Trends & External Forces Bed Bath & Beyond Promotes Two Executives to Top Finance Positions One day after announcing the departure of CEO Mark Tritton, Bed Bath & Beyond has named Laura Crossen as its new SVP of Finance and Chief Accounting Officer, and Susie Kim as SVP of Treasury and Investor Relations. Both appointments are effective immediately. Crossen, who has been with the retailer since 2001, will lead the […] Retail TouchPoints June 30, 2022June 30, 2022 2 min read ExecutivesBed Bath & BeyondResults & InvestmentAssociatesOperations & Supply ChainMerchandisingGovernment 0 Saving Bookmark this article Bookmarked
Trends & External Forces The business case for marketing balance In late May, the U.S. military airlifted 70,000 pounds of baby formula from Europe to the U.S. to help with the national shortage. It was another troubling development in what has become a national supply-chain crisis that’s still affecting everything from cars to semiconductors to lumber. And that’s a problem for marketers focused on lower-funnel […] Nielsen June 30, 2022June 30, 2022 2 min read Big DataInsight ProvidersData & InsightsConsumersCompetitionOperations & Supply ChainCOVID19Dept. NonfoodShoppersStrategyAcquisitionTechnology & InnovationEconomyHealth & WellnessMerchandisingPredictions and ForecastsPricing & PromotionsProcter & GambleTarget 0 Saving Bookmark this article Bookmarked
Trends & External Forces Instagram rolls out an account deletion option on iOS to comply with Apple’s new policy You can now delete your Instagram directly from the mobile app. The Meta-owned social media app has now rolled out a new option that lets you opt to delete or deactivate your Instagram account on iOS in order to comply with Apple’s updated App Store Review Guidelines that now mandate all apps that offer account […] TechCrunch June 30, 2022June 30, 2022 3 min read Meta (Facebook)Marketing: SocialProcter & GambleData & InsightsBig DataStreamingPricing & PromotionsMarketing: BroadcastLegal & CriminalGovernmentESG and CSR 0 Saving Bookmark this article Bookmarked
Trends & External Forces Raining Tacos from the Heavens How the new Taco Bell Defy in Brooklyn Park, Minnesota is defying the odds and changing the way drive-thrus operate By Brandon Solnit – PAR Technology Drive-thru services account for a large portion of fast-food restaurant operations. With 42% of all restaurants operating drive-thrus, it has become an operational necessity. From line-busting to pulling cars, […] Partech June 30, 2022June 30, 2022 4 min read RestaurantsConsumersShoppersDept. GroceryTechnology & InnovationDeliveryAssociatesMarketing: Loyalty & SubscriptionPredictions and ForecastsOperations & Supply ChainProcter & GamblePricing & PromotionsMarketing: Direct & PersonalizationDept. ApparelCOVID19Partnerships 0 Saving Bookmark this article Bookmarked
Trends & External Forces Contactless Payments are Here to Stay with PARPay Payment services are evolving and PARPay is here to help your restaurant adapt to the forever-changing times By Brandon Solnit – PAR Technology As the pandemic slowly starts to subside and life inches back to normal, the restaurant industry has seen a major change in the way customers make purchases. One thing Covid-19 brought to […] Partech June 30, 2022June 30, 2022 3 min read Technology & InnovationRestaurantsShoppersConsumersCOVID19Data & InsightsBig DataMarketing: Loyalty & SubscriptionDept. GroceryDept. NonfoodSustainabilityLegal & CriminalMarketing: Direct & PersonalizationHealth & WellnessMarketing: BrandOperations & Supply ChainPartnershipsPredictions and ForecastsPricing & PromotionsProcter & GambleGoogleAssociates 0 Saving Bookmark this article Bookmarked
Trends & External Forces Podcast: Save A Lot’s Tim Schroder sees ‘big opportunity’ for value grocer High food prices have shoppers hunting for savings and embracing store brands Supermarket News June 30, 2022June 30, 2022 < 1 min read Save A LotPodcastsShoppersEconomyDept. Grocery 0 Saving Bookmark this article Bookmarked
