1. Shopper & Customer

Restaurant Discontinuity Driven by Grocerant Growth

  Once again, Foodservice Solutions® Grocerant Guru® Steven Johnson predicts that 2022 will be a record year of chain restaurant discontinuity.  Specifically, with more chain restaurant closing stores and fewer total chain restaurants open entering 2023. Regular readers of this blog know that back in the day (2005) the team at Foodservice Solutions® released a White Paper Restaurant Consumer Discontinuity; we […]
3 min read
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  1. Technology & Innovation

RTIH lays out this week’s coolest retail technology plays

RTIH Editor, Scott Thompson, brings you his top ‘future of retail systems’ deployments from the past week, including drone deliveries, Bitcoin rewards, smart shopping carts, and autonomous convenience stores. Pinterest and Samsung Pinterest has teamed with Samsung to launch of the first ever ‘flippable’ Pin on its platform. The aim is to show people just […]
3 min read
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  1. Data & Insights

APIs Drive Omnichannel Growth by Connecting Real-Time Transaction Data Across Channels

For most of the time that retailers have existed, the only option shoppers had when they wanted to buy something was to go to a physical store and purchase in person. Then came eCommerce, which added online shopping to the mix, and more recently, the emergence of the omnichannel commerce concept, which some industry players […]
3 min read
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  1. Channel: Delivery

Zapp launches the first ultra-fast delivery Period Store

On-demand convenience app Zapp has launched a new Period Store for National Period Hygiene Day, this Saturday. The new store will feature all the essentials including organic tampons and pads,… The post Zapp launches the first ultra-fast delivery Period Store appeared first on Latest Retail Technology News From Across The Globe – Charged.
< 1 min read
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  1. Channel: Delivery

Data Engineering and Infrastructure at Instacart with Engineering Manager Abhi Kalakuntla

“It sounds cliché, but data drives Instacart’s entire business—our logistics and shopping processes, as well as our ordering experience, are all based on data,” explains Abhi Kalakuntla, Engineering Manager on Instacart’s growing Data Infrastructure team. Thousands of algorithms inform the data models that make Instacart run—if those algorithms don’t work or our data models are […]
7 min read
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  1. Shopper & Customer

If Amazon Did This, it Could Be Huge!

Two-and-a-half years into my foray going from consultant to owning my own e-commerce business, I’ve realized a few things. No matter what we do, what other platforms we do business on with Premo Guard, Amazon.com is still the 800-pound gorilla in the room. And that frustrates the (insert expletive here) out of me. Now I’m […]
2 min read
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  1. Shopper & Customer

How to Leverage Your App to Get More Customers

The past two years have already, most likely, accelerated your investment in your app’s growth. In case you’re still on the fence, out of the estimated four hours that U.S. adults spend on their phones each day, 88 percent of that time happens within apps. Putting your app at the center of your omnichannel strategy […]
3 min read
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  1. Channel: Mass

Victoria’s Secret Launches Inclusive-Focused Online Marketplace

Victoria’s Secret & Co. has announced that it’s launching VS&Co-Lab, which is described as an inclusive shopping experience for all customers. VS&Co-Lab will be featured in a new section on the Victoria’s Secret website, where it will showcase brands that align with its values of innovation and inclusivity. VSCO said it sees important growth potential through partnerships […]
< 1 min read
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  1. Technology & Innovation

Tammy Girl returns to action as it makes debut on Asos

After a 17 year hiatus, Tammy Girl is back, with fast fashion giant Asos relaunching the brand on its website. In 2005, Tammy Girl closed its high street stores after being bought by BHS, leaving UK pre-teens distraught. Manchester based, digital fashion firm, Daisy Street acquired the brand and partnered with Asos for a capsule […]
2 min read
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  1. Channel: Dollar/Value

Dollar Tree posts gains in sales and profits

Dollar Tree reported a 6.5 percent sales gain in the first quarter and the chain’s earnings rose to $2.37 a share, up from $1.60 a year ago. “During the quarter, the Dollar Tree team successfully completed its conversion to the $1.25 price point, contributing to both sales and margin improvements,” CEO Michael Witynski said.
< 1 min read
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  1. Trends & External Forces

Congress holds hearings on infant formula shortage

Members of the House Energy and Commerce committee heard testimony from officials at the Food and Drug Administration (FDA) and Abbott Nutrition on infant formula shortages across the country. The FDA closed an Abbott plant after finding unsanitary conditions. Problems were discovered as part of a February recall and plant shutdown.
< 1 min read
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  1. Channel: Dollar/Value

