Trends & External Forces Insights Show How Social Commerce Strategies Are Capturing Shoppers’ Attention Social commerce is growing quickly, and it could funnel cash to eCommerce brands that use the right strategy. According to a Statista report, sales via social media platforms are forecast to streak to $2.9 trillion by 2026. MikMak March 21, 2023March 21, 2023 < 1 min read ESG and CSRShoppersData & Insightssocial commercePredictions and ForecastsMarketing: SocialStrategy 0 Saving Bookmark this article Bookmarked
Trends & External Forces Here are the Top 5 Companies in Digital Advertising Digital advertising is a global market of eye-watering proportions. No wonder – the internet is often likened to a rabbit hole, giving advertisers ample opportunities to target potential customers with timely, personalized ads. The global market for digital ads was estimated to be at nearly $563.4 billion in 2021 and BCC Research expects it to […] BCC Research March 21, 2023March 21, 2023 < 1 min read Technology & InnovationTargetPredictions and ForecastsMarketing: SocialMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Trends & External Forces Dollar General Plans Major Stores Investment The Wall Street Journal reports that Dollar General “plans to pour an additional $100 million into its stores, primarily in staffing levels, as it looks to attract more bargain-hunting shoppers from rivals. “Chief Executive Jeff Owen said Thursday the investment in additional labor hours looks to build on its continued sales growth and capture market […] MorningNewsBeat March 20, 2023March 20, 2023 < 1 min read Dollar GeneralBrick and MortarResults & InvestmentEconomyShoppersMerchandisingMarketing: In StoreLegal & CriminalExecutivesAssociates 0 Saving Bookmark this article Bookmarked
Trends & External Forces C-Store Chain Tweets Opposition To Anti-Trans Legislation Them, a news site that defines itself as serving and reporting on the LGBTQ+ community, has story saying that “in the face of increasingly draconian anti-trans legislation, some unlikely (or extremely likely, depending on how you see it) allies have emerged.” One of them is the convenience store chain Kum & Go, which “tweeted its […] MorningNewsBeat March 20, 2023March 20, 2023 2 min read InclusivityDept. ApparelGovernmentShoppersPhilanthropyPartnershipsMarketing: SocialESG and CSRData & Insights 0 Saving Bookmark this article Bookmarked
Trends & External Forces Drone Company Focuses On Safe Landing In US CNBC reports that Zipline, which has “flown more than 38 million miles with its autonomous electric delivery drones since the company was founded in 2014,” last week “showed off its next-generation aircraft, which it hopes will make rapid aerial deliveries an everyday convenience for customers throughout the U.S., even in densely populated urban areas.” According […] MorningNewsBeat March 20, 2023March 20, 2023 2 min read Technology & InnovationDeliveryShoppersWeatherConsumersTrends: TechPredictions and ForecastsAmazon 0 Saving Bookmark this article Bookmarked
Trends & External Forces UK Retailer Considers End To 100% Employee Ownership The Guardian reports that the John Lewis retail group in the UK, which is 100 percent employee-owned, “is in the early stages of exploring a plan” that would change the ownership structure of the company as it tries to raise the equivalent of more than $2 billion (US). The money, Bloomberg reports, “would go toward […] MorningNewsBeat March 20, 2023March 20, 2023 < 1 min read International - UKTechnology & InnovationPartnershipsAssociatesLidlShoppersOperations & Supply ChainEconomyData & InsightsBrick and MortarAldi 0 Saving Bookmark this article Bookmarked
Trends & External Forces Worth Reading: “A Sandwich Shop, a Tent City and an American Crisis” The New York Times has a really good piece of journalism that looks at how homelessness, and the crime that often accompanies it, is overwhelming much of urban America, focusing on a small, family-owned sandwich shop in downtown Phoenix. The Times recounts how Joe Faillace, the owner of Old Station Subs, “looked out the window […] MorningNewsBeat March 20, 2023March 20, 2023 2 min read Dept. Fresh PreparedLegal & CriminalHealth & WellnessGovernmentUnileverSustainabilityShoppersRestaurantsESG and CSRCOVID19Associates 0 Saving Bookmark this article Bookmarked
