Channel: Drug Rite Aid could close hundreds of stores in possible bankruptcy: WSJ [[“value”:” The drugstore retailer is in negotiations with creditors over a plan that could see nearly a quarter of its stores shutter, The Wall Street Journal reported. Published Sept. 25, 2023 A Rite Aid storefront. As part of a possible bankruptcy filing, the pharmacy retailer is considering liquidating hundreds of stores. Permission granted by Rite […] RetailDive September 26, 2023September 26, 2023 < 1 min read Rite AidBrick and MortarBankruptcyMarketing: Social MediaDept. PharmacyEconomy 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Worth Reading: “The Worst Retail Job in America” Bloomberg Businessweek has a cover story about Dollar General, which it describes as “America’s most ubiquitous retailer,” with more than 19,000 US locations, “more than Walmart Inc. and Wendy’s Co. combined. Its main competitor, Dollar Tree Inc., has thousands fewer, even after acquiring rival Family Dollar some years back. Dollar General’s stores seem to be […] MorningNewsBeat September 25, 2023September 25, 2023 2 min read AssociatesDollar GeneralGovernmentBrick and MortarDollar TreeWalmartSustainabilityEconomyFamily DollarRestaurantsDept. DairyData & InsightsThick Data 0 Saving Bookmark this article Bookmarked
Data & Insights EXCLUSIVE: The 340B Program Reached $54 Billion in 2022—Up 22% vs. 2021 Drug Channels has just obtained new details on the size of the 340B Drug Pricing Program. I couldn’t wait to share the news, hence this special Sunday post. For 2022, discounted purchases under the 340B program reached a record $53.7 billion—an astonishing $9.8 billion (+22.3%) higher than its 2021 counterpart. The difference between list prices […] Drug Channels September 24, 2023September 24, 2023 2 min read Data & InsightsMarketing: Social MediaHealth & WellnessConsultingMeta (Facebook)EconomyDept. PharmacyDept. HBC 0 Saving Bookmark this article Bookmarked
Channel: Grocery Analysis: Kroger-Albertsons Deal Still In Regulatory Trouble The financial analysis service Seeking Alpha is out with an assessment of the prospects that the Federal Trade Commission (FTC) will approve Kroger’s proposed $24.6 billion acquisition of Albertsons. In short, Seeking Alpha is dubious, at least in part because of ongoing comparisons of the proposed divestiture of more than 400 stores to C&S Wholesale […] MorningNewsBeat September 22, 2023September 22, 2023 3 min read Albertsons / SafewayRegional GroceryBrick and MortarKrogerMergersGovernmentAssociatesAcquisitionDivestituresBankruptcyEconomyDept. GroceryC&S Wholesale GrocersResults & Investment 0 Saving Bookmark this article Bookmarked
Trends & External Forces Your Views: Wisdom From Frankie Five Angels Earlier this week I did a FaceTime in which I expressed a certain amazement with stories about how many men spent a lot of time on a regular basis thinking about the ancient Roman empire. I mentioned that I’m not one of those men – I maybe think about it when watching “Gladiator” and “A […] MorningNewsBeat September 22, 2023September 22, 2023 6 min read Health & WellnessAmazonDept. GroceryDept. BeverageGovernmentDeliveryShoppersConsumersMarketing: Loyalty & SubscriptionRestaurantsCOVID19Operations & Supply ChainPodcastsInternational - UKKraftHeinzKrogerExecutivesPartnershipsStrategyEconomyMarketing: BroadcastDept. Adult BevBrick and MortarAssociatesSustainabilityLegal & CriminalTechnology & Innovation 0 Saving Bookmark this article Bookmarked
CPG: Adult Beverage Our takes on new Wall Street research analyzing 4 Club consumer stocks The companies under the microscope are Costco, P&G, beer maker Constellation Brands, and off-price retailer TJX. CNBC September 22, 2023September 22, 2023 < 1 min read Technology & InnovationEconomyConsumersDept. BeverageDept. Adult BevCPG: Adult BeverageCostco 0 Saving Bookmark this article Bookmarked
Channel: Club Our takes on new Wall Street research analyzing 4 Club consumer stocks The companies under the microscope are Costco, P&G, beer maker Constellation Brands, and off-price retailer TJX. CNBC September 22, 2023September 22, 2023 < 1 min read Technology & InnovationEconomyConsumersDept. BeverageDept. Adult BevCPG: Adult BeverageCostco 0 Saving Bookmark this article Bookmarked
Shopper & Customer Operation Omnichannel: A Seamless and Cohesive Shopping Experience With the popularity of online shopping, it’s critical for retail brands to have a strong online presence and make their products easily accessible. However, many consumers still prefer an in-store shopping experience. A dual approach capturing all retail channels allows brands to reach the widest possible audience of consumers. For retail brands, the concept of […] Marly Sohr September 22, 2023September 22, 2023 3 min read ConsumersOmnichannelMarketing: In StoreMarketing: Direct & PersonalizationShoppersStrategyMarketing: Loyalty & SubscriptionData & InsightsMarketing: BroadcastConsultingTechnology & InnovationBOPISMarketing: TradePredictions and ForecastsPricing & PromotionsEconomyAI 0 Saving Bookmark this article Bookmarked
Channel: Delivery Instacart stock languishes after IPO Instacart saw its share price erode in the two days following its initial public offering, after it rose 12.7% in its first day of trading on the NASDAQ exchange. The stock settled down to just slightly over its IPO price of $30 per share on Wednesday, its first full day on the exchange, then ranged […] Supermarket News September 22, 2023September 25, 2023 2 min read InstacartDeliveryResults & InvestmentStart UpsWhole FoodsRegional GroceryKrogerAlbertsons / SafewayPartnershipsTechnology & InnovationConsumersAmazonDept. FreshCompetitionEconomyAcquisitionOcadoAssociatesBrick and MortarFreshDirectOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Corporate Strategy Zulily Partners With Celebrity Chef Curtis Stone to Take the Stress Out of School Lunch Planning Last month, online retailer Zulily and Michelin-starred celebrity chef — and dad of two — Curtis Stone (“Iron Chef,” “Top Chef Masters,” “Top Chef Jr.”) teamed up to take the stress out of back-to-school lunchbox planning. The back-to-school season puts a lot of pressure on parents’ wallets, especially at the grocery store, where food prices are increasing. Furthermore, time is […] Joe Keenan September 21, 2023September 21, 2023 < 1 min read StrategyPartnershipsHoliday & EventsEconomyDept. Grocery 0 Saving Bookmark this article Bookmarked
Trends & External Forces Conversation with Raj Chetty — Driving Upward Economic Mobility Raj Chetty, the William A. Ackman Professor of Economics at Harvard University and the Director of Opportunity Insights, joins Scott to discuss research around higher education, specifically how elite universities shape who succeeds in the US. We also hear about broader trends regarding upward economic mobility and the role a child’s environment plays in creating […] The Prof G Show September 21, 2023September 21, 2023 < 1 min read EconomyData & InsightsTwitterTechnology & InnovationSustainabilityMarketing: Social Media 0 Saving Bookmark this article Bookmarked
Holiday & Events The big chill: Holiday retail sales 2023 expected to slow Experts predict slow growth in 2023 holiday sales as consumers tighten their belts in a tough economy, but e-commerce will remain a bright spot. Stores are filling with displays of holiday decorations and holiday-themed merchandise as retailers eagerly prepare for the annual shopping surge, but consumers may not be as excited. Forecasts for 2023 holiday […] Future of Commerce September 21, 2023September 21, 2023 < 1 min read Holiday & EventsEconomyConsumers 0 Saving Bookmark this article Bookmarked
Data & Insights How AI-Powered and Data-Driven Retailers Can Prosper in Tough Economic Conditions Rising inflation and changing marketplace trends are among the key concerns of retailers around the U.S., as shoppers not only display unprecedented behaviors but also watch every dollar they spend. This makes it even more difficult for businesses in this space to create compelling marketing campaigns that drive conversions and increase loyalty Shopper Behavior in […] Miika Makitalo September 21, 2023September 21, 2023 3 min read Technology & InnovationAIShoppersCustomer ExperienceData & InsightsEconomyConsumersHoliday & EventsMarketing: Loyalty & SubscriptionCompetitionAssociatesExecutivesMarketing: In StorePredictions and ForecastsResults & InvestmentStrategyDept. Nonfood 0 Saving Bookmark this article Bookmarked
Channel: Delivery Instacart Shares Up 12 Percent In First Day of Trading • From the Wall Street Journal: “Instacart’s shares jumped in their trading debut, another promising sign for a reawakening IPO market. “Shares of the grocery-delivery company finished their first day of trading at $33.70 on Tuesday on the Nasdaq exchange under the ticker CART, up 12% from the IPO price of $30 a share. “Instacart’s […] MorningNewsBeat September 20, 2023September 20, 2023 2 min read InstacartDeliveryResults & InvestmentAssociatesStart UpsTechnology & InnovationExecutivesPepsiCoSustainabilityAcquisitionUnileverEconomyWeatherCOVID19Food DeliveryDoorDashBrick and MortarMeta (Facebook) 0 Saving Bookmark this article Bookmarked
Shopper & Customer Study: Uptick In Online Grocery Shopping, Plus High Satisfaction Levels Acosta Group is out with its annual online grocery shopping study, concluding that there has been “a slight uptick in online grocery shopping over last year, with 55% of grocery shoppers buying groceries online at least some of the time. This upward trend is driven by more consumers who are shopping online regularly but still […] MorningNewsBeat September 20, 2023September 20, 2023 2 min read ConsumersShoppersDeliveryMarketing: In StoreVendorsBOPISOmnichannelPredictions and ForecastsIndustry Conferences and EventsInstacartDept. FreshCOVID19UnileverUbereatsPricing & PromotionsMarketing: TradeMarketing: Loyalty & SubscriptionDoorDashDept. RefrigeratedFood DeliveryEconomyExecutivesData & InsightsDept. PerimeterWalmartDept. DairyBig Data 0 Saving Bookmark this article Bookmarked
Shopper & Customer Restaurant Meals and Meal Components Drive Grocerant Growth Ready-2-Eat and Heat-N-Eat fresh prepared food continues to drive top-line sales and bottom-line according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. Restaurants from fast food outlets to fine dining establishments are currying favor with consumers seeking an answer to the age–old question; What’s for Dinner. They are doing that by […] Grocerant Guru September 20, 2023September 20, 2023 3 min read ConsumersRestaurantsDept. GroceryGoogleData & InsightsTechnology & InnovationMarketing: Social MediaDeliveryAssociatesDept. Adult BevTwitterMeta (Facebook)Dept. FreshCompetitionAIExecutivesEconomyESG and CSROperations & Supply ChainDept. Nonfood 0 Saving Bookmark this article Bookmarked
CPG: Food General Mills Reports Fiscal 2024 First-quarter Results MINNEAPOLIS–(BUSINESS WIRE)–General Mills, Inc. (NYSE: GIS) today reported results for the first quarter ended August 27, 2023. “We delivered growth on the top and bottom lines in the first quarter amid an evolving external environment characterized by moderating inflation, stabilizing supply chains, and a resilient but increasingly cautious consumer,” said General Mills Chairman and Chief […] BusinessWire - Conference Calls September 20, 2023September 21, 2023 < 1 min read General MillsPredictions and ForecastsExecutivesSustainabilityEconomyConsumers 0 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit How Affiliate Marketing Can Transform Your E-Commerce Business on a Tight Budget How can you grow your e-commerce business without spending more money? Rising inflation, slower economic growth and slashed budgets mean there’s less cash available to invest in marketing activities, but a greater need to gain new customers and increase sales. A brand’s various marketing efforts tend to focus on one part of the consumer purchase […] Paul Stewart September 20, 2023September 20, 2023 2 min read PartnershipsTechnology & InnovationShoppersPricing & PromotionsResults & InvestmentEconomyPredictions and ForecastsStore LocationSustainabilityMarketing: Loyalty & SubscriptionMarketing: In StoreConsumers 0 Saving Bookmark this article Bookmarked
Corporate Finance Soft Surroundings Files for Bankruptcy, Partially Acquired by Coldwater Creek Women’s apparel retailer Soft Surroundings last week filed for Chapter 11 bankruptcy and announced plans to close all 44 of its stores. The company’s remaining assets have been acquired by Coldwater Creek under the ownership of Newtimes Group, which plans to continue to sell Soft Surroundings’ apparel and accessories online and via catalogs. Soft Surroundings has secured $18 million […] Kristina Stidham September 20, 2023September 20, 2023 < 1 min read BankruptcyPredictions and ForecastsCOVID19Results & InvestmentDept. ApparelBrick and MortarPress ReleasePartnershipsExecutivesEconomyConsumers 0 Saving Bookmark this article Bookmarked
Data & Insights The True Cost of Loyalty: Why it’s Crucial for Retailers to Protect Loyalty Data Loyalty is big business. In the U.S., research has shown that there are over 3.3 billion loyalty memberships. Programs span across almost all markets, from supermarkets and restaurants to beauty and hospitality. For organizations, a loyalty program that resonates with consumers can set them apart from competitors. Last year, for example, Starbucks told investors that […] Erfan Shadabi September 20, 2023September 20, 2023 3 min read Data & InsightsMarketing: Loyalty & SubscriptionLegal & CriminalConsumersShoppersPartnershipsTechnology & InnovationStrategyRestaurantsExecutivesOperations & Supply ChainInternational - UKDept. HBCEconomyMarketing: TradePricing & PromotionsDept. NonfoodConsulting 0 Saving Bookmark this article Bookmarked
Channel: Delivery Instacart shares rise 12.7% in NASDAQ debut [[“value”:” Newly issued shares of grocery-delivery specialist Instacart rose 12.7% in their debut on the NASDAQ exchange on Tuesday, closing at $33.80. The initial public offering of 22 million shares was priced on Monday at $30 per share, but the stock (listed as CART) hit the market around midday at $42 per share […] Supermarket News September 20, 2023September 20, 2023 2 min read InstacartDeliveryResults & InvestmentStart UpsConsumersBrick and MortarPartnershipsEconomyCOVID19CompetitionAssociatesOperations & Supply ChainShoppersExecutivesData & InsightsDoorDashFood DeliveryMarketing: In StorePricing & PromotionsUbereats 0 Saving Bookmark this article Bookmarked
Department & Category How Occasion Segmentation Powers Growth Market segmentation is fundamental to marketing. Segmentation is evergreen when it comes to building and managing brands. J.M. Smucker, purveyor of jams, jellies, Jif peanut butter, Folgers coffee, Uncrustables, Carnation evaporated milk and pet food items including Milk Bone dog biscuits and Meow Mix, has just purchase Hostess brand snack foods. Hostess makes Twinkies, Ding […] Branding Strategy September 20, 2023September 20, 2023 5 min read Dept. GroceryMarketing: BrandStrategyDept. BeverageShoppersEconomyConsumersDept. ApparelInstacartHealth & WellnessDeliveryTechnology & InnovationPredictions and ForecastsDept. Adult BevData & InsightsAssociatesMarketing: In StoreRestaurantsResults & InvestmentSustainabilityDept. PetDept. DairyExecutivesStart UpsTrends: Food and BeverageBrick and MortarInternational - North AmericaHoliday & EventsNestle 0 Saving Bookmark this article Bookmarked
Channel: Delivery Instacart’s Long-Awaited IPO Values Company at $10 Billion Instacart has made its initial public offering (IPO), pricing its stock at $30 per share and valuing the grocery delivery and technology company at approximately $10 billion. Instacart, which will trade on the NASDAQ under the symbol “CART,” sold 22 million shares in the IPO, with 14.1 million coming from the company and 7.9 million […] Retail TouchPoints September 19, 2023September 19, 2023 2 min read InstacartTechnology & InnovationDeliveryAIResults & InvestmentStart UpsPartnershipsMarketing: In StoreData & InsightsEconomyConsumersCOVID19Regional GroceryBrick and MortarMarketing: Social MediaAldiGovernmentExecutivesBigTechDept. NonfoodMerchandisingOperations & Supply ChainPricing & PromotionsShoppers 0 Saving Bookmark this article Bookmarked
Channel: Delivery Instacart’s Long-Awaited IPO Values Company at $10 Billion Instacart has made its initial public offering (IPO), pricing its stock at $30 per share and valuing the grocery delivery and technology company at approximately $10 billion. Instacart, which will trade on the NASDAQ under the symbol “CART,” sold 22 million shares in the IPO, with 14.1 million coming from the company and 7.9 million […] Retail TouchPoints September 19, 2023September 21, 2023 2 min read InstacartTechnology & InnovationDeliveryAIResults & InvestmentStart UpsPartnershipsMarketing: In StoreData & InsightsEconomyConsumersCOVID19Regional GroceryBrick and MortarMarketing: Social MediaAldiGovernmentExecutivesBigTechDept. NonfoodMerchandisingOperations & Supply ChainPricing & PromotionsShoppers 0 Saving Bookmark this article Bookmarked
Trends & External Forces Why Jim Cramer agrees with a Wall Street firm’s downgrade of this gym stock [[“value”:”Planet Fitness (PLNT) tumbled Tuesday on a slew of Wall Street downgrades.”]] CNBC September 19, 2023September 19, 2023 < 1 min read EconomyHealth & WellnessSustainability 0 Saving Bookmark this article Bookmarked
Department & Category Chicago Could Open City-Owned Grocery Stores Fox Business reports that Chicago Mayor Brandon Johnson is saying that “his administration is exploring a city-owned grocery store as a means of promoting ‘equitable’ access to food, though the plan has drawn criticism from skeptics of a government owned and operated store. “Chicago would become the first major U.S. city to implement a municipally […] MorningNewsBeat September 19, 2023September 19, 2023 < 1 min read Dept. GroceryBrick and MortarDept. NonfoodWhole FoodsGovernmentWalmartStrategyExecutivesEconomy 0 Saving Bookmark this article Bookmarked
Associates & Employees US Retailer Holiday Hiring to Drop to Lowest Level Since 2008 U.S. retailers will hire the lowest number of seasonal workers for this holiday season since 2008, due to increased labor costs and shaky consumer confidence, according to a report by Challenger, Gray & Christmas provided exclusively to Reuters. Retailers are expected to add just 410,000 seasonal jobs this season, according to an analysis of non-seasonally […] Joe Keenan September 19, 2023September 19, 2023 < 1 min read AssociatesHoliday & EventsConsumersShoppersCustomer ExperienceEconomyStrategyData & InsightsExecutivesMarketing: In StoreOperations & Supply ChainResults & Investment 0 Saving Bookmark this article Bookmarked
Shopper & Customer Creating a personalised shopping experience [[“value”:” More recently, retailers have begun using beacon technology to create personalised shopping experiences. Credit: Prostock-studio/Shutterstock. In recent years, the retail industry has experienced a challenging environment following unforeseen events and consumers’ lifestyle changes. High inflation and the increased cost of living are limiting consumer spending as shoppers re-evaluate their priorities and cut back on […] Retail Insights Network September 19, 2023September 21, 2023 2 min read ShoppersConsumersBrick and MortarTechnology & InnovationCustomer ExperienceOperations & Supply ChainMarketing: In StoreDept. ApparelPricing & PromotionsMarketing: Loyalty & SubscriptionTargetDept. HBCEconomyInternational - UKSustainabilityPredictions and ForecastsMarketing: TradeDept. FuelHealth & WellnessKrogerDept. NonfoodDept. GroceryTrends: Retail 0 Saving Bookmark this article Bookmarked
Corporate Strategy Managing And Growing Product Portfolios Most firms, and the managers who operate them, seek to grow. Indeed, a review of most CEO letters associated with annual reports, finds growth to be one of the two most frequently identified objectives (the other is cash flow). Growth, or at least well-managed, profitable growth, is important for many reasons. It makes the firm […] Branding Strategy September 19, 2023September 19, 2023 4 min read StrategyMarketing: BrandShoppersDept. PerimeterDept. FreshOperations & Supply ChainSustainabilityProcter & GambleEconomyPredictions and ForecastsTechnology & InnovationDept. LaundryESG and CSRExecutivesPartnershipsResults & InvestmentAssociates 0 Saving Bookmark this article Bookmarked
Retail Operations How RGM Teams Drive Omnichannel Growth DSI “RGM [revenue growth management] teams have become really essential drivers [of profitability] … they started off as analytic and consultative support, and I think we’re seeing now leaders really moving them forward into a real seat at the table.” — Peter Leech, Managing Director of Retail and Omnichannel Commerce, The Partnering Group (TPG) Brands are […] Digital Shelf Institute September 18, 2023September 18, 2023 10 min read OmnichannelMerchandisingData & InsightsShoppersPartnershipsPodcastsMarketing: TradeStrategyOperations & Supply ChainTechnology & InnovationCompetitionMarketing: Retail MediaMarketing: Social MediaMarketing: In StoreDept. Natural / OrganicConsumersEconomyMarketing: BrandAmazonPredictions and ForecastsPricing & PromotionsSustainabilityMarketing: ShopperAI 0 Saving Bookmark this article Bookmarked
Channel: Grocery Channel: Mass Department: Adult Beverage Department: Beverage Department: HBC ESG Partnerships & Alt Profit Media & Marketing Retailer Media Agencies & Vendors Retail Ecosystem Data & Insights Shopper & Customer Trends & External Forces Retail Operations Operations & Supply Chain Stores & Formats Hy-Vee launches RedMedia omnichannel retail media network Hy-Vee launched the full-scale version of its retail media network, called Hy-Vee RedMedia, at the Groceryshop 2023 conference this week in Las Vegas. The West Des Moines, Iowa-based retailer described the platform as a disruptor in the retail media landscape that will connect brands directly with Hy-Vee’s customer base across multiple platforms, including both online […] Written by Supermarket News September 22, 2023September 25, 2023 Saving Bookmark this article Bookmarked
Channel: Delivery Channel: Ecommerce & Digital Channel: Grocery Channel: Grocery - Natural Department: Food Acquisitions, Divestitures & Mergers Corporate Finance Partnerships & Alt Profit Shopper & Customer Start Ups Technology & Innovation Trends & External Forces Associates & Employees Operations & Supply Chain Stores & Formats Instacart stock languishes after IPO Instacart saw its share price erode in the two days following its initial public offering, after it rose 12.7% in its first day of trading on the NASDAQ exchange. The stock settled down to just slightly over its IPO price of $30 per share on Wednesday, its first full day on the exchange, then ranged […] Written by Supermarket News September 22, 2023September 25, 2023 Saving Bookmark this article Bookmarked
Retailer Media Retail Media Metrics #30DaysofRetailMedia | Day 21: Retail Media Metrics Metrics help brand advertisers measure retail media effectiveness. Key performance indicators (KPIs) span the full marketing funnel, as consumers can enter anywhere. Brand advertisers: 🎯 Choose KPIs according to their objectives📊 Measure baseline results for meaningful comparisons🌟 Review their metrics for data insights to optimize their processes and […] Written by Lisa Goller September 21, 2023September 25, 2023 Saving Bookmark this article Bookmarked
Shopper & Customer Shopper & Customer CPG companies aim to make recycling simpler for consumers Dispelling consumer confusion around plastics recycling, investing in local programs and embracing molecular technologies are some of the current steps the Consumer Brands Association and its members are taking to create a sustainably packaged future. Written by Supermarket Perimeter September 21, 2023September 21, 2023 Saving Bookmark this article Bookmarked
Holiday & Events Trends & External Forces Holiday & Events The big chill: Holiday retail sales 2023 expected to slow Experts predict slow growth in 2023 holiday sales as consumers tighten their belts in a tough economy, but e-commerce will remain a bright spot. Stores are filling with displays of holiday decorations and holiday-themed merchandise as retailers eagerly prepare for the annual shopping surge, but consumers may not be as excited. Forecasts for 2023 holiday […] Written by Future of Commerce September 21, 2023September 21, 2023 Saving Bookmark this article Bookmarked