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  1. RetailWIt QuickWit

Daily QuickWit (6.24) – Yesterday’s Top Stories

Mintel released their June 2021 trend observations A good read of what is going on right now and what is relevant to retailers and brands everywhere Walmart’s former e-commerce chief Marc Lore says brands like Warby Parker can’t be replicated by big-box retailers More and more DTC brands keep showing up, it will be fascinating […]
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  1. Channel: Ecommerce & Digital

6 Digital transformation trends in retail

In 2021, adopting new technologies is what separates a good business from a great one. When retail companies invest in upgrading their current technology, employees and customers benefit tremendously.  Whether it’s easy curbside pickup or advanced cameras that prevent theft, it’s difficult to find any downsides to improving existing retail processes. Shopper behavior changes on […]
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  1. Channel: Drug

Rite Aid posts strong retail results in Q1

CAMP HILL, Pa. — Rite Aid Corp. posted results for the first quarter of fiscal 2022 that fell short of some analysts’ projections although the company’s retail pharmacy segment achieved robust sales and profit growth. Heyward Donigan The reported net loss from continuing operations for the 13 weeks ended May 29 fell to $13.1 million, […]
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  1. Channel: Drug

Rite Aid Releases Third Annual Corporate Sustainability Report

Rite Aid today published its third annual corporate sustainability report, detailing the company’s enhanced Environmental, Social, and Governance (ESG) strategy. The report introduces four key pillars underpinning Rite Aid’s sustainability efforts: building a thriving planet, thriving business, thriving workplace, and thriving community. Trent Kruse, senior vice president, investor relations and treasury, Rite Aid. “As a […]
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  1. Channel: Mass

Gap Home Debuts at Walmart

The very meta private brand collection Gap Home is now available to shop on Walmart.com. At launch, the collection features more than 400 items across home décor, tabletop, bedding and bath. From super-soft bedding to elevated tableware and more inspired finds, Gap Home offers quality designs and go-to essentials to instantly refresh your living space. […]
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  1. Owned Brands (Private Label)

MY PRIVATE BRAND TALKS with James Butcher of S4RB

Welcome to My Private Brand Talks a weekly interview series in which I will discuss the state of private brand, retail, and careers with retail executives and private brand thought leaders from around the world. This week’s episode features my conversation with James Butcher of Solutions 4 Retail Brands (S4RB.) . MY PRIVATE BRAND TALKS […]
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  1. Channel: Grocery

Top Women in Grocery 2021: Julie Grant, Director, Applications Development

Retail Business Services – the services company of Ahold Delhaize USA – is proud to announce that Julie Grant, Director of Applications Development, has been named to Progressive Grocer’s 2021 Top Women in Grocery list, which recognizes leadership, achievement and community involvement. In her role, Julie oversees a team of 26 associates who provide IT […]
2 min read
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  1. Channel: Grocery

Albertsons and DoorDash announce on-demand grocery delivery tie up

Albertsons Companies has teamed with DoorDash to offer on-demand grocery delivery from nearly 2,000 Albertsons banner stores across the US, including Safeway, Vons and Jewel-Osco, via the DoorDash marketplace app. Albertsons will offer more than 40,000 grocery items, including fresh and prepared foods and core grocery, floral and convenience items at select stores. Additionally, in some markets, […]
3 min read
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  1. Channel: Convenience

BP invests $7m in electric vehicle charging firm

BP Ventures has invested $7m (£5m) in smart electric vehicle charging firm IoTecha. IoTecha’s technology connects electric vehicle chargers with the electricity grid using the internet of things technology, which can optimise the charging process by automating payments and delivering cost and potential energy savings to customers. IoTecha’s Intelligent Power Platform, IoT.ON, allows private and […]
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  1. Channel: Grocery

Grocery market heading back to normality, data shows

Supermarket sales fell by 1.6% during the 12 weeks to 13 June 2021, new research reveals. The latest take-home grocery figures from Kantar show that while the number of grocery trips remains lower than in pre-Covid times, since last year there has been a 13.1% increase in the number of shopping visits made each month […]
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  1. Operations & Supply Chain

