Department & Category Should Your Retail Store Stock Alcohol? 3 Pros, 2 Cons, And 3 Key Considerations You already own a profitable retail store, so is there a point in adding liquor to your shelves? The answer to that question depends on the size of your storefront, funding, and several other factors. To help you make a decision, weigh the following pros, cons, and key considerations. What You Should Consider Before Stocking […] Retail Minded May 21, 2022May 21, 2022 3 min read Dept. Adult BevEconomyBrick and MortarDept. BeverageCompetitionShoppersGovernmentMerchandisingPackagingDept. FuelESG and CSRMarketing: SocialOperations & Supply ChainResults & InvestmentAssociates 0 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit Inside Natori’s Transformation from High-End Wholesaler to Omnichannel Brand A 45-year-old family-owned luxury business might not be the kind of company one expects to be at the cutting edge of digital commerce, but thanks to President Ken Natori, the company’s second-generation leader, Natori is just that. The designer fashion brand launched its own ecommerce operation in 2008, at a time when many other high-end […] Retail TouchPoints May 21, 2022May 21, 2022 6 min read PartnershipsOmnichannelDept. ApparelExecutivesBigCommerceBrick and MortarMerchandisingTechnology & InnovationDept. PetAmazonMarketing: SocialCOVID19StrategyShoppersOperations & Supply ChainESG and CSRsocial commerceMarketing: Loyalty & SubscriptionConsumersAssociatesMeta (Facebook)Data & InsightsDept. BeveragePackagingResults & InvestmentPredictions and ForecastsDept. HBC 0 Saving Bookmark this article Bookmarked
Technology & Innovation Ulta Launches Retail Media Network, Sephora Likely Not Far Behind Ulta Beauty is the latest retailer to launch a retail media network, aiming to tap into the growing pool of ad dollars flowing into closed-loop systems as marketers look beyond search engines and social media in preparation for a cookie-less future. Ulta’s new offering, which the retailer first announced in late 2021, is called UB […] Retail TouchPoints May 21, 2022May 21, 2022 2 min read Technology & InnovationMarketing: Retail MediaDept. HBCPartnershipsPredictions and ForecastsESG and CSRData & InsightsMarketing: SocialConsumersOperations & Supply ChainPricing & PromotionsStrategyConsulting 0 Saving Bookmark this article Bookmarked
Channel: Marketplace The Rise of Resale Programs: 5 Brands Leading the Charge in Sustainability The earth is changing, and so is the way consumers shop. With 77% of Americans concerned about the environmental impact of products they buy, retailers are revamping their business models to improve both the planet and their balance sheets. For years, the fashion industry has faced backlash for its climate-harming practices. Consider these facts: one new garment takes 77 […] Shopify May 20, 2022May 20, 2022 < 1 min read SustainabilityRecommerceShopifyDept. ApparelConsumersEconomyESG and CSR 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital How Inflation Has Deflated Some Of Amazon’s Short-Term Ambitions Business Insider has a story this morning about the degree to which inflation is affecting Amazon’s retail business. “The uncertainty over rising costs and consumer prices shows that even Amazon, a $1.1 trillion company obsessed with meticulous attention to detail, can be roiled by the rising inflation around the world — adding an unwelcome jolt […] MorningNewsBeat May 20, 2022May 20, 2022 4 min read AmazonEconomyExecutivesSustainabilityConsumersAssociatesResults & InvestmentOperations & Supply ChainDeliveryShoppersCOVID19Dept. FuelTargetMarketing: SocialTwitterESG and CSRPartnershipsLegal & CriminalVendors 0 Saving Bookmark this article Bookmarked
Department: HBC It’s Time to Put Innovative Contracts Under Warranty Today’s guest post comes from Jane Barlow, Chief Clinical Officer, and Susan Raiola, President of Real Endpoints. Jane and Susan discuss the mechanism and benefits of warranties in the realm of value-based contracts. To learn more about payer-pharma warranty contracts and whether these agreements can solve issues that limit the utility of more traditional value-based […] Drug Channels May 20, 2022May 20, 2022 2 min read Data & InsightsMarketing: SocialConsultingShoppersMeta (Facebook)ESG and CSRDept. Pharmacy 0 Saving Bookmark this article Bookmarked
Media & Marketing eyezon, the on-demand human centric shopping platform, enters LATAM Retail technology company, eyezon partners with Promart and Innovasport. eyezon, the on-demand human centric social shopping platform that connects, in real time, e-commerce shoppers with retail sales agents, friends, family and even product and category experts, via live streaming sessions, has expanded into Latin America. Its inaugural business wins include Peruvian based home center company, […] Modern Retail May 20, 2022May 20, 2022 < 1 min read International - UKTechnology & InnovationStreamingsocial commerceShoppersPartnershipsMarketing: Digital MediaESG and CSR 0 Saving Bookmark this article Bookmarked
Channel: Delivery Flink, the German instant grocery upstart, snaps up France’s Cajoo for ~$93M, takes fresh Carrefour funding, sources say at $5B valuation Instant grocery startups sprang up and grew like weeds during COVID-19, fueled by consumers opting to practice social distancing and ready to order their food and sundries at the tap of an app, and VCs seeing an gap in the delivery market that had yet to be definitively filled. Now, perhaps inevitably, comes the consolidation. Tech Crunch May 20, 2022May 20, 2022 4 min read Q CommerceDeliveryPartnershipsTechnology & InnovationFood DeliveryDept. FreshConsumersAcquisitionCOVID19GopuffDoorDashShoppersResults & InvestmentData & InsightsInternationalESG and CSRDept. GroceryBrick and MortarExecutivesOperations & Supply ChainMerchandisingInternational - UKSustainability 0 Saving Bookmark this article Bookmarked 5
International Mexican Pizza is back at Taco Bell Taco Bell has put its popular Mexican Pizza back on the menu after removing it two years ago. The chain made the decision to add the item back after fans of the dish went on social media to lobby for its return. RetailWire May 20, 2022May 20, 2022 < 1 min read RestaurantsInternational - North AmericaMarketing: SocialESG and CSR 0 Saving Bookmark this article Bookmarked
Corporate Strategy Why Retailers Must Navigate Muddy Waters of ESG Requirements The need for more corporate responsibility has evolved for today’s corporations and the next generation of business leaders in the form of environmental, social and governance (ESG). Investors, activists and regulators are now requiring proactive, community-structured commitment and accountability that’s designed to step above shareholder returns. Today’s global capital markets aren’t interested in more marketing […] Rashida Salahuddin May 19, 2022May 19, 2022 3 min read ESG and CSRSustainabilityExecutivesInclusivityResults & InvestmentShoppersPredictions and ForecastsReturnsOperations & Supply ChainHoliday & EventsAssociates 0 Saving Bookmark this article Bookmarked
Corporate Strategy Why Brands Should Embrace Social Commerce In this episode of Retail Right Now, Total Retail’s Joe Keenan and Marie Albiges discuss an article recently published by Total Retail titled, “Social Commerce is Having More Than a Moment,” authored by Stevie Morris, vice president of content and social marketing strategy at Razorfish. With more than $958 billion spent in 2021, it’s clear […] Kristina Stidham May 19, 2022May 19, 2022 < 1 min read ESG and CSRsocial commerceStrategy 0 Saving Bookmark this article Bookmarked
Media & Marketing Mrs Crimble’s to use TikTok to sell more cakes Gluten-free bakery brand Mrs Crimble’s has started a marketing campaign on TikTok. The brand is using the social media platform for an interactive rap challenge designed to entice a new generation to buy its cakes. The promotion uses social influencers to create rap verses on how they enjoy the cakes, while challenging other TikTok users […] Talking Retail May 19, 2022May 19, 2022 < 1 min read Marketing: SocialTikTokESG and CSRDept. PerimeterDept. Bakery 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Macy’s Expands Sustainability Efforts After Raising $1.5M During Earth Month Through its Earth Month partnership with Trust for Public Land (TPL), Macy’s raised $1.5 million, and now the retailer has increased its sustainability initiatives by partnering with nonprofit organizations Better Cotton and HERProject. During the month of April, Macy’s encouraged customers to round up their purchases and donate their change — up to $.99 — […] Retail TouchPoints May 19, 2022May 19, 2022 2 min read SustainabilityPartnershipsESG and CSRPhilanthropyPredictions and ForecastsDept. ApparelResults & InvestmentOwned Brands (Private Label)Operations & Supply ChainEconomyDelivery 0 Saving Bookmark this article Bookmarked
Media & Marketing Digital Video Ad Spend Increased 49% in 2021 and Expected to Reach Nearly $50 Billion in 2022, According to IAB’s 2021 Video Ad Spend and 2022 Outlook Report Connected TV Makes Up Largest Ad Spend Amongst Digital Video Advertising NEW YORK — May 2, 2022 —Digital video advertising spend surged 49% in 2021 and is expected to increase an additional 26% to $49.2B in 2022 according to IAB’s “2021 Video Ad Spend and 2022 Outlook” report. Released at the 2022 IAB NewFronts, in […] IAB May 19, 2022May 19, 2022 5 min read StreamingMarketing: BroadcastData & InsightsTechnology & InnovationAgenciesStrategyEconomyESG and CSRThick DataTargetAssociatesPredictions and ForecastsConsumersDept. NonfoodMarketing: OOHStore LocationInclusivityPricing & PromotionsPartnershipsMarketing: Digital Media 0 Saving Bookmark this article Bookmarked
Corporate Strategy Restaurants Fresh Flavorful Meal Components with Cravability Needed Grocerant niche Ready-2-Eat and Heat-N-Eat fresh prepared food will drive top-line growth and bottom-line profits in 2022 according to Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. Stop by and visit us at the 2022 National Restaurant Show. Today, the need for branded, craveable fresh food is preferred 8.6 to 1 over […] Grocerant Guru May 19, 2022May 19, 2022 3 min read Dept. GroceryRestaurantsDept. FreshConsumersMarketing: SocialBrick and MortarData & InsightsDept. PerimeterShoppersPredictions and ForecastsTwitterMeta (Facebook)ConsultingDept. Fresh PreparedOperations & Supply ChainDept. ApparelDept. Adult BevStore LocationStrategyHealth & WellnessESG and CSR 0 Saving Bookmark this article Bookmarked
Trends & External Forces Behavioral Analytics Fights eCommerce Fraud and Friction in Real Time The pandemic has significantly changed consumer behavior and preferences, pushing banks to upgrade their processes to meet these shifting demands. Schalk Nolte, CEO at authentication firm Entersekt, told PYMNTS in an interview that pre- and post-pandemic, there has been a distinct shift towards consumers transacting online more often, requiring banks to ensure they take care […] Pymnts.com May 19, 2022May 19, 2022 3 min read Legal & CriminalConsumersData & InsightsESG and CSRCOVID19SustainabilityResults & InvestmentPredictions and ForecastsPartnershipsMarketing: SocialExecutives 0 Saving Bookmark this article Bookmarked
Media & Marketing Not Using Twitter Shops? Here’s Why You’re Missing Out E-commerce accelerated through the pandemic, and consumers are increasingly expecting to purchase products on platforms they already use. The established digital commerce leaders, such as Google Shopping, Amazon.com, and Etsy, have seen substantial usage increases since the onset of the pandemic, which is emblematic of the broader digital storefront trend. Historically, retailers have had a […] Jeff Stuart May 18, 2022May 18, 2022 3 min read Marketing: SocialTwitterData & InsightsShoppersESG and CSRsocial commerceGoogleCOVID19ConsumersPricing & PromotionsPartnershipsMarketing: TradeAmazonTechnology & InnovationAI / ML 0 Saving Bookmark this article Bookmarked
Shopper & Customer Consumer Trends That Every Brick-and-Mortar Brand Must Respond To The shopper should set the agenda for your brand — always. Those brands that fall out of touch with consumer tastes become disconnected from those with the sole power to keep you profitable and relevant. This is why Raydiant produced the State of Consumer Behavior 2022 report. By serving up actionable insights into what the […] Bobby Marhamat May 18, 2022May 19, 2022 3 min read ConsumersShoppersBrick and MortarMarketing: In StoreDept. BeverageTrends: ConsumerESG and CSREconomyMarketing: Loyalty & SubscriptionPredictions and ForecastsPricing & PromotionsMarketing: TradeInternational - UKStrategyRestaurantsCOVID19Data & InsightsDept. DairyDept. NonfoodMarketing: OOHExecutivesDeliveryAlimentation Couche-Tard 0 Saving Bookmark this article Bookmarked
Media & Marketing Twitter Debuts Subscriber-Only Spaces for ‘Super Followers’ Twitter is debuting a new subscriber-only element to let creators build their in-app communities with Super Follows Spaces, Social Media Today reported Tuesday (May 17). The feature will be available to Super Follows creators, and the report noted that this will let creators offer “an extra layer of conversation,” engaging with them through live audio. […] Pymnts.com May 18, 2022May 19, 2022 2 min read Marketing: SocialTwitterLegal & CriminalResults & InvestmentESG and CSRData & InsightsAcquisition 0 Saving Bookmark this article Bookmarked
Media & Marketing 5 things your organization needs to consider amid the ongoing Elon Musk Twitter drama The billionaire’s plans are on hold, but you should still reconsider your relationship with the platform. The warning was blunt: “Once the deal closes, we don’t know what direction this company will go in.” That’s what Twitter CEO Parag Agrawal told his employees recently, referring to the pending takeover of Twitter by billionaire flamethrower Elon […] PR Daily May 18, 2022May 19, 2022 4 min read Marketing: SocialTwitterStrategyESG and CSRMeta (Facebook)GovernmentExecutivesPredictions and ForecastsData & InsightsHealth & WellnessDept. Natural / OrganicMarketing: BrandLegal & CriminalOperations & Supply ChainSustainabilityDept. NonfoodTargetAssociates 0 Saving Bookmark this article Bookmarked
Media & Marketing Instagram celebrates Shop anniversary with New York City pop-up Instagram celebrates 1 million followers on its Shop account as the social commerce industry is expected to grow. RetailDive May 18, 2022May 18, 2022 < 1 min read Meta (Facebook)Marketing: SocialPop Upssocial commerceESG and CSR 0 Saving Bookmark this article Bookmarked
Shopper & Customer Container Store Cleans up With Record Sales, Plans to Double Business As a cloud of uncertainty hangs over housing prices and rising interest rates are taking a bite out of buying power, the case for staying in place is as strong as it’s been in years. It’s a scenario that is not only prompting consumers to make the most of the space they already have but one […] Pymnts.com May 18, 2022May 19, 2022 3 min read ShoppersConsumersEconomyExecutivesMarketing: SocialMarketing: In StoreAcquisitionESG and CSRTechnology & InnovationCOVID19Marketing: BrandBrick and MortarTikTokMerchandisingOperations & Supply ChainPartnershipsPredictions and ForecastsResults & InvestmentStrategy 0 Saving Bookmark this article Bookmarked
Department & Category Farming and food production costs rise by more than 30% in April ‘Agflation’ could also be exacerbated long-term by impact of environmental rules on dairy The Grocer May 18, 2022May 19, 2022 < 1 min read Dept. GrocerySustainabilityESG and CSRDept. RefrigeratedDept. FreshDept. Dairy 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart To Host One-Weekend-Only Savings Event Exclusively for Walmart+ Members BENTONVILLE, Ark., May 18, 2022 — Today, Walmart announced the arrival of Walmart+ Weekend, an online savings event exclusively for Walmart+ members that stretches over three days. The fun begins on Walmart.com at 12 p.m. PT/3 p.m. ET on Thursday, June 2, with the deals ending at 4 p.m. PT/7 p.m. ET on Sunday, June […] Walmart News May 18, 2022May 18, 2022 4 min read WalmartMarketing: Loyalty & SubscriptionMarketing: SocialBrick and MortarOperations & Supply ChainAssociatesDept. FuelHoliday & EventsMarketing: BroadcastStore LocationTwitterPhilanthropyDeliveryTechnology & InnovationMeta (Facebook)SustainabilityStreamingMarketing: TradeMarketing: In StoreDept. Toys & GamesTech: RoboticsExecutivesESG and CSRDept. NonfoodPricing & Promotions 0 Saving Bookmark this article Bookmarked
Shopper & Customer Why Your Retail Business Needs Credit Report Services In an era of turbulence, it’s essential to make your business as sturdy as possible. If you’re in the retail industry, you know how tough things can be. In fact, during the first half of 2017, several significant retailers were forced to go out of business due to poor planning owing to economic inflation. With […] Retail Minded May 18, 2022May 18, 2022 7 min read ShoppersResults & InvestmentLegal & CriminalCompetitionData & InsightsHealth & WellnessPredictions and ForecastsCustomer ExperienceEconomyReturnsOperations & Supply ChainCustomer ExperienceSustainabilityTechnology & InnovationVendorsMarketing: Direct & PersonalizationConsumersMarketing: SocialStrategyESG and CSRMarketing: Loyalty & SubscriptionDeliveryBankruptcy 0 Saving Bookmark this article Bookmarked
Department & Category Kroger eyes household food waste CINCINNATI — Kroger continues to deliver on its Zero Hunger | Zero Waste commitment, the centerpiece of the company’s environmental, social, and governance (ESG) strategy. The Kroger Co. Zero Hunger | Zero Waste Foundation — in collaboration with the Foundation for Food & Agricultural Research (FFAR) — has launched the Food Waste Challenge, to develop […] MMR May 17, 2022May 18, 2022 2 min read SustainabilityDept. GroceryKrogerDept. NonfoodConsumersESG and CSRTechnology & InnovationPartnershipsStrategyMarketing: Social 0 Saving Bookmark this article Bookmarked
Channel: Delivery Instacart Ads Expands to Canada with Danone, Purina, Unilever and More With Sponsored Product Now Available in Canada, CPG Brands Are Leveraging Instacart to Drive Growth Across North America We’re proud to announce the expansion of Instacart Ads in Canada. Today, CPG brands and media agencies with a presence in Canada can tap into Instacart Ads capabilities to engage with Canadian consumers as they search and […] Instacart News May 17, 2022May 17, 2022 3 min read InstacartDeliveryInternational - North AmericaConsumersPartnershipsData & InsightsMarketing: SocialESG and CSRReturnsMarketing: Retail MediaAgenciesDept. BeverageMeta (Facebook)TwitterDept. NonfoodDept. PetOwned Brands (Private Label)PhilanthropyPricing & PromotionsResults & InvestmentStrategyTechnology & InnovationDept. Grocery 0 Saving Bookmark this article Bookmarked
Retail Operations Social Commerce for the Omnichannel Consumer Social commerce uses human interaction and relationships to drive product discovery, purchase consideration, and sales. In the realm of social commerce, the use of social media, influencers, and any digital platform where people interact with each other become a critical component to eCommerce brands’ success. In fact, MikMak’s Shopping Index found that 53 percent of […] MikMak May 17, 2022May 17, 2022 < 1 min read ESG and CSROmnichannelsocial commerceConsumersStrategyMarketing: SocialStore LocationShoppers 0 Saving Bookmark this article Bookmarked
Media & Marketing Building better connections Many social media platforms have undergone impressive growth the past few years, as the pandemic drove people indoors, in front of screens and searching for connection. To address this need, many brands are spending big on social media, turning to influencers to make more personal (and profitable) connections with consumers. In fact, global marketers are […] Nielsen May 17, 2022May 17, 2022 < 1 min read Marketing: SocialESG and CSRPredictions and ForecastsInsight ProvidersConsumersTikTokOperations & Supply ChainMeta (Facebook)Data & InsightsCOVID19 0 Saving Bookmark this article Bookmarked
Media & Marketing Getting closer: Influencers help brands build more personal consumer connections In a world where marketers are tasked with engaging consumers across a growing abundance of channels and platforms, it can be challenging to establish relationships that feel genuine and personal. And while brand building remains global marketers’ top objective, mass reach channels may not always fit the bill. With a focus on brand building, marketers […] Nielsen May 17, 2022May 17, 2022 3 min read Marketing: SocialConsumersInsight ProvidersESG and CSRData & InsightsTikTokTechnology & InnovationMarketing: TradeHealth & WellnessDept. Natural / Organic 0 Saving Bookmark this article Bookmarked
Department: Food Your Daily QuickWit (5/20): Top Retail News Yesterday's top retail news and most read stories Written by RetailWit May 20, 2022May 20, 2022 Saving Bookmark this article Bookmarked
Channel: Delivery Channel: Delivery Department & Category Channel: Ecommerce & Digital Acquisitions, Divestitures & Mergers Corporate Strategy Corporate Finance Partnerships & Alt Profit Department: Food Data & Insights International Shopper & Customer Technology & Innovation Trends & External Forces Merchandising Operations & Supply Chain Stores & Formats Flink, the German instant grocery upstart, snaps up France’s Cajoo for ~$93M, takes fresh Carrefour funding, sources say at $5B valuation Instant grocery startups sprang up and grew like weeds during COVID-19, fueled by consumers opting to practice social distancing and ready to order their food and sundries at the tap of an app, and VCs seeing an gap in the delivery market that had yet to be definitively filled. Now, perhaps inevitably, comes the consolidation. Written by Tech Crunch May 20, 2022May 20, 2022 Saving Bookmark this article Bookmarked
Channel: Mass Channel: Mass Data & Insights Shopper & Customer Trends & External Forces Battle of the titans: Walmart marketplace shows big gains against Amazon Get a by-the-numbers view of Walmart's remarkable e-commerce growth and seller profitability. Written by Future of Commerce May 20, 2022May 20, 2022 Saving Bookmark this article Bookmarked
Shopper & Customer Agencies & Vendors International Shopper & Customer Associates & Employees Lowest consumer confidence for nearly 50 years A consumer confidence monitor that has been running since 1974 recorded its lowest-ever score this month. The well-established GfK index was down to -40 for May, meaning consumers are less confident now than at any time for nearly half a century. Joe Staton, client strategy director at GfK, said: “This comes as UK unemployment hits […] Written by Talking Retail May 20, 2022May 20, 2022 Saving Bookmark this article Bookmarked
Department & Category Channel: Ecommerce & Digital Channel: Restaurants Department: Food Media & Marketing Data & Insights International Shopper & Customer Trends & External Forces Success Does Leave Clues for Food Retailers Giving credit where credit is due. The grocerant niche filled with Ready-2-Eat and Heat-N-Eat fresh prepared food continues to drive top-line sales and bottom-line profits in every channel of retail foodservice. According to Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions® the recent insights by the NPD group show just have important the […] Written by Grocerant Guru May 20, 2022May 20, 2022 Saving Bookmark this article Bookmarked