Corporate Strategy Dollar General opens 19,000th store GOODLETTSVILLE, Tenn. — Dollar General marked the grand opening of its 19,000th store in Joplin, Mo. on Monday with a community celebration and a $19,000 donation to a local elementary school. Customers also received complimentary DG gift cards, tote bags and product samples. “Today marks an exciting milestone in Dollar General’s history as we open […] MMR February 2, 2023February 2, 2023 2 min read Dollar GeneralPhilanthropyExecutivesOperations & Supply ChainEconomyAssociates 0 Saving Bookmark this article Bookmarked
Corporate Strategy The ‘time is now’ to redefine pharmacy’s role ORLANDO, Fla. — In its 90th year, the National Association of Chain Drug Stores (NACDS) remains focused on the same yet ever-evolving goal: Leading the future of an industry dedicated to advancing health and wellness for all Americans. That is the central theme at this year’s NACDS Regional Chain Conference, which is currently underway. Justin […] MMR February 2, 2023February 2, 2023 5 min read Dept. PharmacyHealth & WellnessPredictions and ForecastsConsumersExecutivesCOVID19Trends: RetailInclusivityDept. NonfoodGovernmentMarketing: In StoreMarketing: SocialPartnershipsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Corporate Strategy Hairitage launches anti-dandruff collection at Walmart NEW YORK — Hairitage by Mindy McKnight, a pioneer in inclusive hair care, is introducing a revolutionary line of antidandruff products exclusively at Walmart. The Hairitage Anti-Dandruff collection raises the industry standard for scalp care, with cleaner formula solutions to eliminate every type of dandruff, each priced at less than $10. This pH optimized and […] MMR February 2, 2023February 2, 2023 2 min read WalmartHealth & WellnessPackagingExecutivesMerchandisingInclusivityDept. HBC 0 Saving Bookmark this article Bookmarked
Corporate Strategy Bob Miller joins board at Save Mart Cos. MODESTO, Calif. — Supermarket industry veteran Robert (Bob) Miller has been named to the board of directors at The Save Mart Companies, a California-based grocer that operates approximately 200 Save Mart, Lucky California, and FoodMaxx stores in the California Central Valley, Bay Area, and Northern Nevada. Save Mart, which is owned by Kingswood Capital Management, […] MMR February 2, 2023February 2, 2023 2 min read ExecutivesBrick and MortarAlbertsons / SafewayStore LocationUnited Natural FoodsMergersKrogerResults & InvestmentRite Aid 0 Saving Bookmark this article Bookmarked
Corporate Strategy Save Mart taps former Albertsons CEO for board Robert Miller, who led Albertsons through its acquisitions of Supervalu and Safeway and has decades of industry experience, joins the grocery operator as it aims to grow its business. Grocery Dive February 2, 2023February 2, 2023 < 1 min read Albertsons / SafewayExecutivesUnited Natural Foods 0 Saving Bookmark this article Bookmarked
Corporate Strategy Gelson’s names new CEO, makes other key title changes John Bagan, who has been the Southern California grocery chain’s president since last July, will take over the top role from Rob McDougall, who is retiring after 15 years with the company. Grocery Dive February 2, 2023February 2, 2023 < 1 min read Executives 0 Saving Bookmark this article Bookmarked
Corporate Strategy Italian job for Emperia as it helps Pinko venture into the metaverse for the first time Italian fashion brand, Pinko, has announced the launch of its first virtual store, developed using the Emperia platform and celebrating the opening of its new Milan boutique. It says that this aims to “drive brand recognition and tap into new female communities, alongside empowering women around the world to feel independent and able to express […] Retail Technology Innovation Hub February 1, 2023February 1, 2023 3 min read MetaversePartnershipsMeta (Facebook)ConsumersTrends: TechTechnology & InnovationShoppersResults & InvestmentPredictions and ForecastsStore LocationData & InsightsDept. ApparelExecutivesStart UpsSustainabilityStrategyNFTInternational - UKAmazon 0 Saving Bookmark this article Bookmarked
Corporate Strategy Trucking companies see freight demand rebounding in 2H 2023 Trucking companies expect freight volumes to pick up in the second half of the year as customers use the first six months to work through excess inventory. “The general consensus, almost unanimous, from customers that have given us feedback about their inventories has been that by the time they get through the spring, things are […] RetailWire February 1, 2023February 1, 2023 < 1 min read Operations & Supply ChainExecutives 0 Saving Bookmark this article Bookmarked
