Trending Topics of the week.
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Last week’s most read and most interesting stories.
From lab grown meat to layoffs to delivery, this QuickWit Weekly has it all.
- Four critical trends that will shape the retail industry.
- Eat Just gets FDA clearance for cultivated meat in the US.
- Tesco’s Whoosh rapid delivery service is now available from 1,000 stores.
- Millennials will lead global ecommerce spending in 2023.
- Amazon launches 2-hour delivery from select Rite Aid stores.
- Walmart is laying off hundreds of employees at e-commerce facilities.
- And more
The future of retail: Global trends shaping the next 5 years
Google’s Official Digital Marketing Publication. Discover how to prepare your business for the top global trends that will shape the future of retail. Summary:
Eat Just gets FDA clearance for cultivated meat in U.S.
Once Eat Just’s Good Meat chicken receives USDA approval, it will be served at a Washington, D.C. restaurant owned and operated by Chef José
Tesco rapid delivery service Whoosh now available from 1,000 stores as it exceeds rollout target by 25%
In support of its ambition to provide more ways for customers to shop more easily, Tesco has surpassed its own target for the rollout
2 Things Will Separate Retail Media Winners from the Losers — Data and Scale
Media networks are retailers’ hottest new accessory; in fact, the sheer number of retailers that have developed retail media networks (RMNs) in the last
Millennials Will Lead Global Ecommerce Spending in 2023, New Study Reveals
NEW YORK–(BUSINESS WIRE)–Millennial consumers prefer online versus in-store shopping, according to new data released today by ESW, the world’s leading global direct-to-consumer (DTC) ecommerce
Amazon launches 2-hour delivery from select Rite Aid stores
The service is available for Prime members living within the greater Newark, New Jersey, and Burbank, California, areas. View Original Article Rite Aid Brick
Walmart Announces Layoffs at E-Commerce Facilities
Walmart is laying off hundreds of employees at e-commerce facilities across the country, as the big-box giant and other retailers brace for a tougher year ahead.
75% of marketers expect to spend more on TikTok even as ban looms
Despite security concerns and the possibility of a ban by the U.S. government, three in four marketers expect to increase spending on TikTok in
DoorDash names Lush Cosmetics, Victoria’s Secret, and Party City as new retail partners
Rapid delivery big hitter, DoorDash, has added Lush Cosmetics, Victoria’s Secret, and Party City as retail partners, and also announced new shopping features. These
Amazon braces for another mass layoff
Amazon will continue to send business to unemployment offices across the company as it plans on laying off another 9,000 employees, bringing the total
Amazon introduces contactless tech to 200 establishments, including Panera cafes
Amazon is rolling out its palm recognition service at Panera bakery-cafes, as well as introducing it at over 200 establishments in and outside the
Nike touts ‘tremendous progress’ on inventory as sales grow 14%
Dive Brief: Unlike competitor Adidas, which posted a sales decline and a dismal annual guidance in its most recent earnings report, Nike on Tuesday posted 14% revenue
Retailing in a Recession: E-Commerce Tips to Weather the Storm
Despite a difficult 2022, wrought with soaring inflation and mass layoffs, the retail industry ended the year in decent shape with a solid holiday
Petco Launches New Subscription Delivery Service for Fresh Pet Food
Petco has teamed up with Freshpet to offer subscription delivery of fresh dog food as consumer interest in direct-to-doorstep pet meal plans increases. Source:
Grocery Stores and Restaurants Continue Battling for Share of Stomach
In the continuing battle for share of stomach the consumer continues to migrate with the food price, value, service equilibrium according to Steven
Carvana shares pop as company offers first-quarter guidance, restructures debt
[[“value”:”Carvana expects a first-quarter loss of between $50 million and $100 million, drastic improvement from a loss of $348 million it reported a
GameStop posts first quarterly profit in two years
CEO Matt Furlong said the company will continue cost cutting and cost containment to help sustain profitability. View Original Article Editor’s Choice Executives RetailDive
After 150 years, Bloomingdale’s names its first-ever chief merchant
The move could mean that the upscale Macy’s-owned department store is stepping up its game against rival Nordstrom, observers say. View Original Article Editor’s
Foot Locker emphasizes ‘sneaker culture’ in its ‘renewed’ relationship with Nike
Foot Locker CEO Mary Dillon said she has spent a “great deal of time with Nike revitalizing our partnership” since joining the footwear retailer.
Haleon’s Lisa Paley elected as CHPA board chair
ORLANDO, Fla. – The Consumer Healthcare Products Association (CHPA) on Tuesday announced the appointment of Lisa Paley as Chair of its Board of Directors following