Shopper & Customer The Future is Diverse, so Retailers Must Shift from a ‘Mass’ to a ‘Micro’ Model to Keep Up Society is changing rapidly, and retail needs to evolve just as rapidly to keep up, according to the Buying Into Better: The Future of the Consumer Industry report by Deloitte. The headline is that retailers can’t just invest in outside programs or initiatives that focus on diversity and sustainability — changing demographics and customer demands […] Retail TouchPoints March 17, 2023March 17, 2023 4 min read ConsumersPredictions and ForecastsShoppersHealth & WellnessInclusivityConsultingMerchandisingMarketing: Direct & PersonalizationSustainabilityTargetBrick and MortarData & InsightsExecutivesMarketing: Loyalty & SubscriptionOperations & Supply ChainTechnology & InnovationData VisualizationTrends: Consumer 0 Saving Bookmark this article Bookmarked
Trends & External Forces NOW AVAILABLE: The 2023 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers I am pleased to announce our new 2023 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers, available for purchase and immediate download. Click here to download a free report overview (including key industry trends, the Table of Contents, and a List of Exhibits) New Drug Channels Institute Study Analyzes Impact of Inflation Reduction Act […] Drug Channels March 14, 2023March 14, 2023 3 min read Dept. PharmacyData & InsightsEconomyMarketing: SocialData VisualizationConsultingPress ReleaseMeta (Facebook) 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital How does a price tracker for Amazon save you money? With more people than ever shopping online, digital purchases and e-commerce have boomed dramatically in the past several years. This is a trend that is unlikely to see a significant downturn any time soon, and odds are you’re one of more than 2 billion people worldwide choosing to buy goods and services through digital means. […] Retail Technology Innovation Hub March 13, 2023March 13, 2023 3 min read AmazonTechnology & InnovationShoppersMarketing: In StoreTech: CashierlessPricing & PromotionsMarketing: TradeData Visualization 0 Saving Bookmark this article Bookmarked
Data & Insights February 2023 Earnest Analytics Spend Index Sign up for free to explore EASI data and category level trends in Earnest Dash. Powered by Earnest’s Orion transaction data. Access chart in Dash. Earnest Analytics Spend Index powered by Orion transaction data worsened between January and February, as a deceleration in in-store more than offset a slight acceleration in online. Gyms and workout […] Earnest Research March 9, 2023March 10, 2023 2 min read Data & InsightsConsumersRestaurantsResults & InvestmentMarketing: In StoreDept. PetHealth & WellnessDept. ApparelPredictions and ForecastsDept. FuelDept. NonfoodData VisualizationDeliveryEconomyOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Retail Operations Sizing Charts: Why They’re Important and How to Create One for Your Retail Business Sizing charts help improve the customer experience and reduce returns. Learn what a size chart is and how to make one for your retail business. More Shopify March 9, 2023March 9, 2023 < 1 min read Data VisualizationShopifyReturnsCustomer ExperienceShoppers 0 Saving Bookmark this article Bookmarked
Shopper & Customer Retailers Are Finally Bringing Digital Shopping Into Physical Stores During the early 2000s, while the retail industry was getting battered by e-commerce, grocery stores were seemingly safe. Twenty years — and a pandemic — later, much has changed; e-commerce and delivery services have transformed grocery retail. Today, when consumers visit a store, they enter with much higher expectations. A convenient and smooth, seamless shopping […] Or Shin March 2, 2023March 5, 2023 3 min read ShoppersTechnology & InnovationAmazonBrick and MortarConsumersStore LocationMarketing: In StoreTargetData & InsightsEconomyMarketing: ShopperMarketing: Direct & PersonalizationAssociatesAlbertsons / SafewayKrogerDeliveryWalmartBig DataStore FormatResults & InvestmentPricing & PromotionsCOVID19SustainabilityOperations & Supply ChainData VisualizationMerchandisingDept. Adult BevDept. BakeryDept. BeverageMarketing: UGCMarketing: TradeInsight Providers 0 Saving Bookmark this article Bookmarked
Data & Insights The Buffett test: This one chart shows how much every Club holding spends on stock buybacks CNBC February 28, 2023February 28, 2023 < 1 min read Data Visualization 0 Saving Bookmark this article Bookmarked
Data & Insights 3 Steps to Optimize Your Data-Driven Marketing and Personalization Marketers see the value of data-driven marketing. The first steps towards data-driven marketing are easily made, but the journey towards complete data maturity is way tougher. There are certainly some speed bumps on the road to data-driven marketing success. It is worth it though. A recent study from McKinsey showed that fast-growing companies drive up […] Jordie van Rijn February 28, 2023February 28, 2023 4 min read Data & InsightsShoppersMarketing: Direct & PersonalizationHealth & WellnessConsultingStrategyReturnsTechnology & InnovationMarketing: BrandDept. FreshData Visualization 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Amazon seller stats: Profiles, profits, and priorities Get insight into Amazon sellers – who they are, what and how they sell, and their top challenges and priorities — in this Jungle Scout infographic. 0 Author Missing February 23, 2023February 23, 2023 < 1 min read AmazonData Visualization 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain How to Improve Warehouse Efficiency and Reduce Costs If your eCommerce business uses a warehouse for storage and distribution of goods, optimizing the warehouse is essential. By implementing the right technology, design, and processes, businesses can improve the efficiency and effectiveness of their warehouse operations, resulting in cost savings, improved customer satisfaction, and increased competitiveness. The eCommerceFuel Forum has more than 300 threads […] eCommerceFuel February 22, 2023February 22, 2023 11 min read Operations & Supply ChainAssociatesTechnology & InnovationDeliveryResults & InvestmentStore LocationDept. NonfoodShoppersData & InsightsShopifyStrategyData VisualizationInternationalDept. OTCMarketing: In StorePredictions and ForecastsTargetMarketing: UGCAI 0 Saving Bookmark this article Bookmarked
Department: HBC Available for Preorder: The 2023 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers On March 14, 2023, Drug Channels Institute will release The 2023 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers. This report—our fourteenth edition—remains the most comprehensive, fact-based tool for understanding the entire U.S. drug pricing, reimbursement, and dispensing system. 12 chapters, 480+ pages, 241 exhibits, 900+ endnotes: There is nothing else available that comes […] Drug Channels February 22, 2023February 22, 2023 3 min read Dept. PharmacyData & InsightsEconomyMarketing: SocialConsultingCOVID19GovernmentResults & InvestmentData VisualizationMarketing: TradeMeta (Facebook)Pricing & PromotionsAssociates 0 Saving Bookmark this article Bookmarked
Media & Marketing What Does the Future Hold for Digital-First DTC Brands? In today’s fast-paced and competitive marketplace, many consumer brands and digitally native DTC brands are fighting to stand out and chart a path to sustainable growth. To fully understand the dynamics shaping this area of the retail industry in particular, we sat down with Jenny Fleiss, Senior Advisor for Volition Capital, who is most known […] Retail Remix Podcast February 20, 2023February 20, 2023 < 1 min read Results & InvestmentMarketing: SocialPredictions and ForecastsTwitterTechnology & InnovationSustainabilityMarketing: Direct & PersonalizationData VisualizationConsumers 0 Saving Bookmark this article Bookmarked
Data & Insights Charts: Top Global Marketplaces by Number of Visits In this week’s charts, we graph the top marketplaces — globally and in select countries. The post Charts: Top Global Marketplaces by Number of Visits appeared first on Practical Ecommerce. Practical Ecommerce February 16, 2023February 16, 2023 < 1 min read Data & InsightsData Visualization 0 Saving Bookmark this article Bookmarked
Shopper & Customer 7 characteristics of Gen Z in 2023 Think you know Generation Z? Think again. Much has been said about this generation, but amid the facts are plenty of myths, so we’re here to set the record straight with 7 Gen Z characteristics, according to real consumer data. Who are Generation Z? If you’re in uncharted territory, and aren’t so familiar with Gen […] GWI (Global Web Index) February 15, 2023February 16, 2023 4 min read ConsumersMarketing: SocialESG and CSRGoogleTikTokPredictions and ForecastsHealth & WellnessResults & InvestmentDept. ApparelTechnology & InnovationMetaverseData VisualizationData & InsightsMeta (Facebook)Marketing: UGCTrends: TechCOVID19Dept. HBCExecutivesTrends: FinanceConsulting 0 Saving Bookmark this article Bookmarked
Trends & External Forces Here’s the breakdown of the inflation report for January — in one chart [[“value”:”High inflation persisted in January, with the consumer price index rising 6.4% on an annual basis.”]] CNBC February 15, 2023February 15, 2023 < 1 min read EconomyData VisualizationConsumers 0 Saving Bookmark this article Bookmarked
Technology & Innovation Decoding Google’s AI Ambitions (and Anxiety) Decoding Google’s AI Ambitions (and Anxiety) Anyone who’s experimented with ChatGPT can get a sense of the potential of generative AI—even in the technology’s earliest stages. The hype around AI was rising throughout 2022, and has reached a fever pitch today. We’ve seen hype cycles swell around specific technologies before. Blockchain, Metaverse, NFTs, the list […] Visual Capitalist February 9, 2023February 22, 2023 3 min read Technology & InnovationGoogleChatGPTData VisualizationDept. NonfoodExecutivesBigTechMarketing: VoiceResults & InvestmentMetaversePricing & PromotionsTrends: TechTech: AIMarketing: SocialPartnershipsNFTDept. FreshblockchainTwitterAI 0 Saving Bookmark this article Bookmarked 5
Agencies & Vendors BCG Matrix: How to organise your product portfolio When a company evolves in a competitive market, it must constantly adapt to changes in the market and its competitors. This adaptation requires continuous monitoring in order to follow the evolution of the market and adapt its positioning accordingly. To ensure the sustainability of a company, it must have a balanced portfolio of products or […] Ecommerce Nation February 7, 2023February 7, 2023 5 min read ConsultingResults & InvestmentCompetitionData VisualizationDept. NonfoodMarketing: In StoreStrategyDivestituresSustainabilityTargetPricing & PromotionsPredictions and ForecastsAcquisition 0 Saving Bookmark this article Bookmarked
Data & Insights Amazon Q4 Earnings Have Arrived All eyes were on Amazon this week as it announced its latest quarterly earnings report. As usual, there’s a lot to unpack. Here’s our take on the latest earnings report, and what it means for advertisers. In Q4 2022, net sales were up by 9% YoY on a guidance of 2 to 8%, with North […] Intentwise February 4, 2023February 4, 2023 3 min read Data VisualizationAmazonResults & InvestmentGoogleEconomyInternationalTechnology & InnovationSustainabilityPredictions and ForecastsOperations & Supply ChainMeta (Facebook)Executives 0 Saving Bookmark this article Bookmarked
Technology & Innovation Infographic: Generative AI Explained by AI Can I share this graphic? Yes. Visualizations are free to share and post in their original form across the web—even for publishers. Please link back to this page and attribute Visual Capitalist. When do I need a license? Licenses are required for some commercial uses, translations, or layout modifications. You can even whitelabel our visualizations. […] Visual Capitalist February 2, 2023February 2, 2023 4 min read Technology & InnovationData & InsightsData VisualizationDept. NonfoodChatGPTAITech: AIEconomyPredictions and ForecastsAssociatesOperations & Supply ChainMarketing: BroadcastGoogleDept. Toys & GamesShoppers 0 Saving Bookmark this article Bookmarked
Data & Insights Charted: U.S. Egg Prices More Than Double in 2022 Charted: U.S. Egg Prices Double in 2022 Eggs are a staple food for many countries around the world, and the U.S. is no exception. Americans eat between 250‒280 eggs a year on average. Eggs are also easy to cook, protein-dense and supply many daily vitamins needed for healthy living, making them a popular meal or […] Visual Capitalist February 1, 2023February 1, 2023 2 min read Data VisualizationDept. DairyData & InsightsConsumersDept. GroceryDept. FreshHoliday & EventsEconomyDept. RefrigeratedAssociates 0 Saving Bookmark this article Bookmarked 5
Shopper & Customer How the Values-Oriented Shopper Is Shaping Modern Commerce Fragmented audiences create a unique challenge for brands and retailers Product innovation is one of the most exciting aspects of the health and wellness industry—and it can also be one of the most overwhelming. Within one year, SPINS channels tracked 71,000 new brands, with 65% of them specifically within the health and wellness space. This […] Spins February 1, 2023February 1, 2023 4 min read ShoppersData & InsightsHealth & WellnessTechnology & InnovationSustainabilityPredictions and ForecastsDept. Natural / OrganicData VisualizationDept. NonfoodMarketing: Loyalty & SubscriptionBrick and MortarDept. PerimeterDept. FreshDept. BeverageDeliveryConsumersMarketing: In StoreOwned Brands (Private Label)Trends: Food and Beverage 0 Saving Bookmark this article Bookmarked
Corporate Finance NRF 2023: Top Retail Influencers’ Key Takeaways The RETHINK Retail team ventured to NYC from January 14-17th for NRF 2023: Retail’s Big Show. While there, we had the opportunity to speak with attendees from our Top Retail Influencer community and learn about their event experience. #TRI members- April Sabral, Andrew Smith, Carl Boutet, Alberto Serrentino, Charles Haseman, Christine Russo, Guy Courtin, and […] Rethink Retail January 27, 2023January 27, 2023 5 min read Technology & InnovationMarketing: SocialData & InsightsOperations & Supply ChainShoppersPredictions and ForecastsExecutivesData VisualizationOmnichannelBrick and MortarCustomer ExperienceReturnsAssociatesTrends: RetailSustainabilityResults & InvestmentIndustry Conferences and EventsMerchandisingInsight ProvidersConsultingDept. ApparelVendorsMarketing: Loyalty & Subscription 0 Saving Bookmark this article Bookmarked
Channel: Mass New-Seller Savings Gives Sellers a Boost To Grow at Walmart The start of the year is always an exciting time. It’s a time for reflection, setting goals, pushing boundaries and trying new things. This year, sellers can win big with us as Walmart Marketplace continues to grow and deliver a top-quality product selection and a world-class shopping experience.Our New Year’s resolution is simple: To be […] Walmart News January 27, 2023January 27, 2023 3 min read WalmartShoppersOperations & Supply ChainDept. NonfoodReturnsWalmart ConnectDeliveryMarketing: Retail MediaMarketing: In StoreCompetitionResults & InvestmentData VisualizationMerchandisingPartnershipsThick Data 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Nike’s Journey To Marketing Excellence When Nike’s ten business development principles were written by Rob Strasser in 1977 the words marketing, systems, research and planning were all dirty words inside of Nike’s culture. I know, I was there at a critical time in Nike’s growth. During those days Nike had very idiosyncratic, gruff, scruffy but brilliant leaders, who even thought […] Branding Strategy January 26, 2023January 26, 2023 8 min read Dept. ApparelStrategyMarketing: BrandTechnology & InnovationAmazonResults & InvestmentMarketing: TradeConsumersPartnershipsExecutivesOperations & Supply ChainData & InsightsDept. NonfoodData VisualizationTargetSustainabilityPredictions and ForecastsEconomy 0 Saving Bookmark this article Bookmarked
Shopper & Customer Sales of herbal immune supplements rise ST. PETERSBURG, Fla. – During the final quarter of 2022, even as the U.S. grappled with a “tripledemic” of flu, RSV and COVID-19, unit sales of vitamins and health supplements declined over the prior year while average unit prices rose, according to shopper intelligence leader Catalina. A clear exception was Herbal Immune Supplements, unit sales of […] MMR January 26, 2023January 26, 2023 2 min read ShoppersDept. OTCData & InsightsMarketing: In StoreAgenciesHealth & WellnessCOVID19ConsumersData VisualizationDept. DairyDept. HBCDept. Natural / OrganicCannabisMarketing: Direct & PersonalizationPricing & PromotionsMarketing: Print 0 Saving Bookmark this article Bookmarked
Trends & External Forces Inflation is cooling, but prices on many items are going to stay high for months Inflation may be cooling. But, for most Americans, the price of a cup of coffee or a bag of groceries hasn’t budged. In the months ahead, the big question is whether consumers will start to feel relief, too. Over the past few months, many of the key factors that fueled a four-decade high in inflation […] CNBC January 25, 2023January 25, 2023 6 min read EconomyConsumersData & InsightsAssociatesOperations & Supply ChainExecutivesDept. BeverageCOVID19RestaurantsShoppersOwned Brands (Private Label)PackagingHoliday & EventsKrogerPricing & PromotionsMarketing: TradeDept. GroceryData VisualizationDept. FreshResults & InvestmentDept. PerimeterInternationalProcter & GambleDept. NonfoodDept. BakeryBrick and MortarStrategyDeliveryDept. DairyDept. ApparelDept. BabyDept. LaundryPredictions and ForecastsDept. Sporting goodsDept. OTCDept. Appliances 0 Saving Bookmark this article Bookmarked
Data & Insights E-commerce: economic growth and empowerment of women and girls This evening (18 January) I am a member of a panel at an online Royal Society of Arts (RSA) event looking at the topic of female growth and empowerment in the field of e-commerce. The invitation came from Ann-Maree Morrison who is the co-author of a report on the topic. “This event is open to […] Stirling Retail January 18, 2023January 18, 2023 3 min read Data & InsightsEconomyInternational - UKSustainabilityMarketing: SocialData VisualizationOperations & Supply ChainMeta (Facebook)Dept. NonfoodPredictions and ForecastsESG and CSR 0 Saving Bookmark this article Bookmarked
Technology & Innovation Prioritize CX With No-Code Automated Software Testing In today’s retail environment, few things kill a sale and the customer experience (CX) more than software glitches and 404 error pages. Consumers expect seamless, personalized, on-demand digital solutions. In fact, 86 percent of customers say they would leave a brand after as few as two poor experiences, according to one 2022 study. The pressure […] Sune Engsig January 18, 2023January 18, 2023 3 min read Technology & InnovationCustomer ExperienceShoppersConsumersExecutivesConsultingInternational - UKInsight ProvidersOperations & Supply ChainMarketing: SocialData VisualizationData & InsightsMeta (Facebook)ESG and CSRThick DataMarketing: Direct & PersonalizationResults & InvestmentSustainabilityTwitterUnilever 0 Saving Bookmark this article Bookmarked
Technology & Innovation 2023 will be a chaotic year for martech, yet the start of a massive wave of growth I’m going to start the year with a controversial prediction: we are at the beginning of a massive wave of growth in martech. The next 7 years of expansion in our industry and profession will dwarf the past 7 years. I assume that’s a controversial claim because most people think this is going to be […] chiefmartec January 15, 2023January 23, 2023 9 min read Technology & InnovationMarketing: SocialCryptoPredictions and ForecastsTech: AR and VRCustomer ExperienceEconomyTrends: TechShoppersESG and CSRData & InsightsDept. NonfoodMeta (Facebook)MetaverseSustainabilityResults & InvestmentGovernmentAmazonDept. FreshOperations & Supply ChainConsumersData VisualizationThick DataDept. Toys & GamesDept. PerimeterTwitterblockchainTikTokStrategyNFTAI 0 Saving Bookmark this article Bookmarked
Data & Insights 2 Towns Ciderhouse Nationally Releases The Bad Apple for the First Time in Cans to 15 States The #1 independent cidery in the country, the Pacific Northwest’s 2 Towns Ciderhouse announces today their chart-topping, The Bad Apple (10.5% ABV, #1 selling single-serve craft cider in the U.S.), is now available in 4-packs of 12 oz. cans (in 15 U.S. states) for the first time since its original launch in 2010 (The Bad Apple is sold in […] Brewbound January 13, 2023January 13, 2023 < 1 min read Data Visualization 0 Saving Bookmark this article Bookmarked
Channel: Mass International Shopper & Customer Technology & Innovation Tesco infuriates shoppers as it slashes Clubcard points value Supermarket giant Tesco came under fire following the announcement that it will be reducing the value of Clubcard reward vouchers from June 2023. The reduction will come into force after… The post Tesco infuriates shoppers as it slashes Clubcard points value appeared first on Latest Retail Technology News From Across The Globe – Charged. Written by ChargedRetail March 21, 2023March 21, 2023 Saving Bookmark this article Bookmarked
Technology & Innovation Corporate Strategy Corporate Finance Partnerships & Alt Profit Media & Marketing Agencies & Vendors Data & Insights International Shopper & Customer Technology & Innovation aisle 3 exits the CSS business and uses proceeds to support growth in sneaker category AI powered shopping platform aisle 3 has completed the sale of its Google Comparison Shopping Site (CSS) service to Product Hero. Financial terms of the deal were not disclosed, other than it being all cash. The sale consolidates market share for CSS service provider Product Hero, which works with the likes of Rituals and Ikea. […] Written by Retail Technology Innovation Hub March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked
Technology & Innovation The Daily QuickWit (3/17): The Top Retail News The top retail news and most read stories in commerce. Written by RetailWit March 17, 2023March 21, 2023 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit Partnerships & Alt Profit Shopper & Customer Technology & Innovation Kroger lands deal for self-driving truck deliveries Get ready because the empty truck cabs in motion are coming. Gatik, which is involved in autonomous middle-mile logistics, has announced a multi-year commercial collaboration to transport customer orders within Kroger’s Dallas distribution network. The operations will launch in a few weeks. Under the collaboration, Gatik’s medium-duty autonomous box trucks will transport fresh, customer-favorite products from […] Written by Supermarket News March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked
CPG: Food Channel: Grocery Department & Category Department: Beverage Department: Food Corporate Strategy Shopper & Customer Technology & Innovation Trends & External Forces Merchandising Owned Brands (Private Label) Albertsons Redesigns and Expands Open Nature Own Label Line Albertsons yesterday unveiled what it said was “the redesign of its Open Nature brand as the company strives to become the brand of choice for those health-conscious shoppers seeking a more balanced lifestyle. Open Nature, which is part of Albertsons Cos. Own Brands portfolio, provides shoppers with tasty foods made with thoughtfully chosen ingredients that […] Written by MorningNewsBeat March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked