Stores & Formats Over 45K retail stores may close in next 5 years: UBS E-commerce penetration is expected to rise, helped in part by third-party players like Temu and Shein, according to a new report. RetailDive April 29, 2024April 29, 2024 < 1 min read Brick and Mortar 0 Saving Bookmark this article Bookmarked
Shopper & Customer J. Jill to elevate customer service in some stores The retailer’s multifaceted “One Wardrobe. No Limits” effort is based on research revealing women’s frustration with the clothes in their closets. RetailDive April 29, 2024April 29, 2024 < 1 min read ShoppersBrick and MortarTechnology & InnovationDept. Apparel 0 Saving Bookmark this article Bookmarked
Channel: Grocery Albertsons Q4 2023 Earnings Recap Albertsons reported Q4 and full year 2023 earnings on April 22nd relatively in-line with expectations, marked by slightly better year-over-year net sales, positive but decelerating ID sales growth, and higher digital sales. The bigger news was an amendment to the divestiture of more stores ahead of the FTC hearings this summer. Download our full report […] The Harvest Group April 29, 2024April 29, 2024 < 1 min read Results & InvestmentRegional GroceryAlbertsons / SafewayGovernmentDivestituresData & InsightsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Grocery D.C. Harris Teeter stores implement new shoplifting strategy Kroger-owned grocer isn’t the first in the nation’s capital to impose restrictions Supermarket News April 29, 2024April 29, 2024 < 1 min read KrogerStrategyLegal & CriminalBrick and MortarResults & Investment 0 Saving Bookmark this article Bookmarked
Department & Category New staff headsets target small convenience operators A new lightweight headset designed for small and medium-size retail outlets such as convenience stores has been launched today at the National Convenience Show in Birmingham. Manufacturer VoCoVo says the VoCoVo Link wearable devices are aimed at improving team communication and safety and enable team… This story continues at New staff headsets target small convenience […] Talking Retail April 29, 2024April 29, 2024 < 1 min read TargetAssociatesPredictions and ForecastsMarketing: Social MediaDept. GroceryBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart becomes first brand in Roblox to enable physical purchases as it goes live with groundbreaking pilot Walmart is now able to sell physical goods directly to users inside Roblox. From today, Walmart Discovered users will be able to have real-life items shipped directly to their doorsteps. They will be greeted with a new storefront showcasing virtual twins of select items sold at physical Walmart stores. The feature will be gated specifically […] Retail Technology Innovation Hub April 29, 2024May 1, 2024 2 min read WalmartGamingTechnology & InnovationMarketing: Social MediaTwitterPredictions and ForecastsEconomyPartnershipsConsumersExecutivesDept. Toys & GamesDept. NonfoodDept. ApparelBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Amazon delivery gets faster SEATTLE – Amazon today said it continues to increase the speed with which it gets deliveries to customers. Nearly 60% of orders placed through Prime across 60 U.S. metro areas in the first quarter arrived the same day or next day, the company said. Prime members in major cities across the U.S. can get free […] MMR April 29, 2024April 29, 2024 < 1 min read DeliveryAmazonStore LocationShoppersPricing & PromotionsPredictions and ForecastsOperations & Supply ChainDept. HBCDept. ApparelBrick and Mortar 0 Saving Bookmark this article Bookmarked
Retail Operations Create omnichannel excellence in stores Associate-optimized digital tools empower store-driven omnichannel excellence. RetailDive April 29, 2024April 29, 2024 < 1 min read OmnichannelBrick and MortarDept. Nonfood 0 Saving Bookmark this article Bookmarked
Technology & Innovation Innovation, engagement soar at NACDS Annual Meeting PALM BEACH, Fla. – Sunday’s Business Program at the National Association of Chain Drug Stores (NACDS) Annual Meeting reflected NACDS’ commitment to innovation amid exponential change, through the strength of highly engaged retailer and supplier members and through effective and vibrant association leadership. Steven Anderson NACDS chair Mike Wysong, CEO of Care Pharmacies, and NACDS pPresident […] MMR April 28, 2024April 28, 2024 4 min read Technology & InnovationAIHealth & WellnessPredictions and ForecastsCOVID19Marketing: Social MediaExecutivesDept. PharmacyShoppersStrategyPartnershipsInclusivityBrick and MortarDept. GroceryESG and CSREconomyDept. NonfoodDept. FuelData & InsightsTrends: Retail 0 Saving Bookmark this article Bookmarked
Data & Insights How Has Customer Experience Been Transforming and What Value It Holds In The Future? From brick-and-mortar to e-commerce, businesses have been running successfully all these years by building their foundation on just a question — “What do customers want?” In the case of physical stores, products of good quality, stores with sufficient inventory, convenient locations, interactions from the staff, etc, were some of the primary things customers considered as […] Latest Shipment April 28, 2024April 28, 2024 5 min read Data & InsightsCustomer ExperienceShoppersTechnology & InnovationAIPredictions and ForecastsDeliveryMarketing: Direct & PersonalizationOperations & Supply ChainMarketing: Loyalty & SubscriptionReturnsAcquisitionPricing & PromotionsBrick and MortarCompetitionDept. NonfoodConsumersOmnichannelAssociatesConsultingTargetMarketing: In StoreMarketing: Social MediaMarketing: Trade 0 Saving Bookmark this article Bookmarked
Shopper & Customer Best Buy Partners with Content-Rich CNET to Share Ads and Expertise Best Buy and media site CNET will work together to provide shoppers with experts’ picks and product reviews throughout their purchasing journey. The retailer and tech publisher’s new partnership also will allow advertisers to share ad spaces across both ecosystems, allowing them to see the impact of their campaigns through a full-funnel, closed-loop media solution. […] Retail TouchPoints April 28, 2024April 28, 2024 2 min read PartnershipsConsumersBest BuyTechnology & InnovationData & InsightsShoppersMarketing: Social MediaExecutivesMarketing: Retail MediaMarketing: Direct & PersonalizationBrick and MortarMarketing: UGCPredictions and ForecastsMarketing: In StoreThick Data 0 Saving Bookmark this article Bookmarked
Department: Food Dinner Time Nostalgia: Comfort Food Drives Fresh Prepared Meal Sales Busy schedules and changing lifestyles have fueled the rise of fresh prepared Ready-2-Eat and Heat-N-Eat meals and meal components from restaurants, convenience stores and in grocery stores. But what’s influencing what consumers choose? Enter the surprising factor of nostalgia. Now according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. Today people […] Grocerant Guru April 28, 2024April 28, 2024 3 min read Dept. FreshDept. GroceryDept. PerimeterDept. Fresh PreparedData & InsightsUnileverMarketing: Social MediaBrick and MortarConsumersDept. DairyTwitterRestaurantsMeta (Facebook)Predictions and ForecastsNestleESG and CSRDept. Deli 0 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit Toys ‘R’ Us to Add 30 New UK Shop-in-Shops via Expanded Partnership with WHSmith A little less than one year after Toys ‘R’ Us made its return to the world of UK brick-and-mortar via nine shop-in-shops in WHSmith stores, TRU parent company WHP Global has announced plans to expand the partnership and add 30 new locations by this summer. Image courtesy WHP Global WHSmith’s High Street stores will now […] Retail TouchPoints April 27, 2024April 27, 2024 3 min read PartnershipsDept. NonfoodDept. Toys & GamesInternational - UKBrick and MortarFlagship StoresHoliday & EventsPredictions and ForecastsMarketing: Social MediaBankruptcyInternationalMergersStrategyDept. ApparelKohlsMarketing: BrandResults & InvestmentAcquisition 0 Saving Bookmark this article Bookmarked
Trends & External Forces Funding the vape war will cost £140m for an army of inspectors, says ACS The Association of Convenience Stores (ACS) has called on the government to provide trading standards in England with £140m over the next five years to fund 400 enforcement officers, aimed at tackling the rising tide of illegal vape devices being distributed in England. Research released… This story continues at Funding the vape war will cost […] Talking Retail April 26, 2024April 26, 2024 < 1 min read GovernmentTechnology & InnovationPredictions and ForecastsBrick and Mortar 0 Saving Bookmark this article Bookmarked
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
Stores & Formats The Weekly Closeout: Layoffs at Lululemon and Mango opens more stores The athletics retailer had a round of layoffs as it shuttered a distribution center and Mango opened locations in Washington, D.C., and Boston. RetailDive April 26, 2024April 26, 2024 < 1 min read Dept. ApparelBrick and MortarOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Stores & Formats Asda’s c-stores trialling display screens for spirits sales Asda is running a trial of digital spirits display screens in 23 of its Express stores, in partnership with Diageo. The screens allow customers to select from a larger choice of spirits, with the range increasing from 13 or 26 products to 50. The screens… This story continues at Asda’s c-stores trialling display screens for […] Talking Retail April 26, 2024April 26, 2024 < 1 min read Dept. BeverageDept. Adult BevBrick and MortarPredictions and ForecastsPartnershipsCPG: Adult Beverage 0 Saving Bookmark this article Bookmarked
Data & Insights Last Week’s Retail Performance Highlights Last week, foot traffic in the furniture industry was 48% higher on the West Coast compared to the east, and 33% higher than the industry average. In this week’s newsletter, we’ll dive into the latest trends and insights from the furniture and mattress industry’s performance last week. Discover how these trends will impact the industry […] Trakwell.ai (formerly Doorcounts) April 26, 2024April 26, 2024 2 min read Data & InsightsTechnology & InnovationAIPredictions and ForecastsThick DataConsumersEconomyStore LocationBrick and MortarHoliday & EventsSustainabilityShoppersTrends: Retail 0 Saving Bookmark this article Bookmarked
Media & Marketing Rebag, Newegg Join Growing List of Retailers Launching Membership Programs Membership programs are quickly becoming 2024’s hottest accessory, whether you’re a luxury resale platform or an electronics ecommerce site. Online marketplaces Rebag and Newegg have joined the growing roster of retailers launching membership programs. This year alone, the list of retailers that have launched or beefed up their loyalty and membership programs includes Albertsons, Carter’s, PetSmart, Target, Sunglass […] Retail TouchPoints April 26, 2024April 26, 2024 2 min read RecommerceMarketing: Loyalty & SubscriptionShoppersPredictions and ForecastsReturnsRegional GroceryAlbertsons / SafewayPricing & PromotionsLowesCVSTargetMarketing: TradeMarketing: Social MediaOperations & Supply ChainDept. NonfoodDeliveryBrick and MortarMarketing: Direct & PersonalizationExecutivesResults & InvestmentDept. HBCDept. Consumer ElectronicsConsumers 0 Saving Bookmark this article Bookmarked
Stores & Formats New stores, comps drive Tractor Supply’s Q1 sales to $3.4B The company is pressing forward with plans to open 80 stores and its 10th distribution center this year. RetailDive April 26, 2024April 26, 2024 < 1 min read Brick and MortarTractor Supply CompanyOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Shopper & Customer Mother’s Day spending expected to hit $33.5 billion WASHINGTON – Mother’s Day spending is expected to reach $33.5 billion this year, according to the annual consumer survey by the National Retail Federation and Prosper Insights & Analytics. The figure is the second highest in the history of the survey, following last year’s record $35.7 billion. “Mother’s Day is a time to celebrate the […] MMR April 25, 2024April 25, 2024 2 min read ConsumersDept. NonfoodHoliday & EventsThick DataExecutivesData & InsightsBrick and MortarShoppersStrategy 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart removes self-checkout from select stores The retailer joins other Target, Dollar General and other chains in recalibrating its reliance on self-service and rethinking the checkout experience. Grocery Dive April 25, 2024April 25, 2024 < 1 min read WalmartTech: CashierlessBrick and MortarDollar GeneralTarget 0 Saving Bookmark this article Bookmarked
Technology & Innovation Simon Adds VIP Suite to Kick Off Woodbury Common Expansion Mall operator Simon revealed big plans to expand its Woodbury Common Premium Outlet center in Fall 2023, including the addition of 155,000 square feet of retail stores and restaurants, a 200-key luxury hotel, a second parking facility and upgraded amenities. To cement the center’s image as a luxury destination, the first enhancement will be a […] Retail TouchPoints April 25, 2024April 25, 2024 2 min read Technology & InnovationAIBrick and MortarShoppersPredictions and ForecastsCustomer ExperienceMarketing: Social MediaMarketing: Retail MediaOmnichannelChatGPTHoliday & EventsMarketing: Direct & PersonalizationOperations & Supply ChainPartnershipsRestaurants 0 Saving Bookmark this article Bookmarked
Stores & Formats Online Marketplace Faire Launches Academy For Would-Be Retailers Faire, the online marketplace that connects small retailers with small vendors and brands, is expanding its efforts to encourage more would-be retailers to open stores. Joan Verdon - Forbes April 25, 2024April 25, 2024 < 1 min read VendorsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Stores & Formats The Backroom: With more closures ahead, what’s next for Macy’s? Under a new CEO, the iconic department store is fielding a $6.6 billion takeover offer, shuttering another 150 stores and fighting to stay relevant. RetailDive April 25, 2024April 25, 2024 < 1 min read ExecutivesBrick and Mortar 0 Saving Bookmark this article Bookmarked
Stores & Formats Making AI Really Work for Retail Like every industry, retail is experiencing an artificial intelligence boom — and like other industries that operate with such small profit margins, any competitive edge is not only welcome but necessary to survive. AI offers benefits in five key areas for retailers: personalization, visual search, virtual reality (VR) and augmented reality (AR), predictive analytics, and […] TotalRetail April 25, 2024April 25, 2024 4 min read Technology & InnovationAIShoppersCustomer ExperienceData & InsightsTech: AR and VRWalmartMarketing: VoiceMarketing: Direct & PersonalizationPartnershipsPredictions and ForecastsTargetCOVID19ConsumersBrick and MortarOperations & Supply ChainInternational - North AmericaMetaversePackagingDept. ApparelPricing & PromotionsMarketing: In Store 0 Saving Bookmark this article Bookmarked
Trends & External Forces Nisa retailers celebrate Stop Food Waste Day with Too Good To Go milestone Nisa’s independent retailers are marking Stop Food Waste Day by celebrating a Surprise Bag milestone with 175,000 meals now saved since the relationship with the world’s largest surplus food app, Too Good To Go began in 2019. With over 300 stores signed up to the… This story continues at Nisa retailers celebrate Stop Food Waste […] Talking Retail April 25, 2024April 25, 2024 < 1 min read SustainabilityDept. GroceryPredictions and ForecastsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Department: HBC Jason Wu Beauty lands in over 3,000 CVS stores The partnership adds to the beauty brand’s distribution channels, which also include Target and J.C. Penney. RetailDive April 24, 2024April 24, 2024 < 1 min read Dept. HBCCVSBrick and MortarTargetPartnershipsOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Channel: Mass RTIC Outdoors expands into Walmart The drinkware and cooler brand is selling 55 of its best-selling products in 3,800 of the mass merchant’s stores as well as on its website. RetailDive April 24, 2024April 24, 2024 < 1 min read WalmartBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Delivery DoorDash and Walgreens to empower SNAP recipients SAN FRANCISCO — DoorDash is collaborating with Walgreens to offer SNAP/EBT payment at nearly 7,800 Walgreens stores across the country. DoorDash says it is the first platform to enables SNAP customers to make purchases directly from Walgreens using their SNAP/EBT cards, and is also the first third-party delivery service provider to offer SNAP/EBT as a […] MMR April 24, 2024April 24, 2024 2 min read WalgreensFood DeliveryDoorDashDeliveryDept. GroceryBrick and MortarConsumersShoppersPredictions and ForecastsRestaurantsPricing & PromotionsPartnershipsExecutivesMarketing: Social Media 0 Saving Bookmark this article Bookmarked
Retailer Media Channel: Mass Corporate Strategy Partnerships & Alt Profit Media & Marketing Retailer Media Agencies & Vendors Data & Insights Shopper & Customer 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 […] Written by Retail TouchPoints May 2, 2024May 2, 2024 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Technology & Innovation Amazon services outpace retail growth in Q1 The e-commerce giant’s third-party services, advertising, subscriptions and cloud unit generated double-digit revenue increases in the period. Written by RetailDive May 1, 2024May 2, 2024 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Channel: Grocery - Natural Department: Nonfood Corporate Finance Media & Marketing Retailer Media Data & Insights International Technology & Innovation 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 […] Written by MMR May 1, 2024May 2, 2024 Saving Bookmark this article Bookmarked
Channel: Grocery Acquisitions, Divestitures & Mergers 5 things top news: Kroger tries to strengthen merger deal The most impactful news in the grocery industry for the week ending April 26 Written by Supermarket News April 30, 2024April 30, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces Department & Category Department: Food Department: HBC Corporate Strategy ESG Technology & Innovation Trends & External Forces Associates & Employees 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 – […] Written by MMR April 30, 2024May 1, 2024 Saving Bookmark this article Bookmarked