Stores & Formats Restaurant Discontinuity Driven by Grocerant Growth Once again, Foodservice Solutions® Grocerant Guru® Steven Johnson predicts that 2022 will be a record year of chain restaurant discontinuity. Specifically, with more chain restaurant closing stores and fewer total chain restaurants open entering 2023. Regular readers of this blog know that back in the day (2005) the team at Foodservice Solutions® released a White Paper Restaurant Consumer Discontinuity; we […] Grocerant Guru May 27, 2022May 27, 2022 3 min read ConsumersDept. GroceryRestaurantsData & InsightsDept. Fresh PreparedDept. FreshMarketing: SocialDept. DeliDept. PerimeterShoppersDeliveryBrick and MortarPredictions and ForecastsStore LocationMeta (Facebook)Trends: TechTwitter 0 Saving Bookmark this article Bookmarked
Stores & Formats RTIH lays out this week’s coolest retail technology plays RTIH Editor, Scott Thompson, brings you his top ‘future of retail systems’ deployments from the past week, including drone deliveries, Bitcoin rewards, smart shopping carts, and autonomous convenience stores. Pinterest and Samsung Pinterest has teamed with Samsung to launch of the first ever ‘flippable’ Pin on its platform. The aim is to show people just […] Retail Technology Innovation Hub May 27, 2022May 27, 2022 3 min read Technology & InnovationMarketing: SocialShoppersMetaverseTrends: TechDeliveryDept. HBCCVSInternational - UKWalmartCryptoTwitterPredictions and ForecastsQ CommerceStore LocationInternational - North AmericaPartnershipsPop UpsConsumersTech: CashierlessOmnichannelBrick and MortarPricing & PromotionsStrategyDept. ApparelTrends: RetailPhilanthropyDept. GroceryDept. Natural / OrganicESG and CSRHealth & WellnessOperations & Supply Chainsocial commerceNFT 0 Saving Bookmark this article Bookmarked
Stores & Formats APIs Drive Omnichannel Growth by Connecting Real-Time Transaction Data Across Channels For most of the time that retailers have existed, the only option shoppers had when they wanted to buy something was to go to a physical store and purchase in person. Then came eCommerce, which added online shopping to the mix, and more recently, the emergence of the omnichannel commerce concept, which some industry players […] Pymnts.com May 27, 2022May 27, 2022 3 min read Data & InsightsOmnichannelConsumersShoppersStrategyResults & InvestmentCOVID19Brick and MortarMarketing: Loyalty & SubscriptionPredictions and ForecastsLegal & CriminalTrends: RetailTrends: FinanceTechnology & InnovationPricing & PromotionsExecutivesOperations & Supply ChainMarketing: In StoreMarketing: SocialInternational - UKWarby ParkerESG and CSRAmazon 0 Saving Bookmark this article Bookmarked
Stores & Formats Frasers Group sells Bob’s Stores and Eastern Mountain Sports Sports Direct owner Frasers Group has sold its US retail businesses trading as Bob’s Stores and Eastern Mountain Sports to GoDigital Media Group for $70 million…. View Article The Retail Bulletin May 27, 2022May 27, 2022 < 1 min read Brick and Mortar 0 Saving Bookmark this article Bookmarked
Stores & Formats Data Engineering and Infrastructure at Instacart with Engineering Manager Abhi Kalakuntla “It sounds cliché, but data drives Instacart’s entire business—our logistics and shopping processes, as well as our ordering experience, are all based on data,” explains Abhi Kalakuntla, Engineering Manager on Instacart’s growing Data Infrastructure team. Thousands of algorithms inform the data models that make Instacart run—if those algorithms don’t work or our data models are […] Instacart News May 27, 2022May 27, 2022 7 min read InstacartData & InsightsDeliveryTechnology & InnovationMarketing: SocialShoppersOperations & Supply ChainPredictions and ForecastsESG and CSRPartnershipsDept. NonfoodBrick and MortarAI / MLMeta (Facebook)TwitterCOVID19Marketing: PrintMarketing: In StoreAssociatesQ CommerceCustomer ExperienceResults & Investment 0 Saving Bookmark this article Bookmarked
