Corporate Finance Booker retail sales grew by 11% Excluding tobacco, retail sales at wholesaler Booker grew by 11% in the year to 24 February, according to the annual results from parent company Tesco released earlier this week. Retail sales rose to more than £3.2b but tobacco sales dropped by 4.3% to £1.86bn. Overall,… This story continues at Booker retail sales grew by 11% […] Talking Retail April 12, 2024April 12, 2024 < 1 min read TescoResults & InvestmentPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Corporate Finance Levi Strauss & Co. Hires New Chief Commercial Officer to Drive DTC Transformation Levi Strauss & Co. (LS&Co.) has appointed Gianluca Flore as its new EVP and Chief Commercial Officer, effective July 29, 2024. Flore will report directly to President and CEO Michelle Gass and will support all Levi’s commercial operations and global channels, including stores, ecommerce and wholesale. “I am delighted to welcome Gianluca to LS&Co. at […] Retail TouchPoints April 12, 2024April 12, 2024 2 min read Predictions and ForecastsMarketing: Social MediaDept. ApparelBrick and MortarOperations & Supply ChainInternationalExecutivesStore LocationResults & InvestmentMeta (Facebook)Consumers 0 Saving Bookmark this article Bookmarked
Corporate Finance Gen Z Faces Financial Anxiety Despite Strong Job Market Gen Zers are facing financial anxiety despite entering one of the strongest job markets in U.S. history. RetailWire April 12, 2024April 12, 2024 < 1 min read Results & InvestmentConsumers 0 Saving Bookmark this article Bookmarked
Corporate Finance Emotion-Informed GenAI: Making Your Marketing Content More Human Emotions are central to how we engage, communicate with, and react to our world, motivating our behavior and deepening our interactions. Brands that lean into the intricacies of human emotions are proven to generate more sales and loyalty. According to McKinsey, 76 percent of consumers reported that receiving personalized communications was a top factor in […] TotalRetail April 12, 2024April 12, 2024 3 min read Technology & InnovationAIConsumersHoliday & EventsPredictions and ForecastsMarketing: Direct & PersonalizationConsultingGoogleData & InsightsMarketing: Loyalty & SubscriptionResults & InvestmentMarketing: TradeMarketing: Social MediaDept. FreshMarketing: BrandESG and CSRChatGPTDept. PerimeterStrategy 0 Saving Bookmark this article Bookmarked
Corporate Finance Jim Cramer takes Costco’s big dividend increase as a sign the stock could go higher The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET. CNBC April 11, 2024April 11, 2024 < 1 min read Results & InvestmentCostco 0 Saving Bookmark this article Bookmarked
Corporate Finance Scope Zero Releases Case Study Highlighting Success of Carbon Savings Account® Pilot with New York Life SAN FRANCISCO, CA — Scope Zero, a financial and environmental wellness platform, today announced that it has released its first case study highlighting the successful 2023 pilot of its Carbon Savings Account® (CSA) with New York Life, the largest mutual life insurance company in the United States. The Carbon Savings Account® (CSA) is an employee […] Bigtechnology April 11, 2024April 11, 2024 2 min read SustainabilityAssociatesESG and CSRHealth & WellnessResults & InvestmentDept. FuelExecutivesPartnershipsPredictions and ForecastsPricing & PromotionsTechnology & InnovationMarketing: TradeVendors 0 Saving Bookmark this article Bookmarked
Corporate Finance AI Still Needs Human Insight to Shape the Retail Experience In 2024, the most forward-thinking and innovative retail organizations will recognize that it’s a must to blend intelligent human insight and artificial intelligence (AI). It will become clear that unless an organization can find a way to unify the two across virtually every aspect of their business, it will suffer the consequences across both the […] TotalRetail April 11, 2024April 11, 2024 2 min read AITechnology & InnovationCustomer ExperienceVendorsShoppersMarketing: VoiceResults & InvestmentPredictions and ForecastsOmnichannelAmazonChatGPTQ CommerceExecutivesGoogleOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Corporate Finance Modern Financing Strategies For Retail Businesses Fluctuations in the market, rising competition, and rapid changes in technology all contribute to a tumultuous landscape for retail businesses. In such a volatile environment, having a robust financing strategy is crucial for the growth and sustainability of your business. This blog post unveils modern financing strategies tailored for retail enterprises to not only endure […] Retail Minded April 11, 2024April 11, 2024 3 min read Results & InvestmentStrategyOperations & Supply ChainMarketing: In StorePredictions and ForecastsSustainabilityTechnology & InnovationCompetitionPop UpsUnileverStore LocationPricing & Promotions 0 Saving Bookmark this article Bookmarked
