Technology & Innovation Starring Apple, Poundland and Forever 21: RTIH’s biggest retail technology news stories of the week It’s Friday, the weekend is almost upon us, so let’s kick back and reflect on another eventful week for the retail systems space. Here’s your briefing on the most important stories from the past five days, including Emperia, Recite Me, Amperity, Walmart’s incubator arm Store No8, and Outlier Ventures. 1. Emperia – new Apple mixed […] Retail Technology Innovation Hub June 9, 2023June 9, 2023 4 min read Technology & InnovationAIMarketing: SocialTwitterShoppersData & InsightsWalmartExecutivesCryptoCustomer ExperiencePredictions and ForecastsDept. ApparelAssociatesInclusivityMetaverseConsumersTargetPartnershipsTrends: RetailDept. NonfoodDept. FuelMarketing: Loyalty & SubscriptionTrends: TechHealth & WellnessPepsiCoResults & InvestmentBrick and MortarblockchainInternational - UK 0 Saving Bookmark this article Bookmarked
Shopper & Customer How Big Retail and CPG Brands Are Rethinking Omnichannel Promotional Campaigns to Battle Inflation U.S. food prices surged by 11 percent last year, marking the largest increase since the 1980s. While the rate of inflation has gradually calmed down since its June 2022 peak, rising prices remain a significant concern for retailers and consumer packaged goods (CPG) brands. Given the possibility of a recession, it may be tempting to […] Matt Antal June 8, 2023June 8, 2023 3 min read ShoppersOmnichannelData & InsightsEconomyConsumersAgenciesMarketing: Retail MediaMarketing: Loyalty & SubscriptionCustomer ExperienceTargetDept. GroceryMarketing: TradeDept. NonfoodStore LocationStore FormatMarketing: Direct & PersonalizationMarketing: SocialESG and CSRMarketing: In Store 0 Saving Bookmark this article Bookmarked
Technology & Innovation Saving the Sale: Building a Customized Purchase-After-Return Incentive Program Picture this: You ordered a shirt that you really liked from your favorite retailer. Then, when it finally arrives, it doesn’t fit correctly, and you must now navigate the returns process. This may include jumping through hoops to meet the retailer’s return policy requirements: Do you have to return in-store? Is returning the shirt free […] Peter Barker June 8, 2023June 8, 2023 3 min read Technology & InnovationAIReturnsShoppersMarketing: Loyalty & SubscriptionCustomer ExperienceStrategyMarketing: In StoreDept. ApparelMarketing: UGCPricing & PromotionsTech: AIStore LocationData & InsightsOperations & Supply ChainDept. NonfoodDeliveryMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Retail Operations Alaiko, Europe’s fastest growing direct to consumer fulfilment provider, launches in the UK Europe’s leading direct to consumer e-commerce fulfilment company, Alaiko, is expanding into the UK. To serve the local market, its is partnering with a state-of-the-art fulfilment centre north of London. Unlike other logistics providers, Alaiko is a tech first fulfilment company. It enables shops to manage e-commerce operations from start to finish, using its unique […] Retail Technology Innovation Hub June 7, 2023June 7, 2023 2 min read International - UKOperations & Supply ChainShoppersDeliveryTechnology & InnovationReturnsInternationalConsumersCustomer ExperienceTech: RoboticsExecutivesGovernmentDept. NonfoodPartnershipsPredictions and ForecastsPricing & PromotionsResults & InvestmentStore LocationTrends: Tech 0 Saving Bookmark this article Bookmarked
Technology & Innovation Technologies That Are Essential to a Successful Omnichannel Retail Organization Technological advancement continues to disrupt retail strategies, altering customers’ behavior and, consequently, retail businesses. New technologies influence customers as they switch between channels for research and shopping. Companies must focus on managing the numerous customer touchpoints available simultaneously. Omnichannel has become an appealing medium for retailers to interact with customers and sell their products and […] Ashwin Parmar June 7, 2023June 7, 2023 3 min read Technology & InnovationAIOmnichannelShoppersData & InsightsCustomer ExperienceConsumersOperations & Supply ChainMarketing: In StoreStrategyMarketing: Direct & PersonalizationPredictions and ForecastsDept. NonfoodExecutivesDeliveryBrick and MortarTrends: RetailMarketing: SocialPricing & PromotionsTech: AITech: IoT 0 Saving Bookmark this article Bookmarked
Trends & External Forces Your Views: Business. Not Personal. Yesterday we took note of a Boston Globe story about how youth organizers with the Hyde Square Task Force in Jamaica Plain, Massachusetts, did significant market research and figured out that a grocery cart of items at their local Stop & Shop cost $34 more than the same products at the chain’s store in suburban […] MorningNewsBeat June 7, 2023June 7, 2023 12 min read EconomyAhold DelhaizeDept. FuelBrick and MortarWegmansShoppersAmazonStore LocationThick DataDollar GeneralDept. GroceryLegal & CriminalDept. BeverageTechnology & InnovationConsumersSustainabilityCOVID19Customer ExperienceAssociatesCompetitionWalmartHoliday & EventsMarketing: UGCDept. FreshMarketing: VoiceOwned Brands (Private Label)Albertsons / SafewayPredictions and ForecastsRestaurantsStrategyCPG: Adult BeverageDept. Adult BevOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Media & Marketing E-commerce integration platform as a service firm Patchworks joins the MACH Alliance E-commerce integration platform as a service (iPaaS), Patchworks, has joined the MACH Alliance as an ISV (independent software vendor) member. According to a press release: “A MACH (Microservices, API first, Cloud native SaaS and Headless) architecture gives companies a greater degree of agility, allowing them to deliver new features to customers at speed.” “As organisations […] Retail Technology Innovation Hub June 7, 2023June 7, 2023 2 min read Marketing: SocialTwitterPredictions and ForecastsTechnology & InnovationOperations & Supply ChainExecutivesUnileverPress ReleasePartnershipsDept. NonfoodCustomer Experience 0 Saving Bookmark this article Bookmarked
Data & Insights The Dynamic Interplay Between Human Insights and AI in Inventory Management, Customer Care The retail industry’s commitment to artificial intelligence (AI) is unmatched, surpassing all industries except finance. According to the International Data Corporation (IDC), a staggering $300 billion investment in AI is anticipated by 2026. This influx of resources promises to augment the relationship between humans and machines, delivering immense advantages to brands and consumers. There’s a […] Robin Gomez June 6, 2023June 6, 2023 3 min read AITechnology & InnovationData & InsightsShoppersOperations & Supply ChainAssociatesMarketing: VoiceConsumersPredictions and ForecastsInternationalCustomer ExperienceResults & InvestmentTech: AIStrategyTrends: RetailMarketing: Direct & PersonalizationDept. Natural / OrganicChatGPTDeliveryDept. Nonfood 0 Saving Bookmark this article Bookmarked
Data & Insights The future of retail – Fast fashion brand Forever 21 taps Amperity customer data platform Amperity, an enterprise customer data platform (CDP), has announced a partnership with Forever 21. The fast fashion retailer says that it will now be able to provide more relevant, personalised customer experiences. reach more consumers, while enriching advertising campaigns through insights on cross-channel behaviour, data science scores, and content affinities. Forever 21 has a significant […] Retail Technology Innovation Hub June 6, 2023June 6, 2023 1 min read Technology & InnovationData & InsightsAIShoppersMarketing: SocialTwitterConsumersDept. ApparelPredictions and ForecastsTrends: RetailCustomer ExperiencePartnershipsMetaverseOmnichannelExecutivesDept. FuelTrends: TechMarketing: Loyalty & SubscriptionUnilever 0 Saving Bookmark this article Bookmarked
Retail Operations Generative AI and customer experience: The power and risks Generative AI promises to help businesses improve customer service, boost engagement and conversions – but must be governed responsibly. Future of Commerce June 6, 2023June 6, 2023 < 1 min read Customer ExperienceTechnology & InnovationShoppersAI 0 Saving Bookmark this article Bookmarked
Technology & Innovation Emperia – new Apple mixed reality headset Vision Pro ‘entails a new mode of brand interaction’ Apple last night unveiled a mixed reality headset called Vision Pro – its first entirely new product in eight years. The device blends a video feed from the outside world with a virtual world displayed on screens inside the headset. “Today marks the beginning of a new era for computing,” says Tim Cook, Apple’s CEO. […] Retail Technology Innovation Hub June 6, 2023June 6, 2023 3 min read Technology & InnovationShoppersPartnershipsCustomer ExperienceData & InsightsConsumersResults & InvestmentPredictions and ForecastsMarketing: SocialStart UpsDept. ApparelExecutivesCryptoTwitterDept. NonfoodDept. FreshStore LocationStrategyTech: AR and VRMarketing: Loyalty & SubscriptionBrick and Mortar 0 Saving Bookmark this article Bookmarked
Media & Marketing 5 Omnichannel Marketing Trends for DTC Brands Omnichannel marketing typically involves using a combination of digital and physical channels, such as websites, social media, email, SMS, mobile apps, in-store experiences, and customer service interactions. By leveraging data and technology, brands can track customer behavior across channels, and then use this information to create more personalized and relevant experiences. Omnichannel marketing can help […] Lanie Shalek June 5, 2023June 5, 2023 2 min read ShoppersOmnichannelTechnology & InnovationESG and CSRMarketing: SocialMarketing: Direct & PersonalizationBrick and MortarMarketing: VoiceMarketing: In StoreStrategyData & InsightsTrends: MarketingAcquisitionReturnsCustomer ExperienceMeta (Facebook)social commerceWarby ParkerMarketing: UGCAIAmazonBOPISConsumersTech: AR and VRDept. Natural / OrganicStore LocationInternational - North AmericaMarketing: Loyalty & SubscriptionRestaurantsPricing & PromotionsMetaverseGoogle 0 Saving Bookmark this article Bookmarked
Media & Marketing The Hollow Value Of A Five-Star Rating The Wall Street Journal this morning has a piece about the “confusion over what constitutes 5-star behavior for certain services, combined with the guilt of potentially hurting someone’s livelihood, has people defaulting to perfect scores. Ratings padding is particularly rampant for services involving personal interactions. “Just like the children in the fictional Lake Wobegon, everyone […] MorningNewsBeat June 5, 2023June 5, 2023 2 min read Marketing: UGCShoppersThick DataCustomer ExperienceMarketing: Loyalty & SubscriptionEconomy 0 Saving Bookmark this article Bookmarked
Technology & Innovation Labor Saving Technology Self-Checkout Is for Everyone When your competitors evolve and you don’t more often than not that spells trouble. Here is why, consumers over acknowledge that they like change that is slow. What they do like even more than change is ‘discovery’ according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. Johnson went on to say, […] Grocerant Guru June 2, 2023June 2, 2023 6 min read Technology & InnovationAITech: CashierlessShoppersGoogleData & InsightsMarketing: SocialCOVID19Trends: TechDept. GroceryBrick and MortarAssociatesAmazonBPStore LocationCustomer ExperienceConsumersTwitterStore FormatRestaurantsExecutivesMeta (Facebook)Tech: AITargetConsultingPricing & PromotionsDept. FuelVendorsPartnershipsESG and CSRMarketing: In StoreStrategyDept. NonfoodAcquisition 0 Saving Bookmark this article Bookmarked
Shopper & Customer 3 Strategies for Retailers to Stay Competitive in the Face of Inflation Consumers and businesses are both being impacted by ongoing inflation. Retailers must change their tactics in the current economic environment. They must understand the trends that have developed as a result of this inflationary environment in order to respond. In this post, I’ll look at three tactics retailers may use to weather the current economic […] Michelle Wood June 1, 2023June 2, 2023 3 min read ConsumersMarketing: Loyalty & SubscriptionEconomyShoppersMarketing: TradeBrick and MortarPricing & PromotionsWeatherSustainabilityConsultingMarketing: In StoreBOPISTargetOperations & Supply ChainCustomer ExperienceDeliveryData & InsightsReturnsStrategyThick DataDept. GroceryDept. Nonfood 0 Saving Bookmark this article Bookmarked
Shopper & Customer New Digital Solutions Are Solving the Retail Industry’s Existential Crisis For the last decade, the retail industry has been on an existential search for the future of its own soul. Consumers armed with smartphones increasingly turned to browse-and-buy shopping from virtually anywhere, flipping the nature of retail on its head. Meanwhile, traditional brick-and-mortar retailers have struggled to find effective ways to keep pace with digital […] Kayla Broussard June 1, 2023June 2, 2023 3 min read ConsumersData & InsightsTechnology & InnovationDept. NonfoodShoppersAssociatesMetaverseMarketing: In StoreTech: AR and VRReturnsEconomyStrategyCustomer ExperiencePredictions and ForecastsMarketing: OOHDept. ApparelExecutivesBrick and MortarMarketing: Direct & PersonalizationMarketing: TradeOperations & Supply ChainSustainabilityTech: CashierlessMarketing: Loyalty & SubscriptionTrends: Tech 0 Saving Bookmark this article Bookmarked
Data & Insights The Emergence of AI in the Customer Service Industry Whether online shopping or trying to get answers about an insurance billing question, customers have likely gotten assistance from a new source: artificial intelligence (AI). One study showed that 88 percent of customers had an interaction with a chatbot in 2022, with an estimated 1.5 billion people using chatbots around the world. With the global […] Jaci Stephan June 1, 2023June 2, 2023 3 min read AIShoppersTechnology & InnovationMarketing: VoiceMarketing: Direct & PersonalizationAssociatesData & InsightsCustomer ExperienceConsultingResults & InvestmentConsumersHealth & WellnessPredictions and ForecastsStrategyTech: AI 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value DG posts higher sales and earnings GOODLETTSVILLE, Tenn. – Dollar General Corp. today said net sales increased 6.8% in its first quarter. Same-store sales were up 1.6%. Operating profit declined slightly, to $740.9 million, and diluted earnings per share declined 2.9% to $2.34 as the retailer confronted a macroeconomic environment that was “more challenging than expected,” according to Jeff Owen, Dollar […] MMR June 1, 2023June 1, 2023 3 min read Dollar GeneralResults & InvestmentBrick and MortarShoppersEconomyOperations & Supply ChainCustomer ExperienceExecutivesDept. ApparelTechnology & InnovationPredictions and ForecastsStore LocationSustainabilityAssociates 0 Saving Bookmark this article Bookmarked
Shopper & Customer Why Loyalty Programs Are Essential for Retailers During an Economic Downturn Today’s uncertain economic landscape is plagued with high inflation and continued supply chain issues, and experts predict a 70 percent likelihood of a U.S. recession in 2023. With a potential downturn on the horizon, a reported 62 percent of consumers have stated they’re cutting back on their spending or looking for additional ways to save. […] Mary English June 1, 2023June 1, 2023 2 min read ShoppersMarketing: Loyalty & SubscriptionEconomyData & InsightsConsumersPricing & PromotionsConsultingCustomer ExperienceMarketing: Direct & PersonalizationOperations & Supply ChainDeliveryDept. FuelPredictions and ForecastsMarketing: Trade 0 Saving Bookmark this article Bookmarked
Media & Marketing The Future of Retail: Rethinking Digital Signage to Improve the In-Store Experience Expectations are never-ending in the retail industry. They’re also ever-changing — even more so in light of recent events. People have different mindsets when entering a brick-and-mortar store. Some people are certainly cautious about in-person interactions, so they’re often in the store for a specific reason. Others might have just stopped in out of happenstance, […] Retail TouchPoints May 31, 2023May 31, 2023 4 min read Marketing: OOHTechnology & InnovationConsumersMarketing: SocialBrick and MortarShoppersMarketing: In StorePredictions and ForecastsTrends: RetailSustainabilityCustomer ExperiencePricing & PromotionsDept. NonfoodThick DataStrategyDept. ApparelPartnershipsMerchandisingHoliday & EventsDept. FreshData & InsightsUnilever 0 Saving Bookmark this article Bookmarked
Channel: Restaurants What’s more Important Food or Technology for Restaurants Today At the intersection of meals, menu’s, food sold, and food marketing restaurants are increasingly being pressured by customers to eliminate all pain points that may slow down service or hamper ordering the family’s meal. According to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® “if your restaurant looks more like yesterday than […] Grocerant Guru May 31, 2023May 31, 2023 3 min read RestaurantsDept. GroceryData & InsightsDeliveryMarketing: SocialTechnology & InnovationShoppersCustomer ExperiencePredictions and ForecastsConsultingMeta (Facebook)COVID19TwitterExecutivesESG and CSRDept. NonfoodResults & InvestmentStrategyAssociates 0 Saving Bookmark this article Bookmarked
Media & Marketing Digital Advertising On The Go with Uber Advertising’s Dr. Mark Grether The CPG Guys are joined in this episode by Dr. Mark Grether, VP & General Manager of Uber Advertising which includes all offerings to help merchants, brands, and other advertisers to reach its highly engaged user base across Mobility and Delivery in 32 markets. Follow Dr. Mark Grether on LinkedIn at: https://www.linkedin.com/in/dgrether/Follow Uber on LinkedIn […] The CPG Guys May 31, 2023May 31, 2023 2 min read Marketing: SocialPodcastsTechnology & InnovationMarketing: Retail MediaCustomer ExperienceStrategyPredictions and ForecastsPartnershipsDeliveryData & Insights 0 Saving Bookmark this article Bookmarked
Shopper & Customer If You Want to Succeed in High-Heat Retail, Bake Fairness into the Experience There have never been more barriers to the things we enjoy in life. Everything from limited edition sneakers to international stadium tour tickets have become seemingly unattainable. Consumers are often met with an unfair experience, failing websites, bots eating up stock. But with 73% of consumers saying that “a good experience is key in influencing […] Retail TouchPoints May 30, 2023May 30, 2023 3 min read ShoppersConsumersTechnology & InnovationCustomer ExperienceMarketing: Loyalty & SubscriptionConsultingData & InsightsDept. ApparelInternationalPartnershipsExecutivesThick DataPricing & PromotionsGoogleMetaverseMarketing: SocialMarketing: In StoreESG and CSRUnilever 0 Saving Bookmark this article Bookmarked
Shopper & Customer Casey’s General Store Evolving with Consumers Grocerant niche Ready-2-Eat and Heat-N-Eat fresh prepared food continues to garner customers, drive top-line sales, and bottom-line profits. Regular readers of this blog have been reading about the continued success that Casey’s General Stores have had ever since the first test experiment they had with pizza. What a 15-year run it has been. According to […] Grocerant Guru May 30, 2023May 31, 2023 4 min read ConsumersShoppersCasey's General StoresOmnichannelDept. GroceryMarketing: Direct & PersonalizationBrick and MortarData & InsightsTechnology & InnovationMarketing: Loyalty & SubscriptionDept. PerimeterTech: AIPepsiCoMarketing: BrandPartnershipsMarketing: SocialMarketing: OOHUbereatsAIDoorDashFood DeliveryDept. FuelCustomer ExperienceDeliveryDept. FreshDept. Fresh PreparedAcquisition 0 Saving Bookmark this article Bookmarked
Media & Marketing Food Marketers Need Phone Food Marketing Consumers are dynamic not static and today that means smartphones are fast becoming the food marketing platform of choice according to Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. In a battle for share of stomach C-stores, restaurants, bodegas, and grocery store delis all need a fresh focus on smartphones. Art Sebastian, […] Grocerant Guru May 30, 2023May 30, 2023 4 min read Technology & InnovationAIDept. GroceryShoppersConsumersMarketing: Loyalty & SubscriptionBrick and MortarData & InsightsCasey's General StoresMarketing: OOHMarketing: Direct & PersonalizationDept. FuelMarketing: SocialStrategyMarketing: In StoreMarketing: TradePricing & PromotionsRestaurantsDept. BeverageDept. FreshCustomer ExperienceDept. PerimeterExecutivesMarketing: MobileMerchandisingTech: AI 0 Saving Bookmark this article Bookmarked
Technology & Innovation How Businesses Can Use Emerging Technology To Extract Value From Social Media While the COVID-19 pandemic did slow the economy down amidst a lot of problems, it also led to an e-commerce surge and accelerated digital transformation by 5 years. What was considered futuristic is now being experienced in the present and businesses who haven’t implemented them are considered outdated. This is because, with growing advancements, comes […] Latest Shipment May 30, 2023May 30, 2023 5 min read Technology & InnovationAIESG and CSRMarketing: SocialShoppersTech: AR and VRsocial commerceData & InsightsCompetitionMeta (Facebook)Marketing: Direct & PersonalizationCOVID19Dept. NonfoodPredictions and ForecastsDeliveryMetaverseCustomer ExperienceTargetEconomyDept. ApparelMarketing: MobileResults & InvestmentPartnershipsMarketing: Loyalty & SubscriptionOperations & Supply ChainTwitterWarby Parker 0 Saving Bookmark this article Bookmarked
Shopper & Customer Push Notification Fatigue Braze recently reported that the average smartphone user receives over 40 push notifications a day. The Atlantic pegged the daily number of push notifications even higher, between 50 and 80. Here’s how Atlantic staff writer Amanda Mull categorized push notifications last week: “Push notifications may indeed be the smartphone’s defining feature. They are, if nothing […] Tom Fishburne May 30, 2023May 30, 2023 2 min read Fun & HumorConsumersCustomer ExperienceShoppersTechnology & InnovationHealth & WellnessAssociates 0 Saving Bookmark this article Bookmarked
Media & Marketing Bouclair deploys PredictSpring to connect store and online experiences for employees and customers Bouclair, a home furnishings and décor brand operating across Canada, has completed the integration of PredictSpring’s PoS into all of its retail locations. “For over 50 years, we have been committed to offering our customers not only stylish and affordable home furnishings, but also a personalised and enjoyable shopping experience,” says Peter Goldberg, President and […] Retail Technology Innovation Hub May 29, 2023May 29, 2023 < 1 min read Marketing: SocialTwitterShoppersOmnichannelAssociatesTechnology & InnovationInternational - North AmericaDept. NonfoodLegal & CriminalMarketing: In StoreExecutivesCustomer ExperienceStart UpsTech: Robotics 0 Saving Bookmark this article Bookmarked
Technology & Innovation It’s awards and wedding season: RTIH’s biggest retail technology news stories of the week It’s Friday, the weekend is almost upon us, so let’s kick back and reflect on another eventful week for the retail systems space. Here’s your briefing on the most important stories from the past five days, including Amazon One, Marks and Spencer, Walmart, and eBay. 1. Amazon One payments solution rolls out age verification with […] Retail Technology Innovation Hub May 26, 2023May 26, 2023 4 min read Technology & InnovationAIAmazonMarketing: SocialInternational - UKTwitterShoppersWalmartGovernmentTech: CashierlessOmnichannelDept. ApparelSustainabilityTrends: TechDept. Adult BevCPG: Adult BeverageDept. FreshDept. PerimeterMetaverseTech: AR and VRAssociatesCustomer ExperiencePartnershipsPredictions and ForecastsStore LocationData & InsightsDept. OTCDept. GroceryDept. BeverageDept. BakeryOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Media & Marketing Creating a seamless customer experience: Bensons for Beds taps Emplifi live shopping technology Bensons for Beds is using Emplifi Live Advisor solution to deliver live shopping and support to customers. It’s now possible to connect to in-store experts for real-time tours, product demonstrations, and purchases. By visiting the store’s website, customers can activate a live one-to-one video call. “One of the most notable characteristics of our customer base […] Retail Technology Innovation Hub May 25, 2023May 25, 2023 2 min read ShoppersPartnershipsCustomer ExperienceTechnology & InnovationMarketing: UGCMarketing: SocialTwitterMarketing: In StoreSustainabilityOmnichannelConsumersInternational - UKExecutives 0 Saving Bookmark this article Bookmarked
Channel: Mass Channel: Grocery - Natural Channel: Mass Channel: Specialty & Other Department & Category Department: Consumer Durables Department: Nonfood Corporate Strategy Media & Marketing Shopper & Customer Trends & External Forces Merchandising 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 […] Written by MorningNewsBeat June 8, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Department: Beverage CPG: Adult Beverage CPG: Beverage CPG: Food CPG: Food & Bev CPG: HBC Channel: Ecommerce & Digital Channel: Restaurants Department & Category Department: Adult Beverage Department: Beverage Department: Food Department: HBC Department: Nonfood Corporate Strategy Corporate Finance Corporate Purpose ESG Media & Marketing Agencies & Vendors Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Merchandising 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 […] Written by MMR June 8, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Channel: Mass Channel: Mass Acquisitions, Divestitures & Mergers Media & Marketing Retailer Media Shopper & Customer Trends & External Forces 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 […] Written by MorningNewsBeat June 7, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Channel: Grocery Trends & External Forces 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. […] Written by Grocery Dive June 7, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Retailer Media ESG Media & Marketing Retailer Media Shopper & Customer 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 […] Written by Grocery Dive June 7, 2023June 8, 2023 Saving Bookmark this article Bookmarked