Stores & Formats How to Leverage Your App to Get More Customers The past two years have already, most likely, accelerated your investment in your app’s growth. In case you’re still on the fence, out of the estimated four hours that U.S. adults spend on their phones each day, 88 percent of that time happens within apps. Putting your app at the center of your omnichannel strategy […] Dor Birnboim May 27, 2022May 27, 2022 3 min read ShoppersStrategyPartnershipsOmnichannelMarketing: TradeMarketing: SocialTechnology & InnovationEconomyPricing & PromotionsMobile commerceTikTokTech: AR and VRTargetStore LocationResults & InvestmentMeta (Facebook)ConsumersMetaverseDept. ApparelDept. NonfoodESG and CSRGoogleWalmartMarketing: In StoreMarketing: Loyalty & SubscriptionAssociates 0 Saving Bookmark this article Bookmarked
Stores & Formats Tammy Girl returns to action as it makes debut on Asos After a 17 year hiatus, Tammy Girl is back, with fast fashion giant Asos relaunching the brand on its website. In 2005, Tammy Girl closed its high street stores after being bought by BHS, leaving UK pre-teens distraught. Manchester based, digital fashion firm, Daisy Street acquired the brand and partnered with Asos for a capsule […] Retail Technology Innovation Hub May 26, 2022May 26, 2022 2 min read Technology & InnovationReturnsPartnershipsShoppersDept. ApparelData & InsightsExecutivesInternational - UKConsumersStrategyDept. PetBrick and Mortar 0 Saving Bookmark this article Bookmarked
Stores & Formats Coborn’s taps retail veteran Keri Jones for board Longtime Target executive brings diverse background at chain stores Supermarket News May 26, 2022May 26, 2022 < 1 min read TargetExecutivesBrick and Mortar 0 Saving Bookmark this article Bookmarked
Stores & Formats Dollar General post strong sales gains in first quarter GOODLETTSVILLE, Tenn. — Dollar General on Thursday reported net sales of $8.8 billion for its fiscal year 2022 first quarter, an increase of 4.2% over the prior-year period. The net sales increase was primarily driven by positive sales contributions from new stores, partially offset by a slight decline in same-store sales and the impact of […] MMR May 26, 2022May 26, 2022 3 min read Dollar GeneralOperations & Supply ChainShoppersResults & InvestmentEconomyExecutivesMarketing: In StoreTechnology & InnovationPredictions and ForecastsStore LocationSustainabilityDept. ApparelBrick and Mortar 0 Saving Bookmark this article Bookmarked 5
Stores & Formats Co-op summer range launches in Nisa to help stores cash in on hotter months Nisa has begun to stock Co-op’s summer range of food and drink in an effort to help stores boost sales in the next three months. The “Summer Feastival” range includes dips and side salads, picnic and barbecue foods, ice-creams, tubs and cones, as well as new drinks lines. The range is backed by a full […] Talking Retail May 26, 2022May 26, 2022 < 1 min read Brick and MortarDept. BeverageDept. Grocery 0 Saving Bookmark this article Bookmarked
Stores & Formats Developing a Perfect Store Strategy in 2022 In 2022, the perfect store is rooted in constant evolution — a system that maybe isn’t perfect in every moment, but is agile always, malleable when needed, and capable of critical self-reflection. These innate characteristics of the modern perfect store are supported by, and in return support, the adoption of a few important technologies and […] Dor Sela May 26, 2022May 26, 2022 2 min read Technology & InnovationMerchandisingData & InsightsAssociatesStrategyShoppersCustomer ExperienceMarketing: In StoreOperations & Supply ChainBrick and MortarAI / MLTech: IoTMarketing: Direct & PersonalizationPartnershipsPredictions and ForecastsTech: AI 0 Saving Bookmark this article Bookmarked
Stores & Formats Dollar stores raise their expectations in volatile environment Dollar General and Dollar Tree could benefit from customers seeking out low prices, but their own costs are rising and shoppers are focused on consumables for now. RetailDive May 26, 2022May 26, 2022 < 1 min read SustainabilityBrick and MortarShoppersDollar GeneralDollar Tree 0 Saving Bookmark this article Bookmarked
Stores & Formats Apple’s retail chief tells associates to reject unions An internal video featuring Deirdre O’Brien, Apple vice president of people and retail, included a message to store associates that individuals leading efforts to organize stores do “not have a deep understanding of Apple” or its business. The Apple store employees engaged in organizing their coworkers have accused the tech giant of engaging in union […] RetailWire May 26, 2022May 26, 2022 < 1 min read AssociatesTechnology & InnovationBrick and Mortar 0 Saving Bookmark this article Bookmarked
Stores & Formats Independent grocer testifies on impact of infant formula shortage WASHINGTON – On behalf of the National Grocers Association (NGA), an independent community grocer from rural Georgia shared his experience and the direct impact the national formula shortage is having on his community with a U.S. House committee hearing. Confusion and fear, alongside panic-buying and government red tape, are among the effects of the nation’s shortage of […] MMR May 26, 2022May 26, 2022 2 min read PartnershipsVendorsGovernmentIndustry Conferences and EventsMerchandisingMarketing: SocialMarketing: BrandHealth & WellnessDept. GroceryDept. FreshCOVID19Brick and Mortar 0 Saving Bookmark this article Bookmarked
Stores & Formats Dollar Tree’s Q1 earnings beat expectations CHESAPEAKE, Va.— Dollar Tree reported a 43.2% increase in net income, to $536.4 million for the first quarter ended April 30. Diluted earnings per share for the quarter increased 48.1% to a first-quarter company record $2.37, compared to $1.60 in the prior year’s quarter, the company said Thursday. Consolidated net sales increased 6.5% to $6.90 […] MMR May 26, 2022May 26, 2022 2 min read Results & InvestmentDollar TreeOperations & Supply ChainAssociatesBrick and MortarFamily DollarData & InsightsShoppersTechnology & InnovationExecutivesMerchandisingMarketing: SocialPredictions and ForecastsCustomer Experience 0 Saving Bookmark this article Bookmarked
Stores & Formats Retail Technology Show 2023 expands Retail Technology Show, the flagship show for retail that brings together future-forward innovators and Europe’s most forward-thinking retailers, has promised an even ‘bigger and better’ show in 2023, as it announces it has expanded its show floor for next year’s expo. Attracting over 6,850 senior retail professionals during the two-day event, held at London Olympia […] Modern Retail May 26, 2022May 26, 2022 < 1 min read Technology & InnovationPredictions and ForecastsInternational - UKFlagship Stores 0 Saving Bookmark this article Bookmarked
Stores & Formats Providing a delivery experience that keeps consumers coming back Customer retention is a bigger issue now than ever before for retailers, as consumers have an increasing amount of variety and choice when it comes to where they make their purchases – particularly online. It is estimated that globally there are a total of 26 million ecommerce stores – a figure that grows by the […] Modern Retail May 26, 2022May 26, 2022 < 1 min read ConsumersDeliveryInternational - UKShoppersBrick and Mortar 0 Saving Bookmark this article Bookmarked
Stores & Formats Today in Data: As Stores Reopen, Customers Seek Personalized eCommerce Today in data, as retailers report higher in-store sales, consumers say they prefer tailored online shopping experiences. Data $1.05B: First quarter sales by Urban Outfitters, which reports a dip in eCommerce shopping and a rise in in-store traffic 9%: Drop in eCommerce sales from 2021 reported by Dick’s Sporting Goods as customers returned to the […] Pymnts.com May 26, 2022May 26, 2022 < 1 min read Data & InsightsBrick and MortarMarketing: Direct & PersonalizationConsumersStore LocationMarketing: In StoreShoppersDept. Sporting goodsDept. Nonfood 0 Saving Bookmark this article Bookmarked
Stores & Formats OAAA RELEASES EXPOSURE METHODOLOGY STANDARDIZATION GUIDELINES TO CREATE A FRAMEWORK FOR CAMPAIGNS WITHOUT A FIXED LOCATION The Out of Home Advertising Association of America (OAAA), the trade group representing the entire Out Of Home (OOH) advertising industry, today released a comprehensive methodology for capturing mobile advertising IDs that represent the audience exposed to Digital Moving Out-of-Home (DMOOH) media. The guide is a road map for addressing the challenges of capturing accurate […] OAAA May 26, 2022May 26, 2022 < 1 min read Marketing: OOHStore LocationOmnichannelData & Insights 0 Saving Bookmark this article Bookmarked
Stores & Formats Parliamentary group told of crucial role of shops for local communities Parliament yesterday discussed the vital role of local shop workers in an all-party meeting on the future of retail employment. The All-Party Parliamentary Group (APPG) on the Future of Retail heard evidence from several industry bodies, including the Association of Convenience Stores (ACS), the Retail Trust and shopworkers’ union Usdaw. The aim of the session […] Talking Retail May 26, 2022May 26, 2022 < 1 min read AssociatesTrends: RetailPredictions and ForecastsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Stores & Formats Grocerants Replacing Restaurants and Grocery Stores for Dinner What’s for Dinner is the age-old question every parent hears, and most say I don’t know. Today more and more families or looking online, or for new avenues of fresh food distributions in the way of meals and meal components that can be mixed and matched into perfect family meal. Alternative fresh food […] Grocerant Guru May 26, 2022May 26, 2022 4 min read Dept. GroceryRestaurantsData & InsightsConsumersMarketing: SocialDept. FreshDept. PerimeterBrick and MortarPepsiCoConsultingDept. BeverageDept. Fresh PreparedStrategyAssociatesDept. BakeryMeta (Facebook)TwitterDept. Adult BevTechnology & InnovationPricing & PromotionsPartnershipsMarketing: TradeESG and CSRDept. DairyDept. DeliDept. FuelMarketing: In StoreHoliday & Events 0 Saving Bookmark this article Bookmarked
Stores & Formats POS Systems for Small Businesses: Best Features, Systems, and How to Choose Small businesses with a physical location need a POS system to process payments and manage inventory. Learn what POS features to look for and how to choose. More Shopify May 26, 2022May 26, 2022 < 1 min read ShopifyStore LocationOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Stores & Formats Kroger Adds “Spoke” Distribution Facility In Central Ohio Kroger said yesterday that it is opening a new “spoke facility,” powered by Ocado, in Central Ohio, that it says “will extend the grocer’s reach and ability to provide fresh and friendly services to its customers … The 61,000-square-foot facility located on Shook Rd in Lockbourne will collaborate with the fulfillment hub in Monroe, Ohio and […] MorningNewsBeat May 26, 2022May 26, 2022 2 min read KrogerShoppersDeliveryOperations & Supply ChainAssociatesDept. RefrigeratedOcadoStore LocationDept. FreshDept. FuelTechnology & InnovationExecutivesAI / ML 0 Saving Bookmark this article Bookmarked
Stores & Formats Amazon Opens First Bricks-and-Mortar Clothing Store dot.LA reports that Amazon has opened its first clothing store – Amazon Style, located in the The Americana at Brand mall in Glendale, California, about 10 miles north of downtown Los Angeles. Here’s how the story describes the store: “The floor is massive – laying out original products from Amazon’s own apparel lines alongside name […] MorningNewsBeat May 26, 2022May 26, 2022 4 min read AmazonDept. ApparelTechnology & InnovationBrick and MortarOperations & Supply ChainPepsiCoPredictions and ForecastsPop UpsTrends: ShoppingShoppersPricing & PromotionsCOVID19Marketing: PrintMarketing: In StoreExecutivesAssociatesWalmart 0 Saving Bookmark this article Bookmarked 5
Stores & Formats Sears Said To Be Closing Dozens Of Stores Axios reports that “dozens of Sears Hometown stores are closing and holding liquidation sales, according to Facebook posts from the shuttering locations … Sears Hometown was touted in a November 2019 news release as a ‘network of more than 400 independently-owned and operated, dealer-managed smaller-format stores’ selling ‘a range of home products, including appliances, lawn […] MorningNewsBeat May 26, 2022May 26, 2022 < 1 min read Brick and MortarDept. NonfoodBankruptcyStrategyMeta (Facebook)Marketing: SocialDept. Sporting goodsDept. Appliances 0 Saving Bookmark this article Bookmarked
Stores & Formats Amazon Opens its First Physical High-Tech Apparel Store Amazon.com opened its first brick-and-mortal apparel store on Wednesday, leveraging technology to set itself apart as it tries to grow its physical presence. Called Amazon Style, the new store, located in California, features machine learning technology to help customers find clothes and personalize recommendations as well as interactive dressing rooms. The store stocks men’s and […] Marie Albiges May 25, 2022May 25, 2022 < 1 min read AmazonDept. ApparelTechnology & InnovationBrick and MortarConsumersPop UpsPepsiCoMarketing: Direct & PersonalizationAI / ML 0 Saving Bookmark this article Bookmarked
Stores & Formats Amazon testing mall pick-up service Retail Customer Experience May 25, 2022May 25, 2022 < 1 min read Brick and MortarAmazon 0 Saving Bookmark this article Bookmarked
Stores & Formats Costco earnings will show if its recession proof Costco is expected to report gains in sales and earnings as its combination of low prices and products for everyday life attract shoppers to its warehouse stores. The chain is further buoyed by its gas stations that offer members savings over market rates. RetailWire May 25, 2022May 25, 2022 < 1 min read Results & InvestmentCostcoEconomyShoppersOperations & Supply ChainDept. FuelBrick and Mortar 0 Saving Bookmark this article Bookmarked
Stores & Formats Starbucks Sells Evolution Fresh To Bolthouse Farms Starbucks announced yesterday that it is selling its Evolution Fresh business to Bolthouse Farms. Terms of the deal were not disclosed. The announcement said that “Evolution Fresh is a leading producer of primarily organic, cold-pressed, premium juice products. By joining forces with Bolthouse Farms – the No. 1 super premium refrigerated beverage brand and largest […] MorningNewsBeat May 25, 2022May 25, 2022 2 min read RestaurantsDept. FreshDept. BeverageExecutivesShoppersCustomer ExperienceCustomer ExperienceDept. RefrigeratedDept. Natural / OrganicDept. OTCEconomyHealth & WellnessPartnershipsResults & InvestmentBrick and MortarAssociates 0 Saving Bookmark this article Bookmarked
Stores & Formats Nordstrom Shuts Down Trunk Club Shopping Service Nordstrom announced yesterday via email to members of its Trunk Club shopping service that it is closing the service down, effective the end of the month. On its website and in an email, the retailer said: “As a valued Nordstrom Trunk Club customer, we thank you and appreciate your loyalty. “While we will no longer […] MorningNewsBeat May 25, 2022May 25, 2022 2 min read Dept. ApparelShoppersBrick and MortarMarketing: Loyalty & SubscriptionTechnology & InnovationResults & InvestmentMarketing: Direct & PersonalizationExecutivesEconomyAmazon 0 Saving Bookmark this article Bookmarked
Stores & Formats How to create the best delivery experience: 3 key factors As more consumers go online for their purchases, good delivery has become more important than ever. Find out how to step up your delivery game. Written by Future of Commerce May 27, 2022May 27, 2022 Saving Bookmark this article Bookmarked
Stores & Formats Dollar General post strong sales gains in first quarter GOODLETTSVILLE, Tenn. — Dollar General on Thursday reported net sales of $8.8 billion for its fiscal year 2022 first quarter, an increase of 4.2% over the prior-year period. The net sales increase was primarily driven by positive sales contributions from new stores, partially offset by a slight decline in same-store sales and the impact of […] Written by MMR May 26, 2022May 26, 2022 Saving Bookmark this article Bookmarked
Stores & Formats CVS to launch virtual primary care solution WOONSOCKET, R.I. — CVS Health announced on Thursday the launch of CVS Health Virtual Primary Care, a new virtual care solution available through a single digital platform. The offering connects CVS Health’s services, clinical expertise, and data for a more coordinated and consumer-centric health care experience. The company said the new solution enables consumers to […] Written by MMR May 26, 2022May 26, 2022 Saving Bookmark this article Bookmarked
Stores & Formats 22% Of Brands Are Unhappy With How They Allocate Their Retail Media Budget. But There’s a Better Way Retail media networks (RMNs) are an exciting place to run ads, because of the valuable first-party data that retailers have about their customers. RMNs create an ability to target a specific retailer’s customers and provide valuable insights into how people shop. And brands certainly are not hurting for choices. Just last week, Ulta announced a media network and the hotel chain, Marriott, the week prior. Written by Bobsled Marketing May 26, 2022May 26, 2022 Saving Bookmark this article Bookmarked
Stores & Formats Retail Earnings Confuse Rather than Clarify Earnings, and retail earnings in particular, are not as straightforward as they sometimes seem. Written by NASDAQ May 26, 2022May 26, 2022 Saving Bookmark this article Bookmarked