QuickWit Weekly QuickWit Weekly (04/22/24) Last Week’s Top Retail News The top retail news and most interesting & most read stories in commerce. RetailWit April 22, 2024April 25, 2024 < 1 min read Predictions and ForecastsData VisualizationSponsoredLegal & CriminalData & InsightsAmazon 0 Saving Bookmark this article Bookmarked 5
Partnerships & Alt Profit Mud House partners with Coolstays Mud House is teaming up with Coolstays – the home of unique and unusual places to stay across the UK, Europe and worldwide – to launch a new on-pack promotion. For five months fifteen Mud House shoppers will win a getaway, with an additional £1000… This story continues at Mud House partners with Coolstays Or […] Talking Retail April 25, 2024April 25, 2024 < 1 min read PartnershipsShoppersPredictions and ForecastsInternational - UKDept. Adult Bev 0 Saving Bookmark this article Bookmarked
Department: Food Country Choice appoints allergen awareness ambassador Country Choice, the provider of in-store bakery solutions for the convenience retail sector, has appointed its technical manager, Kerry Primarolo, as an ambassador for allergen awareness. Primarolo will be providing training to colleagues so that they can help customers to identify best practice in allergen… This story continues at Country Choice appoints allergen awareness ambassador […] Talking Retail April 25, 2024April 25, 2024 < 1 min read Predictions and ForecastsMarketing: In StoreDept. PerimeterDept. Bakery 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Co-op further drives growth ambitions with appointment of former Lidl property boss Rachel Hargreaves has joined Co-op as director of property, development and estates, as the convenience retailer drives strategic growth plans. Joining Co-op from Lidl Great Britain, Rachel’s position involves a focus on ensuring Co-op is at the forefront of landowners, developers and agents minds as… This story continues at Co-op further drives growth ambitions with […] Talking Retail April 25, 2024April 25, 2024 < 1 min read LidlPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
International Promotional feature Boost your sales by tapping into the demand for spicy snacks PepsiCo explores the rising demand for spicy snacks amongst UK consumers, why working together is key to maximise the growth opportunity NPD has to offer, and how momentum can be maintained in the months ahead. Heating up the Savoury Snacking category Snacking remains hugely popular… This story continues at Promotional feature Boost your sales by […] Talking Retail April 25, 2024April 25, 2024 < 1 min read PepsiCoConsumersPredictions and ForecastsInternational - UK 0 Saving Bookmark this article Bookmarked
Technology & Innovation TelevisaUnivision to Debut Shoppable TV Experience at Latin American Music Awards Spanish-language media and content company TelevisaUnivision has partnered with Shopsense AI to make some of its programming, on both linear and streaming platforms, shoppable. Using onscreen QR codes and dedicated URLs, the Shopsense technology makes onscreen content shoppable via mobile devices by directing viewers to a show-specific digital store. The partnership will kick off […] Retail TouchPoints April 25, 2024April 25, 2024 2 min read Technology & InnovationAIPartnershipsMarketing: BroadcastIndustry Conferences and EventsMarketing: Retail MediaStreamingMarketing: Digital MediaMarketing: Social MediaConsumersAmazonMarketing: Loyalty & SubscriptionPredictions and ForecastsInternational - North AmericaExecutivesWalmart 0 Saving Bookmark this article Bookmarked
Data & Insights Nurturing future leaders: Celebrating the graduates of Nielsen’s Diverse Leadership Network program Nielsen’s 2024 Diverse Leadership Network graduates strike the #inspireinclusion pose for International Women’s Day Nielsen is focused on creating a better media future for all people, and that starts inside our own company, with our people. One of our leadership development programs is the Diverse Leadership Network (DLN). Through the DLN, we are investing in […] Nielsen April 25, 2024April 25, 2024 2 min read Insight ProvidersBig DataPredictions and ForecastsInclusivityInternationalExecutivesAssociatesSustainabilityTrends: MarketingData & InsightsDept. Fresh 0 Saving Bookmark this article Bookmarked
Media & Marketing 2024 Annual Marketing Report 2024 Annual Marketing Report Maximizing ROI in a fragmented world Discover how global marketers are allocating budgets, measuring success and what these trends mean for your own impact planning. Download the report 2024 Annual Marketing Report Maximizing ROI in a fragmented world Discover how global marketers are allocating budgets, measuring success and what these trends […] Nielsen April 25, 2024April 25, 2024 2 min read Marketing: Social MediaPredictions and ForecastsInsight ProvidersBig DataDanoneData & InsightsMarketing: Retail MediaReturnsTechnology & InnovationStrategyThick DataDept. NonfoodStreamingOperations & Supply ChainTargetESG and CSREconomyConsumers 0 Saving Bookmark this article Bookmarked
Channel: Mass Video Forum: Kevin Host, Walmart Kevin Host, senior vice president of pharmacy at Walmart and incoming NACDS chairman, talks about the state of the association and the industry it represents. Host discusses his priorities at NACDS, including DIR reform and expanded scope of practice for pharmacists, as well as efforts to foster innovation and build synergies between pharmacy and the […] MMR April 25, 2024April 25, 2024 < 1 min read WalmartDept. PharmacyExecutivesTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Department: Nonfood Swipe fee costs average household more than $1,100 WASHINGTON – Soaring credit and debit card swipe fees cost the average U.S. household more than $1,100 last year, the Merchants Payments Coalition said. “American families should not get bilked for more than $1,100 each year on swipe fees,” MPC Executive Committee member and National Retail Federation Senior Director of Government Relations Dylan Jeon said. […] MMR April 25, 2024April 25, 2024 2 min read Dept. NonfoodGovernmentResults & InvestmentConsumersCompetitionLegal & CriminalExecutivesCOVID19Associates 0 Saving Bookmark this article Bookmarked
Shopper & Customer Mother’s Day spending expected to hit $33.5 billion WASHINGTON – Mother’s Day spending is expected to reach $33.5 billion this year, according to the annual consumer survey by the National Retail Federation and Prosper Insights & Analytics. The figure is the second highest in the history of the survey, following last year’s record $35.7 billion. “Mother’s Day is a time to celebrate the […] MMR April 25, 2024April 25, 2024 2 min read ConsumersDept. NonfoodHoliday & EventsThick DataExecutivesData & InsightsBrick and MortarShoppersStrategy 0 Saving Bookmark this article Bookmarked
Department & Category FMI taps Julie Savoie to lead workforce initiatives ARLINGTON, VA – FMI – The Food Industry Association, has tapped Julie Savoie to lead the association’s strategic direction for, and implementation of, member workplace and workforce initiatives. She will also help oversee the FMI sustainability agenda. Julie Savoie “Workforce capabilities are one of FMI’s Imperative Issues and have become particularly urgent in recent years,” […] MMR April 25, 2024April 25, 2024 2 min read SustainabilityAssociatesPredictions and ForecastsUnileverMarketing: Social MediaExecutivesDept. NonfoodDept. GroceryData & InsightsConsumers 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart removes self-checkout from select stores The retailer joins other Target, Dollar General and other chains in recalibrating its reliance on self-service and rethinking the checkout experience. Grocery Dive April 25, 2024April 25, 2024 < 1 min read WalmartTech: CashierlessBrick and MortarDollar GeneralTarget 0 Saving Bookmark this article Bookmarked
Media & Marketing Grocery e-commerce sales predicted to grow 3 times faster than in-store sales, report finds Brick Meets Click’s latest five-year forecast notes that pickup will continue to dominate over delivery and ship-to-home. Grocery Dive April 25, 2024April 25, 2024 < 1 min read Marketing: In StorePredictions and ForecastsDeliveryBOPIS 0 Saving Bookmark this article Bookmarked
Channel: Delivery Foxtrot, Dom’s sued amid mass layoff A class action complaint claims the companies violated the WARN Act by failing to give its employees at least 60 days notice of the mass layoff Grocery Dive April 25, 2024April 25, 2024 < 1 min read Q CommerceAssociates 0 Saving Bookmark this article Bookmarked
Channel: Grocery Albertsons accepting supplemental health benefits with new partnership NationsBenefits members can now buy approved healthy groceries at the supermarket operator’s banners. Grocery Dive April 25, 2024April 25, 2024 < 1 min read Health & WellnessRegional GroceryPartnershipsAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Technology & Innovation Simon Adds VIP Suite to Kick Off Woodbury Common Expansion Mall operator Simon revealed big plans to expand its Woodbury Common Premium Outlet center in Fall 2023, including the addition of 155,000 square feet of retail stores and restaurants, a 200-key luxury hotel, a second parking facility and upgraded amenities. To cement the center’s image as a luxury destination, the first enhancement will be a […] Retail TouchPoints April 25, 2024April 25, 2024 2 min read Technology & InnovationAIBrick and MortarShoppersPredictions and ForecastsCustomer ExperienceMarketing: Social MediaMarketing: Retail MediaOmnichannelChatGPTHoliday & EventsMarketing: Direct & PersonalizationOperations & Supply ChainPartnershipsRestaurants 0 Saving Bookmark this article Bookmarked
Department & Category Handheld Happiness: The Battle for the Burger Bite According to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®, handheld food for immediate consumption is driving consumer migration when eating out. Foodservice Solutions® recently conducted grocerant scorecards reveled that 81.6 percent of consumers prefer entrees that can be consumed by hand when not eating at home. That said it is a […] Grocerant Guru April 25, 2024April 25, 2024 3 min read Dept. GroceryRestaurantsData & InsightsConsumersShoppersNestlePricing & PromotionsDeliveryUnileverMars Inc.PepsiCoMarketing: Trade 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Forever 21 unveils first bridal capsule collection The fast-fashion company is the most recent retailer to expand its product assortment into the wedding category. RetailDive April 25, 2024April 25, 2024 < 1 min read MerchandisingDept. Apparel 0 Saving Bookmark this article Bookmarked
Media & Marketing What’s Behind the Growth of the Cleanroom Market? What is a cleanroom? A cleanroom is a room or area which has a controlled environment that prevents contamination from pollutants like dust, microbes, aerosol particles, chemical vapor, and water vapor. Such rooms use technology that regulate environmental parameters such as temperature, pressure and humidity to ensure high quality production. This is why cleanrooms are […] BCC Research April 25, 2024April 25, 2024 < 1 min read SustainabilityPackagingTechnology & InnovationPredictions and ForecastsMarketing: Social MediaESG and CSRDept. Grocery 0 Saving Bookmark this article Bookmarked
Stores & Formats Making AI Really Work for Retail Like every industry, retail is experiencing an artificial intelligence boom — and like other industries that operate with such small profit margins, any competitive edge is not only welcome but necessary to survive. AI offers benefits in five key areas for retailers: personalization, visual search, virtual reality (VR) and augmented reality (AR), predictive analytics, and […] TotalRetail April 25, 2024April 25, 2024 4 min read Technology & InnovationAIShoppersCustomer ExperienceData & InsightsTech: AR and VRWalmartMarketing: VoiceMarketing: Direct & PersonalizationPartnershipsPredictions and ForecastsTargetCOVID19ConsumersBrick and MortarOperations & Supply ChainInternational - North AmericaMetaversePackagingDept. ApparelPricing & PromotionsMarketing: In Store 0 Saving Bookmark this article Bookmarked
Trends & External Forces Nisa retailers celebrate Stop Food Waste Day with Too Good To Go milestone Nisa’s independent retailers are marking Stop Food Waste Day by celebrating a Surprise Bag milestone with 175,000 meals now saved since the relationship with the world’s largest surplus food app, Too Good To Go began in 2019. With over 300 stores signed up to the… This story continues at Nisa retailers celebrate Stop Food Waste […] Talking Retail April 25, 2024April 25, 2024 < 1 min read SustainabilityDept. GroceryPredictions and ForecastsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Media & Marketing Technical glitch disrupts Sainsbury’s morning deliveries Sainsbury’s faced a delivery setback this morning, as a technical glitch cancelled several customer deliveries. The supermarket giant confirmed via a post on X (formerly Twitter) that technical difficulties caused the disruptions. @sainsburys I’m assuming my order is cancelled too? No email, no text and finding information out on here, nothing official – not ideal! […] Retail Technology Innovation Hub April 25, 2024April 25, 2024 2 min read Marketing: Social MediaTwitterTechnology & InnovationShoppersPredictions and ForecastsTescoESG and CSRDept. GroceryDelivery 0 Saving Bookmark this article Bookmarked
Department & Category GM Reports Surge in Profit on Gas Car Sales Although General Motors has had trouble selling its electric cars, a recent report indicates that the increase in sales of gas-powered vehicles helped the company generate a profit. RetailWire April 25, 2024April 25, 2024 < 1 min read Dept. FuelSustainability 0 Saving Bookmark this article Bookmarked
Department & Category PepsiCo: Popping Performance and Refreshing Returns PepsiCo (NASDAQ: PEP) is a global powerhouse in the food and beverage industry, a part of the consumer staples sector. PepsiCo’s earnings report for the first quarter of 2024 (Q1FY2024) offered valuable insights into the company’s current performance and future trajectory. Pepsi NASDAQ - Earnings April 25, 2024April 25, 2024 < 1 min read PepsiCoAgenciesReturnsPredictions and ForecastsDept. BeverageResults & InvestmentDept. GroceryData & InsightsConsumers 0 Saving Bookmark this article Bookmarked
Corporate Finance Chipotle posts big earnings beat as diners shake off higher prices The burrito chain said traffic increased 5.4% in its first quarter. CNBC April 25, 2024April 25, 2024 < 1 min read Results & InvestmentRestaurantsStore Location 0 Saving Bookmark this article Bookmarked
Channel & Retailers Chipotle abandons Farmesa Fresh Eatery spinoff after ghost kitchen closes A little over a year ago, Chipotle announced the opening of its first Farmesa location. CNBC April 25, 2024April 25, 2024 < 1 min read Ghost KitchenRestaurantsDept. FreshStore Location 0 Saving Bookmark this article Bookmarked
Channel: Mass Target’s April 2024 Circle Sale was its largest by sales lift Track General Merchandise spending free Access chart in Dash. Target’s April Circle Sale generated 7% more sales than the weekly average in the previous 4 weeks according to Earnest credit card data. This represents a 2 point acceleration in the Circle Sale’s contribution to Target’s topline compared to Target’s October sale. Target Circle is a […] Earnest Research April 25, 2024April 25, 2024 < 1 min read TargetData & InsightsPredictions and ForecastsData VisualizationAmazonMarketing: Loyalty & SubscriptionDept. NonfoodConsumersDept. ApparelDeliveryMarketing: TradeOperations & Supply ChainPricing & Promotions 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Investors Reward Hasbro And Mattel For Cost Cuts And Inventory Reductions Hasbro and Mattel stock are up, despite reporting that sales declined in the first quarter. Hasbro’s revenue plunged 24% but Wall Street expected an even greater drop. Joan Verdon - Forbes April 25, 2024April 25, 2024 < 1 min read Dept. Toys & GamesOperations & Supply ChainEconomy 0 Saving Bookmark this article Bookmarked
Department: HBC Jason Wu Beauty lands in over 3,000 CVS stores The partnership adds to the beauty brand’s distribution channels, which also include Target and J.C. Penney. RetailDive April 24, 2024April 24, 2024 < 1 min read Dept. HBCCVSBrick and MortarTargetPartnershipsOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables The turnaround of Abercrombie & Fitch is finally here S&P Global Ratings on Tuesday upgraded the apparel retailer, not just on its better-than-expected 2023 performance but also its strong momentum. RetailDive April 24, 2024April 24, 2024 < 1 min read Dept. ApparelMarketing: UGC 0 Saving Bookmark this article Bookmarked
Channel: Mass Channel: Mass Department: Consumer Durables Department: Nonfood Media & Marketing Data & Insights Shopper & Customer Trends & External Forces Merchandising Operations & Supply Chain Target’s April 2024 Circle Sale was its largest by sales lift Track General Merchandise spending free Access chart in Dash. Target’s April Circle Sale generated 7% more sales than the weekly average in the previous 4 weeks according to Earnest credit card data. This represents a 2 point acceleration in the Circle Sale’s contribution to Target’s topline compared to Target’s October sale. Target Circle is a […] Written by Earnest Research April 25, 2024April 25, 2024 Saving Bookmark this article Bookmarked
Department: Consumer Durables Media & Marketing Data & Insights Shopper & Customer Trends & External Forces Stores & Formats TikTok Shop customers spend more at lower ticket apparel retailers Download full TikTok Shop report Access TikTok and Panel data in Dash. TikTok Shop customers spent 26% of their apparel wallet on Off-Price Department Stores and 11% on Fast Fashion in the 12-months ended February 2024, compared to 24% and 7% for the average shopper. Conversely, TikTok Shop users spent less than their peers at […] Written by Earnest Research April 24, 2024April 24, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces Corporate Finance Corporate Purpose ESG Media & Marketing Data & Insights Technology & Innovation Trends & External Forces Associates & Employees Where Does One U.S. Tax Dollar Go? See this visualization first on the Voronoi app. Where Does One U.S. Tax Dollar Go? This was originally posted on our Voronoi app. Download the app for free on Apple or Android and discover incredible data-driven charts from a variety of trusted sources. Come tax season, a common refrain is: “what do my taxes even […] Written by Visual Capitalist April 24, 2024April 24, 2024 Saving Bookmark this article Bookmarked
Technology & Innovation Technology & Innovation AI boosts innovation in ingredient selection, formulation AI could minimize the traditional trial-and-error approach in product development. Written by Supermarket Perimeter April 24, 2024April 24, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Data & Insights Trends & External Forces Google Won’t Pull Cookies In 2024 Google announces it’s delaying its self-imposed deadline to deprecate third-party cookies on Chrome for the third time. The post Google Won’t Pull Cookies In 2024 appeared first on AdExchanger. Written by AdExchanger April 23, 2024April 24, 2024 Saving Bookmark this article Bookmarked