Partnerships & Alt Profit Dick’s Sporting Goods, SidelineSwap expand resale partnership The companies will hold over 300 used sports gear trade-in events at select Dick’s locations throughout the year. RetailDive April 17, 2024April 17, 2024 < 1 min read PartnershipsDept. Sporting goodsDept. Nonfood 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Adidas raises guidance for the year as Yeezy leftovers keep on giving But the sneaker giant is building momentum beyond the now-discontinued sub-brand, and CEO Bjørn Gulden’s turnaround seems to be taking hold. RetailDive April 17, 2024April 17, 2024 < 1 min read Dept. ApparelExecutives 0 Saving Bookmark this article Bookmarked
Media & Marketing 3 Ways Retailers Can Thrive in a Cookieless Era Retailers’ ability to identify and understand their customers plays a key role in their success. However, the onset of third-party cookie deprecation from Google, which officially began in January 2024, directly impacts how retailers can connect with their customers. Retailers must pivot to new targeting methods to continue reaching the right audiences, keep customers brand-loyal, […] TotalRetail April 17, 2024April 17, 2024 < 1 min read Predictions and ForecastsGoogle 0 Saving Bookmark this article Bookmarked
Trends & External Forces Retail industry reacts to March inflation dip The Consumer Prices Index (CPI) rose by 3.2% in the 12 months to March 2024, down from 3.4% in February. Core Inflation came in at 4.2% in the 12 months to March 2024, down from 4.5% in February while food inflation fell one percentage point… This story continues at Retail industry reacts to March inflation […] Talking Retail April 17, 2024April 17, 2024 < 1 min read EconomyPredictions and ForecastsDept. GroceryConsumers 0 Saving Bookmark this article Bookmarked 5
Trends & External Forces Walmart brings autonomous forklifts to 4 distribution centers The Fox Robotics technology is being deployed in Florida, Texas, New York and Alabama after a 16-month pilot. Grocery Dive April 17, 2024April 17, 2024 < 1 min read WalmartTrends: TechOperations & Supply ChainTech: RoboticsTechnology & Innovation 0 Saving Bookmark this article Bookmarked 5
Media & Marketing Cheetos chronicles various ‘Other Hand’ mishaps for latest marketing stunt A new campaign celebrates the 99% of consumers who reserve their dominant hand for eating Cheetos and spans digital, OOH and social media. MarketingDive April 17, 2024April 17, 2024 < 1 min read PepsiCoConsumersMarketing: Social MediaMarketing: OOHESG and CSR 0 Saving Bookmark this article Bookmarked
Corporate Strategy Stanley Brand president to lead Heydude Terence Reilly, who ushered the more than a century-old brand to viral success, is rejoining Crocs Inc., where he previously served as chief marketing officer. RetailDive April 16, 2024April 17, 2024 < 1 min read Executives 0 Saving Bookmark this article Bookmarked
Shopper & Customer Shoppers cut grocers a break when assigning blame for inflation, survey finds Consumers feel government policies and actions are most responsible for rising grocery prices but think retailers are not doing a good job explaining cost increases, according to The Feedback Group. Grocery Dive April 16, 2024April 17, 2024 < 1 min read Thick DataShoppersEconomyGovernmentConsumers 0 Saving Bookmark this article Bookmarked 5
Trends & External Forces Shein has copyright infringement ‘baked into’ its business model: class action lawsuit The complaint is the latest to claim the fast-fashion company steals designs from independent artists. RetailDive April 11, 2024April 11, 2024 < 1 min read Legal & CriminalDept. Apparel 0 Saving Bookmark this article Bookmarked
Technology & Innovation Andy Jassy says Amazon will deepen investments in generative AI Jassy described the tech as “the largest technology transformation since the cloud” or the internet, and said the company is “optimistic” it will be built on top of AWS. RetailDive April 11, 2024April 11, 2024 < 1 min read Technology & InnovationAmazonAI 0 Saving Bookmark this article Bookmarked
Data & Insights AI Still Needs Human Insight to Shape the Retail Experience In 2024, the most forward-thinking and innovative retail organizations will recognize that it’s a must to blend intelligent human insight and artificial intelligence (AI). It will become clear that unless an organization can find a way to unify the two across virtually every aspect of their business, it will suffer the consequences across both the […] TotalRetail April 11, 2024April 11, 2024 2 min read AITechnology & InnovationCustomer ExperienceVendorsShoppersMarketing: VoiceResults & InvestmentPredictions and ForecastsOmnichannelAmazonChatGPTQ CommerceExecutivesGoogleOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Corporate Strategy Jessica Alba Steps Down as CCO of Honest Company Honest Company founder Jessica Alba is stepping down as the chief creative officer of the company she helped found in 2012. RetailWire April 11, 2024April 11, 2024 < 1 min read Executives 0 Saving Bookmark this article Bookmarked
Toy maker MGA Entertainment launches DTC website The company aims to bring its top brands, including L.O.L. Surprise!, Little Tikes and Bratz, under one online storefront. Dive Brief: Toy retailer MGA Entertainment announced Tuesday the launch of The MGA Shop website as a way to bring all its top brands under one storefront. Major retailers will continue to sell merchandise from its brands L.O.L. Surprise!, Little Tikes, […] RetailDive April 11, 2024April 11, 2024 < 1 min read Editor's Choice 0 Saving Bookmark this article Bookmarked
Data & Insights The Rise of the Online Marketplace in Home Improvement The home improvement industry is at a crossroads, shaped by a digital landscape that continues to grow exponentially. In the first half of 2024, this sector has seen a significant transition to online sales, which now account for 37% of the industry’s total market share. It’s a pivot that reflects the broader narrative of our […] Yipitdata April 11, 2024April 11, 2024 3 min read Data & InsightsConsumersAmazonPredictions and ForecastsCompetitionHome DepotBrick and MortarShoppersPricing & PromotionsOperations & Supply ChainMarketing: In StoreTrends: RetailDept. NonfoodTechnology & InnovationDept. AppliancesCostcoUnileverStrategyWalmart 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General celebrates opening of 20,000th store The US variety store chain has also awarded $20,000 to support educational and tutoring programmes in Texas. The post Dollar General celebrates opening of 20,000th store appeared first on Retail Insight Network. Retail Insights Network April 10, 2024April 10, 2024 < 1 min read Dollar General 0 Saving Bookmark this article Bookmarked
Data & Insights Retail Buying and Merchandising Trends in 2024 In 2024, the landscape of buying and merchandising is witnessing significant transformations driven by evolving consumer preferences, technological advancements, and socio-economic shifts. Let’s dive into four key trends reshaping the retail industry this year. Embracing Sustainable Partnerships: Sustainability has transcended from a buzzword to a fundamental expectation among consumers. With an increasing awareness of environmental […] The Retail Bulletin April 10, 2024April 10, 2024 4 min read Technology & InnovationAISustainabilityShoppersPredictions and ForecastsMerchandisingConsumersOperations & Supply ChainStrategyDept. ApparelData & InsightsESG and CSRTrends: RetailInternational - UKStore LocationMarketing: Loyalty & SubscriptionBrick and MortarPartnershipsHealth & WellnessAmazonDept. HBCMarketing: Social MediaMetaverseTargetEconomy 0 Saving Bookmark this article Bookmarked
Trends & External Forces How Do Democrats and Republicans Feel About Certain U.S. Industries? See this visualization first on the Voronoi app. Industry Favorability, by Political Party 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. Much and more has been written, in the last decade particularly, about the U.S. […] Visual Capitalist April 10, 2024April 10, 2024 3 min read GovernmentEconomyDept. FuelSustainabilityTechnology & InnovationESG and CSROperations & Supply ChainData VisualizationDept. FreshPhilanthropyPredictions and ForecastsResults & InvestmentInternational - North AmericaRestaurantsExecutivesData & InsightsHealth & WellnessStrategyDept. GroceryGoogleDept. Natural / OrganicDept. DairyDept. HBCDept. ApparelDept. NonfoodDept. PerimeterDept. RefrigeratedDept. Adult BevDeliveryConsumers 0 Saving Bookmark this article Bookmarked
Media & Marketing 99 Cents Only to Close All 371 Locations, Hold Liquidation Sale in Business Wind-Down 99 Cents Only Stores will wind down its business and shutter its 371 locations across California, Texas, Arizona and Nevada after more than 40 years in operation. The decision follows a months-long attempt to find an alternative solution, but ultimately the company decided a wind-down was the best way to “maximize the value of 99 Cents Only Stores’ assets,” the company said […] Retail TouchPoints April 6, 2024April 9, 2024 2 min read Brick and MortarBankruptcyResults & InvestmentPredictions and ForecastsCOVID19Marketing: Social MediaEconomyConsultingConsumersDollar TreeDollar GeneralExecutivesOperations & Supply ChainSustainabilityDept. NonfoodTechnology & Innovation 0 Saving Bookmark this article Bookmarked 5
Data & Insights New Cannabis Dispensary Modeled on Customer-Friendly Supermarkets Retail TouchPoints April 3, 2024April 9, 2024 5 min read Data & InsightsPredictions and ForecastsCannabisShoppersDept. HBCPackagingExecutivesConsumersDept. FreshMerchandisingMarketing: Social MediaAssociatesDeliveryDept. PharmacyDept. GroceryMarketing: BrandMars Inc.StrategyDept. DairyTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Media & Marketing FAST has made linear TV cool again; personalization will make it cooler In less than 20 years, streaming video has both transformed the TV landscape and created somewhat of a mirror image of what TV looked like before streaming arrived. Not only has advertising started to flourish as a means of monetization across platforms and services, live, scheduled programming continues to gain traction as content creators, media […] Nielsen April 3, 2024April 9, 2024 4 min read Data & InsightsStreamingMarketing: BroadcastPredictions and ForecastsBig DataInsight ProvidersMarketing: Digital MediaConsumersMarketing: Direct & PersonalizationTechnology & InnovationThick DataOperations & Supply ChainMarketing: Social MediaConsultingHealth & WellnessPricing & PromotionsAmazonPartnershipsAgencies 0 Saving Bookmark this article Bookmarked
Trends & External Forces Walmart Health to expand to 70 clinics by end of 2024 BENTONVILLE, Ark. — Walmart will open its first health clinic in Texas next month on the way to 70 across the U.S. by the end of the year according to an article in Forbes. Walmart, which has 48 Walmart Health centers in five states, said in the article it will add 22 new locations in 2024, […] MMR April 2, 2024April 9, 2024 < 1 min read Health & WellnessWalmartPredictions and ForecastsShoppersMarketing: Direct & PersonalizationInclusivityExecutivesDelivery 0 Saving Bookmark this article Bookmarked
Technology & Innovation U.S. and UK Announce Partnership on Science of AI Safety The U.S. and UK have today signed a Memorandum of Understanding (MOU) which will see them work together to develop tests for the most advanced AI models, following through on commitments made at the AI Safety Summit last November. US Dept of Commerce April 2, 2024April 2, 2024 3 min read Technology & InnovationAIInternational - UKPartnershipsDept. NonfoodPredictions and ForecastsInternationalHealth & Wellness 0 Saving Bookmark this article Bookmarked 5
Data & Insights Navigating the Future: 3 Critical Predictive AI Challenges Retailers Can Overcome in 2024 Artificial intelligence integration is coming of age in the retail industry. Eighty percent of retailers are expected to adopt AI within the next three years, and according to a recent IDC Europe study, 40 percent of retailers are already in the experimentation phase with generative AI. While generative AI (think AI assistants and ChatGPT) is […] TotalRetail April 2, 2024April 3, 2024 3 min read Technology & InnovationAIData & InsightsPredictions and ForecastsMarketing: Direct & PersonalizationConsumersDept. NonfoodShoppersCustomer ExperienceResults & InvestmentOmnichannelPricing & PromotionsOperations & Supply ChainExecutivesMarketing: In StoreConsultingBig DataChatGPTTrends: RetailDeliveryDept. FuelDept. HBCMarketing: Loyalty & SubscriptionStrategySustainability 0 Saving Bookmark this article Bookmarked
Media & Marketing Google Settles Incognito Mode Lawsuit Google has agreed to get rid of or make anonymous billions of records of web browsing data collected from its private browsing “Incognito mode.” This move comes as part of a proposed class action settlement filed Monday in the Brown v. Google case. RetailWire April 2, 2024April 9, 2024 < 1 min read GoogleLegal & CriminalData & Insights 0 Saving Bookmark this article Bookmarked 5
Channel: Delivery DoorDash Adds Lowe’s as First Home Improvement Retail Partner DoorDash has entered the home improvement category with a new partnership with Lowe’s Companies. The delivery aggregator announced yesterday that it will offer on-demand delivery from more than 1,700 Lowes’ stores nationwide. This partnership marks DoorDash’s first foray into the home improvement category and builds on the significant selection offerings on the platform, with more than 99 […] TotalRetail April 1, 2024April 3, 2024 2 min read DoorDashFood DeliveryPartnershipsLowesDeliveryBrick and MortarConsumersDept. PetDept. HBCRestaurantsPricing & PromotionsOmnichannelExecutivesDept. NonfoodDept. GroceryTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Corporate Purpose One Year Since Bud Light’s Marketing Blunder: What Did We Learn? Yes, hindsight is 20/20. As we reach the anniversary of Bud Light’s marketing blunder, we’ve taken a look back into what really happened to fuel the iconic brand’s crisis. In the year following Bud Light’s cancellation, the company faced material backlash from both the LGBTQ+ and conservative communities for their transgression of core brand values. […] Forrester April 1, 2024April 9, 2024 < 1 min read InclusivityDept. Fuel 0 Saving Bookmark this article Bookmarked 5
Data & Insights AI in Retail (AiR) Spotlight Session Takeaways at Shoptalk 2024 Following a tremendously successful AiR Conference in New York City, RETHINK Retail continued the conversation at Shoptalk Las Vegas with AI in Retail (AiR) Spotlight Sessions. This presented an invaluable opportunity to demonstrate to the retail sector how Generative AI (GenAI) advancements present new opportunities and applications to fuel operational optimization, impacting areas like inventory […] Rethink Retail April 1, 2024April 9, 2024 5 min read Technology & InnovationAIData & InsightsIndustry Conferences and EventsConsultingShoppersPredictions and ForecastsPartnershipsOperations & Supply ChainConsumersMarketing: Direct & PersonalizationCustomer ExperienceResults & InvestmentDept. NonfoodDept. Natural / OrganicMarketing: In StoreChatGPTExecutivesAssociatesVendorsMarketing: Digital MediaDept. FuelDelivery 0 Saving Bookmark this article Bookmarked 5
Department & Category Snack trends: Tapping into people’s impulses Despite economic headwinds, the snack industry pushes ahead with innovation that sparks curiosity and renews untold avenues for growth. Food Business News April 1, 2024April 3, 2024 < 1 min read Dept. GroceryEconomyTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Media & Marketing Albertsons streamlines loyalty program The grocer is simplifying the way shoppers can accumulate points and offering new ways for them to redeem. Grocery Dive April 1, 2024April 9, 2024 < 1 min read Marketing: Loyalty & SubscriptionRegional GroceryAlbertsons / SafewayShoppers 0 Saving Bookmark this article Bookmarked 5
Channel: Ecommerce & Digital TechCrunch Minute: Amazon bets $4B on Anthropic’s success The current AI wave is a never-ending barrage of news items. To understand what I mean, ask yourself how long you spent considering the fact that Amazon put another $2.75 billion into Anthropic AI last week. Right? We’ve become inured to the capital influx that is now common in AI, even as the headline numbers […] TechCrunch April 1, 2024April 2, 2024 < 1 min read AmazonTechnology & InnovationAIResults & InvestmentPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit Department: Nonfood Partnerships & Alt Profit Dick’s Sporting Goods, SidelineSwap expand resale partnership The companies will hold over 300 used sports gear trade-in events at select Dick’s locations throughout the year. Written by RetailDive April 17, 2024April 17, 2024 Saving Bookmark this article Bookmarked
Department: Consumer Durables Corporate Strategy Adidas raises guidance for the year as Yeezy leftovers keep on giving But the sneaker giant is building momentum beyond the now-discontinued sub-brand, and CEO Bjørn Gulden’s turnaround seems to be taking hold. Written by RetailDive April 17, 2024April 17, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Trends & External Forces 3 Ways Retailers Can Thrive in a Cookieless Era Retailers’ ability to identify and understand their customers plays a key role in their success. However, the onset of third-party cookie deprecation from Google, which officially began in January 2024, directly impacts how retailers can connect with their customers. Retailers must pivot to new targeting methods to continue reaching the right audiences, keep customers brand-loyal, […] Written by TotalRetail April 17, 2024April 17, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces Shopper & Customer Trends & External Forces Retail industry reacts to March inflation dip The Consumer Prices Index (CPI) rose by 3.2% in the 12 months to March 2024, down from 3.4% in February. Core Inflation came in at 4.2% in the 12 months to March 2024, down from 4.5% in February while food inflation fell one percentage point… This story continues at Retail industry reacts to March inflation […] Written by Talking Retail April 17, 2024April 17, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces Technology & Innovation Trends & External Forces Operations & Supply Chain Walmart brings autonomous forklifts to 4 distribution centers The Fox Robotics technology is being deployed in Florida, Texas, New York and Alabama after a 16-month pilot. Written by Grocery Dive April 17, 2024April 17, 2024 Saving Bookmark this article Bookmarked