Corporate Finance 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 Finance Bed Bath & Beyond closing 87 more stores NEW YORK —Bed Bath & Beyond said today it is closing an additional 87 stores, as the retailer seeks to consolidate its assets ahead of a possible bankruptcy filing. The company confirmed the closures in a statement, adding it was also closing all Harmon health and beauty store locations. “As we work with our advisors […] MMR February 2, 2023February 2, 2023 < 1 min read Brick and MortarBed Bath & BeyondDept. HBCHealth & WellnessBankruptcy 0 Saving Bookmark this article Bookmarked
Corporate Finance J&J Snack earnings down on softer consumer climate But sales increase 10% during the quarter. Food Business News February 2, 2023February 2, 2023 < 1 min read Results & InvestmentDept. GroceryConsumers 0 Saving Bookmark this article Bookmarked
Corporate Finance 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 Finance 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 […] Mondelez February 1, 2023February 1, 2023 5 min read InternationalMondelezHealth & WellnessDept. Natural / OrganicResults & InvestmentInternational - North AmericaAcquisition 0 Saving Bookmark this article Bookmarked 4
Corporate Finance 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 Finance C-Store Consumers want Fresh Food Fast Priced Right Convenience store operators want to garner a larger share of stomach and they continue to target fast food restaurant customers looing for something new, fresh, fast, that cost less. Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® stated, the constant fluctuating price of gasoline is not attractive to consumers nor does it […] Grocerant Guru February 1, 2023February 1, 2023 4 min read Dept. GroceryConsumersShoppersData & InsightsDept. FreshMarketing: SocialDept. PerimeterDept. FuelEconomyBrick and MortarCompetitionTwitterMeta (Facebook)Marketing: Loyalty & SubscriptionTargetStore LocationResults & InvestmentRestaurantsDeliveryDept. DeliDept. Fresh PreparedESG and CSROwned Brands (Private Label) 0 Saving Bookmark this article Bookmarked
Corporate Finance 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 Finance 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 Finance 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 Finance 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 Finance 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 Finance 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 Finance How (& Where) To Fast Charge An EV (And Maybe A Retailer) The Wall Street Journal reports that TravelCenters of America is working with a company called Electrify America “to build around 1,000 electric-vehicle fast chargers across the U.S. starting this year, the latest matchup that would boost the amount of equipment available to American EV drivers who need a jolt of power on road trips.” It […] MorningNewsBeat February 1, 2023February 1, 2023 2 min read Dept. NonfoodDept. FuelEconomyConsumersCompetitionResults & InvestmentPartnershipsGovernment 0 Saving Bookmark this article Bookmarked
Corporate Finance 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 Finance 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 Finance 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 Finance H-E-B tops dunnhumby RPI for 2022 CHICAGO –– H-E-B has regained the leadership position in the sixth annual dunnhumby Retailer Preference Index (RPI), an examination of the U.S. grocery market released today by data science firm dunnhumby. Costco Wholesale holds the second position in this year’s index, followed by Amazon. Wegmans held the fourth position for the third consecutive year. Rounding […] MMR February 1, 2023February 1, 2023 3 min read Marketing: Retail MediaBig DatadunnhumbyInsight ProvidersShoppersConsumersHEBAmazonDept. GroceryEconomyWegmansTrader JoesWalmartCOVID19Results & InvestmentThick DataData & InsightsOmnichannelOperations & Supply ChainTargetDept. NonfoodAssociatesBrick and MortarDept. FreshAldiWakefernPepsiCoMerchandisingMarketing: TradeCostcoAhold Delhaize 0 Saving Bookmark this article Bookmarked 5
Corporate Finance Dunnhumby Survey: H-E-B Regains Title of America’s Top Grocer as Club Stores Move Up the Ranks Three years after the pandemic upturned the grocery industry, omnichannel chain H-E-B has regained its leadership position as the top U.S. grocery retailer from Amazon, with Costco following closely behind in second place, according to the sixth annual Dunnhumby Retailer Preference Index (RPI). Amazon fell to third, while Wegmans took the fourth spot for the […] Retail TouchPoints January 31, 2023February 1, 2023 3 min read dunnhumbyInsight ProvidersMarketing: Retail MediaBig DataConsumersHEBCOVID19ShoppersAmazonEconomyBrick and MortarOmnichannelThick DataWegmansResults & InvestmentTrader JoesDept. NonfoodWalmartDept. GroceryData & InsightsCostcoMarketing: Direct & PersonalizationMarketing: SocialMarketing: TradeMerchandisingPepsiCoDept. FreshTarget 0 Saving Bookmark this article Bookmarked
Corporate Finance New DexoryView logistics solution taps robots, digital twins and real-time data intelligence London-based robotics and data intelligence company Dexory has launched a new platform called DexoryView. Supported by a new Dexory robot, said to be the tallest yet of its kind, this automates data collection and builds real-time digital twins that unlock insights across all levels of warehouse operations. This allows companies up-to-date access to their inventory – across […] Retail Technology Innovation Hub January 31, 2023January 31, 2023 2 min read Operations & Supply ChainTech: RoboticsTechnology & InnovationData & InsightsMarketing: SocialTwitterTrends: TechExecutivesInternational - UKResults & InvestmentPricing & PromotionsPackaging 0 Saving Bookmark this article Bookmarked
Corporate Finance Agencies, consultancies step up metaverse investment, experiments Publicis Groupe launched a giant red telephone as a Web3 recruiting tool, while Accenture made a strategic investment in a livestreaming company. MarketingDive January 31, 2023January 31, 2023 < 1 min read MetaverseAgenciesResults & InvestmentTrends: TechCryptoConsulting 0 Saving Bookmark this article Bookmarked
Corporate Finance KFC Balances Employees and Customers for Sustainability Balancing a ‘dual mandate’, is the mantra most business leaders have been hearing a little too much of lately. So, just what is the most important dual mandate within the retail food sector today? That mandate according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® is branded messaging with equal relevance […] Grocerant Guru January 31, 2023January 31, 2023 4 min read RestaurantsConsumersSustainabilityAssociatesDept. GroceryData & InsightsShoppersPartnershipsUnileverResults & InvestmentStore LocationCustomer ExperienceDept. FreshHealth & WellnessTechnology & InnovationGovernmentPricing & PromotionsDept. HBCDept. PerimeterEconomyExecutivesOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Corporate Finance Jim Cramer’s Investing Club meeting Monday: Dow stocks, Fed, Ford [[“value”:”The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.”]] CNBC January 30, 2023January 30, 2023 < 1 min read Results & InvestmentEconomy 0 Saving Bookmark this article Bookmarked
Corporate Finance How Brands Can Compete On Trust Trust matters. This one word – so loaded with meaning and impact – drives competitive market share and pricing in industry after industry where outputs are hard to assess or delivered as a service. Moreover, if a customer doesn’t trust a company, loyalty will be fickle. Trust should not be taken for granted. In a […] Branding Strategy January 30, 2023January 30, 2023 4 min read StrategyConsumersMarketing: BrandShoppersHealth & WellnessPredictions and ForecastsDept. FreshTechnology & InnovationMarketing: Loyalty & SubscriptionDept. PerimeterBrick and MortarThick DataCompetitionOwned Brands (Private Label)ConsultingResults & InvestmentMarketing: Direct & PersonalizationDeliveryDept. LaundryEconomyAssociatesAcquisition 0 Saving Bookmark this article Bookmarked
Corporate Finance Frasers Group launches BNPL financial solution Frasers Group has launched buy now, pay later (BNPL) product through its new “Frasers Plus” scheme. Shoppers are able to divide their purchases into three, interest-free instalments paid over the… The post Frasers Group launches BNPL financial solution appeared first on Latest Retail Technology News From Across The Globe – Charged. ChargedRetail January 30, 2023January 30, 2023 < 1 min read Trends: FinanceBNPLResults & InvestmentInternational - UKTechnology & InnovationShoppers 0 Saving Bookmark this article Bookmarked
Corporate Finance Bed Bath & Beyond Shutters Remaining Harmon Stores; Media Reports Say Search for a Buyer Stalled Bed Bath & Beyond will reportedly shutter its 50 remaining Harmon stores in addition to 87 Bed Bath & Beyond locations and five buybuy BABY shops. Additionally, efforts to find a buyer ahead of its potential bankruptcy filing have reportedly stalled, people familiar with the matter told Bloomberg News. The store closures are in addition […] Retail TouchPoints January 30, 2023January 30, 2023 < 1 min read Bed Bath & BeyondBrick and MortarBankruptcyOperations & Supply ChainShoppersResults & InvestmentPartnershipsDept. Fresh 0 Saving Bookmark this article Bookmarked
Corporate Finance A fresh new look for relaunched Ayrshire Spar store Spar Hillfoot Road in Ayr celebrated its re-launch on 19 January following an extensive store refit. The Spar Scotland company-owned store has received major investment to bring it in line with CJ Lang’s latest modern Spar store models and their drive to be more energy efficient. The store’s exterior now has a new bright Spar […] Talking Retail January 30, 2023January 30, 2023 < 1 min read Dept. FreshResults & InvestmentSustainability 0 Saving Bookmark this article Bookmarked
Corporate Finance Prof G Markets: Tesla’s Earnings Beat, Chevron’s Share Buybacks, and Elliott’s Salesforce Stake This week on Prof G Markets, Scott reflects on Tesla’s latest earnings, semi-truck deliveries, and price cuts. He then offers his thoughts on the ugly side of share repurchasing programs, and explains why this will be the year of the activist investor. Music: https://www.davidcuttermusic.com / @dcuttermusic Learn more about your ad choices. Visit podcastchoices.com/adchoices The Prof G Show January 30, 2023January 30, 2023 < 1 min read Results & InvestmentPodcastsPricing & Promotions 0 Saving Bookmark this article Bookmarked
Corporate Finance Your Views: Crouch Cushions We took note last week of a Boston Globe story about Addie’s, a new independent pickup-only grocery store that has opened in Norwood, Massachusetts, about 20 miles south of Boston. Addie’s goal is to open 2,000 stores in 10 years, which led me toi comment: I would suggest that McQuade check out a company called […] MorningNewsBeat January 30, 2023January 30, 2023 2 min read ShoppersDept. GroceryStrategyMarketing: Loyalty & SubscriptionTechnology & InnovationResults & InvestmentPredictions and ForecastsDept. PerimeterDept. FreshData & InsightsCOVID19Brick and MortarBOPISBed Bath & BeyondBankruptcy 0 Saving Bookmark this article Bookmarked
Corporate Finance DG, Ibotta to debut rewards program GOODLETTSVILLE, Tenn. — Dollar General is partnering with Ibotta to launch a cash-back rewards program. “We are excited to provide an additional innovative option for our customers to help stretch their budgets,” says Emily Taylor, Dollar General’s executive vice president and chief merchandising officer. “Ibotta’s cash-back rewards program further complements our continuous efforts to provide […] MMR January 30, 2023January 30, 2023 < 1 min read Dollar GeneralConsumersPartnershipsExecutivesResults & InvestmentMerchandisingMarketing: TradeDept. Apparel 0 Saving Bookmark this article Bookmarked
Corporate Finance 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 Finance 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 Finance 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 Finance 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 Finance 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