Department: HBC They were convicted on marijuana charges. Now they’re first in line to sell it legally [[“value”:” Tahir Johnson said he’s on track to be one of the first people with a marijuana related conviction to open a licensed dispensary in New Jersey. “The generational wealth this will create for my family is surreal,” he said. Stefan Sykes for CNBC TRENTON, N.J. — Tahir Johnson has been arrested on marijuana possession […] CNBC February 17, 2023February 17, 2023 5 min read CannabisLegal & CriminalData & InsightsAssociatesDept. HBCGovernmentESG and CSRDept. NonfoodStore LocationResults & InvestmentDept. GroceryInclusivityRestaurants 0 Saving Bookmark this article Bookmarked
Department: HBC Canopy Growth cutting 60 percent of its workforce Canopy Growth, the second-largest producer of marijuana in Canada, said it will cut about 60 percent of its workforce because of disappointing results. The company points to black market competition as a major factor in lower-than-expected sales in Canada. “Today, there are two very different cannabis markets in Canada. One that’s legal, highly taxed and […] RetailWire February 12, 2023February 12, 2023 < 1 min read CannabisInternational - North AmericaAssociatesCompetitionLegal & CriminalExecutivesDept. HBC 0 Saving Bookmark this article Bookmarked
Department: HBC Cannabis legalization is spreading like wildfire and related industries are booming The global outlook for cannabis has never been better. The last month alone saw marijuana stocks soar when the American Medical Association alleged that medical marijuana could help solve the opioid crisis. As more and more governments look to cannabis for its medicinal properties, the market grows stronger by the day. And that, by default, […] BCC Research February 7, 2023February 7, 2023 < 1 min read CannabisDept. HBCPackagingWeatherMarketing: Social Media 0 Saving Bookmark this article Bookmarked
Department: HBC Disclosure Rules for Alcohol, Cannabis Sales Online sellers of alcohol and marijuana face a slew of disclosure requirements, such as permissible age, allowable products, shipping restrictions, and more. The post Disclosure Rules for Alcohol, Cannabis Sales appeared first on Practical Ecommerce. Practical Ecommerce February 1, 2023February 1, 2023 < 1 min read CannabisDept. Adult BevDept. HBCData & InsightsOperations & Supply ChainDelivery 0 Saving Bookmark this article Bookmarked
Department: HBC FDA says CBD may not be safe in food and supplements The Food and Drug Administration yesterday said that products infused with CBD do not meet federal safety standards and require stricter regulations. The use of products with CBD has grown in recent years and the FDA’s announcement is likely to have a negative impact on businesses manufacturing and selling them. The FDA has asked Congress […] RetailWire January 29, 2023January 29, 2023 < 1 min read GovernmentDept. HBCCannabisDept. GroceryOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Shopper & Customer Sales of herbal immune supplements rise ST. PETERSBURG, Fla. – During the final quarter of 2022, even as the U.S. grappled with a “tripledemic” of flu, RSV and COVID-19, unit sales of vitamins and health supplements declined over the prior year while average unit prices rose, according to shopper intelligence leader Catalina. A clear exception was Herbal Immune Supplements, unit sales of […] MMR January 26, 2023January 26, 2023 2 min read ShoppersDept. OTCData & InsightsMarketing: In StoreAgenciesHealth & WellnessCOVID19ConsumersData VisualizationDept. DairyDept. HBCDept. Natural / OrganicCannabisMarketing: Direct & PersonalizationPricing & PromotionsMarketing: Print 0 Saving Bookmark this article Bookmarked
Department: HBC Kristen Bell’s CBD skincare brand to shut down Happy Dance’s parent company, Cronos Group, has been exiting wholesale in its U.S. segment, which includes prestige brand Lord Jones. RetailDive January 26, 2023January 26, 2023 < 1 min read Dept. HBCCannabis 0 Saving Bookmark this article Bookmarked
Shopper & Customer How The Martin Agency repositioned AXE to vibe with Gen Z consumers With $0 media spend, the #DogeCan campaign generated 2 billion impressions. The iconic men’s grooming brand AXE set out to refresh its image. The brand, which was founded in 1983, was still presenting outdated messages about masculinity. Its messaging wasn’t in sync with the Gen Z consumers it aimed to capture. Through research, it defined […] PR Daily January 21, 2023January 23, 2023 2 min read ConsumersUnileverMarketing: Social MediaESG and CSRTwitterCryptoHoliday & EventsMeta (Facebook)Data & InsightsNFTTechnology & InnovationCannabis 0 Saving Bookmark this article Bookmarked
Channel: Mass As Constellation’s shares fall on weak earnings, we see a buying opportunity Alcoholic beverage producer Constellation Brands (STZ) reported mixed fiscal 2023 third-quarter earnings on Thursday before the opening bell. While the results came in short of our expectations, we see the subsequent drop in the Corona beermaker’s share price as chance for investors to buy up the stock. Net sales climbed 5% year-over-year, to $2.44 billion, […] CNBC January 5, 2023January 5, 2023 4 min read Dept. Adult BevDept. BeverageResults & InvestmentPredictions and ForecastsEconomyCPG: Adult BeveragePhilanthropyData & InsightsCannabisPackagingTargetMarketing: BroadcastOperations & Supply ChainDept. HBC 0 Saving Bookmark this article Bookmarked
Department: Beverage Alcohol Alternatives Aren’t Just For Dry January This Dry January, consumers now have a multitude of beverages to choose from when they’re not indulging in alcohol. Mintel research shows consumers are increasingly reevaluating their relationship with alcohol and replacing those drinks with new beverages. Options include non-alcoholic craft beer, mocktails, cannabis tonics, and even premium sparkling water. This nascent AA (alcohol alternative) […] Mintel January 5, 2023January 6, 2023 < 1 min read Dept. Adult BevConsumersDept. BeverageCannabisTechnology & InnovationDept. HBCCPG: Adult Beverage 0 Saving Bookmark this article Bookmarked
Department: HBC NYC locals bummed by the impending demise of ‘weed bodegas’ While most NYC stoners … er, cannabis consumers — are likely celebrating the new debut of state-authorized retail outlets, many will be sad to see the retreat of colorful independent corner stores (where it’s been said the illicit herb could be had for a nod and a wink). The licensed stores must follow strict guidelines […] RetailWire December 28, 2022December 28, 2022 < 1 min read Brick and MortarConsumersCannabisDept. HBC 0 Saving Bookmark this article Bookmarked
Department: HBC Marijuana’s black market is undercutting legal businesses Across the country, thriving, unregulated marijuana businesses are threatening to undercut legal markets awaiting banking and tax reform.[[“value”:” A man smokes marijuana during a hip-hop performance at the 11th annual block party held by the Bushwick Collective in Brooklyn, New York, on June 4, 2022. Alex Kent ]] CNBC December 27, 2022December 27, 2022 < 1 min read CannabisLegal & CriminalData & Insights 0 Saving Bookmark this article Bookmarked
Department: HBC It’s a Beauty-Full Match for these Emerging Small Businesses Astoria Beauty Bar is no cookie-cutter, assembly-line salon. When a guest comes to have their hair styled or colored, get a scalp treatment, add extensions or have their eyebrows shaped, it’s the owner Michelle DeMartino who takes the call, schedules the appointment, and provides the service. It’s DeMartino who educates customers on how to maintain […] RangeMe December 14, 2022December 14, 2022 6 min read VendorsDept. HBCHealth & WellnessDept. NonfoodDept. Natural / OrganicPackagingCannabisMarketing: Direct & PersonalizationPredictions and ForecastsDept. FuelPricing & PromotionsCOVID19SustainabilityInclusivityShoppersPartnershipsOperations & Supply ChainDept. BeverageConsumersDept. PerimeterDept. Adult BevTargetDept. FreshStrategy 0 Saving Bookmark this article Bookmarked
Department: HBC Cannabis sales fall below pandemic highs Sales of marijuana in medical dispensaries and retail stores have fallen year-over-year after posting big gains during the pandemic, according to Headset. “What we saw in 2020 was a massive spike in sales tied to the pandemic as people stayed home, had government stimulus money and not a lot to do,” said Chris Wash, CEO […] RetailWire December 11, 2022December 11, 2022 < 1 min read CannabisCOVID19Dept. HBCGovernmentExecutivesBrick and MortarEconomy 0 Saving Bookmark this article Bookmarked
Channel: Restaurants Non-Alcohol Beverages are Hot, Hot, Hot Who moved the Beer? Consumers are dynamic not static and all food retailers need to look a customer ahead or risk losing relevance with the next generation of consumers according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. I bet that many of you did not know that recent research finds […] Grocerant Guru December 10, 2022December 10, 2022 4 min read Dept. Adult BevConsumersDept. BeverageCPG: Adult BeverageData & InsightsTechnology & InnovationDept. HBCDept. GroceryCannabisHealth & WellnessDept. Natural / OrganicExecutivesShoppersESG and CSRMarketing: Social MediaPepsiCoPredictions and ForecastsRestaurantsBig Data 0 Saving Bookmark this article Bookmarked
Department: HBC Marijuana industry sales slow down after pandemic surge After years of rapid growth, the U.S. cannabis industry is showing signs of fatigue amid challenging economic conditions and growing pains. KEY POINTS In some of the most mature legal cannabis markets across the U.S., sales are declining after surging earlier in the pandemic. Investment money is also drying up, making it harder for small […] CNBC December 9, 2022December 12, 2022 < 1 min read CannabisCOVID19EconomyDept. HBC 0 Saving Bookmark this article Bookmarked
Department: HBC Is Selling Marijuana and Alcohol Online Worth It? Selling alcohol and marijuana online in the U.S. is subject to a slew of state and federal laws, especially when shipping across state borders. We explain. The post Is Selling Marijuana and Alcohol Online Worth It? appeared first on Practical Ecommerce. Practical Ecommerce December 6, 2022December 6, 2022 < 1 min read Dept. Adult BevCannabisData & InsightsOperations & Supply ChainGovernmentDelivery 0 Saving Bookmark this article Bookmarked
Data & Insights Hemp 101: Understanding the Superfood Hemp offers many uses and benefits Hemp has made its way from specialty retailers into mainstream outlets as a common ingredient in the food, beverage, VMS, and body care aisles. Yet, many shoppers are still not sure what hemp is (and what it isn’t). That is in part because hemp only became legal in the […] Spins December 3, 2022December 6, 2022 2 min read Data & InsightsDept. BeverageDept. GroceryShoppersHealth & WellnessCannabisDept. FuelMerchandisingDept. RefrigeratedMarketing: In StoreBrick and MortarSustainabilityPricing & PromotionsPredictions and ForecastsPop UpsDept. NonfoodLegal & CriminalInsight ProvidersDept. PetDept. Natural / OrganicDept. HBCTrends: Food and BeverageDept. DairyBig Data 0 Saving Bookmark this article Bookmarked
Department: Beverage Friday Eye-Opener: Holstein Highs by Kevin Coupe After 21 years of doing this, the following story seems like the perfect MNB Eye Opener… The New York Times reports on a German study in which scientists fed 10 cows industrial hemp with high levels of THC, and then observed that “compared with cows that received the usual diet of corn […] MorningNewsBeat November 21, 2022November 21, 2022 2 min read Dept. BeverageDept. DairyCannabisLegal & CriminalConsumersTechnology & InnovationGovernmentDept. HBCDept. FuelDept. Fresh 0 Saving Bookmark this article Bookmarked
Department: HBC Inside The Artist Tree’s Unique Take on Cannabis Retail The Artist Tree chain of licensed cannabis stores in California is shaking up the dark, often intimidating dispensary experience with a retail concept that highlights the natural synergy between cannabis and art. Described as “an art gallery that happens to sell cannabis,” each of the brand’s five stores feature rotating displays of local art alongside […] Retail TouchPoints November 18, 2022November 18, 2022 < 1 min read CannabisDept. HBCMarketing: Social MediaBrick and MortarDept. Natural / Organic 0 Saving Bookmark this article Bookmarked
Department: HBC CEW honors the year’s best in beauty NEW YORK — Cosmetic Executive Women (CEW) announced the winners of the 29th Annual Beauty Creators Awards at a networking event and awards luncheon on November 11, 2022. One of the industry’s most esteemed beauty awards programs, the event honored the year’s best and most innovative products across 33 categories from more than 1,000 entries, chosen by an esteemed group of […] MMR November 16, 2022November 16, 2022 3 min read Dept. HBCHealth & WellnessStore LocationInternationalExecutivesUnileverProcter & GambleDept. NonfoodDept. FreshSustainabilityDept. DairyMarketing: Social MediaJohnson & JohnsonDept. BeveragePartnershipsAmazonConsumersData & InsightsTechnology & InnovationShoppersDept. PharmacyCannabisPredictions and ForecastsCVS 0 Saving Bookmark this article Bookmarked
