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  1. RetailWit QuickWit

Daily QuickWit (10/21) – Top Retail News of the Day

Kroger launches private targeted marketing platform. Big news coming from 84.51 / KPM. The platform allows clients to use their demand-side platform (DSP) of choice. Data is money, and Kroger has blown open the doors for extending first-party data beyond their walled garden—while maintaining (shopper) privacy and control.  Amazon gives third-party sellers access to more […]
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  1. Channel: Grocery

Kroger Debuts Private Programmatic Advertising Marketplace

Solution enables brands to target relevant shoppers, optimize performance against actual retail sales The Kroger Co.’s retail media business, Kroger Precision Marketing (KPM) powered by 84.51°, has rolled out a new private programmatic advertising marketplace. The Kroger Private Marketplace enables agencies and brands to target consumers by applying Kroger audience data to programmatic campaigns on […]
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  1. RetailWit QuickWit

Daily QuickWit (10/19) – Top Retail News of the Day

Albertsons posts Q2 earnings beat. ID sales +1.5% (2 year stacked: 15.3%); digital sales +5% (2 year stacked: +248%). They announced a strong quarterly dividend of 20% and raised FY2021 outlook.  Gross profit margin decreased 28.6% (fuel, inflation, supply chain costs). Albertsons spoke to their transformation strategy and, specifically, called out modernizing their technical infrastructure […]
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  1. Shopper & Customer

Consumers Unmasked: EPAM Continuum Says…

Why Experience-Driven Subscription Services are Key to Satisfying Customer Cravings
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  1. RetailWit QuickWit

Daily QuickWit (10/15) – Top Retail News of the Day

Here’s our top picks of the day, along with the album of the week: Walgreens Q4 tops estimates and launches new business segment. Net income increased to $627MM (vs $372MM YA) and adjusted earnings per share were $1.17 (vs analyst estimate of $1.02). Comparable pharmacy sales +8.1%, comparable retail sales +8.9%. It reached annual cost […]
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  1. RetailWit QuickWit

Daily QuickWit (10/14) – Top Retail News of the Day

Walmart announces a new product offering complementing the retailer’s forthcoming DSP. Really big news coming out of Walmart as they will begin commercializing their data with the help of dunnhumby, the OG in data commercialization. “They are both examples of how part of Walmart’s strategy of continuing to build alternative revenue streams and profit pools […]
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  1. Channel: Mass

Exclusive: Inside Walmart Luminate, Which Aims to Make Customer Data Actionable

A new product offering complements the retailer’s forthcoming DSP By Lisa Lacy Walmart is about to take the wraps off a new set of data products geared toward merchants and suppliers, Adweek has learned. The first contracts for Walmart Luminate, as the new feature is known, were signed in the last month, a spokesperson tells Adweek. […]
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  1. RetailWit QuickWit

Daily QuickWit (10/13) – Top Retail News of the Day

Kroger expands Delivery to new markets.The Northeast, Florida, and California will have first-time or expanded Kroger Delivery options. No timing has been announced yet, but Ocado CFCs and new, smaller MFCs (dubbed ‘Zoom’) will be built. Kroger Delivery will “serve customers as fast as 30 minutes…. [and] deliver same-day and next-day orders.” Doordash launches ad […]
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  1. RetailWit QuickWit

QuickWit Weekly (10/11): WitsNotes Vol. 4 & Last Week’s Top Retail News

WitsNotes Volume 4 takes us to a new frontier of Marketing. Title: Re-invented Marketing: A Candid, Myth-busting Interview Author: Rishad Tobaccowala (The talk and his website)  Topic(s): Marketing Length: 1 hour RetailWit Summary: 5 minutes Summary Marketing is in a perilous spot—the cookie is crumbling, privacy will be a competitive advantage, CMO tenure is the […]
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  1. RetailWit QuickWit

Daily QuickWit (10/7) – Top Retail News of the Day

Happy Thursday! Here are the top stories of the day: Pinterest is adding more eCommerce features Pinterest has announced the launch of a raft of new shopping features as it becomes the latest social media giant to push eCommerce capabilities. Pinterest is becoming more of a powerhouse in the path to purchase; according to digital […]
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  1. Channel: Ecommerce & Digital

How Amazon Aims to Disrupt Grocery Again

Company reportedly developing a ‘smart’ refrigerator Amazon is reportedly working on a smart refrigerator that would use the same cashierless technology employed in the company’s grocery stores. According to Business Insider, Amazon is developing a refrigerator that can automatically scan for low-stock items or expiring products and make refill orders — using some of the computer-vision technology […]
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  1. Channel: Grocery

dunnhumby to Power Media Business, SEG Connects, for Southeastern Grocers

CHICAGO–(BUSINESS WIRE)–dunnhumby announced today a new technology partnership with Southeastern Grocers Inc. (SEG) to power SEG Connects, the grocery retailer’s media business. SEG Connects powered by dunnhumby will help consumer packaged goods (CPG) companies connect with SEG’s Fresco y Más, Harveys Supermarket and Winn-Dixie customers by putting the brands in front of the shoppers they want to reach […]
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  1. Channel: Grocery - Natural

Whole Foods Market Names New CEO

Jason Buechel will succeed John Mackey, who is retiring next year The next evolution of Whole Foods Market as a grocer has arrived. The company’s co-founder and CEO John Mackey announced Thursday that he is retiring, and taking his place as CEO will be Chief Operating Officer Jason Buechel. In an emotional letter posted on […]
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  1. RetailWit QuickWit

Daily QuickWit (10/1) – Top Retail News of the Day

Nothing quite says Friday like listening to Timecop1983 while reading the best of today’s retail news: IRI: Private Label growth lower than Name Brands over the last year. Previous 52 weeks (ending Sept 19) show sales of brand name rising 3.6% ($536B) versus private label’s 1.5% ($142B). It’s the first time in a decade name […]
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  1. RetailWit QuickWit

Daily QuickWit (9/30) – Top Retail News of the Day

Here are the top topics we are talking about this evening at RetailWit HQ: GoPuff Plans to open a digital-first retail store The store will use kiosks where shoppers can place orders, and the items will be picked and delivered to the shopper in the store. This micro-fulfillment model is now being brought straight to […]
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  1. Channel: Delivery

Gopuff plans to open a digital-first retail store

Planning documents filed in San Francisco outline a location that has digital ordering kiosks and is built to efficiently manage in-store and online orders. Dive Brief: Gopuff is planning to open an omnichannel store in San Francisco outfitted with digital ordering kiosks and built to efficiently manage in-store and online orders, according to an application the […]
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  1. RetailWit QuickWit

Daily QuickWit (9/29) – Top Retail News of the Day

Target Deal Days is coming back. As we mentioned yesterday, holiday spending is expected to be big (although, when isn’t it?). Target is looking to capitalize. They’ll also price-match through the end of the year. In short, they’re making it easier for shoppers to engage, taking an omnichannel approach and lowering any “purchase regret” barriers. […]
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  1. RetailWit QuickWit

Daily QuickWit (9/28) – Top Retail News of the Day

It’s Tuesday and here are the top stories we are talking about today: Shoppers unhappy with grocers’ performance Only 36% of shoppers feel that stores are doing a good job handling the pandemic, this is down from 50% in February of this year. This has to be in large part due to the labor shortage […]
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  1. RetailWit QuickWit

Daily QuickWit (9/24) – Top Retail News of the Day

Amazon expands faster same day delivery. Delivery will be in available in “as little as five hours” (although two-day shipping is often taking five these days). Coming to Miami, Minneapolis, and Atlanta, and expanding their presence in Chicago. There has to be a breaking point where there’s diminishing returns for convenience and delivery. And, Amazon […]
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Editor’s Choice

  1. RetailWit QuickWit

Daily QuickWit (10/21) – Top Retail News of the Day

Kroger launches private targeted marketing platform. Big news coming from 84.51 / KPM. The platform allows clients to use their demand-side platform (DSP) of choice. Data is money, and Kroger has blown open the doors for extending first-party data beyond their walled garden—while maintaining (shopper) privacy and control.  Amazon gives third-party sellers access to more […]
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  1. Channel: Grocery

Kroger Debuts Private Programmatic Advertising Marketplace

Solution enables brands to target relevant shoppers, optimize performance against actual retail sales The Kroger Co.’s retail media business, Kroger Precision Marketing (KPM) powered by 84.51°, has rolled out a new private programmatic advertising marketplace. The Kroger Private Marketplace enables agencies and brands to target consumers by applying Kroger audience data to programmatic campaigns on […]
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  1. RetailWit QuickWit

Daily QuickWit (10/19) – Top Retail News of the Day

Albertsons posts Q2 earnings beat. ID sales +1.5% (2 year stacked: 15.3%); digital sales +5% (2 year stacked: +248%). They announced a strong quarterly dividend of 20% and raised FY2021 outlook.  Gross profit margin decreased 28.6% (fuel, inflation, supply chain costs). Albertsons spoke to their transformation strategy and, specifically, called out modernizing their technical infrastructure […]
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