Retail Ecosystem

  1. Retail Ecosystem
Starbucks and the Workers United union have agreed on a framework for collective bargaining discussions for the nearly 400 stores represented by the union. They also have aligned on how to resolve litigation between the union and the company and are seeking to establish a fair process for workers to organize. As a sign of […]
  1. Retail Ecosystem
GOODLETTESVILLE, Tenn. — Dollar General customers can now purchase food, produce, over-the-counter medicines and additional wellness products in more than 20,000 stores nationwide using health supplemental benefits, the company said on Wednesday. “With approximately 75% of Americans within five miles of a Dollar General, we recognize the unique access we provide to all communities, especially […]
  1. Retail Ecosystem
TAMPA — Stew Turley, who guided the evolution of Eckerd Corp. for three decades, died last week at his home in Florida after a battle with lymphoma. He was 89. During the course of his tenure at the retailer, which began in 1966 when he was named manager of non-drug operations, Eckerd grew to 2,778 […]
  1. Retail Ecosystem
The Associated Press reports that “American consumers are feeling less confident this month as concerns over a possible recession grew despite most recent data pointing to a healthy US economy. “The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 106.7 from a revised 110.9 in January. Analysts had […]
  1. Retail Ecosystem
There were numerous press reports yesterday that fast feeder Wendy’s plans to institute surge pricing – charging higher prices at high-demand times – sometime next year. The reports seemed to emanate from comments made earlier this month by the company’s new CEO-president, Kirk Tanner, who said that the chain plans to rollout “dynamic pricing,” enabled […]
  1. Retail Ecosystem
Macy’s announced yesterday that it will close 150 of its stores in the US, a move that will eliminate about 25 percent of its square footage representing about 10 percent of its sales. The New York Times reports that “it is the second major downsizing of the Macy’s chain since 2020 and will leave the […]
  1. Retail Ecosystem
We’ve posted a lot of commentary and emails against the Kroger-Albertsons deal, so it is important to point out that not everybody feels that way, as one MNB reader wrote: Throughout the saga of the Kroger-Albertsons deal I’ve definitely felt I carry the minority opinion.  I work for a large CPG and engage with Kroger’s […]
  1. Retail Ecosystem
Join YipitData’s Alex Matters and Nick Shields on Monday, March 4th at 1:30pm ET for a webcast on recent trends across the launch of our new Sports Goods & Clothing coverage (DKS, ASO, FL), followed by a live Q&A where you can get all your questions answered directly from our analysts. The team will discuss: […]
  1. Retail Ecosystem
There’s a famous anecdote about three stone masons. Though its origins are fuzzy, at best, it’s a beautiful lesson in the power of perspective. Each version goes something like this: a stranger wandering along a road encounters a trio of workers. He asks the first, “What are you doing?” The worker responds, “What does it […]
  1. Retail Ecosystem
For some time now, many retailers have been exploring the use of artificial intelligence to enhance various aspects of their business, from inventory placement to merchandising assortments. However, the conversation gained renewed momentum in 2023 with the emergence of ChatGPT and generative AI. This increased interest in the potential of AI to transform retail operations […]
  1. Retail Ecosystem
Being a manager in any industry is tough. Being a manager in the retail industry is especially so considering challenges caused by high employee turnover rates. At 60.5 percent, the retail and wholesale industry has the highest turnover rate of any industry, and it’s triggered by employees wanting more workplace flexibility, better pay and compensation, […]
  1. Retail Ecosystem
Parliamentarians across both houses are urging the government to “listen to the public” and put the tobacco and vapes Bill to Parliament without further delay. A YouGov poll for ASH published today (28 February) found that 71% of adults support the goal of making Britain… This story continues at Parliamentarians insist Smokefree Generation Bill is […]
  1. Retail Ecosystem
Seabrook, the crinkle-cut crisp brand, has brought back its Smoky Bacon flavour crisps in response to popular consumer demand. Back by popular demand, Seabrook Smoky Bacon flavour crinkle cut crisps have returned for a limited time only. Claire Hooper, marketing director for Calbee UK, owner… This story continues at Seabrook brings back its Smoky Bacon […]
  1. Retail Ecosystem
The annual leave report, conducted by HR systems specialist Access PeopleHR, analysed data from over 3,000 companies to reveal that the retail and wholesale sector has seen a 4.32% drop in annual leave taken per employee from 2022-2023. Nationally, annual leave taken has dropped by 7.6%… This story continues at Retail and wholesale workers taking 4% […]
  1. Retail Ecosystem
According to software firm Jisp, its Scan & Save retailer partners are thriving despite news of the UK slipping into a technical recession following a 0.3% drop in GDP in the last quarter of 2023. The company said, contrary to market conditions, retailers working with… This story continues at Scan & Save retailers defy technical […]
  1. Retail Ecosystem
The new Space Saver is the world’s first rotisserie with a heated self-service display cabinet, helping operators simplify their hot food offering. Versatility and flexibility are central to the Space Saver as the rotisserie offers operators the opportunity to expand menus beyond traditional options. Fri-Jado… This story continues at Fri-Jado presents Space Saver auto-clean rotisserie […]
  1. Retail Ecosystem
After a tumultuous few years, Rent the Runway is seeking a fresh perspective to drive its marketing and advertising efforts to drum up demand. Natalie McGrath, who has 20 years of experience, will join the company as Chief Marketing Officer (CMO), effective March 4, 2024. She will be the first person to take on the […]
  1. Retail Ecosystem
“When I get customer interaction I want it to count. Technology can help with that.” So said Naomi Simcock, Operations Director at John Lewis, in a Q&A conference session with consultant, Andrew Busby, at Smart Retail Tech Expo on 27th February at ExCel in London. “I’ve got a huge supply chain and other fixed costs, […]
  1. Retail Ecosystem
The CPG Guys are joined in this episode by James H. Dickerson, PhD, former Chief Scientific Officer at Consumer Reports. Follow James on LinkedIn at: https://www.linkedin.com/in/james-h-dickerson-phd/ James answers these questions: Would you walk our audience through some of the pivotal professional experiences in your career that have led you to AMTIL? Can you share your […]
  1. Retail Ecosystem
  Retail food sales success can be found at the intersection of growing your share of stomach and your share of wallet according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® who stated these two metrics play a crucial role in understanding consumer behavior and competitive dynamic driving success today within the […]
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  1. Retail Ecosystem
Testing for Ships in Product Packaging compatibility often involves “a series of drops and vibrations,” a packaging innovation team leader said. Sellers can expect fee discounts for program participation. Amazon is pulling back the curtain on how it’s teeing up more packages to arrive on doorsteps without Amazon logos. Last week, the Ships in Product Packaging program expanded by […]
  1. Retail Ecosystem
Walmart this morning released its final results for Q4 and the just completed fiscal year, saying that Q4 revenue was $173.4 billion, up 5.7 percent from the same period a year ago.  Q4 operating income was up 13 percent to $7.3 billion. US same store sales for the quarter were up four percent. Global e-commerce […]

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