Retail Store Operations: A Guide to Running Multiple Locations

Do you have a solid retail store operations strategy? According to McKinsey’s Future of Retail Operations report, “Brick-and-mortar retail stores need to up their game. Technology could give them a significant boost.” 
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  1. Channel: Mass

Target’s Goals For A “Circular Future”

Fast Company has a story about how “by 2040, Target aims for 100% of its own products to be designed for a circular future.” The goal, the article says, “is part of a larger sustainability strategy by the retailer called Target Forward, which has three main objectives: to design and elevate sustainable brands, to eliminate […]
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  1. Channel: Ecommerce & Digital

Worth Reading: Even As Pandemic Recedes, Grocery Sales Grow

Bloomberg writes that “grocery sales accelerated in late May and early June,” confounding analysts ” who expected robust grocery-store sales to diminish as the year progressed and as vaccinated Americans returned to offices, restaurants and travel. It can’t be explained by inflation, because grocers are also returning to their normal practice of discounting, which partially […]
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  1. Data & Insights

Health and Wellness Market Growth Drivers to Watch: Shoppers Prioritize Dietary Needs and Sustainability Concerns

Concerned Shoppers Are Taking Control During the lockdown months, many shoppers had limited options when it came to their health routines. Some gyms and fitness classes were closed, while plenty of people didn’t feel comfortable returning to in-person workouts anyway. Between those restrictions, a desire to stay healthy (and out of the doctor’s office), and […]
4 min read
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  1. Technology & Innovation

Carrefour: A Customer-centric Tech and Data Transformation

Carrefour: A Customer-centric Tech and Data Transformation Go behind the scenes of Carrefour’s three-year digital transformation and discover the central role data and tech play today in Carrefour’s customer-centric strategy. In this article by The Interface, learn about how Carrefour modernized its e-commerce platforms, developed in-store innovation, initiated an ambitious Datatech and cloud strategy with […]
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  1. Channel: Mass

Walmart’s AI is getting smarter about grocery delivery

It’s no surprise that the coronavirus pandemic has changed the way we shop, especially when it comes to groceries. Grocery delivery apps experienced a record number of downloads in March 2020, and by the following month, Walmart Grocery (which is now integrated into the Walmart app) surpassed Amazon as the No. 1 shopping app on […]
2 min read
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  1. Channel: Dollar/Value

Lidl reaches store milestone

Lidl has reached the milestone of 860 stores in Great Britain and says it remains on track to have 1,000 stores in its portfolio by the end of 2023. The discounter has published its annual list of desired locations across the country where it is interested in acquiring sites for potential store developments. All stores […]
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  1. Media & Marketing

What Is CRM?

If you’re a business owner or if you interface with customers, you’ve probably heard the term “CRM” bantered around. But what is CRM, and what does CRM do? And more importantly, what can a CRM do for your business to help it grow? What is CRM?  CRM stands for Customer Relationship Management, and it’s a […]
4 min read
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  1. Channel: Grocery

Saker Family Opens State-of-the-Art ShopRite in New Jersey

The 91,624-square-foot World Class store opened on June 23 Saker ShopRites opened its new store, the ShopRite at Kings Commons in Middletown, N.J., on June 23 at 7 a.m. with a ceremonial ribbon cutting. The 91,624-square-foot store serves as the anchor tenant in a new retail development located along Route 35 and Kings Highway. “We […]
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  1. Shopper & Customer

Success Criteria of Marketing Measurement for the Modern Digital Marketer

Measurement has long been a critical aspect of efficient marketing practices. That said, marketing technology hasn’t always been as rich in its capabilities as it is today. But as martech has improved over the years, engagement with media has grown increasingly more fragmented, elevating the challenges marketers have in proving the returns on their investments […]
4 min read
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  1. Trends & External Forces

Forrester’s US Retail Recovery Heat Map, June 2021 — Expected Income Loss Still High In Some Metros

Retail recovery is proceeding at different rates in various parts of the US. In May 2021, we adjusted our retail recovery heat map model to include the following factors: Economic sentiment — based on household expected loss of income in the next four weeks Change in cases — 14-day percentage change in cases Saturation of […]
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