Corporate Finance Express Files for Bankruptcy, to Close Nearly 100 Stores Longtime mall retailer Express filed for Chapter 11 bankruptcy protection on Monday, however, a group of investors led by brand management firm WHP Global is looking to save the company by acquiring it. Express, whose portfolio includes its namesake banner, Bonobos and UpWest, said it will close 95 of its eponymous shops and all of […] TotalRetail April 22, 2024April 23, 2024 2 min read BankruptcyData & InsightsBrick and MortarWalmartOperations & Supply ChainOmnichannelTechnology & InnovationStore LocationMarketing: In StoreMarketing: BrandExecutivesStrategyConsumersPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
CPG: Food Cadbury takes 200th anniversary celebrations to One Stop One Stop customers will be able to participate in Cadbury’s 200th anniversary celebrations this April. From the 23 April until the 19 May, 20 One Stop stores will be having a purple take over to mark the iconic Cadbury brand’s landmark milestone. From bunting, posters,… This story continues at Cadbury takes 200th anniversary celebrations to […] Talking Retail April 22, 2024April 22, 2024 < 1 min read MondelezPredictions and ForecastsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Mass Wrangler, M&S, Anthropologie and More Mark Earth Day with New Sustainability Initiatives Brands have been touting their green credentials and launching new initiatives all month in the leadup to Earth Day, and those efforts have peaked now that that April 22 has arrived. Among the brands that saved their announcements for the day itself are Kering, Marks & Spencer, Wrangler, Asics and Anthropologie, all of which showcased […] Retail TouchPoints April 22, 2024April 22, 2024 6 min read SustainabilityConsumersDept. ApparelPartnershipsPackagingInternational - UKPhilanthropyShoppersHoliday & EventsPredictions and ForecastsMarketing: Social MediaHealth & WellnessTechnology & InnovationDept. BeverageInternationalExecutivesReturnsMarketing: In StoreOperations & Supply ChainBrick and MortarRecommerceDeliveryThick DataWalmartESG and CSRDept. NonfoodDept. Natural / OrganicData & InsightsAssociates 0 Saving Bookmark this article Bookmarked
Trends & External Forces Retail economic indicators: the question of the UK’s floor space There are millions of economic indicators guiding policy around the world. However, just eight are considered Main Indicators, including GDP, interest, and inflation growth rates. All of these add up to create a country’s economic profile. That’s in the grand scheme of things. Down at street level, many of the same indicators apply to people […] Retail Technology Innovation Hub April 22, 2024April 22, 2024 3 min read International - UKData & InsightsEconomyBrick and MortarWeatherDept. NonfoodPredictions and ForecastsAssociatesDept. PetPricing & PromotionsResults & InvestmentConsumersShoppersLegal & Criminal 0 Saving Bookmark this article Bookmarked
Trends & External Forces Walmart adding 22 health clinics BENTONVILLE, Ark. — Walmart said it will open 22 Walmart Health clinics this year, including 18 in Texas. With the additions, Walmart will operate more than 70 physician-staffed health clinics in five states by year’s end. The company plans to introduce the clinics to a sixth market, Arizona, in 2025. “Walmart Health remains focused on […] MMR April 22, 2024April 22, 2024 3 min read Health & WellnessWalmartDept. HBCCOVID19ExecutivesDept. BeverageMarketing: In StoreDeliveryDept. PharmacyStore LocationPredictions and ForecastsInclusivityMarketing: Direct & PersonalizationBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger and Albertsons update divestiture plan with C&S The grocery chains have increased the number of stores they plan to divest and added other assets to the deal as they press ahead with their embattled merger plan. Grocery Dive April 22, 2024April 22, 2024 < 1 min read DivestituresRegional GroceryKrogerAlbertsons / SafewayMergersBrick and Mortar 0 Saving Bookmark this article Bookmarked
Stores & Formats Express files for bankruptcy, plans to close nearly 100 stores as investor group looks to save the brand Longtime mall retailer Express filed for bankruptcy and plans to close nearly 100 stores as an investor group looks to save it from extinction. CNBC April 22, 2024April 22, 2024 < 1 min read Brick and MortarBankruptcy 0 Saving Bookmark this article Bookmarked
Department & Category After 25 Years, a Rebrand is Just the Beginning for Edible Twenty-five years ago, Tariq Farid saw some fruit displayed in a unique way at an event. He turned the idea into a business — and Edible Arrangements into a household name. But his daughter, Somia Farid Silber, who’s now the company’s President, isn’t coasting on the company’s past success — she’s too busy thinking about […] Retail TouchPoints April 22, 2024April 22, 2024 8 min read Dept. GroceryData & InsightsPredictions and ForecastsDept. FreshBrick and MortarShoppersConsumersMarketing: BrandTechnology & InnovationDeliveryDept. BeverageCannabisStore LocationMarketing: Social MediaLegal & CriminalOperations & Supply ChainCustomer ExperienceHealth & WellnessDept. HBCPartnershipsDoorDashHoliday & EventsMerchandisingPepsiCoStart UpsPop UpsResults & InvestmentStore FormatStrategyTargetDept. NonfoodFood DeliveryCOVID19Ubereats 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Inside the World’s Most Innovative Retail Stores As Head of Trends for Insider Trends, Jack Stratten has toured some of the world’s newest, and most innovative, retail stores. Through these tours, he has been able to uncover how consumer behaviors have shaped storytelling techniques, technology integration and more. During the NRF Big Show, Jack sat down with host Alicia Esposito to discuss […] Retail Remix Podcast April 22, 2024April 22, 2024 < 1 min read Technology & InnovationPodcastsBrick and MortarTrends: RetailIndustry Conferences and EventsPredictions and ForecastsConsumersExecutivesShoppers 0 Saving Bookmark this article Bookmarked
Stores & Formats Wayfair To Launch Its First Physical Furniture Store Next Month Wayfair, the online furniture retailer, announced its first physical store opening next month. RetailWire April 21, 2024April 21, 2024 < 1 min read Brick and Mortar 0 Saving Bookmark this article Bookmarked
Media & Marketing Cookieless In-store Identity Resolution with Bridg’s Neil Murphy The CPG Guys are joined for this episode by Neil Murphy, Chief Revenue Officer at Bridg, a data and audience platform built exclusively for brick and mortar retailers and their CPG partners that powers retail media success. The platform solves a longstanding challenge – identifying and targeting in-store customers that aren’t part of loyalty or […] The CPG Guys April 20, 2024April 20, 2024 2 min read PodcastsMarketing: Social MediaMarketing: In StoreData & InsightsStreamingPredictions and ForecastsMarketing: BroadcastCompetitionMarketing: Retail MediaMarketing: Loyalty & SubscriptionTechnology & InnovationPartnershipsSponsoredBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Restaurants Restaurants vs. Grocery Stores: The Battle for the Plate Regular readers of this blog know that for decades, grocery stores reigned supreme as the go-to for meal preparation and home meal replacement. However, the evolving consumer has been migrating. Recent trends show a shift in consumer behavior, with restaurants steadily chipping away at the grocery sector’s market share. According to Steven Johnson Grocerant […] Grocerant Guru April 20, 2024April 20, 2024 4 min read RestaurantsConsumersBrick and MortarDept. GroceryData & InsightsDeliveryDept. FreshStrategyPredictions and ForecastsPartnershipsDept. PerimeterTechnology & InnovationDept. Fresh PreparedDept. Natural / OrganicHealth & WellnessInclusivityNestlePricing & PromotionsTrends: Food and Beverage 0 Saving Bookmark this article Bookmarked
Department: Food Beyond Meat’s revamped burger hits shelves The company’s fourth generation of products is now available at grocery stores across the U.S., including Walmart. RetailDive April 20, 2024April 20, 2024 < 1 min read Dept. FreshWalmartBrick and Mortar 0 Saving Bookmark this article Bookmarked
Department & Category Cautious optimism remains despite slight fall in food sales in March Food sales in shops fell slightly in March compared with the previous month, according to official figures. The latest numbers from the Office for National Statistics (ONS) show that sales in food retailers fell while overall retail sales remained flat and non-food stores saw a… This story continues at Cautious optimism remains despite slight fall […] Talking Retail April 19, 2024April 19, 2024 < 1 min read Dept. GroceryPredictions and ForecastsDept. NonfoodBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Home Improvement ‘Fútbol’ Superstar Lionel Messi Set to Score with Lowe’s Loyalty Members Lowe’s has partnered with the world’s best-known soccer player, Lionel Messi, and his MLS Club Inter Miami CF, for programs that spotlight Messi’s skills at assisting on the field. Members of both the MyLowe’s Rewards and MVPs Pro Rewards loyalty programs will receive an “assist” in the form of 100 points to bring them closer […] Retail TouchPoints April 19, 2024April 19, 2024 2 min read LowesPartnershipsMarketing: Loyalty & SubscriptionShoppersPredictions and ForecastsMarketing: Social MediaAssociatesMarketing: BrandExecutivesData & InsightsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Technology & Innovation Beware of The Fake Podcast Invite Scam Two weeks ago, a podcast with a “top 1%” audience, whose listener net worth averaged $2.5 million, asked me to join as a guest. The host was familiar with my work, citing a recent CNBC appearance, and seemed ready to hold an engaging conversation. It seemed worthwhile, except the podcast was fake. With a bit […] Bigtechnology April 19, 2024April 19, 2024 4 min read Technology & InnovationPodcastsAILegal & CriminalAmazonPredictions and ForecastsGoogleData & InsightsBigTechMarketing: Social MediaMeta (Facebook)StreamingAssociatesMarketing: BroadcastDept. NonfoodTargetShoppersDept. BeverageExecutivesResults & InvestmentBrick and MortarStrategyGovernmentPress Release 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Kizik opens first pop-up store in NYC as part of brick-and-mortar push The hands-free footwear brand is expanding its physical presence, with plans to land in 500 wholesale doors and open six stores by the end of the year. RetailDive April 19, 2024April 19, 2024 < 1 min read Pop UpsDept. ApparelBrick and Mortar 0 Saving Bookmark this article Bookmarked
Stores & Formats Four stores raided in Darlington vape and cigarette crackdown About 140 illegal vapes and 12,000 cigarettes have been seized from four Darlington stores and a vehicle during a joint operation carried out by Darlington Council trading standards and Durham police. In addition, 6.5kg of hand-rolling tobacco was discovered and seized, with the help of… This story continues at Four stores raided in Darlington vape […] Talking Retail April 19, 2024April 19, 2024 < 1 min read Brick and MortarPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Stores & Formats Mini profile: Bigger town, bigger store When spades entered the ground for a housing project in Beaminster, Dorset, it was clear that the town was going to need more shopping space to serve new residents. That’s when a major extension to the Beaminster Spar store was conceived and carried out, as… This story continues at Mini profile: Bigger town, bigger store […] Talking Retail April 19, 2024April 19, 2024 < 1 min read Predictions and ForecastsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Shopper & Customer Rowan CEO on the Power of People in Creating Joyful Retail Moments Louisa Serene Schneider did not set out to be a CEO, let alone a founder. But inspiration struck while she was working for a retail-focused hedge fund and realized the lack of safe piercing options for consumers. This white space became even more obvious to Schneider when she was looking for a safe place to […] Retail TouchPoints April 19, 2024April 19, 2024 4 min read ConsumersExecutivesTechnology & InnovationInternationalTargetMarketing: Social MediaMarketing: In StorePredictions and ForecastsIndustry Conferences and EventsTrends: RetailPodcastsHome DepotESG and CSRDeliveryCVSStore LocationStrategyOperations & Supply ChainBrick and Mortar 0 Saving Bookmark this article Bookmarked
Department: Food Convenience Stores Elevated Fresh Foods Sales Success Crushing Blow for Grocery Deli’s At the intersection of growth fresh food sales specifically Ready-2-Eat and Heat-N-Eat prepared food the convenience store sector is simply trouncing the grocery store sector. In fact, Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® stated, grocery stores should be embarrassed by the way the convenience store sector and garnered share of […] Grocerant Guru April 19, 2024April 19, 2024 3 min read Dept. GroceryBrick and MortarDept. DeliDept. Fresh PreparedData & InsightsDept. FreshShoppersDept. PerimeterDept. Natural / OrganicDept. DairyConsumersEconomyHealth & WellnessMarketing: In StoreNestlePartnershipsPepsiCoRestaurantsAssociatesAlimentation Couche-Tard 0 Saving Bookmark this article Bookmarked
Stores & Formats Levi’s reopens Bangkok store as it eyes growth in the region The location, which features one of the brand’s tailoring shops, is part of a broader DTC strategy to grow its fleet of owned and operated stores. RetailDive April 19, 2024April 19, 2024 < 1 min read StrategyStore LocationBrick and Mortar 0 Saving Bookmark this article Bookmarked
Trends & External Forces NACDS lauds enactment of Oregon PBM Reform Bill SALEM, OR – The National Association of Chain Drug Stores (NACDS) is applauding the enactment of Oregon House Bill (HB) 4149. The measure, which was signed into law by Governor Tina Kotek (D), promises to help reduce prescription drug costs and preserve Oregonians’ vital access to pharmacy care by holding pharmacy benefit managers (PBM) accountable. […] MMR April 18, 2024April 18, 2024 2 min read Health & WellnessMarketing: Social MediaDept. PharmacyPredictions and ForecastsGovernmentExecutivesConsumersBrick and Mortar 0 Saving Bookmark this article Bookmarked
Shopper & Customer Michaels lowers prices on thousands of items IRVING, Texas — The arts & crafts specialty retailer Michaels has announced lower prices on over 5,000 items, offering its customers the opportunity to save on the products they buy most, the company said on Thursday. Lower prices are now in effect across such categories as home décor, art supplies, seasonal items, kids’ projects, wall […] MMR April 18, 2024April 18, 2024 2 min read ShoppersData & InsightsMerchandisingMarketing: In StorePricing & PromotionsMarketing: Direct & PersonalizationInternational - North AmericaExecutivesDept. ApparelBrick and Mortar 0 Saving Bookmark this article Bookmarked
Data & Insights Just Released: Q1 Home Furnishing Benchmark Exciting news – our Q1 Home Furnishing Benchmark Report is now available! In this week’s newsletter, we’ll dive into the latest trends and insights from the furniture and mattress industry’s performance at the beginning of the year. Join us as we uncover what these trends signify for the months ahead and how they might shape […] Trakwell.ai (formerly Doorcounts) April 18, 2024April 18, 2024 2 min read Data & InsightsTechnology & InnovationAIPredictions and ForecastsShoppersDept. ApparelMars Inc.BNPLThick DataTrends: FinanceBrick and MortarConsumersMarketing: TradeRecommerceTech: IoTPepsiCoTrends: Retail 0 Saving Bookmark this article Bookmarked
Shopper & Customer Once Again Fresh Food Focus Pays Off as Busy Consumers Embrace C-Store Eats Time-starved consumers are increasingly turning to convenience stores for their prepared food needs, according to new research I’ve been digging into. This is a major win for the c-store industry, which has invested heavily in recent years to develop high-quality, fresh food offerings. The 2024 Convenience Store News Realities of the Aisle Study, surveying […] Grocerant Guru April 18, 2024April 18, 2024 3 min read Dept. GroceryConsumersData & InsightsMarketing: Social MediaDept. FreshBrick and MortarDept. PerimeterDept. BeverageTwitterDept. DeliDept. Fresh PreparedMeta (Facebook)Dept. NonfoodESG and CSRPredictions and ForecastsShoppersTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Stores & Formats Kendra Scott teams up with LoveShackFancy on capsule collection The six-piece collection ties in design elements from both brands and will be available for purchase online and in Kendra Scott’s stores. RetailDive April 18, 2024April 18, 2024 < 1 min read Brick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Amazon begins offering Dash Carts to other grocers The plan comes a few weeks after the company announced it was pulling Just Walk Out technology from Amazon Fresh stores. RetailDive April 18, 2024April 18, 2024 < 1 min read AmazonTechnology & InnovationTech: CashierlessDept. FreshBrick and Mortar 0 Saving Bookmark this article Bookmarked
Technology & Innovation Why Amazon’s Just Walk Out initiative failed – and why it’s not the end of checkout free technology It recently emerged that Amazon’s Just Walk Out offering is being dropped from Amazon Fresh stores. However, it’s not checkout-free tech that’s failing, it’s the fact that Amazon’s checkout free solution doesn’t work, especially in grocery retailers, argues Will Glaser, Founder and CEO at Grabango. In the dynamic grocery retail landscape, a transformative wave is […] Retail Technology Innovation Hub April 18, 2024April 18, 2024 3 min read Technology & InnovationAmazonMarketing: Social MediaTwitterTech: CashierlessShoppersMerchandisingConsumersPredictions and ForecastsDept. FreshAldiRegional GroceryBrick and MortarStore FormatDept. PerimeterTrends: TechDept. Natural / OrganicCustomer ExperienceMarketing: Loyalty & SubscriptionExecutivesHealth & WellnessTrends: RetailMarketing: TradeTrends: ConsumerSponsored 0 Saving Bookmark this article Bookmarked
Media & Marketing JCPenney Aims to Give $500 Million Back to Customers with Revamped Rewards Program JCPenney is the latest retailer to reconfigure its rewards program with the debut of a simplified loyalty offering that nearly doubles the rate at which members earn rewards. With this enhanced earning potential, JCPenney estimates that it could return as much as half-a-billion dollars back to its customers in the form of rewards, said Katie […] Retail TouchPoints April 18, 2024April 18, 2024 2 min read Marketing: Loyalty & SubscriptionShoppersTargetRegional GroceryAlbertsons / SafewayPredictions and ForecastsMarketing: Social MediaCustomer ExperienceLowesCVSPricing & PromotionsStrategyDept. HBCExecutivesBrick and MortarMarketing: TradeMarketing: Direct & Personalization 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