Trends & External Forces In Evolving Industry Landscape, Changes in Big-Box Retail Tell a Fascinating Story At a time when the commercial real estate landscape is evolving with unprecedented speed, changes in big-box retail are an important storyline. Appreciating how and why big-box concepts have thrived in a post-pandemic environment, and understanding the logic behind decision making with regard to everything from store layouts to merchandising, is an important first step […] 0 Author Missing March 29, 2024March 29, 2024 3 min read ConsumersBrick and MortarPredictions and ForecastsBOPISCOVID19Operations & Supply ChainWalmartStore LocationAmazonAssociatesMarketing: In StoreCostcoEconomyDept. NonfoodRestaurantsMerchandisingMarketing: Loyalty & SubscriptionSustainabilityInclusivityHoliday & EventsDept. Sporting goodsDept. HBCTargetTechnology & InnovationExecutives 0 Saving Bookmark this article Bookmarked
Associates & Employees Waffle House Workers Strike for Fair Pay and Better Working Conditions Waffle House workers in Conyers, Georgia, are now on their third day of striking over what they call the company’s unfair policies. Led by the Union of Southern Service Workers (USSW), Waffle House employees are demanding an end to the mandatory “meal credit” deductions from their paychecks, along with better wages and improved working conditions. RetailWire March 29, 2024March 29, 2024 < 1 min read Associates 0 Saving Bookmark this article Bookmarked
Shopper & Customer Revolutionizing Retail Contracts: How Going Digital Saves Time and Money Picture a bustling retail environment—efficiency is not just desired; it’s essential. For retail managers eyeing the prospect of going digital, the lure of slashing time and expenses is compelling. The switch to digital document management, particularly online PDF editors for contracts, promises more than a mere upgrade; it is a transformative stride toward streamlined operations. […] Retail Minded March 29, 2024March 29, 2024 3 min read Operations & Supply ChainInternationalPredictions and ForecastsAssociatesCustomer ExperienceSustainabilityResults & InvestmentPricing & PromotionsTechnology & InnovationShoppersDept. FuelMondelezDept. NonfoodInternational - UKConsumersTrends: RetailMarketing: In Store 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Trader Joe’s new grab-and-go store draws rebuke from national union The company’s Pronto shop in New York City replaces its former wine shop that closed down nearly two years ago. Grocery Dive March 28, 2024March 28, 2024 < 1 min read Trader JoesAssociatesDept. Adult BevDept. Beverage 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Lidl US cuts corporate jobs across 3 business units The layoffs come a little over a year after the discounter let go of roughly 200 workers stateside. Grocery Dive March 28, 2024March 28, 2024 < 1 min read LidlAssociates 0 Saving Bookmark this article Bookmarked
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 […] Retail TouchPoints March 28, 2024March 28, 2024 2 min read AcquisitionHome DepotOperations & Supply ChainShoppersPredictions and ForecastsMarketing: Loyalty & SubscriptionMarketing: Social MediaExecutivesInternationalLowesDept. NonfoodDept. AppliancesDeliveryBrick and MortarAssociates 0 Saving Bookmark this article Bookmarked
Associates & Employees Inside Levi’s first campaign from new creative agency Chief Marketing Officer Kenny Mitchell explains how “The Floor Is Yours” positions the brand as the “unofficial uniform for progress.” RetailDive March 28, 2024March 28, 2024 < 1 min read ExecutivesAssociates 0 Saving Bookmark this article Bookmarked
Technology & Innovation Inventory monitoring startup Gather AI bags $17 million in funding to transform supply chain traceability Gather AI, a provider of computer vision and AI powered warehouse inventory monitoring solutions, has announced a $17 million Series A-1 round led by Bain Capital Ventures with participation from Tribeca Venture Partners, Dundee Venture Capital, Expa, and Bling Capital. This provides a total of $34 million raised to date. The cash will be invested […] Retail Technology Innovation Hub March 28, 2024March 28, 2024 2 min read Technology & InnovationAIOperations & Supply ChainResults & InvestmentPartnershipsMarketing: Social MediaTwitterDept. GroceryStart UpsPredictions and ForecastsTech: RoboticsDept. BeverageAssociatesExecutivesData & Insights 0 Saving Bookmark this article Bookmarked
Shopper & Customer Canada Goose to cut 17% of its corporate workforce, following string of retail layoffs Canada Goose said Tuesday that it will cut about 17% of its corporate workforce as consumers continue to pull back on discretionary spending. CNBC March 27, 2024March 27, 2024 < 1 min read International - North AmericaAssociatesConsumers 0 Saving Bookmark this article Bookmarked
Technology & Innovation Devesh Mishra Appointed President of CoreAI at Keystone NEW YORK, NY — Keystone announced today the appointment of Devesh Mishra as President and Chief Product and Technology Officer of CoreAI, marking a significant step toward the company’s objective to lead in innovation in artificial intelligence. Mr. Mishra, whose illustrious career spans over two decades in the tech industry, brings a wealth of experience […] Bigtechnology March 27, 2024March 27, 2024 3 min read Technology & InnovationAIData & InsightsOperations & Supply ChainAmazonExecutivesEconomyPredictions and ForecastsStrategyQ CommerceConsumersCompetitionGovernmentPepsiCoPricing & PromotionsAssociatesMarketing: In StoreInternational - UKConsultingAgencies 0 Saving Bookmark this article Bookmarked
Retailer Media 5 Challenges Facing Retail Media Only 41 percent of retailers find the current process for selling and buying retail media efficient. This insight has prompted discussions on how to continue its development, what’s working well, and where the major pain points exist. To succeed, retailers must address five critical challenges halting progress on retail media’s potential: 1. Internal Politics and […] TotalRetail March 27, 2024March 28, 2024 2 min read Marketing: Retail MediaData & InsightsTechnology & InnovationShoppersConsultingOmnichannelConsumersGovernmentMarketing: In StoreOperations & Supply ChainStrategyAssociatesAgencies 0 Saving Bookmark this article Bookmarked
Technology & Innovation How Retail Employees can Feel Safe to Learn Without Risk to Personal Brand With so many shifts in the market, the pressure is on to upskill your workforce. However, there is a balance between getting employees up to speed quickly and effectively while also fostering open communication and confidence. The retail industry can benefit from adopting new ways of allowing employees to train safely, creating a path to […] Retail TouchPoints March 27, 2024March 27, 2024 5 min read Technology & InnovationAIShoppersAssociatesGamingPredictions and ForecastsInternationalCustomer ExperienceSustainabilityMarketing: UGCLidlMarketing: Social MediaDeliveryDept. NonfoodESG and CSRInternational - UKInsight ProvidersStrategyRestaurantsConsumersPartnershipsAlimentation Couche-TardCircle KData & InsightsTrends: Retail 0 Saving Bookmark this article Bookmarked
Channel: Grocery Hy-Vee hires former Saatchi & Saatchi X chief WEST DES MOINES, IOWA — Hy-Vee, Inc. announced the hiring of Jessica Hendrix to oversee the regional grocery chain’s marketing and retail media network. Hendrix is joining Hy-Vee as executive vice president, chief marketing officer, and president of Hy-Vee’s retail media network, RedMedia, beginning on April 16. She will oversee Hy-Vee’s marketing efforts and serve […] MMR March 27, 2024March 27, 2024 2 min read Hy-VeeRegional GroceryMarketing: Retail MediaExecutivesShoppersMerchandisingAgenciesAssociatesMarketing: ShopperKraftHeinzUnileverNestleOperations & Supply ChainProcter & GambleRestaurantsMarketing: Brand 0 Saving Bookmark this article Bookmarked
