Dept. Fuel

  1. Department & Category

Grocerants Replacing Restaurants and Grocery Stores for Dinner

  What’s for Dinner is the age-old question every parent hears, and most say I don’t know.  Today more and more families or looking online, or for new avenues of fresh food distributions in the way of meals and meal components that can be mixed and matched into perfect family meal.   Alternative fresh food […]
4 min read
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  1. Channel: Grocery

Kroger Adds “Spoke” Distribution Facility In Central Ohio

Kroger said yesterday that it is opening a new “spoke facility,” powered by Ocado, in Central Ohio, that it says “will extend the grocer’s reach and ability to provide fresh and friendly services to its customers … The 61,000-square-foot facility located on Shook Rd in Lockbourne will collaborate with the fulfillment hub in Monroe, Ohio and […]
2 min read
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  1. Department & Category

Costco earnings will show if its recession proof

Costco is expected to report gains in sales and earnings as its combination of low prices and products for everyday life attract shoppers to its warehouse stores. The chain is further buoyed by its gas stations that offer members savings over market rates.
< 1 min read
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  1. Shopper & Customer

Is Your Brand Meaningfully Different?

As marketing professionals, we’d like to share a quick lesson in one of the fundamentals of marketing having to do with relevance, what we call being “meaningfully different.” Marketers know it’s not enough to be merely relevant to be worthy of a customer’s admiration and loyalty. Something must be relevantly different to attain this status. […]
4 min read
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5
  1. Channel: Delivery

Quick commerce firm Getir set to axe staff and rein in expansion plans

Turkish rapid grocery delivery big hitter Getir is gearing up to cut 14% of its staff globally. The company employs some 32,000 people in the nine markets where it operates, which works out to 4,480 people impacted by the downsizing, according to a report by TechCrunch. These are challenging times for the rapid grocery delivery […]
2 min read
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  1. Media & Marketing

Data-Driven Loyalty in Convenience Retail with Casey’s Art Sebastian & Fetch Rewards’ Kevin McGovern

The CPG Guys, Sri & PVSB, are joined in this episode by Art Sebastian, VP of Digital Experiences at Casey’s, a Fortune 500 company operating over 2,400 convenience stores, and Kevin McGovern, VP of Retail Partner Development at Fetch Rewards, a mobile loyalty platform. Follow Art Sebastian on LinkedIn at: https://www.linkedin.com/in/artsebastianFollow Casey’s on LinkedIn at: […]
2 min read
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  1. Shopper & Customer

Enhancing the Last Mile for Retail Customer Satisfaction

Buying goods online is now easier than ever before — but customers expect a smooth shopping experience at every step. The e-commerce industry is growing at a rate of about 20 percent per year. In fact, it’s estimated that this year alone, it will account for $1.0 trillion in the United States. But how often […]
3 min read
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  1. Media & Marketing

Bidnamic bags $5m Series A funding from Gresham House Ventures

Google Shopping e-commerce marketing platform Bidnamic has completed a $5 million Series A funding round led by Gresham House Ventures.  This marks the UK-based venture’s first institutional investment. The round also included existing angel investors, such as Marin Mayer, co-founder of Booking.com, Chris Forrest, board advisor to Net-A-Porter, and Luke Judge, former CEO at Incubeta. […]
< 1 min read
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  1. Channel: Grocery

Ahold Delhaize’s Q1 sales climb 8.3%

ZAANDAM, Netherlands — Ahold Delhaize said its global retail portfolio reported sales growth of 8.3% in its first quarter as food-at-home consumption continued to prove resilient. Sales benefited from recent store acquisitions as well as favorable currency rates; at constant exchange rates, net sales increased 3.6% in the period to April 3. Net sales at […]
2 min read
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  1. Media & Marketing

Restaurant, Deli, C-store Food Marketers Need to Hook them Before they Look-Up

  Consumers are dynamic not static and today that means smartphones are fast becoming the food marketing platform of choice according to Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. In a battle for share of stomach C-stores, restaurants, bodegas, and grocery store delis all need a fresh focus on smartphones. Art Sebastian, […]
5 min read
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  1. Department & Category

Should Your Retail Store Stock Alcohol? 3 Pros, 2 Cons, And 3 Key Considerations

You already own a profitable retail store, so is there a point in adding liquor to your shelves? The answer to that question depends on the size of your storefront, funding, and several other factors. To help you make a decision, weigh the following pros, cons, and key considerations. What You Should Consider Before Stocking […]
3 min read
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  1. Channel: Ecommerce & Digital

How Inflation Has Deflated Some Of Amazon’s Short-Term Ambitions

Business Insider has a story this morning about the degree to which inflation is affecting Amazon’s retail business. “The uncertainty over rising costs and consumer prices shows that even Amazon, a $1.1 trillion company obsessed with meticulous attention to detail, can be roiled by the rising inflation around the world — adding an unwelcome jolt […]
4 min read
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  1. Corporate Finance

Membership gains drive BJ’s earnings

WESTBOROUGH, Mass. – BJ’s Wholesale Club Holdings Inc. today said strong membership gains drove increased sales and profits in its 2022 fiscal first quarter. BJ’s reported membership-fee income of $96.6 million, an increase of nearly 12% from the previous year. Comparable club sales were up 4.1%. When gasoline sales are included, BJ’s comps were up […]
2 min read
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  1. Channel: Mass

Target’s Q1 Results Far Below Expectations

Tough quarter for Target, which reported a $1 billion Q1 profit yesterday … a big number, but one that was about half that reported during the same period a year ago.  Q1 revenue was up four percent, to $24.8 billion, same-store sales were up 3.3 percent, and digital sales were up 3.2 percent, but profit […]
3 min read
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  1. Data & Insights

See How Predictive Analytics Can Give Your Insurance Agency an Edge

Predictive analytics — everyone in the insurance world is talking about it. But what is it, and how can predictive analytics help you grow your brokerage client list?  Here’s a quick definition: predictive analytics takes scattered pieces of data from across your systems, organizing them to assess what has happened in the past. Then, using […]
4 min read
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  1. Stores & Formats

BJ’s Wholesale Club posts gains in sales and earnings

BJ’s Wholesale Club posted a 4.1 percent gain in same-club sales, excluding gasoline, during the first quarter. The chain’s earnings per share came in at 82 cents, up 39 percent from the same period last year. “Our performance in the first quarter was strong, as gains in member traffic underscored the value we provide. Our […]
< 1 min read
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  1. Operations & Supply Chain

Dom’s Kitchen & Market Adds Some Chicago Culinary Muscle

Crain’s Chicago Business reports that “Au Cheval founder Brendan Sodikoff is partnering with Dom’s Kitchen & Market, the grocery store from industry veteran Bob Mariano. “Sodikoff, who also founded Doughnut Vault and other brands under restaurant group Hogsalt Hospitality … Sodikoff plans to ‘draw on the portfolio of concepts’ from Hogsalt.” The story says that […]
< 1 min read
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  1. Trends & External Forces

Q1 2022 Roundup: Big Box Giants’ Sales Growth Slows, Cool Weather Chills Home Improvement Results

The nation’s largest retailers have been holding strong against supply chain challenges, high fuel costs and inflation, but their combined ongoing impact is finally starting to weigh on their performance. Both Walmart and Target reported weak single-digit sales growth in their latest quarters, and while continued home improvement interest elevated The Home Depot to record […]
3 min read
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  1. Department: Nonfood

Inflation rises again, fuelling consumer spending fears

The Office for National Statistics (ONS) said this morning that annual inflation is now running at 9%, its highest rate since March 1982, when it was 9.1%. The 40-year annual high, up from 7% last month, was driven by higher food and fuel prices, said the ONS. The war in Ukraine was cited as one […]
< 1 min read
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  1. Channel: Mass

Walmart To Host One-Weekend-Only Savings Event Exclusively for Walmart+ Members

BENTONVILLE, Ark., May 18, 2022 — Today, Walmart announced the arrival of Walmart+ Weekend, an online savings event exclusively for Walmart+ members that stretches over three days. The fun begins on Walmart.com at 12 p.m. PT/3 p.m. ET on Thursday, June 2, with the deals ending at 4 p.m. PT/7 p.m. ET on Sunday, June […]
4 min read
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  1. Shopper & Customer

NRF: April Retail Sales Grow Despite Inflation

Consumers accustomed to inflation continued to spend in April as retail sales overcame higher prices to show both monthly and year-over-year (YoY) increases, the National Retail Federation (NRF) said Tuesday. NRF’s calculation of retail sales — which excludes automobile dealers, gasoline stations and restaurants to focus on core retail — showed April was up 0.9 […]
2 min read
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Dollar General post strong sales gains in first quarter

GOODLETTSVILLE, Tenn. — Dollar General on Thursday reported net sales of $8.8 billion for its fiscal year 2022 first quarter, an increase of 4.2% over the prior-year period. The net sales increase was primarily driven by positive sales contributions from new stores, partially offset by a slight decline in same-store sales and the impact of […]
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CVS to launch virtual primary care solution

WOONSOCKET, R.I. — CVS Health announced on Thursday the launch of CVS Health Virtual Primary Care, a new virtual care solution available through a single digital platform. The offering connects CVS Health’s services, clinical expertise, and data for a more coordinated and consumer-centric health care experience. The company said the new solution enables consumers to […]
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  1. Retailer Media
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22% Of Brands Are Unhappy With How They Allocate Their Retail Media Budget. But There’s a Better Way

Retail media networks (RMNs) are an exciting place to run ads, because of the valuable first-party data that retailers have about their customers. RMNs create an ability to target a specific retailer’s customers and provide valuable insights into how people shop. And brands certainly are not hurting for choices. Just last week, Ulta announced a media network and the hotel chain, Marriott, the week prior. 
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Developing a Perfect Store Strategy in 2022

In 2022, the perfect store is rooted in constant evolution — a system that maybe isn’t perfect in every moment, but is agile always, malleable when needed, and capable of critical self-reflection. These innate characteristics of the modern perfect store are supported by, and in return support, the adoption of a few important technologies and […]
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