Corporate Strategy IFF transitioning to new operating model Former Kellogg exec to lead food and beverage categories. Food Business News June 10, 2023June 10, 2023 < 1 min read Kellogg'sDept. BeverageExecutivesDept. Grocery 0 Saving Bookmark this article Bookmarked
Corporate Strategy NACDS implores North Carolina Senate to advance PBM bill RALEIGH, N.C. – The National Association of Chain Drug Stores is calling on North Carolina lawmakers to continue to stand up for North Carolinians in the face of “pharmaceutical benefit manipulation” in all its forms. A newly released PBM reform “explainer video” — with customized content unique to North Carolina — applauds the state government […] MMR June 9, 2023June 9, 2023 2 min read GovernmentMarketing: SocialDept. PharmacyOperations & Supply ChainExecutivesBrick and Mortar 0 Saving Bookmark this article Bookmarked
Corporate Strategy 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
Corporate Strategy Perfect Corp. teams with Warner Bros. Pictures for The Flash interactive AR try-on experience Perfect Corp. has launched an interactive augmented reality (AR) experience for Warner Bros. Pictures’ upcoming film The Flash. Movie filters and effects are available free to users in the AR try-on app, YouCam Makeup, and photo-editing app, YouCam Perfect. The Flash virtual experience features an exclusive animated effect and stickers that invite users to activate […] Retail Technology Innovation Hub June 9, 2023June 9, 2023 < 1 min read Technology & InnovationAIMarketing: SocialTwitterInternational - UKTech: AR and VRPartnershipsMetaverseExecutivesESG and CSRDept. Nonfood 0 Saving Bookmark this article Bookmarked
Corporate Strategy Hostess execs energized by baking plant project New facility in Arkansas slated to open in Q4. Food Business News June 9, 2023June 9, 2023 < 1 min read Executives 0 Saving Bookmark this article Bookmarked
Corporate Strategy Innovation is next frontier for private brands: FMI While 82% of surveyed food retail executives said they are planning more store brand investments, only 10% said their organizations are “very far along” with innovation, per the trade group. Grocery Dive June 9, 2023June 9, 2023 < 1 min read Technology & InnovationOwned Brands (Private Label)StrategyExecutivesDept. Grocery 0 Saving Bookmark this article Bookmarked
Corporate Strategy J.Crew teams with Obsess for immersive virtual experience celebrating 40th anniversary J.Crew has announced the launch of an immersive virtual store powered by experiential e-commerce platform Obsess. The 3D, shoppable experience celebrates the company’s 40th anniversary and takes the form of a beach house that features six rooms and a separate boathouse. The J.Crew Virtual Beach House also offers interactive content highlighting the brand’s heritage, along […] Retail Technology Innovation Hub June 9, 2023June 9, 2023 2 min read Technology & InnovationMarketing: SocialPartnershipsTwitterShoppersBrick and MortarMarketing: PrintDept. ApparelExecutivesPricing & PromotionsInternational - UKDept. FreshMerchandising 0 Saving Bookmark this article Bookmarked
Corporate Strategy 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
Corporate Strategy MyForest Foods secures funding, hires new CEO Company raised over $15 million and hires Greg Shewchuck. Food Business News June 8, 2023June 8, 2023 < 1 min read Executives 0 Saving Bookmark this article Bookmarked
Corporate Strategy Saving the Sale: Building a Customized Purchase-After-Return Incentive Program Picture this: You ordered a shirt that you really liked from your favorite retailer. Then, when it finally arrives, it doesn’t fit correctly, and you must now navigate the returns process. This may include jumping through hoops to meet the retailer’s return policy requirements: Do you have to return in-store? Is returning the shirt free […] Peter Barker June 8, 2023June 8, 2023 3 min read Technology & InnovationAIReturnsShoppersMarketing: Loyalty & SubscriptionCustomer ExperienceStrategyMarketing: In StoreDept. ApparelMarketing: UGCPricing & PromotionsTech: AIStore LocationData & InsightsOperations & Supply ChainDept. NonfoodDeliveryMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Corporate Strategy 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
Corporate Strategy 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
Corporate Strategy Wilko on the hunt for retail technology leader as it steps up omnichannel transformation push Wilko, a British high street chain that sells homewares and household goods, is looking for a senior software engineering leader to head up its digital engineering capability. In a LinkedIn post, Simon Reeve, Head of Engineering and Architecture at Wilko, said: “This is an exciting and challenging role, taking end to end ownership and accountability […] Retail Technology Innovation Hub June 8, 2023June 8, 2023 2 min read Technology & InnovationOmnichannelMarketing: SocialTwitterShoppersBrick and MortarDeliveryBOPISStrategyInternational - UKDept. NonfoodEconomyPartnershipsData & InsightsSustainability 0 Saving Bookmark this article Bookmarked
Corporate Strategy Made in Chelsea star Ollie Proudlock picks Inventory Planner for Serge DeNimes jewellery brand Oliver Proudlock’s luxury jewellery brand is joining forces with Sage owned forecasting tool Inventory Planner. Proudlock’s Serge DeNimes venture is adopting the technology so its team is always across what products to buy and when to buy it as the business grows. “Inventory Planner by Sage has completely changed the way we work already,” says […] Retail Technology Innovation Hub June 8, 2023June 8, 2023 < 1 min read Operations & Supply ChainTechnology & InnovationShoppersMarketing: BroadcastInternational - UKExecutives 0 Saving Bookmark this article Bookmarked
Corporate Strategy Food Retailers with YoY Customer Counts Down, Sales Slipping, and Rent Sky Rocketing Need to Evolve Here is some of what the team at Tacoma, WA based Foodservice Solutions® has heard from clients, at the National Restaurant Show, or read printed in other recent articles. The simple fact is that rent for food retailers including restaurants, C-Stores, Deli’s etc. are continuing to increase. In many spots around the country, they […] Grocerant Guru June 8, 2023June 8, 2023 5 min read Dept. GroceryData & InsightsShoppersDept. DeliDept. Fresh PreparedRestaurantsMarketing: SocialMerchandisingResults & InvestmentMarketing: In StoreBrick and MortarStrategyExecutivesPartnershipsEconomyTechnology & InnovationTwitterMeta (Facebook)Marketing: Loyalty & SubscriptionDeliveryConsultingDept. FreshDept. PerimeterConsumersCOVID19Data VisualizationDept. Adult BevDept. BeverageDept. FrozenESG and CSRInternational - North AmericaMarketing: TradeMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Corporate Strategy AstroPay extends partnership with English Premier League football team Wolverhampton Wanderers AstroPay, a FinTech and online payment solution specialist, has announced the extension of its principal partnership with English Premier League team Wolverhampton Wanderers Football Club, also known as Wolves. Having inked a sponsorship deal in 2021, AstroPay has worked with Wolves to provide fans with a range of experiences, rewards and prizes. As part of […] Retail Technology Innovation Hub June 8, 2023June 8, 2023 2 min read PartnershipsTechnology & InnovationMarketing: SocialMarketing: BrandTwitterTrends: FinancePricing & PromotionsStrategyResults & InvestmentPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Corporate Strategy Amazon Said To Plan Ad-Supported Tier For Prime Video The Wall Street Journal reports that Amazon “is planning to launch an advertising-supported tier of its Prime Video streaming service as it looks to further build its ad business and generate more revenue from entertainment.” The discussions of such an offering, the Journal writes, “come in the wake of cost-cutting reviews across the company’s businesses, […] MorningNewsBeat June 8, 2023June 8, 2023 4 min read AmazonStreamingDept. NonfoodDept. Toys & GamesMarketing: Digital MediaExecutivesStrategyResults & InvestmentMarketing: Loyalty & SubscriptionOperations & Supply ChainTechnology & InnovationPredictions and ForecastsMeta (Facebook)PodcastsEconomyMarketing: UGCMarketing: SocialGoogleData & InsightsMarketing: Broadcast 0 Saving Bookmark this article Bookmarked
