Trends & External Forces Walmart Accelerates Clean Energy Commitments with Projects Generating Nearly 1 GW Walmart is moving closer to its pledge of enabling 10 gigawatts (GW) of clean, renewable energy by 2030 — enough electricity to power 2 million households — with new commitments that will generate nearly 1 GW of electricity. These investments will add to Walmart’s existing portfolio, which consists of 600+ onsite and offsite renewable energy […] Retail TouchPoints March 27, 2024March 27, 2024 < 1 min read SustainabilityWalmartPredictions and ForecastsMarketing: Social MediaConsumersESG and CSRDept. PerimeterDept. Fresh 0 Saving Bookmark this article Bookmarked
Trends & External Forces Co-op rolls out member prices via its own online shop, matching UK retailer’s in-store offering Co-op reports that it is now offering the same member price benefits online for its member-owners as it does in-store. Member prices are across more than 300 key lines and everyday essentials, with branded and own-branded items including: Co-op 800g loaf (£0.76p); whole cucumber (£0.80p) ; six salad tomatoes (£0.85p); six medium free-range eggs (£1.40); […] Retail Technology Innovation Hub March 27, 2024March 27, 2024 2 min read Data & InsightsMarketing: In StoreInternational - UKDeliveryPredictions and ForecastsTrends: TechShoppersQ CommercePartnershipsBrick and MortarPricing & PromotionsPress ReleaseDept. GroceryMarketing: Social MediaMarketing: Loyalty & SubscriptionFood DeliveryDept. DairyUbereatsAmazon 0 Saving Bookmark this article Bookmarked
Trends & External Forces Visa and Mastercard Reach $30B Settlement To Lower Merchant Fees In a significant move aimed at addressing longstanding antitrust concerns, credit card companies Visa and Mastercard, along with associated banks, have reached a monumental $30 billion settlement. RetailWire March 27, 2024March 27, 2024 < 1 min read Legal & CriminalGovernment 0 Saving Bookmark this article Bookmarked
Trends & External Forces 4 marketing headwinds to watch as election season heats up Strained budgets and a “chaotic environment for consumer trust” were top challenges identified by Forrester, which urged marketers to be proactive. MarketingDive March 27, 2024March 27, 2024 < 1 min read GovernmentSustainabilityConsumers 0 Saving Bookmark this article Bookmarked
Trends & External Forces How Retail Employees can Feel Safe to Learn Without Risk to Personal Brand With so many shifts in the market, the pressure is on to upskill your workforce. However, there is a balance between getting employees up to speed quickly and effectively while also fostering open communication and confidence. The retail industry can benefit from adopting new ways of allowing employees to train safely, creating a path to […] Retail TouchPoints March 27, 2024March 27, 2024 5 min read Technology & InnovationAIShoppersAssociatesGamingPredictions and ForecastsInternationalCustomer ExperienceSustainabilityMarketing: UGCLidlMarketing: Social MediaDeliveryDept. NonfoodESG and CSRInternational - UKInsight ProvidersStrategyRestaurantsConsumersPartnershipsAlimentation Couche-TardCircle KData & InsightsTrends: Retail 0 Saving Bookmark this article Bookmarked
Trends & External Forces Food Lion hits sustainability milestone SALISBURY, N.C — For the 23rd consecutive year, Food Lion has earned the ENERGY STAR Partner of the Year Award from the U.S. Environmental Protection Agency and the U.S. Department of Energy. The omnichannel grocery retailer is the only company in the nation to receive the distinctive honor for 23 years. The U.S. Environmental Protection […] MMR March 27, 2024March 27, 2024 2 min read SustainabilityDept. GroceryRegional GroceryAhold DelhaizeBrick and MortarPredictions and ForecastsESG and CSROmnichannelStrategyPartnershipsMarketing: BrandHealth & WellnessDept. Fuel 0 Saving Bookmark this article Bookmarked
