1. Media & Marketing
Download full TikTok Shop report Access chart in Dash. TikTok Shop could be part of brands’ strategy to get younger shoppers spending on apparel and accessories, a spending segment in which they lag other cohorts. Gen Z adults between 18 to 24 are 3.2x as likely to spend at TikTok Shop than the average shopper, eclipsing […]
  1. Media & Marketing
In the fiercely competitive retail landscape, loyalty programs stand as a pivotal point of differentiation. The 2024 outlook underscores a strategic pivot toward crafting loyalty programs that not only incentivize but also personalize the shopping experience, drawing on trust and engagement as key drivers. Incorporating the latest feedback from Wiser customers, we delve deeper into […]
  1. Department & Category
  It’s at the intersection of yesterday fast-food restaurant and playground and time starved consumers that today’s consumers is opting for fresh food fast and simple according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®.  The drive-thru has been a fast-food staple for decades, but the way we get our burgers and […]
  1. Department: Food
Consumer Reports has completed an extensive review of pesticides in 59 types of fruits and vegetables commonly found in the U.S. The study analyzed seven years of data from the U.S. Department of Agriculture, revealing concerning findings about pesticide residues in our food.
  1. Media & Marketing
[Update as of 4/19/2024] Wayfair has provided more details on its inaugural large-format store. The 150,000-square-foot location will open on May 23, 2024 in Wilmette, Ill.’s Edens Plaza. The grand opening celebration that weekend will feature exclusive deals and family-friendly activities for shoppers; further details will be made available here in the run-up to the […]
  1. Channel: Restaurants
  Regular readers of this blog know that for decades, grocery stores reigned supreme as the go-to for meal preparation and home meal replacement. However, the evolving consumer has been migrating.  Recent trends show a shift in consumer behavior, with restaurants steadily chipping away at the grocery sector’s market share. According to Steven Johnson Grocerant […]
  1. Department & Category
Food sales in shops fell slightly in March compared with the previous month, according to official figures. The latest numbers from the Office for National Statistics (ONS) show that sales in food retailers fell while overall retail sales remained flat and non-food stores saw a… This story continues at Cautious optimism remains despite slight fall […]
  1. Data & Insights
Identity is a big topic in data-driven marketing. Advertisers want to target consumers at the person level, publishers want to monetize their audiences, and identity is crucial to ensure that the “John Smith” the brand is trying to reach and the “John Smith” currently shopping on Amazon, scrolling through TikTok, or searching for a weekend […]
  1. Data & Insights
Webinar Navigating AI in Marketing Mix Modeling:Risk and Rewards Discover how Artificial Intelligence is reshaping the marketing measurement landscape and learn how to leverage that power to optimize your Marketing Mix Modeling approach. Watch the webinar Webinar Navigating AI in Marketing Mix Modeling:Risk and Rewards Watch the webinar Are you ready to explore the transformative […]
  1. Channel: Home Improvement
Lowe’s has partnered with the world’s best-known soccer player, Lionel Messi, and his MLS Club Inter Miami CF, for programs that spotlight Messi’s skills at assisting on the field. Members of both the MyLowe’s Rewards and MVPs Pro Rewards loyalty programs will receive an “assist” in the form of 100 points to bring them closer […]
  1. Technology & Innovation
Two weeks ago, a podcast with a “top 1%” audience, whose listener net worth averaged $2.5 million, asked me to join as a guest. The host was familiar with my work, citing a recent CNBC appearance, and seemed ready to hold an engaging conversation. It seemed worthwhile, except the podcast was fake.  With a bit […]
  1. Media & Marketing
Synthetic biology is a multidisciplinary field of science that combines engineering principles with biology to create new biological systems or to redesign existing natural systems. It involves creating artificial biological systems for practical uses in energy, medicine, and the environment. The main aim is to design biological systems for specific tasks, using genetic engineering to […]
  1. Trends & External Forces
Independent retailers in Scotland have given a mixed reaction to the Scottish government’s announcement that it intends to increase the minimum unit price on alcohol. The Scottish government has said that the minimum price per unit will rise from 50p to 65p at the end… This story continues at Rise in minimum alcohol price in […]
  1. International
Every 500ml bottle of Neo Wtr, produced by Brookfield Drinks, is made using discarded plastic that has been collected along coastlines at-risk of ocean plastic pollution. With a fully recyclable bottle, label, and cap, Neo Wtr is a Somerset-sourced spring water, bottled in the UK.… This story continues at New bottled water with environmental credentials […]
  1. Department & Category
The Retail Think Tank (RTT) said this week that this spring and summer could see the start of a much-needed improvement in the UK’s retail fortunes. The RTT, set up more nearly 20 years ago by accountants KPMG and data analyst Ipsos Channel Performance, allows… This story continues at Food sales poised to lead retailers […]
  1. Shopper & Customer
Louisa Serene Schneider did not set out to be a CEO, let alone a founder. But inspiration struck while she was working for a retail-focused hedge fund and realized the lack of safe piercing options for consumers. This white space became even more obvious to Schneider when she was looking for a safe place to […]
  1. Shopper & Customer
Today’s guest post comes from Jim Sheninger, Pharmacy Strategy Officer at GoodRx. Jim describes GoodRx’s emerging pharmacy contracting strategies. In addition to working through pharmacy benefit managers (PBMs), GoodRx now also contracts directly with Walgreens, CVS, and other national and regional pharmacies. These direct agreements are based on acqusition cost, which helps pharmacies stabilize gross […]
  1. Trends & External Forces
NEW YORK, NY — EZ Newswire, an AI-enabled platform that makes it easy for businesses to create and publish their news, today announced that it was selected as a winner in The MBA Fund’s sixth annual pitch competition for pre-seed and seed startups. In addition to the investment from The MBA Fund, Contour Ventures committed […]
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  1. ESG
  2. Data & Insights
  3. Operations & Supply Chain
Using event-driven architecture (EDA), retailers must link essential data at speed and scale throughout their ecosystems near and far to come to grips with now essential environmental, social and governance (ESG) reporting in three key areas. 1. Dead Heading — Optimizing Transportation/Emissions on Every Journey When it comes to transportation within the retail sector, any […]
  1. Technology & Innovation
  2. Channel: Dollar/Value
  3. Channel: Ecommerce & Digital
  4. Channel: Grocery
  5. Department: Food
  6. Corporate Strategy
  7. Media & Marketing
  8. Shopper & Customer
  9. Technology & Innovation
  10. Trends & External Forces
  11. Retail Operations
  12. Merchandising
  13. Stores & Formats
It recently emerged that Amazon’s Just Walk Out offering is being dropped from Amazon Fresh stores. However, it’s not checkout-free tech that’s failing, it’s the fact that Amazon’s checkout free solution doesn’t work, especially in grocery retailers, argues Will Glaser, Founder and CEO at Grabango. In the dynamic grocery retail landscape, a transformative wave is […]