Corporate Strategy Walmart can’t predict how shoppers will spend in 2024 [[“value”:”CEO Doug McMillon says there are some red flags, even in grocery”]] Supermarket News December 9, 2023December 9, 2023 < 1 min read WalmartShoppersPredictions and ForecastsExecutives 0 Saving Bookmark this article Bookmarked
Corporate Strategy Check out this insightful article on running a hospital in 2023 If you are in charge of a hospital, you are probably already well aware that it is the kind of experience that can be very difficult to get right. There are so many challenges involved in running a hospital, and it’s likely that you will face a lot of them all together much of the […] Retail Technology Innovation Hub December 9, 2023December 9, 2023 2 min read Data & InsightsInternational - UKStrategyStore Location 0 Saving Bookmark this article Bookmarked
Corporate Strategy Restaurants Get Ready As Customers Are on Their Way It looks as if this is going to be one of the best holiday seasons for the restaurant sector, and that is simply good news according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. Yes, consumers are choosing restaurants this holiday season, according to a new National Restaurant Association survey showing two-thirds (63 […] Grocerant Guru December 9, 2023December 9, 2023 3 min read RestaurantsConsumersDept. GroceryHoliday & EventsMarketing: Social MediaData & InsightsTechnology & InnovationPredictions and ForecastsMeta (Facebook)TwitterDeliveryESG and CSRShoppersThick DataDept. BeverageAssociatesStrategyTikTokExecutives 0 Saving Bookmark this article Bookmarked
Corporate Strategy Michelle Gass to take over as Levi’s CEO in January [[“value”:”The former chief executive of Kohl’s will step into the role, succeeding Chip Bergh, as the company continues to transition to a DTC-first approach.”]] RetailDive December 9, 2023December 9, 2023 < 1 min read ExecutivesKohlsDept. Grocery 0 Saving Bookmark this article Bookmarked
Corporate Strategy Michelle Gass to Take the Reins at Levi’s when CEO Chip Bergh Retires in 2024 Current Levi Strauss & Co. President Michelle Gass will succeed CEO Chip Bergh when he retires next year, the company’s board of directors has announced. Gass will formally take the reins on Jan. 29, 2024, a few months prior to Bergh’s departure, which is scheduled for April 26, 2024. Bergh has been elected as Executive […] Retail TouchPoints December 9, 2023December 9, 2023 3 min read ExecutivesDept. GroceryPredictions and ForecastsKohlsOmnichannelResults & InvestmentAssociatesAcquisitionInternationalCOVID19Brick and MortarStart UpsConsumersMarketing: Social MediaTechnology & InnovationOwned Brands (Private Label)Sustainability 0 Saving Bookmark this article Bookmarked
Corporate Strategy Torrid Q3 net sales drop, swings to net loss [[“value”:” Dive Brief The apparel and accessories brand updated its full-year guidance again and permanently appointed Paula Dempsey as its new CFO. Published Dec. 8, 2023 A Torrid storefront. The brand opened five stores during its third quarter. Daphne Howland/Retail Dive “]] RetailDive December 9, 2023December 9, 2023 < 1 min read Brick and MortarDept. ApparelExecutives 0 Saving Bookmark this article Bookmarked
Corporate Strategy FDA proposes four-part food waste reduction strategy [[“value”:” Public comments for the draft strategy opened on Dec. 5 and will remain open for 30 days. “]] 0 Author Missing December 8, 2023December 8, 2023 < 1 min read SustainabilityStrategyGovernmentDept. Grocery 0 Saving Bookmark this article Bookmarked
Corporate Strategy Amazon Pilots New Grocery Delivery Subscription Program The Information reports that Amazon is testing a new grocery delivery subscription in three US cities – Denver, Sacramento and Columbus – that will offer “unlimited deliveries on orders over $35 from Whole Foods and Amazon Fresh to Prime members who pay an extra $9.99 per month.” The story notes that “grocery delivery used to […] MorningNewsBeat December 8, 2023December 8, 2023 2 min read AmazonWhole FoodsDeliveryDept. FreshPricing & PromotionsStreamingShoppersMarketing: Loyalty & SubscriptionExecutives 0 Saving Bookmark this article Bookmarked
Corporate Strategy Amazon Tests Out New Prime Benefit — Grocery Delivery Amazon is piloting an add-on grocery subscription for Prime members in three cities that will give members access to unlimited grocery delivery on orders over $35 from Whole Foods Market and Amazon Fresh, as well as unlimited 30-minute pickup on orders of any size. The service — which is being tested in Denver, Sacramento, Calif. […] Retail TouchPoints December 8, 2023December 8, 2023 2 min read AmazonDeliveryBrick and MortarDept. FreshHealth & WellnessMarketing: Social MediaHoliday & EventsShoppersWhole FoodsDept. Natural / OrganicRegional GroceryPricing & PromotionsExecutivesBOPISMarketing: In StoreOperations & Supply ChainPartnerships 0 Saving Bookmark this article Bookmarked
Corporate Strategy From vision to reality: how outsourced development drives results In an era where technology is the foundation of business growth, Vodworks emerges as a pivotal player in the realm of software and product engineering services. Specialising in consulting, outsourcing, and augmented team solutions, Vodworks is the strategic partner for businesses seeking to navigate and conquer their most complex technical challenges. This article explores how […] Retail Technology Innovation Hub December 8, 2023December 8, 2023 5 min read Technology & InnovationAIStrategyPredictions and ForecastsDeliveryOperations & Supply ChainPartnershipsResults & InvestmentTech: IoTSustainabilityMarketing: Loyalty & SubscriptionMarketing: In StoreDept. NonfoodData & InsightsConsultingPricing & Promotions 0 Saving Bookmark this article Bookmarked
Corporate Strategy 6 key details about CosMc’s, McDonald’s new fast food chain CEO Chris Kempczinski said he believes McDonald’s has “the right to win” the afternoon “beverage pick-me-up occasion” with the new concept. MarketingDive December 8, 2023December 8, 2023 < 1 min read Dept. GroceryDept. BeverageExecutives 0 Saving Bookmark this article Bookmarked
Corporate Strategy Google’s Gemini Marketing Trick Google really didn’t have to exaggerate. When the company introduced Gemini this week — its stunning new AI model that beat OpenAI on multiple benchmarks and understands both text and images — it delivered a product that lived up to months of hype. Yet, as the company showed it to the world, it embellished. In […] Bigtechnology December 8, 2023December 8, 2023 4 min read Technology & InnovationAIGoogleData & InsightsChatGPTPodcastsAmazonMarketing: BroadcastStreamingMarketing: Social MediaBigTechTwitterExecutivesPredictions and ForecastsBig DataReturnsDept. BeverageMarketing: In StoreAssociatesBOPISMeta (Facebook)CryptoResults & InvestmentStore LocationHoliday & EventsLegal & Criminal 0 Saving Bookmark this article Bookmarked
Corporate Strategy Krispy Kreme growth strategy focused on QSR Plans include expanded international growth. Food Business News December 8, 2023December 8, 2023 < 1 min read StrategyRestaurantsInternational 0 Saving Bookmark this article Bookmarked
Corporate Strategy The Weekly Closeout: Claire’s expands into Mexico and Squishmallows collabs with H&M [[“value”:” This audio is auto-generated. Please let us know if you have feedback. It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week, and what we’re still thinking about. From Rent the Runway’s decision to restructure […] RetailDive December 8, 2023December 8, 2023 5 min read ExecutivesAssociatesInternationalInternational - North AmericaDept. ApparelBrick and MortarLegal & CriminalOperations & Supply ChainStore LocationData & InsightsPredictions and ForecastsDept. NonfoodPhilanthropyRestaurantsTechnology & InnovationFlagship StoresPress ReleaseDept. Toys & GamesAcquisitionConsumersGovernmentHoliday & EventsPricing & PromotionsEconomyResults & InvestmentThick DataUnileverDept. GroceryDept. FreshPartnerships 0 Saving Bookmark this article Bookmarked
Corporate Strategy Report: Consumers turning to AI for holiday recipes and grocery lists [[“value”:”More than two out of every five shoppers said they’ll rely on the technology for holiday planning”]] Supermarket News December 8, 2023December 8, 2023 < 1 min read ConsumersTechnology & InnovationHoliday & EventsAIStrategyShoppers 0 Saving Bookmark this article Bookmarked
Corporate Strategy McMillon & Jassy: Not Quite Together Again For The First Time Both Walmart CEO Doug McMillon and Amazon CEO Andy Jassy appeared on CNBC yesterday, making observations about their businesses and the current consumer environment. McMillon’s comments included: • “We’re continuing to see traffic growth in store, plus even more transaction growth for pickup, curbside and delivery. As a company our in store business is continuing […] MorningNewsBeat December 8, 2023December 8, 2023 4 min read DeliveryWalmartShoppersAmazonExecutivesConsumersDept. ApparelBOPISOperations & Supply ChainHoliday & EventsGovernmentEconomyCustomer ExperienceCompetitionBrick and MortarKrogerMarketing: Loyalty & SubscriptionMerchandisingMergersRegional GroceryStore LocationSustainabilityAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Corporate Strategy GameStop’s potential new strategy: Let Ryan Cohen buy other stocks with company cash Struggling retailer GameStop is giving its CEO and chair Ryan Cohen even more control, including the ability to use company cash to buy other stocks. In its quarterly report released Wednesday night, GameStop announced two changes to its corporate investment plan: company cash can now be used to buy equities instead of just short-term debt, […] CNBC December 8, 2023December 8, 2023 2 min read ExecutivesResults & InvestmentStrategyData & InsightsDept. FuelEconomyBankruptcyBed Bath & BeyondChewyBrick and Mortar 0 Saving Bookmark this article Bookmarked
Corporate Strategy Facing fines, cluttered aisles and late-night mockery, Dollar General’s returning CEO tries to drive a turnaround KEY POINTS Dollar General’s returning CEO, Todd Vasos, laid out plans to turn around the company’s performance, as sales slow and its stock price slumps. He said the retailer will put more workers in the front of stores, slow down store openings and step up efforts to keep merchandise in stock. The company has been […] CNBC December 8, 2023December 8, 2023 < 1 min read Dollar GeneralExecutivesData & Insights 0 Saving Bookmark this article Bookmarked
Corporate Strategy Former MasterClass Talent Executive and Emmy Award-Winning Producer Launch SonderCo To Reinvent Talent and Brand Partnerships LOS ANGELES, CA — Entertainment and talent executives have launched SonderCo, a new agency dedicated to innovating and deepening the way brands partner with talent, intellectual property, and other brands to create mutual long-term business value. Building on his experience helping make MasterClass a global brand through talent partnerships, Sean Akaks, former Head of Business […] Bigtechnology December 8, 2023December 8, 2023 3 min read PartnershipsExecutivesMarketing: Social MediaDept. ApparelData & InsightsTargetDept. NonfoodEconomyHoliday & EventsGoogleOperations & Supply ChainStrategyUnilever 0 Saving Bookmark this article Bookmarked
Corporate Strategy Peloton chief marketing officer resigns [[“value”:” Dive Brief Leslie Berland became the fitness company’s marketing chief in January, but is departing at the end of the year to join Verizon’s C-suite. Published Dec. 7, 2023 A Peloton bike. The company entered into a five-year deal with Lululemon in September. Courtesy of Peloton “]] RetailDive December 7, 2023December 7, 2023 < 1 min read ExecutivesHealth & WellnessDept. Apparel 0 Saving Bookmark this article Bookmarked
Corporate Strategy Chewy names new CFO [[“value”:” Dive Brief The DTC pet supplies retailer has been looking for someone to fill the role on a permanent basis after Mario Marte stepped down from the role in July. Published Dec. 7, 2023 A Chewy fulfillment center. David Reeder joins the online pet supplies retailer from semiconductor manufacturer GlobalFoundries where he served as […] RetailDive December 7, 2023December 7, 2023 < 1 min read ChewyExecutivesDept. Pet 0 Saving Bookmark this article Bookmarked
Corporate Strategy Walmart’s CFO talks inflation, e-commerce profitability The retailer has been surprised at the resiliency of consumers in the face of high prices throughout 2023, John David Rainey said Wednesday at the Morgan Stanley Global Consumer and Retail Conference. Grocery Dive December 7, 2023December 7, 2023 < 1 min read ConsumersWalmartExecutivesEconomy 0 Saving Bookmark this article Bookmarked
Corporate Strategy 5 Behaviors Innovative Leaders Display Want to inspire others to innovate? Here’s a short excerpt from my book coming in April, The Innovative Leader, on how to do it: People look to their leaders to learn what is acceptable and what is not. They also take cues from how executives spend their time. Your duty as an innovative leader is […] 0 Author Missing December 7, 2023December 7, 2023 2 min read Marketing: BrandStrategyPredictions and ForecastsTechnology & InnovationExecutivesData & Insights 0 Saving Bookmark this article Bookmarked
Corporate Strategy The 8 biggest party trends for 2024 Picture this: You’re invited to an event hosted by your male friends in their late twenties. It’s not a birthday party or engagement, or even New Years’. No – it’s a glitter-filled Eurovision party. Passing revelers dressed as ABBA and Conchita Wurst, you sip on non-alcoholic beer and cheers to good times. The winner’s announced, […] GWI (Global Web Index) December 7, 2023December 7, 2023 7 min read ConsumersTechnology & InnovationMarketing: Social MediaAIPredictions and ForecastsESG and CSRDept. Adult BevDept. BeverageHealth & WellnessStrategyMarketing: TradeHoliday & EventsCOVID19Data & InsightsMarketing: BroadcastDept. GroceryDept. BakerySustainabilityTargetDept. NonfoodDept. DairyDept. PetBig DataEconomyPartnershipsPricing & PromotionsDept. Toys & Games 0 Saving Bookmark this article Bookmarked
Corporate Strategy Unlocking Video Shopping’s Potential: 3 Essential Tips Video shopping has emerged as an interactive digital experience allowing shoppers to connect with knowledgeable experts in real time. However, brands seeking to capitalize on its potential are realizing that seamlessly executing video shopping poses intricate challenges. In my experience leading retail experience strategy for brands across 10 countries, I’ve seen firsthand the stumbling blocks […] Monica Majumdar December 7, 2023December 7, 2023 3 min read PartnershipsTechnology & InnovationShoppersStreamingMarketing: Digital MediaMarketing: Social MediaStrategysocial commerceData & InsightsMarketing: Loyalty & SubscriptionESG and CSRAssociates 0 Saving Bookmark this article Bookmarked
Corporate Strategy Maximizing User Experience: 3 Must-Haves for Building a Respected B2B Marketplace Peer recommendations have been a trusted endorsement for products and services since the earliest days of commerce. However, in the “age of influence,” brands maximize this word-of-mouth endorsement and spread it far and wide through authentic and paid channels. This age-old practice of sharing advice transcends consumer markets. It’s taking hold in the B2B space […] Nitish Shrivastava December 7, 2023December 7, 2023 3 min read ConsumersShoppersPartnershipsMarketing: Social MediaData & InsightsShopifyMarketing: UGCTikTokTechnology & InnovationDept. Natural / OrganicESG and CSRExecutivesUnileverMars Inc.Predictions and ForecastsPress ReleaseAmazon 0 Saving Bookmark this article Bookmarked
Corporate Strategy The Chargebacks That Stole Christmas for Retail Merchants The peak holiday season usually brings a welcome boost in sales and festive cheer for merchants. Known shopping events such as Black Friday, Cyber Monday, Thanksgiving, and Christmas pique consumer interest and lead to increased customer traffic. But while you might support year-end customer activities with festive purchase options, there’s a potential threat to all […] Ariel Chen December 7, 2023December 7, 2023 4 min read Holiday & EventsConsumersShoppersLegal & CriminalDeliveryDept. NonfoodOperations & Supply ChainStore LocationConsultingReturnsDept. ApparelPredictions and ForecastsMarketing: Loyalty & SubscriptionMarketing: TradePricing & PromotionsProcter & GambleResults & InvestmentExecutivesTechnology & InnovationUnileverData & InsightsData VisualizationGoogleDept. Toys & GamesHealth & WellnessDept. Natural / OrganicAssociates 0 Saving Bookmark this article Bookmarked
Corporate Strategy Coldwater Creek Acquires Soft Surroundings, Adopts New Returns Solution Coldwater Creek has completed its purchase of Soft Surroundings, a women’s clothing and accessories retailer that filed for bankruptcy protection in September 2023. The newly combined retailer has selected the Chief Returns Officer solution from Newmine, which has a predictive analytics functionality that will help the retailer quickly analyze and take corrective actions on why […] Retail TouchPoints December 7, 2023December 7, 2023 2 min read ReturnsAcquisitionOperations & Supply ChainOwned Brands (Private Label)BankruptcyMarketing: Social MediaBrick and MortarConsumersData & InsightsDept. ApparelInternational - North AmericaPartnershipsResults & InvestmentExecutives 0 Saving Bookmark this article Bookmarked
Corporate Strategy Peloton CMO jumps to Verizon after less than a year in role As top marketer, Leslie Berland will have a wide remit and “usher in a new chapter” for the telecom’s brand, CEO Hans Vestberg said. MarketingDive December 7, 2023December 7, 2023 < 1 min read Executives 0 Saving Bookmark this article Bookmarked
Corporate Strategy Growth Makes Happy Joe’s Happy Customer frequency matters. When you are a restaurant, looking at your concept, trying to drive top-line sales and bottom-line profits, start with the menu. That according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. That said, leveraging the menu to increase customer frequency without operational disruption is an art and Happy […] Grocerant Guru December 7, 2023December 7, 2023 3 min read Dept. DairyData & InsightsShoppersRestaurantsDept. FrozenInternational - North AmericaMarketing: Social MediaTwitterMeta (Facebook)ExecutivesDept. Fresh 0 Saving Bookmark this article Bookmarked
Corporate Strategy NRF Retracts Claim that Organized Retail Crime Accounted for ‘Nearly Half’ of Retail Shrink The National Retail Federation (NRF) has updated a report that had attributed “nearly half” of 2021’s $94.5 billion in retail shrink to organized retail crime, saying the data point was part of two-year-old testimony to a U.S. Senate committee by Ben Dugan, former President of the Organized Retail Crime Resource Center. The NRF report was […] Written by Retail TouchPoints December 7, 2023December 7, 2023 Saving Bookmark this article Bookmarked
Corporate Strategy Walmart’s hiring and wage pressures have eased, CEO says Walmart CEO Doug McMillon also said artificial intelligence is changing employees’ roles across stores and in warehouses. Written by CNBC December 6, 2023December 7, 2023 Saving Bookmark this article Bookmarked
Corporate Strategy Regional grocers’ e-commerce sales slip in Q3, research finds The drop is due to a higher rate of lapsed shoppers who have either gone back to in-store buying or switched to a competitor’s online services, a new Brick Meets Click and Mercatus report found. Written by Grocery Dive December 6, 2023December 7, 2023 Saving Bookmark this article Bookmarked
Corporate Strategy Walmart CEO says consumers may not be as resilient next year, even as deflation starts to show In a CNBC interview, Walmart CEO Doug McMillon said the discounter is gearing up for a year when it faces tougher comparisons because of falling prices. Written by CNBC December 6, 2023December 7, 2023 Saving Bookmark this article Bookmarked
Corporate Strategy DoorDash named one of Fortune’s Future 50 Companies The delivery company made the list out of 1,000 publicly traded companies that were considered Written by Supermarket News December 6, 2023December 7, 2023 Saving Bookmark this article Bookmarked