Corporate Strategy Patagonia Joins Sustainable Packaging Initiative, Seeks Non-Tree-Based Solutions Patagonia has joined the Pack4Good sustainability initiative from Canopy as it seeks next-generation packaging solutions that are made from non-tree sources such as agricultural waste and non-forest alternative fibers. The retailer already uses 100% recycled content for its packaging and catalogs but is seeking solutions that significantly reduce reliance on primary forest resources. Zara parent […] Retail TouchPoints September 9, 2024September 9, 2024 2 min read SustainabilityPackagingMarketing: Social MediaDept. ApparelTechnology & InnovationPredictions and ForecastsPhilanthropyOperations & Supply ChainExecutives 0 Saving Bookmark this article Bookmarked
Corporate Strategy Waffle House CEO Walt Ehmer Dead at 58 Ehmer is survived by three children. RetailWire September 9, 2024September 9, 2024 < 1 min read Executives 0 Saving Bookmark this article Bookmarked
Corporate Strategy VML Global CEO Jon Cook on agency merger, AI bets and optimism Nearing a year since the merger’s announcement, the executive dished on what’s working for VML, including surprising client demand for CRM. MarketingDive September 9, 2024September 9, 2024 < 1 min read MergersExecutivesTechnology & InnovationAIMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Corporate Strategy Family Dollar Selects AI-Powered Solution to Enhance Category Management Family Dollar will use solutions from Dunnhumby to make merchandising and category management more customer-centric across its store network. Dunnhumby will use customer data science as well as consumer-led insights and collaboration to help Family Dollar make merchandising decisions that drive greater engagement with the retailer’s 66 million shoppers. The Family Dollar platform will be […] Retail TouchPoints September 9, 2024September 9, 2024 2 min read MerchandisingShoppersAITechnology & InnovationFamily DollarBrick and MortarBig DatadunnhumbyInsight ProvidersMarketing: Retail MediaData & InsightsDollar TreeMarketing: Social MediaMarketing: UGCPredictions and ForecastsConsumersStrategyStore Location 0 Saving Bookmark this article Bookmarked
Corporate Strategy Elevating the Bodega Experience Bodegas are a fixture in local communities and large cities alike. Rachel Krupa has her own fond memories of local corner stores, which is why she’s leveraging her deep CPG experience to reimagine and elevate the experience. During this episode of Retail Remix, Rachel provides insight into why she founded The Goods Mart, and how […] Retail Remix Podcast September 9, 2024September 9, 2024 < 1 min read PodcastsStrategyMarketing: Social MediaHoliday & EventsStore LocationPartnershipsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Corporate Strategy Deloitte Study: Seven Out of Ten Organizations Embrace Marketing Technologies, Including Gen AI CMO Survey Results Share Tweet Share Email The post Deloitte Study: Seven Out of Ten Organizations Embrace Marketing Technologies, Including Gen AI appeared first on The CMO Survey. 0 Author Missing September 9, 2024September 9, 2024 < 1 min read Technology & InnovationAIConsultingMarketing: Social MediaThick DataExecutivesData & InsightsTwitterMeta (Facebook) 0 Saving Bookmark this article Bookmarked
Corporate Strategy Six issues Brian Niccol will have to fix at Starbucks as he takes over as CEO Former Chipotle CEO Brian Niccol is starting as chief executive of Starbucks. CNBC September 9, 2024September 9, 2024 < 1 min read RestaurantsExecutives 0 Saving Bookmark this article Bookmarked
Corporate Strategy Why Accurate Retail Media Measurement Is Now Non-Negotiable | DSI “If manufacturers don’t have that shopping list of what it is that they want in return for their investment, they’re effectively giving money [away for] free.” — Gregor Murray, Vice President of Strategy, Digital Commerce Global The retail media business is booming, with ad spend in the category expected to grow to nearly $130 billion […] Digital Shelf Institute September 9, 2024September 9, 2024 10 min read Marketing: Retail MediaData & InsightsResults & InvestmentShoppersStrategyMerchandisingPredictions and ForecastsPodcastsPartnershipsTechnology & InnovationPricing & PromotionsMarketing: TradeAmazonMarketing: Social MediaCompetitionMarketing: ShopperMarketing: In StoreMarketing: Digital MediaSponsoredSustainability 0 Saving Bookmark this article Bookmarked
Corporate Strategy Rethinking Work. This post provides an update and a request before we return to regular posts next week. The Update For the past 18 months I have been working on my second book which after having been edited, fact checked, proof read and indexed by a team at HarperCollins is ready to go into production in Hardcover, […] Rishad Tobaccowala September 8, 2024September 8, 2024 4 min read Technology & InnovationAIAmazonData & InsightsGeneral BusinessWalmartAssociatesBrick and MortarMetaverseMerchandisingTrends: TechPredictions and ForecastsDept. NonfoodResults & InvestmentDeliveryExecutives 0 Saving Bookmark this article Bookmarked
Corporate Strategy Legacy Grocery Store Market Share Capitulation a Continuing Trend It’s clear that legacy grocery stores, once the dominant force in food retail, are now navigating a challenging landscape marked by significant market share capitulation according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. This shift has been driven by three prominent trends: the encroachment of dollar stores, drug stores, and […] Grocerant Guru September 8, 2024September 8, 2024 5 min read Brick and MortarConsumersDept. GroceryRestaurantsLidlRegional GroceryData & InsightsAldiCompetitionMarketing: Social MediaDept. FreshWaWaDeliveryShoppersCOVID19Food DeliveryDept. PerimeterWalgreensStore FormatOwned Brands (Private Label)Predictions and ForecastsTwitterMeta (Facebook)MerchandisingCVSStrategyTrends: RetailUbereatsDollar GeneralDoorDashESG and CSRGrubhubOperations & Supply ChainMarketing: Loyalty & Subscription7-Eleven & Speedway 0 Saving Bookmark this article Bookmarked
Corporate Strategy Inflation and Private Label with NielsenIQ’s Steve Zurek The CPGGUYS are joined in this episode by Steve Zurek, VP of thought leadership at NielsenIQ. Sri and Steve have a debate and dialogue on private label leadership, the current inflationary trends and the display pressure of the store environment and a reality check on what’s really true at retail vs sensationalizing the outcomes.Find Steve […] The CPG Guys September 7, 2024September 7, 2024 2 min read EconomyInsight ProvidersPodcastsOwned Brands (Private Label)Marketing: Social MediaStreamingMarketing: BroadcastConsumersPepsiCoSustainabilityData & InsightsStrategyPredictions and ForecastsTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Corporate Strategy Foodservice Retail Discontinuity Continues Driven by Gen Z and Millennial Adoption Notice was first given in 1991 when Foodservice Solutions®, Grocerant Guru® Steven Johnson, warned foodservice industry professionals about the shifting consumer mindset at COEX. Then, in 1996, Johnson coined the term “grocerants” in an Op-Ed article published in both FoodService Director and Nation’s Restaurant News. Fast forward to today, and the foodservice industry is […] Grocerant Guru September 7, 2024September 7, 2024 3 min read ConsumersDept. GroceryRestaurantsData & InsightsBrick and MortarMarketing: Social MediaDept. FreshDeliveryDept. PerimeterAmazonTescoFood DeliveryLidlMeta (Facebook)TwitterConsultingRegional GroceryDept. Fresh PreparedInternational - UKOperations & Supply ChainMarketing: Loyalty & SubscriptionPredictions and ForecastsESG and CSRDept. FrozenResults & InvestmentShoppersStrategyGrubhubWalmartAldi 0 Saving Bookmark this article Bookmarked
Corporate Strategy Three Areas to Watch: The Inflation Reduction Act and Prescription Pricing Today’s guest post comes from H. John Beardsley, Senior Vice President of Corporate Strategy at CoverMyMeds John discusses how the new maximum fair prices (MFPs) published by the Centers for Medicaid & Medicare Services (CMS) will affect medication affordability, formulary negotiations, evidence-based strategies, and other aspects of the market. To learn more, register for CoverMyMeds’ […] Drug Channels September 6, 2024September 6, 2024 2 min read EconomyData & InsightsMarketing: Social MediaStrategyShoppersMeta (Facebook)Executives 0 Saving Bookmark this article Bookmarked
Corporate Strategy LL Flooring to liquidate, close all stores after no buyer found “This is not the outcome that any of us had hoped for,” CEO Charles Tyson said in messages to customers and vendors. RetailDive September 6, 2024September 6, 2024 < 1 min read Brick and MortarExecutivesVendors 0 Saving Bookmark this article Bookmarked
Corporate Strategy The Growing Pet Wellness Market: Trends and Opportunities for Retailers By Matt Simon, Executive Director, Retail Ask any pet parent and they’ll likely agree: The saying “you’re only as happy as your saddest child” doesn’t just apply to the parents of humans. Our Shopper Insights Survey found 86% of respondents in households with a dog or a cat said their pets contribute to their overall […] Circana September 6, 2024September 6, 2024 3 min read Dept. PetConsumersHealth & WellnessDept. GroceryInsight ProvidersDept. RefrigeratedThick DataDept. FreshData & InsightsExecutivesEconomyShoppersOwned Brands (Private Label)Dept. Natural / OrganicCOVID19Dept. Toys & GamesBig DataESG and CSRDept. NonfoodAssociates 0 Saving Bookmark this article Bookmarked
Corporate Strategy The cloud hosting dilemma: navigating the options for your business Deciding on cloud hosting for your business can feel like venturing into a labyrinth of technical jargon and endless options. With promises of scalability, cost-efficiency, and security, the cloud offers undeniable benefits, but how do you choose the right path for your business? The truth is, cloud hosting isn’t a one-size-fits-all solution. Different businesses have […] Retail Technology Innovation Hub September 6, 2024September 6, 2024 4 min read Technology & InnovationData & InsightsOperations & Supply ChainMarketing: Social MediaMarketing: In StoreSustainabilityPricing & PromotionsAssociatesResults & InvestmentDept. NonfoodShoppersStrategyTargetHealth & WellnessTwitter 0 Saving Bookmark this article Bookmarked
Corporate Strategy Why Nationwide tapped Peyton Manning to sell more than insurance in new ads CMO Ramon Jones explained why the company will invest the bulk of its annual ad spend to leverage its partnership with the NFL. MarketingDive September 6, 2024September 6, 2024 < 1 min read PartnershipsExecutives 0 Saving Bookmark this article Bookmarked
Corporate Strategy Labor Day Recap We hope everyone had a fantastic Labor Day Weekend! In this edition, we’ll analyze the performance of the furniture and mattress industries during this holiday week compared to last year. Analyzing the data from Labor Day weekends in 2023 and 2024 provides valuable insights into how these sectors performed over the holiday, highlighting significant changes […] Trakwell.ai (formerly Doorcounts) September 6, 2024September 6, 2024 4 min read Data & InsightsAITechnology & InnovationAssociatesHoliday & EventsMarketing: Social MediaStore LocationDeliveryConsumersPredictions and ForecastsMarketing: TradeTrends: MarketingData VisualizationPricing & PromotionsStrategyTrends: Retail 0 Saving Bookmark this article Bookmarked
Corporate Strategy Walmart expands marketplace offerings with StockX sneaker deal The big box retailer executive Manish Joneja said the broadened assortment should draw more buyers. RetailDive September 5, 2024September 5, 2024 < 1 min read WalmartRecommerceMerchandisingExecutives 0 Saving Bookmark this article Bookmarked
Corporate Strategy From Reactive to Proactive: Predictive Analytics in Retail Predictive analytics is revolutionizing the retail industry by shifting the business approach from reactive to proactive. Utilizing historical data, predictive models forecast future trends, customer behaviors, and potential market changes, allowing retailers to anticipate and prepare rather than simply react. Understanding Predictive Analytics Predictive analytics involves using data, statistical algorithms, and machine learning techniques to […] Wiser Retail Strategies September 5, 2024September 5, 2024 2 min read Data & InsightsShoppersPredictions and ForecastsOperations & Supply ChainMarketing: In StoreStrategyDept. NonfoodAIConsumersCompetitionMarketing: Loyalty & Subscription 0 Saving Bookmark this article Bookmarked
