Channel: Grocery Kroger, Albertsons Fire Back At FTC Kroger and Albertsons have argued in separate legal filings that the federal Trade Commission (FTC) is misguided and flat-out wrong in opposing their $24.6 billion merger. Both retailers contend that the FTC, in suggesting that the deal would give the combined companies an unfair competitive advantage, ignores the fact that they would also be competing […] MorningNewsBeat March 18, 2024March 18, 2024 2 min read KrogerGovernmentRegional GroceryAlbertsons / SafewayAssociatesMarketing: In StoreMergersLegal & CriminalCompetitionTargetAmazonDivestituresCostcoBrick and MortarPredictions and ForecastsWalmart 0 Saving Bookmark this article Bookmarked
Trends & External Forces CRN challenges constitutionality of New York law WASHINGTON — The Council for Responsible Nutrition (CRN), the leading trade association for the dietary supplement and functional food industry, has filed a lawsuit challenging the constitutionality of a recently enacted New York state law that would impose age-based restrictions on the purchase of certain dietary supplements. Passed by the New York legislature and signed […] MMR March 18, 2024March 18, 2024 3 min read ConsumersLegal & CriminalExecutivesHealth & WellnessSustainabilityStrategyPredictions and ForecastsGovernmentDept. NonfoodDept. HBCDept. GroceryBrick and Mortar 0 Saving Bookmark this article Bookmarked
Data & Insights Keys to Success: The 3 Dualities. Successful leaders, teams and companies that endure over the long run seek to find ways to balance, unite and integrate opposing dualities into a harmonic and flexible approach that leverage opposing tendencies without merging or averaging them. Here are three key dualities we should all become masters of managing whether it be personally or for […] Rishad Tobaccowala March 17, 2024March 17, 2024 6 min read Technology & InnovationData & InsightsAILegal & CriminalStreamingResults & InvestmentGeneral BusinessMarketing: Social MediaPredictions and ForecastsMarketing: Digital MediaDept. Toys & GamesDept. NonfoodWeather 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Amazon Ad Program Issues Come To Light The Seattle Times reports that “Amazon has pledged to make fixes to its advertising operation after mistakenly charging online merchants to promote products shoppers couldn’t purchase. “The problem came to light when a seller of advanced gaming computers discovered he was being charged thousands of dollars to advertise merchandise in California even though he had […] MorningNewsBeat March 15, 2024March 15, 2024 2 min read AmazonShoppersCustomer ExperienceTargetLegal & CriminalGovernmentGamingStore LocationPredictions and ForecastsMeta (Facebook)Google 0 Saving Bookmark this article Bookmarked
Trends & External Forces Protecting Your Ideas and Designs as a Product Startup As a product startup, one of your most valuable assets is your intellectual property. This includes any original ideas, designs, or branding elements that set your products apart from others in the market. Without proper protection, these assets are vulnerable to being copied or used by competitors without your permission. In this blog post, we […] Retail Bound March 14, 2024March 14, 2024 3 min read GovernmentPackagingMarketing: BrandStrategyMarketing: In StoreLegal & Criminal 0 Saving Bookmark this article Bookmarked
Media & Marketing Potential US TikTok ban means brands must recognise the importance of diversifying their digital presence The US House of Representatives this week passed a bill that could see TikTok banned in America. It would give the social media giant’s Chinese parent company, ByteDance, six months to sell its controlling stake or the app would be blocked in the US. The bill passed overwhelmingly in a bipartisan vote, and now needs […] Retail Technology Innovation Hub March 14, 2024March 14, 2024 2 min read Marketing: Social MediaTikTokTechnology & InnovationPredictions and ForecastsTwitterESG and CSRStrategyEconomyIndustry Conferences and EventsData & InsightsExecutivesHealth & WellnessConsumersLegal & CriminalBrick and Mortar 0 Saving Bookmark this article Bookmarked
Trends & External Forces How to Ensure Your E-Commerce Site is Compliant With Emerging Privacy Laws Navigating the data privacy landscape these days can be daunting, particularly with the continual emergence of new state and federal regulations. We now have 13 state laws signed, and many others to come online in the next year, not to mention sector-specific laws. These have led to hundreds of lawsuits and enforcement actions. Given that […] Ian Cohen March 13, 2024March 13, 2024 3 min read GovernmentData & InsightsHealth & WellnessConsumersLegal & CriminalStore LocationShoppersCompetitionPredictions and ForecastsVendorsDept. NonfoodExecutivesMarketing: Loyalty & SubscriptionMarketing: PrintOperations & Supply ChainTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Beyond Acquires Zulily, Plans to Revive Brand in Q2 Beyond, Inc. — parent company of Bed Bath & Beyond and Overstock.com — has acquired the intellectual property of defunct flash-sale retailer Zulily, following that platform’s abrupt wind-down of its business in late 2023. Newly appointed Beyond, Inc. Executive Chairman Marcus Lemonis said the acquisition is aimed at strengthening Beyond’s position in the off-price market. Beyond paid $4.5 million in […] Retail TouchPoints March 10, 2024March 10, 2024 3 min read AcquisitionExecutivesShoppersOperations & Supply ChainPredictions and ForecastsBed Bath & BeyondAmazonBankruptcyMarketing: Social MediaResults & InvestmentLegal & CriminalDept. ApparelInsight ProvidersBig DataData & InsightsDept. NonfoodDivestituresESG and CSRMarketing: BrandShopifyStrategySustainabilityTechnology & InnovationVendors 0 Saving Bookmark this article Bookmarked
Trends & External Forces 2024 Brought New PCI Requirements. Hackers Can Help You Keep Up As the average cost of a breach hits $4.45 million, regulatory authorities are driving more industrywide requirements to address growing threats. The critical role payment and financial services play in the global economy means companies in this industry will be some of the first mandated to comply. That’s why it’s no surprise that the Payment […] Retail TouchPoints March 9, 2024March 9, 2024 3 min read Predictions and ForecastsResults & InvestmentLegal & CriminalData & InsightsMarketing: Social MediaEconomyExecutivesMarketing: In StoreVendorsOperations & Supply ChainPartnershipsTechnology & InnovationAssociatesAgencies 0 Saving Bookmark this article Bookmarked
Channel: Grocery Class action lawsuit against Hy-Vee is dismissed Participants in retailer’s retirement plan had alleged they were overcharged Supermarket News March 8, 2024March 8, 2024 < 1 min read Hy-VeeRegional GroceryLegal & Criminal 0 Saving Bookmark this article Bookmarked
Department: HBC Thrive Causemetics Founder Reveals What it Takes for a Cause-Based Brand to Stay on Mission Karissa Bodnar, Founder and CEO of clean beauty brand and DTC success story Thrive Causemetics, grew up in a small town in rural Washington state. She lived off a dirt road where neighbors were few and far between, there was no cable and the internet was sporadic. Not exactly the kind of place one imagines […] Retail TouchPoints March 8, 2024March 8, 2024 8 min read Dept. HBCPhilanthropyPartnershipsPredictions and ForecastsShoppersAssociatesConsumersStrategyHealth & WellnessAmazonMarketing: Social MediaExecutivesBrick and MortarCOVID19Data & InsightsDept. FreshInternational - North AmericaMarketing: BrandMarketing: In StoreEconomyLegal & Criminal 0 Saving Bookmark this article Bookmarked
Technology & Innovation AI is more creative than humans? Not so fast. By Doug Stephens A recent study at the University of Arkansas pitted 151 human test subjects against Chat GPT-4 in a series of tests for creativity. Their findings concluded that, on average, GPT-4 produced more creative and useful responses across 4 commonly accepted testing protocols, when compared to responses from human participants. I found this […] Retail Prophet March 8, 2024March 8, 2024 3 min read Technology & InnovationAIChatGPTPredictions and ForecastsAssociatesInternationalGeneral MillsOperations & Supply ChainLegal & CriminalTech: RoboticsTrends: Retail 0 Saving Bookmark this article Bookmarked
Trends & External Forces Merchants oppose delay of Fed action on swipe fees WASHINGTON – More than 60 national and state organizations representing consumers and merchants have called on Congress to reject legislation introduced by Rep. Blaine Luetkemeyer, R-Mo., that would delay the Federal Reserve’s proposal to reduce the regulated rate for debit card swipe fees. “Every day of further delay in the Fed’s consideration of its proposed […] MMR March 7, 2024March 7, 2024 3 min read GovernmentConsumersLegal & CriminalResults & InvestmentData & InsightsAssociates 0 Saving Bookmark this article Bookmarked
Trends & External Forces NACDS urges action in wake of cyberattack ARLINGTON, Va. – The National Association of Chain Drug Stores (NACDS) has submitted a letter to the U.S. Department of Health and Human Services (HHS) and the Centers for Medicare and Medicaid Services (CMS) urging immediate action to “mitigate healthcare disruptions stemming from the recent cyberattack on Change Healthcare.” NACDS said, “Pharmacies remain fully committed […] MMR March 7, 2024March 7, 2024 2 min read Health & WellnessPartnershipsLegal & CriminalDept. PharmacyGovernmentPredictions and ForecastsDept. NonfoodBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Grocery Federal Trade Commission files lawsuit to stop Kroger, Albertsons merger The US Federal Trade Commission is suing to block the Kroger Co.’s proposed $24.6 billion acquisition of the Albertsons Cos. Inc., alleging it is anti-competitive. Supermarket Perimeter March 7, 2024March 7, 2024 < 1 min read Regional GroceryKrogerGovernmentAlbertsons / SafewayMergersLegal & CriminalAcquisition 0 Saving Bookmark this article Bookmarked
Data & Insights AI for Retail Lending: What Does the Future Hold? Artificial intelligence is fundamentally changing how retailers and merchants attend to customers and even how they manage inventory, all via technology such as chatbots and facial recognition. And now, AI can potentially transform lending in the sector, too. Banks, lenders and merchants with white-labeled lending offerings could eventually use AI to address credit risk assessment, […] Yaacov Martin March 6, 2024March 6, 2024 2 min read AITechnology & InnovationData & InsightsShoppersPredictions and ForecastsConsumersGovernmentMarketing: VoiceCustomer ExperienceExecutivesTrends: FinanceResults & InvestmentInsight ProvidersLegal & CriminalMarketing: Social MediaOperations & Supply ChainSustainability 0 Saving Bookmark this article Bookmarked
Data & Insights How Celebrus Enables ‘The Lifeblood of a Business’: Accurate Digital Reporting In episode 40 of Total Retail Tech Insights, Editor-in-Chief Joe Keenan interviews Maigari Jinkiri, vice president of business development at Celebrus, a customer data and fraud prevention solution. Listen in as Jinkiri provides an overview of the business and how it works with retailers (0:45), his professional background that led him to recently join Celebrus […] Joe Keenan March 6, 2024March 6, 2024 < 1 min read Data & InsightsIndustry Conferences and EventsShoppersPredictions and ForecastsCustomer ExperienceTechnology & InnovationStrategyMarketing: Social MediaMarketing: Direct & PersonalizationLegal & Criminal 0 Saving Bookmark this article Bookmarked
Trends & External Forces American Express Alert: Potential Data Breach American Express Co. has recently notified a select group of its cardholders regarding a possible breach of their account details. This breach took place at a merchant processor, although the precise number of affected customers has not been disclosed. RetailWire March 6, 2024March 6, 2024 < 1 min read Legal & CriminalData & Insights 0 Saving Bookmark this article Bookmarked
Technology & Innovation Loss Prevention Trends shaping retail in 2024 Loss prevention in the retail sector is undergoing a transformative phase in 2024, necessitated by the imperative to protect profits amid a multitude of challenges. From the surge in shoplifting to broader concerns like shrinkage, retailers are confronted with multifaceted issues demanding innovative solutions. This report delves into key trends in loss prevention, shedding light […] The Retail Bulletin March 6, 2024March 6, 2024 6 min read Technology & InnovationAILegal & CriminalInternational - UKPredictions and ForecastsAssociatesPartnershipsHealth & WellnessShoppersAcquisitionDept. GroceryAgenciesSustainabilityData & InsightsTrends: RetailStore FormatTescoMarketing: In StoreStore LocationTech: CashierlessWalmartBrick and MortarDept. BeverageAmazonOperations & Supply ChainDept. NonfoodExecutivesPhilanthropyMarketing: Social Media 0 Saving Bookmark this article Bookmarked
Trends & External Forces OpenAI says Musk only ever contributed $45 million, wanted to merge with Tesla or take control OpenAI, the most valuable AI startup, said Wednesday it intends to dismiss all claims made by Elon Musk in a recent lawsuit and suggested that the billionaire entrepreneur, who was involved in the company’s co-founding, didn’t really have that much impact on its development and success. In a blog post authored by the entire OpenAI […] TechCrunch March 5, 2024March 6, 2024 < 1 min read AITechnology & InnovationChatGPTMergersMarketing: Social MediaPredictions and ForecastsLegal & Criminal 0 Saving Bookmark this article Bookmarked
Retailer Media Step Into the Future of Retail Media: Key Tenets to Scaling a Creative Workflow Want to build your own retail media empire? Or at least figure out a way to manage your advertisers seamlessly to keep your stress low and your ability to scale high? Retail media is growing fast. To make the most of that momentum, your advertisers have specific, evolving expectations about what working with you will […] Tony Santo March 5, 2024March 5, 2024 3 min read Marketing: Retail MediaTechnology & InnovationShoppersData & InsightsPredictions and ForecastsTrends: RetailCompetitionCustomer ExperienceConsumersLegal & CriminalOperations & Supply ChainTargetSustainabilityDept. NonfoodGoogleMarketing: Loyalty & SubscriptionMeta (Facebook)Pricing & PromotionsResults & Investment 0 Saving Bookmark this article Bookmarked
Data & Insights What Is A Data Broker? The next wave of privacy regulation revolves around data brokers. And while the term “data broker” may have a negative connotation, its legal definition is fairly straightforward. The post What Is A Data Broker? appeared first on AdExchanger. AdExchanger March 5, 2024March 6, 2024 < 1 min read Data & InsightsVendorsGovernmentLegal & Criminal 0 Saving Bookmark this article Bookmarked
Trends & External Forces Regulators Put $8 Cap On Credit Card Late Fees The Washington Post reports that the federal Consumer Financial Protection Bureau (CFPB) announced that “it would sharply limit the fees that credit card companies can charge customers who fall behind on their bills, aiming to cap the penalties at $8 in a move that is expected to draw fierce resistance from financial giants … Under […] MorningNewsBeat March 5, 2024March 5, 2024 2 min read Results & InvestmentGovernmentLegal & CriminalEconomyShoppersConsumersPredictions and ForecastsCompetitionDept. FreshData & Insights 0 Saving Bookmark this article Bookmarked
Trends & External Forces EU Hits Apple With $2 Billion Antitrust Fine In a landmark decision, Apple faced a hefty fine of 1.84 billion euros, marking its first violation of EU competition regulations. The penalty stems from allegations of hindering competition in the music streaming market through App Store restrictions. RetailWire March 5, 2024March 5, 2024 < 1 min read CompetitionLegal & CriminalGovernmentStreamingMarketing: Digital Media 0 Saving Bookmark this article Bookmarked
Channel: Grocery Petition to shut down Wegmans’ fish market gets 4,000 signatures The retailer was hit with a lawsuit last week contending the market is a knockoff Supermarket News March 5, 2024March 5, 2024 < 1 min read WegmansRegional GroceryLegal & Criminal 0 Saving Bookmark this article Bookmarked
Trends & External Forces Chain Drug Stores To Begin Dispensing Mifepristone CVS and Walgreen said last Friday that they have received certification from the US Food and Drug Administration (FDA) to being dispensing the abortion pill mifepristone later this month. The drug chains say that they will begin making it available in stores in just a handful states. Neither CVS nor Walgreen will make mifepristone available […] MorningNewsBeat March 4, 2024March 4, 2024 2 min read Brick and MortarLegal & CriminalGovernmentCVSWalgreensPredictions and ForecastsOperations & Supply ChainDept. PharmacyDept. GroceryAssociates 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Macy’s Confirms Receipt of Revised Acquisition Proposal Macy’s confirmed on Sunday that it received a revised proposal from two of its major investors, Arkhouse Management Co. and Brigade Capital Management, to acquire each of the remaining shares in Macy’s they don’t already own for $24 per share — up from an earlier offer of $21 per share — for a deal value […] Melissa Campanelli March 4, 2024March 4, 2024 < 1 min read AcquisitionResults & InvestmentData & InsightsCompetitionAssociatesBrick and MortarEconomyPackagingPredictions and ForecastsLegal & CriminalShoppers 0 Saving Bookmark this article Bookmarked
Data & Insights Adapting to Change: How to Get a Grip on Retail Crime With the rise in retail crime consistently making the headlines, many retailers are finding themselves struggling to keep both their staff and their stores secure. Retailers continue to have challenges when it comes to security and loss prevention, and are looking for ways to increase profits, reduce theft, and make efficiencies. The British Retail Consortium […] John Hayes-Warren March 4, 2024March 4, 2024 3 min read Technology & InnovationAILegal & CriminalOperations & Supply ChainData & InsightsInternational - UKShoppersAssociatesBrick and MortarDept. NonfoodMarketing: BroadcastSustainabilityExecutives 0 Saving Bookmark this article Bookmarked
Channel: Grocery SN Top 10: Kroger, Albertsons, Grocery Outlet top the week’s headlines In this week’s recap of the Top 10 most popular Supermarket News articles, the top story was The FTC-Kroger, Albertsons fight could be long and complicated. The lawsuit filed by the Federal Trade Commission (FTC) against the $24.6 billion K Supermarket News March 4, 2024March 4, 2024 < 1 min read Regional GroceryKrogerAlbertsons / SafewayGrocery OutletGovernmentLegal & Criminal 0 Saving Bookmark this article Bookmarked
Trends & External Forces Shop theft increases fivefold in a year, finds ACS crime report The UK’s local shops recorded 5.6 million shop thefts last year, smashing the previous record of 1.1 million incidents recorded in 2023. The Association of Convenience Stores (ACS) 2024 Crime Report, released today (4 March), outlines the scale of the retail crime crisis across the… This story continues at Shop theft increases fivefold in a […] Talking Retail March 4, 2024March 4, 2024 < 1 min read Legal & CriminalPredictions and ForecastsInternational - UKBrick and Mortar 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