Owned Brands (Private Label) Five trends from the Private Label Trade Show CHICAGO — The exhibit floor of PLMA’s sold-out 2022 Private Label Trade Show opened here yesterday with more than 1,400 exhibitors and 2,300 booths. Attendees filled the aisles to discover the hottest new foods, beverages, nonfoods, personal care, household goods and much more. Themed “Consumers Are Back in Charge,” the show kicked off Nov. 13 with educational […] MMR November 15, 2022November 15, 2022 2 min read Owned Brands (Private Label)Dept. BeverageDept. Adult BevConsumersPackagingHealth & WellnessTrends: Food and BeverageDept. GroceryDept. HBCCannabisSustainabilityDept. Natural / OrganicDept. Fresh PreparedDept. DeliDept. DairyShoppersTechnology & InnovationMarketing: Social MediaDept. Nonfood 0 Saving Bookmark this article Bookmarked 4
Department: HBC Mike Tyson and Evander Holyfield to launch ‘Holy Ears’ cannabis-infused edibles The boxing legends are launching “Holy Ears,” a line of cannabis edibles. CNBC November 15, 2022November 15, 2022 < 1 min read CannabisDept. HBC 0 Saving Bookmark this article Bookmarked
Department: HBC Prof G Markets: The Failure of FTX, Why HBO Will be Acquired, and the Cannabis Industry This week on Prof G Markets, Scott shares his thoughts on how Sam Bankman-Fried’s crypto exchange FTX came crashing down like a house of cards. He then explains what Disney’s earnings reveal about a streaming market headed for consolidation, and why HBO makes for an appealing acquisition target. And in this week’s Unpack, we check […] The Prof G Show November 14, 2022November 14, 2022 < 1 min read CannabisPodcastsDept. HBCResults & InvestmentCryptoStreamingAcquisitionTechnology & InnovationTargetMarketing: Digital Media 0 Saving Bookmark this article Bookmarked
Department: HBC Is Online Marijuana the Next Big Thing? Sweeping state-based marijuana legalization has created a booming industry. But limitations remain for ecommerce. The post Is Online Marijuana the Next Big Thing? appeared first on Practical Ecommerce. Practical Ecommerce November 13, 2022November 13, 2022 < 1 min read CannabisData & Insights 0 Saving Bookmark this article Bookmarked
Trends & External Forces Your Views: Margin Call Yesterday we quoted a Benjamin Lorr op-ed piece in the Los Angeles Times in which he wrote about the Kroger-Albertsons merger: “The supermarket industry is trapped in an unsustainable model, “chasing higher and higher volume to fund cheaper and cheaper prices. Which by necessity means grocers are always looking over their shoulder at their competition. […] MorningNewsBeat October 26, 2022October 26, 2022 4 min read AmazonCompetitionHoliday & EventsCannabisPredictions and ForecastsDept. PetMergersDept. Toys & GamesDept. NonfoodKrogerDept. GroceryDept. HBCStreamingHealth & WellnessResults & InvestmentPartnershipsMarketing: Loyalty & SubscriptionInternational - UKAssociatesAlimentation Couche-TardDept. Natural / OrganicUnited Natural FoodsDept. FuelDept. Adult BevBrick and MortarCircle KAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Department: HBC Circle K, Leading Cannabis Brand Announce Partnership Circle K, a Canada-based convenience store and gas station operator, announced it was partnering with Green Thumb, a leading national cannabis consumer packaged goods company, to sell its products at a handful of Circle K locations next year. About 10 “RISE Express”-branded dispensaries will open adjacent to Circle K stores in various Florida locations, Green […] Marie Albiges October 19, 2022October 20, 2022 < 1 min read CannabisDept. HBCAlimentation Couche-TardCircle KPartnershipsBrick and MortarDept. FuelExecutivesDept. Natural / OrganicDept. Adult BevConsumersInternational - North AmericaPress Release 0 Saving Bookmark this article Bookmarked 5
Department: HBC Circle K Welcomes Cannabis Seller as Next-Door Neighbor Via Green Thumb Partnership Cannabis retailer Green Thumb has partnered with Circle K to launch an initial 10 RISE Express medical dispensaries adjacent to Circle K stores in Florida. The agreement allows Green Thumb to lease space from Circle K in Florida, where the c-store retailer operates approximately 600 locations, to offer patients a selection of branded cannabis products. […] Retail TouchPoints October 19, 2022October 20, 2022 2 min read CannabisDept. HBCCircle KAlimentation Couche-TardPartnershipsBrick and MortarExecutivesPredictions and ForecastsOperations & Supply ChainHealth & WellnessData & Insights 0 Saving Bookmark this article Bookmarked 5
Channel: Convenience Circle K stores will sell medical marijuana Circle K has signed a deal with Green Thumb Industries to lease space in Florida stores for the purpose of selling medical marijuana. The deal will begin by making doctor-prescribed marijuana available for purchase at Rise Express: shops inside 10 Circle K stores. RetailWire October 19, 2022October 19, 2022 < 1 min read Circle KCannabisBrick and MortarAlimentation Couche-TardPhilanthropy 0 Saving Bookmark this article Bookmarked
Department: HBC Barriers and Opportunities in the Cannabis Extraction Market Countries around the world are adopting a more tolerant approach to cannabis use. In 2018, Canada legalized the non-medical market, resulting in the contribution of billions to the country’s national GDP. Criminal convictions for cannabis-related crimes dropped, while a multimillion dollar industry emerged. Although they aren’t yet as progressive as their neighbor, marijuana for recreational […] BCC Research October 19, 2022October 19, 2022 < 1 min read CannabisDept. HBCLegal & CriminalMarketing: Social MediaInternational - North America 0 Saving Bookmark this article Bookmarked
Channel: Grocery Acquisitions, Divestitures & Mergers Trends & External Forces Court sets late August start date for hearing on Kroger-Albertsons merger A federal judge in Oregon will decide during the proceeding whether to grant the FTC’s request to block the transaction. Written by Grocery Dive March 12, 2024March 14, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Channel: Restaurants Department & Category Department: Consumer Durables Department: Food Department: Nonfood ESG Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Merchandising Kids Like to Go Out to Eat ask Chuck E. Cheese Don’t want to cook, don’t want to do dishes, well according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® your kids don’t want you hear you complain about cooking dinner either. Chuck E. Cheese has a new program for that has a great chance to make the entire family happy according […] Written by Grocerant Guru March 11, 2024March 14, 2024 Saving Bookmark this article Bookmarked
Channel: Grocery Corporate Finance Publix reports 49% growth in net earnings in FY23 US supermarket chain Publix has reported net earnings of $4.3bn in FY23, marking a 49% increase from FY22’s $2.9bn. The post Publix reports 49% growth in net earnings in FY23 appeared first on Retail Insight Network. Written by Retail Insights Network March 8, 2024March 8, 2024 Saving Bookmark this article Bookmarked
Channel: Mass Corporate Finance Media & Marketing Agencies & Vendors Data & Insights Trends & External Forces Target Q4 2023 Earnings Recap Target reported Q4 and 2023 financial results at its annual investor day on March 5, 2024. Quarterly comp performance improved sequentially from Q2 to Q4, but 2023 ended with comps down -3.7%. Profitability outperformed expectations as the company realized $2B of operating income growth in 2023 and reported notable gross margin improvements. The stock was […] Written by The Harvest Group March 8, 2024March 8, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces CPG: Food Channel: Ecommerce & Digital Channel: Grocery Channel: Mass Department & Category Department: Beverage Department: Food Department: HBC Acquisitions, Divestitures & Mergers Corporate Strategy Corporate Finance ESG Partnerships & Alt Profit Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Retail Operations Associates & Employees Operations & Supply Chain Owned Brands (Private Label) Stores & Formats Kroger Reports Fourth Quarter and Full-Year 2023 Results, Announces Guidance for 2024 Comments from Chairman and CEO Rodney McMullen. "Kroger achieved strong 2023 results, in line with our long-term growth model and built upon three consecutive years of historic growth. Written by Kroger March 7, 2024March 8, 2024 Saving Bookmark this article Bookmarked