Department: Consumer Durables Lego Abandons One of Its Projects To Make Oil-Free Bricks -FT Danish toymaker Lego has reportedly abandoned a prominent initiative to eliminate oil-based plastics from its bricks. This decision comes after the company discovered that the new material, recycled polyethylene terephthalate (RPET), would result in higher carbon emissions. Lego’s CEO, Niels Christiansen, mentioned that extensive testing revealed it was challenging to find a material that met… RetailWire September 26, 2023September 26, 2023 < 1 min read Dept. Toys & GamesDept. FuelExecutives 0 Saving Bookmark this article Bookmarked
Shopper & Customer Smaller Menus Speed Up Service The old adage ‘time is money’ has not changed and if your menu has out grown it’s welcome it just might be tie to remove lot’s old menu items and add one or two new featured items to let your customers know your business is still relevant and not just a vestige of the […] Grocerant Guru September 26, 2023September 26, 2023 4 min read ConsumersDept. GroceryData & InsightsShoppersAssociatesStore LocationSustainabilityPackagingCompetitionTechnology & InnovationBOPISDept. FreshConsultingCOVID19Dept. FuelDept. PerimeterMarketing: In StoreMarketing: OOHPartnershipsPepsiCoPricing & PromotionsRestaurantsThick Data 0 Saving Bookmark this article Bookmarked
Data & Insights 3 Ways Business Intelligence Can Transform Retail Delivery Fleet Management In today’s landscape, retailers already know how valuable data can be. Many are compiling ever-increasing amounts of data that reveal precious insights into customer shopping habits. In fact, 62 percent of retailers report gaining a competitive advantage due to data analytics, according to IBM. But what might be less obvious is how data can overhaul […] Lukas Kinigadner September 26, 2023September 26, 2023 2 min read Data & InsightsDeliveryOperations & Supply ChainStore LocationPredictions and ForecastsShoppersMarketing: In StoreExecutivesDept. FuelAssociates 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger breaks ground on first Marketplace store [[“value”:” Kroger has started construction on its first Marketplace store in Plano, Texas, which will replace a smaller Kroger store nearby, reports local news outlet The Dallas Morning News. Kroger’s first Marketplace store is the largest format at 124,000 square — 55,000 square feet bigger than the existing store. The store location is […] Supermarket News September 26, 2023September 26, 2023 2 min read KrogerBrick and MortarStore LocationDept. NonfoodWalmartAlbertsons / SafewayRegional GroceryPredictions and ForecastsExecutivesMergersMerchandisingLegal & CriminalResults & InvestmentGovernmentDept. PerimeterRestaurantsC&S Wholesale GrocersDept. FuelDept. FreshDept. DairyDept. AppliancesDept. ApparelAssociatesMarketing: In StoreDept. Toys & Games 0 Saving Bookmark this article Bookmarked
Media & Marketing Big Y debuts new loyalty program Shoppers can earn one point for every dollar spent at the grocer’s supermarket banners to save on groceries and gas as well as receive free products. Grocery Dive September 25, 2023September 25, 2023 < 1 min read Marketing: Loyalty & SubscriptionShoppersDept. Fuel 0 Saving Bookmark this article Bookmarked
Media & Marketing Big Y updates loyalty program to offer more flexibility [[“value”:” Big Y Foods has revamped its myBigY Rewards loyalty program to offer shoppers more flexibility in the way they use their rewards points. It also appears to compete more directly with the Stop & Shop GO Rewards program offered by Big Y’s main rival in the region. Related: How Big Y’s […] Supermarket News September 23, 2023September 23, 2023 2 min read Marketing: Loyalty & SubscriptionDept. FuelShoppersPricing & PromotionsMarketing: TradeAhold DelhaizeOmnichannelBrick and MortarStore LocationMarketing: Direct & PersonalizationPartnershipsDept. Fresh 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart Adds Subscription Service for Everyday Essentials Walmart is continuing its encroachment onto Amazon’s turf with the addition of a new subscription service for repeat purchases, similar to Amazon’s Subscribe and Save offering. But Walmart took the moment to also remind customers of other capabilities enabled in the Walmart app that they won’t find on Amazon (without using those words of course), […] Retail TouchPoints September 21, 2023September 21, 2023 3 min read WalmartShoppersReturnsMarketing: Loyalty & SubscriptionBrick and MortarAmazonDept. NonfoodMarketing: In StoreMarketing: Social MediaDept. ApparelMerchandisingBOPISMarketing: Direct & PersonalizationDept. PetDept. GroceryDept. FuelDept. BabyTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart Adds Subscription Service for Everyday Essentials Walmart is continuing its encroachment onto Amazon’s turf with the addition of a new subscription service for repeat purchases, similar to Amazon’s Subscribe and Save offering. But Walmart took the moment to also remind customers of other capabilities enabled in the Walmart app that they won’t find on Amazon (without using those words of course), […] Retail TouchPoints September 21, 2023September 22, 2023 3 min read WalmartShoppersReturnsMarketing: Loyalty & SubscriptionBrick and MortarAmazonDept. NonfoodMarketing: In StoreMarketing: Social MediaDept. ApparelMerchandisingBOPISMarketing: Direct & PersonalizationDept. PetDept. GroceryDept. FuelDept. BabyTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Corporate Finance Navigating the Challenges of Rapid Growth When Scaling Tech Startups Imagine you’re at the helm of a tech startup—a brilliant idea, a small team, and the boundless energy of entrepreneurship fueling your journey. You’ve worked tirelessly to develop a product that fills a gap in the market, and suddenly, it happens: your startup takes off like a rocket. Rapid growth is a dream come true, […] Erika Cruz September 21, 2023September 25, 2023 3 min read SponsoredTechnology & InnovationResults & InvestmentAssociatesShoppersMarketing: Loyalty & SubscriptionData & InsightsLegal & CriminalCustomer ExperienceAcquisitionOperations & Supply ChainSustainabilityBankruptcy 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart, Target follow Amazon with early start to holiday sales [[“value”:” Dive Brief Consumer electronics retailer Best Buy has also stepped up, with deals set to start several weeks ahead of Black Friday and Cyber Monday. Published Sept. 19, 2023 A Walmart truck. Walmart, Target and Best Buy announced details about early holiday shopping deals this week. Provided by Walmart. “]] RetailDive September 19, 2023September 19, 2023 < 1 min read WalmartHoliday & EventsTargetAmazonBest BuyDept. NonfoodDept. Natural / OrganicDept. FuelDept. Consumer ElectronicsConsumers 0 Saving Bookmark this article Bookmarked
Channel: Grocery Publix expands tech campus as digital investments ramp up in grocery The chain is spending tens of millions of dollars to upgrade facilities in its hometown of Lakeland, Florida, in an effort aimed at attracting tech talent to fuel its growing omnichannel capabilities. Grocery Dive September 19, 2023September 19, 2023 < 1 min read Technology & InnovationRegional GroceryPublixOmnichannelDept. Fuel 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
Channel: Convenience Pizza, Pizza, Pizza, Drives Casey’s General Stores Success Success does leave clues and at Casey’s General Stores once again it was Pizza, Pizza, Pizza that drive a strong first quarter, marked by an uptick in inside sales; you guessed it driven be pizza sales. Regular reader of this blog know that Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® was […] Grocerant Guru September 18, 2023September 18, 2023 4 min read Casey's General StoresBrick and MortarData & InsightsDept. BeverageDept. FuelAcquisitionDept. GroceryExecutivesOwned Brands (Private Label)Dept. FreshMarketing: Loyalty & SubscriptionPartnershipsResults & InvestmentDept. PerimeterOperations & Supply ChainMarketing: Social MediaShoppersTechnology & InnovationSustainabilityMarketing: In StorePredictions and ForecastsConsumersDept. Adult BevDept. BakeryMergersMerchandisingEG America 0 Saving Bookmark this article Bookmarked
Department & Category Branded Convenience Store Food Drives Customer Adoption Once again, another food industry news and research firm edifies the findings of the work that Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® and his team have been doing since 1991. So, here we go, almost all of the retailers surveyed in the 2023 Convenience Store News Foodservice Study said they sell prepared […] Grocerant Guru September 16, 2023September 16, 2023 6 min read Dept. GroceryShoppersData & InsightsConsumersHealth & WellnessBrick and MortarMarketing: Social MediaTechnology & InnovationDept. BeverageStore LocationDept. FreshDept. Fresh PreparedStrategyMeta (Facebook)TwitterConsultingDept. PetESG and CSRTargetDept. DairyPredictions and ForecastsDept. FuelPartnershipsOperations & Supply ChainDept. PerimeterMarketing: Loyalty & Subscription 0 Saving Bookmark this article Bookmarked
Department & Category Retail sales see slight August gains, reports Commerce and NRF Commerce reported that total August retail sales, at $697.6 billion, were up 0.6% from July to August, and were up 2.5% annually. Total retail sales, from June through August, saw a 2.2% annual increase, it noted. NRF’s calculation of retail sales – which excludes automobile dealers, gasoline stations and restaurants to focus on core retail […] SupplyChain247 September 14, 2023September 18, 2023 < 1 min read RestaurantsDept. Fuel 0 Saving Bookmark this article Bookmarked
Trends & External Forces Inflation Up Slightly In August, & Food Prices Up Even Less The Wall Street Journal reports that “US inflation accelerated in August due to a jump in gasoline costs, but underlying price pressures were likely mild enough to keep the Federal Reserve on track to hold interest rates steady next week. “The consumer-price index, a measure of goods and services prices across the U.S. economy, rose […] MorningNewsBeat September 14, 2023September 14, 2023 < 1 min read EconomyDept. GroceryDept. FuelResults & InvestmentPredictions and ForecastsData & InsightsConsumersAssociates 0 Saving Bookmark this article Bookmarked
Corporate Strategy Howard Schultz To Leave Starbucks Board of Directors Howard Schultz, the three-time CEO of Starbucks and the man who turned a small Seattle business into a global phenomenon, said yesterday that he is stepping down as a member of the company’s board. Schultz will retain the title of chairman emeritus. “I look forward to supporting this next generation of leaders to steward Starbucks […] MorningNewsBeat September 14, 2023September 14, 2023 2 min read RestaurantsExecutivesAssociatesPartnershipsDept. FuelPredictions and ForecastsDept. ApparelDept. OTCDept. GroceryStrategyPhilanthropyShoppers 0 Saving Bookmark this article Bookmarked
Department & Category Grocery food prices down slightly in August [[“value”:” Despite recent price drops across some categories, inflation appears to be still going strong, according to the latest monthly government consumer data. The Consumer Price Index increased 0.6% in the month of August, according to the Bureau of Labor Statistics. It’s the highest monthly increase of 2023 and a significant jump from […] Supermarket News September 14, 2023September 14, 2023 2 min read Dept. GroceryEconomyDept. FreshDept. BeverageConsumersDept. DairyDept. PerimeterDept. BakeryDept. RefrigeratedData & InsightsDept. FuelGovernmentWeatherAssociates 0 Saving Bookmark this article Bookmarked
Holiday & Events Holiday retail sales forecasted to increase up to 4.6% [[“value”:” TOP TAKEAWAYS Retail holiday sales are forecasted to increase between 3.5% to 4.6% in 2023 In 2022, holiday sales grew by 7.6% in the same period Ecommerce holiday sales are projected to grow between 10.3% to 12.8% Holiday retail sales are predicted to increase between 3.5% to 4.6% in 2023, according to […] Supermarket News September 14, 2023September 14, 2023 2 min read Holiday & EventsPredictions and ForecastsConsumersConsultingDept. FuelCOVID19EconomyTrends: RetailOperations & Supply ChainDept. NonfoodDept. GroceryAssociates 0 Saving Bookmark this article Bookmarked
Stores & Formats Couche-Tard to expand rollout of Circle K loyalty program [[“value”:” Couche-Tard is rolling out its Circle K loyalty program, the Innercircle platform, across various U.S. markets after going live with the initiative across 430 stores in Florida. The Innercircle is a free membership program that offers Circle K loyalty customers rewards on fuel and food, as well as personalized offers. Related: […] Supermarket News September 12, 2023September 12, 2023 2 min read Marketing: Loyalty & SubscriptionAlimentation Couche-TardCircle KDept. FuelResults & InvestmentPricing & PromotionsBrick and MortarDept. GroceryInternational - North AmericaEconomyExecutivesStrategyMarketing: TradeOperations & Supply ChainPredictions and ForecastsMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Shopper & Customer What’s for Dinner? Grocerant Niche Ready-2-Eat and Heat-N-Eat Meal Components Look around, and talk to your friends and you will see that, Americans do not want to eat alone. Don’t want to shop, and don’t want to cook, while man is a social and needs to connect with others and sharing a meal with friends, family, or even a stranger is preferred rather than […] Grocerant Guru September 10, 2023September 10, 2023 4 min read ConsumersDept. GroceryInsight ProvidersMarketing: In StoreStore LocationDept. NonfoodThick DataShoppersDept. RefrigeratedDept. PetMarketing: TradeRestaurantsMarketing: Social MediaData & InsightsInternationalTechnology & InnovationTech: CashierlessPricing & PromotionsDept. FuelOperations & Supply ChainExecutivesConsultingESG and CSRDept. AppliancesBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger Reports Second Quarter 2023 Results and Reaffirms Guidance The Kroger Co. (NYSE: KR) today reported its second quarter 2023 results, reaffirmed 2023 guidance and updated investors on how Leading with Fresh and Accelerating with Digital continues to position Kroger for long-term sustainable growth. Kroger September 8, 2023September 8, 2023 8 min read KrogerResults & InvestmentDept. FuelShoppersPredictions and ForecastsEconomyGovernmentSustainabilityHealth & WellnessInclusivityConsumersDept. FreshMergersStrategyRegional GroceryDept. DairyOperations & Supply ChainCOVID19PartnershipsPress ReleasePhilanthropyOwned Brands (Private Label)Dept. PharmacyDept. GroceryExecutivesMarketing: Direct & PersonalizationWeatherReturnsTargetUnileverDeliveryDivestituresData & InsightsDept. PerimeterDept. Natural / OrganicESG and CSRHomeChefVendorsTrends: ConsumerPricing & PromotionsMarketing: Retail MediaMarketing: Loyalty & Subscription 0 Saving Bookmark this article Bookmarked
Trends & External Forces Your Views: A Kick In The Head I commented yesterday in FaceTime about a great piece in Entrepreneur about how employee cynicism and irony get in the way of employee engagement, which, when nurtured, actually can be a tangible business advantage. One MNB reader responded: Engagement Behavior, you are not the only one! Well said and from an HR perspective (and a […] MorningNewsBeat September 8, 2023September 8, 2023 5 min read EconomyAssociatesMarketing: Social MediaAmazonBrick and MortarWalmartOperations & Supply ChainMarketing: In StoreGovernmentShoppersUnileverTwitterCOVID19Regional GroceryPartnershipsDept. FuelDept. GroceryAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Department: Food Jimmy John’s Focus on Back to School and Back to the Office Building top-line sales and bottom-line profits requires customer focus, seasonal timing, and relevance. Jimmy John’s understands that with September comes back to school, and back to the office for many more this year and is focusing in on helping ease the pain of that transition. According to Steven Johnson Grocerant Guru® at Tacoma, WA […] Grocerant Guru September 8, 2023September 8, 2023 3 min read Dept. GroceryData & InsightsMarketing: Social MediaDept. DairyDept. NonfoodConsumersRestaurantsDept. Fresh PreparedDept. FuelTwitterShoppersMeta (Facebook)PackagingDept. FreshHealth & WellnessESG and CSRPricing & PromotionsTarget 0 Saving Bookmark this article Bookmarked
Associates & Employees Hiring Expected To Slow; Retail To Take The Brunt Of The Trend New government projections for the coming decade suggest that hiring is likely to slow down, and that retail will be of the segments likely to suffer the most. From Bloomberg: “US employment gains will slow significantly and be more concentrated across few sectors in the decade through 2032 as population growth moderates, fresh government estimates […] MorningNewsBeat September 7, 2023September 7, 2023 2 min read AssociatesEconomyGovernmentESG and CSRMarketing: In StoreDept. HBCDept. FuelDept. FreshOperations & Supply ChainTechnology & InnovationHealth & WellnessUnilever 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Lego Plans $1.4 Billion Sustainability Investment Over Next 3 Years The Lego Group will triple its sustainability investments over the next three years, spending $1.4 billion to design carbon-neutral buildings and facilities and boost production of renewable energy at its sites. These plans are part of the brand’s near-term climate target of reducing greenhouse gas (GHG) emissions 37% by 2032 compared to a 2019 base […] Retail TouchPoints September 6, 2023September 6, 2023 2 min read Dept. Toys & GamesSustainabilityResults & InvestmentTargetMarketing: Social MediaExecutivesInternationalOperations & Supply ChainPredictions and ForecastsESG and CSRFlagship StoresDept. FuelShoppersBrick and Mortar 0 Saving Bookmark this article Bookmarked
Department & Category LEGO to Invest $1.4B in Sustainability Initiatives The LEGO Group announced last week its pledge to achieve net-zero greenhouse gas (GHG) emissions by 2050 as part of its continued efforts to reduce environmental impact. The pledge is an extension of its existing near-term climate target to reduce GHG emissions by 37 percent by 2032 from a 2019 base, according to a company […] Kristina Stidham September 6, 2023September 6, 2023 2 min read SustainabilityDept. Toys & GamesConsumersTargetESG and CSRPredictions and ForecastsPress ReleaseResults & InvestmentAcquisitionDept. FuelBrick and MortarExecutives 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Lego Plans $1.4 Billion Sustainability Investment Over Next 3 Years The Lego Group will triple its sustainability investments over the next three years, spending $1.4 billion to design carbon-neutral buildings and facilities and boost production of renewable energy at its sites. These plans are part of the brand’s near-term climate target of reducing greenhouse gas (GHG) emissions 37% by 2032 compared to a 2019 base […] Retail TouchPoints September 6, 2023September 7, 2023 2 min read Dept. Toys & GamesSustainabilityResults & InvestmentTargetMarketing: Social MediaExecutivesInternationalOperations & Supply ChainPredictions and ForecastsESG and CSRFlagship StoresDept. FuelShoppersBrick and Mortar 0 Saving Bookmark this article Bookmarked
Department: Beverage Affordable Energy Solutions for SMBs: Tips for Managing Costs Your small or medium-sized business’s success is important, so it’s possible that you won’t give your energy costs much thought. However, monitoring your energy efficiency and making the necessary adjustments given the rise in energy prices is essential. A significant amount of money can be saved by reducing your company’s energy consumption, freeing up funds […] Retail Minded September 4, 2023September 4, 2023 3 min read SustainabilityTechnology & InnovationConsumersStrategyResults & InvestmentGovernmentDept. BeverageOperations & Supply ChainMarketing: Social MediaInternational - UKDept. FuelAgencies 0 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit The Weekly Closeout: Academy Sports and Outdoors expands assortment, and has pumpkin spice gone too far? [[“value”:” This audio is auto-generated. Please let us know if you have feedback. It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week and what we’re still thinking about. From a new global brand president at […] RetailDive September 2, 2023September 2, 2023 4 min read MerchandisingHoliday & EventsConsumersPartnershipsMarketing: Social MediaTargetShoppersESG and CSRBrick and MortarStore LocationExecutivesDept. NonfoodTechnology & InnovationResults & InvestmentDept. ApparelDept. FreshDept. FuelPress ReleaseData & InsightsMarketing: In StoreMeta (Facebook)COVID19Predictions and ForecastsAssociatesLegal & CriminalMarketing: BroadcastOperations & Supply ChainDept. Sporting goodsEconomyStrategyStreamingInclusivityDept. PerimeterBankruptcyBest BuyTikTokAmazon 0 Saving Bookmark this article Bookmarked
Technology & Innovation Technology & Innovation ‘Money Doesn’t Stink:’ The Sad State Of Affairs In Ad Tech After 12 years of working in – or adjacent to – the ad tech industry, I am coming to terms with the simple answer to many depressing questions. The post ‘Money Doesn’t Stink:’ The Sad State Of Affairs In Ad Tech appeared first on AdExchanger. Written by AdExchanger September 26, 2023September 26, 2023 Saving Bookmark this article Bookmarked
Department: Consumer Durables Department: Consumer Durables Corporate Strategy Lego Abandons One of Its Projects To Make Oil-Free Bricks -FT Danish toymaker Lego has reportedly abandoned a prominent initiative to eliminate oil-based plastics from its bricks. This decision comes after the company discovered that the new material, recycled polyethylene terephthalate (RPET), would result in higher carbon emissions. Lego’s CEO, Niels Christiansen, mentioned that extensive testing revealed it was challenging to find a material that met… Written by RetailWire September 26, 2023September 26, 2023 Saving Bookmark this article Bookmarked
Channel: Drug Shopper & Customer Trends & External Forces Stores & Formats CVS Is Permanently Closing Hundreds of Stores for a Surprising Reason As the pandemic’s impact on brick-and-mortar retail lingers, the U.S. drugstore landscape is undergoing significant changes. CVS, the largest drugstore chain in America, is implementing a policy change that will lead to the closure of hundreds of stores over the next three years, aiming to optimize store locations based on population shifts and consumer buying… Written by RetailWire September 26, 2023September 26, 2023 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Corporate Strategy Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Amazon Invests $4 Billion in AI Company Anthropic Amazon will invest up to $4 billion in Anthropic and gain a minority ownership position in the company, part of a deal that will have Amazon Web Services (AWS) become Anthropic’s primary cloud provider. Anthropic will make its future AI foundation models accessible to million of developers, as well as provide AWS customers with early […] Written by Retail TouchPoints September 25, 2023September 26, 2023 Saving Bookmark this article Bookmarked
Channel: Marketplace Partnerships & Alt Profit Media & Marketing Retailer Media Shopify Audiences Adds Criteo, Its First Open Web Ads Partner Shopify Audiences debuted last year with only Google and Meta. In January, Pinterest was added to the mix. Now TikTok, Snap and, notably, Criteo will be able to plug into The post Shopify Audiences Adds Criteo, Its First Open Web Ads Partner appeared first on AdExchanger. Written by AdExchanger September 25, 2023September 26, 2023 Saving Bookmark this article Bookmarked