Merchandising Post-Holiday Sales Are Down: What Can Retailers Do to Win the 2024 Season? While retailers typically put a significant emphasis on post-holiday sales, they didn’t resonate with shoppers after the 2023 holiday season. During the week after Christmas, year-over-year sales were down across the board, with only computer software sales seeing an increase from 2022. Department stores, cosmetics stores and clothing stores saw some of the largest declines, […] Jonathan Silver March 19, 2024March 19, 2024 4 min read ConsumersHoliday & EventsMarketing: TradeHealth & WellnessPredictions and ForecastsPricing & PromotionsOperations & Supply ChainShoppersBrick and MortarAmazonDept. NonfoodData & InsightsDept. ApparelESG and CSRTechnology & InnovationConsultingDept. FuelDept. HBCTrends: ShoppingDept. Toys & GamesExecutivesMarketing: Loyalty & SubscriptionMarketing: Social MediaResults & Investment 0 Saving Bookmark this article Bookmarked
Merchandising Harnessing QR codes on social networks In today’s digital age, where social media platforms like TikTok and Facebook reign supreme, businesses are constantly seeking innovative ways to stand out and connect with their target audience. One such method gaining traction is the strategic utilisation of QR codes within these social networks. By integrating TikTok QR code into marketing strategies, businesses can […] Retail Technology Innovation Hub March 18, 2024March 18, 2024 4 min read Marketing: Social MediaTikTokMeta (Facebook)ESG and CSRData & InsightsConsumersPricing & PromotionsMarketing: TradeTechnology & InnovationMarketing: Loyalty & SubscriptionPredictions and ForecastsCompetitionDept. NonfoodTargetShoppersDept. Natural / OrganicCustomer ExperienceTrends: MarketingMarketing: In StoreStore LocationHealth & Wellness 0 Saving Bookmark this article Bookmarked
Merchandising Nordstrom Rack merchandising exec leaving after 2 years Nancy Mair arrived amid a leadership shakeup at its off-price business that continued into last September with the appointment of a new president. RetailDive March 18, 2024March 18, 2024 < 1 min read MerchandisingExecutives 0 Saving Bookmark this article Bookmarked
Merchandising Your Views: “Kick Them To The Curb” On Friday, we reported: In Connecticut, the Trumbull Patch reports that “a petition calling for enhanced equipment and improved conditions at a Stop and Shop grocery store in Trumbull has garnered more than 400 signatures as of Thursday night. “The petition, titled ‘Enhance Equipment and Conditions at Stop & Shop Trumbull CT,’ was launched earlier […] MorningNewsBeat March 18, 2024March 18, 2024 4 min read Ahold DelhaizeShoppersBrick and MortarPredictions and ForecastsStore LocationWegmansConsumersCustomer ExperienceRegional GroceryBOPISPricing & PromotionsRecommerceSustainabilityTechnology & InnovationWakefernESG and CSR 0 Saving Bookmark this article Bookmarked
Merchandising Speak the CFO’s Language To Grow Digital Shelf Investments DSI “A lot of business cases, they depend on internal efficiency gains. But if you don’t measure this … then it will never lead to project success or success on the digital shelf … Have a measuring mindset.” — Ilse Goverts-van Kesteren, Lead Business Consultant, Wunderman Thompson When Wunderman Thompson asked […] Digital Shelf Institute March 18, 2024March 18, 2024 10 min read MerchandisingResults & InvestmentData & InsightsExecutivesConsumersPodcastsTargetMarketing: Social MediaPartnershipsReturnsKrogerPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Merchandising Gen AI and Retail: How the Industry is Harnessing Disruptive Transformation Generative artificial intelligence (Gen AI) is spurring organizations across different sectors to fundamentally reimagine their approach to digital transformation. Nowhere is its disruptive potential more evident than in retail, where Gen AI’s ever-increasing capabilities are powering a new age of customer-centric innovation. Retailers are exploring use cases across a wide range of functions, from new […] Sanjay Jain March 18, 2024March 18, 2024 3 min read Technology & InnovationAIData & InsightsShoppersMarketing: Direct & PersonalizationThick DataPartnershipsPredictions and ForecastsDept. FuelMarketing: In StoreOperations & Supply ChainPricing & Promotions 0 Saving Bookmark this article Bookmarked
