Channel: Grocery Court sets late August start date for hearing on Kroger-Albertsons merger A federal judge in Oregon will decide during the proceeding whether to grant the FTC’s request to block the transaction. Grocery Dive March 12, 2024March 14, 2024 < 1 min read Regional GroceryMergersKrogerAlbertsons / SafewayGovernment 0 Saving Bookmark this article Bookmarked
Media & Marketing Kids Like to Go Out to Eat ask Chuck E. Cheese Don’t want to cook, don’t want to do dishes, well according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® your kids don’t want you hear you complain about cooking dinner either. Chuck E. Cheese has a new program for that has a great chance to make the entire family happy according […] Grocerant Guru March 11, 2024March 14, 2024 3 min read Dept. GroceryDept. DairyData & InsightsRestaurantsMarketing: Social MediaPricing & PromotionsDept. Toys & GamesDept. NonfoodGamingTwitterMarketing: Loyalty & SubscriptionMarketing: TradeESG and CSRDept. FreshMeta (Facebook)Predictions and ForecastsSustainabilityConsumers 0 Saving Bookmark this article Bookmarked
Channel: Grocery Publix reports 49% growth in net earnings in FY23 US supermarket chain Publix has reported net earnings of $4.3bn in FY23, marking a 49% increase from FY22’s $2.9bn. The post Publix reports 49% growth in net earnings in FY23 appeared first on Retail Insight Network. Retail Insights Network March 8, 2024March 8, 2024 < 1 min read Results & InvestmentRegional GroceryPublix 0 Saving Bookmark this article Bookmarked
Channel: Mass Target Q4 2023 Earnings Recap Target reported Q4 and 2023 financial results at its annual investor day on March 5, 2024. Quarterly comp performance improved sequentially from Q2 to Q4, but 2023 ended with comps down -3.7%. Profitability outperformed expectations as the company realized $2B of operating income growth in 2023 and reported notable gross margin improvements. The stock was […] The Harvest Group March 8, 2024March 8, 2024 < 1 min read TargetResults & InvestmentPredictions and ForecastsVendorsMarketing: Loyalty & SubscriptionData & Insights 0 Saving Bookmark this article Bookmarked
Trends & External Forces Kroger Reports Fourth Quarter and Full-Year 2023 Results, Announces Guidance for 2024 Comments from Chairman and CEO Rodney McMullen. "Kroger achieved strong 2023 results, in line with our long-term growth model and built upon three consecutive years of historic growth. Kroger March 7, 2024March 8, 2024 9 min read KrogerResults & InvestmentPredictions and ForecastsAssociatesDept. FuelShoppersDept. Fresh PreparedDept. DeliHealth & WellnessSustainabilityEconomyGovernmentConsumersOperations & Supply ChainStrategyDept. PharmacyMarketing: BrandDept. FreshReturnsMergersOwned Brands (Private Label)PartnershipsDept. GroceryDept. DairyDept. BeverageData & InsightsExecutivesMarketing: Direct & PersonalizationWeatherCustomer ExperienceCompetitionPress ReleaseUnileverDivestituresDept. PerimeterAlbertsons / SafewayDept. BakeryTargetRegional GroceryDept. Natural / OrganicDept. HBCBrick and MortarDeliveryTrends: ConsumerTechnology & InnovationMarketing: TradeMarketing: Loyalty & SubscriptionMarketing: In StoreESG and CSR 0 Saving Bookmark this article Bookmarked
Corporate Finance 2024 BEER MARKET REPORT This annual report offers detailed performance, insights and new product releases from six key beer segments: craft, domestics, flavored malt beverages, imports, hard cider,and non-alcohol. bevindustry.com March 7, 2024March 8, 2024 < 1 min read Dept. BeverageDept. Adult BevPredictions and ForecastsResults & InvestmentPricing & PromotionsData & Insights 0 Saving Bookmark this article Bookmarked
Data & Insights AI Series Part 4: Some AI platforms struggle, others thrive in world of ChatGPT Download full report Leonardo.ai–a differentiated visualization growing its share of wallet Access chart in Dash. A self-described “platform for creative production,” Leonardo.ai commanded about 47% of its own customers’ AI Tools spending in January 2024, relatively flat since November 2023 according to Earnest credit card data. This makes it somewhat rare among AI tools in […] Earnest Research March 7, 2024March 14, 2024 2 min read AITechnology & InnovationChatGPTData & InsightsShoppersDept. NonfoodPredictions and ForecastsData VisualizationMarketing: Social MediaConsumers 0 Saving Bookmark this article Bookmarked
Channel: Mass Target to add paid membership program MINNEAPOLIS—As part of a revamp of its customer loyalty program, Target is launching a new paid membership program called Target Circle 360. The program, set to launch on April 7, includes unlimited free same-day delivery for orders over $35 in as little as an hour with no delivery fees or markups, free two-day shipping, access […] MMR March 6, 2024March 7, 2024 2 min read TargetShoppersMarketing: Loyalty & SubscriptionDeliveryMarketing: Direct & PersonalizationPricing & PromotionsOperations & Supply ChainConsumersExecutivesDept. FuelMarketing: In StoreOwned Brands (Private Label)SustainabilityBrick and Mortar 0 Saving Bookmark this article Bookmarked
Data & Insights dunnhumby and Placer.ai strike partnership enabling retailers to unlock unique door-to-purchase customer journey insights By combining in-store and out-of-store customer journey insights, the partnership delivers retailers and CPGs with actionable strategies in today’s highly competitive environment. dunnhumby March 6, 2024March 6, 2024 3 min read Technology & InnovationAIPartnershipsData & InsightsShoppersBig DataInsight ProvidersMarketing: Retail MediadunnhumbyStore LocationResults & InvestmentMarketing: In StoreEconomyCompetitionSustainabilityConsultingStrategyBrick and MortarPredictions and ForecastsTescoDept. PharmacyCoca ColaMeijerProcter & GambleRegional Grocery 0 Saving Bookmark this article Bookmarked 5
Trends & External Forces What are America’s Most Disappointing Cars in 2024? See this visualization first on the Voronoi app. What are America’s Most Disappointing Cars in 2024? This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. Cars are such a fundamental part of American life, that certain […] Visual Capitalist March 6, 2024March 6, 2024 2 min read Predictions and ForecastsConsumersDept. NonfoodThick DataEconomyShoppersGoogleDept. FuelData VisualizationData & Insights 0 Saving Bookmark this article Bookmarked
Media & Marketing Facebook, Instagram and Threads are all down in massive Meta outage on Super Tuesday Reports are coming in that a number of Meta’s top social apps, including Facebook and Instagram, as well as its new app Threads, are all experiencing an outage on Tuesday morning. When loading the apps or websites, users receive an error message that “something went wrong” and to try again later, or, in the case […] TechCrunch March 6, 2024March 6, 2024 < 1 min read Meta (Facebook)Marketing: Social MediaPredictions and ForecastsESG and CSR 0 Saving Bookmark this article Bookmarked
Channel: Mass Target SWOT Analysis 2024 What makes Target so popular? For starters: 🎯 People-first leadership 🎯 Powerhouse private labels 🎯 An elevated store experience BY LISA GOLLERMARCH 5, 2024RETAIL, STRATEGY What makes Target so popular? For starters: 🎯 People-first leadership 🎯 Powerhouse private labels 🎯 An elevated store experience As consumers’ needs and the retail landscape shift, Target has evolved as an […] Lisa Goller March 5, 2024March 6, 2024 2 min read TargetPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Channel: Grocery - Natural Whole Foods Market to Open Smaller Format Stores as Part of Ongoing Expansion AUSTIN, Texas–(BUSINESS WIRE)–New stores pair convenience with the best of Whole Foods Market; first location expected to open in 2024 BusinessWire - Supermarket March 4, 2024March 6, 2024 < 1 min read Whole FoodsRegional GroceryBrick and MortarStore LocationPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Channel: Drug UPDATE: Rite Aid Plans to Close Another 77 Stores in 2024 Update 3/4/2024: As part of its financial reorganization, Rite Aid plans to close an additional 77 stores this year, according to multiple media reports. When it officially entered bankruptcy in October 2023, Rite Aid said it planned to close 154 underperforming stores, and in December 2023 multiple sources reported that Rite Aid planned to close […] Retail TouchPoints March 4, 2024March 6, 2024 2 min read Rite AidBrick and MortarPredictions and ForecastsBankruptcyExecutivesResults & InvestmentMarketing: Social MediaDept. PharmacyPartnershipsOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Media & Marketing The RadioShack story: from boom to bust to reboot From its inception as a humble mail-order business catering to radio aficionados to its zenith as a global electronics giant, RadioShack’s trajectory has been nothing short of extraordinary. The post The RadioShack story: from boom to bust to reboot appeared first on Retail Insight Network. Retail Insights Network March 4, 2024March 4, 2024 < 1 min read Marketing: BroadcastDept. Nonfood 0 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit CVS Media Exchange (CMX) partners with Pinterest WOONSOCKET, R.I. — CVS Media Exchange (CMX), a data-led, technology-driven media network that enables partners to reach and better serve CVS Pharmacy shoppers, is partnering with Pinterest and LiveRamp on data clean rooms to bring greater transparency to partners (CPG brand suppliers). Provided by LiveRamp, this clean room solution allows CMX partners to track attributed Pinterest […] MMR March 4, 2024March 6, 2024 2 min read PartnershipsMarketing: Retail MediaData & InsightsMarketing: Social MediaCVSHealth & WellnessShoppersTechnology & InnovationDept. HBCDept. PharmacySustainabilityDept. Natural / OrganicMarketing: Loyalty & SubscriptionPredictions and ForecastsStrategyMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Department & Category Dollar General is Selling a Lot of Food When you open your 20,000th store you are executing relevant brand messaging and at Dollar General were talking more and more about a lot of food according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. Steve Deckard, Dollar General’s executive vice president of store operations and development, stated, “Today marks an incredible […] Grocerant Guru March 2, 2024March 4, 2024 3 min read Dept. GroceryDollar GeneralData & InsightsMarketing: Social MediaDept. FreshBrick and MortarConsumersHealth & WellnessTwitterTargetMeta (Facebook)Dept. NonfoodGovernmentExecutivesOperations & Supply ChainPhilanthropyStrategyShoppersResults & InvestmentVendorsOwned Brands (Private Label)ESG and CSREconomyDept. FrozenAssociates 0 Saving Bookmark this article Bookmarked
Trends & External Forces “Shrinkflation” In The Spotlight The New York Times has a piece about the impetus for shrinkflation, and the underlying economics. “Companies are downsizing products without downsizing prices, and consumer posts from Reddit to TikTok to the New York Times comments section drip with indignation at the trend, widely known as ‘shrinkflation’,” the story says, noting that “the practice isn’t […] MorningNewsBeat March 2, 2024March 6, 2024 2 min read GovernmentEconomyCOVID19Data & InsightsPredictions and ForecastsConsumersDept. NonfoodMarketing: Social MediaPackagingStrategyTikTokDept. BeverageDept. FrozenDept. PaperInternational - North AmericaAssociates 0 Saving Bookmark this article Bookmarked
Media & Marketing Best Buy CEO Promises Enhanced Personalization, Physical Store Upgrades in FY2025 Best Buy will leverage its membership-based loyalty program to sharpen personalization efforts for its 2025 fiscal year, which began Jan. 29, 2024. The retailer also plans to concentrate on updating and refreshing existing stores rather than opening new brick-and-mortar locations, as well as “improving and livening the merchandising presentation given the shift to digital shopping […] Retail TouchPoints March 2, 2024March 4, 2024 3 min read PartnershipsPredictions and ForecastsBest BuyMarketing: Direct & PersonalizationBrick and MortarShoppersMarketing: Loyalty & SubscriptionHealth & WellnessExecutivesOmnichannelData & InsightsMarketing: In StoreAssociatesOperations & Supply ChainMarketing: Social MediaPricing & PromotionsStrategyVendorsMerchandisingDept. HBCResults & Investment 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger lets downtown Cincinnati lease lapse Unknown number of Kroger employees move to Blue Ash Technology Center, Kroger Co. has allowed the lease to lapse on Cincinnati downtown office space used by the grocer’s digital team, a Kroger spokesperson has confirmed. The workers were relocated from Atrium Two, 221 E. Fourth St., to the company’s Blue Ash Technology Center at 11450 […] EIN Supermarket News March 1, 2024March 6, 2024 2 min read KrogerTechnology & InnovationAssociates 0 Saving Bookmark this article Bookmarked
Associates & Employees Kroger workers authorize strike in West Virginia, Kentucky, and Ohio Thousands could strike “at any moment” as union resumes contract negotiations Supermarket News March 1, 2024March 4, 2024 2 min read AssociatesKroger 0 Saving Bookmark this article Bookmarked
Trends & External Forces Elon Musk sues OpenAI and Sam Altman over ‘betrayal’ of non-profit AI mission Elon Musk sued OpenAI, its co-founders Sam Altman and Greg Brockman and affiliated entities on Thursday, alleging the ChatGPT makers have breached their original contractual agreements by pursuing profits instead of the nonprofit’s founding mission to develop AI that benefits humanity. Musk, an early backer of OpenAI, claims Altman and Brockman convinced him to help […] TechCrunch March 1, 2024March 4, 2024 < 1 min read AITechnology & InnovationMarketing: Social MediaChatGPTPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Merchandising Food Packaging With Forever Chemicals No Longer Sold in US Food packaging coated in forever chemicals will no longer be sold in the United States. The Food and Drug Administration reports that grease-proofing materials containing per- and polyfluoroalkyl substances (PFAS) are being phased out completely. RetailWire March 1, 2024March 7, 2024 < 1 min read PackagingDept. GroceryGovernment 0 Saving Bookmark this article Bookmarked
CPG: Food Nestle launches ice cream-inspired variations of its big brands Nestlé has launched a new range of ice cream inspired sharing bags, featuring Aero, Milkybar, Munchies and Rowntree’s Randoms. Nestlé has announced its new range for 2024, the latest sharing bag selection, inspired by popular Ice Cream flavours. Neapolitan flavour Aero Melts, Munchies Cookie Dough… This story continues at Nestle launches ice cream-inspired variations of […] Talking Retail February 29, 2024February 29, 2024 < 1 min read NestleDept. FrozenPredictions and ForecastsDept. Bakery 0 Saving Bookmark this article Bookmarked
Technology & Innovation 80% of 85–95-year-olds now pay with contactless, according to Barclays According to new Consumer Spend data from Barclays’ annual contactless trends report, usage grew across all age demographics in 2023, and the gap between older and younger audiences continued to narrow. It shows the fastest growth among the over 65s for the third year running.… This story continues at 80% of 85–95-year-olds now pay with […] Talking Retail February 29, 2024February 29, 2024 < 1 min read Technology & InnovationPredictions and ForecastsData & InsightsConsumers 0 Saving Bookmark this article Bookmarked
Channel: Grocery The FTC-Kroger, Albertsons fight could be long and complicated A solution may not happen until 2025, and the remedies could be vast Supermarket News February 28, 2024February 29, 2024 < 1 min read Regional GroceryKrogerGovernmentAlbertsons / SafewayPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Channel: Restaurants Wendy’s Plans Surge Pricing. Maybe? There were numerous press reports yesterday that fast feeder Wendy’s plans to institute surge pricing – charging higher prices at high-demand times – sometime next year. The reports seemed to emanate from comments made earlier this month by the company’s new CEO-president, Kirk Tanner, who said that the chain plans to rollout “dynamic pricing,” enabled […] MorningNewsBeat February 28, 2024March 4, 2024 2 min read RestaurantsStrategyExecutivesWeatherPricing & PromotionsPredictions and ForecastsPress ReleaseMarketing: TradeMarketing: Social MediaESG and CSR 0 Saving Bookmark this article Bookmarked
Stores & Formats Macy’s To Close 150 Stores, 25 Percent Of Its Fleet Macy’s announced yesterday that it will close 150 of its stores in the US, a move that will eliminate about 25 percent of its square footage representing about 10 percent of its sales. The New York Times reports that “it is the second major downsizing of the Macy’s chain since 2020 and will leave the […] MorningNewsBeat February 28, 2024February 29, 2024 2 min read Brick and MortarDept. NonfoodPredictions and ForecastsInternational - UKDept. HBCCOVID19Associates 0 Saving Bookmark this article Bookmarked
Associates & Employees Retail and wholesale workers taking 4% less annual leave report shows The annual leave report, conducted by HR systems specialist Access PeopleHR, analysed data from over 3,000 companies to reveal that the retail and wholesale sector has seen a 4.32% drop in annual leave taken per employee from 2022-2023. Nationally, annual leave taken has dropped by 7.6%… This story continues at Retail and wholesale workers taking 4% […] Talking Retail February 28, 2024February 29, 2024 < 1 min read AssociatesData & InsightsPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Family Dollar to pay over $41M in fines due to poor conditions at distribution center The fine is the largest-ever criminal penalty in a food safety case. Family Dollar has agreed to pay over $41 million in fines after pleading guilty to holding food, drugs, medical devices, and cosmetics under unsanitary conditions at its West Memphis, Ark., distribution center. The fine is the largest-ever monetary criminal penalty in a food […] Supermarket News February 28, 2024February 29, 2024 2 min read Operations & Supply ChainFamily DollarLegal & CriminalDept. Grocery 0 Saving Bookmark this article Bookmarked
Channel: Grocery Acquisitions, Divestitures & Mergers Trends & External Forces Court sets late August start date for hearing on Kroger-Albertsons merger A federal judge in Oregon will decide during the proceeding whether to grant the FTC’s request to block the transaction. Written by Grocery Dive March 12, 2024March 14, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Channel: Restaurants Department & Category Department: Consumer Durables Department: Food Department: Nonfood ESG Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Merchandising Kids Like to Go Out to Eat ask Chuck E. Cheese Don’t want to cook, don’t want to do dishes, well according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® your kids don’t want you hear you complain about cooking dinner either. Chuck E. Cheese has a new program for that has a great chance to make the entire family happy according […] Written by Grocerant Guru March 11, 2024March 14, 2024 Saving Bookmark this article Bookmarked
Channel: Grocery Corporate Finance Publix reports 49% growth in net earnings in FY23 US supermarket chain Publix has reported net earnings of $4.3bn in FY23, marking a 49% increase from FY22’s $2.9bn. The post Publix reports 49% growth in net earnings in FY23 appeared first on Retail Insight Network. Written by Retail Insights Network March 8, 2024March 8, 2024 Saving Bookmark this article Bookmarked
Channel: Mass Corporate Finance Media & Marketing Agencies & Vendors Data & Insights Trends & External Forces Target Q4 2023 Earnings Recap Target reported Q4 and 2023 financial results at its annual investor day on March 5, 2024. Quarterly comp performance improved sequentially from Q2 to Q4, but 2023 ended with comps down -3.7%. Profitability outperformed expectations as the company realized $2B of operating income growth in 2023 and reported notable gross margin improvements. The stock was […] Written by The Harvest Group March 8, 2024March 8, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces CPG: Food Channel: Ecommerce & Digital Channel: Grocery Channel: Mass Department & Category Department: Beverage Department: Food Department: HBC Acquisitions, Divestitures & Mergers Corporate Strategy Corporate Finance ESG Partnerships & Alt Profit Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Retail Operations Associates & Employees Operations & Supply Chain Owned Brands (Private Label) Stores & Formats Kroger Reports Fourth Quarter and Full-Year 2023 Results, Announces Guidance for 2024 Comments from Chairman and CEO Rodney McMullen. "Kroger achieved strong 2023 results, in line with our long-term growth model and built upon three consecutive years of historic growth. Written by Kroger March 7, 2024March 8, 2024 Saving Bookmark this article Bookmarked