Channel: Restaurants Marketing Brand Relevance Subway’s Way Renew, Refresh, and Revive the undercurrent of brand excitement is but one of the goals Subway is undertaken with its partnership with T. Marzetti Co. to sell their popular sauces in grocery stores according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. Here a few potential benefits to Subway: 1. Increased brand […] Grocerant Guru March 27, 2024March 27, 2024 4 min read RestaurantsDept. GroceryData & InsightsDept. FreshShoppersConsumersPartnershipsTechnology & InnovationPredictions and ForecastsBrick and MortarDept. PerimeterMarketing: Social MediaCustomer ExperienceAIKrogerTrends: TechPricing & PromotionsPepsiCoOperations & Supply ChainDeliveryHealth & WellnessMarketing: Loyalty & SubscriptionDept. Fresh PreparedAssociatesWalmartDept. ApparelExecutives 0 Saving Bookmark this article Bookmarked
Corporate Strategy Canada Goose to Cut 17% of its Corporate Workforce Canada Goose said Tuesday that it will cut about 17 percent of its corporate workforce, reports CNBC. This announcement follows a string of other retailers that have laid off employees this year as consumers continue to pull back on discretionary spending. The cuts will affect staff at Canada Goose’s corporate headquarters in Toronto, which had […] 0 Author Missing March 27, 2024March 27, 2024 < 1 min read International - North AmericaAssociatesDept. ApparelDept. Toys & GamesConsumersShoppersPredictions and ForecastsExecutivesDept. NonfoodDept. Fuel 0 Saving Bookmark this article Bookmarked
Department & Category Restaurant Chains in California Lay Off Workers Ahead of Fast-Food Wage Rise Fast-food chains in California are axing jobs to get ahead of the wage rise for the sector determined by a Californian state law that will take effect in April. RetailWire March 26, 2024March 26, 2024 < 1 min read Dept. GroceryRestaurantsAssociates 0 Saving Bookmark this article Bookmarked
Channel: Grocery Wegmans to Close Stores (Briefly) for Solar Eclipse Viewing Wegmans doesn’t want its employees (or its customers for that matter) to miss what will be the last total solar eclipse visible from North America for 20 years. The supermarket retailer will close 48 stores in upstate New York and Pennsylvania that are located in the “path of totality” from 3 to 3:30 p.m. ET […] Retail TouchPoints March 26, 2024March 26, 2024 < 1 min read WegmansMars Inc.Regional GroceryBrick and MortarAssociatesWalmartMarketing: Social MediaWarby ParkerPricing & PromotionsPredictions and ForecastsDept. PharmacyDeliveryBOPIS 0 Saving Bookmark this article Bookmarked
Trends & External Forces Merchants group criticizes proposed ‘swipe’ fee settlement WASHINGTON – A proposed agreement that would reduce “swipe” fees that retailers pay each time a shopper pays with a Visa or Mastercard is “a bad deal for merchants,” according to the Merchants Payments Coalition (MPC), a lobbying group advocating for a more competitive and transparent card system. The coalition is expressing its disappointment with […] MMR March 26, 2024March 26, 2024 2 min read CompetitionGovernmentExecutivesConsumersShoppersLegal & CriminalData & InsightsAssociates 0 Saving Bookmark this article Bookmarked
International Canada Goose cuts corporate workforce by 17%, shakes up executive roles As part of a DTC focus, the brand said about a year ago that it would double its footprint within five years, but some analysts anticipate that slowing. RetailDive March 26, 2024March 26, 2024 < 1 min read International - North AmericaExecutivesAssociates 0 Saving Bookmark this article Bookmarked
Data & Insights Future Forward: Zero-Party Data and the Evolution of Retail Advertising 2024 introduces distinct challenges for retail brands navigating data privacy amidst Google’s removal of cookies. Though cookie depreciation has been a looming threat since the original announcement back in 2020, Adtaxi’s 2024 Privacy Survey tells us that 33% of respondents still lack a cookie-replacement strategy. If your brand is in this category, there is no […] Retail TouchPoints March 26, 2024March 26, 2024 4 min read Data & InsightsTechnology & InnovationAIConsumersShoppersPredictions and ForecastsThick DataMarketing: Direct & PersonalizationTargetStrategyDept. ApparelAgenciesGoogleMarketing: Social MediaAssociatesBig DataTrends: RetailExecutivesMarketing: In StorePartnershipsSustainabilityTrends: Marketing 0 Saving Bookmark this article Bookmarked
Trends & External Forces FMI: health and wellness support becoming a pillar for grocers ARLINGTON, Va. — Building on burgeoning consumer interest in the link between health and nutrition, the grocery industry aims to raise its profile as a destination for a broad and expanding range of products and services that support customers’ well-being. Executives at FMI – The Food Industry Association recently examined the trend during a briefing […] MMR March 26, 2024March 26, 2024 3 min read Health & WellnessDept. GroceryConsumersGovernmentExecutivesStrategyThick DataDept. PharmacyData & InsightsAssociatesPredictions and ForecastsSustainabilityShoppersResults & InvestmentBrick and MortarMerchandisingMarketing: In StoreDept. Natural / OrganicDept. HBCTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Department: HBC Senators press for PBM reform at NACDS Event WASHINGTON — Retail pharmacy’s drive to secure enactment of meaningful PBM reform received a boost earlier this month when the leaders of the Senate Finance Committee spoke at a press briefing on Capitol Hill during NACDS RxImpact Day. Sens. Ron Wyden (D., Ore.) and Mike Crapo (R., Ind.), the chairman and ranking member of the […] MMR March 26, 2024March 26, 2024 2 min read Dept. PharmacyGovernmentResults & InvestmentExecutivesConsumersSponsoredBrick and MortarAssociates 0 Saving Bookmark this article Bookmarked
Shopper & Customer Inside Levi’s first campaign from new creative AOR TBWAChiatDay CMO Kenny Mitchell explains how “The Floor Is Yours” positions the brand as the “unofficial uniform for progress” and will “pass the pen” to consumers. MarketingDive March 25, 2024March 25, 2024 < 1 min read ConsumersExecutivesAssociates 0 Saving Bookmark this article Bookmarked
Channel: Restaurants 7 reasons Food Hall concept Wonder May outlast many legacy Restaurant Chains Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® believes that the delivery-centric food hall startup Wonder, founded by entrepreneur Marc Lore that has now raised $1.5 billion to date and plans to expand to 90 locations by the end of next year just might outlast many current legacy restaurant chains. Why, Wonder […] Grocerant Guru March 23, 2024March 23, 2024 3 min read RestaurantsDept. GroceryData & InsightsDeliveryStore LocationShoppersWalmartPackagingTechnology & InnovationMarketing: In StoreConsumersCustomer ExperienceExecutivesPricing & PromotionsPepsiCoPartnershipsDept. BabyOperations & Supply ChainAssociatesMarketing: Loyalty & SubscriptionDept. FreshAmazon 0 Saving Bookmark this article Bookmarked
Channel: Mass Target doubles bonuses for salaried employees The move comes as competitors, namely Walmart, sweeten their benefits. RetailDive March 22, 2024March 22, 2024 < 1 min read TargetAssociatesWalmart 0 Saving Bookmark this article Bookmarked
Stores & Formats Couche-Tard Deploys Unified Supply Chain and Planning Solution in North America Alimentation Couche-Tard, which operates Couche-Tard convenience stores in Canada and Circle K stores in the U.S., will deploy technology from Relex Solutions designed to enhance inventory management and in-stock positions. Relex’s AI- and machine learning-powered solutions include demand forecasting, replenishment and advanced space and floor planning functionalities. Integrating these systems will help Couche-Tard improve its […] Retail TouchPoints March 22, 2024March 22, 2024 < 1 min read Technology & InnovationAIOperations & Supply ChainStrategyAlimentation Couche-TardBrick and MortarMerchandisingMarketing: Social MediaShoppersCircle KPredictions and ForecastsInternational - North AmericaExecutivesAssociates 0 Saving Bookmark this article Bookmarked
Data & Insights Complete brief survey on the impact of retail crime and get entered into prize draw Retail crime – including shop theft, abuse and violence against store owners and their staff – is at record levels and has become a hot topic in the national news agenda over recent months. This week, alarming figures emerged from a second survey conducted by… This story continues at Complete brief survey on the impact […] Talking Retail March 22, 2024March 22, 2024 < 1 min read Thick DataPredictions and ForecastsLegal & CriminalAssociates 0 Saving Bookmark this article Bookmarked
Department & Category McDonald’s Franchisees Grapple With Minimum Wage Hike As California gears up for a substantial minimum wage increase for fast-food workers, franchise owners like Kerri Harper-Howie find themselves caught in the crossfire of economic tensions. RetailWire March 22, 2024March 22, 2024 < 1 min read EconomyDept. GroceryAssociates 0 Saving Bookmark this article Bookmarked
Media & Marketing David’s Bridal Looks Beyond Dresses in New Partnership with PersonalizationMall David’s Bridal has teamed up with PersonalizationMall.com to offer customers access to thousands of customizable items to make their special day even more special, including monogrammed gear, wedding day essentials and keepsakes. “The bride’s special day, and the festivities leading up to it, is all about her, and her experience should be personalized to reflect that,” said […] Retail TouchPoints March 22, 2024March 22, 2024 2 min read Marketing: Direct & PersonalizationShoppersDept. ApparelExecutivesBrick and MortarPartnershipsMarketing: Social MediaStrategyResults & InvestmentMergersBankruptcyOperations & Supply ChainAssociatesDept. NonfoodPredictions and ForecastsDeliveryTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Channel: Mass Target doubles bonuses for salaried employees as profits recover Target is doubling bonus payments as its profits recover following a bumpy nearly two-year stretch. CNBC March 22, 2024March 22, 2024 < 1 min read TargetAssociates 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Channel: Home Improvement Acquisitions, Divestitures & Mergers Corporate Finance Operations & Supply Chain Home Depot Acquires SRS for $18.25B, Boosting Pro Sales Home Depot recently announced its acquisition of SRS Distribution for a whopping $18.25 billion. This hefty investment marks the company’s boldest stride yet to seize a larger share of the professional market, particularly targeting contractors and roofers. Written by RetailWire March 28, 2024March 28, 2024 Saving Bookmark this article Bookmarked
Channel: Grocery Channel: Grocery Kroger to close 3 e-commerce fulfillment facilities The grocer said it will shutter one Ocado-powered spoke in South Florida and two others in Texas in late May. Written by Grocery Dive March 27, 2024March 28, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Corporate Strategy Media & Marketing Data & Insights Shopper & Customer Trends & External Forces Charted: Car Brand Loyalty in 2024 See this visualization first on the Voronoi app. Car Brand Loyalty in 2024 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. This graphic visualizes the best and worst car brands in terms of brand loyalty. […] Written by Visual Capitalist March 26, 2024March 26, 2024 Saving Bookmark this article Bookmarked
Retail Ecosystem ESG Media & Marketing Agencies & Vendors Retail Ecosystem Data & Insights International Shopper & Customer Technology & Innovation Trends & External Forces Operations & Supply Chain Key Takeaways From Shoptalk Spring 2024 Shoptalk always brings the best and brightest minds of the industry together for four days packed with insights, networking opportunities, trend predictions and so much more. This year, the spring event in Las Vegas was no exception. But like many other major industry events, Shoptalk can feel like you’re sprinting a marathon — there’s so […] Written by TotalRetail March 25, 2024March 26, 2024 Saving Bookmark this article Bookmarked
Department: Consumer Durables Department: Consumer Durables Corporate Strategy Corporate Finance Partnerships & Alt Profit Shopper & Customer Trends & External Forces Stores & Formats Nike Pivots, Embraces Wholesale Once Again Amid faltering demand for shoes and clothing as well as slipping digital sales, Nike Inc. said last week that it will bank a lot more on the thing it has spent the past several years turning away from: other retailers. Executives discussed those plans on Nike’s earnings call, during which it announced that while fiscal […] Written by TotalRetail March 25, 2024March 26, 2024 Saving Bookmark this article Bookmarked