Trends & External Forces NRF Revises Down – Way Down – Retail Theft Estimates From the New York Times: “A national lobbying group has retracted its startling estimate that ‘organized retail crime’ was responsible for nearly half the $94.5 billion in store merchandise that disappeared in 2021, a figure that helped amplify claims that the United States was experiencing a nationwide wave of shoplifting. “The group, the National Retail […] MorningNewsBeat December 11, 2023December 11, 2023 2 min read Legal & CriminalData & InsightsTargetOperations & Supply ChainDollar GeneralBrick and Mortar 0 Saving Bookmark this article Bookmarked
Data & Insights Top 10 2023 DSI Content Picks for Digital Leaders DSI The Digital Shelf Institute (DSI) is committed to igniting your passion for what’s possible in the world of digital commerce. With our prolific podcast series, extensive research, and forward-thinking thought leadership from digital leaders, you’ll get the answers to your burning commerce questions. As we close out 2023, here are the DSI’s top 10 content […] Digital Shelf Institute December 11, 2023December 11, 2023 9 min read Technology & InnovationAIMerchandisingMarketing: Retail MediaMarketing: Social MediaPodcastsOmnichannelStrategyConsumersData & InsightsAmazonShoppersCompetitionColgate-PalmoliveMarketing: UGCPredictions and ForecastsOperations & Supply ChainMarketing: In Store84.51KrogerExecutivesDept. FreshMarketing: ShopperPricing & PromotionsCOVID19PartnershipsDept. NonfoodMarketing: OOHAgenciesTrends: Retail 0 Saving Bookmark this article Bookmarked
Shopper & Customer The Secret Behind Quick-Turn Merch: A Strong Partner From Barbie to the Super Mario Brothers movie and even the debut of Travis Kelce and Taylor Swift’s electrifying relationship, the last few months have been filled with pop culture moments that have captivated almost the entire world. Everywhere you look, someone is talking about these moments. To take the obsession even further, it seems […] Retail TouchPoints December 11, 2023December 11, 2023 3 min read PartnershipsInternationalConsumersShoppersTechnology & InnovationOperations & Supply ChainMarketing: Social MediaDept. ApparelPricing & PromotionsTargetData & InsightsDept. NonfoodDeliveryMarketing: UGCOwned Brands (Private Label)Predictions and ForecastsAmazon 0 Saving Bookmark this article Bookmarked
Media & Marketing 3 Things Connected TV Can Do that Linear Can’t This year for the first time ever, the viewership share of linear television (i.e. traditional broadcast and cable) has fallen below 50%, according to Neilsen. But it’s not that people aren’t watching TV; it’s just that they are no longer watching it the way they used to: streaming is rapidly taking over and now represents […] Retail TouchPoints December 10, 2023December 10, 2023 4 min read Marketing: BroadcastStreamingMarketing: Digital MediaESG and CSRMarketing: Social MediaConsumersTargetResults & InvestmentPredictions and ForecastsPricing & PromotionsSustainabilityData & InsightsDept. NonfoodInsight ProvidersOperations & Supply ChainPartnershipsPop UpsShoppersStore LocationBig Data 0 Saving Bookmark this article Bookmarked
Data & Insights Top tips on how to stop getting in the way of your own business success When you started your business, the goal was success, right? Of course it was because that’s the goal of anyone putting that much effort into something. You aren’t going to sit there and dedicate weeks, months and even years of your life to something that you’re not even sure you want to be successful. But, […] Retail Technology Innovation Hub December 10, 2023December 10, 2023 4 min read Data & InsightsTechnology & InnovationResults & InvestmentConsulting 0 Saving Bookmark this article Bookmarked
Department: Food Grocerant Niche Holiday Meal Deals Check them Out Regular readers of this blog know that Winsight grocery magazine is being rolled into Supermarket News. Last week Russell Redman wrote another very good article for about grocery stores that are offering mix and match bundled grocerant niche Ready-2-Eat and Heat-N-Eat meal deals that save the consumer both time and money. According to Steven […] Grocerant Guru December 10, 2023December 10, 2023 5 min read Holiday & EventsDept. FreshDept. GroceryRegional GroceryData & InsightsDept. BeverageTargetAlbertsons / SafewayDept. Fresh PreparedDept. DairyBOPISDept. DeliHealth & WellnessDept. Natural / OrganicDept. BakeryDeliveryConsumersShoppersThe Fresh MarketBrick and MortarDept. FuelMarketing: Social MediaMarketing: Loyalty & SubscriptionDept. FrozenFood DeliveryInstacartDept. PerimeterDoorDashEconomyInternational - UKTwitterMerchandisingNestleOwned Brands (Private Label)Pricing & PromotionsStrategyDept. Adult BevUbereats 0 Saving Bookmark this article Bookmarked
Data & Insights Poetry. “Prose: words in their best order; poetry: the best words in the best order.” ―Samuel Taylor Coleridge “As it happens, I am still committed to the idea that the ability to think for one’s self depends upon one’s mastery of the language.” ―Joan Didion Poetry is a form of “accelerated thinking”. Poems combine depth of […] Rishad Tobaccowala December 10, 2023December 10, 2023 3 min read Data & InsightsLegal & CriminalGeneral BusinessUnileverPredictions and ForecastsTechnology & InnovationStrategyGovernmentDept. PetDept. OTCDept. HBCDept. DairyDept. BeverageBrick and MortarAmazon 0 Saving Bookmark this article Bookmarked
Data & Insights Check out this insightful article on running a hospital in 2023 If you are in charge of a hospital, you are probably already well aware that it is the kind of experience that can be very difficult to get right. There are so many challenges involved in running a hospital, and it’s likely that you will face a lot of them all together much of the […] Retail Technology Innovation Hub December 9, 2023December 9, 2023 2 min read Data & InsightsInternational - UKStrategyStore Location 0 Saving Bookmark this article Bookmarked
Channel: Restaurants Restaurants Get Ready As Customers Are on Their Way It looks as if this is going to be one of the best holiday seasons for the restaurant sector, and that is simply good news according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. Yes, consumers are choosing restaurants this holiday season, according to a new National Restaurant Association survey showing two-thirds (63 […] Grocerant Guru December 9, 2023December 9, 2023 3 min read RestaurantsConsumersDept. GroceryHoliday & EventsMarketing: Social MediaData & InsightsTechnology & InnovationPredictions and ForecastsMeta (Facebook)TwitterDeliveryESG and CSRShoppersThick DataDept. BeverageAssociatesStrategyTikTokExecutives 0 Saving Bookmark this article Bookmarked
Technology & Innovation Transforming Medication Access with the Next Generation of Patient Support Services Today’s guest post comes from Kelly Martin, Vice President of Product Management at CoverMyMeds. Kelly discusses the obstacles that patients face when attempting to access, afford, and adhere to specialty therapies. She describes how CoverMyMeds improves the patient experience by blending technology with human expertise and connection. Click here to learn about CoverMyMed’s next-generation patient […] Drug Channels December 8, 2023December 8, 2023 2 min read Data & InsightsMarketing: Social MediaConsultingTechnology & InnovationSponsoredShoppersMeta (Facebook) 0 Saving Bookmark this article Bookmarked
Technology & Innovation From vision to reality: how outsourced development drives results In an era where technology is the foundation of business growth, Vodworks emerges as a pivotal player in the realm of software and product engineering services. Specialising in consulting, outsourcing, and augmented team solutions, Vodworks is the strategic partner for businesses seeking to navigate and conquer their most complex technical challenges. This article explores how […] Retail Technology Innovation Hub December 8, 2023December 8, 2023 5 min read Technology & InnovationAIStrategyPredictions and ForecastsDeliveryOperations & Supply ChainPartnershipsResults & InvestmentTech: IoTSustainabilityMarketing: Loyalty & SubscriptionMarketing: In StoreDept. NonfoodData & InsightsConsultingPricing & Promotions 0 Saving Bookmark this article Bookmarked
Technology & Innovation Google’s Gemini Marketing Trick Google really didn’t have to exaggerate. When the company introduced Gemini this week — its stunning new AI model that beat OpenAI on multiple benchmarks and understands both text and images — it delivered a product that lived up to months of hype. Yet, as the company showed it to the world, it embellished. In […] Bigtechnology December 8, 2023December 8, 2023 4 min read Technology & InnovationAIGoogleData & InsightsChatGPTPodcastsAmazonMarketing: BroadcastStreamingMarketing: Social MediaBigTechTwitterExecutivesPredictions and ForecastsBig DataReturnsDept. BeverageMarketing: In StoreAssociatesBOPISMeta (Facebook)CryptoResults & InvestmentStore LocationHoliday & EventsLegal & Criminal 0 Saving Bookmark this article Bookmarked
Media & Marketing Are your Customers Happy? Chances are if customers come into your restaurant they are happier than if they simply order on-line according to new insights and Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® agrees and wants to share these new insight from Merchant Centric. Remember this term; The Happy Customer Index, based on Merchant Centric’s […] Grocerant Guru December 8, 2023December 8, 2023 4 min read Data & InsightsMarketing: UGCShoppersGoogleDeliveryRestaurantsDept. GroceryConsumersStore LocationMarketing: Social MediaAssociatesBOPISCOVID19UnileverTechnology & InnovationMarketing: Loyalty & Subscription 0 Saving Bookmark this article Bookmarked
International The Weekly Closeout: Claire’s expands into Mexico and Squishmallows collabs with H&M [[“value”:” This audio is auto-generated. Please let us know if you have feedback. It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week, and what we’re still thinking about. From Rent the Runway’s decision to restructure […] RetailDive December 8, 2023December 8, 2023 5 min read ExecutivesAssociatesInternationalInternational - North AmericaDept. ApparelBrick and MortarLegal & CriminalOperations & Supply ChainStore LocationData & InsightsPredictions and ForecastsDept. NonfoodPhilanthropyRestaurantsTechnology & InnovationFlagship StoresPress ReleaseDept. Toys & GamesAcquisitionConsumersGovernmentHoliday & EventsPricing & PromotionsEconomyResults & InvestmentThick DataUnileverDept. GroceryDept. FreshPartnerships 0 Saving Bookmark this article Bookmarked
Corporate Strategy GameStop’s potential new strategy: Let Ryan Cohen buy other stocks with company cash Struggling retailer GameStop is giving its CEO and chair Ryan Cohen even more control, including the ability to use company cash to buy other stocks. In its quarterly report released Wednesday night, GameStop announced two changes to its corporate investment plan: company cash can now be used to buy equities instead of just short-term debt, […] CNBC December 8, 2023December 8, 2023 2 min read ExecutivesResults & InvestmentStrategyData & InsightsDept. FuelEconomyBankruptcyBed Bath & BeyondChewyBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Facing fines, cluttered aisles and late-night mockery, Dollar General’s returning CEO tries to drive a turnaround KEY POINTS Dollar General’s returning CEO, Todd Vasos, laid out plans to turn around the company’s performance, as sales slow and its stock price slumps. He said the retailer will put more workers in the front of stores, slow down store openings and step up efforts to keep merchandise in stock. The company has been […] CNBC December 8, 2023December 8, 2023 < 1 min read Dollar GeneralExecutivesData & Insights 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Lululemon shares fall as retailer gives tepid holiday outlook despite strong start to shopping season [[“value”:” In this article LULU Follow your favorite stocksCREATE FREE ACCOUNT Black Friday shoppers at a Lululemon store at the Garden State Plaza in New Jersey. Mike Calia ]] CNBC December 8, 2023December 8, 2023 < 1 min read Dept. ApparelHoliday & EventsData & InsightsShoppers 0 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit Former MasterClass Talent Executive and Emmy Award-Winning Producer Launch SonderCo To Reinvent Talent and Brand Partnerships LOS ANGELES, CA — Entertainment and talent executives have launched SonderCo, a new agency dedicated to innovating and deepening the way brands partner with talent, intellectual property, and other brands to create mutual long-term business value. Building on his experience helping make MasterClass a global brand through talent partnerships, Sean Akaks, former Head of Business […] Bigtechnology December 8, 2023December 8, 2023 3 min read PartnershipsExecutivesMarketing: Social MediaDept. ApparelData & InsightsTargetDept. NonfoodEconomyHoliday & EventsGoogleOperations & Supply ChainStrategyUnilever 0 Saving Bookmark this article Bookmarked
Media & Marketing 5 Behaviors Innovative Leaders Display Want to inspire others to innovate? Here’s a short excerpt from my book coming in April, The Innovative Leader, on how to do it: People look to their leaders to learn what is acceptable and what is not. They also take cues from how executives spend their time. Your duty as an innovative leader is […] 0 Author Missing December 7, 2023December 7, 2023 2 min read Marketing: BrandStrategyPredictions and ForecastsTechnology & InnovationExecutivesData & Insights 0 Saving Bookmark this article Bookmarked
Channel: Restaurants McDonald’s To Open New Banner, CosMc’s, This Week CNBC reports that McDonald’s “will open the first location of its new spinoff brand CosMc’s this week in Bolingbrook, Illinois … With a menu that includes old favorites such as Egg McMuffins and M&M McFlurries, and new items such as Churro Frappes and pretzel bites, McDonald’s is positioning CosMc’s as a fast, convenient way to […] MorningNewsBeat December 7, 2023December 7, 2023 < 1 min read RestaurantsStore LocationDept. GroceryPredictions and ForecastsDept. BeverageData & Insights 0 Saving Bookmark this article Bookmarked
Shopper & Customer The 8 biggest party trends for 2024 Picture this: You’re invited to an event hosted by your male friends in their late twenties. It’s not a birthday party or engagement, or even New Years’. No – it’s a glitter-filled Eurovision party. Passing revelers dressed as ABBA and Conchita Wurst, you sip on non-alcoholic beer and cheers to good times. The winner’s announced, […] GWI (Global Web Index) December 7, 2023December 7, 2023 7 min read ConsumersTechnology & InnovationMarketing: Social MediaAIPredictions and ForecastsESG and CSRDept. Adult BevDept. BeverageHealth & WellnessStrategyMarketing: TradeHoliday & EventsCOVID19Data & InsightsMarketing: BroadcastDept. GroceryDept. BakerySustainabilityTargetDept. NonfoodDept. DairyDept. PetBig DataEconomyPartnershipsPricing & PromotionsDept. Toys & Games 0 Saving Bookmark this article Bookmarked
Data & Insights Introducing the YipitData OER Index Housing is consistently the heaviest-weighted component of the CPI framework, making comprehending its impact paramount. Using one of our 40 datasets, we’ve created an index to track owner’s equivalent rent (OER), one of the key reasons why core-CPI continues to surpass the Fed’s 2% target. This Index provides foresight into the future landscape of housing […] 0 Author Missing December 7, 2023December 7, 2023 < 1 min read Data & InsightsPredictions and ForecastsTargetEconomy 0 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit Unlocking Video Shopping’s Potential: 3 Essential Tips Video shopping has emerged as an interactive digital experience allowing shoppers to connect with knowledgeable experts in real time. However, brands seeking to capitalize on its potential are realizing that seamlessly executing video shopping poses intricate challenges. In my experience leading retail experience strategy for brands across 10 countries, I’ve seen firsthand the stumbling blocks […] Monica Majumdar December 7, 2023December 7, 2023 3 min read PartnershipsTechnology & InnovationShoppersStreamingMarketing: Digital MediaMarketing: Social MediaStrategysocial commerceData & InsightsMarketing: Loyalty & SubscriptionESG and CSRAssociates 0 Saving Bookmark this article Bookmarked
Shopper & Customer Maximizing User Experience: 3 Must-Haves for Building a Respected B2B Marketplace Peer recommendations have been a trusted endorsement for products and services since the earliest days of commerce. However, in the “age of influence,” brands maximize this word-of-mouth endorsement and spread it far and wide through authentic and paid channels. This age-old practice of sharing advice transcends consumer markets. It’s taking hold in the B2B space […] Nitish Shrivastava December 7, 2023December 7, 2023 3 min read ConsumersShoppersPartnershipsMarketing: Social MediaData & InsightsShopifyMarketing: UGCTikTokTechnology & InnovationDept. Natural / OrganicESG and CSRExecutivesUnileverMars Inc.Predictions and ForecastsPress ReleaseAmazon 0 Saving Bookmark this article Bookmarked
Shopper & Customer The Chargebacks That Stole Christmas for Retail Merchants The peak holiday season usually brings a welcome boost in sales and festive cheer for merchants. Known shopping events such as Black Friday, Cyber Monday, Thanksgiving, and Christmas pique consumer interest and lead to increased customer traffic. But while you might support year-end customer activities with festive purchase options, there’s a potential threat to all […] Ariel Chen December 7, 2023December 7, 2023 4 min read Holiday & EventsConsumersShoppersLegal & CriminalDeliveryDept. NonfoodOperations & Supply ChainStore LocationConsultingReturnsDept. ApparelPredictions and ForecastsMarketing: Loyalty & SubscriptionMarketing: TradePricing & PromotionsProcter & GambleResults & InvestmentExecutivesTechnology & InnovationUnileverData & InsightsData VisualizationGoogleDept. Toys & GamesHealth & WellnessDept. Natural / OrganicAssociates 0 Saving Bookmark this article Bookmarked
Technology & Innovation Reshaping Holiday Beauty Marketing: Visual Authenticity and the AI Revolution As the holiday season nears, artificial intelligence is transforming retail marketing in the beauty sector. However, responsible AI usage is crucial to maintaining trust with wary consumers. Our VisualGPS research revealed that in 2023, AI makes 63 percent of Americans very nervous, rising from 53 percent in 2022. So, as AI-generated visual content enters the […] Rebecca Rom-Frank December 7, 2023December 7, 2023 3 min read Technology & InnovationAIConsumersDept. HBCHoliday & EventsPredictions and ForecastsMarketing: Social MediaHealth & WellnessInclusivityCompetitionDept. FreshCOVID19Dept. Natural / OrganicData & InsightsDept. NonfoodESG and CSRTech: AR and VRShoppersPricing & PromotionsMetaverseMarketing: VoiceMarketing: Direct & PersonalizationMarketing: Brand 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Amazon Cuts Referral Fees for Apparel Merchants Amazon.com is slashing its merchant fees for clothing vendors in an attempt to compete with Chinese fast-fashion retail site Shein, which may be on the docket to IPO in 2024. The online retail giant announced Tuesday that referral fees for items priced under $15 will drop from 17 percent to 5 percent. The fees for […] Joe Keenan December 7, 2023December 7, 2023 < 1 min read AmazonDept. ApparelReturnsResults & InvestmentStart UpsVendorsPredictions and ForecastsOperations & Supply ChainMarketing: Social MediaData & InsightsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Coldwater Creek Acquires Soft Surroundings, Adopts New Returns Solution Coldwater Creek has completed its purchase of Soft Surroundings, a women’s clothing and accessories retailer that filed for bankruptcy protection in September 2023. The newly combined retailer has selected the Chief Returns Officer solution from Newmine, which has a predictive analytics functionality that will help the retailer quickly analyze and take corrective actions on why […] Retail TouchPoints December 7, 2023December 7, 2023 2 min read ReturnsAcquisitionOperations & Supply ChainOwned Brands (Private Label)BankruptcyMarketing: Social MediaBrick and MortarConsumersData & InsightsDept. ApparelInternational - North AmericaPartnershipsResults & InvestmentExecutives 0 Saving Bookmark this article Bookmarked
CPG: Food Growth Makes Happy Joe’s Happy Customer frequency matters. When you are a restaurant, looking at your concept, trying to drive top-line sales and bottom-line profits, start with the menu. That according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. That said, leveraging the menu to increase customer frequency without operational disruption is an art and Happy […] Grocerant Guru December 7, 2023December 7, 2023 3 min read Dept. DairyData & InsightsShoppersRestaurantsDept. FrozenInternational - North AmericaMarketing: Social MediaTwitterMeta (Facebook)ExecutivesDept. Fresh 0 Saving Bookmark this article Bookmarked
Trends & External Forces NRF Retracts Claim that Organized Retail Crime Accounted for ‘Nearly Half’ of Retail Shrink The National Retail Federation (NRF) has updated a report that had attributed “nearly half” of 2021’s $94.5 billion in retail shrink to organized retail crime, saying the data point was part of two-year-old testimony to a U.S. Senate committee by Ben Dugan, former President of the Organized Retail Crime Resource Center. The NRF report was […] Retail TouchPoints December 7, 2023December 7, 2023 2 min read Legal & CriminalTargetLowesResults & InvestmentMarketing: Social MediaExecutivesData & InsightsThick DataTechnology & InnovationPartnershipsDept. Sporting goodsDept. NonfoodBrick and MortarAgencies 0 Saving Bookmark this article Bookmarked
Trends & External Forces Channel: Mass Department: Consumer Durables Department: Nonfood Corporate Strategy Corporate Finance Partnerships & Alt Profit Media & Marketing Agencies & Vendors Data & Insights Technology & Innovation Trends & External Forces Stores & Formats NRF Retracts Claim that Organized Retail Crime Accounted for ‘Nearly Half’ of Retail Shrink The National Retail Federation (NRF) has updated a report that had attributed “nearly half” of 2021’s $94.5 billion in retail shrink to organized retail crime, saying the data point was part of two-year-old testimony to a U.S. Senate committee by Ben Dugan, former President of the Organized Retail Crime Resource Center. The NRF report was […] Written by Retail TouchPoints December 7, 2023December 7, 2023 Saving Bookmark this article Bookmarked
Data & Insights Corporate Strategy Data & Insights Technology & Innovation Associates & Employees Stores & Formats Walmart’s hiring and wage pressures have eased, CEO says Walmart CEO Doug McMillon also said artificial intelligence is changing employees’ roles across stores and in warehouses. Written by CNBC December 6, 2023December 7, 2023 Saving Bookmark this article Bookmarked
Technology & Innovation Media & Marketing Shopper & Customer Technology & Innovation Regional grocers’ e-commerce sales slip in Q3, research finds The drop is due to a higher rate of lapsed shoppers who have either gone back to in-store buying or switched to a competitor’s online services, a new Brick Meets Click and Mercatus report found. Written by Grocery Dive December 6, 2023December 7, 2023 Saving Bookmark this article Bookmarked
Shopper & Customer Corporate Strategy Shopper & Customer Trends & External Forces Walmart CEO says consumers may not be as resilient next year, even as deflation starts to show In a CNBC interview, Walmart CEO Doug McMillon said the discounter is gearing up for a year when it faces tougher comparisons because of falling prices. Written by CNBC December 6, 2023December 7, 2023 Saving Bookmark this article Bookmarked
Channel: Delivery Channel: Ecommerce & Digital Trends & External Forces DoorDash named one of Fortune’s Future 50 Companies The delivery company made the list out of 1,000 publicly traded companies that were considered Written by Supermarket News December 6, 2023December 7, 2023 Saving Bookmark this article Bookmarked