Technology & Innovation Your Views: Even A Blind Man Knows Got the following email regarding my conversation with ReposiTrak’s Randy Fields and Dr. Benjamin Miller, executive vice president of regulatory and scientific affairs of The Acheson Group (TAG): Thank you for presenting the discussion about the FDA’s new traceability requirements. People in our industry are simply not aware of the impending, major disruption in logistics […] MorningNewsBeat December 4, 2023December 4, 2023 8 min read AITechnology & InnovationTargetRegional GroceryAssociatesDept. GroceryShoppersBrick and MortarConsumersAlbertsons / SafewayTech: CashierlessGhost KitchenAcquisitionExecutivesWalmartKrogerWhole FoodsOperations & Supply ChainEconomyRestaurantsBOPISMarketing: UGCStore LocationDept. PerimeterGovernmentOwned Brands (Private Label)Procter & GambleLegal & CriminalPepsiCoMerchandisingMergersCustomer ExperienceDept. FreshThick DataAhold DelhaizeWakefernAldiVendorsStrategyChatGPTCoca ColaCostco 0 Saving Bookmark this article Bookmarked
Data & Insights U.S. Brands: Consumer Category Trends This article provides insight into recent consumer category trends based on sell-through data in August and September 2023, highlighting those that have sustained growth and others that are decelerating. Accelerations Non-discretionary categories such as food and pet supplies have seen a notable increase in wallet share gains. This can be attributed to changes in consumer […] Yipitdata November 29, 2023November 29, 2023 2 min read Data & InsightsConsumersDept. HBCDept. NonfoodHealth & WellnessWalmartCostcoDept. ApparelDept. GroceryDept. Sporting goodsDept. Toys & GamesEconomyHome DepotTargetDept. PetAmazon 0 Saving Bookmark this article Bookmarked
Channel: Grocery Study: Retail Personalization Winners (& Why) dunnhumby has released a special edition of the dunnhumby Retailer Preference Index (RPI), this one “designed to determine which retailers in the $1 trillion U.S. grocery market personalize the shopping experience best for their customers.” The winner is: Amazon. H-E-B and Kroger came in second and third. According to the report, “These three retailers are […] MorningNewsBeat November 15, 2023November 15, 2023 3 min read ShoppersRegional GroceryMarketing: Direct & PersonalizationAmazonTargetKrogerHEBData & InsightsMerchandisingdunnhumbyInsight ProvidersMarketing: Retail MediaBig DataMarketing: Loyalty & SubscriptionGiant EagleWegmansWalgreensLidlAldiMeijerSoutheastern GrocersWakefernDept. GroceryMarketing: In StoreGrocery OutletBrick and MortarCostcoCVSDeliveryAhold Delhaize 0 Saving Bookmark this article Bookmarked
Corporate Strategy Cramer: eBay’s results boost investment case for stocks like Costco and Amazon The commentary from eBay executives painted a picture that says, “Oh man, I’d rather be in Costco. I’d rather in Amazon,” Jim Cramer said Wednesday. CNBC November 9, 2023November 9, 2023 < 1 min read CostcoAmazonResults & InvestmentExecutives 0 Saving Bookmark this article Bookmarked
Department: Beverage The SN News Quiz: Frozen isn’t going anywhere [[“value”:” Here are the results of this week’s SN News Quiz! 1. How much money did Walmart just say it planned to invest into its 1400 existing stores? $3 billion $6 billion $9 billion (woohoo) 2. Which grocery is launching an “exclusive” wine club? The Fresh Market Gelson’s (good job) Harris […] Supermarket News November 1, 2023November 1, 2023 < 1 min read Dept. BeverageWalmartDept. Adult BevBrick and MortarDept. GroceryResults & InvestmentOperations & Supply ChainKrogerHoliday & EventsDept. FrozenDept. FreshShoppersThe Fresh MarketCostcoRegional GroceryBJ’s Wholesale Club 0 Saving Bookmark this article Bookmarked
Shopper & Customer The Ripple Effect of Cultural Events on Consumer Behavior In the ever-evolving world of consumer behavior, economic challenges and cultural moments profoundly impact purchasing trends. These trends provide valuable insights into how consumers respond to various factors, shaping the strategies of companies seeking to meet their evolving needs. Three significant trends, namely, the digital transformation of back-to-school shopping, the evolution of Amazon.com’s Prime Day, […] Piyush Patel October 31, 2023October 31, 2023 3 min read ConsumersHoliday & EventsAmazonEconomyDept. NonfoodData & InsightsPredictions and ForecastsShoppersResults & InvestmentDept. ApparelTechnology & InnovationCOVID19Pricing & PromotionsHealth & WellnessDept. HBCCostcoTrends: Retail 0 Saving Bookmark this article Bookmarked
Channel: Mass SN Top: Sobeys, Walmart, Walgreens top the week's headlines [[“value”:” In this week’s recap of the Top 10 most popular Supermarket News articles, the top story was Sobeys vegetable supplier calls it quits. A supplier of some vegetables to Sobeys stores has sold its operations, reports Canada news outlet Saltwire. Sawler Gardens’ sale with a local farmer located about a mile from its land located on […] Supermarket News October 23, 2023October 23, 2023 < 1 min read Dept. FreshWalgreensWalmartBankruptcyRegional GroceryInternational - North AmericaDept. PerimeterRite AidAlbertsons / SafewayBrick and MortarKrogerMergersExecutivesStore LocationPublixPredictions and ForecastsOperations & Supply ChainCostcoKraftHeinzAldiHoliday & EventsDivestituresAssociatesCVSStrategy 0 Saving Bookmark this article Bookmarked
Trends & External Forces Costco CEO Craig Jelinek to resign [[“value”:” Costco CEO Craig Jelinek, who led the warehouse retailer through the COVID-19 pandemic, will be stepping down at the end of the year. Jelinek was first named CEO back in 2012 and will continue to serve in an advisory role through April 2024. Stepping in to replace him on Jan. 1 will […] Supermarket News October 20, 2023October 20, 2023 < 1 min read CostcoExecutivesCOVID19Predictions and ForecastsShoppersResults & InvestmentOperations & Supply ChainEconomy 0 Saving Bookmark this article Bookmarked
Technology & Innovation Worth Reading: “Self-Checkout Is a Failed Experiment” The Atlantic has a piece suggesting that “all is not rosy in the world of self-checkout, and some companies seem to realize it. Walmart has removed the kiosks entirely from a handful of stores, and is redesigning others to involve more employee help. Costco is stationing more staffers in its self-checkout areas. ShopRite is adding […] MorningNewsBeat October 19, 2023October 19, 2023 2 min read Tech: CashierlessBrick and MortarTechnology & InnovationAssociatesShoppersLegal & CriminalRegional GroceryWegmansWakefernMarketing: In StoreWalmartCostco 0 Saving Bookmark this article Bookmarked
Corporate Strategy Costco names Ron Vachris as CEO Vachris, a veteran company executive who currently serves as president and chief operating officer of the club retailer, will take over the top job from Craig Jelinek on Jan. 1. Grocery Dive October 19, 2023October 19, 2023 < 1 min read ExecutivesCostco 0 Saving Bookmark this article Bookmarked
Corporate Strategy Craig Jelinek to step down as Costco CEO ISSAQUAH, Wash. — Costco Wholesale Corp. chief executive officer Craig Jelinek intends to step down from that role, effective January 1, 2024. Ron Vachris The Board of Directors has elected Ron Vachris, who has served as president and chief operating officer since February 2022, to succeed Jelinek as CEO, while continuing to serve as president. […] MMR October 19, 2023October 23, 2023 2 min read ExecutivesCostcoInternational - North AmericaPredictions and ForecastsResults & InvestmentOperations & Supply ChainMerchandisingInternational - UK 0 Saving Bookmark this article Bookmarked
Corporate Strategy Costco CEO Craig Jelinek to step down Jan. 1. COO Ron Vachris will take over [[“value”:”The warehouse club has benefited from sales growth, fueled by pandemic pantry-loading, inflation and millennials moving to the suburbs.”]] CNBC October 18, 2023October 18, 2023 < 1 min read ExecutivesCostcoOperations & Supply ChainEconomyCOVID19Consumers 0 Saving Bookmark this article Bookmarked
Media & Marketing Allocating Retail Space To Improve Security, Increase Spending In the vibrant corridors of retail environments, where consumer activity perpetually buzzes, the strategic allocation of retail space emerges not merely as a tactic but as an essential strategy, intertwining security and spending patterns. The meticulous planning and execution of retail space management extend beyond the mere placement of products, embedding within its scope the […] Retail Minded October 18, 2023October 18, 2023 4 min read Technology & InnovationAIShoppersCustomer ExperienceSustainabilityStrategyConsumersData & InsightsLegal & CriminalAssociatesTargetCostcoWalmartOperations & Supply ChainDollar GeneralPredictions and ForecastsStore LocationTrends: RetailMarketing: In StoreMerchandising 0 Saving Bookmark this article Bookmarked
Channel: Drug Your Views: Performance Issues This reaction to our story about Rite Aid’s bankruptcy: Sad story about Rite-Aid. Living in a town that has all three (RA, CVS, & Walgreens), I foresee the only thing keeping the Rite-Aid open is the fact that it is in a neighborhood area and likely gets decent local foot traffic. I cannot imagine that’s […] MorningNewsBeat October 17, 2023October 17, 2023 4 min read Rite AidAssociatesCVSAmazonCostcoHoliday & EventsStore LocationWalgreensExecutivesBrick and MortarBest BuyBankruptcyDeliveryHealth & WellnessMarketing: BroadcastPartnershipsPricing & PromotionsTargetDept. Pharmacy 0 Saving Bookmark this article Bookmarked
Trends & External Forces Costco accused of sharing customer health info with Meta in lawsuit [[“value”:” A recent lawsuit filed against Costco alleges that the wholesale retailer inappropriately shared customer health information with Facebook’s parent company, Meta, according to reporting from SFGATE. The lawsuit, which was filed with the Washington Western District Court on Friday, alleges that Costco used Meta Pixel, a third-party tracking database, on its website […] Supermarket News October 14, 2023October 14, 2023 < 1 min read CostcoShoppersLegal & CriminalHealth & WellnessMeta (Facebook)InstacartStrategyDeliveryTargetResults & InvestmentMarketing: Social MediaDept. PharmacyDept. HBC 0 Saving Bookmark this article Bookmarked
Data & Insights 3 ways Costco can win leveraging AI and its treasure trove of member shopping data [[“value”:”Costco (COST) could further enhance its stellar operation by incorporating generative artificial intelligence into its business.”]] CNBC October 13, 2023October 13, 2023 < 1 min read AICostcoTechnology & InnovationData & Insights 0 Saving Bookmark this article Bookmarked
Trends & External Forces Your Views: Filling A Void On the subject of how Starbucks and its former CEO, Howard Schultz, handled unionization movements within the company, MNB reader Rich Heiland wrote: Back when I was in my first general manager’s job at a newspaper in 1978 I went to a day-long seminar on how to keep unions out of your business. That may […] MorningNewsBeat October 13, 2023October 13, 2023 5 min read GovernmentAmazonWhole FoodsAssociatesWegmansDept. GroceryRegional GroceryConsumersEconomyLegal & CriminalTechnology & InnovationKrogerAlbertsons / SafewayCompetitionDept. ApparelMergersMerchandisingWalmartBrick and MortarCostcoDept. FuelExecutivesPredictions and ForecastsOwned Brands (Private Label)Operations & Supply ChainRestaurants 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Is Amazon Really Good For Consumers? The Boston Globe has a piece in which it asks the question, does it necessary follow that if you can buy a 55-inch television on Amazon for $249, that Amazon is necessarily good for consumers? It is a question that certainly complicates any case that will be made by the Federal Trade Commission (FTC) in […] MorningNewsBeat October 12, 2023October 12, 2023 2 min read AmazonConsumersWhole FoodsDept. GroceryGovernmentLegal & CriminalCompetitionEconomyRegional GroceryCostcoDept. NonfoodKrogerMergersTechnology & InnovationWalmartAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Associates & Employees Most Dollar General workers can’t take paid sick leave: report According to a recent survey, Dollar General workers have trouble when it comes to obtaining paid sick leave, reports Bloomberg. The Harvard Shift Project conducted the study, which looked specifically at the access service workers have to paid sick leave. The study found that a little less than half of them (49%) do not get […] Supermarket News October 12, 2023October 12, 2023 < 1 min read AssociatesDollar GeneralCOVID19Thick DataDept. RefrigeratedDept. FreshDept. DairyResults & InvestmentCostcoAhold Delhaize 0 Saving Bookmark this article Bookmarked
Data & Insights Unique Holiday Marketing Ideas for Ecommerce brands with Examples Ho Ho Ho! The holiday season is upon us and it’s time for brands to wipe the dust off the box, get in it and think outside of that box to bring in some quality holiday traffic. Holiday marketing could be very different from marketing throughout the year. Brands need to get all in with their […] Latest Shipment October 11, 2023October 11, 2023 5 min read Data & InsightsHoliday & EventsDeliveryShoppersTargetMondelezConsumersStrategyMarketing: Direct & PersonalizationPackagingReturnsCostcoOperations & Supply ChainStore LocationDept. NonfoodCompetitionMarketing: Loyalty & SubscriptionDept. ApparelDept. HBCConsultingTrends: ConsumerDept. OTCDept. Toys & GamesEconomyESG and CSRMarketing: Social MediaMetaverseTech: AR and VRTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Trends & External Forces Costco Accused Of Sharing Customer Health Data The Seattle Times reports that Costco has been sued for “allegedly” sharing its online customers’ “private communications and health information with Facebook-parent Meta without their consent.” The lawsuit charges that Costco “used Meta Pixel, a code that allows companies to track visitor activity on their websites, in the health care portion of its website. The […] MorningNewsBeat October 10, 2023October 10, 2023 < 1 min read CostcoHealth & WellnessShoppersMeta (Facebook)Data & InsightsLegal & CriminalDept. NonfoodMarketing: Social MediaDept. PharmacyDept. HBC 0 Saving Bookmark this article Bookmarked
Technology & Innovation Canada’s five largest grocery chains pledge to stabilize food prices Metro, Loblaws, Sobeys, Walmart and Costco made initial commitments after recently meeting with the country’s minister of innovation, science and industry. Grocery Dive October 9, 2023October 9, 2023 < 1 min read International - North AmericaEconomyDept. GroceryWalmartTechnology & InnovationCostco 0 Saving Bookmark this article Bookmarked
Trends & External Forces Canadian grocery chains are providing discounts, price-freezing [[“value”:” Five of the largest Canadian grocery chains met with Industry Minister Francois-Philippe Champagne to deliver plans to stabilize food prices. The heads of Loblaw, Sobeys, Metro, Costco, and Walmart met with Champagne in Ottawa last month to confront food prices that increased 6.9% in August compared to last year, while the overall […] Supermarket News October 7, 2023October 7, 2023 2 min read GovernmentInternational - North AmericaPricing & PromotionsMarketing: TradeCompetitionConsumersDept. GroceryBrick and MortarCostcoWalmartEconomyResults & InvestmentHoliday & EventsDept. NonfoodOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Technology & Innovation Your Views: “The Dirty Corners of Retail Practices” On the subject of the Amazon-FTC legal battle, one MNB reader wrote: If I was the retail industry and individual grocers, I would be watching this closely. On the surface, this looks like the FTC is taking its flashlight into Amazon’s dingy basement and shining a light into the dirty corners of retail practices. But […] MorningNewsBeat October 6, 2023October 6, 2023 11 min read Technology & InnovationAIShoppersAmazonWalgreensCompetitionDept. GroceryWakefernRegional GroceryGovernmentAssociatesBrick and MortarLegal & CriminalHEBConsumersWalmartAlbertsons / SafewayEconomyDollar GeneralPricing & PromotionsHealth & WellnessMarketing: TradeRestaurantsCOVID19CostcoTargetHoliday & EventsMarketing: Retail MediaData & InsightsDept. LaundryStore LocationSustainabilityMarketing: In StoreMerchandisingOperations & Supply ChainDept. PharmacyDept. Natural / OrganicDept. OTCDept. BeveragePublixExecutivesDept. FreshResults & InvestmentDept. ApparelDept. HBC 0 Saving Bookmark this article Bookmarked
Channel: Club Costco Selling Out Its Gold Bar Inventory The Associated Press reports that Costco is consistently selling out the one-ounce gold bars that it has been marketing via its website. In fact, the story says, they are selling out “faster than discounted 170-ounce jugs of laundry detergent.” Selling out so fast that Costco has had to impose a two-bar limit on sales. According […] MorningNewsBeat October 5, 2023October 5, 2023 2 min read CostcoOperations & Supply ChainDept. LaundryResults & Investment 0 Saving Bookmark this article Bookmarked
Owned Brands (Private Label) How Retailers Can Bring Creativity and Originality Back to Private Label Products Twenty years ago, retailers aiming to launch new store brands to fend off the negative associations created by the “generics era” would say to their design agencies, “Get this as close to the national brand target as you possibly can.” Call it the copycat phase of private label development. Mimicking Green Giant or Coca-Cola was […] Retail TouchPoints October 5, 2023October 5, 2023 4 min read Owned Brands (Private Label)ConsumersTrader JoesShoppersTargetWegmansStrategyWhole FoodsRegional GroceryDept. NonfoodMarketing: Social MediaDept. PetHealth & WellnessPartnershipsSustainabilityOperations & Supply ChainBrick and MortarMarketing: Loyalty & SubscriptionMarketing: BrandCOVID19EconomyWalmartDept. Natural / OrganicDept. Consumer ElectronicsDept. BeverageCostcoCoca ColaPublixAgencies 0 Saving Bookmark this article Bookmarked
Channel: Delivery Costco shifts refund strategy with Instacart shoppers [[“value”:” Costco is changing the way it handles refunds with Instacart shoppers. Previously, if shoppers had orders that were not claimed, Costco would issue gift cards to the Instacart employees, who have to purchase the orders on the front end using debit cards from Instacart. But due to misuse cited by Costco, […] Supermarket News October 3, 2023October 3, 2023 < 1 min read InstacartDeliveryCostcoShoppersReturnsStrategyPredictions and ForecastsAssociates 0 Saving Bookmark this article Bookmarked
Department & Category Food Fight Underway It Is A Battle for Share of Stomach The seemingly never-ending battle for food dollars has blurred the lines of retail foodservice. Today, Restaurants, Grocery Stores, Convenience Stores, Dollar Stores are all battling Ikea, Costco Wholesale, Ralph Lauren, and Nordstrom’s for a larger Share of Stomach according to Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. Legacy established food retailers […] Grocerant Guru October 1, 2023October 1, 2023 3 min read Dept. GroceryConsumersData & InsightsBrick and MortarDept. ApparelShoppersInclusivityHealth & WellnessDept. PerimeterMarketing: Social MediaDept. FreshRestaurantsCostcoStart UpsMarketing: BrandStore Location 0 Saving Bookmark this article Bookmarked
Channel: Club Costco Q2 (FYQ4) 2023 Earnings Recap Costco topped quarterly revenue & earnings expectations due to steady grocery demand, despite weaker trends on discretionary & big-ticket items. Underlying positive sentiment for the end of Costco’s fiscal year was anchored by positive momentum for traffic & membership growth and an increase in their mix of Executive Memberships. *Note: Costco’s fiscal year runs from […] The Harvest Group September 29, 2023September 29, 2023 < 1 min read CostcoResults & InvestmentVendorsStore LocationExecutives 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger, Albertsons, Safeway excel in digital ordering: report TOP TAKEAWAYS In 2023, the average number of shopping trips increased by 16%, while the average order value rose by 25% Customers’ online shopping preference rose for national retailers like Walmart (56% to 59%) and online-only choices like Amazon (26% to 28%), but fell for third-party apps like Instacart (18% to 13%) Digital shoppers like […] Supermarket News September 29, 2023September 29, 2023 2 min read ShoppersRegional GroceryAlbertsons / SafewayKrogerDeliveryInstacartBrick and MortarWalmartTechnology & InnovationHy-VeeCustomer ExperienceInternationalWalgreensWhole FoodsPredictions and ForecastsThick DataOperations & Supply ChainAmazonBJ’s Wholesale ClubDept. GroceryCostcoConsumersPublixTargetData & Insights 0 Saving Bookmark this article Bookmarked
Trends & External Forces Channel: Mass Department: Consumer Durables Department: Nonfood Corporate Strategy Corporate Finance Partnerships & Alt Profit Media & Marketing Agencies & Vendors Data & Insights Technology & Innovation Trends & External Forces Stores & Formats NRF Retracts Claim that Organized Retail Crime Accounted for ‘Nearly Half’ of Retail Shrink The National Retail Federation (NRF) has updated a report that had attributed “nearly half” of 2021’s $94.5 billion in retail shrink to organized retail crime, saying the data point was part of two-year-old testimony to a U.S. Senate committee by Ben Dugan, former President of the Organized Retail Crime Resource Center. The NRF report was […] Written by Retail TouchPoints December 7, 2023December 7, 2023 Saving Bookmark this article Bookmarked
Data & Insights Corporate Strategy Data & Insights Technology & Innovation Associates & Employees Stores & Formats Walmart’s hiring and wage pressures have eased, CEO says Walmart CEO Doug McMillon also said artificial intelligence is changing employees’ roles across stores and in warehouses. Written by CNBC December 6, 2023December 7, 2023 Saving Bookmark this article Bookmarked
Technology & Innovation Media & Marketing Shopper & Customer Technology & Innovation Regional grocers’ e-commerce sales slip in Q3, research finds The drop is due to a higher rate of lapsed shoppers who have either gone back to in-store buying or switched to a competitor’s online services, a new Brick Meets Click and Mercatus report found. Written by Grocery Dive December 6, 2023December 7, 2023 Saving Bookmark this article Bookmarked
Shopper & Customer Corporate Strategy Shopper & Customer Trends & External Forces Walmart CEO says consumers may not be as resilient next year, even as deflation starts to show In a CNBC interview, Walmart CEO Doug McMillon said the discounter is gearing up for a year when it faces tougher comparisons because of falling prices. Written by CNBC December 6, 2023December 7, 2023 Saving Bookmark this article Bookmarked
Channel: Delivery Channel: Ecommerce & Digital Trends & External Forces DoorDash named one of Fortune’s Future 50 Companies The delivery company made the list out of 1,000 publicly traded companies that were considered Written by Supermarket News December 6, 2023December 7, 2023 Saving Bookmark this article Bookmarked