Dept. Appliances

  1. Holiday & Events

Retailers Focus on Early Sales, Expanded Assortments to Win Holiday 2024

With the unofficial start to the holiday shopping season (Amazon’s Fall Prime Day Oct. 8 and 9) just around the corner, and consumer confidence wobbly at best, Amazon isn’t the only retailer hoping to capture some early holiday spending next month. Target, Walmart, Best Buy, Big Lots and Michaels all have announced plans for early […]
6 min read
0
  1. Shopper & Customer

How to Help Consumers Answer the Age-old Question: What’s for Dinner?

One constant in U.S. consumers’ culinary lives is dinner. In the U.S., it’s the meal most likely to be enjoyed in groups or as a family. It’s also, unfortunately, the meal that elicits the most anxiety for the person tasked with preparing or acquiring it. For those consumers answering the question, “What’s the plan for […]
3 min read
0
  1. Data & Insights

Best Buy Launches Real-Time Delivery Tracking for Large Product Orders

Best Buy has rolled out a new live delivery tracking feature for consumers who have purchased TVs, refrigerators, washers, dryers, and other large electronics and appliances. The new feature, which is accessible via the retailer’s ecommerce site and mobile app, is designed to give shoppers to-the-minute tracking details on their order’s progress, including a real-time […]
2 min read
0
  1. Technology & Innovation

2025: what to expect in retail industry

The future is here, and it’s connected. IoT cloud solutions are changing the way we live, work, and play. From smart homes to industrial automation, these cutting-edge technologies are transforming industries and creating new possibilities. IoT cloud solutions are revolutionizing the retail industry, making it more efficient and customer-focused. As we look to 2025, these […]
3 min read
0
  1. Shopper & Customer

Cracking the Code of Customer Loyalty in 2024 Means Prioritizing Customer Lifetime Value Over Speed

There are two types of customers: those who buy and those who keep coming back. Success in ecommerce, and retail in general, depends on the latter. For VCs backing ecommerce upstarts, exponential growth and expansion often focuses on speed and a “growth at any price” mindset. On the other hand, traditional retailers must reinvent their […]
4 min read
0
  1. Shopper & Customer

Circana shares the top CPG product launches of 2023

CHICAGO — Circana has released the 2023 New Product Pacesetters report, showcasing the top-selling new product launches across food and beverage and nonfood consumer packaged goods sectors. The report shared that consumers sought exploration as they adjusted to active post-pandemic lifestyles. Leading products reflect shifts in Americans’ daily routines, offering increased versatility and venturing into […]
4 min read
0
  1. Shopper & Customer

Father’s Day spending to total $22.4 billion

WASHINGTON, June 3, 2024 – Father’s Day spending is expected to reach $22.4 billion this year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. This is the second-highest figure in the survey’s history and on par with last year’s record of $22.9 billion. “Father’s Day is an opportunity to celebrate our […]
2 min read
0
  1. Media & Marketing

Lowe’s lays claim to a new era of in-store kitchen design with Apple Vision Pro as pilot kicks off this month

Lowe’s says it is the first home improvement retailer to offer customers an in-store, Apple Vision Pro powered experience, with a pilot set to launch in three test markets this month. Customers can try Lowe’s Style Studio for Apple Vision Pro firsthand, allowing them to visualise and design their dream kitchens using spatial computing and the […]
2 min read
0
  1. Data & Insights

RILA Debuts Greenhouse Gas Measurements Database for Consumer Products

The Retail Industry Leaders Association has partnered with Optera to launch the Direct-Use Product Emissions Database (DPED), to provide retailers and their suppliers with an aligned database for quantifying greenhouse gases emitted during use by appliances, electronics and power equipment. The DPED’s goal is to foster uniform metrics for comprehending and managing scope 3, category […]
2 min read
0
  1. Technology & Innovation

Starring Asda, Emperia, and Instacart: RTIH rolls out the biggest retail technology news stories of the week

It’s Friday, the weekend is almost upon us, so let’s kick back and reflect on another eventful week for the retail systems space. Here’s your briefing on the most important stories from the past five days, including Polytag, Marks and Spencer, Retail Insight, The Home Depot, Hugo Boss, Zippin, and OneStock. 1. Polytag announces single-use […]
5 min read
0
  1. Channel: Home Improvement

Home Depot Launches ‘Moving Hub’ to Support Military Relocations

In honor of Armed Forces Day, the Home Depot has launched a new Military Moving hub featuring information and discounts tailored to the hundreds of thousands of active-duty military families that relocate every year. Military families relocate every two to three years on average, with military retirees relocating six or more times over the course […]
2 min read
0
  1. Shopper & Customer

Circana: April retail sales settle into pattern

CHICAGO — In April 2024, U.S. retail sales revenue and unit demand, including both discretionary general merchandise and consumer packaged goods (CPG), declined 1% compared to the same month last year. During this period, spanning the four weeks ending April 27, 2024, year-over-year unit demand declined 2% across retail segments. While overall consumer spending levels […]
2 min read
0
  1. Data & Insights

Grocerant Guru’s Full-Flavored Forecast: 2024’s Flavorful Trends

Get ready to tantalize your taste buds with a peek at what’s hot in the culinary world! Once again Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® and his team,  are seeing some new signals of our ever-evolving consumer focused adoption of fresh food with functionality; including botanical infusions, and even a touch […]
3 min read
0
5
  1. Data & Insights

The Rise of the Online Marketplace in Home Improvement

The home improvement industry is at a crossroads, shaped by a digital landscape that continues to grow exponentially. In the first half of 2024, this sector has seen a significant transition to online sales, which now account for 37% of the industry’s total market share. It’s a pivot that reflects the broader narrative of our […]
3 min read
0
  1. Acquisitions, Divestitures & Mergers

The Home Depot Acquiring Supplier to Professional Contractors

The Home Depot said yesterday it is acquiring SRS Distribution Inc. (SRS) — a materials provider across several verticals serving professional roofers, landscapers and pool contractors — in a deal valued at approximately $18.25 billion. It would be Home Depot’s largest acquisition in its history. The home improvement retailer expects the acquisition to close this […]
< 1 min read
0
  1. Channel: Home Improvement

Home Depot Boosts Pro Offering with $18.25B Acquisition of SRS Distribution

The Home Depot is acquiring building products distributor SRS Distribution for $18.25 billion in a bid to accelerate the growth of its pro offerings. The deal, which is expected to close by the end of the retailer’s fiscal 2024 in late January 2025, is subject to customer closing conditions and will be funded through a […]
2 min read
0
  1. Channel: Ecommerce & Digital

Wren Kitchens deploys Descartes appointment scheduling, route planning and optimisation solution

Kitchen retailer Wren Kitchens is using Descartes Systems Group appointment scheduling, route planning and optimisation solution to improve surveyor productivity, allowing it to complete 56% more customer appointments and reduce its overall ‘cost per appointment’, which has saved the company £2 million annually. It says that the solution has dramatically improved the productivity of Wren’s […]
2 min read
0
  1. Technology & Innovation

Walmart Commerce Technologies makes award winning AI powered logistics product available to all businesses

Walmart is making its AI powered logistics technology – Route Optimisation – available to all businesses as a Software as a Service (SaaS) solution through Walmart Commerce Technologies. “We have invested significant time, resources and operational knowhow into building solutions like Route Optimisation, but that can be a barrier for many businesses,” says Anshu Bhardwaj, […]
2 min read
0
  1. Technology & Innovation

The Very Group goes all in on AI as RTIH rolls out this week’s coolest retail technology plays

RTIH Editor, Scott Thompson, brings you his top ‘future of retail’ systems launches and deployments from the past week, including Jisp, Walmart, Global Fashion Agenda, PDS Ventures, Pinterest, the Retail Trust, and The Very Group. Jisp In a review of its Scan & Save app’s performance through February, Jisp says it found that the total […]
4 min read
0
  1. Owned Brands (Private Label)

Circana report: private brands surge amidst inflation

CHICAGO—Private brands have experienced growth in the face of inflation, according to a new report from Circana, with sales surpassing $217 billion. The report, “CPG Private Brands Update,” provides an update on the store brand landscape, and identifies retailer opportunities to increase demand for their own brand and private brand offerings. “Private brands are increasingly […]
2 min read
0
  1. Data & Insights

Key Takeaways From the Wiser Industry Leaders Retail Panel: Retail Innovation and Strategy

With the global pandemic acting as a catalyst for change, retailers have been thrust into a new realm of challenges and opportunities. The acceleration in the adoption of digital tools and strategies has become a lifeline for many, enabling them not only to survive but to thrive amidst unprecedented conditions.   A recent panel hosted by […]
5 min read
0
  1. Shopper & Customer

Research finds new growth opportunities in food

ARLINGTON, VA – Food retailers and their partners can find new growth opportunities by addressing consumers’ expanding definitions of value, according to research from FMI – The Food Industry Association, Oliver Wyman and Circana. A study, Finding Growth for Food & Beverage at Retail: Winning Eating Occasions throughout the Day, offers a comprehensive examination of emerging trends and outlines […]
2 min read
0
  1. Data & Insights

Top 3 Insights From 100 Brands Using Generative AI in E-Commerce

How generative artificial intelligence will transform online shopping is a hot topic in e-commerce. One year after generative AI started to dominate headlines, what have we learned about its real impact on e-commerce? This article presents findings from iAdvize’s inaugural Barometer of Generative AI in E-Commerce — a report that uses first-party data to share […]
3 min read
0
  1. Channel: Club

Costco To Open New Furniture-and-Appliances-Only Store

The Street reports that Costco “plans to open a store solely dedicated to furniture and appliances.” The story notes that “most of Costco’s 850 global locations are its classic warehouse model that sells food, household goods, and lots of other things. The chain has opened a handful of ‘Business Centers,’ in recent years, locations that […]
< 1 min read
0
Advertisement

Trending Topics

Editor’s Choice

  1. Media & Marketing
  2. Channel: Restaurants
  3. Department & Category
  4. Department: Nonfood
  5. ESG
  6. Media & Marketing
  7. Data & Insights
  8. Shopper & Customer
  9. Technology & Innovation
  10. Trends & External Forces
  11. Associates & Employees
  12. Operations & Supply Chain

Ranked: The Fastest Shrinking Jobs in the U.S. (2023-2033F)

See this visualization first on the Voronoi app. Use This Visualization Ranked: Occupations With the Most Projected Job Cuts This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. As the economy shifts, the employment landscape changes. […]
Written by
  1. Holiday & Events
  2. Department: Consumer Durables
  3. Department: Nonfood
  4. Corporate Finance
  5. ESG
  6. Partnerships & Alt Profit
  7. Media & Marketing
  8. Data & Insights
  9. Shopper & Customer
  10. Technology & Innovation
  11. Trends & External Forces
  12. Associates & Employees
  13. Holiday & Events
  14. Merchandising
  15. Stores & Formats

Adobe Predicts 8.4% Growth in Online Holiday Sales, Driven by Discounting

Adobe expects U.S. online sales to hit a record $240.8 billion this holiday shopping season (covering the period from Nov. 1 to Dec. 31), representing 8.4% growth year-over-year. Shopping on mobile devices also is expected to hit a new milestone, growing 12.8% YoY to contribute a record $128.1 billion, which would represent a 53.2% share of online spend this season […]
Written by
  1. Media & Marketing
  2. Retail Ecosystem
  3. Trends & External Forces

Future of Marketing: Part One

Today, we’re kicking off a special two-part series answering your questions about all things marketing.  Scott puts on his professor hat and answers your questions surrounding common marketing misconceptions, the power of community-driven marketing, and what the future holds for the industry.  Music: https://www.davidcuttermusic.com / @dcuttermusic Subscribe to No Mercy / No Malice Buy “The […]
Written by
  1. Shopper & Customer
  2. Corporate Finance
  3. Media & Marketing
  4. Data & Insights
  5. Shopper & Customer
  6. Trends & External Forces

Charted: Maxed-Out Credit Cards by Generation

See this visualization first on the Voronoi app. Use This Visualization Credit Card Utilization By Generation This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. In the first quarter of 2024, the nationwide aggregate credit card […]
Written by

Trending

Advertisement