Dollar General post strong sales gains in first quarter

GOODLETTSVILLE, Tenn. — Dollar General on Thursday reported net sales of $8.8 billion for its fiscal year 2022 first quarter, an increase of 4.2% over the prior-year period. The net sales increase was primarily driven by positive sales contributions from new stores, partially offset by a slight decline in same-store sales and the impact of […]
3 min read
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5
  1. Data & Insights

CVS to launch virtual primary care solution

WOONSOCKET, R.I. — CVS Health announced on Thursday the launch of CVS Health Virtual Primary Care, a new virtual care solution available through a single digital platform. The offering connects CVS Health’s services, clinical expertise, and data for a more coordinated and consumer-centric health care experience. The company said the new solution enables consumers to […]
3 min read
0
  1. Retailer Media

22% Of Brands Are Unhappy With How They Allocate Their Retail Media Budget. But There’s a Better Way

Retail media networks (RMNs) are an exciting place to run ads, because of the valuable first-party data that retailers have about their customers. RMNs create an ability to target a specific retailer’s customers and provide valuable insights into how people shop. And brands certainly are not hurting for choices. Just last week, Ulta announced a media network and the hotel chain, Marriott, the week prior. 
4 min read
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5
  1. Corporate Strategy

Utilising data in retail to improve sustainability.

 Olof Hoverfält, Principle Consultant, Strategy and Business Design at technology consultancy Reaktor, has worked with a wide range of major brands such as Adidas and Tommy Hilfiger. In this article, he shares the different ways that retailers can ensure sustainability, as well as the valuable uses of data in retail. 1. How can retailers make sure […]
< 1 min read
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  1. Department & Category

3 investments to successfully launch an online food business

There are plenty of reasons why entrepreneurs choose to start their own food businesses. Some of them include wanting to create jobs in the local community, the scope to enjoy control over their schedule rather than working for a boss, or simply wanting to try something new. Meanwhile, others may just be excited to share […]
< 1 min read
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  1. Technology & Innovation

UK Facial Recognition Ruling Could Spur Innovation

The U.K.’s data-privacy watchdog’s recent $10 million fine on facial recognition company Clearview AI Inc. could spur innovation in the space, including advancements in payments technology, as it “sets clearer ground rules for balancing software innovation with people’s right to privacy,” according to a report in The Wall Street Journal Wednesday (May 25). The Information […]
2 min read
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  1. Technology & Innovation

NRA: This Year’s Highlights, Trends and Must-See Booths of 2022

Take a quick dive into the happenings and surprises from this year’s biggest restaurant event! By Brittany Maroney, Director of Marketing Communications, PAR Punchh The National Restaurant Association Show was back, and in a big way! The halls of McCormick Place Convention Center in Chicago were packed with tens of thousands of eager food-loving fans, […]
3 min read
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  1. Channel: Delivery

Zapp partners with Jiffy to offer quick commerce for Londoners

Zapp and Jiffy have announced a tie up to offer quick commerce to London residents. The news comes soon after Jiffy’s announcement that it would cease to operate its grocery… The post Zapp partners with Jiffy to offer quick commerce for Londoners appeared first on Latest Retail Technology News From Across The Globe – Charged.
< 1 min read
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Dollar General post strong sales gains in first quarter

GOODLETTSVILLE, Tenn. — Dollar General on Thursday reported net sales of $8.8 billion for its fiscal year 2022 first quarter, an increase of 4.2% over the prior-year period. The net sales increase was primarily driven by positive sales contributions from new stores, partially offset by a slight decline in same-store sales and the impact of […]
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CVS to launch virtual primary care solution

WOONSOCKET, R.I. — CVS Health announced on Thursday the launch of CVS Health Virtual Primary Care, a new virtual care solution available through a single digital platform. The offering connects CVS Health’s services, clinical expertise, and data for a more coordinated and consumer-centric health care experience. The company said the new solution enables consumers to […]
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  1. Retailer Media
  2. Corporate Strategy
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  4. Retailer Media
  5. Data & Insights

22% Of Brands Are Unhappy With How They Allocate Their Retail Media Budget. But There’s a Better Way

Retail media networks (RMNs) are an exciting place to run ads, because of the valuable first-party data that retailers have about their customers. RMNs create an ability to target a specific retailer’s customers and provide valuable insights into how people shop. And brands certainly are not hurting for choices. Just last week, Ulta announced a media network and the hotel chain, Marriott, the week prior. 
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