Trends & External Forces 8 weird consumer spending trends The rising cost of living is wreaking havoc with consumer spending. And as food, transport, and energy prices continue to rocket, consumers aren’t the only ones cutting back. Tesla recently announced mass layoffs, while buy-now-pay-later giant Klarna has cut 10% of its staff. We see a clear consumer dilemma in our Zeitgeist data – between […] GWI (Global Web Index) June 30, 2022June 30, 2022 3 min read ConsumersHealth & WellnessSustainabilityMarketing: SocialCOVID19International - UKData & InsightsDept. GroceryBig DataBrick and MortarEconomyProcter & GambleESG and CSRShoppersResults & InvestmentDept. NonfoodPackagingOwned Brands (Private Label)Holiday & EventsDept. Adult BevDept. ApparelAssociates 0 Saving Bookmark this article Bookmarked
Trends & External Forces Today in Data: Declining Consumer Confidence Today in data, continued inflation and fears of a recession have contributed to a drop in the Consumer Confidence Index. Data $267.2B: Orders last month for manufactured durable goods, a sign that consumers were still spending despite inflation 98.7: The Consumer Confidence Index, down from 103.2 last month, and the lowest level since February 2021 43.2: Decline in […] Pymnts.com June 30, 2022June 30, 2022 < 1 min read ConsumersEconomyData & InsightsBig DataResults & InvestmentAssociates 0 Saving Bookmark this article Bookmarked
Trends & External Forces Facebook Forecast to Suffer First Ever Drop in US Users This Year The decline will be due to youth, as under 25s stay away from the platform. The post Facebook Forecast to Suffer First Ever Drop in US Users This Year appeared first on Marketing Charts. marketingcharts.com June 30, 2022June 30, 2022 < 1 min read Predictions and ForecastsMeta (Facebook)Marketing: SocialESG and CSR 0 Saving Bookmark this article Bookmarked
Trends & External Forces Inflation is making Fourth of July celebrations more expensive than ever Thanks to inflation, even a backyard barbecue is more expensive this year, but there are ways to save and not forgo that time-tested holiday tradition. CNBC June 30, 2022June 30, 2022 < 1 min read EconomyHoliday & Events 0 Saving Bookmark this article Bookmarked
Trends & External Forces Walgreens beats sales expectations as retail growth helps offset steep drop in Covid vaccines The drugstore reiterated its forecast for the year, after seeing online purchases jump and retail sales bounce back in the quarter. CNBC June 30, 2022June 30, 2022 < 1 min read WalgreensCOVID19Predictions and ForecastsProcter & Gamble 0 Saving Bookmark this article Bookmarked
Trends & External Forces Bed Bath & Beyond Inc. appoints new Chief Accounting Officer and Head of Treasury UNION, N.J., June 30, 2022 /PRNewswire/ — Bed Bath & Beyond Inc. (Nasdaq: BBBY) today announced that it has named Laura Crossen as Senior Vice President of Finance and Chief Accounting Officer, and Susie A. Kim as Senior Vice President of Treasury and Investor Relations, effective… PR Newswire June 30, 2022June 30, 2022 < 1 min read GovernmentBed Bath & BeyondExecutivesResults & InvestmentAssociates 0 Saving Bookmark this article Bookmarked
Trends & External Forces Mania and Smoke Signals in the Markets — with Richard Kramer Richard Kramer, the founder of Arete, an independent equity research firm, joins Scott to discuss how to think about and assess value in companies. We also hear Richards’s thoughts on the tech space, including why he’s more bullish on YouTube than TikTok. Scott opens with his thoughts on the economic consequences the United States will […] The Prof G Show June 30, 2022June 30, 2022 < 1 min read Marketing: SocialTechnology & InnovationTikTokEconomy 0 Saving Bookmark this article Bookmarked
Trends & External Forces Mania and Smoke Signals in the Markets — with Richard Kramer Richard Kramer, the founder of Arete, an independent equity research firm, joins Scott to discuss how to think about and assess value in companies. We also hear Richards’s thoughts on the tech space, including why he’s more bullish on YouTube than TikTok. Scott opens with his thoughts on the economic consequences the United States will […] The Prof G Show June 30, 2022June 30, 2022 < 1 min read Marketing: SocialTechnology & InnovationTikTokEconomy 0 Saving Bookmark this article Bookmarked
Trends & External Forces Restaurant and Convenience Stores Consumers Visits Declining The consumer is telling us the cost of everything can’t keep going up. Consumers are cutting back on visits to their favorite restaurants and convenience store. If you are a retailer that means less money, in the till, less profit in the back at the end of the month. The questions Steven Johnson, Grocerant […] Grocerant Guru June 30, 2022June 30, 2022 4 min read ConsumersTechnology & InnovationEconomyRestaurantsDept. GroceryBig DataData & InsightsShoppersMarketing: SocialThick DataDept. FuelBrick and MortarStore LocationDept. FreshMeta (Facebook)TwitterESG and CSRMarketing: In StoreDept. NonfoodDept. Adult BevResults & InvestmentSustainability 0 Saving Bookmark this article Bookmarked
Trends & External Forces Interview: Jan Heijblom, Sales Manager – GreyOrange On June 8 and 9, 2022, Deliver Event took place in Amsterdam. This event gave us the opportunity to meet and exchange with logistics solutions from all over the world. In this context, I had the opportunity to exchange with Jan Heijblom, Sales Manager at GreyOrange. Jan and I were able to discuss various topics, […] Ecommerce Nation June 30, 2022June 30, 2022 3 min read Operations & Supply ChainTechnology & InnovationTech: RoboticsDeliveryData & InsightsCOVID19Big DataMeta (Facebook)Marketing: SocialDept. HBCBrick and MortarAssociates 0 Saving Bookmark this article Bookmarked
Trends & External Forces Amazon Prime Video’s Watch Party feature is now available on smart TVs and streaming devices Amazon Prime Video’s Watch Party feature, which lets you watch a movie or a TV show together with your friends remotely, is now available on smart TVs, streaming devices like Roku, and gaming consoles like Xbox or PlayStation. Before this expansion, the feature was available on desktops, Fire TV devices, and on the Prime Video […] TechCrunch June 30, 2022June 30, 2022 < 1 min read StreamingAmazonMarketing: BroadcastMarketing: Loyalty & SubscriptionMarketing: Digital MediaESG and CSRCOVID19Marketing: SocialTwitterUnilever 0 Saving Bookmark this article Bookmarked
Trends & External Forces Black Swan analyzes social media to predict which products will be successful Consumer packaged goods companies — think PepsiCo or Nabisco — face steep challenges from the rising cost of living and distribution. As inflation continues unabated, consumers’ disposable income isn’t going as far as it used to while products are becoming more expensive to ship. The pressure is on businesses to place their bets on the […] TechCrunch June 30, 2022June 30, 2022 3 min read Technology & InnovationConsumersData & InsightsPepsiCoBig DataESG and CSRMarketing: SocialShoppersDept. BeverageInternational - UKDept. Adult BevPredictions and ForecastsDept. GrocerySustainabilityOperations & Supply ChainStrategyResults & InvestmentProcter & GamblePartnershipsMarketing: In StoreMeta (Facebook)Marketing: UGCAssociatesEconomyDept. NonfoodCOVID19Thick DataAI / ML 0 Saving Bookmark this article Bookmarked
Trends & External Forces NFT giant OpenSea reports major email data breach OpenSea, the popular NFT marketplace that hit a colossal $13 billion valuation in January, is warning users of email phishing after a data breach. A staff at Customer.io, an email vendor contracted by OpenSea, misused their employee access to download and share email addresses of OpenSea’s users and newsletter subscribers with an unauthorized external party, […] TechCrunch June 30, 2022June 30, 2022 < 1 min read CryptoData & InsightsBig DataLegal & CriminalNFTMarketing: SocialblockchainShoppersTechnology & InnovationProcter & GambleTargetAssociates 0 Saving Bookmark this article Bookmarked
Trends & External Forces Creating A Purpose-Infused Culture During the final years of his life, Steve Jobs became concerned with how to perpetuate his legacy and knowledge base inside the company. Interestingly, he didn’t place much emphasis on defining a formal company purpose. Although he cared deeply that employees lived the company’s mission (he would often challenge leaders by asking them, “Is this […] Branding Strategy June 30, 2022June 30, 2022 3 min read PhilanthropyMarketing: BrandStrategyAssociatesMarketing: SocialTechnology & InnovationExecutivesHealth & WellnessMarketing: In StoreOperations & Supply ChainPredictions and ForecastsProcter & GambleSustainabilityData Visualization 0 Saving Bookmark this article Bookmarked
Trends & External Forces Fast Food Market to record USD 87.27 Bn growth | APAC to occupy 45% market share | Technavio NEW YORK, June 29, 2022 /PRNewswire/ — The “Fast Food Market by Product and Geography – Forecast and Analysis 2021-2025” report by Technavio identifies APAC as the key market and 45% of the overall market growth is expected to originate from this region. According to the report, the… PR Newswire June 29, 2022June 30, 2022 < 1 min read Dept. GroceryResults & InvestmentPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Trends & External Forces Research suggests store layout changes could tackle obesity Research conducted by GS1 UK has found that removing products high in fat, sugar or salt (HFSS) from prime locations in-store may have a far greater impact on the nation’s health than raising prices. As the cost-of-living crisis continues to derail plans for tackling obesity, the omission of proposed HFSS taxes in the government’s response […] Talking Retail June 29, 2022June 29, 2022 < 1 min read Technology & InnovationStore FormatGovernmentMarketing: In StoreInternational - UKHealth & Wellness 0 Saving Bookmark this article Bookmarked
Trends & External Forces Editor’s comment: A great British fudge Who would have thought that a row over boozy parties held in Downing Street during lockdown would have a material impact on the future of independent convenience stores? Bizarre, yes, but that does appear to be what happened last month after the government announced that some of the planned rules on restricting the sale of […] Talking Retail June 29, 2022June 29, 2022 < 1 min read International - UKGovernmentPredictions and ForecastsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Trends & External Forces Viewpoint: Reach out to others Among all the headlines we are seeing at the moment, one that is constant is the cost-of-living crisis. Sadly, it will only get worse and will hit us all in many ways for the foreseeable future. As I have said previously, convenience loves uncertainty and consumers will naturally shop little and often, which works well […] Talking Retail June 29, 2022June 29, 2022 < 1 min read ConsumersPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Trends & External Forces 4 Creative Ways Retailers Are Using Gift Cards to Drive Sales With supply chain issues stressing physical inventory and inflation running high, consumers are turning to gift cards to fill the gap and stretch their spending power. According to a recent consumer survey from Fiserv, 58 percent of consumers said gift card promotions are motivating them to buy more gift cards during this inflation period. This […] Tom Niedbalski June 29, 2022June 29, 2022 2 min read ConsumersShoppersMarketing: TradeESG and CSREconomyHoliday & EventsOperations & Supply ChainOmnichannelDept. NonfoodPhilanthropyMarketing: In StoreThick DataTechnology & InnovationPricing & PromotionsDept. FreshMarketing: SocialMarketing: Loyalty & SubscriptionTrends: FinanceDept. BakeryDept. PerimeterAssociates 0 Saving Bookmark this article Bookmarked
Trends & External Forces Bed Bath & Beyond CEO Mark Tritton Out as Sales Slow Mark Tritton, who took over as CEO of Bed Bath & Beyond in late 2019 to lead a transformation amid declining store traffic, resigned from his position on Wednesday. Bed Bath & Beyond Board Director Sue Gove, who is taking over as interim CEO, said in a news release that the leadership change occurred because […] Marie Albiges June 29, 2022June 29, 2022 2 min read Bed Bath & BeyondExecutivesCOVID19Owned Brands (Private Label)StrategyDept. HBCDept. NonfoodDivestituresStore LocationTargetBrick and MortarHealth & WellnessMerchandisingOperations & Supply ChainTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Trends & External Forces How to Attract Gen Z Customers and Employees Alike Generation Z, or those born from 1997-2012, will be America’s largest generation by 2034, topping out at about 80 million. The oldest adult Gen Zers are already establishing potentially long-lasting earning and spending patterns, while the younger members of this demographic are still learning their first lessons about spending, saving and employer relations. To understand […] David Wilkinson June 29, 2022June 29, 2022 3 min read ConsumersAssociatesCOVID19ESG and CSRMarketing: SocialInclusivityEconomyPredictions and ForecastsDept. NonfoodResults & InvestmentShoppersThick DataConsultingTechnology & InnovationMarketing: In StoreMarketing: Loyalty & SubscriptionMeta (Facebook)Operations & Supply ChainPricing & PromotionsProcter & GambleTikTok 0 Saving Bookmark this article Bookmarked
Trends & External Forces 3 Strategies to Tackle the Current Economic Environment According to the U.S. Bureau of Labor Statistics, in March 2022, the Consumer Price Index rose 8.5 percent over the previous year — the largest increase in over 40 years. This jump has hit consumers’ wallets hard. What’s more, research from The Conference Board shows that consumer confidence is down again after rebounding from COVID-driven […] Elinor Johansen June 29, 2022June 29, 2022 3 min read ConsumersShoppersTechnology & InnovationEconomyDept. NonfoodCustomer ExperienceCustomer ExperienceMarketing: Direct & PersonalizationStrategySustainabilityOperations & Supply ChainData & InsightsAssociatesExecutivesBig DataCOVID19Thick DataMarketing: Loyalty & Subscription 0 Saving Bookmark this article Bookmarked
Trends & External Forces 2022 RTIH retail technology awards – Omnichannel initiative of the year category After launching in 2019 and delivering hugely successful follow up events in 2020 and 2021, the RTIH Innovation Awards return in 2022, featuring PMC as Headline Sponsor. The fourth edition of the awards is now open for entries, and includes a new category: Omnichannel retail initiative of the year. This award will go to a […] Retail Technology Innovation Hub June 29, 2022June 29, 2022 4 min read Technology & InnovationShoppersOmnichannelInternational - UKMarketing: SocialTwitterCustomer ExperienceOperations & Supply ChainCOVID19Customer ExperienceBrick and MortarPartnershipsDeliveryTrends: TechDept. ApparelRestaurants 0 Saving Bookmark this article Bookmarked
Trends & External Forces Get hype for the first images from NASA’s James Webb Space Telescope Very soon, humanity will get to view the deepest images of the universe that have ever been captured. In two weeks, the $10 billion James Webb Space Telescope (JWST) — NASA’s super expensive, super powerful deep space optical imager — will release its first full-color images, and agency officials today suggested that they could just […] TechCrunch June 29, 2022June 29, 2022 2 min read SustainabilityCOVID19Operations & Supply ChainGovernmentDept. Fuel 0 Saving Bookmark this article Bookmarked
Trends & External Forces Today in Data: Declining Consumer Confidence Today in data, continued inflation and fears of a recession have contributed to a drop in the Consumer Confidence Index. Data $267.2B: Orders last month for manufactured durable goods, a sign that consumers were still spending despite inflation 98.7: The Consumer Confidence Index, down from 103.2 last month, and the lowest level since February 2021 43.2: Decline in […] Written by Pymnts.com June 30, 2022June 30, 2022 Saving Bookmark this article Bookmarked
Trends & External Forces Avoid Five Fatty Fast-Food Flops This Summer, Physicians Warn Shake Shack's Bourbon bacon cheddar burger is the worst of the worst Written by PR Newswire June 30, 2022June 30, 2022 Saving Bookmark this article Bookmarked
Trends & External Forces Walgreens Boots Alliance Reports Fiscal 2022 Third Quarter Results Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced financial results for the third quarter of fiscal 2022, which ended May 31, 2022. Written by BusinessWire - Conference Calls June 30, 2022June 30, 2022 Saving Bookmark this article Bookmarked
Trends & External Forces Q&A with Caper’s Co-Founder: AI and Contact-Free Checkout at Fenway Park This spring, we announced that iconic Fenway Park now offers Caper Counter’s AI-powered, contact-free checkout for fans in partnership with Aramark Sports + Entertainment. With the introduction of Caper Counter, baseball fans, concertgoers and more can now seamlessly access their favorite beverages and snacks – by simply placing items on the Counter where they are […] Written by Instacart News June 29, 2022June 29, 2022 Saving Bookmark this article Bookmarked
Trends & External Forces Your Daily QuickWit (6/29): Top Retail News Yesterday's top retail news and most read stories Written by RetailWit June 29, 2022June 29, 2022 Saving Bookmark this article Bookmarked