Check out the Trending Topics of the week.
(click on the topic link to read more)
Last week’s most read and most interesting stories.
- Kroger reports a solid Q1 and raises guidance for 2022
- Walmart and Roku team up
- Target to have bigger “Target Deal Days”
- US Retail Sales slow down
- Amazon drone deliveries are coming!
- And more!
Microsoft and Meta join Google in using AI to help run their data centers
Data centers, which drive the apps, websites, and services that billions of people use every
eCommerce, Doorstep Delivery Stand to Gain from Pain at Pump
The pain at the pump will be what drives us more fully away from driving
Tesco sees early signs of changing shopper behaviour
Tesco saw its group retail sales edge up 2% to £13.57 billion in the 13
The World’s 10 Most-Purchased FMCG Brands Last Year Were…
The average household buys 55 different FMCG brands a year. Coca-Cola was the “most-chosen” FMCG
Just How Bad Are Social Media Platforms’ Reputations? Really Bad.
TikTok, Meta and Twitter all rank in the bottom 10 of the 100 most visible
Target announces bigger Target Deal Days
MINNEAPOLIS — Target Corp. announced the return of its highly anticipated Target Deal Days sales event,
Walmart and Roku Team Up to Take on TV Commerce
Walmart and Roku have announced a new partnership “to make TV streaming the next ecommerce
AMZN vs WMT Weekly: Let the Markdowns Begin
First came weak retail sales for the month of May that simply confirmed the changing
Legal expert rates Lidl chances in Tesco case
Lidl said to have ‘robust’ argument over yellow and blue eblem. Source: Lidl/The Grocer Lidl
Kroger Reports First Quarter 2022 Results and Raises Full-Year Guidance
“Kroger achieved strong first quarter results as we successfully executed on our strategy of Leading with Fresh and Accelerating with Digital. We are incredibly proud of our associates who continue to put the customer at the center of everything we do.
Our team is doing an outstanding job managing costs in an inflationary environment, which is allowing us to continue to invest in our associates while providing our customers the freshest food at affordable prices when and where they need it. We are delivering everyday value through personalized experiences, trusted Our Brands products, data-driven promotions, and seamless e-commerce solutions.
Looking ahead, we are well positioned to continue delivering for our customers, investing in our associates, and driving sustainable returns for shareholders.”
U.S. retail sales see slight May decline
Commerce reported that May retail sales—at $672.9 billion—were down 0.3% compared to April, while seeing an 8.1% annual gain. NRF said that in its calculation of retail sales, which excludes automobile dealers, gasoline stations, and restaurants, to focus on core retail, pointed to May retail sales being flat on a seasonally-adjusted basis compared to April and up 6.7% on an unadjusted basis annually.
Walmart to recruit U.K. sellers to U.S. online marketplace
BENTONVILLE, Ark. —Walmart has begun a major push to bring U.K. exporters to its flagship
Walmart and Bitcoin: are they future partners?
At this point, Walmart doesn’t accept virtual currency except through the Bitpay merchant processor service.
Apple signs 10-year streaming deal with Major League Soccer
Apple has signed a deal with Major League Soccer (MLS) that will see the company
1 in 3 Consumers Earning $250K Live Paycheck to Paycheck
As rising inflation makes it increasingly difficult to pay bills and build savings, U.S. consumers
Retail Revenue Drivers
It’s time to grow the top line. As profitability pressures and retail costs mount, retailers
People Expect These Metaverse Applications to Impact Their Lives the Most
Positive feelings about engaging with extended reality are stronger in emerging than higher-income countries. The
Walmart teams with Country star on home goods line
BENTONVILLE, Ark. — Walmart has teamed with Country Music star Miranda Lambert to launch an
Metaverse customer experience: A world of new opportunities
With Gartner predicting that 25% of people will spend at least one hour per day in the metaverse in the next four years, the metaverse promises to impact our lives in more ways than one.
Timberland Treks into the Metaverse Via Fortnite
Footwear brand Timberland has stepped into the metaverse with the launch of its semiannual CONSTRUCT:
IGD – Cost of living crisis replaces Covid as key challenge to retail sector
The UK grocery market is set to grow by 11.3% – from £216.8 billion to
U.S. e-grocery sales trend down again in May
Rising inflation has consumers rethinking where and how they shop online for groceries, Brick Meets Click survey shows
How Gen Z Relates to Brands [Infographic]
Gen Z will soon become the most influential consumer segment, with the next generation of
Amazon Prime Air Prepares for Drone Deliveries
Amazon.com said Monday it will begin delivering parcels using Prime Air drones in a small
