Commerce Data Visualization of the Week.
These Brands Have the Most Sponsorship Deals with Sports Venues
dataviz by Visual Capitalist
Last week’s most read and most interesting stories.
- NRF retracts organized retail crime claim
- DoorDash named Future 50
- Coca-Cola’s genai experiments
- CVS launches program for pricing transparency
- and much more!
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Top Retail Trends in Q4 2023
What’s happening in retail in Q4? What’s up: 🔺 Black Friday sales results 🔺 Returns process innovation 🔺 Channel blurring,
GenAI Will Shatter And Reconstruct Every Company And Industry
How will generative AI reconstruct companies, industries, countries, and roles? Our analysts try to answer one of the biggest questions
Ranked: The Top TV Advertising Spenders in 2023
The Top TV Advertising Spenders in 2023 In 2023, advertising spend is projected to reach $61.3 billion on U.S. broadcast
NRF Retracts Claim that Organized Retail Crime Accounted for ‘Nearly Half’ of Retail Shrink
The National Retail Federation (NRF) has updated a report that had attributed “nearly half” of 2021’s $94.5 billion in retail
Walmart’s hiring and wage pressures have eased, CEO says
Walmart CEO Doug McMillon also said artificial intelligence is changing employees’ roles across stores and in warehouses. View Original
Regional grocers’ e-commerce sales slip in Q3, research finds
The drop is due to a higher rate of lapsed shoppers who have either gone back to in-store buying or switched
Walmart CEO says consumers may not be as resilient next year, even as deflation starts to show
In a CNBC interview, Walmart CEO Doug McMillon said the discounter is gearing up for a year when
Sears is a shell of its former self. So why is it reopening some stores?
Sears and Kmart once dominated the retail landscape.
DoorDash named one of Fortune’s Future 50 Companies
The delivery company made the list out of 1,000 publicly traded companies that were considered View Original Article Predictions and
Consumers state high intent to buy more online in 2024: survey
While Amazon is the preferred e-commerce retailer overall, Walmart is the top pick for online grocery shopping, a Bank of America survey found.
CVS Launches Programs to Add Transparency to Prescription Pricing
CVS Health will launch a new model for pharmacy reimbursements designed to bring greater transparency and simplicity to the system.
What Coca-Cola’s generative AI experiments mean for the brand’s future
Selman Careaga, president of the global Coca‑Cola category, detailed how the brand balances artificial and human intelligence. View Original Article
Kellanova VP offers insights into omni-commerce
Sharma: Future of omni-commerce is “bright, frictionless, experiential and everywhere.” View Original Article Editor’s Choice Data & Insights Pricing &
Turning up the ‘sweet heat’ in 2024 beverage trends
The beverage consultancy Flavorman sees fruity flavor profiles blended with spiciness or, “sweet heat” fusions, gaining popularity among consumers in the year ahead. Flavors in such applications as a mango habanero pressed juice or a spicy margarita are seen gaining traction.
Black Friday and Cyber Monday post slow sales growth; Online Marketplaces outperform
Track retail sales for free Key Takeaways Holiday sales declined 1.6% YoY in the first 29 days of the holiday
3 ways retailers can leverage generative AI to stay ahead of the competition
Some phrases become so common that they bring thinking to a grinding halt. A new one poses a special risk
“It’s the most wonderful time of the year”
No, not the holidays. Spotify Wrapped came out last week and it was ChatGPT’s first birthday!