Trends & External Forces Walmart-owned Sam’s Club plans to open about 30 new stores over next five years [[ Getty Images Walmart-owned Sam’s Club on Thursday said it will open more than 30 new stores in the U.S., marking its most aggressive expansion in years. The warehouse club’s next store is expected to open in Florida in 2024. Sam’s Club also plans to open five fulfillment and distribution centers this year, with the […] CNBC January 27, 2023January 27, 2023 4 min read Brick and MortarWalmartCostcoData & InsightsOperations & Supply ChainEconomyCOVID19Dept. FuelAssociatesDept. GrocerySams ClubShoppersBOPISBed Bath & BeyondBJ’s Wholesale ClubDept. BeverageDept. PetPackagingDept. NonfoodCompetitionDeliveryDept. Fresh PreparedDept. FreshTechnology & InnovationExecutivesOwned Brands (Private Label)Predictions and ForecastsDept. Paper 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain How Costco Dealt With Inventory Overstocks The Street has a story about how in the summer of 2022, as the consumer spending that typified the pandemic slammed headfirst into inflation and a post-recession mindset, “Walmart and Target both publicly declared that they had warehouses full of the wrong merchandise for the holiday season. “To fix that, both chains heavily discounted certain […] MorningNewsBeat January 25, 2023January 25, 2023 2 min read Operations & Supply ChainCostcoHoliday & EventsWalmartTargetEconomyCOVID19ExecutivesMarketing: TradePricing & PromotionsResults & InvestmentShoppersConsumers 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart Targets Small Businesses With Walmart Business Offering Walmart last week launched a dedicated e-commerce site tailored to small and midsize business (SMB) customers. The website, Walmart Business, will offer “a curated assortment of more than 100,000 items with categorization and navigation tailored to busy organizational shoppers, Walmart said in a press release. The product categories include office supplies and furniture, food and beverage, restroom, […] Melissa Campanelli January 23, 2023January 24, 2023 2 min read WalmartDeliveryBOPISDept. NonfoodShoppersOperations & Supply ChainDept. BeverageEconomyBrick and MortarMerchandisingTechnology & InnovationPricing & PromotionsPress ReleasePartnershipsExecutivesMarketing: In StoreGovernmentDept. GroceryCOVID19CostcoAmazon 0 Saving Bookmark this article Bookmarked
Technology & Innovation A big CES 2023 trend: all battery power, everywhere, all the time. As we were roaming the halls of CES in Las Vegas, one product category stood out across the board; there’s a lot of focus on portable (and less portable) power storage. These are more than your average charge-your-phone-once-or-twice battery packs, ranging from simple small power packs, to sophisticated power stations that can connect to portable […] TechCrunch January 8, 2023January 10, 2023 6 min read Technology & InnovationIndustry Conferences and EventsPredictions and ForecastsDept. NonfoodSustainabilityData & InsightsWalmartDept. ApparelDept. AppliancesLowesMarketing: SocialOperations & Supply ChainTrends: TechHome DepotCostco 0 Saving Bookmark this article Bookmarked
Channel: Club Costco’s December sales beat shows the Club holding is still the retailer to own [[“value”:”Club holding Costco Wholesale (COST) delivered strong sales growth in December, demonstrating the retailer’s ability to consistently attract customers despite gathering economic headwinds. For the 5 weeks ended Jan. 1, Costco’s net sales increased 7% year-over year, to $23.8 billion, the company reported Thursday. Total comparable sales, which excludes the impact of fluctuations in gasoline […] CNBC January 7, 2023January 7, 2023 2 min read CostcoConsumersEconomyDept. NonfoodDept. GroceryPhilanthropyData & InsightsDept. ApparelDept. FreshDept. FuelHoliday & EventsMarketing: BroadcastResults & InvestmentStore LocationSustainabilityDept. Sporting goodsTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Boxed To Explore Strategic Alternatives, Including Possible Sale Boxed, which gained attention when it launched as a e-commerce site offering club-style SKUs without requiring a membership in the style of Costco or Sam’s Club, yesterday said it “has launched a process to explore strategic alternatives, including, among other alternatives, a possible sale of the Company. In addition, the Company is, in parallel, actively […] MorningNewsBeat January 7, 2023January 7, 2023 < 1 min read DeliveryResults & InvestmentPredictions and ForecastsPartnershipsCostco 0 Saving Bookmark this article Bookmarked
Trends & External Forces Pickleball popularity exploded last year, with more than 36 million playing the sport South Pasadena, CA – July 23: Pete Dinero, right, eyes a shot as his partner David Valera looks on as they play pickleball at the Arroyo Seco Racquet Club in South Pasadena on Saturday, July 23, 2022. Keith Birmingham Getty Images Terri Graham, the co-founder of the Minto US Open Pickleball Championships, the largest event […] CNBC January 5, 2023January 5, 2023 3 min read COVID19ESG and CSRPartnershipsPredictions and ForecastsExecutivesConsumersLegal & CriminalCostcoDept. BakeryDept. NonfoodWalmartHealth & WellnessHoliday & EventsMarketing: BroadcastDept. Sporting goodsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Technology & Innovation Retailers brace for tougher times and more frugal customers in 2023 January is typically an overlooked month for retailers. Shoppers make returns and exchanges. They come to stores with gift cards in hand. And they may spring for workout clothes or other items to follow through on New Year’s resolutions. But this year, January carries higher stakes. The next few weeks, which close out many retailers’ […] CNBC January 2, 2023January 3, 2023 3 min read Technology & InnovationHoliday & EventsConsumersData & InsightsEconomyShoppersPredictions and ForecastsOperations & Supply ChainDept. NonfoodCOVID19Brick and MortarTargetWalmartDept. GroceryStore LocationResults & InvestmentReturnsBest BuyPricing & PromotionsMarketing: In StoreRestaurantsExecutivesDept. DairyDept. FuelConsultingCostcoDept. ApparelDept. BeverageAssociates 0 Saving Bookmark this article Bookmarked
Corporate Purpose Jim Cramer’s Investing Club meeting Friday: Fed strategy, Club mantra, buying opportunities The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.[[“value”:”Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. The Fed isn’t ready to stop Investing mantra reminder Looking to buy 1. The Fed isn’t ready to […] CNBC December 27, 2022December 27, 2022 2 min read StrategyEconomyResults & InvestmentPhilanthropyAssociatesSustainabilityMarketing: BroadcastGeneral MillsDept. GroceryData & InsightsCPG: Adult BeverageCostcoConsumers 0 Saving Bookmark this article Bookmarked
Channel: Club Survey shows a Costco membership fee hike would face little resistance — we think so, too Most American shoppers say they are willing to pay more for their retail club memberships — a sentiment that bodes well for Costco (COST). CNBC December 22, 2022December 22, 2022 < 1 min read CostcoThick DataShoppers 0 Saving Bookmark this article Bookmarked
Shopper & Customer Costco CEO’s cautious consumer outlook justifies our near-term view on the stock Costco CEO Craig Jelinek painted a mixed picture Monday, one in which consumers are more vigilant but inflation is cooling. CNBC December 19, 2022December 19, 2022 < 1 min read ConsumersExecutivesCostcoEconomy 0 Saving Bookmark this article Bookmarked
Channel: Club Costco Exec Warns That Members Should Expect a Fee Hike There’s a reason so many people love shopping at Costco despite having to pay a membership fee to be able to walk through the door. Costco is known for its competitive prices across a wide range of grocery and household products. Plus, Costco’s rotational products also tend to be heavily discounted, so all told, there’s a lot […] NASDAQ - Markets December 16, 2022December 17, 2022 2 min read ExecutivesCostco 0 Saving Bookmark this article Bookmarked
Channel: Grocery In Texas, The Positive Impact Of A Rising H-E-B Tide From the Dallas Morning News, a story about how “the owners of nearby retail properties and buyers of land near future H-E-B stores are also excited to see the popular grocer expanding to Dallas-Fort Worth.” These companies believe in the aphorism that a rising tide will lift all boats, generating new occupants for shopping centers […] MorningNewsBeat December 15, 2022December 15, 2022 < 1 min read HEBBrick and MortarCostcoPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Data & Insights November 2022 Earnest Research Spend Index The Earnest Analytics Spend Index (EASI) fell below year ago levels in November, as both in-store and online sales decelerated meaningfully. Fashion Resale and Active & Athleisure stood out among Apparel & Accessories, growing low single digits headed into the holiday season. Gyms and Workout continue to recover from the pandemic, while Home Fitness declined […] Earnest Research December 14, 2022December 20, 2022 < 1 min read Data & InsightsConsumersTechnology & InnovationMarketing: In StoreHoliday & EventsDept. ApparelDept. FuelDept. NonfoodCostcoCOVID19EconomyHealth & WellnessOperations & Supply ChainBJ’s Wholesale Club 0 Saving Bookmark this article Bookmarked
Stores & Formats Dollar General Sees Big Things For Suburban Popshelf Format CNBC reports that Dollar General, which already is pursuing an aggressive growth strategy for its eponymous chain, also is planning to ramp up expansion plans for its Popshelf format, which “caters to suburban shoppers with higher incomes, but sells most items for $5 or less” and is “designed to be a treasure hunt that keeps […] MorningNewsBeat December 14, 2022December 14, 2022 2 min read Dollar GeneralConsumersShoppersBrick and MortarEconomyStrategyWalmartCostcoPredictions and ForecastsTargetHoliday & EventsBest Buy 0 Saving Bookmark this article Bookmarked
Channel: Club Costco Q3 2022 Earnings Recap (Fiscal Q1) Costco’s stock rose ~$15 per share on Friday, December 12th, following Costco’s fiscal Q1 2023*… The Harvest Group December 13, 2022December 21, 2022 < 1 min read CostcoResults & InvestmentPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Channel: Club Costco misses estimates for first quarter results ISSAQUAH, Wash. — Costco Wholesale Corp. posted gains in first quarter sales and profits, but they fell short of analysts’ estimates. Adjusted earnings per share of $3.07 in the quarter ended November 20 were up from $2.98 a year earlier, but missed Wall Street’s forecast of $3.11 per share. Sales were $53.44 billion, up 8.1% […] MMR December 12, 2022December 13, 2022 2 min read CostcoEconomyOperations & Supply ChainResults & InvestmentExecutivesConsumersTechnology & InnovationPredictions and ForecastsDeliveryAssociates 0 Saving Bookmark this article Bookmarked
Channel: Club Costco reports gains in sales and earnings Costco’s same-store sales improved 6.6 percent year-over-year in its fiscal first quarter, and the warehouse club giant posted earnings of $3.07 a share, up from $2.98 in 2021. RetailWire December 11, 2022December 11, 2022 < 1 min read Results & InvestmentCostcoOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Trends & External Forces Signals from Costco on inflation are keeping us from overreacting to hotter producer prices Next week’s consumer price index is key as Wall Street awaits the Federal Reserve’s next interest rate decision. CNBC December 9, 2022December 9, 2022 < 1 min read EconomyCostcoConsumers 0 Saving Bookmark this article Bookmarked
Corporate Finance Jim Cramer’s Investing Club meeting Thursday: Buy Disney, Salesforce downgrade, Costco earnings The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET. CNBC December 9, 2022December 9, 2022 < 1 min read Results & InvestmentCostco 0 Saving Bookmark this article Bookmarked
Channel: Club Costco reports mixed quarter, but we see positive catalysts on the horizon Costco Wholesale (COST) reported mixed fiscal first-quarter results after the closing bell Thursday, amid weaker consumer demand. CNBC December 9, 2022December 10, 2022 < 1 min read CostcoConsumers 0 Saving Bookmark this article Bookmarked
Channel: Club Costco Q1 profits inch up on 8.1% sales gain Company misses revenue projections for first time in three years: report Supermarket News December 8, 2022December 8, 2022 < 1 min read Costco 0 Saving Bookmark this article Bookmarked
Trends & External Forces What to watch when Club holding Costco reports quarterly results Thursday Club holding Costco Wholesale (COST) is set to report its fiscal first quarter 2023 earnings on Thursday after the closing bell. CNBC December 8, 2022December 8, 2022 < 1 min read CostcoResults & InvestmentPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Department: Nonfood 2022 Retail Ranking: Black Friday and Cyber Monday Key takeaways Almost 1-in-4 shoppers spent the most at Amazon during Cyber-5 Home goods and furnishings retailers lost top wallet share lapping difficult pandemic comps Dollar stores and warehouse clubs gained top wallet share as consumers traded down on inflation Earnest Analytics First Choice Retailer Methodology The Earnest First Choice Retailer Rankings are based on […] Earnest Research December 8, 2022December 8, 2022 6 min read Holiday & EventsData & InsightsDept. ApparelShoppersDept. NonfoodBrick and MortarDept. PetAmazonOperations & Supply ChainConsumersWalmartEconomyCOVID19Dept. Sporting goodsTargetMarketing: In StoreHome DepotDept. FuelCostcoLowesBed Bath & BeyondChewyAcquisitionTechnology & InnovationBest BuyDept. GroceryDelivery 0 Saving Bookmark this article Bookmarked
Shopper & Customer Trader Joe’s Grocerant Mix & Match Meal Components, Resonate with Consumers Regular reader of this blog know that the halo of ‘better for you’ is one of the key drivers of the successful growth and consumer adoption of the grocerant niche. According to Steven JohnsonGrocerant Guru® at Tacoma, WA based Foodservice Solutions® Trader Joe’s focus on food quality, variety, portion size, combined with a true understanding […] Grocerant Guru December 7, 2022December 7, 2022 2 min read ConsumersTrader JoesTechnology & InnovationDept. GroceryData & InsightsShoppersBrick and MortarWhole FoodsOwned Brands (Private Label)Dept. HBCWalmartTargetPepsiCoPartnershipsCOVID19Marketing: SocialAldiHealth & WellnessDept. ApparelCostcoAssociatesAmazon7-Eleven & Speedway 0 Saving Bookmark this article Bookmarked 5
Channel: Club Costco named ‘company of the year’ by Yahoo Finance The warehouse club operator received high marks for its revenues and stock performance Citing the accomplishment by Costco Wholesale Corp. of keeping its prices competitive while boosting sales, Yahoo Finance has named the warehouse club operator its 2022 Company of the Year. “In a year of rampant inflation—not seen since the early 1980s—Costco was a […] Supermarket News December 5, 2022December 6, 2022 2 min read Results & InvestmentCostcoOperations & Supply Chain 0 Saving Bookmark this article Bookmarked 5
Channel: Grocery Kroger, Albertsons Execs Defend Merger to Senate Committee, Say Consolidation is Needed to Compete with Walmart and Amazon Top executives from Kroger and Albertsons defended their proposed merger at a congressional hearing, saying the combined company would be in a better position to compete with grocery giants Walmart, Costco and Amazon. Critics of the nearly $25 million deal testified that it would worsen food deserts and lead to higher prices. Since the merger […] Retail TouchPoints November 30, 2022December 1, 2022 3 min read Albertsons / SafewayKrogerMergersConsumersExecutivesCompetitionLegal & CriminalResults & InvestmentShoppersWalmartAmazonDept. GroceryGovernmentOperations & Supply ChainCostcoAssociatesEconomyCOVID19Customer ExperienceDept. FreshBrick and MortarTechnology & Innovation 0 Saving Bookmark this article Bookmarked 5
Technology & Innovation Apple, Macy’s and IKEA Rank High in Innovation but Social Impact Scores are Mixed What people think about when they focus on retail innovation is the tech side of the business — next-generation marketing tools, cutting-edge last mile vehicles, frictionless checkout — but there is still plenty of innovation happening in the more foundational strategies of running a retail business. Fordham University’s American Innovation Index (Aii) follows the logic […] Retail TouchPoints November 29, 2022November 29, 2022 3 min read Technology & InnovationSustainabilityConsumersShoppersESG and CSRThick DataTrends: RetailTargetCostcoDept. NonfoodPhilanthropyWalmartAssociatesPredictions and ForecastsAmazon 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Apple, Macy’s and IKEA Rank High in Innovation but Social Impact Scores are Mixed What people think about when they focus on retail innovation is the tech side of the business — next-generation marketing tools, cutting-edge last mile vehicles, frictionless checkout — but there is still plenty of innovation happening in the more foundational strategies of running a retail business. Fordham University’s American Innovation Index (Aii) follows the logic […] Retail TouchPoints November 28, 2022November 29, 2022 3 min read Technology & InnovationSustainabilityConsumersShoppersESG and CSRThick DataTrends: RetailTargetCostcoDept. NonfoodPhilanthropyWalmartAssociatesPredictions and ForecastsAmazon 0 Saving Bookmark this article Bookmarked
Channel: Club Nimble retailers Costco, TJX to benefit from improving supply chains, Cowen says Global supply chains are normalizing and Club stocks Costco (COST) and TJX Companies (TJX) are poised to reap the rewards. CNBC November 23, 2022November 23, 2022 < 1 min read Costco 0 Saving Bookmark this article Bookmarked
Shopper & Customer Department: Nonfood Corporate Strategy Corporate Finance ESG Media & Marketing Agencies & Vendors Data & Insights Shopper & Customer Trends & External Forces Holiday & Events Operations & Supply Chain Millennials Dominated Holiday Shopping Spend — Here’s What it Means for 2023 In a year when holiday spending on gifts, travel and entertainment was down 1 percent from the year prior, one age group bucked that trend in a huge way. Millennials, perhaps aided by increased incomes due to “The Great Reshuffle,” told us it would spend a whopping 11 percent more than it did in 2021, […] Written by Kelly Pedersen January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked
Data & Insights Department: Consumer Durables ESG Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Holiday & Events Operations & Supply Chain Stores & Formats Retail Traffic Trends #112: Consumer Habits 2023 While some trends come and go, there were a few trends that have stayed with consumers throughout the year. As online shopping continues to be a popular choice for consumers, physical stores can offer shoppers perks that e-commerce can’t replicate. This week we look at trends to increase foot traffic and customer loyalty. […] Written by Doorcounts January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked
Channel: Grocery - Natural Channel: Grocery - Natural Data & Insights Technology & Innovation Stores & Formats Just Walk Out gives Whole Foods stores an edge, data shows The two stores in the chain outfitted with Amazon’s checkout-free technology did better in some ways than nearby locations without the automated system during the second half of 2022, Placer.ai found. Written by Grocery Dive January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked
Shopper & Customer Channel: Grocery Department: Food Shopper & Customer Trends & External Forces ShopRite adds online filters to help shoppers choose products and recipes The improvements are intended to help shoppers find products and recipes that meet specific criteria, such as dairy-free, vegan, vegetarian and gluten-free. Written by Grocery Dive January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked
Technology & Innovation Department: Nonfood Data & Insights Technology & Innovation 7 online grocery trends for retailers to watch Online grocery shopping is here to stay. Top online grocery trends include AI tools, drone delivery, data security, and ready-made meals. Written by Future of Commerce January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked