1. RetailWit QuickWit

QuickWit Weekly (1/30/23) Last Week’s Top Retail News

Last week's trending topics and most interesting & most read stories in commerce.
2 min read
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  1. Channel: Restaurants

KFC Balances Employees and Customers for Sustainability

  Balancing a ‘dual mandate’, is the mantra most business leaders have been hearing a little too much of lately. So, just what is the most important dual mandate within the retail food sector today? That mandate according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® is branded messaging with equal relevance […]
4 min read
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  1. Technology & Innovation

How Mentorship and Sponsorship Fuel DEI Success

With her wealth of experience and diverse industry connections, Kimberly Lee Minor is driving positive change in the retail world. She has an infectious enthusiasm for community connection and a proven track record in implementing effective data-backed strategies around Diversity, Equity & Inclusion. During this episode of Retail Remix, we tap into Kimberly’s wealth of […]
< 1 min read
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  1. Shopper & Customer

How Brands Can Compete On Trust

Trust matters. This one word – so loaded with meaning and impact – drives competitive market share and pricing in industry after industry where outputs are hard to assess or delivered as a service. Moreover, if a customer doesn’t trust a company, loyalty will be fickle. Trust should not be taken for granted. In a […]
4 min read
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  1. CPG & FMCG

Unilever names Hein Schumacher as new CEO

Global beauty and consumer giant Unilever has appointed Hein Schumacher as its new CEO. Schumacher, who has been a non-executive of Unilever since October last year and began his career… The post Unilever names Hein Schumacher as new CEO appeared first on Latest Retail Technology News From Across The Globe – Charged.
< 1 min read
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  1. Channel: Specialty & Other

Bed Bath & Beyond Shutters Remaining Harmon Stores; Media Reports Say Search for a Buyer Stalled

Bed Bath & Beyond will reportedly shutter its 50 remaining Harmon stores in addition to 87 Bed Bath & Beyond locations and five buybuy BABY shops. Additionally, efforts to find a buyer ahead of its potential bankruptcy filing have reportedly stalled, people familiar with the matter told Bloomberg News. The store closures are in addition […]
< 1 min read
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  1. Department: Food

A fresh new look for relaunched Ayrshire Spar store

Spar Hillfoot Road in Ayr celebrated its re-launch on 19 January following an extensive store refit. The Spar Scotland company-owned store has received major investment to bring it in line with CJ Lang’s latest modern Spar store models and their drive to be more energy efficient. The store’s exterior now has a new bright Spar […]
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  1. Department: Food

In focus Spring is sprung: Confectionery

With Christmas firmly behind us and New Year’s resolutions to eat more healthily already starting to crumble, consumer thoughts invariably begin to turn to spring occasions such as Valentine’s Day, Mother’s Day and Easter – all of which involve the purchase, gifting and consumption of confectionery. Easter-themed self-treat and mini eggs have already started to […]
< 1 min read
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  1. Channel: Ecommerce & Digital

Shipping’s 2023 Transformational Trends

The e-commerce industry is heading into a year of rapid change and potential uncertainty, as labor and capacity issues could intensify or ease, carrier and rail strike concerns could reemerge, and fuel prices and shipping surcharges might be a crapshoot. Plus, ever-evolving technologies, strategies and innovations make keeping up with customers’ expectations increasingly difficult. However, […]
3 min read
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  1. Associates & Employees

Owning the Retail Floor in 2023

While the holiday shopping season may be over, busy retail environments are still thriving. As in-person shopping reaches pre-pandemic levels, staying connected is a must for retail workers on the move. From the shop floor to the stockroom and checkout counter, retail store associates are the glue that holds the whole operation together. However, 85 […]
2 min read
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  1. Trends & External Forces

5-Year Forecast:  US eGrocery Sales to Grow at 12% Compound Average

The 2023 Brick Meets Click/Mercatus 5-Year Grocery Sales Forecast is out this morning, suggesting that “U.S. online grocery sales are forecast to grow at a compound average growth rate (CAGR) of 11.7% over the next five years, increasing online’s share of overall grocery spending from 11.2% in 2022 to 13.6% in 2027 … Persistent price […]
2 min read
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  1. Channel: Drug

Walmart, CVS Say They Will Cut Pharmacy Hours

The Wall Street Journal reports that CVS and Walmart “are cutting pharmacy hours in the midst of a pharmacist shortage that has plagued the nation’s biggest drugstore chains throughout the Covid-19 pandemic. “CVS, the largest U.S. drugstore chain by revenue, plans in March to cut or shift hours at about two-thirds of its roughly 9,000 […]
2 min read
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  1. Channel: Restaurants

Restaurant Chains Double-Down On Takeout Trend

The Wall Street Journal has a story saying that “America’s biggest restaurant companies made a bet during the pandemic that you would rather eat the food cooked on their premises someplace else. Now they are gambling you will want to do so for years to come. “The strategy from these giant chains is to orient […]
2 min read
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  1. Department: Food

Your Views:  Crouch Cushions

We took note last week of a Boston Globe story about Addie’s, a new independent pickup-only grocery store that has opened in Norwood, Massachusetts, about 20 miles south of Boston.  Addie’s goal is to open 2,000 stores in 10 years, which led me toi comment: I would suggest that McQuade check out a company called […]
2 min read
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  1. Merchandising

What Digital Shelf Metrics Tell Us About Who Is Winning at Ecommerce Today DSI

“The digital shelf is really living — and it’s evolving all the time.” — Cara Wood, Brand Journalism Director, Salsify Achieving digital shelf excellence is a continuous process, and the journey seemingly never ends, which is why it’s often so difficult for brands to gauge where they stand. They may be nearly digital-shelf-ready on one […]
9 min read
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  1. Department: Consumer Durables

Evolution of Smart Products

One of the most popular cartoons I ever drew was about the Internet of Things, right after Google announced the acquisition of Nest in early 2014. “I think my Nest smoke alarm is going off,” one character tells another.  “Google Adwords just pitched me a fire extinguisher and an offer for temporary housing.” iRobot later […]
2 min read
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  1. Channel: Dollar/Value

DG, Ibotta to debut rewards program

GOODLETTSVILLE, Tenn. — Dollar General is partnering with Ibotta to launch a cash-back rewards program. “We are excited to provide an additional innovative option for our customers to help stretch their budgets,” says Emily Taylor, Dollar General’s executive vice president and chief merchandising officer. “Ibotta’s cash-back rewards program further complements our continuous efforts to provide […]
< 1 min read
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  1. Corporate Strategy

Holiday sales fall short of forecast

WASHINGTON — Retail sales during 2022’s November-December holiday season grew 5.3% over 2021 to $936.3 billion, falling short of the National Retail Federation’s forecast amid continuing inflation and high interest rates, NRF said. While holiday growth was less than expected, sales for the year grew 7% over 2021 to $4.9 trillion, meeting NRF’s forecast of […]
2 min read
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  1. Technology & Innovation

Furner calls change the only constant in retailing

NEW YORK — A paradox at the heart of the retailing business was brought to light during the first keynote session at NRF 2023: Retail’s Big Show. John Furner, president and chief executive officer of Walmart U.S., addressed the constancy of change in the industry during his opening remarks at Javits Center and, in a […]
4 min read
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  1. Channel: Grocery

McMullen: Doing good plays big part in Kroger doing well

NEW YORK — Rodney McMullen, chairman and chief executive officer of Kroger Co., shared insights into the supermarket retailer’s purpose of “feeding the human spirit” in a marquee session at the NRF Big Show earlier this month. “At Kroger, we succeed by giving a great experience to the customer, investing in associates and making an […]
3 min read
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  1. Department: HBC

Video Forum: Sheila Arquette, NASP

Sheila Arquette, president and CEO of the National Association of Specialty Pharmacy, tells this week’s Video Forum about recent developments in specialty pharmacy. Among the subjects she addresses are what community pharmacies can do to raise their profile in specialty Rx, the importance of coordination across the continuum of care, the impact of biosimilars, and […]
< 1 min read
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  1. Shopper & Customer

Levi Strauss sees online sales fall as shoppers return to high street

Clothing retailer Levi Strauss watched its online sales fall across all of its markets in Q4 as shoppers returned to the high street. Digital net revenues were down by 7%… The post Levi Strauss sees online sales fall as shoppers return to high street appeared first on Latest Retail Technology News From Across The Globe […]
< 1 min read
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Trending Topics

Editor’s Choice

  1. Technology & Innovation
  2. CPG: Beverage
  3. Channel: Delivery
  4. Channel: Ecommerce & Digital
  5. Channel: Mass
  6. Department: Consumer Durables
  7. Department: Food
  8. Department: HBC
  9. Department: Nonfood
  10. Corporate Strategy
  11. Corporate Finance
  12. ESG
  13. Partnerships & Alt Profit
  14. Media & Marketing
  15. Data & Insights
  16. International
  17. Shopper & Customer
  18. Start Ups
  19. Technology & Innovation
  20. Trends & External Forces
  21. Associates & Employees
  22. Operations & Supply Chain
  23. Stores & Formats

Amazon UK stores and strikes: RTIH presents the retail technology week in numbers

Do you like numbers? Do you like retail systems news? Then this is the article for you. Including Emperia, Amazon UK, Mercaux, Gemba, Adobe, and Twinco Capital. $18 million…Gemba, a virtual reality training startup used by the likes of Nike, Coca-Cola, and Amazon, has bagged $18 million in a Series A round of funding from […]
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  1. Technology & Innovation
  2. Channel: Mass
  3. Department: Consumer Durables
  4. Department: Nonfood
  5. Corporate Strategy
  6. Corporate Finance
  7. ESG
  8. Partnerships & Alt Profit
  9. Media & Marketing
  10. Agencies & Vendors
  11. Retail Ecosystem
  12. Data & Insights
  13. International
  14. Shopper & Customer
  15. Technology & Innovation
  16. Trends & External Forces
  17. Retail Operations
  18. Operations & Supply Chain
  19. Stores & Formats

NRF 2023: Top Retail Influencers’ Key Takeaways (Part Two)

The RETHINK Retail team ventured to NYC from January 14-17th for NRF 2023: Retail’s Big Show. While there, we had the opportunity to speak with attendees from our Top Retail Influencer community and learn about their event experience. #TRI members–Ian Scott, Martin Newman, Melissa Gonzalez, Melissa Minkow, Nikki Baird, Ron Thurston, Stewart Samual, and Thomas […]
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