Corporate Strategy Cost of living crisis: Key challenges and opportunities for UK brands The latest GDP figures showed that the UK economy grew by 0.1% in November, boosted by the World Cup and spending on food and drink. But bad economic news continues to stack up. The Bank of England is predicting a “very challenging” two-year recession. The Office for Budget Responsibility (OBR) has forecast a 1.4% fall […] 0 Author Missing February 1, 2023February 1, 2023 3 min read EconomyConsumersInternational - UKResults & InvestmentData & InsightsPredictions and ForecastsTechnology & InnovationDept. GroceryDept. BeverageAssociatesCOVID19Dept. HBCStrategyDept. Nonfood 0 Saving Bookmark this article Bookmarked
Corporate Strategy Finally, a Drive-Thru Only Grocery Store Gen Z and Millennials have an ongoing desire for fresh food discovery, seemingly not wanting to be ‘their parents’, so the question is will they opt for and migrate too a drive-thru grocery store? According to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®, “The jury is still out. It will depend […] Grocerant Guru February 1, 2023February 1, 2023 3 min read Dept. GroceryShoppersMarketing: SocialData & InsightsConsumersBOPISExecutivesMarketing: In StoreSustainabilityTwitterBrick and MortarConsultingMeta (Facebook)Technology & InnovationPredictions and ForecastsESG and CSROperations & Supply ChainResults & InvestmentStrategyThick DataDept. PerimeterDept. Fresh PreparedDept. FreshDept. DeliPartnershipsAssociates 0 Saving Bookmark this article Bookmarked
Corporate Strategy Guitar retailer moves to cloud for omnichannel strategy Post Content Retail Customer Experience February 1, 2023February 1, 2023 < 1 min read OmnichannelTechnology & InnovationStrategy 0 Saving Bookmark this article Bookmarked
Corporate Strategy Peloton CEO doesn’t care that equipment is losing money, sees path forward in the app [[“value”:”The pricey exercise machines posted a negative gross margin for the holiday quarter, but the fitness equipment maker’s overall profit margin was positive.”]] CNBC February 1, 2023February 1, 2023 < 1 min read ExecutivesHealth & WellnessHoliday & Events 0 Saving Bookmark this article Bookmarked
Corporate Strategy Gelson’s promotes John Bagan to CEO Bagan replaces the retiring Rob McDougall Supermarket News February 1, 2023February 1, 2023 < 1 min read Executives 0 Saving Bookmark this article Bookmarked
Corporate Strategy Why Your Retail Business Should Be An LLC Are you planning to open a retail business? It’s quite an achievable dream, and you’re on the right track by landing on this read. The authorities require several items to register your business and allow you to run operations. One of what you need to do is identify a business structure for your business. A […] Retail Minded February 1, 2023February 1, 2023 3 min read GovernmentOperations & Supply ChainResults & InvestmentLegal & CriminalStrategyStart UpsMarketing: UGCAssociates 0 Saving Bookmark this article Bookmarked
Corporate Strategy Competing On Brand Purpose Is Here To Stay The status quo is always being challenged. Whatever dominates is always being criticized and derogated. The mainstream is never the only thing. Trends invite counter-trends. Purpose used to be a challenge to the mainstream. The idea of shareholder capitalism accountable to no other constituencies of interest became the mainstream view of business during the 1970s. […] Branding Strategy February 1, 2023February 1, 2023 2 min read Technology & InnovationMarketing: BrandStrategyESG and CSRPredictions and ForecastsResults & InvestmentSustainabilityMarketing: In StorePhilanthropyInsight ProvidersExecutives 0 Saving Bookmark this article Bookmarked
Corporate Strategy How Daniel’s Jewelers Designs Stores and Shopper Experiences for Hispanic Consumers Joseph Sherwood founded Daniel’s Jewelers in 1948 to make jewelry more accessible for all families. Over the years the retailer has carved a unique space in the Hispanic market thanks to its unique approach to financing, in-store services and merchandising. This has allowed the company to establish a unique value proposition that speaks to the […] Retail TouchPoints February 1, 2023February 1, 2023 4 min read ConsumersShoppersAssociatesAmazonBrick and MortarMerchandisingInclusivityExecutivesMarketing: In StoreStore LocationDept. BeverageEconomyMarketing: Direct & PersonalizationPredictions and ForecastsPricing & PromotionsDept. GroceryStrategy 0 Saving Bookmark this article Bookmarked
