Costco

Articles on Costco.

  1. Channel: Grocery

Lawmakers Ask FTC To Block Kroger-Albertsons Deal

A group of Democratic Senators and Representatives has called on the Federal Trade Commission (FTC) to block the proposed $24.6 billion acquisition of Albertsons by Kroger, saying in a letter that the “merger will harm consumers, workers, farmers, and other food suppliers across the country.” The letter to FTC Chair Lina Khan says that the […]
2 min read
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  1. Stores & Formats

Your Views:  From Retail Theft Realities to Greedflation

We had a story the other day in which it was stated that “retail theft has been lower this year in most of the country than it was a few years ago, according to police data.” But MNB reader Mike Moon asked a good question: But I have to wonder, how much retail theft is […]
4 min read
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  1. Data & Insights

Black Friday and Cyber Monday post slow sales growth; Online Marketplaces outperform

Track retail sales for free Key Takeaways Holiday sales declined 1.6% YoY in the first 29 days of the holiday season Black Friday to Cyber Monday sales grew 1.0% YoY Amazon and Walmart were shoppers’ favorite Black Friday-Cyber Monday brands Holiday sales remain weak after Black Friday, Cyber Monday Contact Sales for more details. Holiday sales […]
5 min read
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  1. 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 […]
8 min read
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  1. 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 […]
2 min read
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  1. 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 […]
3 min read
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  1. 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 […]
< 1 min read
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  1. 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, […]
3 min read
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  1. 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 […]
< 1 min read
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  1. 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 […]
< 1 min read
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  1. 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 […]
2 min read
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  1. 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. […]
2 min read
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  1. 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 […]
4 min read
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  1. 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 […]
4 min read
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  1. 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 […]
< 1 min read
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  1. 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 […]
5 min read
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  1. 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 […]
2 min read
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  1. 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 […]
< 1 min read
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  1. 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 […]
5 min read
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  1. 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 […]
< 1 min read
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  1. 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 […]
2 min read
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Could AI Be Your Next Stylist? Consumers Are Ready

Keeping up with nanosecond social media trends is a never-ending challenge for retail brands and shoppers. In addition to responding to these fast-paced microtrends, merchandisers face increased pressure to incorporate cutting-edge personalization techniques that drive authentic shopping experiences and cultivate brand loyalty. So, what’s the answer to remaining innovative and on-trend in 2024? According to […]
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  2. Channel: Grocery
  3. Media & Marketing

Kroger considers Disney+ perk for grocery delivery members

​US retail giant Kroger is reportedly in talks with the Walt Disney Company to offer the Disney+ streaming service as a benefit to paying members of its Kroger Boost grocery delivery programme. The post Kroger considers Disney+ perk for grocery delivery members appeared first on Retail Insight Network.
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  1. Technology & Innovation
  2. Channel: Dollar/Value
  3. Channel: Ecommerce & Digital
  4. Channel: Mass
  5. Data & Insights
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  7. Trends & External Forces
  8. Associates & Employees
  9. Stores & Formats

Sam’s Club Expands Store Rollout of AI-Powered Exit Tech

Walmart-owned Sam’s Club says it’s turning to artificial intelligence to speed up its own exit technology. Instead of requiring store staff to check members’ purchases against their receipts when leaving the store, Sam’s Club customers who pay either at a register or through the Scan & Go mobile app can now walk out of the […]
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