Economy

Articles on how the economy is impacting retail.

  1. Shopper & Customer
Walmart, the world’s largest retailer, is making a bold move to attract the Gen Z demographic. The company is leveraging its affordable fashion line, No Boundaries, to entice this younger generation to not only buy clothes but also fresh food from their stores. According to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® “Walmart […]
  1. Data & Insights
Major carriers all around the world increase the rates of their services at an average of 4 – 6% YoY.  While carriers transfer this burden of inflation to shippers via increased merchants, most merchants do not do the same to their customers but instead absorb shipping costs as a marketing technique to attract customers. Returning […]
  1. Trends & External Forces
The British Retail Consortium (BRC) has responded to the latest CPI inflation figures, which show headline inflation falling to 2.0% and food inflation falling 1.2 percentage points to 1.7%. Kris Hamer, BRC’s director of insight, said: “The country will breathe a sigh of relief as inflation… This story continues at Next government must not take falling […]
  1. Channel: Ecommerce & Digital
CINCINNATI — Kroger Co. posted first-quarter earnings that topped expectations. The retailer reported its first quarter 2024 results, reaffirmed its guidance for the rest of the fiscal year and told investors that its “Leading with Fresh and Accelerating with Digital” strategy continues to position Kroger for long-term sustainable growth. “Kroger is off to a solid […]
  1. Channel: Grocery
The Kroger Co. (NYSE: KR) today reported its first quarter 2024 results, reaffirmed guidance and updated investors on how Leading with Fresh and Accelerating with Digital continues to position Kroger for long-term sustainable growth.
  1. Trends & External Forces
A slowdown in food and drink prices was one of the key elements in May’s fall in inflation to 2%, says the Office for National Statistics (ONS). The 2% mark means that inflation has hit the Bank of England’s target for the first time in… This story continues at Inflation drop helped by slowdown in […]
  1. Data & Insights
From Humble Beginnings to Grocerant Guru’s Dream: A Look Back Ever since the convenience store (c-store) industry’s inception, it’s battled the stereotype of peddling just “gas station food.” But according to Steven Johnson, the Tacoma, WA-based Grocerant Guru®, a new era is upon us, and ARKO Corp. is at the forefront. The Rise of the […]
  1. Data & Insights
WASHINGTON — Retail sales grew again in May according to new data released by the U.S. Census Bureau. “May’s retail sales give us a snapshot of a reasonably healthy consumer even though spending growth is fluctuating somewhat,” National Retail Federation chief economist Jack Kleinhenz said. “These numbers indicate that the economy continues to expand at […]
  1. Data & Insights
Take-home grocery sales rose by just 1.0% over the four weeks to 9 June 2024, marking the slowest increase since June 2022 as poor weather and falling inflation impacted the sector, according to the latest data from Kantar. Growth in footfall has also stalled, with… This story continues at Slow grocery growth but bright financial […]
  1. Owned Brands (Private Label)
GOODLETTSVILLE, Tenn. — Although inflation’s pace has slowed since the middle of 2022, the cost of everyday essentials continues to rise. At Dollar General, more shoppers are experimenting with store brands as they seek ways to lessen the strain on their family budgets, says Jackie Li, senior vice president, private brands and global sourcing at […]
  1. Channel: Dollar/Value
CHESAPEAKE, Va. — Dollar Tree Inc. has launched a review of “strategic alternatives” for its beleaguered Family Dollar unit, including “a potential sale, spin-off or other disposition of the business.” The announcement comes as Dollar Tree confronts a changing economic environment that has prompted a portfolio review. Company executives have identified some 600 Family Dollar […]
  1. Media & Marketing
TikTok has unveiled two new generative AI tools that will help creators and brands make influencer content at scale that include digital avatars and AI-enabled translation dubbing. The social platform also has  created an advisory board to help facilitate future gen AI development at the company and discuss responsible use. The new tools join a […]
  1. Corporate Purpose
Webinar Building brand loyalty with LGBTQ+ audiences LGBTQ+ consumers welcome brand engagement—provided it’s done in an authentic and inclusive way. Watch our latest webinar and learn how to build brand loyalty with LGBTQ+ audiences.   Watch the webinar Webinar Building brand loyalty with LGBTQ+ audiences LGBTQ+ consumers welcome brand engagement—provided it’s done in an authentic and […]
  1. Trends & External Forces
WASHINGTON — Retail sales in May rebounded from a tepid April, according to the latest CNBC/NRF Retail Monitor, released June 10 by the National Retail Federation. Total retail sales, excluding automobiles and gasoline, increased 1.3% seasonally adjusted from April and were up 3% unadjusted year over year, according to the report. May’s month-over-month increase was […]
  1. Department & Category
  In recent decades, the landscape of the American household has undergone significant transformation. With the rise of one and two-person households, dining habits have shifted dramatically. This evolution has led to a notable increase in the adoption of fast-food restaurant meals for dinner. From the perspective of the Grocerant Guru, this trend can be […]
  1. Shopper & Customer
And, just like that, Drizly is out. As of March 2024, the departure of what was once the largest online marketplace for alcohol in North America has created a significant void in the adult-beverage industry. However, this void also presents a significant opportunity for grocers. With customers increasingly returning to in-store shopping, grocery stores are […]
  1. Data & Insights
Consumers’ calls for sustainability have never been louder. A record 78% of consumers now say sustainability is important, and these shoppers increasingly are holding companies accountable not only for their direct operations, but also for the environmental and social impact of their entire supply chain. Those hardening consumer preferences, along with heightening scrutiny of retail […]
  1. Data & Insights
If you’re deeply invested in nurturing your long-term investment portfolio, understanding the power of alternative data is essential. This guide will walk you through what alternative data is, where it can integrate into your process, and how you can leverage it to gain unparalleled market insights. Introduction: Revolutionizing Investment with Alternative Data Imagine having a […]
  1. Associates & Employees
The recently decided Starbucks v. McKinney case, which tested the National Labor Relations Board’s authority to demand that workers fired for union organizing be reinstated, went in the retailer’s favor in a near-unanimous U.S. Supreme Court decision. A group of Starbucks workers labeling themselves the “Memphis Seven” had invited a TV news crew into a […]
  1. Technology & Innovation
See this visualization first on the Voronoi app. What is the Median Pay of Magnificent Seven Companies? This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. The Magnificent Seven are lifting the stock market to new […]
  1. Shopper & Customer
Trends WhitePaper 2024 Inmar Intelligence Mon, 06/10/2024 – 3:22pm While many shoppers have maintained the habit of making lists before heading to the stores to combat inflation and price increases, on-the-spot or impulse purchase decisions are still happening. And a trend we’ve seen continue to rise over the last couple of years is consumers switching […]
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  16. Stores & Formats
MINNEAPOLIS — Target has announced plans to roll out Store Companion, a new generative artificial intelligence (GenAI) tool. The chatbot, designed by Target, will be available for team members at all of its nearly 2,000 stores by August, becoming the first major retailer to share that it is bringing this technology to its store team […]
  1. Channel: Mass
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Walmart is partnering with Agritask, a crop supply intelligence solution, on a pilot that will deploy Agritask’s remote sensing and data analytics tools in various regions of the U.S. and Mexico in order to provide hyperlocal insights on seasonal blackberry and cherry crops from select Walmart suppliers. The real-time monitoring will help drive rapid response […]
  1. Data & Insights
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Major carriers all around the world increase the rates of their services at an average of 4 – 6% YoY.  While carriers transfer this burden of inflation to shippers via increased merchants, most merchants do not do the same to their customers but instead absorb shipping costs as a marketing technique to attract customers. Returning […]
  1. Channel: Grocery
  2. CPG & FMCG
  3. Channel: Ecommerce & Digital
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  22. Merchandising
  23. Operations & Supply Chain
  24. Owned Brands (Private Label)
  25. Stores & Formats
The Kroger Co. (NYSE: KR) today reported its first quarter 2024 results, reaffirmed guidance and updated investors on how Leading with Fresh and Accelerating with Digital continues to position Kroger for long-term sustainable growth.

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