Predictions and Forecasts

Gazing into the crystal ball and predicting what the future will hold.

  1. Retailer Media

Kroger Delivers its First-Party Data to the Yahoo DSP

Yahoo Advertising and Kroger Precision Marketing (KPM) — the retail media business of Kroger, powered by 84.51° — are teaming up to bring Kroger’s first-party, purchase-based audiences to the Yahoo Demand-Side Platform (DSP). Yahoo DSP advertisers can now activate KPM’s audiences to reach targeted consumers with their advertising and measure campaign results. While off-site advertising […]
2 min read
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  1. Trends & External Forces

Shopify President Harley Finkelstein talks Taylor Swift Effect and how it’s big business for online retailers

The Taylor Swift Effect isn’t just a pop culture headline, it’s also big business, and online retailers are well positioned to take advantage, says Shopify President Harley Finkelstein. In a LinkedIn post, he flagged up the example of creator and entrepreneur Cassey Ho, founder of Blogilates. With the release of Swift’s latest album, The Tortured […]
2 min read
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  1. Channel: Grocery

NACDS honors Hy-Vee’s Randy Edeker

PALM BEACH, Fla. – The National Association of Chain Drug Stores (NACDS) has recognized NACDS Past Chair Randy Edeker with chain pharmacy’s highest honor: the Sheldon W. Fantle Lifetime Achievement Award. Edeker served as chair of NACDS from 2015-2016. He held the titles of chairman, chief executive officer and president of Hy-Vee, Inc., from 2009 to 2022. He […]
2 min read
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  1. Channel: Mass

Walmart Debuts 300-Item Private Label Food Line, Opens Third Consolidation Center

Touted as its biggest private label launch in 20 years, Walmart has introduced Bettergoods, a line of 300 food products priced up to $15, with most products available for under $5. Many of the Bettergoods items — which span categories including frozen, dairy, snacks, beverages, pasta and chocolate — are unique to Walmart rather than […]
2 min read
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  1. Data & Insights

How To Automate E-Commerce Customer Service

Customer service is an important aspect of running a successful business. Whether you are selling products through your e-commerce website or a marketplace, effective customer service that is 24*7 is beneficial can be beneficial to boost sales and acquire loyal customers.  96% of customers admitted that customer service is an important factor in determining their […]
6 min read
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  1. Corporate Strategy

Summit Spotlight: Grow Beyond Mental, Physical, and Digital Availability DSI

In today’s competitive ecommerce environment, brands must be more data-driven and technology-enabled than ever before to engage consumers and grow their market share. They need to employ omnichannel retail strategies and new growth models such as voice, social, and visual commerce — fueled by the explosion of artificial intelligence (AI) — to synchronize their content […]
8 min read
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  1. Department: Nonfood

Ex-Camelot boss appointed as new Post Office chair

Nigel Railton, the ex-chief executive of the former national lottery operator Camelot, has been named as the new interim chair of the Post Office. Railton replaces Henry Staunton, who was sacked earlier this year. He was appointed by business secretary Kemi Badenoch, due to his experience… This story continues at Ex-Camelot boss appointed as new Post […]
< 1 min read
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  1. International

Monster relaunches SalesSupercharged.co.uk convenience retailer support initiative

Coca-Cola Europacific Partners (CCEP) and the Monster Energy Co have relaunched its SalesSupercharged.co.uk convenience retailer support initiative for a fourth year, helping independent convenience retailers to make the most of the ever-growing energy drinks sales opportunity – and provide chances to win prizes The online… This story continues at Monster relaunches SalesSupercharged.co.uk convenience retailer support […]
< 1 min read
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  1. CPG: Food

Müller launches milk drinks category advice programme

Dairy specialist Müller has unveiled a new category advice initiative for milk drinks to complement its “Make Pots of Profit” advice programme for yogurts and desserts launched last year. Müller says the milk drinks category is huge, with sales of £350m a year in convenience… This story continues at Müller launches milk drinks category advice […]
< 1 min read
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  1. Department: Beverage

Costa Coffee RTD presents festival on-pack promotion

Costa Coffee’s RTD range is giving consumers the chance to win tickets to major UK music festivals across its ready-to-drink (RTD) packs. Coca-Cola Europacific Partners Great Britain (CCEP) has announced a new summer on-pack promotion across its Costa Coffee RTD chilled coffee range, giving consumers… This story continues at Costa Coffee RTD presents festival on-pack […]
< 1 min read
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  1. Partnerships & Alt Profit

Cawston Press partners with Inside Out 2

Cawston Press is offering families a chance to win a trip to Lisbon via a competition on its Fruit Waters packs in celebration of Disney and Pixar’s Inside Out 2. The on-pack promotion will run across Cawston Press Fruit Water flavours including Apple & Summer… This story continues at Cawston Press partners with Inside Out […]
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  1. Shopper & Customer

Pottery Barn Teen Enhances Dorm Room Shopping, Adds Design Services

Pottery Barn Teen has upgraded its digital tools and added design services for young shoppers figuring out how to furnish their college rooms. New features of the Pottery Barn Dorm platform include the “Build My Bed” Visualizer, which guides customers through a 3D rendering of each layer of their Twin XL bed, using proprietary AR […]
2 min read
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  1. Media & Marketing

Full-Funnel Outcomes: How to Measure Impact Across the Changing Customer Journey

Live Webinar Full-Funnel Outcomes: How to Measure Impact Across the Changing Customer Journey Join Nielsen on Wednesday, May 21, 2024 at 1pm ET / 10am PT Register now Live Webinar Full-Funnel Outcomes: How to Measure Impact Across the Changing Customer Journey Join Nielsen on Wednesday, May 21, 2024 at 10am PT / 1pm ET Register […]
2 min read
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  1. Owned Brands (Private Label)

First-quarter sales, profit fall short at CVS

WOONSOCKET, R.I. — CVS Health missed first-quarter expectations and lowered its fiscal 2024 outlook as increased medical costs hurt its Medicare Advantage business. Its revised outlook assumes that the higher medical costs in its insurance business will persist throughout the year, the company said May 1. CVS owns health insurer Aetna, which, like other insurers, […]
2 min read
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  1. Operations & Supply Chain

Shein Shoppers can Now Make Returns at Forever 21

Popular shopping app Shein has expanded its partnership with Forever 21 to allow its customers to return orders at Forever 21’s more than 300 U.S. stores, powered by Happy Returns. Last fall Shein and Forever 21, which is owned by brand management firm Authentic Brands Group, announced a joint venture that has included the sale […]
2 min read
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  1. Department: Food

Wesco C-store Chain Revolutionizes Sales with Technology and Delivery: A Look at the Power of Third-Party Delivery

  Steven Johnson is the Grocerant Guru® at Tacoma, WA based Foodservice Solutions®.  He has been closely monitoring the trends in the convenience store industry, restaurant industry, grocery service Deli’s and more with a particular interest in Ready-2-Eat and Heat-N-Eat fresh prepared food. Food marketing messaging with relevance matters and Wesco is finding success with […]
4 min read
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  1. Data & Insights

The Surge of LED Light Bulbs in Home Improvement

The home improvement sector has witnessed considerable evolution in recent years, but a particularly standout story has been the impressive growth in LED light bulb sales. This segment not only demonstrates the industry’s adaptability to consumer demands for energy efficiency and smart home compatibility but also highlights the shifting dynamics among leading retailers. A Bright […]
3 min read
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  1. Trends & External Forces

Unusually wet weather could lead to bread, beer and cooking oil price hikes

New analysis has revealed the impact that this year’s unprecedented wet weather may have on the UK harvest of some key crops potential leading to price rises of bread, vegetable oil and beer. The analysis from the Energy and Climate Intelligence Unit (ECIU), estimates that the… This story continues at Unusually wet weather could lead to […]
< 1 min read
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  1. Department: Beverage

Bottlegreen teams with Edwards 1902 to launch Vodka Spritz

Bottlegreen, the soft drink brand owned by SHS Drinks, has collaborated with English distiller Edwards 1902 to launch a range of Bottlegreen Vodka Spritz in cans. The 250ml cans will be available in three 5% ABV flavours – Elderflower; Raspberry; and Lime & Mint (RRP… This story continues at Bottlegreen teams with Edwards 1902 to […]
< 1 min read
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  1. International

Heineken UK launches new campaign for Cruzcampo

Heineken UK is launching its first consumer marketing campaign for Sevillian lager brand Cruzcampo with the ‘Choose to Cruz’ strapline. The new initiative aims emphasise the brand’s Spanish heritage, tapping into the demand for Mediterranean styles this summer, while also speaking to the more relaxed… This story continues at Heineken UK launches new campaign for […]
< 1 min read
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  1. Trends & External Forces

Walmart’s Kevin Host elected NACDS chair

PALM BEACH, Fla. – At the National Association of Chain Drug Stores (NACDS) Annual Meeting Business Program today, newly elected NACDS Chair Kevin Host urged that industry leaders continue to create, to advocate, and to collaborate — so that pharmacies may continue to deliver “never-ending innovations” across the total store for Americans in their moments […]
3 min read
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  1. Shopper & Customer

Digital Perfect Store

Creating the Perfect Store online merges the essence of physical retail success with digital sophistication to harness the burgeoning eCommerce wave. As traditional brick-and-mortar tactics evolve into eCommerce strategies, brands face the challenge of adapting to a retail landscape where the physical and digital merge seamlessly. What is the Perfect Store Online? At its core, […]
3 min read
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  1. Media & Marketing

Four Measures Of Brand Progress

Measuring brand progress allows a marketer to gauge how well the brand strategy is working, the impact marketing activity is having, and to keep an eye on the competition. The four measures below are among the most important for gauging brand success. These dimensions tend to develop at different rates, which means that the most […]
2 min read
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  1. Data & Insights

Generative AI and Cloud Insights Webcast

Join YipitData’s Nick Shields, Matt Wegner, and Chris Goessling, on May 08, 2024 at 1:00 PM ET for a read into AI and the Cloud at AMZN, GOOG, MSFT, and Chat GPT. The team will discuss: AI product adoption and revenue growth at AWS, Azure & GCP Reads into training vs. inference workloads Pricing vs. […]
< 1 min read
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  1. Department: Food

Swizzels presents Strawberry & Cream flavour Squashies

Sweet manufacturer Swizzels has announced the launch of Squashies Strawberry & Cream, supporting the increased demand for new flavours from the brand. Clare Newton, trade marketing manager at Swizzels, said: “Our mouth-watering Squashies Strawberry & Cream flavour reflects our dedication to creating exciting new taste… This story continues at Swizzels presents Strawberry & Cream flavour […]
< 1 min read
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  1. CPG: Food

Post-Brexit border checks begin; food price rises expected

UK inspections of European food, animal and plant product imports have come into force. Aimed at improving biosecurity, plant and animal inspectors will examine a proportion of imported goods including fresh meat, fish, and dairy produce. Importers fear this will disrupt supply chains, particularly for… This story continues at Post-Brexit border checks begin; food price […]
< 1 min read
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  1. Retailer Media
  2. Channel: Mass
  3. Corporate Strategy
  4. Partnerships & Alt Profit
  5. Media & Marketing
  6. Retailer Media
  7. Agencies & Vendors
  8. Data & Insights
  9. Shopper & Customer
  10. Trends & External Forces

Kroger Delivers its First-Party Data to the Yahoo DSP

Yahoo Advertising and Kroger Precision Marketing (KPM) — the retail media business of Kroger, powered by 84.51° — are teaming up to bring Kroger’s first-party, purchase-based audiences to the Yahoo Demand-Side Platform (DSP). Yahoo DSP advertisers can now activate KPM’s audiences to reach targeted consumers with their advertising and measure campaign results. While off-site advertising […]
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  1. Channel: Ecommerce & Digital
  2. Channel: Grocery - Natural
  3. Department: Nonfood
  4. Corporate Finance
  5. Media & Marketing
  6. Retailer Media
  7. Data & Insights
  8. International
  9. Technology & Innovation
  10. Stores & Formats

Amazon tops expectations for revenue, earnings

SEATTLE – Amazon posted better-than-expected revenue and earnings in the quarter ended March 31. Net sales increased 13% from a year earlier to $143.3 billion. The company reported first-quarter net income of $10.4 billion, or 98 cents a diluted share, compared to $3.2 billion a year earlier. Amazon’s operating income surged to $15.3 billion, up […]
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  1. Trends & External Forces
  2. Department & Category
  3. Department: Food
  4. Department: HBC
  5. Corporate Strategy
  6. ESG
  7. Technology & Innovation
  8. Trends & External Forces
  9. Associates & Employees
  10. Stores & Formats

Walmart to close all 51 health centers

BENTONVILLE, Ark. — Walmart today said it has made the “difficult decision” to close its Walmart Health and Walmart Virtual Care clinics, citing a lack of profitability. “The decision to close all 51 health centers across five states and shut down the virtual care offering was not easy. We understand this change affects lives – […]
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