Costco

Articles on Costco.

  1. 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 […]
7 min read
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  1. 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 […]
3 min read
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  1. 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 […]
< 1 min read
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  1. 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 […]
2 min read
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  1. 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 […]
< 1 min read
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  1. 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.
< 1 min read
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  1. 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 […]
2 min read
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  1. 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 […]
2 min read
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  1. 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 […]
< 1 min read
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  1. 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 […]
3 min read
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  1. 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 […]
4 min read
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  1. 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 […]
3 min read
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  1. 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 […]
< 1 min read
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  1. 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 […]
2 min read
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  1. 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 […]
4 min read
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  1. 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 […]
4 min read
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  1. 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 […]
5 min read
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Editor’s Choice

  1. Channel: Mass
  2. Channel: Grocery - Natural
  3. Channel: Mass
  4. Channel: Specialty & Other
  5. Department & Category
  6. Department: Consumer Durables
  7. Department: Nonfood
  8. Corporate Strategy
  9. Media & Marketing
  10. Shopper & Customer
  11. Trends & External Forces
  12. Merchandising
  13. 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 […]
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  1. Department: Beverage
  2. CPG: Adult Beverage
  3. CPG: Beverage
  4. CPG: Food
  5. CPG: Food & Bev
  6. CPG: HBC
  7. Channel: Ecommerce & Digital
  8. Channel: Restaurants
  9. Department & Category
  10. Department: Adult Beverage
  11. Department: Beverage
  12. Department: Food
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  14. Department: Nonfood
  15. Corporate Strategy
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  18. ESG
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  21. Data & Insights
  22. Shopper & Customer
  23. Technology & Innovation
  24. Trends & External Forces
  25. Merchandising
  26. 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 […]
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  1. Channel: Mass
  2. Channel: Mass
  3. Acquisitions, Divestitures & Mergers
  4. Media & Marketing
  5. Retailer Media
  6. Shopper & Customer
  7. Trends & External Forces
  8. 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 […]
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  1. Channel: Grocery
  2. Trends & External Forces
  3. 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. […]
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  1. Retailer Media
  2. ESG
  3. Media & Marketing
  4. Retailer Media
  5. Shopper & Customer
  6. 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 […]
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