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. RetailWit January 30, 2023January 30, 2023 2 min read AssociatesHealth & WellnessSustainabilityDept. GroceryHoliday & EventsWhole FoodsPricing & PromotionsAmazonWalmartTechnology & InnovationTargetStore LocationResults & InvestmentMondelezPhilanthropyPartnershipsKrogerGoogleExecutivesDollar GeneralBest BuyAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked 5
Holiday & Events Busch Light enlists Sarah McLachlan for Super Bowl LVII The beer brand’s game day commercial will revive the singer’s ASPCA anthem, “Angel,” as part of a playful miscommunication about outdoor survival tips. MarketingDive January 31, 2023January 31, 2023 < 1 min read Holiday & EventsDept. BeverageDept. Adult Bev 0 Saving Bookmark this article Bookmarked
CPG: Adult Beverage Molson Coors and DraftKings turn Super Bowl ad into betting opportunity The high-stakes tie-up challenges consumers to bet on various aspects of the brewer’s big game spot for the chance to win a portion of a $500,000 prize. MarketingDive January 31, 2023January 31, 2023 < 1 min read CPG: Adult BeverageHoliday & EventsConsumers 0 Saving Bookmark this article Bookmarked
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 […] Grocerant Guru January 31, 2023January 31, 2023 4 min read RestaurantsConsumersSustainabilityAssociatesDept. GroceryData & InsightsShoppersPartnershipsUnileverResults & InvestmentStore LocationCustomer ExperienceDept. FreshHealth & WellnessTechnology & InnovationGovernmentPricing & PromotionsDept. HBCDept. PerimeterEconomyExecutivesOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Online grocery sales projected to grow 11.7% over five years Pickup will account for more than half of share by 2027, Brick Meets Click/Mercatus report predicts Supermarket News January 30, 2023January 30, 2023 < 1 min read Predictions and ForecastsBOPIS 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Amazon hikes grocery delivery fees for Prime members The benchmark for free delivery increases from over $50 to more than $150 Supermarket News January 30, 2023January 30, 2023 < 1 min read DeliveryAmazonPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
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 […] Retail Remix Podcast January 30, 2023January 30, 2023 < 1 min read Technology & InnovationDept. FuelInclusivityTrends: RetailIndustry Conferences and EventsData & Insights 0 Saving Bookmark this article Bookmarked
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 […] Branding Strategy January 30, 2023January 30, 2023 4 min read StrategyConsumersMarketing: BrandShoppersHealth & WellnessPredictions and ForecastsDept. FreshTechnology & InnovationMarketing: Loyalty & SubscriptionDept. PerimeterBrick and MortarThick DataCompetitionOwned Brands (Private Label)ConsultingResults & InvestmentMarketing: Direct & PersonalizationDeliveryDept. LaundryEconomyAssociatesAcquisition 0 Saving Bookmark this article Bookmarked
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. ChargedRetail January 30, 2023January 30, 2023 < 1 min read UnileverExecutivesInternational - UKTechnology & InnovationDept. HBCConsumers 0 Saving Bookmark this article Bookmarked
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 […] Retail TouchPoints January 30, 2023January 30, 2023 < 1 min read Bed Bath & BeyondBrick and MortarBankruptcyOperations & Supply ChainShoppersResults & InvestmentPartnershipsDept. Fresh 0 Saving Bookmark this article Bookmarked
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 […] Talking Retail January 30, 2023January 30, 2023 < 1 min read Dept. FreshResults & InvestmentSustainability 0 Saving Bookmark this article Bookmarked
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 […] Talking Retail January 30, 2023January 30, 2023 < 1 min read Dept. BakeryHoliday & EventsConsumersDept. Dairy 0 Saving Bookmark this article Bookmarked
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, […] James Kelley January 30, 2023January 30, 2023 3 min read DeliveryOperations & Supply ChainShoppersMarketing: Direct & PersonalizationSustainabilityData & InsightsConsumersCustomer ExperienceBig DataHealth & WellnessOmnichannelPackagingPredictions and ForecastsBOPISInternationalDept. NonfoodEconomyStore LocationMetaverseDept. HBCMarketing: In StoreInsight ProvidersInclusivityThick DataDept. Natural / OrganicDept. FuelAssociates 0 Saving Bookmark this article Bookmarked
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 […] Yves Dupuis January 30, 2023January 30, 2023 2 min read AssociatesTechnology & InnovationShoppersConsumersCustomer ExperienceBrick and MortarMarketing: In StoreDept. NonfoodExecutivesHoliday & EventsPredictions and ForecastsCOVID19 0 Saving Bookmark this article Bookmarked
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 […] MorningNewsBeat January 30, 2023January 30, 2023 2 min read Predictions and ForecastsEconomyDept. NonfoodCOVID19Marketing: In StoreAmazonUnileverThick DataHealth & WellnessDeliveryConsumersBrick and MortarBOPIS 0 Saving Bookmark this article Bookmarked
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 […] MorningNewsBeat January 30, 2023January 30, 2023 2 min read Dept. PharmacyCVSWalmartBrick and MortarWalgreensHealth & WellnessCOVID19Store LocationAssociatesMarketing: UGCEconomy 0 Saving Bookmark this article Bookmarked
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 […] MorningNewsBeat January 30, 2023January 30, 2023 2 min read RestaurantsCOVID19Dept. GroceryConsumersStreamingTechnology & InnovationDeliveryEconomyHealth & WellnessInternational - North AmericaOperations & Supply ChainBOPISPricing & PromotionsStrategyMarketing: Digital MediaAssociates 0 Saving Bookmark this article Bookmarked
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 […] MorningNewsBeat January 30, 2023January 30, 2023 2 min read ShoppersDept. GroceryStrategyMarketing: Loyalty & SubscriptionTechnology & InnovationResults & InvestmentPredictions and ForecastsDept. PerimeterDept. FreshData & InsightsCOVID19Brick and MortarBOPISBed Bath & BeyondBankruptcy 0 Saving Bookmark this article Bookmarked
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 […] Digital Shelf Institute January 30, 2023January 30, 2023 9 min read MerchandisingData & InsightsConsumersPodcastsMarketing: In StoreMarketing: SocialPredictions and ForecastsExecutivesOmnichannelWalmartOperations & Supply ChainTikTokAmazon 0 Saving Bookmark this article Bookmarked
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 […] Tom Fishburne January 30, 2023January 30, 2023 2 min read Fun & HumorDept. NonfoodTechnology & InnovationTech: RoboticsDept. AppliancesTech: IoTShoppersData & InsightsTargetConsumersGoogleAcquisitionMarketing: SocialMeta (Facebook) 0 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit ASOS embarks on unsold stock partnership with Secret Sales ASOS has embarked on a new partnership where its unsold stock will be sold on Secret Sales’ website. Secret Sales customers will be able to shop… View Article The Retail Bulletin January 30, 2023January 30, 2023 < 1 min read PartnershipsDept. Apparel 0 Saving Bookmark this article Bookmarked
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 […] MMR January 30, 2023January 30, 2023 < 1 min read Dollar GeneralConsumersPartnershipsExecutivesResults & InvestmentMerchandisingMarketing: TradeDept. Apparel 0 Saving Bookmark this article Bookmarked
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 […] MMR January 30, 2023January 30, 2023 2 min read Holiday & EventsPredictions and ForecastsEconomyConsumersWeatherSustainabilityExecutivesRestaurantsDept. OTCDept. Fuel 0 Saving Bookmark this article Bookmarked
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 […] MMR January 30, 2023January 30, 2023 4 min read WalmartTechnology & InnovationAssociatesExecutivesCOVID19Operations & Supply ChainStrategyTech: AR and VRMetaverseAI / MLInclusivityOmnichannelBrick and MortarIndustry Conferences and EventsConsumersMarketing: Loyalty & SubscriptionDept. Natural / OrganicUnileverDept. NonfoodTech: AISustainabilityEconomyPredictions and ForecastsPodcasts 0 Saving Bookmark this article Bookmarked
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 […] MMR January 30, 2023January 30, 2023 3 min read KrogerShoppersAssociatesDept. GrocerySustainabilityCOVID19ExecutivesEconomyDept. Natural / OrganicPricing & PromotionsTechnology & InnovationOwned Brands (Private Label)Marketing: TradeHealth & WellnessDept. FreshConsumersDept. NonfoodResults & InvestmentOmnichannelOperations & Supply ChainData & InsightsDeliveryDept. Toys & GamesPackagingDept. Perimeter 0 Saving Bookmark this article Bookmarked
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 […] MMR January 30, 2023January 30, 2023 < 1 min read Dept. PharmacyHealth & WellnessExecutivesDept. HBC 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers JPG Resources acquires R&D arm of RodeoCPG Transaction enables development of technology-enabled sales management offering for food and beverage brands. Food Business News January 30, 2023January 30, 2023 < 1 min read AcquisitionDept. BeverageTechnology & InnovationDept. Grocery 0 Saving Bookmark this article Bookmarked
CPG: Food New Oreos come with more Oreos Oreo is known for coming up with a variety of different flavors and colors to keep its fans hooked. The newest intro will be an Oreo-stuffed Oreo that comes with more creme filling and ground-up Oreo cookies mixed in. The limited edition cookies will begin showing up in stores on Jan. 30. RetailWire January 30, 2023January 30, 2023 < 1 min read MondelezBrick and Mortar 0 Saving Bookmark this article Bookmarked
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 […] ChargedRetail January 29, 2023January 29, 2023 < 1 min read ShoppersInternational - UKTechnology & InnovationDept. Apparel 0 Saving Bookmark this article Bookmarked
Data & Insights Saks Fifth Avenue Redesigns NYC Flagship’s Men’s Department, Expands Offerings Retail TouchPoints January 29, 2023January 29, 2023 3 min read Data & InsightsDept. ApparelAssociatesFlagship StoresShoppersMerchandisingPricing & PromotionsESG and CSRMarketing: In StoreMarketing: SocialPartnershipsDept. Natural / Organicsocial commerceDeliveryStrategyBrick and MortarWeather 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Slideshow: New products from the Winter Fancy Food Show Products aimed at elevating the home cook’s experience take center stage at the Las Vegas show. Food Business News January 29, 2023January 29, 2023 < 1 min read Industry Conferences and EventsDept. Grocery 0 Saving Bookmark this article Bookmarked
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. Written by RetailWit January 30, 2023January 30, 2023 Saving Bookmark this article Bookmarked
Associates & Employees Associates & Employees Stores & Formats Louisville Trader Joe’s workers elect to unionize Employees at a store in the Kentucky city voted 48-36 to join Trader Joe’s United yesterday, making the location the third in the chain where associates have opted to become part of the union. Written by Grocery Dive January 28, 2023January 28, 2023 Saving Bookmark this article Bookmarked
Technology & Innovation CPG: Beverage Channel: Delivery Channel: Ecommerce & Digital Channel: Mass Department: Consumer Durables Department: Food Department: HBC Department: Nonfood Corporate Strategy Corporate Finance ESG Partnerships & Alt Profit Media & Marketing Data & Insights International Shopper & Customer Start Ups Technology & Innovation Trends & External Forces Associates & Employees Operations & Supply Chain 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 […] Written by Retail Technology Innovation Hub January 28, 2023January 28, 2023 Saving Bookmark this article Bookmarked
Technology & Innovation Channel: Mass Department: Consumer Durables Department: Nonfood Corporate Strategy Corporate Finance ESG Partnerships & Alt Profit Media & Marketing Agencies & Vendors Retail Ecosystem Data & Insights International Shopper & Customer Technology & Innovation Trends & External Forces Retail Operations Operations & Supply Chain 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 […] Written by Rethink Retail January 28, 2023January 28, 2023 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Corporate Finance Bed Bath & Beyond can’t pay its bills Bed Bath & Beyond yesterday warned that it does not have sufficient cash to pay down its debts. The retailer defaulted on a credit line with JP Morgan and said in a securities filing that it is considering “all strategic alternatives, including restructuring its debt under the U.S. Bankruptcy Code.” Written by RetailWire January 28, 2023January 28, 2023 Saving Bookmark this article Bookmarked