Trends & External Forces First Quality promotes Allen Bodford GREAT NECK, N.Y. — First Quality announced it has named Allen Bodford as president of its Absorbent Hygiene division, effective immediately. The division produces adult incontinence products, baby diapers, training and youth pants, period pads and baby wipes for health care and retail channels. The division’s operations include four manufacturing locations across the United States […] MMR March 27, 2024March 27, 2024 < 1 min read ExecutivesOperations & Supply ChainConsumersResults & InvestmentPredictions and ForecastsInternational - North AmericaHealth & WellnessDivestituresDept. HBCDept. BabyDept. Apparel 0 Saving Bookmark this article Bookmarked
Trends & External Forces Marketing Brand Relevance Subway’s Way Renew, Refresh, and Revive the undercurrent of brand excitement is but one of the goals Subway is undertaken with its partnership with T. Marzetti Co. to sell their popular sauces in grocery stores according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. Here a few potential benefits to Subway: 1. Increased brand […] Grocerant Guru March 27, 2024March 27, 2024 4 min read RestaurantsDept. GroceryData & InsightsDept. FreshShoppersConsumersPartnershipsTechnology & InnovationPredictions and ForecastsBrick and MortarDept. PerimeterMarketing: Social MediaCustomer ExperienceAIKrogerTrends: TechPricing & PromotionsPepsiCoOperations & Supply ChainDeliveryHealth & WellnessMarketing: Loyalty & SubscriptionDept. Fresh PreparedAssociatesWalmartDept. ApparelExecutives 0 Saving Bookmark this article Bookmarked
Trends & External Forces 10 Key Players in the Global Insulin Pen Market You Should Know Insulin pens are growing in popularity with the passage of time as the world has been witnessing an exponential surge in diabetes. From their inception as relatively basic delivery devices, insulin pens have undergone a substantial transformation, becoming highly advanced and user-friendly tools. These pens provide a practical, discreet, and accurate method of delivering insulin, […] BCC Research March 27, 2024March 27, 2024 < 1 min read Health & WellnessDeliveryMarketing: Social MediaDept. Nonfood 0 Saving Bookmark this article Bookmarked
Trends & External Forces ISRG, BSX, and SWAV Research Launch Webcast Join YipitData Product Expert Manager, Katie Tang, and Sr Research Analyst, Steve Tao, on Thursday, April 4th at 1PM ET for a deep-dive into our new MedTech Research coverage. The team will discuss: ISRG: Notable trends in I&A revenue and procedure volumes BSX: Watchman sales and the ramp of the new POLARx and Farapulse SWAV: […] 0 Author Missing March 27, 2024March 27, 2024 < 1 min read Data & InsightsTechnology & InnovationMondelezPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Trends & External Forces How Maesa’s Beauty Brands Are Cultivating Social Audiences While at Shoptalk in Las Vegas last week, Editor-in-Chief Joe Keenan spoke with Oshiya Savur, chief brand and marketing officer at Maesa, creator and manufacturer of exclusive beauty products sold through brands such as Kristin Ess, Hairitage by Mindy McKnight, Flower by Drew, among others. Savur provides an overview of the Maesa business, discusses her […] 0 Author Missing March 27, 2024March 27, 2024 < 1 min read Dept. HBCIndustry Conferences and EventsESG and CSRPartnershipsPricing & PromotionsPredictions and ForecastsMarketing: Social MediaInclusivityData & Insights 0 Saving Bookmark this article Bookmarked
Trends & External Forces Canada Goose to Cut 17% of its Corporate Workforce Canada Goose said Tuesday that it will cut about 17 percent of its corporate workforce, reports CNBC. This announcement follows a string of other retailers that have laid off employees this year as consumers continue to pull back on discretionary spending. The cuts will affect staff at Canada Goose’s corporate headquarters in Toronto, which had […] 0 Author Missing March 27, 2024March 27, 2024 < 1 min read International - North AmericaAssociatesDept. ApparelDept. Toys & GamesConsumersShoppersPredictions and ForecastsExecutivesDept. NonfoodDept. Fuel 0 Saving Bookmark this article Bookmarked
Trends & External Forces Bobby’s introduces Mega Sour Spray Bobby’s Foods has unveiled its latest product launch, the Mega Sour Spray Can, that aims to shake up the confectionery aisle with its distinctive design and flavours. With each shake of the Mega Sour Spray Can it emits the sound of a spray paint can.… This story continues at Bobby’s introduces Mega Sour Spray […] Talking Retail March 26, 2024March 26, 2024 < 1 min read Dept. BakeryPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Trends & External Forces Early Easter boosts March sales Take-home grocery sales rose by 4.6% over the four weeks to 17 March, with an early Easter boosting sales of seasonal treats in the first three months of 2024 by £88m compared with the same period last year, according to marketing data and analytics company… This story continues at Early Easter boosts March sales Or […] Talking Retail March 26, 2024March 26, 2024 < 1 min read Holiday & EventsPredictions and ForecastsData & Insights 0 Saving Bookmark this article Bookmarked
Trends & External Forces PayPoint and Switchee enable in-store energy credit top ups for those at risk of fuel poverty PayPoint has announced a new partnership with Switchee, a data and insights company, which will allow residents to use their cash and energy credit vouchers to top up their energy credit in PayPoint stores. According to Switchee’s Housing Fuel Poverty Index, one in seven social… This story continues at PayPoint and Switchee enable in-store energy […] Talking Retail March 26, 2024March 26, 2024 < 1 min read SustainabilityDept. FuelMarketing: In StoreDeliveryData & InsightsPredictions and ForecastsPartnershipsESG and CSRBrick and Mortar 0 Saving Bookmark this article Bookmarked
Trends & External Forces Scotland retailer’s rates to rise by £31m Shops in Scotland will see their annual business rates bills rise by £31m from next week. It follows the decision in the Scottish government’s budget to increase the business rate for firms occupying 22,120 medium-sized and larger commercial premises by 6.7% in 2024-25. This is… This story continues at Scotland retailer’s rates to rise by […] Talking Retail March 26, 2024March 26, 2024 < 1 min read Predictions and ForecastsGovernmentMarketing: Social Media 0 Saving Bookmark this article Bookmarked
Trends & External Forces Fisker Shares Suspended as EV Company Navigates Turbulent Future Fisker, an electric vehicle start-up based in California, halted shares just after the company alerted investors in its earnings report in March that it might not have money to make it through the year. RetailWire March 26, 2024March 26, 2024 < 1 min read Predictions and ForecastsResults & InvestmentStart Ups 0 Saving Bookmark this article Bookmarked
Trends & External Forces Ad budgets for games are growing for 40% of marketers, per IAB report In-game ad spending is expected to grow from $8.53 billion in 2024 to $11.49 billion by 2027 as the space remains a top area of interest for marketers. MarketingDive March 26, 2024March 26, 2024 < 1 min read Dept. Toys & GamesDept. NonfoodPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Trends & External Forces Wegmans to Close Stores (Briefly) for Solar Eclipse Viewing Wegmans doesn’t want its employees (or its customers for that matter) to miss what will be the last total solar eclipse visible from North America for 20 years. The supermarket retailer will close 48 stores in upstate New York and Pennsylvania that are located in the “path of totality” from 3 to 3:30 p.m. ET […] Retail TouchPoints March 26, 2024March 26, 2024 < 1 min read WegmansMars Inc.Regional GroceryBrick and MortarAssociatesWalmartMarketing: Social MediaWarby ParkerPricing & PromotionsPredictions and ForecastsDept. PharmacyDeliveryBOPIS 0 Saving Bookmark this article Bookmarked
Trends & External Forces Merchants group criticizes proposed ‘swipe’ fee settlement WASHINGTON – A proposed agreement that would reduce “swipe” fees that retailers pay each time a shopper pays with a Visa or Mastercard is “a bad deal for merchants,” according to the Merchants Payments Coalition (MPC), a lobbying group advocating for a more competitive and transparent card system. The coalition is expressing its disappointment with […] MMR March 26, 2024March 26, 2024 2 min read CompetitionGovernmentExecutivesConsumersShoppersLegal & CriminalData & InsightsAssociates 0 Saving Bookmark this article Bookmarked
Trends & External Forces BrXnd Marketing X AI Conference Unveils Initial Speakers and Airtable as Title Sponsor NEW YORK, NY — BrXnd, a leading organization at the intersection of marketing and AI, is pleased to announce the initial lineup of speakers and sponsors for the highly anticipated 2024 BrXnd Marketing X AI Conference, set to take place on May 8 in New York City. Founded in 2022, BrXnd is dedicated to bridging […] Bigtechnology March 26, 2024March 26, 2024 3 min read Technology & InnovationAIPredictions and ForecastsData & InsightsExecutivesColgate-PalmoliveOperations & Supply ChainConsultingDept. NonfoodPartnershipsStrategyDept. Natural / Organic 0 Saving Bookmark this article Bookmarked
Trends & External Forces AI’s role in innovation expanding rapidly The use of AI in ingredient and product development was a prominent theme at the Future Food Tech conference. Food Business News March 26, 2024March 26, 2024 < 1 min read Technology & InnovationAITrends: Food and BeveragePredictions and ForecastsDept. Grocery 0 Saving Bookmark this article Bookmarked
Trends & External Forces NGA urges Congress to scrutinize grocery supply chain disruptions A new FTC report claiming large grocers used their size to consolidate market power prompted the trade group to call for hearings on Capitol Hill. Grocery Dive March 26, 2024March 26, 2024 < 1 min read GovernmentOperations & Supply ChainIndustry Conferences and Events 0 Saving Bookmark this article Bookmarked
Trends & External Forces Lalo secures equity investment round The round, led by consumer venture group Forecast Labs, will be used to boost sales and explore growth opportunities in retail. RetailDive March 26, 2024March 26, 2024 < 1 min read Results & InvestmentPredictions and ForecastsConsumers 0 Saving Bookmark this article Bookmarked
Trends & External Forces Charted: Car Brand Loyalty in 2024 See this visualization first on the Voronoi app. Car Brand Loyalty in 2024 This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. This graphic visualizes the best and worst car brands in terms of brand loyalty. […] Visual Capitalist March 26, 2024March 26, 2024 3 min read Predictions and ForecastsMarketing: Loyalty & SubscriptionDept. NonfoodData & InsightsConsumersThick DataGoogleExecutives 0 Saving Bookmark this article Bookmarked
Trends & External Forces Top Trends in the E-cigarette Industry: An In-depth Market Overview The e-cigarette industry, also known as the vaping industry, has witnessed exponential growth and transformation in recent years. Fueled by the desire for alternatives to traditional tobacco products, e-cigarettes have gained widespread popularity, especially among younger demographics. The industry has been marked by innovation, with various devices, flavors, and delivery systems constantly emerging. The industry […] BCC Research March 26, 2024March 26, 2024 < 1 min read Technology & InnovationPredictions and ForecastsDept. BeverageMarketing: Social MediaDept. GroceryDelivery 0 Saving Bookmark this article Bookmarked
Trends & External Forces The Power of Storytelling to Increase Retail Market Share In the world of retail, storytelling emerges not just as a method of engagement but as a potent strategy to captivate buyers and significantly influence their purchasing decisions. The essence of storytelling transcends mere facts, harnessing a narrative-driven approach to forge a deeper connection with the audience and their strategy. When brands adeptly intertwine storytelling […] Wiser Retail Strategies March 26, 2024March 26, 2024 2 min read Data & InsightsShoppersStrategyMerchandisingDept. NonfoodCompetitionTrends: RetailTargetPredictions and ForecastsMarketing: Loyalty & SubscriptionMarketing: In Store 0 Saving Bookmark this article Bookmarked
Trends & External Forces Driving Revenue in the Digital Age: Mastering Live-Selling Live-selling has emerged as a powerful tool within the social commerce realm, where it offers brands an opportunity to boost sales while establishing authentic connections with their audience. Last year, the livestream e-commerce market reached $31.7 billion, nearly triple its size in 2021. That market is expected to more than double by 2026 to $67.8 billion, […] TotalRetail March 26, 2024March 26, 2024 3 min read ESG and CSRData & InsightsStreamingSustainabilitysocial commerceShoppersPredictions and ForecastsInclusivityConsultingPricing & PromotionsMarketing: Digital MediaDept. ApparelStrategyStore LocationDeliveryMarketing: Social MediaDept. Natural / OrganicDept. GroceryTikTok 0 Saving Bookmark this article Bookmarked
Trends & External Forces Common Mistakes to Avoid in In-Store Audits In-store audits are an essential part of the retail industry, as they help ensure product manufacturers that their products are displayed correctly in-store. However, it is also a process that can be prone to mistakes if not done properly. As such, knowing the common errors that may arise during an in-store audit can help you […] Retail Bound March 26, 2024March 26, 2024 3 min read Marketing: In StoreOperations & Supply ChainConsumersSustainabilityPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Trends & External Forces Drug Channels News Roundup, March 2024: My $0.02 of CarelonRx/Kroger & CVS, Provider-Owned Pharmacies, Shady AFPs, 340B Deception, and Lilly’s GLP-1 Ad It’s finally spring in Philadelphia, home of Drug Channels. Along with sunshine and fine weather, the vernal equinox has ushered in a crop of new and noteworthy stories: What the CarelonRx/Kroger specialty pharmacy deal means for CVS Health Provider-owned specialty pharmacies expand in Medicare Payers are not keen on shady alternative funding programs (AFP) Hospitals’ […] Drug Channels March 26, 2024March 26, 2024 2 min read Predictions and ForecastsMarketing: Social MediaCVSKrogerData & InsightsWeatherMeta (Facebook)KraftHeinzHealth & WellnessEconomyDept. Pharmacy 0 Saving Bookmark this article Bookmarked
Trends & External Forces Charted: Car Brand Loyalty in 2024 See this visualization first on the Voronoi app. Car Brand Loyalty in 2024 This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. This graphic visualizes the best and worst car brands in terms of brand loyalty. […] Written by Visual Capitalist March 26, 2024March 26, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces Key Takeaways From Shoptalk Spring 2024 Shoptalk always brings the best and brightest minds of the industry together for four days packed with insights, networking opportunities, trend predictions and so much more. This year, the spring event in Las Vegas was no exception. But like many other major industry events, Shoptalk can feel like you’re sprinting a marathon — there’s so […] Written by TotalRetail March 25, 2024March 26, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces Nike Pivots, Embraces Wholesale Once Again Amid faltering demand for shoes and clothing as well as slipping digital sales, Nike Inc. said last week that it will bank a lot more on the thing it has spent the past several years turning away from: other retailers. Executives discussed those plans on Nike’s earnings call, during which it announced that while fiscal […] Written by TotalRetail March 25, 2024March 26, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces Retail Leaders Weigh in on the FTC’s Proposed Updates to the Green Guides The Federal Trade Commission (“FTC”) is set to release an updated version of its Guides for the Use of Environmental Marketing Claims this year. These “Green Guides” — which haven’t been updated in over a decade — do not have the force of law but provide marketers with guidance on how to make properly substantiated […] Written by TotalRetail March 25, 2024March 26, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces Kroger SWOT Analysis 2024 The Cincinnati superstar is the largest traditional supermarket company in the U.S. Although Kroger has served Americans since 1883, its essence is remarkably modern. Written by Lisa Goller March 21, 2024March 21, 2024 Saving Bookmark this article Bookmarked