Channel: Ecommerce & Digital Amazon Laying Off Another 9,000 Employees, Including Cuts at Twitch Amazon CEO Kevin Jassy said yesterday that the company will lay off 9,000 more employees, on top of the 18,000 layoffs already announced and implemented. The new layoffs will affect than 3 percent of Amazon’s corporate work force. The parts of the company that will be hardest hit, Jassy said, are Amazon Web Services (AWS), […] MorningNewsBeat March 21, 2023March 21, 2023 6 min read AmazonAssociatesTechnology & InnovationShoppersMarketing: SocialEconomyPredictions and ForecastsHealth & WellnessExecutivesStrategyBrick and MortarOperations & Supply ChainCOVID19Meta (Facebook)TargetSustainabilityResults & InvestmentDept. HBCPartnershipsUnilever 0 Saving Bookmark this article Bookmarked
Shopper & Customer Consumer retail market set for repositioning CHICAGO – Consumer demand is declining across nearly every segment of the U.S. discretionary general merchandise and consumer packaged goods (CPG) industry, even as elevated prices recede from peak levels. Don Unser and Marshal Cohen of Circana (formerly IRI and The NPD Group) look below the surface of current retail performance in this $2.9 trillion […] MMR March 21, 2023March 21, 2023 2 min read ConsumersHoliday & EventsTechnology & InnovationCOVID19Dept. GroceryDept. HBCInsight ProvidersMarketing: Loyalty & SubscriptionPredictions and ForecastsResults & InvestmentStrategySustainabilityBig Data 0 Saving Bookmark this article Bookmarked
Media & Marketing Drug Channels News Roundup, March 2023: My $0.02 on Insulin Price Cuts, AbbVie vs. AFPs, Optum Expands, ASAP340B, and Hooray for Pharmacists Spring is here in sunny downtown Philadelphia, worldwide headquarters of Drug Channels. The vernal equinox has brought us an unexpected bounty of noteworthy news: Thoughts on the recent insulin price cuts by Lilly, Novo, and Sanofi AbbVie gets tougher on alternative funding programs Optum quietly adds a new drug channel role A novel partnership emerges […] Drug Channels March 21, 2023March 21, 2023 2 min read Marketing: SocialInsight ProvidersTwitterCOVID19Data & InsightsConsultingPartnershipsMeta (Facebook)KraftHeinz 0 Saving Bookmark this article Bookmarked
Department: Beverage Rubicon adds Sparkling Rose flavour Rubicon, from Barr Soft Drinks, is launching of Rubicon Sparkling Rose Lemonade. Launching exclusively in the convenience channel, Rubicon Sparkling Rose Lemonade will be available in 330ml and 500ml PMPs. Rubicon, which has seen +89% growth in the last two years and added £20m brand value post-covid, attributes its success to offering convenience retailers and […] Talking Retail March 21, 2023March 21, 2023 < 1 min read Dept. BeverageCOVID19 0 Saving Bookmark this article Bookmarked
Trends & External Forces Worth Reading: “A Sandwich Shop, a Tent City and an American Crisis” The New York Times has a really good piece of journalism that looks at how homelessness, and the crime that often accompanies it, is overwhelming much of urban America, focusing on a small, family-owned sandwich shop in downtown Phoenix. The Times recounts how Joe Faillace, the owner of Old Station Subs, “looked out the window […] MorningNewsBeat March 20, 2023March 20, 2023 2 min read Dept. Fresh PreparedLegal & CriminalHealth & WellnessGovernmentUnileverSustainabilityShoppersRestaurantsESG and CSRCOVID19Associates 0 Saving Bookmark this article Bookmarked
Channel: Restaurants Payment Technology Drives Customer Adoption for Restaurants Big and Small It is at the intersection of hand held marketing, mobile devise ordering, and payments that time starved consumers of all ages have become familiar with, accepting, and adopting digital restaurant and foodservice payments. If you are not looking a customer ahead, you are losing ground. According to Steven Johnson Grocerant Guru® at Tacoma, WA […] Grocerant Guru March 20, 2023March 20, 2023 5 min read RestaurantsShoppersAssociatesDept. GroceryTechnology & InnovationData & InsightsMarketing: SocialCustomer ExperienceConsumersDept. DairyCOVID19ConsultingTwitterMeta (Facebook)ESG and CSROperations & Supply ChainStrategyBrick and MortarDept. NonfoodEconomy 0 Saving Bookmark this article Bookmarked
Media & Marketing Serve Up Convenience with Wallet-based Payment and Loyalty in One [[“value”:” Share: The world is digitally transforming, and the pandemic has only accelerated the pace of that transformation. Customer expectations are skyrocketing, and they are demanding frictionless and seamless interactions with brands. Loyalty programs are no exception. While most businesses have launched loyalty programs to drive retention and growth, many struggle to deliver the results […] Partech March 17, 2023March 17, 2023 2 min read Marketing: Loyalty & SubscriptionData & InsightsConsumersShoppersPredictions and ForecastsInternational - North AmericaDeliveryCOVID19 0 Saving Bookmark this article Bookmarked
CPG & FMCG Worth Reading: What Gen Z Workers Want The Conference Board is out with a new report that it says “reveals the most important motivators for Gen Z workers. They place the biggest premium on five critical values in the workplace: adequate compensation, control, safety and wellness, growth, and purpose … While these objectives are important to all generations of employees, for Gen Zers, […] MorningNewsBeat March 17, 2023March 17, 2023 < 1 min read ConsumersAssociatesCOVID19Predictions and ForecastsUnileverTechnology & InnovationMarketing: SocialHealth & WellnessESG and CSREconomy 0 Saving Bookmark this article Bookmarked
Department: Beverage OffBeat: Addictive Television I’m not a zombie movie guy. I liked World War Z, but shows like “The Walking Dead” and Dawn of the Dead just aren’t my thing. Gore just makes me queasy. And I have about the same level of enthusiasm for video games. Again, just not my thing. But “The Last of Us,” on HBO, […] MorningNewsBeat March 17, 2023March 17, 2023 2 min read Dept. BeverageDept. Adult BevResults & InvestmentPredictions and ForecastsMarketing: BroadcastDept. Toys & GamesDept. NonfoodDept. FreshCOVID19 0 Saving Bookmark this article Bookmarked
Channel: Mass Five Below to Target High Earners With 400 More Five Beyond Stores Five Below plans to expand its higher-priced Five Beyond concept by converting 400 more store locations, reports PYMNTS. The specialty discount store is looking to appeal to a new demographic of customers with its Five Beyond concept, which sells items priced above $5 but “still below the rest,” according to the company website. The new store prototype is […] Kristina Stidham March 17, 2023March 17, 2023 < 1 min read Brick and MortarConsumersTargetShoppersResults & InvestmentCOVID19Customer ExperienceEconomyExecutivesOperations & Supply ChainPress ReleaseStore FormatTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Associates & Employees Thursday Eye-Opener: What’s Lacking In Gen Z Isn’t Ambition by Kevin Coupe Good piece in Fast Company that argues that it is an over-generalization to say that Gen Z is made up largely of people who are “quiet quitting” or doing the bare minimum at work, that they are devoid of a work ethic or any sort of ambition. Sure, some of them are […] MorningNewsBeat March 16, 2023March 16, 2023 2 min read AssociatesConsumersDept. NonfoodStrategyPricing & PromotionsOperations & Supply ChainHealth & WellnessDept. PerimeterDept. Natural / OrganicDept. GroceryDept. FreshCOVID19 0 Saving Bookmark this article Bookmarked
Shopper & Customer How Forever 21 Accelerated its E-Commerce Growth We’ve all done it: We get to that point of finishing our purchase and we’re presented with the choice of checking out as a guest or creating an account with the retailer. Some part of us knows that we should just create the account — but then we hesitate. The form, the fields, the time, […] Shilpi Narang March 16, 2023March 16, 2023 3 min read ShoppersTechnology & InnovationCustomer ExperienceConsumersData & InsightsDept. ApparelDeliveryOperations & Supply ChainOmnichannelDept. NonfoodPredictions and ForecastsStore LocationCOVID19ExecutivesESG and CSR 0 Saving Bookmark this article Bookmarked
Shopper & Customer Why Retailers Must Embrace the ‘Phygital’ Experience The whirlwind of the pandemic and the fluctuating economy over the last few years has left retailers quickly adapting to the new demands of today’s consumers. Now that the dust has settled a bit, retailers continue to look for new ways to provide the best experience for shoppers — both in-store and online. Furthermore, they’re […] Lisa Schneider March 16, 2023March 16, 2023 3 min read ShoppersMarketing: Loyalty & SubscriptionConsumersData & InsightsCryptoMarketing: In StoreTechnology & InnovationRestaurantsNFTDept. ApparelMetaverseEconomyPricing & PromotionsCOVID19Marketing: Direct & PersonalizationTrends: TechDept. BeverageDept. NonfoodFlagship StoresExecutivesBrick and MortarOperations & Supply ChainPredictions and ForecastsDept. Toys & Gamesblockchain 0 Saving Bookmark this article Bookmarked
Technology & Innovation The Price of Eggs Isn’t the Only Thing Grocers Are Managing These Days According to FoodIndustry.com, the U.S. food market is worth $1.5 trillion annually, or roughly 4 percent of the domestic gross product. $800 billion of that revenue is from supermarkets and food stores. Compare this to the U.S. apparel market, which is estimated to be worth $318 billion (Statistica). And while the retail industry often focuses […] Phillip Brown March 16, 2023March 16, 2023 5 min read Technology & InnovationDept. GroceryAIConsumersShoppersDept. DairyDeliveryOperations & Supply ChainCustomer ExperienceDept. FreshSustainabilityEconomyMerchandisingMarketing: In StoreCOVID19Trader JoesDept. BeverageWhole FoodsHealth & WellnessMetaverseOwned Brands (Private Label)Dept. ApparelTargetLidlInternationalCompetitionPackagingData & InsightsWegmansPartnershipsBrick and MortarConsultingWalmartCostcoMarketing: BrandDept. Adult BevDept. Natural / OrganicDept. NonfoodDept. PerimeterDept. BakeryHello FreshKrogerAldiAmazonTrends: TechAutonomous VehiclesAssociatesTrends: ShoppingBOPISHomeChef 0 Saving Bookmark this article Bookmarked
Trends & External Forces Top trade bodies to revise terms and conditions of internet advertising Last updated in 2018, the shared framework will be “significantly overhauled” following transformation driven by the pandemic and privacy mandates. MarketingDive March 16, 2023March 16, 2023 < 1 min read COVID19 0 Saving Bookmark this article Bookmarked
Trends & External Forces Major Retailers Are Closing: Why This Is A Turning Point For The High Street In recent weeks, household brands like New Look, Paperchase and Superdrug have announced closures, whether on specific high streets or altogether. This has been an ongoing trend due to financial problems caused by the Covid-19 pandemic, the cost of living crisis and the upcoming recession. This will have several long-standing consequences for the high street […] Modern Retail March 16, 2023March 16, 2023 < 1 min read COVID19International - UKResults & InvestmentEconomyDept. Nonfood 0 Saving Bookmark this article Bookmarked
Trends & External Forces February eGrocery sales up from year ago to $8.8B Growth in user base and spending per order offsets the lowest order frequency since pre-COVID Supermarket News March 16, 2023March 16, 2023 < 1 min read COVID19 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain 5 Opportunities to Help Retailers Build Resilient Supply Chains Throughout 2023 From high inflation to rapidly changing labor needs and hiring challenges, retail manufacturers and logistics providers continue to face multiple supply chain challenges and there’s no determination of when these challenges will subside. However, there are certain opportunities retail manufacturers and logistics providers can take advantage of to start to overcome these challenges and rebuild their […] Chelsea Brady March 16, 2023March 16, 2023 4 min read Operations & Supply ChainAssociatesPartnershipsData & InsightsStrategyMarketing: In StoreTechnology & InnovationConsultingCOVID19Dept. NonfoodExecutivesResults & InvestmentTech: RoboticsEconomy 0 Saving Bookmark this article Bookmarked
Corporate Strategy General Motors CMO Deborah Wahl to retire Along with helping GM navigate the challenges of the coronavirus pandemic, Wahl has helped lead the automaker’s move toward an all-electric future. MarketingDive March 15, 2023March 15, 2023 < 1 min read ExecutivesCOVID19Predictions and Forecasts 0 Saving Bookmark this article Bookmarked
Department: HBC Sephora’s new UK store: three trends to inspire other beauty retailers Why open a physical store? Sephora’s new store in Westfield White City, which opened on Wednesday 8th March 2023, marks its return to physical retail in the UK after it stopped trading here in 2005. The opening follows the retailer’s takeover of FeelUnique’s website in October 2022. Investing in physical space will help Sephora, a […] 0 Author Missing March 15, 2023March 15, 2023 3 min read Dept. HBCInternational - UKShoppersMarketing: In StoreMarketing: SocialTargetDept. NonfoodConsumersPredictions and ForecastsBrick and MortarESG and CSREconomyFlagship StoresTrends: RetailCOVID19Meta (Facebook)Owned Brands (Private Label)Pricing & PromotionsTikTok 0 Saving Bookmark this article Bookmarked
Shopper & Customer Why does Restaurant Customer Discontinuity Continue to Linger? Foodservice Solutions® Grocerant Guru® Steven Johnson predicts that 2023 will be a record year of chain restaurant discontinuity. Specifically, with more chain restaurant closing stores and fewer total chain restaurants open entering 2023. Today many restaurants, c-stores, grocerants, have been “holding on by a thread” according to Johnson, since the COVID-19 pandemic the prepared meal […] Grocerant Guru March 15, 2023March 15, 2023 2 min read ConsumersRestaurantsDept. GroceryData & InsightsShoppersBrick and MortarDept. FreshDept. Fresh PreparedCOVID19Marketing: SocialPackagingDept. PerimeterDept. FuelPredictions and ForecastsDept. DeliOperations & Supply ChainMeta (Facebook)GovernmentTwitterAssociates 0 Saving Bookmark this article Bookmarked
Data & Insights How Retailers Can Use Video Analytics to Draw Valuable Insights The retail sector has seen dramatic changes in recent years with the rise of online shopping and an isolating pandemic driving an exodus of customers from long-established shared spaces such as malls and movie theaters. Despite less-than-ideal circumstances, many of these trends have challenged traditional brick-and-mortar retailers to rethink how they do business, and some […] Liam Galin March 14, 2023March 14, 2023 3 min read Technology & InnovationAIData & InsightsShoppersStore LocationBrick and MortarCustomer ExperienceDept. NonfoodHoliday & EventsDept. Toys & GamesCOVID19Operations & Supply ChainAssociatesDept. Natural / OrganicThick DataDeliveryExecutivesMerchandisingStore FormatTech: AI 0 Saving Bookmark this article Bookmarked
Technology & Innovation Drive-Thru Technology is Evolving as We Know It: A Quick Dive into the Current State of Drive-Thru Solutions [[“value”:” Share: The drive-thru plays a crucial role in QSR operations and has only seemed to grow in popularity in recent years. Throughout the pandemic, drive-thru operations drastically increased in demand as consumers desperately needed an escape from the woes and boredom of quarantine. In fact, the QSR drive-thru was one of the few avenues […] Partech March 14, 2023March 14, 2023 3 min read Technology & InnovationAIRestaurantsConsumersOperations & Supply ChainShoppersTech: AIAssociatesTech: CashierlessDept. GroceryPredictions and ForecastsStrategyCOVID19Dept. FreshDept. BakeryData & InsightsDept. Perimeter 0 Saving Bookmark this article Bookmarked
Trends & External Forces The Story Behind Allen Edmonds’ 100 Years of Success In episode 392 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews David Law, senior vice president and general manager of Allen Edmonds, a U.S.-based handmade luxury men’s footwear heritage brand. Listen in as Law provides an overview of the legacy brand (1:00), his professional background and role at Allen Edmonds (2:35), and the factors he believes […] Joe Keenan March 14, 2023March 14, 2023 < 1 min read COVID19Technology & InnovationPodcastsOperations & Supply ChainMarketing: SocialExecutivesDept. FuelDept. ApparelConsumersAssociates 0 Saving Bookmark this article Bookmarked
Corporate Finance Joann shores up liquidity ahead of Q4 report The crafts retailer, which made Retail Dive’s bankruptcy watchlist last year, has seen sales fall and costs rise after a pandemic boom. RetailDive March 13, 2023March 13, 2023 < 1 min read COVID19Bankruptcy 0 Saving Bookmark this article Bookmarked
Trends & External Forces Tough Cookies The Washington Post reports that for the third year in a row, the Girl Scouts are facing a problem with their annual cookie season. “Blame the coronavirus pandemic for the wildly vacillating supply and demand over the past two years: a surplus of unsold cookies in 2021 and supply chain issues in 2022,” the Post […] MorningNewsBeat March 13, 2023March 13, 2023 2 min read Operations & Supply ChainWeatherCOVID19Predictions and ForecastsDept. PerimeterDept. BakeryAssociates 0 Saving Bookmark this article Bookmarked
Shopper & Customer What Shopper Research Tells Us About Consumers’ Desired Retail Experiences DSI “A mindset shift needs to desperately happen in terms of looking at the buyer journey as one journey.” — Anne Stephenson, Partner, Explorer Research In the last few years, consumers have kept brands on their toes. Their behavior is constantly changing, and the shopper journey is now characterized by continuous zigging and zagging rather than […] Digital Shelf Institute March 13, 2023March 13, 2023 10 min read ConsumersShoppersMerchandisingTechnology & InnovationEconomyData & InsightsSustainabilityPodcastsMarketing: Loyalty & SubscriptionDept. PetPartnershipsBrick and MortarPackagingOperations & Supply ChainCOVID19Marketing: SocialDept. NonfoodMarketing: ShopperMarketing: UGCTrends: RetailTargetMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Shopper & Customer Growing Business After an Economic Boom The pandemic years were boom times for numerous sectors of the economy, including home and bedding, furniture, and home workout brands. In a short period of time, Americans spent $118 billion spiffing up their homes (some categories of home goods, such dishwashers, spiked 4000 percent). Home sales also spiked as people sought more space. But […] Tom Quish March 13, 2023March 13, 2023 4 min read ConsumersShoppersEconomyCustomer ExperiencePartnershipsStrategyDept. NonfoodCOVID19BankruptcyPredictions and ForecastsExecutivesSustainabilityReturnsDept. Adult BevDept. ApparelDept. Toys & GamesPhilanthropyMeta (Facebook)MerchandisingMarketing: UGCMarketing: SocialMarketing: In StoreOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Channel: Restaurants Independent restaurants can Extend the Halo of ‘Better-4-You’ with Free Software Building your brand can be a great benefit today when you are targeting both Millennials and Gen Z consumers. Digital natives have never had to adopt technology, they grew up with it. Hand Held mobile marketing is simply they way they think, relate, and find relevance. Steven Johnson Grocerant Guru® at Tacoma, WA based […] Grocerant Guru March 12, 2023March 12, 2023 3 min read RestaurantsTechnology & InnovationData & InsightsConsumersShoppersPhilanthropyCOVID19ExecutivesInternational - North AmericaMarketing: OOHMarketing: MobileMarketing: SocialPartnershipsStrategyMarketing: In Store 0 Saving Bookmark this article Bookmarked
Corporate Strategy WBA details ESG commitments in report DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) has released its fiscal year 2022 ESG report, detailing the company’s efforts to live up to its stated purpose of creating more joyful lives through better health. WBA yesterday hosted a virtual event, featuring report highlights and discussions with ESG thought leaders. In addition to sharing the company’s […] MMR March 10, 2023March 10, 2023 2 min read Health & WellnessESG and CSRWalgreensSustainabilityPartnershipsInclusivityCOVID19Data & InsightsConsultingExecutivesShoppersPredictions and ForecastsInternational - UKEconomyResults & InvestmentInternationalAssociatesStrategyOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Channel: Mass International Shopper & Customer Technology & Innovation Tesco infuriates shoppers as it slashes Clubcard points value Supermarket giant Tesco came under fire following the announcement that it will be reducing the value of Clubcard reward vouchers from June 2023. The reduction will come into force after… The post Tesco infuriates shoppers as it slashes Clubcard points value appeared first on Latest Retail Technology News From Across The Globe – Charged. Written by ChargedRetail March 21, 2023March 21, 2023 Saving Bookmark this article Bookmarked
Technology & Innovation Corporate Strategy Corporate Finance Partnerships & Alt Profit Media & Marketing Agencies & Vendors Data & Insights International Shopper & Customer Technology & Innovation aisle 3 exits the CSS business and uses proceeds to support growth in sneaker category AI powered shopping platform aisle 3 has completed the sale of its Google Comparison Shopping Site (CSS) service to Product Hero. Financial terms of the deal were not disclosed, other than it being all cash. The sale consolidates market share for CSS service provider Product Hero, which works with the likes of Rituals and Ikea. […] Written by Retail Technology Innovation Hub March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked
Technology & Innovation The Daily QuickWit (3/17): The Top Retail News The top retail news and most read stories in commerce. Written by RetailWit March 17, 2023March 21, 2023 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit Partnerships & Alt Profit Shopper & Customer Technology & Innovation Kroger lands deal for self-driving truck deliveries Get ready because the empty truck cabs in motion are coming. Gatik, which is involved in autonomous middle-mile logistics, has announced a multi-year commercial collaboration to transport customer orders within Kroger’s Dallas distribution network. The operations will launch in a few weeks. Under the collaboration, Gatik’s medium-duty autonomous box trucks will transport fresh, customer-favorite products from […] Written by Supermarket News March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked
CPG: Food Channel: Grocery Department & Category Department: Beverage Department: Food Corporate Strategy Shopper & Customer Technology & Innovation Trends & External Forces Merchandising Owned Brands (Private Label) Albertsons Redesigns and Expands Open Nature Own Label Line Albertsons yesterday unveiled what it said was “the redesign of its Open Nature brand as the company strives to become the brand of choice for those health-conscious shoppers seeking a more balanced lifestyle. Open Nature, which is part of Albertsons Cos. Own Brands portfolio, provides shoppers with tasty foods made with thoughtfully chosen ingredients that […] Written by MorningNewsBeat March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked