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
CPG: Food Mars Wrigley unveils Skittles Giants Gooey Mars Wrigley has launched Skittles Giants Gooey, the confectioner’s most ambitious new product development to date. Skittles Giants Gooey fill soft, fruity-flavoured giant candy with a gooey citrus core, “delivering a tangy hit of zestiness”. Alice Maramotti, Skittles senior brand manager, comments: “We have a track record… This story continues at Mars Wrigley unveils Skittles Giants Gooey […] Talking Retail April 26, 2024April 26, 2024 < 1 min read Mars Inc.Predictions and ForecastsDept. Bakery 0 Saving Bookmark this article Bookmarked
Channel: Grocery New flavour for Carr’s Melts Pladis presents new Caramelised Red Onion flavour to its Carr’s Melts range. With a chutney-inspired flavour baked in, the new launch sees these crisp wheaten biscuits infused with the sweet and smoky flavour of caramelised red onion. “We’re seeing consistently high demand for top-quality and… This story continues at New flavour for Carr’s Melts Or […] Talking Retail April 26, 2024April 26, 2024 < 1 min read Predictions and ForecastsAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Department & Category Golden Wonder new Chilli and Lime Transform-A-Snack Golden Wonder has added a new addition to its £1 PMP range with Chilli and Lime Transform-A-Snack A spokesperson for the company said: “For generations, Golden Wonder Transform-a-Snack has been the tasty snacks that allow you to build your own out-of-this-world car before experiencing a cosmic flavour journey and… This story continues at Golden Wonder new Chilli and Lime Transform-A-Snack […] Talking Retail April 26, 2024April 26, 2024 < 1 min read Dept. GroceryPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart+ Members will Get First Dibs on New Products During 24-Hour Event From 12 noon ET on Monday, April 29 through noon on April 30, the Walmart+ Early Access online sales event will offer program members a curated assortment of products new to Walmart — including Dolly Parton’s Rockin’ New Baking Collection, Doritos Flamin’ Hot Mystery Flavor, Pampers diapers and men’s and women’s shoes from Reebok. “Walmart+ […] Retail TouchPoints April 26, 2024April 26, 2024 2 min read WalmartMarketing: Loyalty & SubscriptionAmazonHoliday & EventsGovernmentDeliveryDept. FreshPredictions and ForecastsMarketing: Social MediaWhole FoodsDept. ApparelDept. BabyProcter & GambleMerchandisingOperations & Supply ChainPepsiCoPricing & Promotions 0 Saving Bookmark this article Bookmarked
Channel: Home Improvement Home Depot Holds Halfway to Halloween Sale: Skelly’s Back It’s halfway to spooky season, and Home Depot is celebrating. RetailWire April 26, 2024April 26, 2024 < 1 min read Home DepotHoliday & Events 0 Saving Bookmark this article Bookmarked
Channel: Delivery Foxtrot & Dom’s Market Sudden Closure: The Broader Impact On April 23, 2024, Chicago-based premium convenience stores Foxtrot Market and Dom’s Kitchen & Market permanently and abruptly closed all 35 locations with news of a Chapter 7 filing for bankruptcy. The news sent shockwaves through Chicago and other major cities. In recent years, Foxtrot expanded to new markets in Washington, D.C., Dallas and Austin […] Mintel April 26, 2024April 26, 2024 3 min read Q CommerceConsumersDept. GroceryDept. BeveragePredictions and ForecastsEconomyTrends: ConsumerBankruptcyBrick and MortarTechnology & InnovationDeliveryDept. Adult BevTrends: RetailAssociatesMergersAI 0 Saving Bookmark this article Bookmarked
Channel: Grocery H-E-B to build Texas distribution campus The grocer has closed on a land deal and plans to have several facilities support its supply chain operations. Grocery Dive April 26, 2024April 26, 2024 < 1 min read Operations & Supply ChainRegional GroceryHEB 0 Saving Bookmark this article Bookmarked
Corporate Finance Ahold Delhaize allocates proceeds of its green bond to sustainability efforts The Dutch grocer allotted the largest portion of the earnings toward green buildings and energy efficiencies. Grocery Dive April 26, 2024April 26, 2024 < 1 min read SustainabilityAhold DelhaizeResults & Investment 0 Saving Bookmark this article Bookmarked
Media & Marketing The Friday Checkout: Grocers turn to loyalty programs to battle the likes of Aldi, Walmart Promoting value and rewarding loyal customers are critical as supermarkets go head-to-head with discounters. Grocery Dive April 26, 2024April 26, 2024 < 1 min read WalmartRegional GroceryMarketing: Loyalty & SubscriptionAldi 0 Saving Bookmark this article Bookmarked
Associates & Employees Starbucks, Workers United made ‘significant progress’ in this week’s contract talks Starbucks and the union plan to meet again in late May to keep working on the framework that will inform every single-store contract. CNBC April 26, 2024April 26, 2024 < 1 min read RestaurantsAssociates 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Five Shipping Tips To Benefit Your Ecommerce SMB Strategy The growing ecommerce landscape represents an incredible opportunity for SMBs, allowing them to expand their reach into new geographies and connect with customers worldwide. That said, ecommerce growth does come with challenges to overcome. One of the most significant issues of all is figuring out how you’re going to manage the complexities of shipping, both […] Retail Minded April 26, 2024April 26, 2024 5 min read Operations & Supply ChainDeliveryTechnology & InnovationStrategyShoppersAIPartnershipsInternationalCustomer ExperiencePredictions and ForecastsDept. NonfoodPackagingConsumersSustainabilityGoogleData & InsightsPricing & PromotionsDept. FuelMarketing: TradeMarketing: Social MediaMarketing: In Store 0 Saving Bookmark this article Bookmarked
Channel: Drug Walgreens Looks to ‘Break Through Health Care Silos’ with New Specialty Pharmacy Division Image courtesy Walgreens Walgreens is bringing all of its specialty pharmacy services into one integrated unit and expanding its offerings for patients suffering from complex chronic conditions with an investment in gene and cell services. It’s all part of what the company described as the “latest step to leverage its neighborhood pharmacies into fast-growing areas […] Retail TouchPoints April 26, 2024April 26, 2024 2 min read WalgreensDept. PharmacyHealth & WellnessOperations & Supply ChainDept. HBCMarketing: Social MediaMarketing: BrandInsight ProvidersPredictions and ForecastsResults & InvestmentPartnershipsESG and CSRTechnology & InnovationDept. NonfoodData & Insights 0 Saving Bookmark this article Bookmarked
Technology & Innovation Are LLMs About To Hit A Wall? Each new generation of large language model consumes a staggering amount of resources. Meta, for instance, trained its new Llama 3 models with about 10 times more data and 100 times more compute than Llama 2. Amid a chip shortage, it used two 24,000 GPU clusters, with each chip running around the price of a […] Bigtechnology April 26, 2024April 26, 2024 5 min read Technology & InnovationAIData & InsightsAmazonDept. GroceryPredictions and ForecastsMeta (Facebook)PodcastsBigTechSustainabilityExecutivesResults & InvestmentGoogleMarketing: Social MediaGovernmentTikTokMarketing: BroadcastAssociatesStreamingCryptoChatGPTDept. FreshStrategyDept. NonfoodDept. PerimeterDept. Toys & GamesDept. Fuel 0 Saving Bookmark this article Bookmarked
Data & Insights Grocerant Guru’s Full-Flavored Forecast: 2024’s Flavorful Trends Get ready to tantalize your taste buds with a peek at what’s hot in the culinary world! Once again Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® and his team, are seeing some new signals of our ever-evolving consumer focused adoption of fresh food with functionality; including botanical infusions, and even a […] Grocerant Guru April 26, 2024April 26, 2024 3 min read Technology & InnovationAIDept. GroceryConsumersData & InsightsHealth & WellnessPredictions and ForecastsDept. FreshDept. DairyInternationalShoppersTrends: Food and BeverageDept. NonfoodRestaurantsPackagingMarketing: Direct & PersonalizationDept. Natural / OrganicDept. RefrigeratedDept. PerimeterDept. AppliancesSustainability 0 Saving Bookmark this article Bookmarked
Channel: Drug Walgreens, DoorDash partner to offer SNAP card payments Thanks to the partnership, Walgreens will offer over 4,000 SNAP-eligible products for delivery within an hour. RetailDive April 26, 2024April 26, 2024 < 1 min read WalgreensPartnershipsFood DeliveryDoorDashDelivery 0 Saving Bookmark this article Bookmarked
Stores & Formats The Weekly Closeout: Layoffs at Lululemon and Mango opens more stores The athletics retailer had a round of layoffs as it shuttered a distribution center and Mango opened locations in Washington, D.C., and Boston. RetailDive April 26, 2024April 26, 2024 < 1 min read Dept. ApparelBrick and MortarOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers West Lane Capital Partners acquires Mented Cosmetics West Lane has been building out its portfolio of beauty brands, recently acquiring Seven hair care earlier this month. RetailDive April 26, 2024April 26, 2024 < 1 min read Results & InvestmentPartnershipsAcquisitionDept. HBC 0 Saving Bookmark this article Bookmarked
