Government

Articles on the impact the government and regulation has on retail.

  1. Shopper & Customer

Moving Your Business From Offline To Online: Strategies In 2024

When you need to give your business a nudge, the best you can do is to move it from offline to online waters. Stats say that 43% of the people in the USA would rather shop online than go to a physical store, and with the current trends, the numbers can only go up.  So […]
3 min read
0
  1. 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 […]
5 min read
0
  1. Channel: Mass

Co-op invests in low-carbon tech and claims a convenience retailer first as SBTi validates its net zero targets

Co-op has become the first UK convenience retailer to have its net zero targets validated by the globally recognised Science Based Targets initiative (SBTi). SBTi – a body that assesses corporate climate targets – has given the thumbs up to its near-term and overall targets to become net zero across its own operations by 2035, […]
2 min read
0
  1. Trends & External Forces

Visa, Mastercard Settlement Represents Major Victory in Merchants’ Fight Against Swipe Fees

After nearly 20 years of litigation, Visa and Mastercard have reached a settlement with U.S. merchants worth an estimated $30 billion that will lower the interchange fees (commonly referred to as swipe fees) that merchants are charged when customers use credit or debit cards. The antitrust settlement is one of the largest in U.S. history, according to Reuters, and […]
2 min read
0
  1. Technology & Innovation

Devesh Mishra Appointed President of CoreAI at Keystone

NEW YORK, NY — Keystone announced today the appointment of Devesh Mishra as President and Chief Product and Technology Officer of CoreAI, marking a significant step toward the company’s objective to lead in innovation in artificial intelligence. Mr. Mishra, whose illustrious career spans over two decades in the tech industry, brings a wealth of experience […]
3 min read
0
  1. Retailer Media

5 Challenges Facing Retail Media 

Only 41 percent of retailers find the current process for selling and buying retail media efficient. This insight has prompted discussions on how to continue its development, what’s working well, and where the major pain points exist. To succeed, retailers must address five critical challenges halting progress on retail media’s potential: 1. Internal Politics and […]
2 min read
0
  1. Trends & External Forces

Environment secretary suggests further DRS delay

The government’s Deposit Return Scheme (DRS) is more likely to be introduced in 2027 rather than 2025, according to Defra secretary of state Steve Barclay MP. Barclay stressed that interoperability is crucial for businesses, and indicated that he would use the same Internal Market Act… This story continues at Environment secretary suggests further DRS delay […]
< 1 min read
0
  1. Trends & External Forces

Scotland retailer’s rates to rise by £31m

Shops in Scotland will see their annual business rates bills rise by £31m from next week. It follows the decision in the Scottish government’s budget to increase the business rate for firms occupying 22,120 medium-sized and larger commercial premises by 6.7% in 2024-25. This is… This story continues at Scotland retailer’s rates to rise by […]
< 1 min read
0
  1. Trends & External Forces

Merchants group criticizes proposed ‘swipe’ fee settlement

WASHINGTON – A proposed agreement that would reduce “swipe” fees that retailers pay each time a shopper pays with a Visa or Mastercard is “a bad deal for merchants,” according to the Merchants Payments Coalition (MPC), a lobbying group advocating for a more competitive and transparent card system. The coalition is expressing its disappointment with […]
2 min read
0
  1. Trends & External Forces

FMI: health and wellness support becoming a pillar for grocers

ARLINGTON, Va. — Building on burgeoning consumer interest in the link between health and nutrition, the grocery industry aims to raise its profile as a destination for a broad and expanding range of products and services that support customers’ well-being. Executives at FMI – The Food Industry Association recently examined the trend during a briefing […]
3 min read
0
  1. Department: HBC

Senators press for PBM reform at NACDS Event

WASHINGTON — Retail pharmacy’s drive to secure enactment of meaningful PBM reform received a boost earlier this month when the leaders of the Senate Finance Committee spoke at a press briefing on Capitol Hill during NACDS RxImpact Day. Sens. Ron Wyden (D., Ore.) and Mike Crapo (R., Ind.), the chairman and ranking member of the […]
2 min read
0
  1. Trends & External Forces

ACS warns disposable vape ban will give illicit trade £645m boost

ACS (The Association of Convenience Stores) has called on the government to focus on effective enforcement to deal with the huge illicit trade in vapes that will receive a £645m boost if disposable vapes are banned next year. In response to the government’s short consultation… This story continues at ACS warns disposable vape ban will […]
< 1 min read
0
  1. Channel: Dollar/Value

Dollar Tree retrenching after disappointing Q4

CHESAPEAKE, Va. — Dollar Tree Inc. reported disappointing quarterly earnings and offered a downbeat outlook on March 13 and announced plans to shutter about 1,000 stores, nearly all of which operate under its Family Dollar banner. As part of an ongoing portfolio review, company executives have identified some 600 Family Dollar stores to close in […]
2 min read
0
  1. Shopper & Customer

Circana: Consumers settle into new spending patterns

CHICAGO — U.S. retail sales revenue in February remained flat in the discretionary general merchandise and consumer packaged goods categories and units declined 1% compared to the same month last year, according to. Circana. Discretionary general merchandise spending declines continued at the newly established levels, with 5% dollar and 4% unit sales declines compared to […]
2 min read
0
  1. Trends & External Forces

Retail Leaders Weigh in on the FTC’s Proposed Updates to the Green Guides

The Federal Trade Commission (“FTC”) is set to release an updated version of its Guides for the Use of Environmental Marketing Claims this year. These “Green Guides” — which haven’t been updated in over a decade — do not have the force of law but provide marketers with guidance on how to make properly substantiated […]
3 min read
0
  1. Trends & External Forces

Worldpay 2024 Global Payments Report: Covid pandemic drives ‘monumental’ rise in digital wallets adoption

The UK is entering a golden era of payments driven by a digital wallet boom, according to Worldpay’s Global Payments Report 2024. The report, which provides analysis of the payments landscape across 40 countries, indicates that by 2027, digital wallets are expected to comprise half of all e-commerce spend in the UK, worth £203.5 billion. […]
3 min read
0
  1. Trends & External Forces

Phased tobacco ban will ‘push market underground’ and put retailers at risk, says TMA

The TMA (Tobacco Manufacturers’ Association) believes the government’s ‘phased generational ban’ on the purchase of tobacco products for anyone born on or after 1 January 2009, will drive the market “into the hands of organised crime gangs”. In response to the publication of the Tobacco… This story continues at Phased tobacco ban will ‘push market […]
< 1 min read
0
  1. Trends & External Forces

All-Party Parliamentary Group for Responsible Vaping launched

An APPG for Responsible Vaping has been established to ensure the raft of government measures on vaping are balanced and proportionate while acting to encourage and highlight sector led improvement. Parliamentarians from across the political spectrum including a former health secretary have come together to… This story continues at All-Party Parliamentary Group for Responsible Vaping […]
< 1 min read
0
  1. Trends & External Forces

FMI announces leadership promotions

ARLINGTON, Va. – FMI, The For Industry Association, announced it is promoting key staff members to elevated roles. Krystal Register is promoted to vice president of health & well-being for her dedication and expertise in advancing initiatives that help connect the science of food and nutrition to overall health. Register has been especially instrumental in FMI’s […]
2 min read
0
  1. Trends & External Forces

Smokefree Generation Bill tabled; Trading Standards officers show support

New research from the Chartered Trading Standards Institute (CTSI) indicates that Trading Standards Officers support the proposed Smokefree Generation Policy, tabled today in Parliament. A survey of local authority Trading Standards professionals has found that 80% of respondents support the government’s plan to stamp out… This story continues at Smokefree Generation Bill tabled; Trading Standards […]
< 1 min read
0
  1. Trends & External Forces

NACDS RxIMPACT presents 2024 Grassroots Awards

WASHINGTON – The National Association of Chain Drug Stores (NACDS) RxIMPACT grassroots advocacy program announced several grassroots recognitions during the 2024 NACDS RxIMPACT Day on Capitol Hill Welcome Dinner on Wednesday, March 13. This year’s event convened more than 300 pharmacy advocates and NACDS members from all 50 states, including students and faculty from nearly […]
4 min read
0
Note: Requires ChatGPT Plus
Advertisement

Trending Topics

Editor’s Choice

  1. International
  2. Department: Food
  3. Department: Nonfood
  4. ESG
  5. Media & Marketing
  6. Data & Insights
  7. International
  8. Trends & External Forces

The Carbon Footprint of Major Travel Methods

See this visualization first on the Voronoi app. The Carbon Footprint of Major Travel Methods 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. Did you know that transport accounts for nearly one-quarter of global energy-related carbon dioxide (CO₂) emissions? This […]
Written by
  1. Channel: Mass
  2. Channel: Mass
  3. Department: Consumer Durables
  4. Department: Nonfood
  5. Media & Marketing
  6. Data & Insights
  7. Shopper & Customer
  8. Trends & External Forces
  9. Merchandising
  10. Operations & Supply Chain

Target’s April 2024 Circle Sale was its largest by sales lift

Track General Merchandise spending free Access chart in Dash. Target’s April Circle Sale generated 7% more sales than the weekly average in the previous 4 weeks according to Earnest credit card data. This represents a 2 point acceleration in the Circle Sale’s contribution to Target’s topline compared to Target’s October sale. Target Circle is a […]
Written by
  1. Department: Consumer Durables
  2. Media & Marketing
  3. Data & Insights
  4. Shopper & Customer
  5. Trends & External Forces
  6. Stores & Formats

TikTok Shop customers spend more at lower ticket apparel retailers

Download full TikTok Shop report Access TikTok and Panel data in Dash. TikTok Shop customers spent 26% of their apparel wallet on Off-Price Department Stores and 11% on Fast Fashion in the 12-months ended February 2024, compared to 24% and 7% for the average shopper. Conversely, TikTok Shop users spent less than their peers at […]
Written by
  1. Trends & External Forces
  2. Corporate Finance
  3. Corporate Purpose
  4. ESG
  5. Media & Marketing
  6. Data & Insights
  7. Technology & Innovation
  8. Trends & External Forces
  9. Associates & Employees

Where Does One U.S. Tax Dollar Go?

See this visualization first on the Voronoi app. Where Does One U.S. Tax Dollar Go? This was originally posted on our Voronoi app. Download the app for free on Apple or Android and discover incredible data-driven charts from a variety of trusted sources. Come tax season, a common refrain is: “what do my taxes even […]
Written by

Trending

Advertisement