Channel: Mass Including Store No8 and Outlier Ventures: RTIH runs you through the week’s coolest retail technology plays RTIH Editor, Scott Thompson, brings you his top ‘future of retail’ systems launches and deployments from the past week, including checkout free store milestones, startups focused on building in Web3, and the ongoing digitalisation of the fashion industry. Poundland Poundland has launched a suite of digital accessibility tools to support job applicants and workers with […] Retail Technology Innovation Hub June 9, 2023June 9, 2023 3 min read Technology & InnovationAIMarketing: SocialTescoTwitterTech: AR and VRDept. ApparelData & InsightsPartnershipsCryptoShoppersESG and CSRMarketing: Retail MediaInternational - UKWalmartConsumersTech: CashierlessBig DataMetaversedunnhumbyInsight ProvidersAssociatesDept. NonfoodDeliveryInclusivitySustainabilityResults & InvestmentPredictions and ForecastsblockchainCPG: Adult BeverageTrends: TechStrategyTrends: RetailHealth & WellnessTarget 0 Saving Bookmark this article Bookmarked
Channel: Mass Tesco Irish Price Cuts Instigate Price War “Supermarket price war: retailers to ‘come out fighting’ after Tesco’s pledge to cut more than 700 grocery items. “Move is likely to put pressure on other supermarket chains to follow suit, leading to significant savings for Irish consumers. “Ireland’s leading supermarkets are likely to follow Tesco’s lead in reducing the price of hundreds of products […] MorningNewsBeat June 9, 2023June 9, 2023 < 1 min read TescoLidlOwned Brands (Private Label)Dept. HBCAldiDept. NonfoodConsumersDept. GroceryEconomyBrick and MortarHealth & WellnessUnited Natural Foods 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart plans to expand its specialty HIV outreach [[“value”:”Walmart has leaned in to providing specialty care for HIV in communities that are highly affected by the virus.”]] CNBC June 9, 2023June 9, 2023 < 1 min read Walmart 0 Saving Bookmark this article Bookmarked
Channel: Mass Starring Apple, Poundland and Forever 21: RTIH’s biggest retail technology news stories of the week It’s Friday, the weekend is almost upon us, so let’s kick back and reflect on another eventful week for the retail systems space. Here’s your briefing on the most important stories from the past five days, including Emperia, Recite Me, Amperity, Walmart’s incubator arm Store No8, and Outlier Ventures. 1. Emperia – new Apple mixed […] Retail Technology Innovation Hub June 9, 2023June 9, 2023 4 min read Technology & InnovationAIMarketing: SocialTwitterShoppersData & InsightsWalmartExecutivesCryptoCustomer ExperiencePredictions and ForecastsDept. ApparelAssociatesInclusivityMetaverseConsumersTargetPartnershipsTrends: RetailDept. NonfoodDept. FuelMarketing: Loyalty & SubscriptionTrends: TechHealth & WellnessPepsiCoResults & InvestmentBrick and MortarblockchainInternational - UK 0 Saving Bookmark this article Bookmarked
Channel: Mass How Big Retail and CPG Brands Are Rethinking Omnichannel Promotional Campaigns to Battle Inflation U.S. food prices surged by 11 percent last year, marking the largest increase since the 1980s. While the rate of inflation has gradually calmed down since its June 2022 peak, rising prices remain a significant concern for retailers and consumer packaged goods (CPG) brands. Given the possibility of a recession, it may be tempting to […] Matt Antal June 8, 2023June 8, 2023 3 min read ShoppersOmnichannelData & InsightsEconomyConsumersAgenciesMarketing: Retail MediaMarketing: Loyalty & SubscriptionCustomer ExperienceTargetDept. GroceryMarketing: TradeDept. NonfoodStore LocationStore FormatMarketing: Direct & PersonalizationMarketing: SocialESG and CSRMarketing: In Store 0 Saving Bookmark this article Bookmarked
Channel: Mass How to Combine AI and Human Creativity to Enhance the Retail Experience In today’s retail landscape, brands are embracing artificial intelligence and other cutting-edge technology solutions to keep up with the competition and provide their customers with the best possible shopping experiences. However, it’s equally important to maintain a personal touch and human element to create a truly immersive and engaging experience. The most successful retailers will […] Alexandre de Vigan June 8, 2023June 8, 2023 3 min read Technology & InnovationAIShoppersConsumersMarketing: Direct & PersonalizationDept. ApparelPredictions and ForecastsMarketing: In StoreDept. NonfoodOmnichannelEconomyCompetitionBrick and MortarMerchandisingMarketing: Loyalty & SubscriptionWalmartConsultingExecutivesMarketing: TradeMarketing: BrandMetaverseData & InsightsPop UpsPricing & PromotionsStore LocationStrategyTech: AITech: AR and VRTrends: RetailKroger 0 Saving Bookmark this article Bookmarked
Channel: Mass 5 Tips for Growing Your E-Commerce Business Today, people are shopping online more than ever before. The reality is that many people just prefer the convenience of shopping from their mobile devices. To meet this demand, e-commerce has become widely accessible to entrepreneurs around the world thanks to Shopify. In fact, e-commerce sales are expected to grow 10.4 percent in 2023 alone, […] Eric Netsch June 8, 2023June 8, 2023 3 min read ShoppersInclusivityOmnichannelMarketing: In StoreTechnology & InnovationESG and CSRMarketing: SocialConsumersTargetStrategyDept. NonfoodData & InsightsShopifyData VisualizationExecutivesInternational - UKMarketing: Direct & PersonalizationStore LocationPredictions and ForecastsPricing & PromotionsMarketing: Brand 0 Saving Bookmark this article Bookmarked
Channel: Mass Target Leapfrogs Walmart For Upscale Grocery Approach Bloomberg has a story about how “a slew of retailers are beefing up their grocery investments to lure in consumers cutting back on non-essentials like clothing and electronics. But as they lay out plans to improve their food offerings and supply chains, the big question is how does one compete with the mighty Walmart Inc. on […] MorningNewsBeat June 8, 2023June 8, 2023 2 min read TargetWalmartWhole FoodsDept. GroceryTrader JoesBrick and MortarConsumersCompetitionExecutivesShoppersAmazonDept. PetDept. ApparelPackagingMarketing: Loyalty & SubscriptionStrategyDept. NonfoodPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart Upgrades Its Digital Ad Network From Advertising Age: “Walmart Connect, which has made huge gains in recent years through digital advertising, is testing ways to bolster in-store pieces of its retail media network. “For the first time, Walmart Connect is selling ads on its revamped in-store radio network and integrating sampling programs with online offerings. While aspects of Walmart Connect’s […] MorningNewsBeat June 7, 2023June 8, 2023 2 min read WalmartMarketing: Retail MediaWalmart ConnectConsumersMarketing: In StoreMarketing: BroadcastGovernmentOwned Brands (Private Label)MergersKrogerAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Channel: Mass How Target went from loud and proud — to silent The retailer remains quiet after pulling some Pride merchandise due to safety concerns. LGBTQ+ groups and marketers say that sends the wrong message. MarketingDive June 7, 2023June 7, 2023 < 1 min read TargetInclusivity 0 Saving Bookmark this article Bookmarked
Channel: Mass Why Retailers Must Strive for Supply Chain Automation In April 2023, Walmart unveiled its plans to automate its supply chain network by 2026 to increase productivity and enhance the customer and associate experience. With customer expectations higher than ever and supply chain disruptions impacting inventory levels, we can expect many other companies to follow in Walmart’s footsteps by taking steps to automate their […] Shouvik Banerjee June 7, 2023June 7, 2023 3 min read Technology & InnovationAIOperations & Supply ChainVendorsData & InsightsWalmartShoppersPredictions and ForecastsDept. NonfoodSustainabilityTech: AIExecutivesCOVID19 0 Saving Bookmark this article Bookmarked
Channel: Mass Your Views: Business. Not Personal. Yesterday we took note of a Boston Globe story about how youth organizers with the Hyde Square Task Force in Jamaica Plain, Massachusetts, did significant market research and figured out that a grocery cart of items at their local Stop & Shop cost $34 more than the same products at the chain’s store in suburban […] MorningNewsBeat June 7, 2023June 7, 2023 12 min read EconomyAhold DelhaizeDept. FuelBrick and MortarWegmansShoppersAmazonStore LocationThick DataDollar GeneralDept. GroceryLegal & CriminalDept. BeverageTechnology & InnovationConsumersSustainabilityCOVID19Customer ExperienceAssociatesCompetitionWalmartHoliday & EventsMarketing: UGCDept. FreshMarketing: VoiceOwned Brands (Private Label)Albertsons / SafewayPredictions and ForecastsRestaurantsStrategyCPG: Adult BeverageDept. Adult BevOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Channel: Mass Industry Awards Help Boost Brand Reputation — and Sales. Here’s How to Apply to Win Winning an industry award is like earning special recognition that can make a big difference for retailers. It’s not just a shiny trophy on a shelf; it has the power to boost a brand’s reputation and increase sales. When a retailer wins an award, it exemplifies being trustworthy, reliable and respected. Customers look for these […] Mike Szczesny June 7, 2023June 7, 2023 2 min read ShoppersData & InsightsAssociatesConsumersCompetitionTargetSustainabilityOperations & Supply ChainMerchandisingMarketing: UGCMarketing: Loyalty & Subscription 0 Saving Bookmark this article Bookmarked
Channel: Mass Report: Bed Bath & Beyond in Talks to Sell Buybuy Baby Bed Bath & Beyond is in talks to sell its Buybuy Baby chain to retail investment firm Go Global Retail, The Wall Street Journal (WSJ) reported on Monday, citing people familiar with the matter. Go Global Retail owns children’s clothing brand Janie and Jack and womenswear label ModCloth, which it acquired from Walmart. It primarily invests […] Melissa Campanelli June 6, 2023June 6, 2023 < 1 min read Bed Bath & BeyondBankruptcyBrick and MortarWalmartDept. ApparelResults & InvestmentEconomyConsumers 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart, Ebay Launch New Accelerator Programs Focused on Ecommerce, Web3 Walmart’s incubation arm, Store Nº8, and Ebay have both launched new accelerator programs aimed at supporting startups developing technologies designed to help shape the future of digital commerce. Store Nº8 Accelerator Aims to ‘Unlock’ Decentralized Commerce Store Nº8 has teamed up with Web3 investor and accelerator Outlier Ventures to launch the Store Nº8 dCommerce Base […] Retail TouchPoints June 6, 2023June 7, 2023 2 min read Technology & InnovationAICryptoWalmartPredictions and ForecastsResults & InvestmentEconomyMetaverseConsumersStrategyMarketing: SocialPartnershipsTrends: TechData & InsightsDeliveryMarketing: Direct & PersonalizationExecutivesblockchainStore Location 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart Connect expands in-store ad formats as shoppers return en masse The company’s ad division is drawing from a traditional shopper marketer playbook by in-housing product demos and testing ads in its radio network. MarketingDive June 6, 2023June 6, 2023 < 1 min read ShoppersWalmart ConnectWalmartMarketing: Retail MediaMarketing: In StoreMarketing: Broadcast 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart, Amazon Top Fortune 500 List Fortune is out with its 2023 Fortune 500 list, ands for the 11th year in a row, Walmart is at the top of the list. Amazon takes the second spot for the consecutive year. Making up the balance of the top 10: Exxon Mobil, Apple, UnitedHealth Group, CVS Health, Berkshire Hathaway, Alphabet, McKesson, and Chevron. […] MorningNewsBeat June 6, 2023June 6, 2023 < 1 min read WalmartAmazonHealth & WellnessCVS 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart incubator arm Store No8 and Outlier Ventures target startups focused on building in Web3 Store No8, Walmart’s incubation arm, and Outlier Ventures, a Web3 investor, have announced the launch of the Store No8 dCommerce Base Camp accelerator programme. Applications open today, and the 12-week initiative will begin in mid-August. The aim is to help a select cohort of startups focused on building in Web3 to deliver solutions that improve […] Retail Technology Innovation Hub June 6, 2023June 6, 2023 2 min read Technology & InnovationWalmartAICryptoMarketing: SocialTwitterPartnershipsTargetEconomyMetaverseConsumersData & InsightsDeliveryblockchainESG and CSRExecutivesTrends: TechMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Channel: Mass Go big or go small: Grocers see early success with new store formats Wegmans and Meijer recently opened scaled-down stores while H-E-B and Hy-Vee have debuted new supercenter formats. All four are driving traffic and reaching new shoppers, data from Placer.ai shows. Grocery Dive June 6, 2023June 6, 2023 < 1 min read WegmansHy-VeeTechnology & InnovationStore LocationShoppersMeijerHEBData & InsightsBrick and MortarAI 0 Saving Bookmark this article Bookmarked
Channel: Mass With Consumers Awash in Subscriptions, Brands Set Sights on Paid Membership The subscription economy has been the subject of dire headlines recently, with terms like “subscription fatigue,” “the great unsubscribe” and even “subscription apocalypse” being bandied about. Some stats support the gloomy outlook: according to Kearney, 40% of consumers feel they have too many subscriptions, and subscription ecommerce is predicted to have its slowest growth year […] Retail TouchPoints June 6, 2023June 6, 2023 7 min read ConsumersShoppersStreamingMarketing: Loyalty & SubscriptionAmazonTechnology & InnovationDept. NonfoodCostcoMarketing: SocialPricing & PromotionsRestaurantsMarketing: TradeEconomyDept. BeverageResults & InvestmentMarketing: Digital MediaExecutivesCompetitionReturnsDept. HBCPredictions and ForecastsDept. ApparelWalmartSustainabilityMarketing: In StoreData & InsightsMarketing: BroadcastDept. DeliPartnershipsESG and CSRDept. Fresh PreparedDeliveryMerchandisingBest BuyBlueApronBrick and MortarCOVID19Operations & Supply Chain 0 Saving Bookmark this article Bookmarked
Channel: Mass Could Amazon Make Mobile Phone Service A Prime Benefit? Bloomberg reported over the weekend that Amazon “has been talking with wireless carriers about offering low-cost or possibly free nationwide mobile phone service to Prime subscribers, according to people familiar with the situation. “The company is negotiating with Verizon Communications Inc., T-Mobile US Inc. and Dish Network Corp. to get the lowest possible wholesale prices. […] MorningNewsBeat June 5, 2023June 5, 2023 2 min read AmazonConsumersWalmartStreamingMarketing: Loyalty & SubscriptionTechnology & InnovationShoppersPricing & PromotionsPartnershipsMarketing: Digital MediaEconomyDelivery 0 Saving Bookmark this article Bookmarked
Channel: Mass How effective are ads on social media? “Social media is not a broadcast platform, it’s a place where communities form and thrive, and brands can build genuine human connections with customers,” said Tamara Littleton from The Social Element. Tamara’s right, social is a big way brands can connect with consumers today. But it can be tricky to stand out when so many […] GWI (Global Web Index) June 5, 2023June 6, 2023 7 min read Marketing: SocialESG and CSRConsumersTikTokTargetTechnology & InnovationMarketing: Direct & PersonalizationMeta (Facebook)International - UKDept. ApparelStreamingStrategyTwitterGoogleResults & InvestmentMarketing: Digital MediaDept. HBCData VisualizationMarketing: UGCEconomy 0 Saving Bookmark this article Bookmarked
Channel: Mass E-Commerce Localization is the Big Trend of 2023 Nowadays, any organization looking to thrive needs to think seriously about global expansion, but there’s no possible way to expand without being able to communicate effectively with your various customers, vendors and stakeholders in multiple languages. That’s why, in 2023, e-commerce localization has become one of the industry’s biggest trends. E-commerce localization is the process […] Hila Shitrit-Nissim June 5, 2023June 5, 2023 3 min read Technology & InnovationAIShoppersConsumersInternationalDept. NonfoodWalmartExecutivesAssociatesMarketing: UGCPredictions and ForecastsShopifyTech: AIVendorsMarketing: Social 0 Saving Bookmark this article Bookmarked
Channel: Mass Target Continues To Face Outrage, Threats Over Pride Month Promos The Washington Post has a story about the number of “tense encounters” that have taken place at a South Florida Target store as the retailer is “engulfed in culture wars, as polarizing social issues spill into store aisles and shoppers become more emboldened to engage in confrontational, even threatening, behavior.” One example: “At the Target […] MorningNewsBeat June 5, 2023June 5, 2023 3 min read TargetShoppersInclusivityAssociatesESG and CSRBrick and MortarGovernmentWalmartDept. ApparelConsumersMarketing: Trade 0 Saving Bookmark this article Bookmarked
Channel: Mass CEO Doug McMillon details Walmart’s evolution BENTONVILLE, Ark. — The Walmart that Doug McMillon presides over is a different place than it was when he became CEO nine years ago. At the time, some industry observers viewed the company as too vast and deeply rooted in brick-and-mortar retailing to compete effectively in the age of e-commerce. With McMillon’s prodding, Walmart proved […] MMR June 5, 2023June 5, 2023 4 min read AssociatesWalmartExecutivesEconomyResults & InvestmentSustainabilityTechnology & InnovationBrick and MortarDeliveryAcquisitionMarketing: Retail MediaCompetitionOmnichannelReturnsPredictions and ForecastsStrategyUnileverDept. BeverageESG and CSRDept. NonfoodDept. HBCDept. GroceryConsumersBOPISHealth & Wellness 0 Saving Bookmark this article Bookmarked
Channel: Mass How to keep your retail store safe and secure If you want to stop your store from experiencing any unexpected losses then one thing you can do is implement various security measures. This will help you to keep your store nice and secure, and it will also stop you from being as much of a target. If you want to help yourself then the […] Retail Technology Innovation Hub June 5, 2023June 5, 2023 2 min read Data & InsightsLegal & CriminalShoppersAssociatesTescoTarget 0 Saving Bookmark this article Bookmarked
Channel: Mass Renew Re-Fresh Re-Focus on Summer Wendy’s In a new partnership Wendy’s wants to re-fresh its messaging, re-focus on summer, and renew its goal to garner a larger share of this target market Gen Z and Millennials to drive new electricity according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. In case you had not head, Wendy’s has […] Grocerant Guru June 5, 2023June 5, 2023 3 min read Marketing: SocialRestaurantsDept. GroceryGoogleDept. FreshConsumersMarketing: BroadcastData & InsightsMeta (Facebook)TikTokMetaverseGeneral MillsTrends: TechDept. BeverageDept. PerimeterTwitterTechnology & InnovationPepsiCoHoliday & EventsConsultingDeliveryTech: AICOVID19Dept. ApparelTargetESG and CSRStrategyDoorDashFood DeliveryMarketing: Loyalty & SubscriptionPartnershipsOperations & Supply ChainAI 0 Saving Bookmark this article Bookmarked
Channel: Mass Boycotts hit stocks hard. Here’s what might be next for Bud, Target and others caught in the anti-Pride backlash [[“value”:”While it’s too early to say how damaging boycott threats will be, damage has been done to the stocks of companies drawn into the latest culture war battle.”]] CNBC June 3, 2023June 3, 2023 < 1 min read Target 0 Saving Bookmark this article Bookmarked
Channel: Mass The Case For Greater Government Regulation Of Retail Competition The New York Times had an op-ed piece the other day entitled “The Real Reason Your Groceries Are Getting So Expensive,” in which author Stacy Mitchell, executive director of the Institute for Local Self-Reliance, made the argument that enforcement of the Robinson-Patman Act, “which mandates that suppliers offer the same terms to all retailers,” needs […] MorningNewsBeat June 2, 2023June 2, 2023 3 min read GovernmentCompetitionDept. GroceryMergersWalmartEconomyLegal & CriminalDept. FreshDept. BeverageKrogerKraftHeinzAlbertsons / SafewayResults & InvestmentDept. PerimeterMarketing: TradePricing & PromotionsProcter & GambleGeneral MillsConsumersShoppersInclusivityDept. DairyDeliveryTechnology & InnovationExecutives 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart: stores the next frontier for retail media BENTONVILLE, Ark. — Walmart has grown its retail media business, Walmart Connect, by offering advertisers the ability to reach consumers when they are searching for products on the retailer’s website as well as via thousands of digital televisions and point-of-purchase screens in its physical stores. Now Walmart Connect plans to leverage the retailer’s stores to […] MMR June 2, 2023June 5, 2023 3 min read WalmartMarketing: Retail MediaShoppersBrick and MortarWalmart ConnectConsumersOmnichannelMarketing: In StoreDeliveryBOPISTargetMarketing: BroadcastOperations & Supply ChainHoliday & EventsDept. PetCOVID19MerchandisingTech: Cashierless 0 Saving Bookmark this article Bookmarked
Channel: Mass Target Leapfrogs Walmart For Upscale Grocery Approach Bloomberg has a story about how “a slew of retailers are beefing up their grocery investments to lure in consumers cutting back on non-essentials like clothing and electronics. But as they lay out plans to improve their food offerings and supply chains, the big question is how does one compete with the mighty Walmart Inc. on […] Written by MorningNewsBeat June 8, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Channel: Mass Circana reveals 2022 New Product Pacesetters CHICAGO – Circana, formerly IRI and The NPD Group, has released its 2022 New Product Pacesetters, the 28th annual report revealing the top new product launches across food and beverage and nonfood sectors. The report illustrates the enduring power of CPG innovation, revealing that consumer spending on new product offerings remained elevated last year despite challenges […] Written by MMR June 8, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Channel: Mass Walmart Upgrades Its Digital Ad Network From Advertising Age: “Walmart Connect, which has made huge gains in recent years through digital advertising, is testing ways to bolster in-store pieces of its retail media network. “For the first time, Walmart Connect is selling ads on its revamped in-store radio network and integrating sampling programs with online offerings. While aspects of Walmart Connect’s […] Written by MorningNewsBeat June 7, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Channel: Mass H-E-B expands its discount format Several years after opening its last Joe V’s location, H-E-B is reigniting the banner with two locations set to open in Dallas by 2025. Dive Brief: H-E-B announced Tuesday it is opening two Joe V’s Smart Shop by H-E-B stores in Dallas, marking the first time the grocer’s discount format will appear outside of the Houston area. […] Written by Grocery Dive June 7, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Channel: Mass Giant Eagle launches in-house retail media network Leap The platform leverages the chain’s loyalty program, bringing personalized ads to shoppers in-store, in-app, on social media and elsewhere, said Damian Scott, who heads up the grocer’s retail media and front-end digital operations. Dive Brief: Giant Eagle announced on Wednesday the debut of Leap Media Group, an in-house retail media arm that leverages the regional […] Written by Grocery Dive June 7, 2023June 8, 2023 Saving Bookmark this article Bookmarked