Department & Category Working lunch In focus: Food-to-go Once again, lifestyles are changing. Workers are going back to the office, if not full-time then at least two or three days a week, which means popping out to the shops for a grab-and-go al fresco or ‘al desko’ lunch is back on the agenda.… This story continues at Working lunch In focus: Food-to-go Or […] Talking Retail April 26, 2024April 26, 2024 < 1 min read Dept. GroceryPredictions and ForecastsDept. NonfoodAssociates 0 Saving Bookmark this article Bookmarked
Stores & Formats Asda’s c-stores trialling display screens for spirits sales Asda is running a trial of digital spirits display screens in 23 of its Express stores, in partnership with Diageo. The screens allow customers to select from a larger choice of spirits, with the range increasing from 13 or 26 products to 50. The screens… This story continues at Asda’s c-stores trialling display screens for […] Talking Retail April 26, 2024April 26, 2024 < 1 min read Dept. BeverageDept. Adult BevBrick and MortarPredictions and ForecastsPartnershipsCPG: Adult Beverage 0 Saving Bookmark this article Bookmarked
Department: Nonfood How Bark is Creating Products and Experiences that Pups (and Pup Parents) Love Americans spent $136.8 billion on their pets in 2022, up from $123.6 billion in 2021, according to the American Pet Products Association. Half of these pet-owning households are run by millennials and Gen Zers, who don’t just look at their pets as “furry friends” but as their children. Bark is one company that is laser-focused […] Retail TouchPoints April 26, 2024April 26, 2024 5 min read Dept. PetConsumersPartnershipsData & InsightsTechnology & InnovationDept. GroceryShoppersMarketing: Social MediaTargetPredictions and ForecastsDept. NonfoodDept. Toys & GamesAcquisitionConagraThick DataDept. Natural / OrganicESG and CSRMerchandisingOperations & Supply ChainStore Location 0 Saving Bookmark this article Bookmarked
Data & Insights The Estée Lauder Companies and Microsoft look to reimagine the beauty industry with generative AI tools The Estée Lauder Companies and Microsoft Corp. have announced the creation of an AI Innovation Lab as an expansion of their global strategic relationship. Leveraging generative AI capabilities in Microsoft’s Azure OpenAI Service, the companies will work together to develop solutions for ELC’s more than 20 prestige beauty brands with the aim of creating closer […] Retail Technology Innovation Hub April 26, 2024April 26, 2024 2 min read Technology & InnovationAIData & InsightsConsumersDept. HBCDept. NonfoodPartnershipsInternational - UKChatGPTExecutivesInclusivityMarketing: VoicePredictions and ForecastsShoppers 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital FTC Refunds Ring Customers $5.6 Million for Video Privacy Issues The FTC is giving back $5.6 million to consumers due to a settlement with Ring, an Amazon-owned company. The issue arose when Ring failed to protect customers’ private video footage from unauthorized access. RetailWire April 26, 2024April 26, 2024 < 1 min read AmazonGovernmentConsumers 0 Saving Bookmark this article Bookmarked
Media & Marketing Rebag, Newegg Join Growing List of Retailers Launching Membership Programs Membership programs are quickly becoming 2024’s hottest accessory, whether you’re a luxury resale platform or an electronics ecommerce site. Online marketplaces Rebag and Newegg have joined the growing roster of retailers launching membership programs. This year alone, the list of retailers that have launched or beefed up their loyalty and membership programs includes Albertsons, Carter’s, PetSmart, Target, Sunglass […] Retail TouchPoints April 26, 2024April 26, 2024 2 min read RecommerceMarketing: Loyalty & SubscriptionShoppersPredictions and ForecastsReturnsRegional GroceryAlbertsons / SafewayPricing & PromotionsLowesCVSTargetMarketing: TradeMarketing: Social MediaOperations & Supply ChainDept. NonfoodDeliveryBrick and MortarMarketing: Direct & PersonalizationExecutivesResults & InvestmentDept. HBCDept. Consumer ElectronicsConsumers 0 Saving Bookmark this article Bookmarked
Stores & Formats New stores, comps drive Tractor Supply’s Q1 sales to $3.4B The company is pressing forward with plans to open 80 stores and its 10th distribution center this year. RetailDive April 26, 2024April 26, 2024 < 1 min read Brick and MortarTractor Supply CompanyOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
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
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