Corporate Finance Strong earnings and an online advertising play by Walmart have us wondering about Costco Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading. CNBC February 20, 2024February 20, 2024 < 1 min read WalmartResults & InvestmentCostco 0 Saving Bookmark this article Bookmarked
Shopper & Customer Boston Market Once Successful Now Stuck in Failure Mode according to the Grocerant Guru® Boston Market, formerly known as Boston Chicken, began serving its homestyle meals of spit-roasted rotisserie chickens, made-from-scratch cornbread, and creamy mac and cheese in 1985. As it grew in popularity, it had about 1,200 locations at one time, according to Restaurant Business. Today there are just over 300 locations in the United States and Puerto […] Grocerant Guru February 19, 2024February 19, 2024 4 min read ShoppersData & InsightsDept. GroceryConsumersDept. FreshBrick and MortarRestaurantsMarketing: Social MediaAcquisitionTechnology & InnovationWegmansWhole FoodsAssociatesCompetitionDept. DairyDept. Fresh PreparedDeliveryDept. PerimeterTrends: Food and BeverageCostcoRegional GroceryMarketing: Loyalty & SubscriptionInclusivityHealth & WellnessESG and CSRPricing & Promotions 0 Saving Bookmark this article Bookmarked
Channel: Club Kroger CFO Millerchip departs for Costco He succeeds CFO Richard Galanti, who is leaving that role at Costco on March 15 0 Author Missing February 17, 2024February 17, 2024 < 1 min read ExecutivesCostcoKroger 0 Saving Bookmark this article Bookmarked
Shopper & Customer Your Views: Finally MNB reader Doug Galli has a reaction to my argument that while Amazon may try to steer shoppers to products with higher margins, so do many retailers: Kevin, you are correct on this point of how retailers “merchandise” and market their respective stores. You work to steer customers toward higher margin products, which might not […] MorningNewsBeat February 14, 2024February 14, 2024 8 min read ShoppersAmazonTech: CashierlessStreamingBrick and MortarWalmartMerchandisingOperations & Supply ChainConsumersTargetMarketing: BroadcastDept. ApparelExecutivesCOVID19Marketing: Digital MediaDept. NonfoodPredictions and ForecastsResults & InvestmentInternationalEconomyCompetitionDeliveryRegional GroceryCostcoData & InsightsMarketing: UGCGovernmentDept. PaperAssociatesTechnology & InnovationStrategyStart UpsLegal & CriminalHealth & Wellness 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger Presses Post-Merger-We’ll-Lower-Prices Argument Kroger this morning issued a press release that continues to make the argument – the same argument that it has made since first proposing the $24.6 billion acquisition of Albertsons – that it will lower prices once the deal is complete, and that it has a 20-year track record of lowering prices after it makes […] MorningNewsBeat February 13, 2024February 13, 2024 4 min read KrogerMergersTechnology & InnovationAIAlbertsons / SafewayRegional GroceryShoppersGovernmentAcquisitionCustomer ExperienceAssociatesPress ReleaseConsumersResults & InvestmentExecutivesPredictions and ForecastsCompetitionWalmartAhold DelhaizeAmazonDept. FreshTargetStrategyBrick and MortarHoliday & EventsCostcoData & InsightsDept. GroceryDollar GeneralMarketing: Direct & PersonalizationLegal & Criminal 0 Saving Bookmark this article Bookmarked
Channel: Grocery SN Top 10: Kroger, McDonald’s, CVS top the week’s headlines In this week’s recap of the Top 10 most popular Supermarket News articles, the top story was Kroger CFO Millerchip departs for Costco. Gary Millerchip is leaving his role as Kroger’s senior vice president and chief financial officer to beco Supermarket News February 13, 2024February 13, 2024 < 1 min read KrogerCVSExecutivesResults & InvestmentCostco 0 Saving Bookmark this article Bookmarked
Shopper & Customer Amazon Hit With New Consumer Lawsuit Reuters reports that Amazon has been sued “in a proposed U.S. class action accusing the online retailer of violating a consumer protection law by steering hundreds of millions of shoppers to higher-priced items in order to earn extra fees … The case differs from other private litigation over the ‘Buy Box’ by focusing on harm […] MorningNewsBeat February 13, 2024February 13, 2024 2 min read ConsumersAmazonLegal & CriminalShoppersDeliveryPricing & PromotionsPredictions and ForecastsOwned Brands (Private Label)Operations & Supply ChainKrogerGovernmentCostcoTargetWalmart 0 Saving Bookmark this article Bookmarked
CPG: Food Listeria-Related Recalls Continue Nationwide From USA Today: A nationwide recall of products containing cheese with a risk for listeria contamination continues to grow larger with salad kits and taco kits sold at stores including Albertsons, Costco, Walmart, and WinCo being removed from shelves. “Rizo-López Foods of Modesto, California, on Feb. 5 recalled dozens of dairy products including Queso Fresco and Cotija Cheese, because […] MorningNewsBeat February 12, 2024February 12, 2024 < 1 min read Dept. DairyDept. GroceryRegional GroceryWhole FoodsAlbertsons / SafewayBrick and MortarCostcoGovernmentTrader JoesWalmartAmazonDept. FreshDept. RefrigeratedHomeChefKrogerPredictions and ForecastsPress ReleaseRestaurantsDelivery 0 Saving Bookmark this article Bookmarked
Channel: Club January was good to Costco Retailer posts year over year increases in same-store sales and total sales Supermarket News February 10, 2024February 10, 2024 < 1 min read Costco 0 Saving Bookmark this article Bookmarked
Channel: Grocery The Friday Checkout: Kroger’s CFO left for a rival. What does that say about its merger with Albertsons? Gary Millerchip jumped suddenly to Costco even as the blockbuster deal he helped engineer remains up in the air. Grocery Dive February 9, 2024February 9, 2024 < 1 min read Regional GroceryMergersKrogerExecutivesAlbertsons / SafewayCostco 0 Saving Bookmark this article Bookmarked
Corporate Strategy Costco CFO Set for Retirement, Hands Reins to Former Kroger Finance Chief After a journey of nearly four decades, Costco’s longstanding CFO, Richard Galanti, is preparing to step back from his role. The torch is being passed on to Gary Millerchip, an experienced executive and former finance chief at Kroger. RetailWire February 8, 2024February 13, 2024 < 1 min read ExecutivesResults & InvestmentKrogerCostco 0 Saving Bookmark this article Bookmarked
Channel: Grocery Wednesday Eye-Opener: Questions, Questions by Kevin Coupe Yesterday, we reported on Monday’s announcement that Gary Millerchip was stepping down as Kroger’s CFO after more than 15 years with the company, to join a then-unnamed company as its new CFO. Shortly thereafter, the name of that company was made public: Costco. The timing, to say the least, was interesting – […] MorningNewsBeat February 7, 2024February 7, 2024 3 min read KrogerExecutivesCostcoAlbertsons / SafewayRegional GroceryAcquisitionCompetitionMergersPredictions and ForecastsAmazonSustainabilityWalmart 0 Saving Bookmark this article Bookmarked
Corporate Strategy NEWS UPDATE: Costco Names Departing Kroger CFO As Its Own New CFO Costco said this morning that Gary Millerchip, who yesterday said he was stepping down as Kroger’s CFO after more than 15 years with the company, as its new CFO. He succeeds Richard Galanti, who has been Costco’s CFO for more than three decades. Ron Vachris became Costco’s new CEO just last month, succeeding Craig Jelinek, […] MorningNewsBeat February 7, 2024February 7, 2024 < 1 min read ExecutivesKrogerCostcoAcquisitionPredictions and ForecastsRegional GroceryMergersAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Channel: Grocery Costco taps former Kroger finance chief to serve as CFO Gary Millerchip, a key architect of the grocer’s pending merger with Albertsons, is taking over from Richard Galanti, who is leaving the club retailer after nearly 40 years. Grocery Dive February 6, 2024February 6, 2024 < 1 min read Results & InvestmentKrogerExecutivesCostcoRegional GroceryMergersAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Channel: Club TaylorMade Sues Costco Wholesale’s Kirkland Signature Costco Wholesale made significant ripples in the golf world with the launch of its Kirkland Signature Players Irons last month. However, not everyone welcomed this incursion. RetailWire February 5, 2024February 5, 2024 < 1 min read Costco 0 Saving Bookmark this article Bookmarked