Merchandising Utilizing the External Data Boom for Digital Shelf Optimization Publications about marketing often invoke the comparison of a digital shelf with a physical one. After all, a digital shelf displays your products for the customer to browse, just like a shelf in a brick-and-mortar store would. This comparison, however, has its limits. While customers come to browse the physical shelf, your digital shelf goes […] Retail TouchPoints March 16, 2024March 16, 2024 5 min read Data & InsightsMerchandisingShoppersTechnology & InnovationAICompetitionPredictions and ForecastsDept. NonfoodOperations & Supply ChainMarketing: Social MediaBig DataCustomer ExperienceMarketing: In StoreStore LocationESG and CSRTargetMarketing: UGCGoogleAmazonThick Data 0 Saving Bookmark this article Bookmarked
Merchandising Foodservice Solutions® Top Six Reasons Consumer Buy Prepared Meals Consumers are dynamic not static according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. So, the question becomes just why are consumers in 2024 time-starved? Ok, let’s see a few reasons: · Busy Lives: The juggle of work, family, and personal commitments continue to be a major time drain. · Economic Factors: With […] Grocerant Guru March 16, 2024March 16, 2024 3 min read ConsumersDept. GroceryData & InsightsTechnology & InnovationMarketing: Social MediaAIDept. FreshBrick and MortarDept. PerimeterTwitterEconomyDept. Fresh PreparedMeta (Facebook)COVID19DeliveryESG and CSRDept. NonfoodHealth & WellnessInclusivityPredictions and ForecastsPricing & PromotionsRestaurantsShoppersUnilever 0 Saving Bookmark this article Bookmarked
Merchandising Ulta Beauty Plans 2025 Expansion to Mexico Ulta Beauty, which posted strong financial results for 2023, will move into Mexico next year as part of a joint venture with global brands operator Axo. The retailer’s $11.2 billion in net sales for FY 2023, which ended Feb. 3, 2024, was 9.8% higher than the previous year, fueled by a comparable sales rise of […] Retail TouchPoints March 16, 2024March 16, 2024 < 1 min read Technology & InnovationDept. HBCPredictions and ForecastsInternational - North AmericaMarketing: Loyalty & SubscriptionMarketing: In StoreMarketing: Social MediaResults & InvestmentExecutivesHoliday & EventsShoppersStore LocationMerchandisingBrick and Mortar 0 Saving Bookmark this article Bookmarked
Merchandising The Weekly Closeout: Dollar Tree to add $7 items and Bath & Body Works teams up with Netflix The dollar store is expanding its multiprice assortment, while the personal care retailer debuted a “Bridgerton” collection as part of a yearlong partnership. RetailDive March 16, 2024March 16, 2024 < 1 min read StreamingDollar TreeMerchandisingPartnerships 0 Saving Bookmark this article Bookmarked
Merchandising The Four Key Factors to Evaluate When Insourcing vs. Outsourcing Patient Support Programs Today’s guest post comes from Josh Marsh, Vice President and General Manager of Sonexus™ Access and Patient Support at Cardinal Health. Josh discusses factors that drive manufacturers to insource versus outsource patient support services. He shares data from a Cardinal Health survey of biopharmaceutical companies and offers four factors to consider when evaluating your patient […] Drug Channels March 15, 2024March 15, 2024 2 min read Data & InsightsHealth & WellnessMarketing: Social MediaThick DataPredictions and ForecastsSponsoredShoppersPricing & PromotionsMeta (Facebook) 0 Saving Bookmark this article Bookmarked
Merchandising Five Iron Golf’s Beverage Partnership is Branding Coup Five Iron Golf, the nation’s leading indoor golf and entertainment space that is consumer focused, interactive, participatory and selling both food and beverage recently announced a partnership with Rehab Monster proving you don’t have to have 100 plus locations to garner marketing partnerships that drive new electricity. Now according to Steven Johnson Grocerant Guru® […] Grocerant Guru March 15, 2024March 15, 2024 4 min read SustainabilityDept. BeverageMarketing: Social MediaDept. GroceryData & InsightsPartnershipsESG and CSRMeta (Facebook)Dept. FreshTechnology & InnovationRestaurantsMarketing: BrandTwitterDept. PerimeterAIExecutivesInternationalConsumersTrends: TechDeliveryDept. ApparelMarketing: BroadcastOperations & Supply ChainPricing & Promotions 0 Saving Bookmark this article Bookmarked
Merchandising PCC Community Markets hires former Whole Foods exec David Spear Spear will act as VP of merchandising, promotions, and sourcing Supermarket News March 15, 2024March 15, 2024 < 1 min read Whole FoodsRegional GroceryExecutivesMerchandisingMarketing: Trade 0 Saving Bookmark this article Bookmarked
Merchandising Impossible Foods has always claimed to bleed red, now its label will The plant-based pioneer announced new packaging at Natural Products Expo West to attract more meat lovers to its burgers, sausages and chicken. RetailDive March 15, 2024March 15, 2024 < 1 min read PackagingTrends: Food and BeverageIndustry Conferences and EventsHealth & WellnessDept. Natural / OrganicDept. Fresh 0 Saving Bookmark this article Bookmarked
Merchandising FaceTime with the Content Guy: Bet The Over At this point, Amazon’s Just-Walk-Out technology is being used in more non-Amazon stores than Amazon stores. Which, I would speculate, offers a clue toward its future intentions. The post FaceTime with the Content Guy: Bet The Over appeared first on MNB. MorningNewsBeat March 14, 2024March 14, 2024 < 1 min read AmazonMarketing: Social MediaBrick and MortarPredictions and ForecastsTechnology & InnovationPricing & Promotions 0 Saving Bookmark this article Bookmarked
Merchandising Retail’s Great Balancing Act and Why Crowdsourcing is Key Consumers want convenience, personalization and value — it’s what pushed the U.S. retail market to a record $5.13 trillion in 2023. As inflation subsides, what shoppers want and how they spend will keep playing a big role in how the market evolves. Retailers need to keep pace with a more connected, savvy and discerning customer […] Dennis Moon March 14, 2024March 14, 2024 3 min read ShoppersConsumersDeliveryTechnology & InnovationOmnichannelOperations & Supply ChainConsultingData & InsightsMarketing: Direct & PersonalizationEconomyReturnsWhole FoodsCompetitionHoliday & EventsMarketing: Loyalty & SubscriptionCOVID19ExecutivesInclusivityBrick and MortarMarketing: In StorePricing & PromotionsResults & InvestmentESG and CSRAmazon 0 Saving Bookmark this article Bookmarked
Merchandising Why a Successful Retail Data Migration Requires a Data-First Approach Large retailers are under constant pressure to keep up with new and ever-changing customer demands. At the same time, they’re also grappling with sometimes volatile global supply chains and massive amounts of data — everything from sales and inventory data to pricing and customer insights. It’s a significant undertaking. As more organizations continue their digital […] Jason Thompson March 14, 2024March 14, 2024 4 min read Data & InsightsOperations & Supply ChainShoppersVendorsBrick and MortarSustainabilityCustomer ExperienceAITechnology & InnovationBig DataConsultingConsumersExecutivesMerchandisingPredictions and ForecastsStrategy 0 Saving Bookmark this article Bookmarked
Merchandising Protecting Your Ideas and Designs as a Product Startup As a product startup, one of your most valuable assets is your intellectual property. This includes any original ideas, designs, or branding elements that set your products apart from others in the market. Without proper protection, these assets are vulnerable to being copied or used by competitors without your permission. In this blog post, we […] Retail Bound March 14, 2024March 14, 2024 3 min read GovernmentPackagingMarketing: BrandStrategyMarketing: In StoreLegal & Criminal 0 Saving Bookmark this article Bookmarked
Merchandising Frontier Airlines Offers Upfront Plus Seating With a Guaranteed Middle Seat Frontier Airlines is offering Upfront Plus seating as a new incentive. This upgraded seating option provides passengers extra space and comfort in the first two rows of the aircraft. RetailWire March 14, 2024March 14, 2024 < 1 min read Pricing & PromotionsUnilever 0 Saving Bookmark this article Bookmarked
Merchandising Dollar Tree To Close 1,000 Stores Dollar Tree said yesterday that it will close 1,000 stores – most of them Family Dollar units – over the next few years, a decision that Axios describes as “a reversal of the retailer’s rapid expansion, which included its 2015 acquisition of Family Dollar.” Six hundred Family Dollar stores are slated to close before the […] MorningNewsBeat March 14, 2024March 14, 2024 2 min read Brick and MortarDollar TreeFamily DollarExecutivesGovernmentOperations & Supply ChainAldiShoppersRegional GroceryAcquisitionSustainabilityDept. GroceryDept. PetMerchandisingPredictions and ForecastsStrategy 0 Saving Bookmark this article Bookmarked
