Retail Corporate 2024 Annual Marketing Report 2024 Annual Marketing Report Maximizing ROI in a fragmented world Discover how global marketers are allocating budgets, measuring success and what these trends mean for your own impact planning. Download the report 2024 Annual Marketing Report Maximizing ROI in a fragmented world Discover how global marketers are allocating budgets, measuring success and what these trends […] Nielsen April 25, 2024April 25, 2024 2 min read Marketing: Social MediaPredictions and ForecastsInsight ProvidersBig DataDanoneData & InsightsMarketing: Retail MediaReturnsTechnology & InnovationStrategyThick DataDept. NonfoodStreamingOperations & Supply ChainTargetESG and CSREconomyConsumers 0 Saving Bookmark this article Bookmarked
Retail Corporate Video Forum: Kevin Host, Walmart Kevin Host, senior vice president of pharmacy at Walmart and incoming NACDS chairman, talks about the state of the association and the industry it represents. Host discusses his priorities at NACDS, including DIR reform and expanded scope of practice for pharmacists, as well as efforts to foster innovation and build synergies between pharmacy and the […] MMR April 25, 2024April 25, 2024 < 1 min read WalmartDept. PharmacyExecutivesTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Retail Corporate Swipe fee costs average household more than $1,100 WASHINGTON – Soaring credit and debit card swipe fees cost the average U.S. household more than $1,100 last year, the Merchants Payments Coalition said. “American families should not get bilked for more than $1,100 each year on swipe fees,” MPC Executive Committee member and National Retail Federation Senior Director of Government Relations Dylan Jeon said. […] MMR April 25, 2024April 25, 2024 2 min read Dept. NonfoodGovernmentResults & InvestmentConsumersCompetitionLegal & CriminalExecutivesCOVID19Associates 0 Saving Bookmark this article Bookmarked
Retail Corporate Mother’s Day spending expected to hit $33.5 billion WASHINGTON – Mother’s Day spending is expected to reach $33.5 billion this year, according to the annual consumer survey by the National Retail Federation and Prosper Insights & Analytics. The figure is the second highest in the history of the survey, following last year’s record $35.7 billion. “Mother’s Day is a time to celebrate the […] MMR April 25, 2024April 25, 2024 2 min read ConsumersDept. NonfoodHoliday & EventsThick DataExecutivesData & InsightsBrick and MortarShoppersStrategy 0 Saving Bookmark this article Bookmarked
Retail Corporate FMI taps Julie Savoie to lead workforce initiatives ARLINGTON, VA – FMI – The Food Industry Association, has tapped Julie Savoie to lead the association’s strategic direction for, and implementation of, member workplace and workforce initiatives. She will also help oversee the FMI sustainability agenda. Julie Savoie “Workforce capabilities are one of FMI’s Imperative Issues and have become particularly urgent in recent years,” […] MMR April 25, 2024April 25, 2024 2 min read SustainabilityAssociatesPredictions and ForecastsUnileverMarketing: Social MediaExecutivesDept. NonfoodDept. GroceryData & InsightsConsumers 0 Saving Bookmark this article Bookmarked
Retail Corporate Albertsons accepting supplemental health benefits with new partnership NationsBenefits members can now buy approved healthy groceries at the supermarket operator’s banners. Grocery Dive April 25, 2024April 25, 2024 < 1 min read Health & WellnessRegional GroceryPartnershipsAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Retail Corporate Simon Adds VIP Suite to Kick Off Woodbury Common Expansion Mall operator Simon revealed big plans to expand its Woodbury Common Premium Outlet center in Fall 2023, including the addition of 155,000 square feet of retail stores and restaurants, a 200-key luxury hotel, a second parking facility and upgraded amenities. To cement the center’s image as a luxury destination, the first enhancement will be a […] Retail TouchPoints April 25, 2024April 25, 2024 2 min read Technology & InnovationAIBrick and MortarShoppersPredictions and ForecastsCustomer ExperienceMarketing: Social MediaMarketing: Retail MediaOmnichannelChatGPTHoliday & EventsMarketing: Direct & PersonalizationOperations & Supply ChainPartnershipsRestaurants 0 Saving Bookmark this article Bookmarked
Retail Corporate The Backroom: With more closures ahead, what’s next for Macy’s? Under a new CEO, the iconic department store is fielding a $6.6 billion takeover offer, shuttering another 150 stores and fighting to stay relevant. RetailDive April 25, 2024April 25, 2024 < 1 min read ExecutivesBrick and Mortar 0 Saving Bookmark this article Bookmarked
Retail Corporate Lovesac pares back inventory costs as it simplifies operations Costs associated with inbound freight and warehousing costs dropped as the furniture company rolled out planning capabilities and simplified operations. RetailDive April 25, 2024April 25, 2024 < 1 min read Operations & Supply ChainStrategy 0 Saving Bookmark this article Bookmarked
Retail Corporate TikTok debuts pre-owned luxury category in UK Facing a possible ban in the U.S., the social media platform is expanding its focus on secondhand luxury in other markets. RetailDive April 25, 2024April 25, 2024 < 1 min read Marketing: Social MediaTikTokInternational - UKRecommerceESG and CSR 0 Saving Bookmark this article Bookmarked
Retail Corporate What’s Behind the Growth of the Cleanroom Market? What is a cleanroom? A cleanroom is a room or area which has a controlled environment that prevents contamination from pollutants like dust, microbes, aerosol particles, chemical vapor, and water vapor. Such rooms use technology that regulate environmental parameters such as temperature, pressure and humidity to ensure high quality production. This is why cleanrooms are […] BCC Research April 25, 2024April 25, 2024 < 1 min read SustainabilityPackagingTechnology & InnovationPredictions and ForecastsMarketing: Social MediaESG and CSRDept. Grocery 0 Saving Bookmark this article Bookmarked
Retail Corporate Making AI Really Work for Retail Like every industry, retail is experiencing an artificial intelligence boom — and like other industries that operate with such small profit margins, any competitive edge is not only welcome but necessary to survive. AI offers benefits in five key areas for retailers: personalization, visual search, virtual reality (VR) and augmented reality (AR), predictive analytics, and […] TotalRetail April 25, 2024April 25, 2024 4 min read Technology & InnovationAIShoppersCustomer ExperienceData & InsightsTech: AR and VRWalmartMarketing: VoiceMarketing: Direct & PersonalizationPartnershipsPredictions and ForecastsTargetCOVID19ConsumersBrick and MortarOperations & Supply ChainInternational - North AmericaMetaversePackagingDept. ApparelPricing & PromotionsMarketing: In Store 0 Saving Bookmark this article Bookmarked
Retail Corporate Nisa retailers celebrate Stop Food Waste Day with Too Good To Go milestone Nisa’s independent retailers are marking Stop Food Waste Day by celebrating a Surprise Bag milestone with 175,000 meals now saved since the relationship with the world’s largest surplus food app, Too Good To Go began in 2019. With over 300 stores signed up to the… This story continues at Nisa retailers celebrate Stop Food Waste […] Talking Retail April 25, 2024April 25, 2024 < 1 min read SustainabilityDept. GroceryPredictions and ForecastsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Retail Corporate FSB calls on Ofgem to take action on standing charges paid by small firms The Federation of Small Businesses (FSB) has called for the energy regulator Ofgem to take action on the standing charges paid by small businesses, many of whom have seen the daily fixed price they pay, regardless of usage levels, soar over recent months. FSB has… This story continues at FSB calls on Ofgem to take […] Talking Retail April 25, 2024April 25, 2024 < 1 min read SustainabilityPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Retail Corporate Technical glitch disrupts Sainsbury’s morning deliveries Sainsbury’s faced a delivery setback this morning, as a technical glitch cancelled several customer deliveries. The supermarket giant confirmed via a post on X (formerly Twitter) that technical difficulties caused the disruptions. @sainsburys I’m assuming my order is cancelled too? No email, no text and finding information out on here, nothing official – not ideal! […] Retail Technology Innovation Hub April 25, 2024April 25, 2024 2 min read Marketing: Social MediaTwitterTechnology & InnovationShoppersPredictions and ForecastsTescoESG and CSRDept. GroceryDelivery 0 Saving Bookmark this article Bookmarked
Retail Corporate GM Reports Surge in Profit on Gas Car Sales Although General Motors has had trouble selling its electric cars, a recent report indicates that the increase in sales of gas-powered vehicles helped the company generate a profit. RetailWire April 25, 2024April 25, 2024 < 1 min read Dept. FuelSustainability 0 Saving Bookmark this article Bookmarked
Retail Corporate PepsiCo: Popping Performance and Refreshing Returns PepsiCo (NASDAQ: PEP) is a global powerhouse in the food and beverage industry, a part of the consumer staples sector. PepsiCo’s earnings report for the first quarter of 2024 (Q1FY2024) offered valuable insights into the company’s current performance and future trajectory. Pepsi NASDAQ - Earnings April 25, 2024April 25, 2024 < 1 min read PepsiCoAgenciesReturnsPredictions and ForecastsDept. BeverageResults & InvestmentDept. GroceryData & InsightsConsumers 0 Saving Bookmark this article Bookmarked
Retail Corporate Chipotle posts big earnings beat as diners shake off higher prices The burrito chain said traffic increased 5.4% in its first quarter. CNBC April 25, 2024April 25, 2024 < 1 min read Results & InvestmentRestaurantsStore Location 0 Saving Bookmark this article Bookmarked
Retail Corporate Retailer’s Holiday Strategy: Leveraging Christmas Saving Clubs Retailers are increasingly recognising the importance of strategic planning for holiday shopping, with Christmas saving clubs being a notable element of this approach. These clubs, which have been a fixture for generations, allow consumers to set aside funds throughout the year specifically for their festive expenditures. By incorporating the mechanism of Park Christmas Savings, retailers […] Modern Retail April 25, 2024April 25, 2024 < 1 min read Holiday & EventsStrategyInternational - UKConsumers 0 Saving Bookmark this article Bookmarked
Retail Corporate Jason Wu Beauty lands in over 3,000 CVS stores The partnership adds to the beauty brand’s distribution channels, which also include Target and J.C. Penney. RetailDive April 24, 2024April 24, 2024 < 1 min read Dept. HBCCVSBrick and MortarTargetPartnershipsOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Retail Corporate Hasbro focuses on ‘high-profit partnerships’ to drive recovery as sales fall 24% Excluding the sale of its eOne division, revenue was still down 9% in Q1, but the toy manufacturer swung to a profit. RetailDive April 24, 2024April 24, 2024 < 1 min read PartnershipsDept. Toys & Games 0 Saving Bookmark this article Bookmarked
Retail Corporate Select & Save announces ‘strategic changes’ Independent convenience symbol group Select & Save is investing in a rebrand and its own label offering. In a LinkedIn post, managing director Kam Sanghera revealed some “exciting upcoming strategic changes to the business.” “Firstly, we’re investment in our new visual identity and that will… This story continues at Select & Save announces ‘strategic changes’ […] Talking Retail April 24, 2024April 24, 2024 < 1 min read Results & InvestmentPredictions and ForecastsOwned Brands (Private Label)Marketing: Social Media 0 Saving Bookmark this article Bookmarked
Retail Corporate Retail Technology Show 2024: artificial intelligence impacting retail and society says Google executive “Technology is at the heart of societal and business transformation,” said Dex Hunter-Torricke, Head of Global Comms and Marketing at Google’s DeepMind specialist AI unit, as he shared some use cases with the conference audience at Retail Technology Show (RTS) 2024 today. The former Facebook and SpaceX executive is a vastly experienced specialist who shared […] Retail Technology Innovation Hub April 24, 2024April 24, 2024 2 min read Technology & InnovationAIPredictions and ForecastsData & InsightsGoogleExecutivesShoppersMeta (Facebook)Marketing: Social MediaHome DepotBest BuyOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Retail Corporate Cantaloupe report: cashless, touchless payments surging MALVERN, Pa. – Cantaloupe Inc., a leading provider of end-to-end technology solutions for self-service commerce, has released its highly anticipated Cantaloupe 2024 Micropayment Trends Report. The report analyzes payment transaction data from a sample of more than 600,000 (out of 1.2 million) Cantaloupe card readers on food & beverage vending and amusement/gaming machines, as well as […] MMR April 24, 2024April 24, 2024 3 min read Dept. FreshData & InsightsTechnology & InnovationConsumersDept. BeverageAIPredictions and ForecastsGamingDept. GroceryExecutivesCOVID19Trends: Consumer 0 Saving Bookmark this article Bookmarked
Retail Corporate DoorDash and Walgreens to empower SNAP recipients SAN FRANCISCO — DoorDash is collaborating with Walgreens to offer SNAP/EBT payment at nearly 7,800 Walgreens stores across the country. DoorDash says it is the first platform to enables SNAP customers to make purchases directly from Walgreens using their SNAP/EBT cards, and is also the first third-party delivery service provider to offer SNAP/EBT as a […] MMR April 24, 2024April 24, 2024 2 min read WalgreensFood DeliveryDoorDashDeliveryDept. GroceryBrick and MortarConsumersShoppersPredictions and ForecastsRestaurantsPricing & PromotionsPartnershipsExecutivesMarketing: Social Media 0 Saving Bookmark this article Bookmarked
Retail Corporate Acosta: Grocery channel can grow with HBC/GM JACKSONVILLE, Fla. — The opportunities for grocery retailers to grow their health and beauty care and general merchandise sales are exponential, according to a new study by Acosta Group. In advance of this week’s 2024 National Association of Chain Drug Stores (NACDS) Annual Meeting, Acosta Group has shared the results of its recent proprietary Shopper […] MMR April 24, 2024April 24, 2024 3 min read Dept. HBCShoppersVendorsMarketing: In StoreConsumersDept. BeverageDept. GroceryDept. NonfoodBrick and MortarMarketing: TradeHealth & WellnessExecutivesStrategyPricing & PromotionsData & InsightsOmnichannelBig DataPredictions and ForecastsOwned Brands (Private Label)Dept. OTCMarketing: Loyalty & Subscription 0 Saving Bookmark this article Bookmarked
Retail Corporate Independents Outshine PBMs in Manufacturers’ Exclusive Specialty Pharmacy Networks Last week, we documented the substantial concentration of dispensing revenues for specialty drugs. See The Top 15 Specialty Pharmacies of 2023: Market Shares and Revenues at the Biggest PBMs, Health Plans, and Independents. Today, we examine how manufacturers’ specialty networks contribute to this concentration. In DCI’s exclusive analysis below, we show that specialty pharmacies affiliated […] Drug Channels April 24, 2024April 24, 2024 2 min read Dept. PharmacyPredictions and ForecastsData & InsightsMarketing: Social MediaStrategyMeta (Facebook)Health & Wellness 0 Saving Bookmark this article Bookmarked
Retail Corporate Reiser’s Pieces: Rebalancing Brand vs. Performance Marketing to Accelerate Growth Funny how quickly things change. Remember when a prominent speaker at Cannes this past June declared, “The era of the brand is over!” and escalated the debate about how to invest marketing dollars? Flash-forward to December, though, and over a third of marketers told WARC they planned to significantly increase their brand marketing while lowering […] Market Performance Group April 24, 2024April 25, 2024 6 min read ConsumersTechnology & InnovationAIMarketing: Retail MediaResults & InvestmentMarketing: BrandShoppersStreamingOmnichannelMarketing: BroadcastPackagingData & InsightsTargetCOVID19Marketing: ShopperMerchandisingMarketing: Loyalty & SubscriptionStrategyMarketing: Digital MediaHealth & WellnessDept. GroceryESG and CSRGoogleMarketing: Direct & PersonalizationMarketing: In StoreSustainabilityOwned Brands (Private Label)PartnershipsPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Retail Corporate Foot Locker debuts ‘store of the future’ as it looks to win back Wall Street’s confidence Foot Locker unveiled its “store of the future” concept that will inspire the revamping of 900 stores the sneaker retailer is planning over the next two years. CNBC April 24, 2024April 24, 2024 < 1 min read Predictions and ForecastsEconomyStrategyBrick and Mortar 0 Saving Bookmark this article Bookmarked
Retail Corporate Saks seeks to carve out luxury niche in retail media with network launch Saks Media Network debuts on the tails of the company receiving an infusion of capital to help it weather the current luxury downturn. MarketingDive April 24, 2024April 24, 2024 < 1 min read Marketing: Retail MediaWeatherResults & Investment 0 Saving Bookmark this article Bookmarked
Retail Corporate Target’s April 2024 Circle Sale was its largest by sales lift Track General Merchandise spending free Access chart in Dash. Target’s April Circle Sale generated 7% more sales than the weekly average in the previous 4 weeks according to Earnest credit card data. This represents a 2 point acceleration in the Circle Sale’s contribution to Target’s topline compared to Target’s October sale. Target Circle is a […] Written by Earnest Research April 25, 2024April 25, 2024 Saving Bookmark this article Bookmarked
Retail Corporate TikTok Shop customers spend more at lower ticket apparel retailers Download full TikTok Shop report Access TikTok and Panel data in Dash. TikTok Shop customers spent 26% of their apparel wallet on Off-Price Department Stores and 11% on Fast Fashion in the 12-months ended February 2024, compared to 24% and 7% for the average shopper. Conversely, TikTok Shop users spent less than their peers at […] Written by Earnest Research April 24, 2024April 24, 2024 Saving Bookmark this article Bookmarked
Retail Corporate Where Does One U.S. Tax Dollar Go? See this visualization first on the Voronoi app. Where Does One U.S. Tax Dollar Go? This was originally posted on our Voronoi app. Download the app for free on Apple or Android and discover incredible data-driven charts from a variety of trusted sources. Come tax season, a common refrain is: “what do my taxes even […] Written by Visual Capitalist April 24, 2024April 24, 2024 Saving Bookmark this article Bookmarked
Retail Corporate AI boosts innovation in ingredient selection, formulation AI could minimize the traditional trial-and-error approach in product development. Written by Supermarket Perimeter April 24, 2024April 24, 2024 Saving Bookmark this article Bookmarked
Retail Corporate Google Won’t Pull Cookies In 2024 Google announces it’s delaying its self-imposed deadline to deprecate third-party cookies on Chrome for the third time. The post Google Won’t Pull Cookies In 2024 appeared first on AdExchanger. Written by AdExchanger April 23, 2024April 24, 2024 Saving Bookmark this article Bookmarked