Channel: Delivery Foxtrot & Dom’s Market Sudden Closure: The Broader Impact On April 23, 2024, Chicago-based premium convenience stores Foxtrot Market and Dom’s Kitchen & Market permanently and abruptly closed all 35 locations with news of a Chapter 7 filing for bankruptcy. The news sent shockwaves through Chicago and other major cities. In recent years, Foxtrot expanded to new markets in Washington, D.C., Dallas and Austin […] Mintel April 26, 2024April 26, 2024 3 min read Q CommerceConsumersDept. GroceryDept. BeveragePredictions and ForecastsEconomyTrends: ConsumerBankruptcyBrick and MortarTechnology & InnovationDeliveryDept. Adult BevTrends: RetailAssociatesMergersAI 0 Saving Bookmark this article Bookmarked
Associates & Employees Starbucks, Workers United made ‘significant progress’ in this week’s contract talks Starbucks and the union plan to meet again in late May to keep working on the framework that will inform every single-store contract. CNBC April 26, 2024April 26, 2024 < 1 min read RestaurantsAssociates 0 Saving Bookmark this article Bookmarked
Technology & Innovation Are LLMs About To Hit A Wall? Each new generation of large language model consumes a staggering amount of resources. Meta, for instance, trained its new Llama 3 models with about 10 times more data and 100 times more compute than Llama 2. Amid a chip shortage, it used two 24,000 GPU clusters, with each chip running around the price of a […] Bigtechnology April 26, 2024April 26, 2024 5 min read Technology & InnovationAIData & InsightsAmazonDept. GroceryPredictions and ForecastsMeta (Facebook)PodcastsBigTechSustainabilityExecutivesResults & InvestmentGoogleMarketing: Social MediaGovernmentTikTokMarketing: BroadcastAssociatesStreamingCryptoChatGPTDept. FreshStrategyDept. NonfoodDept. PerimeterDept. Toys & GamesDept. Fuel 0 Saving Bookmark this article Bookmarked
Department & Category Working lunch In focus: Food-to-go Once again, lifestyles are changing. Workers are going back to the office, if not full-time then at least two or three days a week, which means popping out to the shops for a grab-and-go al fresco or ‘al desko’ lunch is back on the agenda.… This story continues at Working lunch In focus: Food-to-go Or […] Talking Retail April 26, 2024April 26, 2024 < 1 min read Dept. GroceryPredictions and ForecastsDept. NonfoodAssociates 0 Saving Bookmark this article Bookmarked
Associates & Employees Retail industry groups voice concerns over imminent overtime pay changes The National Retail Federation warned of harm to employers and employees alike, while the Retail Industry Leaders Association slammed a “legally dubious methodology to score political points.” RetailDive April 26, 2024April 26, 2024 < 1 min read GovernmentAssociates 0 Saving Bookmark this article Bookmarked
Technology & Innovation Store workforce scheduling firm Orquest named winner of Retail Technology Show 2024 Innovation Awards Artificial intelligence driven in-store workforce scheduling solution, Orquest, has been announced as the winner of the 2024 Innovation Awards by Retail Technology Show 2024, which is taking place at London Olympia this week. Announced at the BIG Retail Party at the end of day one, Orquest was chosen from a shortlist of ten companies also […] Retail Technology Innovation Hub April 25, 2024April 25, 2024 2 min read Technology & InnovationAIPredictions and ForecastsAssociatesMarketing: Social MediaTwitterShoppersInternational - UKMarketing: In StoreCompetitionCustomer ExperienceSustainabilityStrategyOperations & Supply ChainHealth & WellnessExecutivesTrends: RetailEconomy 0 Saving Bookmark this article Bookmarked
Data & Insights Nurturing future leaders: Celebrating the graduates of Nielsen’s Diverse Leadership Network program Nielsen’s 2024 Diverse Leadership Network graduates strike the #inspireinclusion pose for International Women’s Day Nielsen is focused on creating a better media future for all people, and that starts inside our own company, with our people. One of our leadership development programs is the Diverse Leadership Network (DLN). Through the DLN, we are investing in […] Nielsen April 25, 2024April 25, 2024 2 min read Insight ProvidersBig DataPredictions and ForecastsInclusivityInternationalExecutivesAssociatesSustainabilityTrends: MarketingData & InsightsDept. Fresh 0 Saving Bookmark this article Bookmarked
Department: Nonfood Swipe fee costs average household more than $1,100 WASHINGTON – Soaring credit and debit card swipe fees cost the average U.S. household more than $1,100 last year, the Merchants Payments Coalition said. “American families should not get bilked for more than $1,100 each year on swipe fees,” MPC Executive Committee member and National Retail Federation Senior Director of Government Relations Dylan Jeon said. […] MMR April 25, 2024April 25, 2024 2 min read Dept. NonfoodGovernmentResults & InvestmentConsumersCompetitionLegal & CriminalExecutivesCOVID19Associates 0 Saving Bookmark this article Bookmarked
Department & Category FMI taps Julie Savoie to lead workforce initiatives ARLINGTON, VA – FMI – The Food Industry Association, has tapped Julie Savoie to lead the association’s strategic direction for, and implementation of, member workplace and workforce initiatives. She will also help oversee the FMI sustainability agenda. Julie Savoie “Workforce capabilities are one of FMI’s Imperative Issues and have become particularly urgent in recent years,” […] MMR April 25, 2024April 25, 2024 2 min read SustainabilityAssociatesPredictions and ForecastsUnileverMarketing: Social MediaExecutivesDept. NonfoodDept. GroceryData & InsightsConsumers 0 Saving Bookmark this article Bookmarked
Channel: Delivery Foxtrot, Dom’s sued amid mass layoff A class action complaint claims the companies violated the WARN Act by failing to give its employees at least 60 days notice of the mass layoff Grocery Dive April 25, 2024April 25, 2024 < 1 min read Q CommerceAssociates 0 Saving Bookmark this article Bookmarked
Associates & Employees Millions of Workers May Be Eligible for Overtime Under New Biden Rule The United States Department of Labor revealed that millions of workers may be eligible for overtime pay under President Joe Biden’s new rule. RetailWire April 24, 2024April 24, 2024 < 1 min read Associates 0 Saving Bookmark this article Bookmarked
Trends & External Forces UPMC Cuts 1,000 Jobs Due to Post-Pandemic Challenges UPMC, the largest employer in Allegheny County, Pennsylvania, is laying off about 1,000 employees. The cuts are a response to challenges in the post-pandemic healthcare market. RetailWire April 24, 2024April 24, 2024 < 1 min read COVID19Health & WellnessAssociates 0 Saving Bookmark this article Bookmarked
Associates & Employees The Department of Labor will raise overtime salary threshold to $44K in July, $59K next year The final rule expands overtime pay eligibility to millions of U.S. workers, the department said. Grocery Dive April 24, 2024April 24, 2024 < 1 min read Associates 0 Saving Bookmark this article Bookmarked
Associates & Employees Sprouts will pay $265K to settle federal discrimination charge A federal investigation determined the specialty grocer subjected employees in the Los Angeles area to sexual harassment and retaliation. Grocery Dive April 24, 2024April 24, 2024 < 1 min read Associates 0 Saving Bookmark this article Bookmarked
Department: Beverage Starbucks resumes bargaining with union after two sides thaw relationship In February, Starbucks and Workers United said they found a “constructive path forward,” marking a major strategic pivot for the coffee giant. CNBC April 24, 2024April 24, 2024 < 1 min read RestaurantsAssociatesDept. Beverage 0 Saving Bookmark this article Bookmarked
Technology & Innovation Marketers Spend on New Technologies While Battling Usage and Impact Challenges The 32nd edition of The CMO Survey examines reoccurring questions related to marketing spending and performance, marketing leadership, and marketing jobs. In addition, managing marketing technology, generative AI, growth, and sustainability are special topics covered in this edition. Here are top takeaways, based on a sample of 292 marketing leaders at for-profit U.S. companies, 94% […] 0 Author Missing April 24, 2024April 24, 2024 4 min read Technology & InnovationAIThick DataExecutivesDept. NonfoodSustainabilityEconomyStrategyShoppersPredictions and ForecastsCustomer ExperienceAssociatesMarketing: Direct & PersonalizationData VisualizationDept. ApparelCOVID19Data & InsightsESG and CSRAmazonMarketing: Social MediaMarketing: TradeMarketing: UGCOperations & Supply ChainPartnershipsTargetMarketing: Brand 0 Saving Bookmark this article Bookmarked
Department: Nonfood Ikea embarks on companywide AI literacy initiative Ikea workers can take a variety of courses, such as AI fundamentals and specialized training around ethical and responsible use of AI tools at work. RetailDive April 24, 2024April 24, 2024 < 1 min read Technology & InnovationAIAssociatesDept. Nonfood 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain U.S. Manufacturing is Growing but Employment Not Keeping Pace While President Biden continues to invest in U.S. manufacturing, job opportunities are simply not keeping up with the industry’s growth. SupplyChain247 April 24, 2024April 24, 2024 < 1 min read Operations & Supply ChainAssociates 0 Saving Bookmark this article Bookmarked
Technology & Innovation Amazon Details Employees’ Role In AI Model Improvement Amazon shared more details about how it’s improving the AI used in its cashierless checkout technology in response to concerns that employees are monitoring transactions. Consumer Goods Technology April 24, 2024April 24, 2024 < 1 min read Technology & InnovationAIAmazonAssociatesTech: CashierlessPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Trends & External Forces Where Does One U.S. Tax Dollar Go? See this visualization first on the Voronoi app. Where Does One U.S. Tax Dollar Go? This was originally posted on our Voronoi app. Download the app for free on Apple or Android and discover incredible data-driven charts from a variety of trusted sources. Come tax season, a common refrain is: “what do my taxes even […] Visual Capitalist April 24, 2024April 24, 2024 3 min read GovernmentData & InsightsHealth & WellnessEconomyESG and CSRAssociatesData VisualizationResults & InvestmentSustainabilityGoogleInclusivityPredictions and ForecastsDept. FuelTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Associates & Employees AI in wholesale distribution: Finding human-machine synergy In their excitement about the potential of AI to transform business, distributors shouldn’t overlook their workers. AI-human collaboration is key to success. Future of Commerce April 24, 2024April 24, 2024 < 1 min read Technology & InnovationAIOperations & Supply ChainAssociates 0 Saving Bookmark this article Bookmarked
Trends & External Forces CRN names Johnson director, education and events WASHINGTON—The Council for Responsible Nutrition (CRN) said that Sauda Johnson has joined its membership team as director of education and events. Johnson brings a wealth of experience to CRN, the leading trade association for the dietary supplement and functional food industry. She has successfully coordinated and led numerous special events, meetings, and conferences for prominent […] MMR April 24, 2024April 24, 2024 < 1 min read GovernmentUnileverPredictions and ForecastsMarketing: Social MediaHealth & WellnessDept. GroceryAssociates 0 Saving Bookmark this article Bookmarked
Shopper & Customer Trends in Retail: How Product Startups Can Adapt to Changing Consumer Behavior Retail is an ever-evolving industry that has seen its fair share of changes over the years. From traditional brick-and-mortar stores to the rise of e-commerce, product startups have had to adapt and keep up with changing consumer behavior. In recent years, technological advancements and shifting consumer preferences have caused significant disruptions in the retail landscape. […] Retail Bound April 23, 2024April 23, 2024 3 min read Technology & InnovationConsumersAIShoppersPredictions and ForecastsData & InsightsTrends: RetailCustomer ExperienceMarketing: Social MediaSustainabilityESG and CSRTargetMarketing: Direct & PersonalizationTech: AR and VRBrick and MortarMetaverseAssociatesMerchandisingMeta (Facebook)Operations & Supply Chain 0 Saving Bookmark this article Bookmarked
Associates & Employees Spar UK activates new retailer recruitment incentive Spar UK will highlighting its most recent retailer recruitment opportunity, designed to encourage forward thinking independent retailers to join Spar at an upcoming industry event. The symbol group is offering independent retailers from England, Scotland and Wales, who join Spar, £100,000 worth of free stock… This story continues at Spar UK activates new retailer recruitment […] Talking Retail April 23, 2024April 23, 2024 < 1 min read International - UKAssociatesPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Trends & External Forces FTC Looks to Block Tapestry’s $8.5 Billion Acquisition of Capri Holdings Saying that Tapestry’s planned purchase of Capri Holdings would eliminate head-to-head competition in the “accessible luxury” handbag market, the Federal Trade Commission (FTC) has authorized a lawsuit to block the $8.5 billion deal. The acquisition plan, announced in August 2023, would bring together some of the most iconic names in luxury, uniting Tapestry’s Coach, Stuart […] Retail TouchPoints April 23, 2024April 23, 2024 2 min read AcquisitionGovernmentCompetitionConsumersMergersPredictions and ForecastsAssociatesDept. ApparelAlbertsons / SafewayRegional GroceryKrogerMarketing: Social MediaBrick and MortarLegal & CriminalPackagingDivestituresStrategy 0 Saving Bookmark this article Bookmarked
Channel: Restaurants Why California Restaurants Can Rest Easy: The Enduring Appeal of Dining Out The restaurant industry has been obsessing with the rise of the minimum wage in California. Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® continues to insist that there are many more reasons the long-term outlook for the California restaurant sector is bright. So, here we go. In California, approximately 49.3% of households consist […] Grocerant Guru April 23, 2024April 23, 2024 4 min read RestaurantsConsumersDept. GroceryData & InsightsESG and CSRMarketing: Social MediaDept. NonfoodSustainabilityHealth & WellnessDeliveryEconomyDept. FreshTwitterPackagingUnileverConsultingTechnology & InnovationPredictions and ForecastsMeta (Facebook)InclusivityTrends: Food and BeverageAssociates 0 Saving Bookmark this article Bookmarked
Associates & Employees Retail union urges Northern Ireland politicians to protect shopworkers Retail trade union Usdaw has written to the first minister of Northern Ireland Michelle O’Neill and deputy first minister Emma Little-Pengelly, urging them to take action to support retail workers who continue to face violence and abuse, amid a huge increase in the number of… This story continues at Retail union urges Northern Ireland politicians […] Talking Retail April 23, 2024April 23, 2024 < 1 min read AssociatesPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Technology & Innovation Ikea Creates Training Ecosystem to Support AI Literacy for 3,500 Employees Ingka Group, parent company of Ikea Retail, has set ambitious targets for boosting the AI literacy of its organization, including AI training for approximately 3,000 employees and 500 executives. The initiative will include a variety of courses, tailored to the needs of employees at various levels and in different phases of their AI journeys, with […] Retail TouchPoints April 23, 2024April 23, 2024 2 min read Technology & InnovationAIAssociatesPredictions and ForecastsData & InsightsMarketing: Social MediaDept. NonfoodShoppersTargetExecutives 0 Saving Bookmark this article Bookmarked
Technology & Innovation Including Wonder, mmERCH, and Pandion: ten retail technology funding rounds you need to know about RTIH rounds up ten retail systems ventures who have recently secured significant investments in their businesses, including blockchain enabled Web3 fashion startups, customer journey management platforms, and computer vision and AI powered warehouse inventory monitoring solutions. 1. TheyDo Customer journey management platform, TheyDo, has secured an additional $34 million in a Series A+ funding round. […] Retail Technology Innovation Hub April 23, 2024April 23, 2024 7 min read Technology & InnovationAIPartnershipsResults & InvestmentData & InsightsOperations & Supply ChainMarketing: Social MediaRestaurantsPredictions and ForecastsShoppersTwitterSustainabilityStart UpsDept. ApparelInternationalStore LocationDeliveryTech: RoboticsDept. GroceryAssociatesMarketing: In StoreDept. NonfoodExecutivesblockchainAmazonDept. FuelStrategyFood DeliveryCustomer ExperienceInclusivityCryptoGoogleMarketing: Retail MediaMeta (Facebook)UnileverEconomyAutonomous VehiclesConsumersPricing & PromotionsPress ReleaseWalmart 0 Saving Bookmark this article Bookmarked
Associates & Employees Delta Air Lines Increases Pay as Unionization Attempts Continue Delta Air Lines is upping the pay for its nonunion workers, including flight attendants and ground staff, as it faces another unionization attempt. RetailWire April 23, 2024April 23, 2024 < 1 min read Associates 0 Saving Bookmark this article Bookmarked
Channel: Mass Channel: Mass Department: Consumer Durables Department: Nonfood Media & Marketing Data & Insights Shopper & Customer Trends & External Forces Merchandising Operations & Supply Chain Target’s April 2024 Circle Sale was its largest by sales lift Track General Merchandise spending free Access chart in Dash. Target’s April Circle Sale generated 7% more sales than the weekly average in the previous 4 weeks according to Earnest credit card data. This represents a 2 point acceleration in the Circle Sale’s contribution to Target’s topline compared to Target’s October sale. Target Circle is a […] Written by Earnest Research April 25, 2024April 25, 2024 Saving Bookmark this article Bookmarked
Department: Consumer Durables Media & Marketing Data & Insights Shopper & Customer Trends & External Forces Stores & Formats TikTok Shop customers spend more at lower ticket apparel retailers Download full TikTok Shop report Access TikTok and Panel data in Dash. TikTok Shop customers spent 26% of their apparel wallet on Off-Price Department Stores and 11% on Fast Fashion in the 12-months ended February 2024, compared to 24% and 7% for the average shopper. Conversely, TikTok Shop users spent less than their peers at […] Written by Earnest Research April 24, 2024April 24, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces Corporate Finance Corporate Purpose ESG Media & Marketing Data & Insights Technology & Innovation Trends & External Forces Associates & Employees Where Does One U.S. Tax Dollar Go? See this visualization first on the Voronoi app. Where Does One U.S. Tax Dollar Go? This was originally posted on our Voronoi app. Download the app for free on Apple or Android and discover incredible data-driven charts from a variety of trusted sources. Come tax season, a common refrain is: “what do my taxes even […] Written by Visual Capitalist April 24, 2024April 24, 2024 Saving Bookmark this article Bookmarked
Technology & Innovation Technology & Innovation AI boosts innovation in ingredient selection, formulation AI could minimize the traditional trial-and-error approach in product development. Written by Supermarket Perimeter April 24, 2024April 24, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Data & Insights Trends & External Forces Google Won’t Pull Cookies In 2024 Google announces it’s delaying its self-imposed deadline to deprecate third-party cookies on Chrome for the third time. The post Google Won’t Pull Cookies In 2024 appeared first on AdExchanger. Written by AdExchanger April 23, 2024April 24, 2024 Saving Bookmark this article Bookmarked