1. Department & Category

Datassential launches platform for food industry collaboration

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The platform will feature access to operator and consumer research and market outlooks as well as in-person and virtual engagements.

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  1. Operations & Supply Chain

Why Return Season is a Golden Opportunity for Retailers

For retailers, the game has changed when it comes to returns. Pandemic-era purchase habits have pushed online sales higher than ever before, but the double-edged sword is that return rates are also through the roof. Still, with consumer habits shifting more online, returns can provide retailers with a rich opportunity to turn a negative into […]
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  1. Data & Insights

The 2024 State of Business Texting Report: What it Means for Retailers

The 2024 State of Business Texting Report created by Text Request uncovers key insights and strategies for a wide range of industries using text messaging, including retail. The report covers benefits, challenges and opportunities associated with business texting. Let’s dive into the main takeaways for retail businesses. How Does Texting Benefit Retail Businesses? Retail businesses […]
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  1. Technology & Innovation

Aldi tests checkout-free tech at Illinois store

It’s the only known store the Batavia, Ill.-based grocer has in operation that features the technology, branded “Aldi Go”   View Original Article Technology & Innovation Tech: Cashierless Regional Grocery Aldi 0 Author Missing Member since March 11, 2021 Loading + Follow Following
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  1. Data & Insights

ULTA: Leveraging Alternative Data to Validate Long-Term Investment Insight

A key use case of using alternative data for long-term investors is validating management commentary, as we mentioned in our “Using Alternative Data as a Long-Term Investor” article published in September. Whether it’s tracking the performance of a strategic initiative or comments on category or financial performance that aren’t regularly reported in financial statements – […]
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  1. Trends & External Forces

Building a Resilient E-Commerce Business in a Changing Economy

Many entrepreneurs have turned to e-commerce thanks to its incredible flexibility and extraordinary earning potential. However, as is the case with any business, there are challenges to be aware of — and the challenges in the e-commerce sector can be particularly unique, especially in the light of a tumultuous economy. How the Economy Affects E-Commerce Recent […]
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  1. Data & Insights

Generative AI and the Future of Product Development

Imagine you’re shopping for a new dress. You have a vision of your colorful, dream dress, but you haven’t been able to find it anywhere online or in-store. But what if you could create it yourself with the help of artificial intelligence (AI)? Generative AI is fundamentally reshaping the product development process, offering many unique […]
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  1. Shopper & Customer

Why Virtual Retail Stores Will Be the Biggest Trend of 2024

As we step into 2024, the retail landscape is undergoing a transformative shift, with virtual retail stores emerging as the next big online trend. This shift isn’t just a fleeting fad but a response to changing consumer behaviors and technological advancements. As 3D for the web becomes more mainstream, traditional e-commerce websites are becoming flat […]
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  1. Department: Nonfood

Petco CEO Ron Coughlin Stepping Down; Interim Replacement Named

Ron Coughlin, who led Petco for five years as the pet retailer’s CEO, announced Wednesday he was stepping down from the company and would remain as an advisor to the board. Petco named Michael Mohan, the former Best Buy president and COO, interim CEO while the board conducts a search for a permanent chief executive. […]
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  1. Media & Marketing

January sales: The most haul-worthy high-street brands on TikTok revealed – H&M crowned top

New research has identified which UK high-street clothing brands create the most buzz on TikTok, based on how frequently they appear in online ‘hauls’ – with H&M crowned top. View Original Article Marketing: Social Media Technology & Innovation Dept. Apparel International - UK TikTok 0 Author Missing Member since March 11, 2021 Loading + Follow […]
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  1. Shopper & Customer

NRF: Valentine’s Day Spending to Reach $25.8B

Valentine’s Day spending on significant others is expected to reach a record $14.2 billion this year, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics. Overall, consumers plan to spend $25.8 billion to celebrate Valentine’s Day, on par with last year’s spending and the third highest in the […]
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  1. Corporate Strategy

7 Keys To Brand Evolution In A Changing World

There were brand-businesses that did not survive in 2023. Bed, Bath & Beyond, Rite Aid, SmileDirectClub, Lordstown Motors to name a few. There are several reasons for the demise of these brand-businesses. However, there are evergreen principles for building and maintaining powerful brand-businesses. Here are seven keys for evolving in a changing world. 1. Know […]
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  1. Shopper & Customer

What Retailers Can Learn From 2023 Holiday E-Commerce Data

After several years of altered consumer behavior and often-conflicting news about the economy throughout 2023, retailers have sometimes found it challenging to understand what’s normal customer behavior now. Regardless of the trends and pre-holiday forecasts, assessing how your store actually performed is the key to preparing for a stronger holiday season performance in 2024 — […]
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  1. Trends & External Forces

Vans Owner VF Corp. Hit by Cyberattack, Holiday Order Fulfillment Impacted

On Monday, VF Corporation, the U.S.-based owner of apparel brands including Vans, Supreme, and The North Face, confirmed a cyberattack has impacted the company’s ability to fulfill orders ahead of Christmas, reports TechCrunch. The company first detected the attack on Dec. 13, according to a filing with federal regulators. Hackers disrupted the company’s operations “by […]
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  1. Trends & External Forces

Return to Normalcy? Leading Marketing in a Post-Covid Era

The past three years have disrupted life and business as we know it. Now that the world is emerging from a pandemic, what’s next? For insight, let’s flash back to 1920. The U.S. has just come through a deadly influenza pandemic, a world war, and was experiencing both substantial labor unrest and race riots across […]
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  1. Shopper & Customer

Holiday Shopping Rule of 3’s and Other Leading Consumer Trends This Season

There’s no question that the holidays are a time of joy and celebration. However, for many they can also be a time of stress and anxiety, especially when it comes to personal finances. According to Purchasing Power’s 2023 Consumer Holiday Spending Survey, more than half (56 percent) of lower income U.S. consumers (those earning $75,000 […]
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  1. Data & Insights

1Q24 Top Insights Webcast

Join YipitData’s Research Team, on April 16, 2024 at 12:00 PM ET for a read into the top names in our coverage in 1Q24. The team will discuss: Is CART competition from new entrants heating up? SHOP remains strong, while niche e-commerce players seeing more limited growth Has LULU’s US business recovered from its slow […]
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  1. Technology & Innovation

Composable Commerce is More Attainable Than Brands Think. Here’s Why 

From having their morning coffee waiting for them at the click of a button, to winding down with a personalized movie recommendation on Netflix, consumers are accustomed to personalized experiences at every touchpoint throughout their day. Their expectations while shopping are no different. And while retailers are clear on the need to tailor for individual […]
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  1. Technology & Innovation

How Walmart is Embracing AI

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  1. Shopper & Customer

With Customers Watching Their Wallets, Retailers Must Look at Loyalty

With consumer prices beginning to plateau, retailers are beginning to feel cautiously optimistic over their future revenue streams. However, the index remains up 3.2 percent from a year ago, and with federal student loans now due for the first time in over three years, this makes a recipe for wallet-conscious shoppers. Now, shoppers are cutting […]
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  1. Stores & Formats

The Future of Smart Retail Starts With Robust Connectivity

During the pandemic, it seemed as if shopping had changed forever. With stay-at-home orders and lockdowns across the U.S., consumers had no choice but to shop online. Today, however, the COVID-19 pandemic is largely behind us, and in-store shopping is very much back. According to one survey, 85 percent of retail sales in 2023 are […]
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