Merchandising Long-Term Theme: Instacart Deep Dive Alternative data can help investors increase conviction around unit economics, competition, and strategic initiatives for their long term holdings. Our Instacart (CART) research is a perfect example of differentiated granularity into fees, competition and SNAP benefit usage on the platform. Average Discount as % of AOV (pre-discount) Average Fees as % of AOV (pre-discount) Our […] 0 Author Missing March 14, 2024March 14, 2024 2 min read InstacartData & InsightsDeliveryCompetitionWalmartRegional GroceryAlbertsons / SafewayResults & InvestmentPricing & PromotionsMarketing: TradeTechnology & InnovationConsumersAldiDept. GroceryDoorDashExecutivesPredictions and ForecastsFood Delivery 0 Saving Bookmark this article Bookmarked
Merchandising Claire’s to launch displays in thousands of Walgreens stores The pharmacy chain retailer is diversifying its product assortment amid declining U.S. retail sales. RetailDive March 13, 2024March 13, 2024 < 1 min read WalgreensBrick and MortarDept. PharmacyMerchandising 0 Saving Bookmark this article Bookmarked
Merchandising Maximizing Your Trade Show Success: A Post-Exhibition Game Plan for CPG Brands Expo West begins today, and for the next few days many brands will experience a whirlwind of networking, handing out samples, schmoozing at after-hours events, and starting potential business deals. Once it all wraps up, though, now what? Well, then it’s time to turn that momentum into tangible success. You’ve invested time, money, and energy […] RangeMe March 13, 2024March 13, 2024 4 min read MerchandisingSustainabilityVendorsPredictions and ForecastsMarketing: Social MediaAssociatesShoppersOperations & Supply ChainDeliveryPop UpsData & InsightsIndustry Conferences and EventsDivestituresPricing & Promotions 0 Saving Bookmark this article Bookmarked
Merchandising Dollar Tree to Close 600 Family Dollar Stores by August, Another 400 as Leases Expire Dollar Tree Inc. will shutter approximately 600 Family Dollar stores in the first half of its 2024 fiscal year, which began Feb. 4, 2024. The discount retailer also plans to close an additional 370 Family Dollar stores and 30 Dollar Tree locations over the next several years as each store’s current lease expires. The retailer […] Retail TouchPoints March 13, 2024March 13, 2024 2 min read Brick and MortarDollar TreeFamily DollarPredictions and ForecastsRegional GroceryOperations & Supply ChainMarketing: Social MediaAldiExecutivesWarby ParkerTractor Supply CompanyMerchandising 0 Saving Bookmark this article Bookmarked
Merchandising Affordable Last Mile Groceries Delivery with Buncha’s Bharat Pulgam The CPG Guys are joined in this episodee by Bharat Pulgam, Founder & CEO of Buncha, a last-mile technology company that uses W2 shoppers and refrigerated vehiclesto provide best in class service. With a unique batching system, Buncha is able to work with retailers to maximize deliveries in a reliable and efficient manner. What sets […] The CPG Guys March 13, 2024March 13, 2024 2 min read DeliveryMarketing: Social MediaPodcastsShoppersDept. RefrigeratedTechnology & InnovationAssociatesCustomer ExperienceConsumersDept. FuelCOVID19MerchandisingPartnershipsPredictions and ForecastsResults & InvestmentSponsoredSustainabilityExecutives 0 Saving Bookmark this article Bookmarked
Merchandising Hand Held Food for Immediate Consumption Will Drive Casey’s General Stores Growth At the intersection of consumers trends, pizza delivery success, and branded line extensions Casey’s General Stores have added new hand-held food menu items for immediate consumption is a perfect fit Edifying its consumer focused grocerant niche Ready-2-Eat and Heat-N-Eat fresh prepared menu in the minds-eye of the consumer, according to Steven Johnson Grocerant Guru® […] Grocerant Guru March 13, 2024March 13, 2024 3 min read Dept. GroceryCasey's General StoresDept. Fresh PreparedConsumersData & InsightsBrick and MortarDept. BakeryDept. FreshPackagingPredictions and ForecastsShoppersDept. BeverageDept. DairyRestaurantsPartnershipsDeliveryOperations & Supply ChainExecutivesDept. PerimeterDept. FuelSustainabilityAssociates 0 Saving Bookmark this article Bookmarked
Merchandising PCC taps Whole Foods veteran for executive role David Spear will serve as the Seattle co-op’s vice president of merchandising, promotions and sourcing. Grocery Dive March 13, 2024March 13, 2024 < 1 min read Whole FoodsExecutivesMarketing: TradeMerchandising 0 Saving Bookmark this article Bookmarked
Merchandising Hudson’s Bay Brings Target Kids Brand to Canada Strategic brand partnerships and collaborations can help merchants raise brand awareness and expand into new markets. Target is partnering with Hudson’s Bay to bring its popular kids apparel brand, Cat & Jack, to Canada. Target made its official exit from Canada in 2015, with CEO Brian Cornell reporting that area of the business was “losing […] Retail TouchPoints March 13, 2024March 13, 2024 2 min read TargetInternational - North AmericaDept. PetMerchandisingBrick and MortarOwned Brands (Private Label)ExecutivesMarketing: Social MediaPartnershipsDept. ApparelPredictions and ForecastsConsumersRestaurantsShoppers 0 Saving Bookmark this article Bookmarked
Merchandising Sustainability Beyond Slogans: Actionable Strategies for Retailers In 2024, the demand for sustainable practices in retail is more than just a trend; it has become a fundamental shift in consumer expectations and regulatory requirements. Consumers increasingly make purchasing decisions based on a company’s environmental impact, looking beyond the surface to see which brands are committed to making a difference. Concurrently, governments worldwide […] Mike Szczesny March 12, 2024March 12, 2024 3 min read SustainabilityConsumersESG and CSRPackagingOperations & Supply ChainPredictions and ForecastsBrick and MortarConsultingDeliveryStrategyData & InsightsMarketing: In StoreShoppersGovernmentPartnershipsMarketing: Social MediaHealth & WellnessThick Data 0 Saving Bookmark this article Bookmarked
Merchandising The Power of Mobile Apps for Grocery Stores Online grocery shopping has skyrocketed in popularity over the last four years. Today, major grocery store chains like Kroger and Albertsons offer mobile apps to their customers for easy ordering or delivery. Separately, third-party services such as Instacart work with shoppers to get their groceries delivered to their homes. This convenience and efficiency have turned […] Lawrence Snapp March 12, 2024March 12, 2024 3 min read ConsumersTechnology & InnovationAIShoppersOperations & Supply ChainThick DataMarketing: In StorePricing & PromotionsDeliveryMarketing: TradeBrick and MortarPredictions and ForecastsDept. NonfoodInstacartExecutivesKrogerAlbertsons / SafewayMarketing: Loyalty & SubscriptionRegional GroceryMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Merchandising Court sets late August start date for hearing on Kroger-Albertsons merger A federal judge in Oregon will decide during the proceeding whether to grant the FTC’s request to block the transaction. Written by Grocery Dive March 12, 2024March 14, 2024 Saving Bookmark this article Bookmarked
Merchandising Kids Like to Go Out to Eat ask Chuck E. Cheese Don’t want to cook, don’t want to do dishes, well according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® your kids don’t want you hear you complain about cooking dinner either. Chuck E. Cheese has a new program for that has a great chance to make the entire family happy according […] Written by Grocerant Guru March 11, 2024March 14, 2024 Saving Bookmark this article Bookmarked
Merchandising Publix reports 49% growth in net earnings in FY23 US supermarket chain Publix has reported net earnings of $4.3bn in FY23, marking a 49% increase from FY22’s $2.9bn. The post Publix reports 49% growth in net earnings in FY23 appeared first on Retail Insight Network. Written by Retail Insights Network March 8, 2024March 8, 2024 Saving Bookmark this article Bookmarked
Merchandising Target Q4 2023 Earnings Recap Target reported Q4 and 2023 financial results at its annual investor day on March 5, 2024. Quarterly comp performance improved sequentially from Q2 to Q4, but 2023 ended with comps down -3.7%. Profitability outperformed expectations as the company realized $2B of operating income growth in 2023 and reported notable gross margin improvements. The stock was […] Written by The Harvest Group March 8, 2024March 8, 2024 Saving Bookmark this article Bookmarked
Merchandising Kroger Reports Fourth Quarter and Full-Year 2023 Results, Announces Guidance for 2024 Comments from Chairman and CEO Rodney McMullen. "Kroger achieved strong 2023 results, in line with our long-term growth model and built upon three consecutive years of historic growth. Written by Kroger March 7, 2024March 8, 2024 Saving Bookmark this article Bookmarked