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  1. RetailWIt QuickWit

Daily QuickWit (6.15) – Yesterday’s Top Stories

Brick & Mortar Retail sales forecast increased to 10.5% – 13.5%. Citing “greater than expected resilience in the economy and consumer spending”, the NRF revised sales growth from 6.5 – 8.2% to 10.5% – 13.5% for B&M Retail. Non-store and online sales growth remains unchained (18 – 23%). Amazon to open its first Fresh supermarket […]
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  1. Trends & External Forces

Update: US Retail Sales Now Forecast to Grow by 10.5-13.5% This Year

There may be good news on the horizon for brick-and-mortar American retailers. Citing greater than expected resilience in the economy and consumer spending, revised figures from the National Retail Federation (NRF) project US retail sales will see more growth than originally anticipated this year. In its revision, NRF forecasts retail sales to grow between 10.5% and […]
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  1. Channel: Ecommerce & Digital

Amazon to open its first Fresh supermarket with checkout-free technology

Dive Brief: Amazon is planning to open a new Fresh store on Thursday that will be the first full-size supermarket in the chain to feature the retailer’s Just Walk Out checkout-free technology, according to a company blog post. Like other Fresh stores, the approximately 25,000-square-foot store at The Marketplace in Bellevue, Washington, will also feature traditional […]
3 min read
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  1. Channel: Grocery

NGA: Independent grocers nab 33% of US grocery sales

Dive Brief: Independent grocers now account for 33% of U.S. grocery sales, up from 25% a decade ago, an economic study from the National Grocers Association (NGA) found. Sales at independent stores increased almost 94% between 2012 and 2020, to $253.6 billion, while overall U.S. grocery sales increased roughly 47% to $772 billion during the same period. Despite recent sales momentum, […]
2 min read
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  1. Channel: Mass

If You Have Kids Walmart’s has a Helpful Service

   At the intersection of keeping the family fed, food in the refrigerator, snacks on the shelf, milk, coffee, dippers; and work, Walmart has a new service that can help. When Mom and Dad are asked What’s for Dinner, the solution just may be Walmartmore often than not according to Steven Johnson, Grocerant Guru® at […]
3 min read
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  1. Media & Marketing

Season 2 Finale with Matt Shay, President & CEO, National Retail Federation

We wrap up our second season with special guest, Matt Shay, President & CEO of the National Retail Federation (NRF). Many of us may know about the NRF because of its annual “Big Show”, but as you’ll learn in our interview it is much, much more. In our fast-paced discussion we dive into the many […]
2 min read
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  1. Department & Category

Flagstone Foods Will Source 100% Of Its Almonds From Bee-Friendly Farms: A First For the Private Label Nut Industry

As a part of its landmark Healthy Bees, Happy Snackers initiative, Flagstone Foods, a premier private brand manufacturer of snack nuts, trail mixes, and other nut-based snacks, announced its commitment to promoting a more sustainable almond industry by sourcing 100% of its almonds from bee-friendly farms by 2025, the first such manufacturer commitment from the private label nut […]
3 min read
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  1. Channel: Specialty & Other

MPB Careers: Lowes Home Improvement – Sr Director, Brand Marketing – Private Brands

MPB Careers: Lowes Home Improvement – Sr Director, Brand Marketing – Private Brands Job Summary: The Brand Marketing Senior Director of Private Brands will work closely with the Private Brand Product Merchandising Team/Global Sourcing to build the owned brand strategy and portfolio of private brands for Lowe’s serving as the brand champion through the lens […]
4 min read
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  1. Media & Marketing

The Influencer Marketing Tipping Point

In the new world of brand marketing, authenticity trumps all. You could say that influencers helped shape this new reality. In the post-COVID era, influencer marketing has reached a tipping point that is redefining marketing and advertising as we know it.  During this episode of Retail Remix, Lindsay Jerutis, General Manager of ShopStyle Collective, shares […]
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  1. CPG: Food

General Mills, Mars, Target among brands committed to GroupM’s Black-owned media initiative

Dive Brief: GroupM on June 8 announced a list of 20 clients that have pledged to spend at least 2% of their total annual media budgets on Black-owned media companies as part of the WPP group’s Media Inclusion Initiative (MII), per a press release. The clients include major marketers General Mills, Mars, Danone, Nestlé, Pernod Ricard, […]
2 min read
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  1. Channel: Ecommerce & Digital

Boxed To Go Public Via SPAC Merger

E-commerce bulk retailer Boxed announced this morning that it is going public via a merger with Seven Oaks Acquisition Corp., a publicly-traded special purpose acquisition company (SPAC). According to the announcement, “The combined company will be called Boxed, Inc. upon the closing of the transaction and is expected to be listed in the U.S. under […]
2 min read
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  1. Agencies & Vendors

These Companies Have the Best Reputations in the US

A company’s reputation can mean the difference between reaping the benefits of brand trust or seeing sales decline when that trust is broken. The most recent Reputation Quotient Study [pdf] from Axios and Harris Poll looks at which of the most visible US companies have the best reputation – and others that did not fare… […]
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  1. Technology & Innovation

New Market Research Services & Tools You Have to Use in 2021

More than any time in modern years, 2021 has turned out to be a year that marketers must look deeply into research tools; this is largely due to the impact of COVID-19 on the marketing landscape. It became abundantly clear that marketers must make a great transformation in the way businesses were conducted, forced upon […]
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  1. Operations & Supply Chain

USDA to invest over $4B to strengthen the food supply chain

Dive Brief: The U.S. Department of Agriculture announced it is planning to invest over $4 billion through the Build Back Better initiative to make critical supply chains stronger, aid food production and processing, improve food distribution and storage, and ensure equitable market access for food producers. USDA’s efforts are an attempt to remedy supply chain challenges exposed […]
2 min read
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  1. Channel: Ecommerce & Digital

How Launching on Amazon First May Help Expand Your Business with Retailers

When it comes to launching a new retail business, the online world offers multiple options for sales and marketing platforms. For sheer size and customer reach, nothing tops Amazon. This e-commerce powerhouse offers multiple opportunities for startups to get their products and services out there effectively. However, expanding product brands should seek out opportunities with […]
2 min read
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  1. RetailWIt QuickWit

Daily QuickWit (6.15) – Yesterday’s Top Stories

Brick & Mortar Retail sales forecast increased to 10.5% – 13.5%. Citing “greater than expected resilience in the economy and consumer spending”, the NRF revised sales growth from 6.5 – 8.2% to 10.5% – 13.5% for B&M Retail. Non-store and online sales growth remains unchained (18 – 23%). Amazon to open its first Fresh supermarket […]
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