QuickWit Weekly QuickWit Weekly (09/09/24) Last Week’s Top Retail News The top retail news and most interesting & most read stories in commerce. RetailWit September 9, 2024September 9, 2024 < 1 min read Data VisualizationInstacartTargetSponsoredRegional GroceryPartnershipsMergersKrogerDept. PerimeterDept. FreshDeliveryData & InsightsAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked 5
Data & Insights SHW Webcast Join YipitData’s Peter Martin and Ryan Fick on Thursday, September 12, 2024, at 11:30 AM EDT for an in-depth analysis of Sherwin-Williams (SHW), where they will explore the company’s market performance and offer strategic insights. In this session, they will cover: Top-line trends for the SHW Paint Stores Group Sell-through trends for the SHW Consumer […] 0 Author Missing September 9, 2024September 9, 2024 < 1 min read Data & InsightsTechnology & InnovationWalmartLowesConsumersBrick and MortarAmazon 0 Saving Bookmark this article Bookmarked
Merchandising Pladis unveils 2024 festive range Pladis has unveiled the McVitie’s festive line-up for 2024 that includes a festive flavour relaunch, seasonal packaging and the return of Christmas assortments and gifting options. Pladis is bringing back the McVitie’s Gingerbread Flavour Milk Chocolate Digestives. The new addition will be joined by festive… This story continues at Pladis unveils 2024 festive range Or […] Talking Retail September 9, 2024September 9, 2024 < 1 min read PackagingHoliday & EventsDept. DairyDept. Beverage 0 Saving Bookmark this article Bookmarked
Trends & External Forces Surf anounces brand relaunch Surf is relaunching its liquid and capsule detergents with new and improved ‘joy infused’ fragrances, made with essential oils that are designed to be “mood boosting, and sensorial pack designs”. A spokesperson for the brand said: “The revamped range taps into the ‘Joy Economy’ which… This story continues at Surf anounces brand relaunch Or just […] Talking Retail September 9, 2024September 9, 2024 < 1 min read EconomyDept. Nonfood 0 Saving Bookmark this article Bookmarked
Corporate Strategy Patagonia Joins Sustainable Packaging Initiative, Seeks Non-Tree-Based Solutions Patagonia has joined the Pack4Good sustainability initiative from Canopy as it seeks next-generation packaging solutions that are made from non-tree sources such as agricultural waste and non-forest alternative fibers. The retailer already uses 100% recycled content for its packaging and catalogs but is seeking solutions that significantly reduce reliance on primary forest resources. Zara parent […] Retail TouchPoints September 9, 2024September 9, 2024 2 min read SustainabilityPackagingMarketing: Social MediaDept. ApparelTechnology & InnovationPredictions and ForecastsPhilanthropyOperations & Supply ChainExecutives 0 Saving Bookmark this article Bookmarked
Channel: Convenience Circle K Owner Issues Response After 7-Eleven Rejects Merger Proposal Alimentation Couche-Tard Inc. has shared an official response to the rejection of its takeover bid of 7-Eleven. RetailWire September 9, 2024September 9, 2024 < 1 min read 7-Eleven & SpeedwayAlimentation Couche-TardMergersCircle K 0 Saving Bookmark this article Bookmarked
Department: Nonfood How Target is courting pet owners with a collection designed by ‘fur-fluencers’ A collection of goods tailored to furry friends is complemented by the retailer’s first reality TV-styled social content and national ads starring mascot Bullseye. MarketingDive September 9, 2024September 9, 2024 < 1 min read TargetDept. PetESG and CSRMarketing: Broadcast 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart leverages Fubo’s takeover ad format to connect content, commerce The Triple Play lets advertisers feature branded video content alongside curated programming and creative assets in a CTV environment. MarketingDive September 9, 2024September 9, 2024 < 1 min read WalmartSustainabilityStreaming 0 Saving Bookmark this article Bookmarked
Data & Insights Family Dollar Selects AI-Powered Solution to Enhance Category Management Family Dollar will use solutions from Dunnhumby to make merchandising and category management more customer-centric across its store network. Dunnhumby will use customer data science as well as consumer-led insights and collaboration to help Family Dollar make merchandising decisions that drive greater engagement with the retailer’s 66 million shoppers. The Family Dollar platform will be […] Retail TouchPoints September 9, 2024September 9, 2024 2 min read MerchandisingShoppersAITechnology & InnovationFamily DollarBrick and MortarBig DatadunnhumbyInsight ProvidersMarketing: Retail MediaData & InsightsDollar TreeMarketing: Social MediaMarketing: UGCPredictions and ForecastsConsumersStrategyStore Location 0 Saving Bookmark this article Bookmarked
Department: Beverage IWSR: Millennials Lead Non-Alcoholic Adult Beverage Sales, Account for 61% of NA Beer Drinkers Millennials are driving the rise of non-alcoholic (NA) adult beverages in the U.S., data firm IWSR reported. Brewbound September 9, 2024September 9, 2024 < 1 min read Dept. BeverageDept. Adult BevConsumersData & Insights 0 Saving Bookmark this article Bookmarked
Shopper & Customer The Next Big Thing in Retail Foodservice: Where Consumers Are Heading Retail foodservice is undergoing a seismic shift, driven by changing consumer preferences, technological advancements, and the desire for convenience without compromising quality according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. As the industry evolves, certain sectors are emerging as the frontrunners, attracting consumers in droves and setting the stage for […] Grocerant Guru September 9, 2024September 9, 2024 4 min read ConsumersTechnology & InnovationDept. GroceryAISustainabilityHealth & WellnessData & InsightsDept. FreshPredictions and ForecastsRestaurantsBrick and MortarInternationalWaWaDept. PerimeterDept. Natural / OrganicTrends: Food and BeveragePackagingMarketing: In StoreMarketing: Loyalty & SubscriptionMarketing: Direct & PersonalizationNestleOperations & Supply ChainDept. BeverageShoppersStore LocationTrends: RetailESG and CSRDept. Fresh PreparedDeliveryCOVID197-Eleven & Speedway 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital 4 keys to getting shipping right for e-commerce SMBs Small-to-medium-sized e-commerce businesses benefit from partnering with a shipping solution that can support their growth. RetailDive September 9, 2024September 9, 2024 < 1 min read Operations & Supply ChainDeliveryPartnershipsMarketing: Social Media 0 Saving Bookmark this article Bookmarked
Corporate Strategy Six issues Brian Niccol will have to fix at Starbucks as he takes over as CEO Former Chipotle CEO Brian Niccol is starting as chief executive of Starbucks. CNBC September 9, 2024September 9, 2024 < 1 min read RestaurantsExecutives 0 Saving Bookmark this article Bookmarked
Retailer Media Why Accurate Retail Media Measurement Is Now Non-Negotiable | DSI “If manufacturers don’t have that shopping list of what it is that they want in return for their investment, they’re effectively giving money [away for] free.” — Gregor Murray, Vice President of Strategy, Digital Commerce Global The retail media business is booming, with ad spend in the category expected to grow to nearly $130 billion […] Digital Shelf Institute September 9, 2024September 9, 2024 10 min read Marketing: Retail MediaData & InsightsResults & InvestmentShoppersStrategyMerchandisingPredictions and ForecastsPodcastsPartnershipsTechnology & InnovationPricing & PromotionsMarketing: TradeAmazonMarketing: Social MediaCompetitionMarketing: ShopperMarketing: In StoreMarketing: Digital MediaSponsoredSustainability 0 Saving Bookmark this article Bookmarked
Media & Marketing Prof G Markets: Why Are Millionaires Moving Abroad? + The Biggest Deals in Podcasting Subscribe to Prof G Markets: Apple Podcasts Spotify Scott and Ed open the show by discussing the UK’s investigation into Microsoft’s Inflection acquihire, as well as Nippon Steel’s potential acquisition of US Steel and Andreesen Horowitz’s decision to close its Miami office. Then Scott shares his thoughts on why millionaires are flocking to the Middle […] The Prof G Show September 9, 2024September 9, 2024 < 1 min read PodcastsMarketing: Social MediaMeta (Facebook)StreamingMarketing: BroadcastAcquisitionTwitterInternational - UKGovernmentDept. Nonfood 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Meta’s Llama 3.1 is Advancing AI and Amazon AWS Helps The evolution of AI has reached a new level with Meta’s Llama 3.1, along with Microsoft’s Orca 2, when it comes to Large Language Models (LLMs). RetailWire September 9, 2024September 9, 2024 < 1 min read AmazonTechnology & InnovationMeta (Facebook)AI 0 Saving Bookmark this article Bookmarked
Trends & External Forces 3 Up, 3 Down: Non-Alc Beer Outpaces Total Bev-Alc, Diverging Trends in Beyond Beer and Spirits In this latest installment of 3 Up, 3 Down, 3 Tier consultant Danelle Kosmal shares a trio of insights on industry growth and three underperforming areas during the summer selling season, with NIQ off-premise data through August 10, 2024. Brewbound September 8, 2024September 8, 2024 < 1 min read Dept. BeverageDept. Adult BevPredictions and ForecastsData & Insights 0 Saving Bookmark this article Bookmarked
Data & Insights Rethinking Work. This post provides an update and a request before we return to regular posts next week. The Update For the past 18 months I have been working on my second book which after having been edited, fact checked, proof read and indexed by a team at HarperCollins is ready to go into production in Hardcover, […] Rishad Tobaccowala September 8, 2024September 8, 2024 4 min read Technology & InnovationAIAmazonData & InsightsGeneral BusinessWalmartAssociatesBrick and MortarMetaverseMerchandisingTrends: TechPredictions and ForecastsDept. NonfoodResults & InvestmentDeliveryExecutives 0 Saving Bookmark this article Bookmarked
Stores & Formats Legacy Grocery Store Market Share Capitulation a Continuing Trend It’s clear that legacy grocery stores, once the dominant force in food retail, are now navigating a challenging landscape marked by significant market share capitulation according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. This shift has been driven by three prominent trends: the encroachment of dollar stores, drug stores, and […] Grocerant Guru September 8, 2024September 8, 2024 5 min read Brick and MortarConsumersDept. GroceryRestaurantsLidlRegional GroceryData & InsightsAldiCompetitionMarketing: Social MediaDept. FreshWaWaDeliveryShoppersCOVID19Food DeliveryDept. PerimeterWalgreensStore FormatOwned Brands (Private Label)Predictions and ForecastsTwitterMeta (Facebook)MerchandisingCVSStrategyTrends: RetailUbereatsDollar GeneralDoorDashESG and CSRGrubhubOperations & Supply ChainMarketing: Loyalty & Subscription7-Eleven & Speedway 0 Saving Bookmark this article Bookmarked
Media & Marketing Inflation and Private Label with NielsenIQ’s Steve Zurek The CPGGUYS are joined in this episode by Steve Zurek, VP of thought leadership at NielsenIQ. Sri and Steve have a debate and dialogue on private label leadership, the current inflationary trends and the display pressure of the store environment and a reality check on what’s really true at retail vs sensationalizing the outcomes.Find Steve […] The CPG Guys September 7, 2024September 7, 2024 2 min read EconomyInsight ProvidersPodcastsOwned Brands (Private Label)Marketing: Social MediaStreamingMarketing: BroadcastConsumersPepsiCoSustainabilityData & InsightsStrategyPredictions and ForecastsTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Shopper & Customer Foodservice Retail Discontinuity Continues Driven by Gen Z and Millennial Adoption Notice was first given in 1991 when Foodservice Solutions®, Grocerant Guru® Steven Johnson, warned foodservice industry professionals about the shifting consumer mindset at COEX. Then, in 1996, Johnson coined the term “grocerants” in an Op-Ed article published in both FoodService Director and Nation’s Restaurant News. Fast forward to today, and the foodservice industry is […] Grocerant Guru September 7, 2024September 7, 2024 3 min read ConsumersDept. GroceryRestaurantsData & InsightsBrick and MortarMarketing: Social MediaDept. FreshDeliveryDept. PerimeterAmazonTescoFood DeliveryLidlMeta (Facebook)TwitterConsultingRegional GroceryDept. Fresh PreparedInternational - UKOperations & Supply ChainMarketing: Loyalty & SubscriptionPredictions and ForecastsESG and CSRDept. FrozenResults & InvestmentShoppersStrategyGrubhubWalmartAldi 0 Saving Bookmark this article Bookmarked
Media & Marketing What Price Loyalty? | Big story Clever marketing ploy or brazen rip-off? Whatever your view of loyalty pricing, it’s hard to miss at the moment. Tesco is pushing hard on its Clubcard Prices though TV advertising, while rival multiples including Sainsbury’s, Morrisons and the Co-op have jumped on board with their… This story continues at What Price Loyalty? | Big story […] Talking Retail September 6, 2024September 6, 2024 < 1 min read Marketing: Loyalty & SubscriptionTescoMarketing: Broadcast 0 Saving Bookmark this article Bookmarked
Corporate Finance Red Lobster Receives Court Approval for Chapter 11 Plan, Set To Exit Bankruptcy Just announced on its website, Red Lobster Management LLC has secured court approval for its Chapter 11 reorganization plan, paving the way for the restaurant chain’s exit from bankruptcy. RetailWire September 6, 2024September 6, 2024 < 1 min read BankruptcyRestaurants 0 Saving Bookmark this article Bookmarked
Department & Category More than 47M people live in food-insecure households, USDA reports More than 13% of U.S. households were food insecure in 2023, a slight uptick from the year before and a significant increase compared to 2020. Grocery Dive September 6, 2024September 6, 2024 < 1 min read Dept. GroceryConsumers 0 Saving Bookmark this article Bookmarked
Channel: Grocery The Friday Checkout: How strong can C&S be without Safeway? In a letter that surfaced during the federal Kroger-Albertsons merger trial, C&S told the FTC it would be able to “compete more effectively” if the grocers divest a stronger banner. Grocery Dive September 6, 2024September 9, 2024 < 1 min read Regional GroceryAlbertsons / SafewayMergersKrogerGovernmentDivestitures 0 Saving Bookmark this article Bookmarked
Channel: Grocery Save A Lot renovation project wraps up in Chicago Ownership group Yellow Banana has reopened the first of six grocery stores it upgraded with support from a city grant. Grocery Dive September 6, 2024September 6, 2024 < 1 min read Save A LotBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart Taps StockX to Bolster Marketplace Sneaker Assortment Walmart has forged a new partnership with StockX that will bring pre-verified sneakers from the resale site to the retailer’s online marketplace. With this partnership, StockX will bring “hundreds of listings” to Walmart’s site, reaffirming the company’s focus on growing its resale business, according to Bloomberg. Although specific styles were not shared, brands ranging from […] Retail TouchPoints September 6, 2024September 6, 2024 < 1 min read WalmartRecommercePartnershipsDept. ApparelMerchandisingMarketing: Social MediaOmnichannelConsumersOperations & Supply ChainAmazon 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Amazon Fresh: The Copycat Grocer Abandoning Innovation for Imitation From the outset, Amazon has been synonymous with innovation. The company disrupted the entire retail landscape with its commitment to price competitiveness, customer-centric operations, and an unmatched logistical network. Now then according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® believes, in a perplexing pivot, Amazon Fresh has devolved into a […] Grocerant Guru September 6, 2024September 6, 2024 4 min read AmazonDept. FreshConsumersData & InsightsTechnology & InnovationShoppersTescoOperations & Supply ChainDeliveryInternationalTech: CashierlessRestaurantsRegional GroceryPricing & PromotionsPredictions and ForecastsOwned Brands (Private Label)International - UKMarketing: Loyalty & SubscriptionMarketing: In StoreKrogerBrick and MortarDept. NonfoodWalmartAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Department: Nonfood The Growing Pet Wellness Market: Trends and Opportunities for Retailers By Matt Simon, Executive Director, Retail Ask any pet parent and they’ll likely agree: The saying “you’re only as happy as your saddest child” doesn’t just apply to the parents of humans. Our Shopper Insights Survey found 86% of respondents in households with a dog or a cat said their pets contribute to their overall […] Circana September 6, 2024September 6, 2024 3 min read Dept. PetConsumersHealth & WellnessDept. GroceryInsight ProvidersDept. RefrigeratedThick DataDept. FreshData & InsightsExecutivesEconomyShoppersOwned Brands (Private Label)Dept. Natural / OrganicCOVID19Dept. Toys & GamesBig DataESG and CSRDept. NonfoodAssociates 0 Saving Bookmark this article Bookmarked
Trends & External Forces In Vitro Diagnostics Quality Controls: Safeguarding Precision in Diagnostics Worldwide introduction: In vitro diagnostics (IVD) have become indispensable in modern healthcare, helping clinicians diagnose, monitor, and treat diseases precisely. These tests are crucial in patient care, from detecting infectious diseases to assessing chronic conditions. But behind every accurate and reliable test lies a robust system of quality controls (QCs), ensuring that these diagnostic tools deliver […] BCC Research September 6, 2024September 6, 2024 < 1 min read Marketing: Social MediaHealth & WellnessDept. Nonfood 0 Saving Bookmark this article Bookmarked
Technology & Innovation The cloud hosting dilemma: navigating the options for your business Deciding on cloud hosting for your business can feel like venturing into a labyrinth of technical jargon and endless options. With promises of scalability, cost-efficiency, and security, the cloud offers undeniable benefits, but how do you choose the right path for your business? The truth is, cloud hosting isn’t a one-size-fits-all solution. Different businesses have […] Retail Technology Innovation Hub September 6, 2024September 6, 2024 4 min read Technology & InnovationData & InsightsOperations & Supply ChainMarketing: Social MediaMarketing: In StoreSustainabilityPricing & PromotionsAssociatesResults & InvestmentDept. NonfoodShoppersStrategyTargetHealth & WellnessTwitter 0 Saving Bookmark this article Bookmarked
Corporate Strategy Corporate Strategy Six issues Brian Niccol will have to fix at Starbucks as he takes over as CEO Former Chipotle CEO Brian Niccol is starting as chief executive of Starbucks. Written by CNBC September 9, 2024September 9, 2024 Saving Bookmark this article Bookmarked
Channel: Grocery Acquisitions, Divestitures & Mergers Trends & External Forces The Friday Checkout: How strong can C&S be without Safeway? In a letter that surfaced during the federal Kroger-Albertsons merger trial, C&S told the FTC it would be able to “compete more effectively” if the grocers divest a stronger banner. Written by Grocery Dive September 6, 2024September 9, 2024 Saving Bookmark this article Bookmarked
Channel: Mass Channel: Mass Walmart Tops List of Leading US Retailers By 2023 Sales Walmart leads Forrester’s 2023 US retailer ranking, with Amazon in second. The top 10, representing 38% of total retail sales, remain unchanged from 2022. Walmart has once again secured the top position in Forrester’s annual ranking of the 67 largest US retailers (ranked by 2023 US net retail sales), with Amazon following closely in second […] Written by Forrester September 5, 2024September 9, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Increasing ROI From In-Store Promotions The post Increasing ROI From In-Store Promotions appeared first on SPINS. Written by Spins September 5, 2024September 5, 2024 Saving Bookmark this article Bookmarked
Shopper & Customer Data & Insights Shopper & Customer Trends & External Forces Charts: U.S. Consumer Outlook Q3 2024 Per a new McKinsey survey, U.S consumers are increasingly optimistic about the economy. Some even “splurged” on spending this summer. The post Charts: U.S. Consumer Outlook Q3 2024 appeared first on Practical Ecommerce. Written by Practical Ecommerce September 5, 2024September 9, 2024 Saving Bookmark this article Bookmarked