Channel: Club Costco and TJX crushed rivals in an inflationary world. What happens as prices come down? Here’s how they must stay on their games. CNBC February 5, 2024February 5, 2024 < 1 min read CostcoDept. NonfoodDept. Toys & Games 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Costco center in Alaska will offer two-day grocery delivery Which is a first in the state; food court, vision center, and tire center will be absent Supermarket News February 3, 2024February 3, 2024 < 1 min read DeliveryCostcoDept. Grocery 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger To Bring Mobile Oases To Dallas Food Deserts The Dallas Morning News reports that Kroger believes it has “come up with a way to successfully bring online grocery shopping to neighborhoods in southern Dallas’ that are considered food deserts … Kroger is waiving fees and tipping at three delivery destinations within walking distance of neighborhoods in southern Dallas, starting Tuesday at the South […] MorningNewsBeat February 1, 2024February 1, 2024 2 min read KrogerDept. GroceryDeliveryGovernmentDept. RefrigeratedAcquisitionAssociatesBOPISBrick and MortarConsumersAmazonDept. FreshDept. PerimeterAlbertsons / SafewayWalmartPredictions and ForecastsRegional GroceryShoppersTechnology & InnovationUnileverCostco 0 Saving Bookmark this article Bookmarked
Technology & Innovation Your Views: Making Up For Lost Time Reacting to Amazon’s plan to create a pay tier for its Alexa smart speaker system, one MNB reader wrote: Our main household use for Alexa is to control lights, heat, and A/C. If they start charging for it, we will stop using it. There are many other platforms available for home control that do not […] MorningNewsBeat February 1, 2024February 1, 2024 16 min read Technology & InnovationAIStreamingShoppersDept. GroceryDept. NonfoodAssociatesTech: CashierlessMarketing: Digital MediaDept. Toys & GamesCostcoMarketing: BroadcastAmazonRegional GroceryDept. FreshKrogerRestaurantsAlbertsons / SafewayConsumersPredictions and ForecastsEconomyHealth & WellnessDollar GeneralPackagingExecutivesDeliveryCVSMarketing: Loyalty & SubscriptionMarketing: In StoreWalmartDept. PerimeterOperations & Supply ChainMarketing: TradeWegmansWhole FoodsWalgreensReturnsHoliday & EventsGovernmentMarketing: VoiceDept. BeverageData & InsightsInsight ProvidersOwned Brands (Private Label)MergersMarketing: Retail MediaPartnershipsAhold DelhaizePricing & PromotionsBig DataSustainabilityDept. OTCStrategyDept. HBCDept. BakeryDept. Natural / OrganicBrick and Mortar84.51 0 Saving Bookmark this article Bookmarked
Channel: Grocery H-E-B, Publix, and Costco supreme in customer satisfaction Walmart finishes first in pharmacy, but last in grocery Supermarket News February 1, 2024February 1, 2024 2 min read Regional GroceryShoppersPublixHEBCostcoWalmartDept. Pharmacy 0 Saving Bookmark this article Bookmarked
Shopper & Customer Retail Customer Satisfaction On The Upswing The American Customer Satisfaction Index (ACSI) Retail and Consumer Shipping Study 2023-2024 is out, concluding that “overall customer satisfaction surging 4% to a score of 78.0 (out of 100).” According to the report, “More than 60% of retailers measured see their individual ACSI scores improve in 2024 … Customer satisfaction with online retailers remains unchanged […] MorningNewsBeat January 31, 2024January 31, 2024 2 min read ShoppersRegional GroceryConsumersHoliday & EventsCostcoPredictions and ForecastsDept. FuelTrader JoesAmazonPublixHEBDept. PetChewyWalmartMarketing: OOHTech: AR and VROwned Brands (Private Label)Operations & Supply ChainMetaverseMeijerAssociatesDeliveryMarketing: In StoreSustainabilityEconomyTechnology & InnovationDept. GroceryCustomer ExperienceWakefernMarketing: Trade 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital In Connecticut, Amazon Fresh Is Out & BIg Y Is In CT Insider reports that Amazon has decided not to open Amazon Fresh stores in the towns of Westport and Brookfield, despite the fact it had done considerable work on the store facilities over the years. Instead, Big Y will take over the locations, offering those communities more traditional supermarket shopping alternatives. Some context from the […] MorningNewsBeat January 29, 2024January 29, 2024 2 min read AmazonDept. FreshStore LocationDept. GroceryWhole FoodsAhold DelhaizeBrick and MortarWegmansPredictions and ForecastsConsumersCOVID19CostcoEconomyOperations & Supply ChainConsultingRegional GroceryTechnology & InnovationExecutives 0 Saving Bookmark this article Bookmarked
Channel: Club Costco Opts For Greater Pricing Transparency The Street reports on a new pricing strategy at Costco: When customers buy bigger-ticket items, like appliances or larger televisions, from chains such as Target, Walmart and Best Buy, they “don’t see the full prices when they look at those items — specifically appliances — on the floor.” In fact, the story says, “you face […] MorningNewsBeat January 29, 2024January 29, 2024 < 1 min read CostcoDept. NonfoodDept. AppliancesDeliveryWalmartTargetBest BuyOperations & Supply ChainCOVID19StrategyShoppersPredictions and ForecastsHealth & Wellness 0 Saving Bookmark this article Bookmarked
Department: Beverage Trends in Food & Beverage at Costco As we step into 2024, the food & beverage industry continues to assert its dominance in consumer spending, as it did throughout 2023. By retailer, market share of the food & beverage category seems stable with Walmart as the largest player and Costco second. Zooming in on Costco, several noteworthy trends have surfaced in the […] 0 Author Missing January 25, 2024January 25, 2024 2 min read Dept. BeverageData & InsightsCostcoDept. GroceryPredictions and ForecastsConsumersTrends: Food and BeverageDept. DairyWalmart 0 Saving Bookmark this article Bookmarked
Department: Nonfood Are Generalists Pushing Out Pet Supply Pure Players? Pet supplies saw immense growth in 2023, with GMV among top retailers up 16% vs 2022. Generalists Amazon and Walmart contributed largely to the category’s growth, growing their market share at the expense of pet supply pure players, Petco and Chewy. Amazon saw the largest market share gains in the category, up +2.2 pp, while […] 0 Author Missing January 25, 2024January 25, 2024 2 min read Dept. PetData & InsightsWalmartDept. GroceryAmazonCostcoChewyTargetNestle 0 Saving Bookmark this article Bookmarked
Department & Category Sam’s Club, Costco in middle of massive meat snack recall CDC warning now involves two products that may be linked to salmonella poisoning Supermarket News January 20, 2024January 20, 2024 < 1 min read Dept. GroceryDept. FreshCostco 0 Saving Bookmark this article Bookmarked
Channel: Club Costco Wholesale Sells Imitation of Anthropologie’s Luxury Goods Mirror Costco Wholesale, known for its wide-ranging product offerings and value for money, is making waves in the arena of luxury home décor. The bulk retailer is selling a floor mirror that bears an uncanny similarity to a high-end item from Anthropologie. RetailWire January 19, 2024January 19, 2024 < 1 min read Costco 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger, Albertsons Delay Merger Timeline to August as They Negotiate with Regulators The planned $24.6 billion merger of supermarket giants Kroger and Albertsons has faced pushback from federal regulators, state Attorneys General and labor unions practically from the moment it was first announced in October 2022. Now the companies, while noting that they “remain in active and ongoing dialogue with the Federal Trade Commission and individual state […] Retail TouchPoints January 19, 2024January 19, 2024 < 1 min read MergersKrogerAlbertsons / SafewayRegional GroceryPredictions and ForecastsBrick and MortarLegal & CriminalGovernmentCompetitionAssociatesOperations & Supply ChainMarketing: Social MediaC&S Wholesale GrocersOwned Brands (Private Label)CostcoDivestituresAmazonExecutivesWalmart 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger, Albertsons Delay Merger Timeline to August as They Negotiate with Regulators The planned $24.6 billion merger of supermarket giants Kroger and Albertsons has faced pushback from federal regulators, state Attorneys General and labor unions practically from the moment it was first announced in October 2022. Now the companies, while noting that they “remain in active and ongoing dialogue with the Federal Trade Commission and individual state […] Retail TouchPoints January 18, 2024February 20, 2024 < 1 min read MergersKrogerAlbertsons / SafewayRegional GroceryPredictions and ForecastsBrick and MortarLegal & CriminalGovernmentCompetitionAssociatesOperations & Supply ChainMarketing: Social MediaC&S Wholesale GrocersOwned Brands (Private Label)CostcoDivestituresAmazonExecutivesWalmart 0 Saving Bookmark this article Bookmarked
Channel: Club Costco Tests Membership Card Scanning At Entry Doors USA Today reports that several Costco stores are testing the use of greeters to scan customer membership cards when they enter, as a way of offering an”improved member experience.” In the past, membership cards only were scanned at checkout; they just had to show them to the greeter to get into the store. “Adding ID […] MorningNewsBeat January 17, 2024January 17, 2024 < 1 min read CostcoTechnology & InnovationShoppersAIResults & InvestmentPredictions and ForecastsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Mass Channel: Mass Department: Consumer Durables Department: Nonfood Media & Marketing Data & Insights Shopper & Customer Trends & External Forces Merchandising Operations & Supply Chain Target’s April 2024 Circle Sale was its largest by sales lift Track General Merchandise spending free Access chart in Dash. Target’s April Circle Sale generated 7% more sales than the weekly average in the previous 4 weeks according to Earnest credit card data. This represents a 2 point acceleration in the Circle Sale’s contribution to Target’s topline compared to Target’s October sale. Target Circle is a […] Written by Earnest Research April 25, 2024April 25, 2024 Saving Bookmark this article Bookmarked
Department: Consumer Durables Media & Marketing Data & Insights Shopper & Customer Trends & External Forces Stores & Formats TikTok Shop customers spend more at lower ticket apparel retailers Download full TikTok Shop report Access TikTok and Panel data in Dash. TikTok Shop customers spent 26% of their apparel wallet on Off-Price Department Stores and 11% on Fast Fashion in the 12-months ended February 2024, compared to 24% and 7% for the average shopper. Conversely, TikTok Shop users spent less than their peers at […] Written by Earnest Research April 24, 2024April 24, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces Corporate Finance Corporate Purpose ESG Media & Marketing Data & Insights Technology & Innovation Trends & External Forces Associates & Employees Where Does One U.S. Tax Dollar Go? See this visualization first on the Voronoi app. Where Does One U.S. Tax Dollar Go? This was originally posted on our Voronoi app. Download the app for free on Apple or Android and discover incredible data-driven charts from a variety of trusted sources. Come tax season, a common refrain is: “what do my taxes even […] Written by Visual Capitalist April 24, 2024April 24, 2024 Saving Bookmark this article Bookmarked
Technology & Innovation Technology & Innovation AI boosts innovation in ingredient selection, formulation AI could minimize the traditional trial-and-error approach in product development. Written by Supermarket Perimeter April 24, 2024April 24, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Data & Insights Trends & External Forces Google Won’t Pull Cookies In 2024 Google announces it’s delaying its self-imposed deadline to deprecate third-party cookies on Chrome for the third time. The post Google Won’t Pull Cookies In 2024 appeared first on AdExchanger. Written by AdExchanger April 23, 2024April 24, 2024 Saving Bookmark this article Bookmarked