Corporate Purpose 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 Purpose 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 Purpose 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 Purpose Influencer Marketing helps brands break through the clutter Influencer marketing is a form of marketing that leverages the influence of individuals with a large following on social media or direct access to influence a consumer. While most think of influencers as celebrities named Kardashian, Beyonce, or Lebron, open your minds to finding ways to reach those consumers who love your brand, and can […] Beloved Brands February 1, 2023February 1, 2023 < 1 min read Marketing: SocialConsumersESG and CSR 0 Saving Bookmark this article Bookmarked
Corporate Purpose 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 Purpose Black-owned businesses upbeat despite funding challenges Forty-four percent of Black-owned businesses struggle to find funding and 78 percent say it is difficult to find customers who are not Black, according to a new study by Shopify. On a positive note, 68 percent of Black-owned businesses are optimistic about their growth prospects. RetailWire February 1, 2023February 1, 2023 < 1 min read InclusivityShopify 0 Saving Bookmark this article Bookmarked
Corporate Purpose 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 Purpose 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 Purpose 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 Purpose 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 Purpose 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 Purpose 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 […] Talking Retail February 1, 2023February 1, 2023 2 min read AldiPartnershipsDept. GrocerySustainabilityInternational - UKBrick and Mortar 0 Saving Bookmark this article Bookmarked 4
Corporate Purpose 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 Purpose 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 Purpose 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 Purpose Tips for Improving the Effectiveness of Loyalty Programs Customer loyalty is increasingly sought by retailers and brands in today’s challenged and hypercompetitive consumer landscape. However, attaining that loyalty is easier said than done. Here’s some data to back that up: two-thirds of consumers are open to switching brands if a competitor offers a better experience; a third of consumers will abandon a brand […] Joe Keenan February 1, 2023February 1, 2023 2 min read Marketing: Loyalty & SubscriptionShoppersConsumersData & InsightsPricing & PromotionsAcquisitionOmnichannelPredictions and ForecastsESG and CSRTrends: ConsumerMarketing: SocialTechnology & InnovationMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Corporate Purpose 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 Purpose Office Hours: Recessionary Signals, Investing Advice, And Dealing With a Toxic Work Environment Scott discusses what the increasing layoffs and reductions in force (RIFs) actually mean for our economy. He then gives insight on how to build economic stability through your investments, and ends with advice to a young professional dealing with a toxic work environment. Music: https://www.davidcuttermusic.com / @dcuttermusic Learn more about your ad choices. Visit podcastchoices.com/adchoices The Prof G Show February 1, 2023February 1, 2023 < 1 min read SustainabilityDept. NonfoodEconomy 0 Saving Bookmark this article Bookmarked
Corporate Purpose 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 Purpose How the Values-Oriented Shopper Is Shaping Modern Commerce Fragmented audiences create a unique challenge for brands and retailers Product innovation is one of the most exciting aspects of the health and wellness industry—and it can also be one of the most overwhelming. Within one year, SPINS channels tracked 71,000 new brands, with 65% of them specifically within the health and wellness space. This […] Spins February 1, 2023February 1, 2023 4 min read ShoppersData & InsightsHealth & WellnessTechnology & InnovationSustainabilityPredictions and ForecastsDept. Natural / OrganicData VisualizationDept. NonfoodMarketing: Loyalty & SubscriptionBrick and MortarDept. PerimeterDept. FreshDept. BeverageDeliveryConsumersMarketing: In StoreOwned Brands (Private Label)Trends: Food and Beverage 0 Saving Bookmark this article Bookmarked
Corporate Purpose 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 Purpose CVS introduces one + other personal care brand WOONSOCKET, R.I. — CVS Pharmacy has launched one+other (pronounced ‘one another’), a new beauty and personal care brand that the company says is designed to celebrate individuality with a line of self-care essentials designed to be mixed and matched. According to a survey conducted by The Harris Poll on behalf of CVS Health, 91% of […] MMR February 1, 2023February 1, 2023 2 min read CVSData & InsightsConsumersHealth & WellnessDept. HBCMerchandisingInclusivityThick DataDept. PharmacyBrick and Mortar 0 Saving Bookmark this article Bookmarked
Corporate Purpose 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 Purpose What consumers want in 2023 Transparency, sustainability, nutrient density and cognitive health are at the forefront. Food Business News February 1, 2023February 1, 2023 < 1 min read ConsumersSustainabilityHealth & Wellness 0 Saving Bookmark this article Bookmarked
Corporate Purpose Drive-Up Grocer Addie’s Opens First Store, Plans to Expand Across U.S. The new supermarket concept Addie’s, a self-described “drive-up grocer,” has opened its first store in Norwood, Mass., fueled by $10.1 million in seed funding it recently received from Rose Park Advisors. The pickup-only store does not allow in-store shopping; instead, the store serves as an onsite warehouse designed solely for stocking, storing and bagging groceries. […] Retail TouchPoints January 31, 2023February 1, 2023 2 min read BOPISConsumersQ CommerceDeliveryMarketing: In StoreShoppersExecutivesOperations & Supply ChainSustainabilityThick DataBrick and MortarCOVID19PartnershipsPredictions and ForecastsTechnology & InnovationAssociates 0 Saving Bookmark this article Bookmarked
Corporate Purpose 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 Purpose How Mentorship and Sponsorship Fuel DEI Success With her wealth of experience and diverse industry connections, Kimberly Lee Minor is driving positive change in the retail world. She has an infectious enthusiasm for community connection and a proven track record in implementing effective data-backed strategies around Diversity, Equity & Inclusion. During this episode of Retail Remix, we tap into Kimberly’s wealth of […] Retail Remix Podcast January 30, 2023January 30, 2023 < 1 min read Technology & InnovationDept. FuelInclusivityTrends: RetailIndustry Conferences and EventsData & Insights 0 Saving Bookmark this article Bookmarked
Corporate Purpose 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 Purpose Shipping’s 2023 Transformational Trends The e-commerce industry is heading into a year of rapid change and potential uncertainty, as labor and capacity issues could intensify or ease, carrier and rail strike concerns could reemerge, and fuel prices and shipping surcharges might be a crapshoot. Plus, ever-evolving technologies, strategies and innovations make keeping up with customers’ expectations increasingly difficult. However, […] James Kelley January 30, 2023January 31, 2023 3 min read DeliveryOperations & Supply ChainShoppersMarketing: Direct & PersonalizationSustainabilityData & InsightsConsumersCustomer ExperienceBig DataHealth & WellnessOmnichannelPackagingPredictions and ForecastsBOPISInternationalDept. NonfoodEconomyStore LocationMetaverseDept. HBCMarketing: In StoreInsight ProvidersInclusivityThick DataDept. Natural / OrganicDept. FuelAssociates 0 Saving Bookmark this article Bookmarked
Corporate Purpose Holiday sales fall short of forecast WASHINGTON — Retail sales during 2022’s November-December holiday season grew 5.3% over 2021 to $936.3 billion, falling short of the National Retail Federation’s forecast amid continuing inflation and high interest rates, NRF said. While holiday growth was less than expected, sales for the year grew 7% over 2021 to $4.9 trillion, meeting NRF’s forecast of […] MMR January 30, 2023January 30, 2023 2 min read Holiday & EventsPredictions and ForecastsEconomyConsumersWeatherSustainabilityExecutivesRestaurantsDept. OTCDept. Fuel 0 Saving Bookmark this article Bookmarked
Corporate Purpose 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 Purpose 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 Purpose 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 Purpose 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 Purpose 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