Corporate Finance Coach Sues Gap for Selling T-Shirts With the Word ‘COACH’ Luxury retailer Coach and its parent company are suing Gap Inc., alleging its Old Navy brand sold T-shirts with the word “COACH” printed on them in capital letters. In a lawsuit filed April 3 in the United States District Court for the Central District of California, lawyers for Tapestry, Inc., which includes brands Coach, Kate […] TotalRetail April 10, 2024April 12, 2024 < 1 min read Dept. ApparelConsumersLegal & CriminalResults & InvestmentOperations & Supply ChainMarketing: Brand 0 Saving Bookmark this article Bookmarked
Corporate Finance Macy’s Adds 2 Arkhouse Directors to Board in Deal to End Proxy Fight As part of an agreement with activist investor Arkhouse Management, Macy’s Inc. has named Arkhouse candidates, Richard (Ric) Clark and Richard (Rick) L. Markee, as independent members of its board of directors. Arkhouse has withdrawn its other director nominations as part of the deal, and Clark and Markee will join the board’s finance committee, which […] Retail TouchPoints April 10, 2024April 10, 2024 2 min read AcquisitionPredictions and ForecastsResults & InvestmentExecutivesMarketing: Social MediaBrick and MortarMergersPartnerships 0 Saving Bookmark this article Bookmarked
Corporate Finance Media & Merchandising Integration with Roundel’s Matt Drzewicki In this episode, the CPG Guys speak with Matt Drzewicki, Vice President of Partner Solutions at Roundel, the retail media arm of Target Corporation. Follow Matt Drzewicki on LinkedIn at: https://www.linkedin.com/in/matt-drzewicki-aa8712/Follow Roundel on LinkedIn at: https://www.linkedin.com/company/roundel/Follow Roundel online at: https://roundel.com/ This episode is sponsored by the Cornell Omnichannel Leadership Program: https://ecornell.cornell.edu/certificates/financial-management/omnichannel-leadership-program/ Matt answered these questions: […] The CPG Guys April 10, 2024April 10, 2024 2 min read Marketing: Retail MediaRoundelPodcastsMarketing: Social MediaOmnichannelTechnology & InnovationMerchandisingData & InsightsPredictions and ForecastsPartnershipsStreamingTargetResults & InvestmentMarketing: BroadcastConsumersMarketing: In StoreDept. NonfoodTrends: RetailSponsored 0 Saving Bookmark this article Bookmarked
Corporate Finance Puma rallies around sport performance for largest marketing investment yet Launching ahead of the Olympics, the global campaign also marks the first time the sportswear brand has run a unified message across its portfolio. RetailDive April 10, 2024April 10, 2024 < 1 min read Results & InvestmentHoliday & Events 0 Saving Bookmark this article Bookmarked
Corporate Finance Rethinking Employee Benefits: Flexible Pay and Schedules The volatile economy has generated a lot of uncertainty over the past year, causing employees to want stability and, therefore, stay at their current jobs. The 2.1 percent quit rate in January was the lowest level since August 2020 — despite multiple companies offering higher wages. To attract and retain the best employees, retailers need […] TotalRetail April 10, 2024April 12, 2024 2 min read AssociatesResults & InvestmentEconomyShoppersTechnology & InnovationAIExecutivesMarketing: Loyalty & SubscriptionMarketing: Social MediaOperations & Supply ChainPredictions and ForecastsPricing & PromotionsStrategy 0 Saving Bookmark this article Bookmarked
Corporate Finance How Do Democrats and Republicans Feel About Certain U.S. Industries? See this visualization first on the Voronoi app. Industry Favorability, by Political Party This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. Much and more has been written, in the last decade particularly, about the U.S. […] Visual Capitalist April 10, 2024April 10, 2024 3 min read GovernmentEconomyDept. FuelSustainabilityTechnology & InnovationESG and CSROperations & Supply ChainData VisualizationDept. FreshPhilanthropyPredictions and ForecastsResults & InvestmentInternational - North AmericaRestaurantsExecutivesData & InsightsHealth & WellnessStrategyDept. GroceryGoogleDept. Natural / OrganicDept. DairyDept. HBCDept. ApparelDept. NonfoodDept. PerimeterDept. RefrigeratedDept. Adult BevDeliveryConsumers 0 Saving Bookmark this article Bookmarked
Corporate Finance Retails Newfound Sense of Optimism New technologies such as AI are providing a newfound sense of optimism for the industry as a whole. Despite the fact that generative AI has only been universally available since November 2022, a recent survey on retail leaders found that 81% of respondents already have a dedicated AI budget, with an average of 50% assigned […] Trakwell.ai (formerly Doorcounts) April 10, 2024April 10, 2024 2 min read Data & InsightsAITechnology & InnovationPredictions and ForecastsTrends: RetailThick DataShoppersOperations & Supply ChainExecutivesMars Inc.Marketing: Direct & PersonalizationInternational - UKResults & InvestmentConsultingAssociatesSustainability 0 Saving Bookmark this article Bookmarked
Corporate Finance Rubicon launches £4m summer campaign Rubicon has announced a major new campaign with the aim of reinforcing its position as ‘the brand of summer’ and designed to drive shoppers to soft drinks’ chillers and fixtures. As part of Rubicon’s annual £4m investment, the Release the Sunshine campaign includes a brand-new… This story continues at Rubicon launches £4m summer campaign Or […] Talking Retail April 9, 2024April 9, 2024 < 1 min read ShoppersResults & InvestmentPredictions and ForecastsDept. Beverage 0 Saving Bookmark this article Bookmarked
Corporate Finance L.O.L. Surprise! Parent Company Goes DTC, Debuts Loyalty Program MGA Entertainment, the company behind L.O.L. Surprise!, Little Tikes, MGA’s Miniverse and other beloved toy brands, has launched its own direct-to-consumer (DTC) site and rewards program to get closer to its customers. Although MGA products will still be available through major retailers, the new shopping destination, aptly named The MGA Shop, is designed to provide […] Retail TouchPoints April 9, 2024April 9, 2024 < 1 min read Marketing: Loyalty & SubscriptionConsumersOmnichannelMarketing: Social MediaDept. NonfoodDept. Toys & GamesExecutivesDeliveryShoppersOwned Brands (Private Label)PartnershipsPredictions and ForecastsResults & InvestmentOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Corporate Finance Rising Above: Overcoming Retail Challenges with Creativity Throughout the years, the retail industry has faced numerous threats, ranging from IoT bot attacks to incidents of shoplifting and even promotional strategies that deter customers. To overcome these complex challenges, retailers need to stay alert, flexible, and use creative approaches to manage risks and maintain success in a competitive market. This week we dive […] Trakwell.ai (formerly Doorcounts) April 9, 2024April 9, 2024 2 min read Technology & InnovationAIData & InsightsSustainabilityConsumersGovernmentShoppersDept. ApparelPredictions and ForecastsTech: IoTESG and CSRStore LocationThick DataMars Inc.RecommerceBrick and MortarTrends: FinanceDeliveryDept. NonfoodResults & InvestmentEconomyGoogleLegal & CriminalMarketing: TradePepsiCoBNPLTrends: Retail 0 Saving Bookmark this article Bookmarked
Corporate Finance Dave & Buster’s remodeled Friendswood store format outperforming Track Indoor Entertainment spending for free Access chart in Dash. Spending at Dave and Busters in Friendswood, TX—the first location of their remodeling campaign—is up close to 20% YoY in the 13 weeks ending March 2nd, 2024, according to Earnest credit card data. This growth also materially outperformed the rest of the system. Spending at […] Earnest Research April 9, 2024April 9, 2024 < 1 min read Data & InsightsStore FormatStore LocationPredictions and ForecastsData VisualizationResults & InvestmentRestaurantsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Corporate Finance 3G Capital quietly exited its Kraft Heinz investment last year 3G Capital, which helped to engineer the Kraft Heinz merger, had seen its influence at the company wane. CNBC April 9, 2024April 9, 2024 < 1 min read KraftHeinzResults & InvestmentMergers 0 Saving Bookmark this article Bookmarked
Corporate Finance 6 Post-Purchase Pain Points & Solutions for E-commerce Customers If you’re an e-commerce merchant who wants their business to become successful, you need to become the customers’ favorite (offer them a great experience, stay ahead of the competition, improve profit margins, and whatnot). However, a customer’s journey with your e-commerce business is filled with multiple issues regarding the website, payment, checkout, and much more… […] Latest Shipment April 9, 2024April 9, 2024 5 min read Data & InsightsDeliveryShoppersReturnsOperations & Supply ChainPackagingMarketing: Loyalty & SubscriptionMarketing: Direct & PersonalizationAcquisitionCompetitionResults & InvestmentMarketing: UGCTechnology & InnovationMarketing: TradeMarketing: Social MediaESG and CSRTarget 0 Saving Bookmark this article Bookmarked
Corporate Finance CVS Health Identifies Closed-Loop Feedback as its Customer-Centricity Unlock Today’s consumers are asked to rate their experiences multiple times per day. You can hit a smiley face if the airport bathroom is clean and, if not, a frowny face. You’re encouraged to rate the service you received after ordering a product online, getting your car repaired or having your hair styled. At my local […] Retail TouchPoints April 9, 2024April 9, 2024 6 min read ConsumersCVSCustomer ExperienceShoppersAssociatesHealth & WellnessThick DataDept. HBCExecutivesData & InsightsPartnershipsPredictions and ForecastsMarketing: Social MediaMarketing: Direct & PersonalizationMarketing: Loyalty & SubscriptionResults & InvestmentSustainabilityTech: Cashierless 0 Saving Bookmark this article Bookmarked
Corporate Finance Non-Alcoholic Brand Boisson Files for Bankruptcy Protection, Closes all Stores Boisson has filed for Chapter 11 bankruptcy protection and shuttered its eight brick-and-mortar stores, according to multiple media reports and a LinkedIn blog post by Boisson founder Nicholas Bodkins. The non-alcoholic (NA) beverage brand plans to continue operating as a wholesaler and a DTC ecommerce retailer. Boisson had taken a “neighborhood stores” approach to brick-and-mortar […] Retail TouchPoints April 9, 2024April 9, 2024 2 min read Brick and MortarBankruptcyDept. BeverageMarketing: Social MediaPartnershipsPredictions and ForecastsOperations & Supply ChainConsumersOmnichannelDept. Adult BevInternationalExecutivesResults & Investment 0 Saving Bookmark this article Bookmarked
Corporate Finance 99 Cents Only files for Chapter 11 The bankruptcy filing comes just days after the discount retailer announced plans to liquidate and close all stores. RetailDive April 9, 2024April 9, 2024 < 1 min read BankruptcyBrick and Mortar 0 Saving Bookmark this article Bookmarked
Corporate Finance 2024 Retail Technology Report: We Need Your Insights Total Retail values your insights as a retail executive. As such, we request your participation in a brief survey (less than 10 minutes to complete) about your organization’s technology usage and needs, both current and future. All survey data will be reported on anonymously. The survey data collected will serve as the foundation for the […] 0 Author Missing April 8, 2024April 8, 2024 < 1 min read Technology & InnovationThick DataData & InsightsPredictions and ForecastsResults & InvestmentExecutives 0 Saving Bookmark this article Bookmarked
Corporate Finance 99 Cents Only Stores Files for Bankruptcy Protection 99 Cents Only Stores announced last week that it had filed for bankruptcy protection in the United States Bankruptcy Court for the District of Delaware, days after it said it was closing all of its 371 locations. Founded in 1982, 99 Cents Only Stores currently operates stores in California, Texas, Arizona and Nevada. Number Holdings, Inc., the parent company […] 0 Author Missing April 8, 2024April 8, 2024 2 min read Brick and MortarConsumersBankruptcyOperations & Supply ChainCOVID19TargetOwned Brands (Private Label)CompetitionDept. NonfoodEconomyDollar TreeExecutivesHoliday & EventsPredictions and ForecastsSustainabilityWalmart 0 Saving Bookmark this article Bookmarked
Corporate Finance NRF unveils 2024 Top 50 Global Retailers WASHINGTON – The National Retail Federation today announced the 2024 Top 50 Global Retailers. Conducted by Kantar, the 2024 list ranks international retailers, based on their operational performance as of the beginning of 2023. “In our increasingly interconnected global economy, retailers are continually expanding their international customer base,” NRF Executive Director of Research Mark Mathews said. […] MMR April 8, 2024April 8, 2024 < 1 min read Predictions and ForecastsInternationalData & InsightsShoppersInsight ProvidersResults & InvestmentWalmartAhold DelhaizeExecutivesTechnology & InnovationEconomyInclusivityAmazonCostcoAldiRegional GroceryMarketing: Loyalty & Subscription 0 Saving Bookmark this article Bookmarked
Corporate Finance Sephora, Dove top CPG 2024’s Most Innovative Brands List NEW YORK – CPG brands outpaced technology nearly 2:1 in the 2024 Most Innovative Brands survey conducted by Brand Keys Inc. (www.brandkeys.com), the New York-based brand loyalty and engagement research firm. “For the first time consumers acknowledged more CPG than Tech brands,” noted Robert Passikoff, brand keys founder and president. “And, for the first time, […] MMR April 8, 2024April 8, 2024 3 min read ConsumersTechnology & InnovationPredictions and ForecastsUnileverRestaurantsMarketing: Social MediaPepsiCoProcter & GambleHealth & WellnessESG and CSRMondelezEconomyDept. Toys & GamesDept. PetKraftHeinzMeta (Facebook)Dept. ApparelThick DataCompetitionTrader JoesAmazonResults & InvestmentStreamingTikTokMarketing: In StoreWalmartMarketing: Loyalty & SubscriptionDept. FreshChatGPTCVSData & InsightsWarby ParkerGoogleAI 0 Saving Bookmark this article Bookmarked
Corporate Finance Ahold Delhaize and 4 other grocers establish venture capital fund W23 Global will invest $125 million over five years in small businesses that support in-store and online shopping experiences as well as sustainability initiatives. Grocery Dive April 8, 2024April 8, 2024 < 1 min read Ahold DelhaizeResults & InvestmentSustainabilityMarketing: In Store 0 Saving Bookmark this article Bookmarked
Corporate Finance The Future of Loyalty Programs: Community, Crowdsourcing and Beyond Brands and retailers that specialize in formal events and big “life moments” (think weddings, proms and the like) need to think about customer loyalty — how to win it and how to keep it — in a completely different way. For example, David’s Bridal has leaned into community and crowdsourcing to create programs that allow […] Retail Remix Podcast April 8, 2024April 8, 2024 < 1 min read Marketing: Loyalty & SubscriptionMarketing: Social MediaConsumersPodcastsTechnology & InnovationPredictions and ForecastsTikTokData & InsightsAcquisitionShoppersCustomer ExperienceTrends: FinanceThick DataResults & InvestmentEconomyPartnershipsTrends: RetailIndustry Conferences and EventsBNPLMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Corporate Finance Walmart’s new combo will aid suppliers Walmart Luminate and Walmart Connect to become Walmart Luminate Insights Activation Written by Supermarket News April 18, 2024April 18, 2024 Saving Bookmark this article Bookmarked
Corporate Finance Amazon introduces shoppable, ad-supported channel to Prime Video, Freevee The channel leverages Amazon’s “shop the show” technology to enable viewers to easily purchase content seen on their TV screen via a mobile device. Written by MarketingDive April 18, 2024April 18, 2024 Saving Bookmark this article Bookmarked
Corporate Finance Asics creates a circular shoe, returns program The sporting goods company designed a shoe ready to undergo recycling at the end of its use. Written by RetailDive April 18, 2024April 18, 2024 Saving Bookmark this article Bookmarked
Corporate Finance Retailers Gain Control of Their Sustainability Goals as the ESG Storm Clouds Start to Gather Over Operations Using event-driven architecture (EDA), retailers must link essential data at speed and scale throughout their ecosystems near and far to come to grips with now essential environmental, social and governance (ESG) reporting in three key areas. 1. Dead Heading — Optimizing Transportation/Emissions on Every Journey When it comes to transportation within the retail sector, any […] Written by TotalRetail April 18, 2024April 18, 2024 Saving Bookmark this article Bookmarked
Corporate Finance Why Amazon’s Just Walk Out initiative failed – and why it’s not the end of checkout free technology It recently emerged that Amazon’s Just Walk Out offering is being dropped from Amazon Fresh stores. However, it’s not checkout-free tech that’s failing, it’s the fact that Amazon’s checkout free solution doesn’t work, especially in grocery retailers, argues Will Glaser, Founder and CEO at Grabango. In the dynamic grocery retail landscape, a transformative wave is […] Written by Retail Technology Innovation Hub April 18, 2024April 18, 2024 Saving Bookmark this article Bookmarked