Competition

General articles on the competitive situation and competitive forces in retail.

  1. Channel: Delivery

SN Top 10: Dollar Tree, Kroger, Doordash top the week's headlines

In this week’s recap of the Top 10 most popular Supermarket News articles, the top story was FTC turns to competition about Kroger / Albertsons merger. According to a Wall Street Journal report, the FTC wants to know how retailers
< 1 min read
0
  1. Shopper & Customer

Marketing mix : Define your marketing strategy around the 4Ps

Created in 1960 by Jerome McCarthy, the marketing mix gives concrete form to the marketing actions that can play a major role in satisfying the target audience in a given market. Indeed, your marketing and sales strategy must be based on clear objectives and positioning to enable you to envisage concrete actions to become a […]
7 min read
0
  1. Channel: Ecommerce & Digital

The Face-Off Between Amazon and ‘Alternative Marketplaces’ is Shaping the Next Era of Ecommerce

“Omnichannel” has been an aspiration for brands for many years now, but while it used to refer to the merging of a retailer’s brick-and-mortar and ecommerce operations, it now means something very different. The “new omnichannel” that retailers now aspire to includes not just stores and websites but also social media, search engines and perhaps […]
7 min read
0
  1. Media & Marketing

Employees Are Central To Leadership Marketing

There is another piece of news coming out of Silicon Valley aside from the banking debacle. And, that is Meta’s “year of efficiency” planning. Apparently, Meta’s leader, Mark Zuckerberg, has just discovered the benefits of financial discipline and operational excellence. In his recent memo to Meta employees, Mr. Zuckerberg indicated that this year will require […]
5 min read
0
  1. Associates & Employees

Dollar General Commits $100M to Increasing Employee Hours as Labor Competition Continues

Dollar General will invest nearly $100 million to increase labor hours for its more than 170,000 store employees in 2023 to enable “consistent store standards while further enhancing the associate and customer experience,” said CEO Jeffrey Owen on the company’s fiscal year 2022 earnings call. The move comes as retailers continue to struggle to attract […]
2 min read
0
  1. Shopper & Customer

Check out these three tips for building customer loyalty

In this time of countless choices and cutthroat competition in the market, customer loyalty might feel fleeting and temporary for some businesses. However, brand loyalty is when customers keep on buying products from a brand again and again despite the presence of competitors offering similar products or services. Customers associate positive sentiments towards some brands […]
3 min read
0
  1. Trends & External Forces

Porter’s 5 forces : analyse the competition and develop your competitive advantages

Porter’s 5 forces model is a tool that is widely taught in business schools and various training centres. Among other things, this tool makes it possible to analyse the competition in a market. Porter’s forces refer to the following elements The intensity of competition, The bargaining power of customers, The bargaining power of suppliers, The […]
7 min read
0
  1. Technology & Innovation

The Price of Eggs Isn’t the Only Thing Grocers Are Managing These Days

According to FoodIndustry.com, the U.S. food market is worth $1.5 trillion annually, or roughly 4 percent of the domestic gross product. $800 billion of that revenue is from supermarkets and food stores. Compare this to the U.S. apparel market, which is estimated to be worth $318 billion (Statistica). And while the retail industry often focuses […]
5 min read
0
  1. Technology & Innovation

From Product Descriptions to SEO: How Retailers are Putting Generative AI to Use

[Editor’s note: This is the third article in our series on AI in retail. Be sure to check out our other stories on consumer attitudes toward AI and store design applications.]  Since OpenAI debuted ChatGPT a little over three months ago, “generative AI” has become a hot topic and no industry has been left untouched […]
8 min read
0
  1. Trends & External Forces

Your Views:  Conservative Values

Last week we had a story about Kroger saying it would make “a more than $770 million incremental investment in its associates during 2023 … to raise average hourly rates, improve healthcare options, build new training and development opportunities, and more.” One MNB reader – obviously someone better at math than I am –  wrote: […]
3 min read
0
  1. Data & Insights

How To Sell Online: The Secret To E-commerce Video Marketing

In today’s e-commerce space, video marketing has turned out to be one of the most important forms of content to promote products. This is primarily due to its ability to reach a larger group of target audiences and attract them.  According to SearchEngineWatch, videos help persuade 73% of people to buy a product or service. […]
5 min read
0
  1. Trends & External Forces

Amazon faces possible class action lawsuit from suppliers

A new coalition of lawyers are planning a possible class action lawsuit against US retail giant Amazon which could include evidence of alleged breaches of competition laws and The Groceries… The post Amazon faces possible class action lawsuit from suppliers appeared first on Latest Retail Technology News From Across The Globe – Charged.
< 1 min read
0
  1. Shopper & Customer

Top 100 E-commerce in the UK – 2nd Semester 2022

E-Commerce Nation, in partnership with Similarweb, has compiled a list of the Top 100 E-commerce UK. The recent surge in energy and life prices has significantly impacted household consumption. As the high season approaches, brands are actively competing to lure customers to their online stores, accessible via computers, mobile sites, and increasingly, mobile apps. In […]
4 min read
0
  1. Media & Marketing

Setting the Stage: How Loyalty Amplifiers Help You Acquire and Onboard More Loyalty Program Members

Loyalty programs are invaluable tools for retailers, but the fact that most brands offer them also means a program alone may not be enough to differentiate your brand — and competition for new members is fierce. Even more challenging? Keeping those customers engaged in your loyalty program long term. To stand out, your brand needs […]
3 min read
0
  1. Operations & Supply Chain

How To Optimize Your Retail Logistics Strategy 

The retail industry is highly competitive, especially in this era of technology-based commerce. This means that most consumers expect retail companies to have faster turnaround times for product deliveries. They should also manage goods coming from their suppliers to ensure that they have enough stock on hand at all times.  With these changing demands, retailers […]
3 min read
0
  1. Shopper & Customer

The New CPG Playbook: Embrace Product, Marketing and Experience Innovation to Drive Growth

The digital surge during COVID-19 accelerated the introduction of direct-to-consumer CPG brands selling online, but three interlocking trends could hobble their continued growth. One is simple competition: more brands and more products competing for consumer wallet and mind share. The second is inflation, which is causing consumers to adjust their purchasing patterns. In the U.S. […]
7 min read
0
  1. Channel: Home Improvement

Lowe’s Brings Back Live Product Sourcing Event for Second Year

Lowe’s has launched its second annual “Into the Blue” product pitch event, inviting entrepreneurs and businesses of all sizes to apply to get their products on the home improvement retailer’s shelves. Both U.S.-based and international companies and individuals with ready-for-market products can apply through March 20, 2023. Selected prospective suppliers will be invited to attend […]
2 min read
0
  1. Channel: Ecommerce & Digital

More Search Volume is Flowing to ‘Long Tail’ Terms on Amazon

The most popular terms on Amazon continue to drive a significant percentage of the overall search volume on the retail site. But over the past year, as overall search volume on Amazon rose across the board, a noticeably greater share has shifted towards terms with lower search frequency ranks (SFR). While the degree of these […]
2 min read
0
  1. Channel: Restaurants

Without Innovation the Restaurant Sector Will Remail Stifled

  Capitulating customer counts year after year and relying on menu price increase in order to find sales is not a business formula, they would ever teach at any business school. Sadly, it appears to be the state of the restaurant industry once again. Remember that the status quo is not in the minds-eye of […]
6 min read
0
  1. Department: HBC

Who are the biggest global pharmaceutical companies?

Pharmaceuticals are vital to a healthy society. The last few years demonstrated that we need an efficient and innovative drug landscape to drive advancements in medicine. Covid-19 fueled the growth of the pharmaceutical drugs market, as companies raced to develop the vaccine that would alter the course of the pandemic. This period very much reflected […]
< 1 min read
0
  1. Shopper & Customer

The Power of the Transaction Moment

The return of in-store shopping post-pandemic has reminded customers of the value of a relevant, personalized experience. This convenience is something which e-commerce has struggled to replicate over the years — but it is something that’s possible by leveraging first-party data. While we’re more accustomed to the use of data in the early to mid-stages of […]
3 min read
0
  1. Shopper & Customer

Ebay VP on the Platform’s Competitive Advantage: ‘We Don’t Compete with our Sellers’

When Ebay debuted in 1995, it and Amazon were pretty much the only game in town. Fast forward 28 years and Amazon and Ebay are still the two largest marketplaces in the U.S. — albeit in a vastly more crowded landscape. Not only have a slew of new marketplaces launched, but big-name retailers like Walmart, […]
6 min read
0
  1. Channel: Grocery

Kroger Reports Fourth Quarter and Full-Year 2022 Results Announces Growth Expectations for 2023

Company Release – 3/2/2023 Fourth Quarter Highlights Fiscal 2022 Highlights CINCINNATI, March 2, 2023 /PRNewswire/ — The Kroger Co. (NYSE: KR) today reported its fourth quarter and fiscal year 2022 results, provided 2023 guidance and updated investors on how Leading with Fresh and Accelerating with Digital continues to position Kroger for long-term sustainable growth. Comments from Chairman and CEO Rodney […]
9 min read
0
5
  1. Data & Insights

Don’t Let Economic Uncertainty Get You Down: 3 Ways E-Commerce Businesses Can Continue to Thrive

For the last few years, retailers have been bracing for the economy to take another downturn. With talks of a recession looming and layoffs permeating nearly every industry, it’s important for retailers to understand how to protect their businesses and persevere through financial uncertainty. Fortunately, even if inflation continues to rise and spending drops off, consumers will still […]
3 min read
0
  1. Technology & Innovation

Hexa raises $20.5 million in Series A funding for 3D asset visualisation and management platform

Israel-based Hexa, a 3D asset visualisation and management platform specialist whose customers include Amazon, Macy’s, Logitech, and Crate and Barrel, has announced a $20.5 million Series A funding round, bringing total funding to date to $27.2 million.  The funding came from Point72 Ventures, Samurai Incubate, Sarona Partners, and HTC. Founded in 2018, Hexa’s proprietary tech […]
< 1 min read
0

Trending Topics

Editor’s Choice

  1. Channel: Mass
  2. International
  3. Shopper & Customer
  4. 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
  1. Technology & Innovation
  2. Corporate Strategy
  3. Corporate Finance
  4. Partnerships & Alt Profit
  5. Media & Marketing
  6. Agencies & Vendors
  7. Data & Insights
  8. International
  9. Shopper & Customer
  10. 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
  1. Partnerships & Alt Profit
  2. Partnerships & Alt Profit
  3. Shopper & Customer
  4. 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
  1. CPG: Food
  2. Channel: Grocery
  3. Department & Category
  4. Department: Beverage
  5. Department: Food
  6. Corporate Strategy
  7. Shopper & Customer
  8. Technology & Innovation
  9. Trends & External Forces
  10. Merchandising
  11. 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

Trending