Corporate Strategy 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
Corporate Strategy 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 […] MMR June 8, 2023June 8, 2023 4 min read Dept. BeverageConsumersDept. GrocerySustainabilityHealth & WellnessDept. NonfoodTechnology & InnovationProcter & GambleRestaurantsMarketing: SocialDept. HBCDept. Adult BevDept. OTCCOVID19Data & InsightsPackagingDept. FreshTrends: Food and BeverageEconomyCoca ColaGooglePricing & PromotionsPepsiCoInclusivityInsight ProvidersMarketing: BrandMarketing: Loyalty & SubscriptionMondelezOperations & Supply ChainStrategyResults & InvestmentShoppersTrends: ManufacturerESG and CSRUnileverDept. LaundryCPG: Adult BeverageDeliveryData VisualizationBig Data 0 Saving Bookmark this article Bookmarked
Corporate Strategy World of Sweets taps Algonomy retail technology for deeper understanding of omnichannel customers Hancocks, a UK-based confectionery wholesaler and part of the World of Sweets Group, is to deploy Algonomy’s Omnichannel Personalisation Platform. By using AI, customer segmentation, and predictive models that Algonomy’s platform affords, Hancocks is set to deliver online content, product recommendations, search results, and browsing experience based on individual customer profiles. The wholesaler serves a […] Retail Technology Innovation Hub June 7, 2023June 7, 2023 2 min read Technology & InnovationShoppersOmnichannelAIMarketing: SocialTwitterEconomyInternational - UKDept. BakeryBOPISMarketing: Direct & PersonalizationInclusivityStrategyDeliveryData & InsightsBrick and MortarPricing & Promotions 0 Saving Bookmark this article Bookmarked
Corporate Strategy GameStop fires CEO, names Ryan Cohen executive chairman; shares plummet [[“value”:”GameStop fired its CEO and appointed Ryan Cohen as executive chairman just months after the company reported its first quarterly profit in two years.”]] CNBC June 7, 2023June 7, 2023 < 1 min read Executives 0 Saving Bookmark this article Bookmarked
Corporate Strategy Alaiko, Europe’s fastest growing direct to consumer fulfilment provider, launches in the UK Europe’s leading direct to consumer e-commerce fulfilment company, Alaiko, is expanding into the UK. To serve the local market, its is partnering with a state-of-the-art fulfilment centre north of London. Unlike other logistics providers, Alaiko is a tech first fulfilment company. It enables shops to manage e-commerce operations from start to finish, using its unique […] Retail Technology Innovation Hub June 7, 2023June 7, 2023 2 min read International - UKOperations & Supply ChainShoppersDeliveryTechnology & InnovationReturnsInternationalConsumersCustomer ExperienceTech: RoboticsExecutivesGovernmentDept. NonfoodPartnershipsPredictions and ForecastsPricing & PromotionsResults & InvestmentStore LocationTrends: Tech 0 Saving Bookmark this article Bookmarked
Corporate Strategy 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
Corporate Strategy Technologies That Are Essential to a Successful Omnichannel Retail Organization Technological advancement continues to disrupt retail strategies, altering customers’ behavior and, consequently, retail businesses. New technologies influence customers as they switch between channels for research and shopping. Companies must focus on managing the numerous customer touchpoints available simultaneously. Omnichannel has become an appealing medium for retailers to interact with customers and sell their products and […] Ashwin Parmar June 7, 2023June 7, 2023 3 min read Technology & InnovationAIOmnichannelShoppersData & InsightsCustomer ExperienceConsumersOperations & Supply ChainMarketing: In StoreStrategyMarketing: Direct & PersonalizationPredictions and ForecastsDept. NonfoodExecutivesDeliveryBrick and MortarTrends: RetailMarketing: SocialPricing & PromotionsTech: AITech: IoT 0 Saving Bookmark this article Bookmarked
Corporate Strategy CEO Survey: Economy Remains Solid A Business Roundtable survey of more than 100 US CEOs concludes that “the breakneck pace of corporate hiring may slow in coming months, but the overall economy remains solid,” Axios reports. According to the story, “The view from the corporate suite is of an economy that can come off its inflationary hot boil — without […] MorningNewsBeat June 7, 2023June 7, 2023 2 min read EconomyExecutivesThick DataConsumersData & InsightsResults & InvestmentAssociates 0 Saving Bookmark this article Bookmarked
Corporate Strategy Loblaw To Wind Down Third-Party Marketplace The Toronto Sun reports that “Loblaw Companies Ltd. says it’s shutting down its third-party marketplace.” Spokesperson Catherine Thomas tells the Sun that “the company has learned a lot about what customers are shopping for online, but that given the rapid change in e-commerce over the past three years, Loblaw has decided to focus on its […] MorningNewsBeat June 7, 2023June 7, 2023 < 1 min read VendorsSustainabilityStrategyShoppersMerchandisingDept. PharmacyDept. Pet 0 Saving Bookmark this article Bookmarked
Corporate Strategy 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
Corporate Strategy Flipping Over Veggie Burgers with Actual Veggies’ Hailey Swartz The CPG Guys are joined in this episode by Hailey Swartz, co-founder of Actual Veggies, a manufacturer of chef-crafted, fresh & refrigerated burgers that celebrate vegetables instead of trying to mask them. Follow Hailey Swartz on LinkedIn at: https://www.linkedin.com/in/haileyswartz/Follow Actual Veggies on LinkedIn at: https://www.linkedin.com/company/actual-veggies/Follow Actual veggies online at: https://actualveggies.com/ Hailey answers these questions:1) Hailey, your […] The CPG Guys June 7, 2023June 7, 2023 2 min read Marketing: SocialPodcastsDept. FreshExecutivesDept. GroceryConsumersDept. RefrigeratedTechnology & InnovationDept. Perimeter 0 Saving Bookmark this article Bookmarked
Corporate Strategy E-commerce integration platform as a service firm Patchworks joins the MACH Alliance E-commerce integration platform as a service (iPaaS), Patchworks, has joined the MACH Alliance as an ISV (independent software vendor) member. According to a press release: “A MACH (Microservices, API first, Cloud native SaaS and Headless) architecture gives companies a greater degree of agility, allowing them to deliver new features to customers at speed.” “As organisations […] Retail Technology Innovation Hub June 7, 2023June 7, 2023 2 min read Marketing: SocialTwitterPredictions and ForecastsTechnology & InnovationOperations & Supply ChainExecutivesUnileverPress ReleasePartnershipsDept. NonfoodCustomer Experience 0 Saving Bookmark this article Bookmarked
Corporate Strategy Payments veterans Guy Harris and Eric M. Hoffman join chargeback management technology firm Chargebacks911 Chargebacks911 has announced the appointment of Guy Harris as its Chairman of the board, and Eric M. Hoffman as President of Interbank Solutions and board member. Monica Eaton, CEO and Founder at Chargebacks911, comments: “I couldn’t be more excited to bring onboard Guy Harris and Eric Hoffman. It is rare to find two financial powerhouses […] Retail Technology Innovation Hub June 6, 2023June 6, 2023 < 1 min read Technology & InnovationMarketing: SocialTwitterExecutivesConsumersResults & InvestmentPepsiCoInclusivity 0 Saving Bookmark this article Bookmarked
Corporate Strategy 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
Corporate Strategy 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
Corporate Strategy 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
Corporate Strategy 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
Corporate Strategy 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