Corporate Strategy Marketers Need Authority To Build Profitable Brands Strong brands produce significant, sustainable value for the firm. There is no real debate about this fact. The value of a brand can also be readily measured: it is the price premium the brand commands relative to a comparable unbranded product. And, unlike other easily imitated product or service differences, like quality and price, a […] Branding Strategy September 5, 2024September 5, 2024 3 min read Marketing: BrandStrategyThick DataExecutivesOperations & Supply ChainShoppersAssociatesSustainabilityResults & InvestmentConsumersPricing & PromotionsMarketing: Social MediaMarketing: Digital MediaData & InsightsHealth & WellnessESG and CSRDept. PerimeterDept. FreshTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Corporate Strategy Is Your Vision Guiding Or Misguiding Your Strategy? Here’s one of the most popular and least effective management methods: a strategy template that starts with a company’s Vision and Mission and cascades down to Strategies and Objectives. This strategy template has many problems, such as not mentioning customers’ priorities or your competitive strengths (these should be foundational!). It often produces vague, generic results […] Branding Strategy September 5, 2024September 5, 2024 2 min read StrategyMarketing: BrandTechnology & InnovationAIPredictions and ForecastsShoppersRestaurantsSustainabilityStore LocationOwned Brands (Private Label)Marketing: In StoreDept. Grocery 0 Saving Bookmark this article Bookmarked
Corporate Strategy How to Get My Invention Developed in The U.S. In 2024, product development is still going strong. If you’re an aspiring inventor with a great idea that could change the world, you might wonder how to make it a reality. So, how do you bring an invention to life? This article will guide you through the process of developing your idea. It will start […] Retail Bound September 5, 2024September 5, 2024 6 min read Technology & InnovationLegal & CriminalOperations & Supply ChainResults & InvestmentConsumersCompetitionPartnershipsStrategyTargetGovernmentData & InsightsPredictions and ForecastsDept. NonfoodESG and CSRPepsiCoMarketing: Social MediaShoppersMarketing: In Store 0 Saving Bookmark this article Bookmarked
Corporate Strategy Reimagining Store Operations: Unifying the Associate Experience In the last few years, retail stores have transformed from delivering basic sales functions into much more. They’re now customer engagement hubs, micro-fulfillment centers, omnichannel service centers and much more. As the lines between channels continue to blur, the variety, volume and velocity of store associate tasks has exploded. Recent research with retail executives — […] Tony DiPaolo September 5, 2024September 5, 2024 < 1 min read Operations & Supply ChainOmnichannelTechnology & InnovationShoppersExecutivesBrick and Mortar 0 Saving Bookmark this article Bookmarked
Corporate Strategy Dollar General and Dollar Tree see lackluster Q2 results but bright spot with consumables Pressures on consumer spending are impacting both discounters, executives noted in their recent earnings calls. Grocery Dive September 5, 2024September 5, 2024 < 1 min read Dollar TreeDollar GeneralResults & InvestmentExecutivesConsumers 0 Saving Bookmark this article Bookmarked
Corporate Strategy How brands can maximize consumer searches in the age of generative AI Marketers must refine their search strategy as consumers, particularly younger cohorts, shift away from traditional search engines, said Captify’s Mike Welch. MarketingDive September 5, 2024September 5, 2024 < 1 min read ConsumersTechnology & InnovationAIStrategy 0 Saving Bookmark this article Bookmarked
Corporate Strategy When Food Marketing Partnerships Go Wrong: 7 Key Mistakes and 7 Ways to Prevent Them Consumers are dynamic not static according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® thus, partnerships between brands and other entities, such as sports teams or entertainment franchises, can be a powerful way to boost visibility, connect with consumers, and drive sales. However, when these partnerships go wrong, the fallout can […] Grocerant Guru September 5, 2024September 5, 2024 4 min read PartnershipsData & InsightsDept. GroceryConsumersLegal & CriminalResults & InvestmentMarketing: Social MediaStrategyRestaurantsMeta (Facebook)ConsultingTwitterESG and CSRShoppersTargetTechnology & InnovationWalmart 0 Saving Bookmark this article Bookmarked
Corporate Strategy Nordstrom family group offers $3.8B to go private In pursuit of a takeover, CEO Erik Nordstrom and his brother, President Pete Nordstrom, have teamed up with other family members as well as retail conglomerate El Puerto de Liverpool. RetailDive September 5, 2024September 5, 2024 < 1 min read Pricing & PromotionsExecutives 0 Saving Bookmark this article Bookmarked
Corporate Strategy Walgreens sued by shareholder amid plummeting stock price The company’s top directors — including CEO Tim Wentworth and CFO Manmohan Mahajan — allegedly breached their fiduciary duty by inflating Walgreens’ performance projections. RetailDive September 5, 2024September 5, 2024 < 1 min read WalgreensExecutives 0 Saving Bookmark this article Bookmarked
Corporate Strategy Retailers’ Secret Weapon for Holiday Success: Server-Side Tagging E-commerce holiday spending reached an impressive peak of $1.17 trillion in 2023, up 3 percent from 2022. If this trend continues — as many analysts expect — then retailers are in for a challenging but lucrative 2024 season. Retailers’ obstacle (or their opportunity) will be to capitalize on increased consumer spending while heeding shifting consumer […] Greg Brunk September 5, 2024September 5, 2024 3 min read ConsumersData & InsightsHoliday & EventsShoppersStore LocationMarketing: Direct & PersonalizationCustomer ExperienceGovernmentConsultingLegal & CriminalPredictions and ForecastsPricing & PromotionsStrategySustainabilityVendors 0 Saving Bookmark this article Bookmarked
Corporate Strategy Six issues Brian Niccol will have to fix at Starbucks as he takes over as CEO Former Chipotle CEO Brian Niccol is starting as chief executive of Starbucks. Written by CNBC September 9, 2024September 9, 2024 Saving Bookmark this article Bookmarked
Corporate Strategy The Friday Checkout: How strong can C&S be without Safeway? In a letter that surfaced during the federal Kroger-Albertsons merger trial, C&S told the FTC it would be able to “compete more effectively” if the grocers divest a stronger banner. Written by Grocery Dive September 6, 2024September 9, 2024 Saving Bookmark this article Bookmarked
Corporate Strategy Walmart Tops List of Leading US Retailers By 2023 Sales Walmart leads Forrester’s 2023 US retailer ranking, with Amazon in second. The top 10, representing 38% of total retail sales, remain unchanged from 2022. Walmart has once again secured the top position in Forrester’s annual ranking of the 67 largest US retailers (ranked by 2023 US net retail sales), with Amazon following closely in second […] Written by Forrester September 5, 2024September 9, 2024 Saving Bookmark this article Bookmarked
Corporate Strategy Increasing ROI From In-Store Promotions The post Increasing ROI From In-Store Promotions appeared first on SPINS. Written by Spins September 5, 2024September 5, 2024 Saving Bookmark this article Bookmarked
Corporate Strategy Charts: U.S. Consumer Outlook Q3 2024 Per a new McKinsey survey, U.S consumers are increasingly optimistic about the economy. Some even “splurged” on spending this summer. The post Charts: U.S. Consumer Outlook Q3 2024 appeared first on Practical Ecommerce. Written by Practical Ecommerce September 5, 2024September 9, 2024 Saving Bookmark this article Bookmarked