Retail Ecosystem Should Your Business Invest in Technology Now? The big takeaway Your customers will respond to offerings that are genuinely useful and helpful to them, even in an economic downturn. The key is investing in innovation that adds value, rather than chasing what’s trendy. Need proof? Beauty giant L’Oreal has invested more in research and development every year, even in tough times. That […] Salesforce January 27, 2023January 27, 2023 5 min read Technology & InnovationShoppersResults & InvestmentDept. HBCExecutivesEconomyStrategyData & InsightsInsight ProvidersMetaverseMarketing: Direct & PersonalizationConsumersMarketing: SocialMerchandisingTargetTech: AR and VR 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Juul2 wins the Vaping and Heated Tobacco Products category at Product of the Year awards Juul Labs’ new Juul2 system has been awarded Product of the Year 2023 in the Vaping and Heated Tobacco Products category, following an independent nationwide survey of 8,000 adult consumers. Juul2 was launched in April 2022 following a successful pilot launch on brand’s website. The rechargeable pod-based system was updated from previous versions with new […] Talking Retail January 27, 2023January 27, 2023 < 1 min read ConsumersThick Data 0 Saving Bookmark this article Bookmarked
Retail Ecosystem IGD identifies the six big retail trends of 2023 Driving down costs and increasing efficiency will be the biggest priorities for retailers in 2023, says the IGD industry think-tank. Toby Pickard, the IGD’s global insight leader, said these efforts would help retailers to “reset the cost base” of their businesses. The IGD’s six global retail trends, identified in its latest insight report, are: 1. […] Talking Retail January 27, 2023January 27, 2023 < 1 min read Trends: Retail 0 Saving Bookmark this article Bookmarked
Retail Ecosystem 5 Winning Ways to Utilize Branding and Outsmart Your Competition in 2023 Brand consistency is one of the top techniques that tends to be overlooked in marketing plans. Yet it’s key in setting your business apart and targeting your desired audience. It’s crucial retail companies are maintaining and developing good customer relationships. To achieve this, the focus has to be on delivering brand consistency and building brand […] Anna Stella January 27, 2023January 27, 2023 < 1 min read CompetitionMarketing: BrandShoppers 0 Saving Bookmark this article Bookmarked
Retail Ecosystem How to Market Effectively Amid Economic Uncertainty in 2023 Ever since the COVID-19 pandemic, the economy resembles a chaotic rollercoaster ride that we can’t seem to get off. As a result, many companies are tightening their budgets and applying heightened scrutiny to their overall business strategies. An area in particular that’s sometimes the first to go is marketing, but that can actually cause more […] Jason Pampell January 27, 2023January 27, 2023 < 1 min read EconomyCOVID19 0 Saving Bookmark this article Bookmarked
Retail Ecosystem How Wayfair is Prioritizing Innovation in its Brick-and-Mortar Strategy Wayfair is prioritizing innovation across its organization, supported by technology providers like Toshiba Global Commerce Solutions. While at the National Retail Federation Big Show in New York City last week, Editor-in-Chief Joe Keenan spoke with Kevin O’Riordan, head of physical retail and supply chain engineering at Wayfair, and Fredrik Carlegren, vice president of marketing and communications at Toshiba Global Commerce Solutions. In […] Kristina Stidham January 27, 2023January 27, 2023 < 1 min read Technology & InnovationStrategyCustomer ExperienceShoppersMarketing: SocialVendorsOperations & Supply ChainDept. Nonfood 0 Saving Bookmark this article Bookmarked
Retail Ecosystem The Evolution of Medical Benefit Contracting: How Pharma Can Prepare Today’s guest post comes from Saket Patel, Consultant, Advisory Services at MMIT. Saket discusses market access and contracting strategies for medical benefit products when pharmacy benefit biosimilar therapies launch. He then describes how to automate formulary and medical policies to protect manufacturers from overpayment. Click here to learn about MMIT’s Contract Validation solution. Read on […] Drug Channels January 27, 2023January 27, 2023 2 min read Dept. PharmacyData & InsightsMarketing: SocialConsultingShoppersMeta (Facebook)ESG and CSR 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Boston Engineer Tests Pure-Play Curbside Pickup Store in Boston The Boston Globe writes about Addie’s, a new independent pickup-only grocery store that has opened in Norwood, Massachusetts, about 20 miles south of Boston. It is, the Globe writes, “the brainchild of Jim McQuade, an aerospace engineer by training, who says he became ‘obsessed’ with the online grocery concept more than a decade ago, after […] MorningNewsBeat January 27, 2023January 27, 2023 2 min read BOPISBrick and MortarTechnology & InnovationCompetitionResults & InvestmentPredictions and ForecastsDept. PerimeterDept. GroceryDept. FreshDept. DairyCOVID19Associates 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Bed Bath & Beyond Defaults On Its Loans The Wall Street Journal reports that “Bed Bath & Beyond Inc. said it doesn’t have the funds to repay its banks after they determined the retailer has defaulted on its credit lines. “The home-goods chain said Thursday it received a notice of default from JPMorgan Chase & Co. on Wednesday. The banks are calling for […] MorningNewsBeat January 27, 2023January 27, 2023 < 1 min read Bed Bath & BeyondPartnershipsEconomyBrick and MortarBankruptcy 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Return to Store – The Future of Retail With many retailers reporting strong sales figures for the end of 2022, and the number of vacant UK shops falling what can retailers do to get… View Article The Retail Bulletin January 27, 2023January 27, 2023 < 1 min read Predictions and ForecastsTrends: RetailInternational - UK 0 Saving Bookmark this article Bookmarked
Retail Ecosystem CVS Health launches Community Equity Alliance WOONSOCKET, R.I. —CVS Health announced a new initiative that will address barriers to care in underserved communities across the country. The CVS Health Community Equity Alliance is being established to expand the community health worker workforce, enhance connections between health care institutions and communities and address disparities in heart health and mental health outcomes. The Alliance […] MMR January 27, 2023January 27, 2023 3 min read Health & WellnessCVSAssociatesDept. HBCPartnershipsStrategyESG and CSRTechnology & InnovationOmnichannelData & InsightsDept. NonfoodExecutivesInclusivityMarketing: SocialGoogle 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Food Lion launches ‘food pharmacy’ pilot program SALISBURY, N.C. — Food Lion and Novant Health are collaborating to launch a food pharmacy pilot program at Novant Health New Hanover Regional Medical Center in Wilmington, NC. A leading omnichannel retailer serving towns and cities across 10 states, Food Lion is committed to nourishing neighbors and families, setting them up for success in life. […] MMR January 27, 2023January 27, 2023 2 min read Dept. GroceryAhold DelhaizeDept. PharmacyHealth & WellnessMerchandisingPartnershipsOmnichannelDept. FreshBrick and MortarExecutivesMarketing: UGCMarketing: BrandDept. DairyDept. PerimeterResults & InvestmentDept. BeverageData & InsightsPackagingStrategy 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Meijer Grocery format debuts with two new stores GRAND RAPIDS, Mich. — Supercenter pioneer Meijer opened its first two Meijer Grocery stores in the Detroit metro area on Friday, introducing a more streamlined, food-focused shopping experience to customers in communities where there is no room for a full-sized Meijer store. “As a company, we’ve opened more than 500 supercenters, neighborhood markets and Meijer […] MMR January 27, 2023January 27, 2023 3 min read MeijerBrick and MortarShoppersDept. GroceryStore LocationPhilanthropyDept. FreshExecutivesDept. RefrigeratedDept. PerimeterPartnershipsDept. BakeryDept. HBCDept. Fresh PreparedDept. DeliMarketing: In StoreTech: CashierlessInclusivityHealth & WellnessDept. NonfoodEconomyDept. PharmacyDeliveryTechnology & InnovationBOPIS 0 Saving Bookmark this article Bookmarked
Retail Ecosystem CVS, Walmart to cut pharmacy hours amid labor concerns NEW YORK — CVS Health and Walmart said they will be reducing pharmacy hours to address the ongoing pharmacist shortage, The Wall Street Journal reported Friday. CVS plans to cut or shift operating hours at about two-thirds of its 9,000-strong U.S. network in March, while Walmart intends to close most of its nearly 4,600 stores two […] MMR January 27, 2023January 27, 2023 < 1 min read Dept. PharmacyCVSAssociatesWalmartBrick and MortarWalgreensStrategyHealth & WellnessEconomy 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Ahold Delhaize USA pulls back the curtain on data Rom Kosla, chief information officer for the grocer’s Retail Business Services arm, shares how the company collects and stores information and turns it into actionable insights. Grocery Dive January 27, 2023January 27, 2023 < 1 min read Ahold DelhaizeData & InsightsExecutivesBrick and Mortar 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Learning Experience: Arbeiten und Training Hand in Hand Was ist eine Learning Experience? Und was ist ein Lernmanagementsystem? Im FCEE-Blog geht es um digitales „New Learning“ als Teil des täglichen Arbeitsablaufs. Neben der Customer Experience und der Employee Experience gewinnt die Learning Experience zunehmend an Bedeutung. 0 Author Missing January 27, 2023January 27, 2023 < 1 min read Customer ExperienceShoppers 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Productivity and innovation efforts lift ADM profit Revenues climb 19% in full year. Food Business News January 27, 2023January 27, 2023 < 1 min read Technology & Innovation 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Chipotle seeks to hire 15,000 restaurant workers ahead of busy spring months [[ Getty Images Chipotle Mexican Grill is seeking to hire 15,000 restaurant workers ahead of its busiest time of the year, which runs from March to May. In recent months, restaurants have found it easier to attract and retain workers, a reversal after the labor crunch that ensued after pandemic lockdowns. However, the sector has […] CNBC January 27, 2023January 27, 2023 < 1 min read RestaurantsAssociatesTechnology & InnovationCOVID19EconomyHealth & WellnessConsumersMeta (Facebook)Dept. HBCData & InsightsPricing & PromotionsResults & InvestmentTargetInternational - North AmericaAmazon 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Walmart-owned Sam’s Club plans to open about 30 new stores over next five years [[ Getty Images Walmart-owned Sam’s Club on Thursday said it will open more than 30 new stores in the U.S., marking its most aggressive expansion in years. The warehouse club’s next store is expected to open in Florida in 2024. Sam’s Club also plans to open five fulfillment and distribution centers this year, with the […] CNBC January 27, 2023January 27, 2023 4 min read Brick and MortarWalmartCostcoData & InsightsOperations & Supply ChainEconomyCOVID19Dept. FuelAssociatesDept. GrocerySams ClubShoppersBOPISBed Bath & BeyondBJ’s Wholesale ClubDept. BeverageDept. PetPackagingDept. NonfoodCompetitionDeliveryDept. Fresh PreparedDept. FreshTechnology & InnovationExecutivesOwned Brands (Private Label)Predictions and ForecastsDept. Paper 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Hasbro warns of weak holiday quarter results, cuts 15% of its workforce [[ Getty Images Hasbro said Thursday it would eliminate around 1,000 employee positions and warned of weak holiday-quarter results. Shares of the toy maker fell more than 6% in extended trading. “Despite strong growth in Wizards of the Coast and Digital Gaming, Hasbro Pulse, and our licensing business, our Consumer Products business underperformed in the […] CNBC January 27, 2023January 27, 2023 2 min read Dept. Toys & GamesHoliday & EventsConsumersAssociatesResults & InvestmentSustainabilityStrategyPredictions and ForecastsOperations & Supply ChainExecutivesEconomyData & InsightsCOVID19 0 Saving Bookmark this article Bookmarked
Retail Ecosystem RTIH Top 100 Retail Technology Influencers List: this is your last chance to enter We’re gearing up to publish the latest edition of the RTIH Top 100 Retail Technology Influencers List. RTIH is scouring the retail tech world to find the most influential figures for this comprehensive list of people and trends that shaped the industry in 2022 and will continue to drive it further in 2023. With the […] Retail Technology Innovation Hub January 27, 2023January 27, 2023 < 1 min read Technology & InnovationMarketing: SocialTech: CashierlessTwitterDeliveryBrick and MortarCOVID19MetaverseTrends: TechNFTQ Commerce 0 Saving Bookmark this article Bookmarked
Retail Ecosystem NRF 2023: Top Retail Influencers’ Key Takeaways The RETHINK Retail team ventured to NYC from January 14-17th for NRF 2023: Retail’s Big Show. While there, we had the opportunity to speak with attendees from our Top Retail Influencer community and learn about their event experience. #TRI members- April Sabral, Andrew Smith, Carl Boutet, Alberto Serrentino, Charles Haseman, Christine Russo, Guy Courtin, and […] Rethink Retail January 27, 2023January 27, 2023 5 min read Technology & InnovationMarketing: SocialData & InsightsOperations & Supply ChainShoppersPredictions and ForecastsExecutivesData VisualizationOmnichannelBrick and MortarCustomer ExperienceReturnsAssociatesTrends: RetailSustainabilityResults & InvestmentIndustry Conferences and EventsMerchandisingInsight ProvidersConsultingDept. ApparelVendorsMarketing: Loyalty & Subscription 0 Saving Bookmark this article Bookmarked
Retail Ecosystem DOJ suing Google for anti-competitive behavior in digital ad market The Department of Justice has filed a civil antitrust suit against Google, arguing that the tech giant has engaged in monopolistic behavior including leveraging its market dominance to force digital advertisers to use its services. Google has responded by accusing the government of trying “to pick winners and losers in the highly competitive advertising-technology sector.” RetailWire January 27, 2023January 27, 2023 < 1 min read GovernmentGoogleTechnology & InnovationLegal & Criminal 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Retailers use layoffs as a hedge against potential downturn Saks Off Fifth laid off an unspecified number of workers on Tuesday. Saks.com cut about 100 workers from its payroll. Stitch Fix, Wayfair and others have also cut job cuts the start of 2023 as they attempt to operate profitably. “Retailers are really being cognizant of capital preservation,” said Catherine Lepard, who leads the global […] RetailWire January 27, 2023January 27, 2023 < 1 min read AssociatesEconomyResults & Investment 0 Saving Bookmark this article Bookmarked
Retail Ecosystem How Lego transformed after the pandemic Company leadership said the most important lesson learned during the pandemic was to remain agile. RetailDive January 27, 2023January 27, 2023 < 1 min read COVID19Dept. Toys & Games 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Gymshark lays off 65 US employees The U.K.-based athletics brand joins a growing list of direct-to-consumer companies announcing layoffs as the year starts. RetailDive January 27, 2023January 27, 2023 < 1 min read AssociatesConsumers 0 Saving Bookmark this article Bookmarked
Retail Ecosystem 5 Ways to Use ChatGPT for SEO Google thus far disallows AI-generated content in its index. But the SEO benefit of ChatGPT and similar tools is increased productivity, not producing entire articles. The post 5 Ways to Use ChatGPT for SEO appeared first on Practical Ecommerce. Practical Ecommerce January 27, 2023January 27, 2023 < 1 min read ChatGPTData & InsightsTechnology & InnovationGoogleDept. Nonfood 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Three Use Cases for Amazon Marketing Cloud It seems like everyone is talking about Amazon Marketing Cloud lately. You might be wondering why there is so much excitement for AMC, and how you can actually use Amazon’s newest analytics tool to grow your business. Today, we’ll walk through three categories of use cases that advertisers like yourself can start implementing today. What […] Intentwise January 27, 2023January 27, 2023 4 min read AmazonData & InsightsTechnology & InnovationShoppersTargetMarketing: ShopperStore LocationAcquisitionSustainabilityStrategy 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Sweatcoin steps up personalisation with MoEngage Crypto-rewards health & fitness app, Sweatcoin, steps up personalisation with MoEngage. Sweatcoin, the step counting app that pays customers to get active by converting their steps into currency, has partnered with MoEngage, the leading insights-led customer engagement platform, to enhance customer engagement as it fuels the growth of its Movement Economy. Sweatcoin is a new breed of […] Modern Retail January 27, 2023January 27, 2023 < 1 min read ShoppersInternational - UKHealth & WellnessEconomyCryptoData & Insights 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Source Home & Gift: Europe’s Newest Responsible Sourcing Show The only international sourcing platform of its kind in the UK, Source Home & Gift taking place from 5th – 8th February at NEC Birmingham UK, has announced its seminar programme of informative talks taking place on its new Responsible Retail Stage across all four days of the inaugural show including a keynote with founder of JoJo Maman Bébé, […] Modern Retail January 27, 2023January 27, 2023 < 1 min read International - UKInternational 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Millennials Dominated Holiday Shopping Spend — Here’s What it Means for 2023 In a year when holiday spending on gifts, travel and entertainment was down 1 percent from the year prior, one age group bucked that trend in a huge way. Millennials, perhaps aided by increased incomes due to “The Great Reshuffle,” told us it would spend a whopping 11 percent more than it did in 2021, […] Written by Kelly Pedersen January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked
Retail Ecosystem Retail Traffic Trends #112: Consumer Habits 2023 While some trends come and go, there were a few trends that have stayed with consumers throughout the year. As online shopping continues to be a popular choice for consumers, physical stores can offer shoppers perks that e-commerce can’t replicate. This week we look at trends to increase foot traffic and customer loyalty. […] Written by Doorcounts January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked
Retail Ecosystem Just Walk Out gives Whole Foods stores an edge, data shows The two stores in the chain outfitted with Amazon’s checkout-free technology did better in some ways than nearby locations without the automated system during the second half of 2022, Placer.ai found. Written by Grocery Dive January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked
Retail Ecosystem ShopRite adds online filters to help shoppers choose products and recipes The improvements are intended to help shoppers find products and recipes that meet specific criteria, such as dairy-free, vegan, vegetarian and gluten-free. Written by Grocery Dive January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked
Retail Ecosystem 7 online grocery trends for retailers to watch Online grocery shopping is here to stay. Top online grocery trends include AI tools, drone delivery, data security, and ready-made meals. Written by Future of Commerce January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked