Shopper & Customer With Consumers Awash in Subscriptions, Brands Set Sights on Paid Membership The subscription economy has been the subject of dire headlines recently, with terms like “subscription fatigue,” “the great unsubscribe” and even “subscription apocalypse” being bandied about. Some stats support the gloomy outlook: according to Kearney, 40% of consumers feel they have too many subscriptions, and subscription ecommerce is predicted to have its slowest growth year […] Retail TouchPoints June 6, 2023June 6, 2023 7 min read ConsumersShoppersStreamingMarketing: Loyalty & SubscriptionAmazonTechnology & InnovationDept. NonfoodCostcoMarketing: SocialPricing & PromotionsRestaurantsMarketing: TradeEconomyDept. BeverageResults & InvestmentMarketing: Digital MediaExecutivesCompetitionReturnsDept. HBCPredictions and ForecastsDept. ApparelWalmartSustainabilityMarketing: In StoreData & InsightsMarketing: BroadcastDept. DeliPartnershipsESG and CSRDept. Fresh PreparedDeliveryMerchandisingBest BuyBlueApronBrick and MortarCOVID19Operations & Supply Chain 0 Saving Bookmark this article Bookmarked
Trends & External Forces The Elusive Recession, & Not-So-Elusive Recessionary Mindset The Wall Street Journal this morning writes that “more than a year after the Federal Reserve began rapidly raising interest rates to tame inflation, the hallmarks of a widely expected recession remain elusive. “Employers are hiring aggressively, consumers are spending freely, the stock market is rebounding and the housing market appears to be stabilizing—the most […] MorningNewsBeat June 5, 2023June 5, 2023 3 min read EconomyAssociatesConsumersCOVID19CostcoData & InsightsResults & InvestmentGovernmentDept. FreshExecutivesMerchandisingOwned Brands (Private Label)Technology & Innovation 0 Saving Bookmark this article Bookmarked
Trends & External Forces Costco chief financial officer sees signs of a recession Shoppers are staying away from meat purchases and embracing more non-perishable items, he says Supermarket News June 2, 2023June 5, 2023 < 1 min read Results & InvestmentExecutivesEconomyCostcoShoppersDept. Fresh 0 Saving Bookmark this article Bookmarked
Channel: Club Costco holds back on membership fee hike As consumer spending slumps, the bulk retailer is holding back on its plans to boost membership fees and aiming to grow e-commerce and mobile sales. RetailDive May 30, 2023May 31, 2023 < 1 min read CostcoConsumers 0 Saving Bookmark this article Bookmarked
Channel: Club Costco’s reputation is best in the market: poll Company jumps to No. 1 on Axios Harris Poll 100; Trader Joe’s slips to fourth Supermarket News May 26, 2023May 30, 2023 < 1 min read CostcoTrader Joes 0 Saving Bookmark this article Bookmarked
Channel: Grocery Grocery chains lose luster in reputation rankings as Costco surges Trader Joe’s gave up the top spot in the 2023 Axios Harris Poll 100, which ranks the nation’s most visible brands based on consumer opinions, while Wegmans, Publix and H-E-B all dropped off the list this year. Dive Brief: The supermarket industry declined in prominence in the latest Axios Harris Poll 100 corporate reputation rankings, released Tuesday, as […] Grocery Dive May 25, 2023May 30, 2023 < 1 min read CostcoWegmansTrader JoesPublixHEBConsumers 0 Saving Bookmark this article Bookmarked
Data & Insights Tax refunds gave slight and early Boost to BJ’s Wholesale; more to Costco and Sam’s Club Available to clients in the IRS Payments dashboard. “Q: Do you think tax — lower tax refunds impacted you guys at all with all your data any way to tell which of your customers may have been impacted by that…? A: Mike, Look, we don’t have tremendous data on this. We never had a great […] Earnest Research May 24, 2023May 30, 2023 2 min read Data & InsightsCostcoResults & InvestmentConsumersShoppersSams ClubExecutivesDept. NonfoodDept. HBCDept. ApparelData VisualizationBJ’s Wholesale Club 0 Saving Bookmark this article Bookmarked
Channel: Grocery Publix named a ‘best employer for new graduates’ LAKELAND, Fla. — Publix has been named to Forbes’ 2023 America’s Best Employers for New Grads list, ranking No. 13 out of 20 companies in the retail and wholesale industries category. “Publix is committed to creating a diverse workforce,” said Publix Director of Communications Maria Brous. “We’re proud that new graduates want to build a […] MMR May 24, 2023May 24, 2023 < 1 min read PublixAssociatesPricing & PromotionsInclusivityHEBCostco 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Amazon is set on getting grocery right Amazon.com currently holds a three percent share of the U.S. grocery market, well behind Walmart’s 30 percent and Kroger’s 11 percent. Costco, Albertsons, Ahold Delhaize and Publix are also ahead of Amazon, which plans to continue scaling its grocery business despite a recent pullback on new store openings. RetailWire May 17, 2023May 17, 2023 < 1 min read AmazonAhold DelhaizeWalmartPublixKrogerCostcoAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Start Ups Club meeting recap: Equities slide, J&J consumer IPO, Costco sales [[“value”:”The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.”]] CNBC May 4, 2023May 4, 2023 < 1 min read Start UpsResults & InvestmentCostcoConsumers 0 Saving Bookmark this article Bookmarked
Shopper & Customer Why Traditional Grocers Face A Nightmare Narrative The Street has a story about how Walmart, Kroger, Target, Amazon, Albertsons and all traditional supermarkets have a problem bigger than inflation – the general public thinks that “prices are higher than they actually are and that brands are taking advantage of the situation.” Which is bad for traditional grocers, and good for the likes […] MorningNewsBeat April 28, 2023April 28, 2023 2 min read ConsumersBrick and MortarShoppersWalmartEconomyTargetMarketing: In StoreKrogerWegmansHoliday & EventsInsight ProvidersdunnhumbyTrends: ConsumerMerchandisingMarketing: Retail MediaAssociatesAmazonDollar GeneralDept. GroceryBig DataCostcoAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Channel: Grocery NACDS Foundation adds board members PALM BEACH, Fla.– At the National Association of Chain Drug Stores (NACDS) Annual Meeting, the NACDS Foundation announced the addition of five first-time members to the NACDS Foundation board of directors. Each Director will serve a one-year term. First-time NACDS Foundation board of directors include: Naomi Duvall, Cardinal Health Lisa Paley, Haleon Marvin Vines, The Coca-Cola Company Summer […] MMR April 24, 2023April 24, 2023 2 min read ExecutivesHealth & WellnessData & InsightsCostcoGoogleHy-VeeUnileverCoca ColaConsumersData VisualizationJohnson & JohnsonProcter & GambleRite AidSustainabilityBrick and MortarAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Department: Nonfood PetSmart Partners with Uber Eats for On-Demand Delivery from 1,600 Stores Uber Eats will now offer deliveries of pet foods, accessories, habitats and healthcare products from more than 1,600 PetSmart stores in the U.S., Canada and Puerto Rico. PetSmart is the first pet retailer to work with Uber Eats, joining Bed Bath & Beyond, Office Depot and grocery retailers including Albertsons, Meijer and Costco. Since launching […] Retail TouchPoints April 20, 2023April 24, 2023 < 1 min read Dept. PetPartnershipsUbereatsDeliveryBrick and MortarDept. NonfoodMarketing: Loyalty & SubscriptionExecutivesConsumersInternational - North AmericaDept. GroceryMeijerCostcoHealth & WellnessBed Bath & BeyondRecommerceShoppersFood DeliveryAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Channel: Restaurants Your Views: Dining In We had a story yesterday about how restaurants are gaining market share back from supermarkets in a post-pandemic environment. I commented: During the pandemic, when grocery store sales shot up and restaurant sales cratered, it was an article of faith here that if supermarkets wanted to hold onto those sales, they were going to have […] MorningNewsBeat April 18, 2023April 18, 2023 3 min read RestaurantsCOVID19Technology & InnovationShoppersDept. FreshExecutivesBrick and MortarMarketing: In StoreDept. GroceryPredictions and ForecastsMerchandisingResults & InvestmentDept. PerimeterSustainabilitySave A LotOperations & Supply ChainDept. Adult BevHealth & WellnessDept. NonfoodCostcoData & InsightsDept. BeverageVendorsAssociates 0 Saving Bookmark this article Bookmarked
Shopper & Customer 6 Ways Rising Costs are Impacting Consumer Behavior Consumers have struggled with rising inflation concerns for well over a year, and the uncertainty has profoundly impacted family spending decisions. As the economic downturn stretches into the second quarter of 2023, consumer confidence is still on shaky ground, even as inflation shows signs of slowing down. According to a study by Deloitte, consumer concern […] RangeMe April 17, 2023April 17, 2023 4 min read ConsumersEconomyShoppersThick DataVendorsBrick and MortarPricing & PromotionsMarketing: TradeDept. FuelAssociatesConsultingData & InsightsOwned Brands (Private Label)Marketing: Loyalty & SubscriptionOperations & Supply ChainDollar GeneralTechnology & InnovationTargetPredictions and ForecastsCostcoPartnershipsHealth & WellnessDollar TreeWalmartDept. NonfoodAldi 0 Saving Bookmark this article Bookmarked
Trends & External Forces Your Views: Format Feelings Amazon CEO Andy Jassy posted his annual shareholder letter yesterday, and I wrote: In the letter, Jassy concedes that Amazon has not found the grocery format that it believes will drive sales and innovation in that segment, and write that “we must find a mass grocery format that we believe is worth expanding broadly.” One […] MorningNewsBeat April 14, 2023April 14, 2023 3 min read Brick and MortarAmazonExecutivesGovernmentCompetitionHealth & WellnessCostcoEconomyMerchandisingResults & InvestmentTechnology & InnovationWalmart 0 Saving Bookmark this article Bookmarked
Department: Beverage The Daily QuickWit (4/11): The Top Retail News The top retail news and most read stories in commerce. RetailWit April 11, 2023April 13, 2023 2 min read AmazonRestaurantsWalmartKrogerCostcoDept. FuelHoliday & EventsPricing & PromotionsWegmansDept. BeverageAIChatGPTAssociatesCOVID19Trends: RetailVendorsMarketing: Broadcast 0 Saving Bookmark this article Bookmarked 5
Channel: Club Costco’s weaker sales offer a buying opportunity for investors [[“value”:”Costco Wholesale’s (COST) weak March sales and subsequent drop in its stock price late last week offer an opportunity to buy shares of the retailer on weakness.”]] CNBC April 11, 2023April 11, 2023 < 1 min read Costco 0 Saving Bookmark this article Bookmarked
Channel: Club Costco’s March numbers aren’t very Costco-like Costco reported a 2.6 percent gain in same-store sales for March, below the 3.9 percent expected by Wall Street. The warehouse club saw its numbers pulled down by weakness in its non-foods business. RetailWire April 6, 2023April 6, 2023 < 1 min read CostcoEconomyOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Channel: Club Club meeting recap: We’re sticking with Costco, despite weak monthly sales The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET. CNBC April 6, 2023April 6, 2023 < 1 min read Costco 0 Saving Bookmark this article Bookmarked
Trends & External Forces Costco sales the worst since COVID-19 shutdown Food sales, however, remain strong; could the retailer’s sales boom be over? Nobody wants to go back to the beginnings of the COVID-19 pandemic, when the nation experienced an economic lockdown. The latest sales numbers from Costco, however, are reflecting that time. For the second straight month, the super retailer is showing a decline in […] Supermarket News April 6, 2023April 6, 2023 < 1 min read COVID19CostcoDept. Grocery 0 Saving Bookmark this article Bookmarked
Channel: Grocery A Stop & Shop To Close, Apparently Falling Victim To Wegmans The Connecticut Post reports on the closing of a Stop & Shop store in Greenwich, Connecticut, linking it to the opening a couple of years ago of a Wegmans in Harrison, New York, an “an easy drive for many in Greenwich.” A spokesman for the Ahold Delhaize-owned chain confirmed the closing, saying that it was […] MorningNewsBeat April 6, 2023April 6, 2023 2 min read WegmansAhold DelhaizeBrick and MortarWhole FoodsTrader JoesWalmartWakefernResults & InvestmentPredictions and ForecastsCostco 0 Saving Bookmark this article Bookmarked
CPG: Food Your Views: Twist & Shout MNB reader Rich Heiland had some thoughts about the Boxed bankruptcy: I was speaking with a friend this morning about an organization we are both involved with and some issues we are having. The common denominator seemed to be the journey through the depths of all that was COVID and then trying to adjustment to the […] MorningNewsBeat April 5, 2023April 5, 2023 4 min read MondelezCOVID19CostcoDept. BeverageDept. DairyTechnology & InnovationDept. OTCBankruptcyWeatherConsumersDept. GroceryDept. NonfoodWalmartUnileverThick DataDeliveryPredictions and ForecastsDept. PerimeterDept. FreshBrick and MortarAssociates 0 Saving Bookmark this article Bookmarked
Shopper & Customer Inflation Weary Consumers Simply Like Buying Food for Less at Dollar Stores There is no secret that inflation has affected all food retailers. What some food retailers from fast food restaurants to legacy grocery store chains seem to be forgetting is for most households consumers paychecks are not keeping up with inflation. If you are a food retailer that is continuing to raise prices in order […] Grocerant Guru April 1, 2023April 1, 2023 4 min read ConsumersBrick and MortarDept. GroceryData & InsightsEconomyShoppersDept. FreshMarketing: SocialDept. PerimeterDept. BeverageDept. NonfoodRestaurantsTwitterMeta (Facebook)Dept. ApparelCostcoDept. Fresh PreparedDollar GeneralESG and CSRInclusivityMarketing: TradeMerchandisingPricing & PromotionsBJ’s Wholesale Club 0 Saving Bookmark this article Bookmarked
Media & Marketing Lovesac net sales up 22% in Q4 amid industry pressures The DTC furniture brand has been strengthening its wholesale presence, opening 33 new in-store pop-ups at Costco. RetailDive March 29, 2023March 29, 2023 < 1 min read Marketing: In StoreDeliveryCostco 0 Saving Bookmark this article Bookmarked
Channel: Club Refill startup Blueland reaches profitability Four years after being founded, the home care brand is entering Target and Costco stores as it continues to grow its wholesale presence. RetailDive March 27, 2023March 27, 2023 < 1 min read TargetCostcoBrick and Mortar 0 Saving Bookmark this article Bookmarked
Merchandising Costco kiosk offers free product samples Post Content Retail Customer Experience March 24, 2023April 5, 2023 < 1 min read Pricing & PromotionsMarketing: In StoreCostco 0 Saving Bookmark this article Bookmarked
Channel: Club Can Costco maintain its edge over Sam’s Club? [[“value”:”Sam’s Club is betting that investments in robotics and technology can help it better engage with budget-conscious shoppers and take on its competitors.”]] CNBC March 24, 2023March 24, 2023 < 1 min read CostcoTechnology & InnovationShoppersTech: Robotics 0 Saving Bookmark this article Bookmarked
Channel: Club Club meeting recap: Cramer says investors should find safety in defensive stocks like Costco [[“value”:”The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.”]] CNBC March 24, 2023March 24, 2023 < 1 min read Costco 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
Channel: Mass Channel: Grocery - Natural Channel: Mass Channel: Specialty & Other Department & Category Department: Consumer Durables Department: Nonfood Corporate Strategy Media & Marketing Shopper & Customer Trends & External Forces Merchandising Stores & Formats Target Leapfrogs Walmart For Upscale Grocery Approach Bloomberg has a story about how “a slew of retailers are beefing up their grocery investments to lure in consumers cutting back on non-essentials like clothing and electronics. But as they lay out plans to improve their food offerings and supply chains, the big question is how does one compete with the mighty Walmart Inc. on […] Written by MorningNewsBeat June 8, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Department: Beverage CPG: Adult Beverage CPG: Beverage CPG: Food CPG: Food & Bev CPG: HBC Channel: Ecommerce & Digital Channel: Restaurants Department & Category Department: Adult Beverage Department: Beverage Department: Food Department: HBC Department: Nonfood Corporate Strategy Corporate Finance Corporate Purpose ESG Media & Marketing Agencies & Vendors Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Merchandising Operations & Supply Chain Circana reveals 2022 New Product Pacesetters CHICAGO – Circana, formerly IRI and The NPD Group, has released its 2022 New Product Pacesetters, the 28th annual report revealing the top new product launches across food and beverage and nonfood sectors. The report illustrates the enduring power of CPG innovation, revealing that consumer spending on new product offerings remained elevated last year despite challenges […] Written by MMR June 8, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Channel: Mass Channel: Mass Acquisitions, Divestitures & Mergers Media & Marketing Retailer Media Shopper & Customer Trends & External Forces Owned Brands (Private Label) Walmart Upgrades Its Digital Ad Network From Advertising Age: “Walmart Connect, which has made huge gains in recent years through digital advertising, is testing ways to bolster in-store pieces of its retail media network. “For the first time, Walmart Connect is selling ads on its revamped in-store radio network and integrating sampling programs with online offerings. While aspects of Walmart Connect’s […] Written by MorningNewsBeat June 7, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Channel: Grocery Trends & External Forces Stores & Formats H-E-B expands its discount format Several years after opening its last Joe V’s location, H-E-B is reigniting the banner with two locations set to open in Dallas by 2025. Dive Brief: H-E-B announced Tuesday it is opening two Joe V’s Smart Shop by H-E-B stores in Dallas, marking the first time the grocer’s discount format will appear outside of the Houston area. […] Written by Grocery Dive June 7, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Retailer Media ESG Media & Marketing Retailer Media Shopper & Customer Operations & Supply Chain Giant Eagle launches in-house retail media network Leap The platform leverages the chain’s loyalty program, bringing personalized ads to shoppers in-store, in-app, on social media and elsewhere, said Damian Scott, who heads up the grocer’s retail media and front-end digital operations. Dive Brief: Giant Eagle announced on Wednesday the debut of Leap Media Group, an in-house retail media arm that leverages the regional […] Written by Grocery Dive June 7, 2023June 8, 2023 Saving Bookmark this article Bookmarked