1. Associates & Employees

Kroger’s Mid-Atlantic Division and UFCW Local 400 union make deal on wage increments

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The deal includes a starting wage increase to $13 per hour for new employees
 

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  1. Holiday & Events

November US Retail Sales Beat Expectations

U.S. retail sales unexpectedly rose in November as the holiday shopping season got off to a brisk start amid deep discounting, likely keeping the economy on a moderate growth path this quarter and further alleviating fears of a recession, reports Reuters. The Census Bureau said overall retail sales in November were up 0.3 percent from October […]
2 min read
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  1. Merchandising

Amazon is Working to Reduce Overreliance on its Signature Brown Boxes

Every year, the U.S. goes through enough cardboard boxes for shipping to pave a one-mile-wide road from New York City to Los Angeles three times, or build a mile-high cardboard wall around the entire continental U.S. Getting rid of overreliance on Amazon.com’s signature brown box is a key goal of the retail giant and its […]
2 min read
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  1. Operations & Supply Chain

How Streamlining Operations Can Generate a Competitive Edge

Competition plays a huge factor in the retail industry. Operating in a highly saturated market, retailers must constantly work towards meeting their customers’ expectations quickly while providing a high-quality experience. With price and convenience being the two biggest factors affecting consumer purchase decisions, retailers must find ways to keep costs down while continuing to streamline […]
3 min read
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  1. Corporate Finance

Zulily to Shut Down Following Layoffs, Months Into New Ownership

Online retailer Zulily is shutting down, reports CNBC. The business ceased operations on Fri., Dec. 22, 2023. In a note on the company’s homepage, an official said Zulily’s leadership had “made the difficult but necessary decision to conduct an orderly wind-down of the business to maximize value for the companies’ creditors” by entering an assignment […]
2 min read
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  1. Channel: Mass

Walmart’s CMO Outlines 3 Key 2024 Initiatives

In a keynote presentation at the ICR Conference in Orlando, FL earlier this week, William White, senior vice president and chief marketing officer, Walmart U.S., detailed three key marketing strategies for the retailer in the new year. Each of the three initiatives support the marketing team’s goal of making Walmart a place where people want […]
2 min read
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  1. Data & Insights

The Growing Influence of Home Improvement Pros

In the aftermath of the Covid-19 pandemic, the home improvement landscape has undergone a transformative shift as seen in YipitData’s new Home Improvement Pros report. As consumer demand for DIY projects slows, retailers like Home Depot, Lowe’s, and Ace Hardware are strategically redirecting focus on an emerging consumer base – home improvement professionals. Pros (professional […]
2 min read
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  1. Department & Category

Datassential launches platform for food industry collaboration

 ​​[[“value”:” The platform will feature access to operator and consumer research and market outlooks as well as in-person and virtual engagements. “]]  View Original Article Dept. Grocery Consumers Technology & Innovation 0 Author Missing Member since March 11, 2021 Loading + Follow Following
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  1. Technology & Innovation

Walmart Unveils Drone Expansion, Generative AI-Powered Search Tool

Walmart CEO Doug McMillon said in a keynote speech at CES earlier this week that the retail giant would expand its drone delivery footprint and launch an artificial intelligence-powered search tool for iOS users. McMillon said the drone delivery would be expanded to 1.8 million additional households in the Dallas-Fort Worth area later this year. […]
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  1. Data & Insights

AAPL Launch Webcast

Join YipitData’s Product Expert Ryan Fick and Research Associate Tyler Fein on Wednesday, February 28th at 12:30 pm ET for a webcast detailing our new Apple (AAPL) product. The team will discuss: A brief overview of data points included in our research and use cases An introduction to key questions our reports will address, as […]
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  1. Corporate Finance

IT’SUGAR is Sweetening Customers’ In-Store Experiences

In episode 438 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Jarett Levan, president and CEO of BBX Capital, a diversified holding company and parent of IT’SUGAR, the largest specialty candy retailer in the U.S. Listen in as Levan provides an overview of IT’SUGAR (1:00), discusses its brick-and-mortar locations (2:30), and how it’s balancing its e-commerce […]
2 min read
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  1. Corporate Finance

The Body Shop Ceases its US Operations

The Body Shop has ceased its U.S. operations and is closing dozens of locations in Canada amid deepening financial struggles for the British beauty and cosmetics chain. The Body Shop’s U.S. arm ceased operations on March 1, according to a company announcement from earlier this month. And the brand’s Canadian subsidiary commenced liquidation of 33 […]
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  1. Shopper & Customer

AI-Powered Retail: Elevating Customer Support Amidst Holiday Rush

At this point, doing one’s holiday shopping at the mall feels almost like a nostalgic throwback — not far removed from listening to music on vinyl or taking pictures with a disposable camera. The records for online holiday shopping are broken on what seems like a yearly basis, with last year’s $9.12 billion representing the […]
4 min read
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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. Channel: Mass

Walmart Easing Delivery Requirements for Suppliers

Walmart said this week that it’s planning on easing its requirements for in-full and on-time shipments from suppliers. According to The Wall Street Journal, Walmart said that it wants its suppliers to deliver shipments on-time 90 percent of the time and in-full 95 percent of the time, down from the 98 percent threshold the company […]
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  1. Operations & Supply Chain

American Freight Introduces New Store Concept Focused on Value

In episode 439 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Alissa Ahlman, chief merchandising officer, home segment at Franchise Group, Inc., a world-class franchising platform for a diverse collection of market-leading and emerging brands, including American Freight, a retail furniture chain. Listen in as Ahlman provides an overview of both companies (0:45), how the […]
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  1. Trends & External Forces

Harnessing the Power of Advertising in an Unsteady Economy

At times of economic uncertainty, retailers look closely at costs to ensure they’re spending efficiently. Because of how difficult it is to truly assess return on investment, many cost-conscious business leaders cut advertising dollars early and often. While this tends to be a first line of defense against economic headwinds, it’s not the most effective. […]
3 min read
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