Trends & External Forces Video Forum: Dr. David Carmouche, Walmart Dr. David Carmouche, senior vice president of omnichannel care at Walmart, tells this week’s Video Forum about the company’s plan to double the footprint of its eponymous health centers. He also shares his insights about the evolution of the format since its inception in 2019, how the clinics relate to the Supercenters they adjoin, Walmart’s […] MMR March 20, 2023March 20, 2023 < 1 min read WalmartHealth & WellnessDept. HBCOmnichannelTechnology & InnovationExecutivesData & Insights 0 Saving Bookmark this article Bookmarked
Trends & External Forces Payment Technology Drives Customer Adoption for Restaurants Big and Small It is at the intersection of hand held marketing, mobile devise ordering, and payments that time starved consumers of all ages have become familiar with, accepting, and adopting digital restaurant and foodservice payments. If you are not looking a customer ahead, you are losing ground. According to Steven Johnson Grocerant Guru® at Tacoma, WA […] Grocerant Guru March 20, 2023March 20, 2023 5 min read RestaurantsShoppersAssociatesDept. GroceryTechnology & InnovationData & InsightsMarketing: SocialCustomer ExperienceConsumersDept. DairyCOVID19ConsultingTwitterMeta (Facebook)ESG and CSROperations & Supply ChainStrategyBrick and MortarDept. NonfoodEconomy 0 Saving Bookmark this article Bookmarked
Trends & External Forces Dollar General Commits $100M to Increasing Employee Hours as Labor Competition Continues Dollar General will invest nearly $100 million to increase labor hours for its more than 170,000 store employees in 2023 to enable “consistent store standards while further enhancing the associate and customer experience,” said CEO Jeffrey Owen on the company’s fiscal year 2022 earnings call. The move comes as retailers continue to struggle to attract […] Retail TouchPoints March 20, 2023March 20, 2023 2 min read AssociatesDollar GeneralOperations & Supply ChainCompetitionResults & InvestmentTargetWalmartKrogerExecutivesCustomer ExperienceDeliveryShoppersInstacartAmazonPop UpsInternational - North AmericaDollar TreeMerchandisingMarketing: In StoreHoliday & EventsHealth & Wellness 0 Saving Bookmark this article Bookmarked
Trends & External Forces How LePrix is Using Tech to Advance Luxury Wholesale Retail TouchPoints has been studying and reporting on the evolution of resale for years. Over this time, we’ve seen consumer behaviors shift and demand accelerate, which means retailers have had to rethink the way they research and source “pre-loved” goods. How do they find the right wholesale partners? What are the risks they face while […] Retail Remix Podcast March 20, 2023March 20, 2023 < 1 min read RecommerceTechnology & InnovationMarketing: SocialTwitterData & InsightsPartnershipsTrends: RetailTrends: TechIndustry Conferences and EventsExecutivesESG and CSRDept. Apparelsocial commerceConsumers 0 Saving Bookmark this article Bookmarked
Trends & External Forces Foot Locker to shutter 400 mall-based stores by 2026 As the retailer looks to simplify its business, CEO Mary Dillon also said the company is “revitalizing” its Nike partnership. RetailDive March 20, 2023March 20, 2023 < 1 min read Brick and MortarPredictions and ForecastsPartnershipsExecutivesDept. Apparel 0 Saving Bookmark this article Bookmarked
Trends & External Forces Kylie brings her brand to ProWein Walking the Düsseldorf trade show, Kylie Minogue met with fellow winemakers and hosted tastings for many of the world’s leading wine buyers. To coincide with her birthday on 28th May 2020, Kylie launched Kylie Minogue Wines exclusively with London-based distributor Benchmark Drinks and has since sold eight million bottles. The distributor explained: “With over eight […] Talking Retail March 20, 2023March 20, 2023 < 1 min read Dept. Adult BevDept. BeveragePredictions and ForecastsInternational - UK 0 Saving Bookmark this article Bookmarked
Trends & External Forces Inside H&M’s Strategy to Become a More Sustainable Organization As Total Retail reported last week, H&M launched a resale program in collaboration with thredUP. “H&M Pre-Loved” offers shoppers an easy way to find secondhand pieces for their wardrobes. The new shop also continues the retailer’s sustainability mission of establishing circular business models for itself and customers. To learn more about its new resale program, Total Retail connected with Abigail […] Joe Keenan March 20, 2023March 20, 2023 3 min read RecommerceSustainabilityShoppersDept. ApparelStrategyPricing & PromotionsPredictions and ForecastsInternational - North America 0 Saving Bookmark this article Bookmarked
Trends & External Forces Check out these three tips for building customer loyalty In this time of countless choices and cutthroat competition in the market, customer loyalty might feel fleeting and temporary for some businesses. However, brand loyalty is when customers keep on buying products from a brand again and again despite the presence of competitors offering similar products or services. Customers associate positive sentiments towards some brands […] Retail Technology Innovation Hub March 20, 2023March 20, 2023 3 min read ShoppersMarketing: Loyalty & SubscriptionMarketing: BrandData & InsightsCompetitionTechnology & InnovationRestaurantsConsultingUnileverCoca ColaMarketing: SocialPredictions and ForecastsESG and CSRAssociates 0 Saving Bookmark this article Bookmarked
Trends & External Forces Retail industry’s theft analyses called into question Retailers and law enforcement agree that organized retail theft is a significant problem. How big a problem remains in question as there are currently no independent means to verify industry reports. Home Depot says theft increased in the double digits over the past year. Walgreens said it might have “cried too much” when talking about […] RetailWire March 20, 2023March 20, 2023 < 1 min read Legal & CriminalWalgreensHome Depot 0 Saving Bookmark this article Bookmarked
Trends & External Forces Lawsuit Claims Amazon Failed to Alert NYC Store Customers About Biometric Tracking Amazon is facing a class action lawsuit alleging that the retailer failed to alert Amazon Go customers in New York City that they were being monitored by biometric tracking technology, including facial recognition. The suit states Amazon is in violation of a 2021 law that requires businesses in the city to post signs informing customer […] Retail TouchPoints March 20, 2023March 20, 2023 2 min read AmazonShoppersLegal & CriminalBrick and MortarTechnology & InnovationStore LocationRestaurantsData & InsightsPartnershipsOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Trends & External Forces Do Something There’s a counter-intuitive Buddhist line that has stuck with me: “Don’t just do something, sit there.” It’s particularly useful in times of uncertainty or even panic, when the temptation is to follow the herd, or take action for the sake of taking action. Sometimes the best action to take on a situation is no action […] Tom Fishburne March 19, 2023March 19, 2023 2 min read Fun & HumorTechnology & InnovationAIKellogg'sPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Trends & External Forces REI Names New Chief People Officer, Promotes Merchandising and Private Label Execs REI has hired Apple Musni as its new Chief People Officer, effective March 20, and promoted two executives to leadership positions: Chris Speyer has been named SVP and Chief Merchandising Officer, and Isabelle Portilla has been promoted to VP, Co-op Brands, effective immediately. Musni, most recently VP for Field People Experience and Recruiting at Chipotle, […] Retail TouchPoints March 19, 2023March 19, 2023 2 min read ExecutivesMerchandisingOwned Brands (Private Label)ESG and CSRAssociatesStrategyRestaurantsPredictions and ForecastsInclusivitySustainabilityTargetOperations & Supply ChainPartnershipsShoppersAmazon 0 Saving Bookmark this article Bookmarked
Trends & External Forces Stila appoints new members of advisory board Stila Cosmetics has appointed Daniel Annese and Beth DiNardo to its advisory board. In a statement, the beauty brand said the move will help it to… View Article The Retail Bulletin March 19, 2023March 19, 2023 < 1 min read Dept. HBCHealth & Wellness 0 Saving Bookmark this article Bookmarked
Trends & External Forces Dunkin’ takes Dunkaccino off its drink menu Go into a Dunkin’ store, order a Dunkaccino and you will be out of luck after the drink was pulled from the chain’s menu. “As we focus on innovation and finding new ways to delight guests, we continually evolve our menu in an effort to deliver a fast, frictionless experience,” said a company spokesperson. “The […] RetailWire March 19, 2023March 19, 2023 < 1 min read RestaurantsDept. BeverageTechnology & InnovationPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Trends & External Forces Kwik Trip Growth with a Focus on Hot Spot Food Consumers want grocerant niche Ready-2-Eat and Heat-N-Eat fresh prepared food with full flavor, fresh, and fast according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. Johnson stated, “In every sector of retail foodservice it is grocerant Ready-2-Eat and Heat-N-Eat that consumers are migrating too according to Nielsenand the team at Foodservice […] Grocerant Guru March 18, 2023March 18, 2023 4 min read Dept. GroceryData & InsightsBrick and MortarDept. FreshConsumersDept. BeverageDept. PerimeterDept. DairyDept. BakeryDept. Fresh PreparedOperations & Supply ChainEconomyDeliveryMarketing: SocialInsight ProvidersExecutivesBig DataDept. FuelPricing & PromotionsStore LocationTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Trends & External Forces Serta Simmons Seeks to Improve Inventory and Supply Chain Planning with New Tech Mattress retail conglomerate Serta Simmons Bedding (SSB) — the owner of brands including Serta, Simmons, Beautyrest and Tuft & Needle — is working to transform its supply chain planning capabilities through a new partnership with Blue Yonder. By integrating Blue Yonder’s SaaS-based Integrated Demand and Supply Planning solutions into its existing Advanced Planning System (APS), SSB hopes to improve […] Retail TouchPoints March 18, 2023March 18, 2023 2 min read Technology & InnovationAIOperations & Supply ChainStrategyPartnershipsBankruptcyShoppersResults & InvestmentPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Trends & External Forces Check out these five retail store design tips In today’s digital era, most consumers prefer shopping online, resulting in less retail store foot traffic. However, implementing an effective store design that offers customers better and richer retail experiences can help combat this effect. An excellent retail design combines physical layout, interior décor, and advertising usage within your shop. It can be the difference […] Retail Technology Innovation Hub March 18, 2023March 18, 2023 3 min read ConsumersShoppersData & InsightsStore LocationTechnology & InnovationMarketing: In StoreCustomer ExperienceBrick and MortarTargetMarketing: BrandStrategyPricing & PromotionsPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Trends & External Forces Meet the TRI Q&A: Andrew Neelon Get to know RETHINK Retail’s Top Retail Influencers through the “Meet the TRI” Q&A series! Dive in to learn about a member of the thought leader community and follow their work and insights across our content and their social channels. Hi, I’m Andrew Neelon, Founder & CEO, 1REC. Connect with me on LinkedIn! “Tell us […] Rethink Retail March 18, 2023March 18, 2023 8 min read Technology & InnovationAIResults & InvestmentConsumersMarketing: SocialData & InsightsBrick and MortarReturnsOperations & Supply ChainOmnichannelShoppersStrategyESG and CSRSustainabilityWalmartDept. ApparelAcquisitionAssociatesExecutivesPredictions and ForecastsVendorsConsultingEconomyWarby ParkerDept. HBCGovernmentPodcastsTrends: ConsumerDept. Dairy 0 Saving Bookmark this article Bookmarked
Trends & External Forces FTC wants to know how social sites screen for ad scams The U.S. Federal Trade Commission asked Facebook, Instagram, Pinterest, Snap, TikTok, Twitch, Twitter and YouTube to provide details on how they screen for misleading ads run on their social media sites. “Social media has been a gold mine for scammers who tout sham products and other scams that have cost consumers enormously in recent years,” […] RetailWire March 18, 2023March 18, 2023 < 1 min read Marketing: SocialESG and CSRGovernmentConsumersMeta (Facebook)TwitterTikTok 0 Saving Bookmark this article Bookmarked
Trends & External Forces NH governor calls U.S. TikTok ban impractical New Hampshire Gov. Chris Sununu said that a U.S. ban on TikTok does not seem like a “practical” approach to national security concerns about the video-sharing app. “You have 100 million TikTok users in the country or something,” Mr. Sununu said. “Our job is to make sure folks know that if they’re choosing to use […] RetailWire March 18, 2023March 18, 2023 < 1 min read TikTokMarketing: SocialGovernment 0 Saving Bookmark this article Bookmarked
Trends & External Forces FTC turns to competition about Kroger / Albertsons merger Government agency wants to know everything about how the deal could change the market landscape Supermarket News March 18, 2023March 18, 2023 < 1 min read CompetitionGovernmentMergersKrogerAlbertsons / SafewayPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Trends & External Forces Kroger To Add Autonomous Delivery Vehicles To Dallas Market From the Dallas Morning News: Kroger is about to add another layer of automation to its customers’ online grocery orders filled by robots at its new $55 million fulfillment center in southern Dallas. “California-based Gatik is pitching its autonomous vehicle deliveries as a way for retailers to cut costs and save time in their constant […] MorningNewsBeat March 18, 2023March 18, 2023 < 1 min read KrogerTrends: TechDeliveryBrick and MortarAutonomous Vehicles 0 Saving Bookmark this article Bookmarked
Trends & External Forces Glasgow wants ban on single-use vapes A ban on the sale of single-use vapes is being called for by Glasgow City Council amid growing health and environmental concerns. The city’s trading standards officers have seized more than 13,000 illicit vapes in the last three months. Glasgow’s Environment and Liveable Neighbourhoods Committee is writing to the Scottish government to back calls for […] Talking Retail March 17, 2023March 17, 2023 < 1 min read SustainabilityGovernmentHealth & WellnessESG and CSR 0 Saving Bookmark this article Bookmarked
Trends & External Forces aisle 3 exits the CSS business and uses proceeds to support growth in sneaker category AI powered shopping platform aisle 3 has completed the sale of its Google Comparison Shopping Site (CSS) service to Product Hero. Financial terms of the deal were not disclosed, other than it being all cash. The sale consolidates market share for CSS service provider Product Hero, which works with the likes of Rituals and Ikea. […] Written by Retail Technology Innovation Hub March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked
Trends & External Forces The Daily QuickWit (3/17): The Top Retail News The top retail news and most read stories in commerce. Written by RetailWit March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked
Trends & External Forces Kroger lands deal for self-driving truck deliveries Get ready because the empty truck cabs in motion are coming. Gatik, which is involved in autonomous middle-mile logistics, has announced a multi-year commercial collaboration to transport customer orders within Kroger’s Dallas distribution network. The operations will launch in a few weeks. Under the collaboration, Gatik’s medium-duty autonomous box trucks will transport fresh, customer-favorite products from […] Written by Supermarket News March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked
Trends & External Forces Albertsons Redesigns and Expands Open Nature Own Label Line Albertsons yesterday unveiled what it said was “the redesign of its Open Nature brand as the company strives to become the brand of choice for those health-conscious shoppers seeking a more balanced lifestyle. Open Nature, which is part of Albertsons Cos. Own Brands portfolio, provides shoppers with tasty foods made with thoughtfully chosen ingredients that […] Written by MorningNewsBeat March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked
Trends & External Forces Dollar General investing $100M in its stores, with a focus on boosting labor Dive Brief: Dollar General posted net sales of $10.2 billion during the fourth quarter of 2022, a figure that was up 17.9% compared with the same period in 2021, the discount retail chain reported Thursday. Comparable-store sales rose 5.7% year-over-year in Q4, while operating profit was up 17.1%. CEO Jeff Owen said Dollar General intends to invest about […] Written by Grocery Dive March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked