IP. – – Jan Marchant, Managing Director of Home and Clothing at Tesco said: “Paperchase is a well-loved brand by so many, and we’re proud to bring it to Tesco stores across the UK. We have been building out plans to bring more brands […] Webwire February 1, 2023February 1, 2023 < 1 min read TescoInternational - UKDept. ApparelBrick and Mortar 0 Saving Bookmark this article Bookmarked
Retail Ecosystem What Is Recommerce — And What Does It Mean for Brands? Salsify Whether you’re in the market for a vintage clothing item, a deal on a refurbished gadget, or just something that catches your eye with a lower carbon footprint, you’re probably already familiar with the many benefits of recommerce. Salsify February 1, 2023February 1, 2023 < 1 min read RecommerceMarketing: SocialDept. Apparel 0 Saving Bookmark this article Bookmarked
International Department: Food Acquisitions, Divestitures & Mergers Corporate Finance International Trends & External Forces Mondelēz International Reports Q4 and FY 2022 Results Full Year Highlights Net revenues for the full year increased +9.7% driven by Organic Net Revenue1 growth of +12.3% with underlying Volume/Mix of +2.7%. For the fourth quarter, Net revenues increased +13.5% driven by Organic Net Revenue1 growth of +15.4% with underlying Volume/Mix of +1.6% Diluted EPS was $1.96, down 35.5%; Adjusted EPS1 was $2.95, up +11.9% on […] Written by Mondelez February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Technology & Innovation Technology & Innovation Trends & External Forces Associates & Employees Robots could surpass workers at Amazon by 2030, Cathie Wood says KEY POINTS “We are just at the dawn of the robotics age. And I would say artificial intelligence and battery technology are all a part of that movement as well,” Cathie Wood said. Amazon had more than 1.6 million workers at the end of 2021, according to its most recent annual report. Wood’s Ark Innovation […] Written by CNBC February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Department & Category ESG Partnerships & Alt Profit International Stores & Formats Aldi expands Too Good To Go partnership nationwide following successful trial Aldi is rolling out its partnership with the world’s largest surplus food platform, Too Good To Go, across all of its 990 UK stores. Following a successful trial last year, Aldi is now offering surplus food bags available nationwide, in a bid to tackle food waste while also offering even lower prices to customers. The […] Written by Talking Retail February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Shopper & Customer Channel: Ecommerce & Digital Channel: Grocery Department & Category Department: Nonfood Corporate Strategy Corporate Finance Media & Marketing Retailer Media Agencies & Vendors Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Retail Operations Stores & Formats dunnhumby’s Sixth Annual Retailer Preference Index (RPI) for U.S. GroceryTHE GROCERS BEST ‘BUILT TO LAST’ H-E-B, Costco Best Navigate The 2020 – 2022 Pandemic Grocery Market Upheaval, Bumping Amazon From Its Top Ranking Customers emerged from 2020 – 2022 placing more importance than ever on finding the right balance of savings and quality while placing less importance on saving time. Pandemic surge in retailer digital capabilities and consumer digital adoption […] Written by dunnhumby February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Data & Insights Department & Category Department: Food Data & Insights Shopper & Customer Trends & External Forces Associates & Employees Holiday & Events Charted: U.S. Egg Prices More Than Double in 2022 Charted: U.S. Egg Prices Double in 2022 Eggs are a staple food for many countries around the world, and the U.S. is no exception. Americans eat between 250‒280 eggs a year on average. Eggs are also easy to cook, protein-dense and supply many daily vitamins needed for healthy living, making them a popular meal or […] Written by Visual Capitalist February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked