Technology & Innovation Waitrose Reacting is not Enough CEO’s Need to Lead with Relevance Focusing on the consumer is a success clue no CEO can overlook. Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® believes that reshuffling the chains in the executive office makes little sense unless the focus shifts away form hot button short term tactics to a customer focused strategy that evolves with consumers […] Grocerant Guru April 12, 2024April 12, 2024 4 min read Technology & InnovationConsumersAITech: CashierlessShoppersData & InsightsDept. FreshLegal & CriminalExecutivesPackagingDept. GroceryDept. PerimeterAmazonMarketing: In StorePredictions and ForecastsBrick and MortarDept. Fresh PreparedMarketing: Social MediaDept. NonfoodStrategyAssociates 0 Saving Bookmark this article Bookmarked
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
Department: Nonfood 3 Social Impact Tools for Retail Leaders In today’s retail landscape, success extends far beyond profit margins and market share. Increasingly, consumers are looking to align their purchasing decisions with their personal values, driving the need for retailers to incorporate social impact initiatives into their business strategies. When I audit companies, they often show me their CSR and sustainability report where I […] TotalRetail April 11, 2024April 11, 2024 2 min read ESG and CSRLegal & CriminalInternationalSustainabilityAssociatesDept. NonfoodOperations & Supply ChainInternational - UKConsumersEconomyPredictions and ForecastsTrends: RetailGoogleAmazon 0 Saving Bookmark this article Bookmarked
Trends & External Forces Promotional Feature Theft prevention advice for retailers from business insurer NFU Mutual Research commissioned by business insurer NFU Mutual has highlighted that theft and violence are costing retailers hundreds of thousands of pounds per year as shopkeepers step up measures to combat rising crime. The research* shows nearly three-quarters of retailers (74%) have suffered from crime over… This story continues at Promotional Feature Theft prevention advice for […] Talking Retail April 11, 2024April 11, 2024 < 1 min read Legal & CriminalTechnology & InnovationPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Stores & Formats Why more tech in stores shouldn’t mean fewer workers Stores can automate more tasks than ever, including pricing, inventory management and checkout. But for theft prevention, customer service and brand engagement, they need humans. RetailDive April 11, 2024April 11, 2024 < 1 min read Brick and MortarTechnology & InnovationAssociatesShoppersOperations & Supply ChainLegal & Criminal 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Coach Sues Gap for Selling T-Shirts With the Word ‘COACH’ Luxury retailer Coach and its parent company are suing Gap Inc., alleging its Old Navy brand sold T-shirts with the word “COACH” printed on them in capital letters. In a lawsuit filed April 3 in the United States District Court for the Central District of California, lawyers for Tapestry, Inc., which includes brands Coach, Kate […] TotalRetail April 10, 2024April 12, 2024 < 1 min read Dept. ApparelConsumersLegal & CriminalResults & InvestmentOperations & Supply ChainMarketing: Brand 0 Saving Bookmark this article Bookmarked
Trends & External Forces Government ‘dithered and delayed’ on retail crime, says Usdaw Retail trade union Usdaw has criticised the government for its “dither and delay” over introducing a separate offence for assaulting a shopworker after prime minister Rishi Sunak today bowed to industry pressure and announced a major crackdown on shop theft and violent assaults against retailers… This story continues at Government ‘dithered and delayed’ on retail […] Talking Retail April 10, 2024April 10, 2024 < 1 min read GovernmentPredictions and ForecastsLegal & CriminalAssociates 0 Saving Bookmark this article Bookmarked
Associates & Employees Retailer calls new assault of shop workers legislation ‘pivotal’ A south London retailer has called the government announcement that assaulting a retail worker is to be made a standalone criminal offence in England and Wales a “pivotal moment.” Store owner Benedict Selvaratnam posted on LinkedIn: “Today marks a pivotal moment for our retail industry and… This story continues at Retailer calls new assault of shop […] Talking Retail April 10, 2024April 10, 2024 < 1 min read AssociatesGovernmentPredictions and ForecastsMarketing: Social MediaLegal & CriminalInternational - UK 0 Saving Bookmark this article Bookmarked
Data & Insights February Sales Signal change is coming What began during the pandemic as a solution for customers navigating the absence of in-store shopping and fitting rooms has evolved into a significant logistical challenge. As we reported on last week, February sales in the furniture, mattress, and footwear industry saw some impressive improvement compared to last year. But these improvements are overshadowed by […] Trakwell.ai (formerly Doorcounts) April 10, 2024April 10, 2024 2 min read Data & InsightsTechnology & InnovationAIConsumersReturnsPredictions and ForecastsTech: AR and VRShoppersCOVID19Dept. NonfoodOperations & Supply ChainMarketing: In StoreExecutivesBrick and MortarTrends: RetailDept. ApparelLegal & CriminalDept. FuelDeliveryMarketing: BroadcastDept. Sporting goodsMars Inc.Walmart 0 Saving Bookmark this article Bookmarked
Data & Insights Home Depot Confirms Data Breach Exposed Employee Info Home Depot has confirmed that it suffered a data breach after one of its Software-as-a-Service (SaaS) vendors mistakenly exposed a small sample of limited employee data, which could potentially be used in targeted phishing attacks, reports Bleeping Computer. Last Thursday, a threat actor known as IntelBroker leaked limited data for approximately 10,000 Home Depot employees […] 0 Author Missing April 9, 2024April 9, 2024 2 min read Data & InsightsLegal & CriminalHome DepotAssociatesHealth & WellnessDept. PerimeterVendorsTechnology & InnovationTargetStrategy 0 Saving Bookmark this article Bookmarked
Associates & Employees Crime impact findings underline need for greater protection for retailers and staff The devastating impact of retail crime on the mental health of shopkeepers and their staff, revealed last week in an exclusive survey by Independent Retail News, underlines the need for more police resources and greater legal protection for shopworkers, say trade bodies and unions. Commenting… This story continues at Crime impact findings underline need for […] Talking Retail April 9, 2024April 9, 2024 < 1 min read AssociatesHealth & WellnessThick DataPredictions and ForecastsLegal & Criminal 0 Saving Bookmark this article Bookmarked
Data & Insights Rising Above: Overcoming Retail Challenges with Creativity Throughout the years, the retail industry has faced numerous threats, ranging from IoT bot attacks to incidents of shoplifting and even promotional strategies that deter customers. To overcome these complex challenges, retailers need to stay alert, flexible, and use creative approaches to manage risks and maintain success in a competitive market. This week we dive […] Trakwell.ai (formerly Doorcounts) April 9, 2024April 9, 2024 2 min read Technology & InnovationAIData & InsightsSustainabilityConsumersGovernmentShoppersDept. ApparelPredictions and ForecastsTech: IoTESG and CSRStore LocationThick DataMars Inc.RecommerceBrick and MortarTrends: FinanceDeliveryDept. NonfoodResults & InvestmentEconomyGoogleLegal & CriminalMarketing: TradePepsiCoBNPLTrends: Retail 0 Saving Bookmark this article Bookmarked
Trends & External Forces Barstool’s Dave Portnoy won $2.7 million betting on UConn in NCAA men’s final DraftKings reported a record NCAA tournament, with sports betting now legal in 38 states plus Washington, D.C. CNBC April 9, 2024April 9, 2024 < 1 min read Legal & Criminal 0 Saving Bookmark this article Bookmarked
Channel: Home Improvement Home Depot confirms breach of employee data The retailer said a vendor error led to the exposure of identifiable information of some employees. RetailDive April 9, 2024April 9, 2024 < 1 min read Legal & CriminalHome DepotData & InsightsAssociates 0 Saving Bookmark this article Bookmarked
Trends & External Forces Don’t forget the victim Editor’s comment Skyrocketing levels of retail crime have been well documented over the past few months, with the ACS Crime Report, for example, recording a five-fold increase in shop theft and a near doubling of violent incidents against retailers and their staff. The annual crime survey from… This story continues at Don’t forget the victim Editor’s comment […] Talking Retail April 8, 2024April 8, 2024 < 1 min read Thick DataPredictions and ForecastsLegal & CriminalAssociates 0 Saving Bookmark this article Bookmarked
Data & Insights The Ad Industry Urgently Needs Consistent Privacy Standards Last week, I had the opportunity to speak at the 2024 IAB Public Policy and Legal Summit in Washington, DC, about the importance of standardization in privacy compliance, discuss the IAB Diligence Platform and hear directly from regulators about what they are looking for. Standardization is an urgent issue for three reasons. Advertising is now […] AdExchanger April 8, 2024April 24, 2024 < 1 min read Data & InsightsLegal & CriminalPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Trends & External Forces Battling shrink and theft across the globe Retailers are trying numerous strategies — from technology to teamwork — to minimize losses. RetailDive April 8, 2024April 8, 2024 < 1 min read Legal & CriminalTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Data & Insights The Future Of Retail: Leveraging Transaction Monitoring In 2024 And Beyond Transaction monitoring is an important process that helps retailers comply with all legal requirements, most importantly, anti-money laundering (AML) regulations. It monitors real time transactions to see if any suspicious behaviors should be reported to the financial authorities. It is essential if you want to protect your brand’s reputation and make sure that your customers […] Retail Minded April 6, 2024April 6, 2024 5 min read Data & InsightsShoppersLegal & CriminalPredictions and ForecastsTech: AR and VRTechnology & InnovationResults & InvestmentGovernmentTrends: RetailMetaverseDept. NonfoodBig DataInternational - UKConsumersOperations & Supply ChainDept. ApparelGoogleInsight ProvidersMarketing: Direct & PersonalizationMarketing: In StoreMarketing: Social MediaInternational - North America 0 Saving Bookmark this article Bookmarked
Stores & Formats 99 Cents Only Stores is going out of business CITY OF COMMERCE, Calif. — The value retailer 99 Cents Only Stores LLC commenced going-out-of-business sales at all of its locations on Friday, as part of a plan to wind down its operations and close all its stores. The liquidation sale will include all 371 of the retailer’s stores, which are located in Arizona, California, […] MMR April 5, 2024April 5, 2024 < 1 min read Brick and MortarCOVID19ExecutivesSustainabilityResults & InvestmentPartnershipsOperations & Supply ChainLegal & CriminalConsumersBankruptcyAssociates 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart Settlement: Up to $500 for Overcharged Shoppers Walmart has found itself embroiled in a significant legal settlement amounting to a whopping $45 million, addressing allegations of overcharging on specific grocery items. RetailWire April 5, 2024April 5, 2024 < 1 min read WalmartShoppersLegal & Criminal 0 Saving Bookmark this article Bookmarked
Trends & External Forces Aisles Abroad: Battling shrink and theft across the globe Retailers are trying numerous strategies — from technology to teamwork — to minimize losses. Grocery Dive April 4, 2024April 4, 2024 < 1 min read Legal & CriminalTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Technology & Innovation How marketers can navigate the legal pitfalls of generative AI Panelists at the IAB Public Policy and Legal Summit outlined some of the issues marketers must contend with while using the technology. MarketingDive April 3, 2024April 3, 2024 < 1 min read Legal & CriminalTechnology & InnovationAI 0 Saving Bookmark this article Bookmarked
Data & Insights Mastercard to raise credit and debit card fees WASHINGTON – Almost immediately after agreeing to reduce “swipe” fees charged to merchants to process credit card transactions, Mastercard plans to increase fees for both credit and debit card transactions by more than $250 million this month, the Merchants Payments Coalition said Wednesday. “This new increase proves the credit card companies are continuing to take […] MMR April 3, 2024April 3, 2024 3 min read Data & InsightsCompetitionConsumersGovernmentExecutivesAssociatesMergersConsultingBrick and MortarCOVID19EconomyLegal & CriminalMarketing: In Store 0 Saving Bookmark this article Bookmarked
Shopper & Customer Shopify Gets SaaSy With Small Business Small to midsized businesses (SMBs) have been caught between a rock and a hard place by their SaaS platforms. Everyone knows interest rates have been rising and inflation has also lifted prices. However, the seemingly endless and automatic “price changes” announced by billion-dollar software companies like Shopify are endangering the very existence of SMBs. Shopify […] 0 Author Missing April 3, 2024April 3, 2024 2 min read ShoppersShopifyTechnology & InnovationEconomyReturnsOperations & Supply ChainConsumersMarketing: Social MediaResults & InvestmentPricing & PromotionsLegal & CriminalMarketing: TradeMarketing: Loyalty & SubscriptionExecutivesDeliveryData & InsightsAssociates 0 Saving Bookmark this article Bookmarked
Shopper & Customer Key Considerations For Your Retail Store For 2024 For indie retailers, following changes in the world of retail is important. Luckily, they are usually curious, determined, and dedicated. Plus, the numbers are on their side: global retail online sales reached 5.8 trillion US dollars last year, and experts say it will grow by 39% over the coming years. In 2024, two critical factors […] Retail Minded April 3, 2024April 3, 2024 3 min read ConsumersData & InsightsOperations & Supply ChainPredictions and ForecastsShoppersAssociatesTechnology & InnovationLegal & CriminalStrategyDept. NonfoodOmnichannelGovernmentVendors 0 Saving Bookmark this article Bookmarked
Trends & External Forces Microsoft To Separate Teams From Office Package Globally After EU Antitrust Concerns Microsoft announced its decision to offer Teams, its chat and video application, as a separate product globally, independent of its Office suite. RetailWire April 2, 2024April 2, 2024 < 1 min read Dept. NonfoodGovernmentLegal & Criminal 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
Department & Category 3 AI fails: What grocers can avoid From fake food images to facial recognition fiascos, some companies have learned the downsides of AI the hard way. Grocery Dive April 1, 2024April 1, 2024 < 1 min read Technology & InnovationAIDept. GroceryLegal & Criminal 0 Saving Bookmark this article Bookmarked
Data & Insights Squeezing Time. The Persistence of Memory by Salvador Dali. This post was inspired by a conversation with and informed by content provided by Chris Outram, EVP, Head of Blockchain for Publicis Groupe Media ,who provides ongoing coaching and homework to keep me updated on Web 3 which Publicis defines as a constellation of AI, Blockchain, and XR […] Rishad Tobaccowala March 31, 2024March 31, 2024 5 min read Data & InsightsTechnology & InnovationAIResults & InvestmentConsumersReturnsAgenciesDept. PetLegal & CriminalblockchainData VisualizationDept. NonfoodGeneral BusinessPredictions and ForecastsGovernmentAssociatesTech: AR and VRCOVID19PodcastsESG and CSRMeta (Facebook)Marketing: Social MediaExecutives 0 Saving Bookmark this article Bookmarked
Technology & Innovation Crypto King Sam Bankman-Fried Sentenced to 25 Years for Fraud The founder of FTX trading will spend over two decades in prison for his crimes. RetailWire March 31, 2024March 31, 2024 < 1 min read CryptoLegal & Criminal 0 Saving Bookmark this article Bookmarked
Retailer Media Channel: Mass Corporate Strategy Partnerships & Alt Profit Media & Marketing Retailer Media Agencies & Vendors Data & Insights Shopper & Customer Trends & External Forces Kroger Delivers its First-Party Data to the Yahoo DSP Yahoo Advertising and Kroger Precision Marketing (KPM) — the retail media business of Kroger, powered by 84.51° — are teaming up to bring Kroger’s first-party, purchase-based audiences to the Yahoo Demand-Side Platform (DSP). Yahoo DSP advertisers can now activate KPM’s audiences to reach targeted consumers with their advertising and measure campaign results. While off-site advertising […] Written by Retail TouchPoints May 2, 2024May 2, 2024 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Technology & Innovation Amazon services outpace retail growth in Q1 The e-commerce giant’s third-party services, advertising, subscriptions and cloud unit generated double-digit revenue increases in the period. Written by RetailDive May 1, 2024May 2, 2024 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Channel: Grocery - Natural Department: Nonfood Corporate Finance Media & Marketing Retailer Media Data & Insights International Technology & Innovation Stores & Formats Amazon tops expectations for revenue, earnings SEATTLE – Amazon posted better-than-expected revenue and earnings in the quarter ended March 31. Net sales increased 13% from a year earlier to $143.3 billion. The company reported first-quarter net income of $10.4 billion, or 98 cents a diluted share, compared to $3.2 billion a year earlier. Amazon’s operating income surged to $15.3 billion, up […] Written by MMR May 1, 2024May 2, 2024 Saving Bookmark this article Bookmarked
Channel: Grocery Acquisitions, Divestitures & Mergers 5 things top news: Kroger tries to strengthen merger deal The most impactful news in the grocery industry for the week ending April 26 Written by Supermarket News April 30, 2024April 30, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces Department & Category Department: Food Department: HBC Corporate Strategy ESG Technology & Innovation Trends & External Forces Associates & Employees Stores & Formats Walmart to close all 51 health centers BENTONVILLE, Ark. — Walmart today said it has made the “difficult decision” to close its Walmart Health and Walmart Virtual Care clinics, citing a lack of profitability. “The decision to close all 51 health centers across five states and shut down the virtual care offering was not easy. We understand this change affects lives – […] Written by MMR April 30, 2024May 1, 2024 Saving Bookmark this article Bookmarked