Corporate Strategy Here’s How Your Field Service Team Can Fix Problems Before They Happen How much does it cost your business if your equipment goes down for one hour, one day, or one week? What kind of impact does equipment downtime have on your customers and your reputation? Prioritizing proactive field service can help you not only reduce operating costs but also keep your customers happier — and coming […] Salesforce February 1, 2023February 1, 2023 6 min read ShoppersTechnology & InnovationStrategyAssociatesSustainabilityPredictions and ForecastsData & InsightsResults & InvestmentExecutivesReturnsConsultingOperations & Supply ChainPartnershipsDept. NonfoodEconomyData VisualizationMarketing: Social 0 Saving Bookmark this article Bookmarked
Corporate Strategy Policing chief tells Federation of Independent Retailers tackling retail crime is a priority Policing minister Chris Philp has reassured the Federation of Independent Retailers (The Fed) that tackling retail crime is a priority for the government. “As part of our political engagement strategy and commitment to raising awareness in the government of the scale of retail crime,” national president Jason Birks wrote to Philp in December. He invited […] Talking Retail February 1, 2023February 1, 2023 < 1 min read GovernmentStrategy 0 Saving Bookmark this article Bookmarked
Corporate Strategy Why Lack of Inventory Transparency May Be Hindering Your Business Growth Calculating how much inventory to keep on hand can sometimes feel like a Goldilocks story. Too much inventory and you’re left with wasted product. Not enough inventory and you’re left with unhappy shoppers and lost profit. Oftentimes, the amount of inventory on hand is a result of supply chain issues, of which there has been […] Tom Graham February 1, 2023February 1, 2023 4 min read Operations & Supply ChainTechnology & InnovationShoppersData & InsightsSustainabilityConsumersInternationalDeliveryDept. NonfoodEconomyCOVID19ExecutivesInternational - UKLegal & CriminalMarketing: BroadcastPartnershipsTech: IoT 0 Saving Bookmark this article Bookmarked
Corporate Strategy Brand Reliance on Cookies is Ruining the Element of Surprise for Consumers (and Yes, They Resent it) Forget about “Cookie Doomsday.” Even if Google never fully deprecates the third-party cookie in Chrome, retailers still need to ditch those bits of code as soon as they can. The simple fact is that third-party cookies are destroying consumers’ ability to shop the way they want to shop, and the long-term fallout from the resulting […] Phil Schraeder February 1, 2023February 1, 2023 3 min read ConsumersAmazonData & InsightsAcquisitionSustainabilityShoppersPredictions and ForecastsPop UpsGoogleExecutivesDept. NonfoodDelivery 0 Saving Bookmark this article Bookmarked
Corporate Strategy How Retailers Are Using Customer Delivery Personas to Protect Profit Margins Despite record levels of inflation and rising interest rates, there’s good news for retailers: holiday spending was forecasted to be healthy. According to the National Retail Federation (NRF), holiday retail sales in the U.S. during November and December were expected to increase 6 percent to 8 percent from 2021 levels to between $942.6 billion and […] Chris Jones February 1, 2023February 1, 2023 3 min read DeliveryShoppersConsumersHoliday & EventsSustainabilityOperations & Supply ChainStrategyESG and CSREconomyExecutivesDept. ApparelData & InsightsDept. NonfoodMarketing: Loyalty & SubscriptionPredictions and ForecastsTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Corporate Strategy Vera Bradley Shakes Up Leadership, Fully Acquires Pura Vida for $10M Vera Bradley last week announced a new streamlined corporate structure and full acquisition of bracelet brand Pura Vida. As a part of the reorganization, the company has eliminated the positions of Vera Bradley Brand President Daren Hull, Chief Creative Officer Beatrice Mac Cabe, and Chief Revenue Officer Mary Beth Trypus. Pura Vida Co-Presidents Griffin Thall and […] Kristina Stidham February 1, 2023February 1, 2023 < 1 min read AcquisitionExecutivesBrick and MortarData & InsightsSustainabilityAssociatesDept. FreshDept. PerimeterMerchandisingPress ReleaseShoppersEconomy 0 Saving Bookmark this article Bookmarked
Corporate Strategy dunnhumby’s Sixth Annual Retailer Preference Index (RPI) for U.S. GroceryTHE GROCERS BEST ‘BUILT TO LAST’ H-E-B, Costco Best Navigate The 2020 – 2022 Pandemic Grocery Market Upheaval, Bumping Amazon From Its Top Ranking Customers emerged from 2020 – 2022 placing more importance than ever on finding the right balance of savings and quality while placing less importance on saving time. Pandemic surge in retailer digital capabilities and consumer digital adoption […] dunnhumby February 1, 2023February 1, 2023 3 min read ShoppersMarketing: Direct & PersonalizationConsumersdunnhumbyBig DataMarketing: Retail MediaInsight ProvidersHealth & WellnessAmazonOmnichannelMarketing: TradeCOVID19CostcoPredictions and ForecastsHEBDept. GroceryBrick and MortarDept. NonfoodExecutivesDeliveryEconomyResults & InvestmentTechnology & Innovation 0 Saving Bookmark this article Bookmarked 5
Corporate Strategy Whole Foods Pushes Suppliers To Lower Prices The Wall Street Journal is reporting this morning that Amazon-owned Whole Foods is pressing suppliers to lower prices as their own costs start to decline. According to the story, Whole Foods “told suppliers at a recent virtual summit that it wants to bring down retail prices in its store aisles as companies’ own costs start […] MorningNewsBeat February 1, 2023February 1, 2023 2 min read Whole FoodsDept. GroceryEconomyMarketing: TradeDept. FuelDept. BeverageConsumersShoppersExecutivesDept. BakeryAssociatesAmazon 0 Saving Bookmark this article Bookmarked 5
Corporate Strategy Walmart Rolls Out Snazzier Look To Appeal To High Income Shoppers From CNBC: “As Walmart’s low-priced groceries attract shoppers, the retailer is rolling out a fresh strategy aimed at wooing them into other aisles: stores with brighter lights, fashion-forward mannequins and colorful displays of makeup, pet supplies and more … Walmart’s snazzier look is part of a broader effort to sell more discretionary items – like […] MorningNewsBeat February 1, 2023February 1, 2023 2 min read WalmartShoppersBrick and MortarDept. ApparelFlagship StoresDept. FreshResults & InvestmentMerchandisingEconomyConsumersDept. NonfoodDept. GroceryStrategyDept. Pet 0 Saving Bookmark this article Bookmarked 4
Corporate Strategy Whole Foods asks for lower prices, CEO apologies for layoff email and more Plus: MrBeast’s blindness video raises ethics questions. Whole Foods has asked some food producers to lower prices as pressures from inflation begin to ease across the country, the Wall Street Journal reported. “We know our customers are weighing the impacts of inflationary pressure on their buying choices,” Alyssa Vescio, Whole Foods’ senior vice president of […] PR Daily February 1, 2023February 1, 2023 4 min read Technology & InnovationMarketing: SocialWhole FoodsExecutivesDept. GroceryData & InsightsTwitterAssociatesConsumersPhilanthropyEconomyWalmartPredictions and ForecastsUnileverSustainabilityStore LocationShoppersDeliveryOperations & Supply ChainMerchandisingHealth & WellnessDept. DairyDept. Center StoreBrick and MortarESG and CSR 0 Saving Bookmark this article Bookmarked
Corporate Strategy Retail Media’s Next Act with Albertsons Media Collective’s Kristi Argyilan & Evan Hovorka The CPG Guys, PVSB and Sri are joined in this episode by Kristi Argyilan, SVP & Evan Hovorka Head of Products & Innovation Management at Albertsons Media Collective, the retail media arm for Albertsons Companies. Follow Kristi Argyilan on LinkedIn at: https://www.linkedin.com/in/kristiargyilan/Follow Evan Hovorka on LinkedIn at: https://www.linkedin.com/in/evanhovorka/ Follow Albertsons Media Collective on LinkedIn at: […] The CPG Guys February 1, 2023February 1, 2023 2 min read Marketing: Retail MediaAlbertsons / SafewayMarketing: SocialPartnershipsPodcastsTechnology & InnovationBrick and MortarESG and CSRExecutivesMarketing: In StoreResults & InvestmentShopperssocial commerceSustainabilityAgencies 0 Saving Bookmark this article Bookmarked
Corporate Strategy CRN expands staff and adds voting member WASHINGTON —The Council for Responsible Nutrition has promoted four employees – Maya English, Danny Garza, Elise Hall and Craig Muckle – and hired Angelo Schildhauer as membership associate. Steve Mister “I am pleased to announce the promotions of these four employees as recognition for their contributions to CRN,” said president and CEO Steve Mister. […] MMR February 1, 2023February 1, 2023 4 min read Operations & Supply ChainAssociatesGovernmentShoppersConsumersExecutivesLegal & CriminalMarketing: SocialHealth & WellnessPricing & PromotionsInternationalPackagingTechnology & InnovationDeliveryMarketing: TradePartnershipsPredictions and ForecastsResults & InvestmentStore Location 0 Saving Bookmark this article Bookmarked
Corporate Strategy DG president and CFO John Garratt to retire in June GOODLETSVILLE, Tenn. — Dollar General Corp. president and chief financial officer John Garratt intends to retire from his position effective June 2. “John’s retirement comes after an outstanding career as an accomplished and trusted finance executive and most recently as our President and CFO,” Dollar General CEO Jeff Owen said. “On behalf of the entire […] MMR February 1, 2023February 1, 2023 2 min read ExecutivesDollar GeneralResults & InvestmentStrategyPredictions and ForecastsGovernmentAssociates 0 Saving Bookmark this article Bookmarked
Corporate Strategy Regional Chain Conference speakers address key issues ORLANDO — The 2023 National Association of Chain Drug Stores Regional Chain Conference closed Tuesday with more presentations from top speakers on the most timely issues affecting the industry and the patients and consumers it serves. A key feature of the programming was the One-to-One Business Conferences — a highly popular element of the schedule […] MMR February 1, 2023February 1, 2023 2 min read Health & WellnessDept. PharmacyExecutivesData & InsightsConsumersPartnershipsAssociatesCOVID19Predictions and ForecastsStrategyTechnology & InnovationBrick and MortarESG and CSRGovernmentInclusivityInsight ProvidersMarketing: Social 0 Saving Bookmark this article Bookmarked
Corporate Strategy Mondelēz International Reports Q4 and FY 2022 Results Full Year Highlights Net revenues for the full year increased +9.7% driven by Organic Net Revenue1 growth of +12.3% with underlying Volume/Mix of +2.7%. For the fourth quarter, Net revenues increased +13.5% driven by Organic Net Revenue1 growth of +15.4% with underlying Volume/Mix of +1.6% Diluted EPS was $1.96, down 35.5%; Adjusted EPS1 was $2.95, up +11.9% on […] Written by Mondelez February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Corporate Strategy Robots could surpass workers at Amazon by 2030, Cathie Wood says KEY POINTS “We are just at the dawn of the robotics age. And I would say artificial intelligence and battery technology are all a part of that movement as well,” Cathie Wood said. Amazon had more than 1.6 million workers at the end of 2021, according to its most recent annual report. Wood’s Ark Innovation […] Written by CNBC February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Corporate Strategy Aldi expands Too Good To Go partnership nationwide following successful trial Aldi is rolling out its partnership with the world’s largest surplus food platform, Too Good To Go, across all of its 990 UK stores. Following a successful trial last year, Aldi is now offering surplus food bags available nationwide, in a bid to tackle food waste while also offering even lower prices to customers. The […] Written by Talking Retail February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Corporate Strategy dunnhumby’s Sixth Annual Retailer Preference Index (RPI) for U.S. GroceryTHE GROCERS BEST ‘BUILT TO LAST’ H-E-B, Costco Best Navigate The 2020 – 2022 Pandemic Grocery Market Upheaval, Bumping Amazon From Its Top Ranking Customers emerged from 2020 – 2022 placing more importance than ever on finding the right balance of savings and quality while placing less importance on saving time. Pandemic surge in retailer digital capabilities and consumer digital adoption […] Written by dunnhumby February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Corporate Strategy Charted: U.S. Egg Prices More Than Double in 2022 Charted: U.S. Egg Prices Double in 2022 Eggs are a staple food for many countries around the world, and the U.S. is no exception. Americans eat between 250‒280 eggs a year on average. Eggs are also easy to cook, protein-dense and supply many daily vitamins needed for healthy living, making them a popular meal or […] Written by Visual Capitalist February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked