Dept. Fuel

  1. Technology & Innovation

How is the Biodiesel Market Performing in 2024? Global Research

In an era marked by environmental consciousness and the pursuit of sustainable energy solutions, biodiesel has emerged as a key player in the global energy landscape. This renewable fuel, derived from organic sources such as vegetable oils and animal fats, not only reduces greenhouse gas emissions but also offers a promising alternative to traditional fossil […]
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  1. Data & Insights

How to Protect Your Site From Credential Stuffing Attacks

Credential stuffing attacks are a costly headache, with the Ponemon Institute finding that businesses lose an average of $6 million per year due to lost customers, increased IT costs, and other fallouts. The pervasive problem of password reuse fuels credential stuffing, and we can only expect these attacks to increase as more credentials are exposed […]
3 min read
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  1. Department & Category

Food Lion hits sustainability milestone

SALISBURY, N.C — For the 23rd consecutive year, Food Lion has earned the ENERGY STAR Partner of the Year Award from the U.S. Environmental Protection Agency and the U.S. Department of Energy. The omnichannel grocery retailer is the only company in the nation to receive the distinctive honor for 23 years. The U.S. Environmental Protection […]
2 min read
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  1. Corporate Strategy

Canada Goose to Cut 17% of its Corporate Workforce

Canada Goose said Tuesday that it will cut about 17 percent of its corporate workforce, reports CNBC. This announcement follows a string of other retailers that have laid off employees this year as consumers continue to pull back on discretionary spending. The cuts will affect staff at Canada Goose’s corporate headquarters in Toronto, which had […]
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  1. Department & Category

PayPoint and Switchee enable in-store energy credit top ups for those at risk of fuel poverty

PayPoint has announced a new partnership with Switchee, a data and insights company, which will allow residents to use their cash and energy credit vouchers to top up their energy credit in PayPoint stores. According to Switchee’s Housing Fuel Poverty Index, one in seven social… This story continues at PayPoint and Switchee enable in-store energy […]
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  1. Shopper & Customer

Even Late to the Paid Membership Party, Target Believes it’s ‘Starting from a Position of Strength’

Target’s announcement earlier this month that it was launching a paid membership plan almost felt like a foregone conclusion. Amazon’s Prime membership has been paying dividends for the company for decades, and after Walmart followed suit with Walmart+ in 2020, it was only a matter of time before Target entered the mix. With the addition […]
5 min read
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  1. Shopper & Customer

The Power of Net Terms: How to Fuel Expansion for Growing Wholesale Retailers

In the competitive world of wholesale retail, sustaining growth and optimizing financial performance are paramount objectives for established retailers. While various strategies exist to achieve these goals, leveraging net terms emerges as a powerful tool. In this comprehensive guide, we’ll explore the strategic utilization of net terms to drive expansion and bolster revenue growth for […]
4 min read
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  1. Trends & External Forces

NRF forecasts retail sales to reach at least $5.23 trillion in 2024

WASHINGTON – The National Retail Federation today forecast that retail sales will increase in 2024 between 2.5% and 3.5% to between $5.23 trillion and $5.28 trillion. The announcement was made during NRF’s fourth annual State of Retail & the Consumer virtual discussion on the health of American consumers and the retail industry. “The resiliency of consumers continues […]
2 min read
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  1. Channel: Ecommerce & Digital

Wren Kitchens deploys Descartes appointment scheduling, route planning and optimisation solution

Kitchen retailer Wren Kitchens is using Descartes Systems Group appointment scheduling, route planning and optimisation solution to improve surveyor productivity, allowing it to complete 56% more customer appointments and reduce its overall ‘cost per appointment’, which has saved the company £2 million annually. It says that the solution has dramatically improved the productivity of Wren’s […]
2 min read
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  1. Shopper & Customer

Post-Holiday Sales Are Down: What Can Retailers Do to Win the 2024 Season?

While retailers typically put a significant emphasis on post-holiday sales, they didn’t resonate with shoppers after the 2023 holiday season. During the week after Christmas, year-over-year sales were down across the board, with only computer software sales seeing an increase from 2022. Department stores, cosmetics stores and clothing stores saw some of the largest declines, […]
4 min read
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  1. Data & Insights

Gen AI and Retail: How the Industry is Harnessing Disruptive Transformation

Generative artificial intelligence (Gen AI) is spurring organizations across different sectors to fundamentally reimagine their approach to digital transformation. Nowhere is its disruptive potential more evident than in retail, where Gen AI’s ever-increasing capabilities are powering a new age of customer-centric innovation. Retailers are exploring use cases across a wide range of functions, from new […]
3 min read
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  1. Data & Insights

5 Ways To Boost Your Retail Business Productivity Through AI

Struggling to keep up with the pace of modern retail? You’re not alone. The retail landscape is evolving rapidly, and maintaining productivity can feel like chasing a moving target. Enter Artificial Intelligence (AI) – your new strategic partner. Retailers are discovering that AI can do more than just data analysis. It’s time to harness AI […]
3 min read
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  1. Channel: Ecommerce & Digital

Affordable Last Mile Groceries Delivery with Buncha’s Bharat Pulgam

The CPG Guys are joined in this episodee by Bharat Pulgam, Founder & CEO of Buncha, a last-mile technology company that uses W2 shoppers and refrigerated vehiclesto provide best in class service. With a unique batching system, Buncha is able to work with retailers to maximize deliveries in a reliable and efficient manner. What sets […]
2 min read
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  1. Department & Category

Hand Held Food for Immediate Consumption Will Drive Casey’s General Stores Growth

  At the intersection of consumers trends, pizza delivery success, and branded line extensions Casey’s General Stores have added new hand-held food menu items for immediate consumption is a perfect fit Edifying its consumer focused grocerant niche Ready-2-Eat and Heat-N-Eat fresh prepared menu in the minds-eye of the consumer, according to Steven Johnson Grocerant Guru® […]
3 min read
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  1. Trends & External Forces

Consumer Prices Continue To Reflect Inflationary Pressures

The New York Times reports this morning that “the Consumer Price Index climbed 3.2 percent last month from a year earlier, up from 3.1 percent in January. That’s down notably from a 9.1 percent high in 2022, but it is still quicker than the roughly 2 percent that was normal before the 2020 pandemic. “After […]
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  1. Corporate Strategy

CNBC/NRF Retail Monitor: Sales grew in February

WASHINGTON – Retail sales continued to grow in February, building off solid gains from January, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation. Click here to access February’s retail data.Total retail sales, excluding automobiles and gasoline, were up 1.06% seasonally adjusted month over month and up 6.3% […]
2 min read
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  1. Channel: Grocery

Kroger Releases Q4, Annual Sales Figures

Kroger said that its Q4 total sales, excluding fuel, declined 0.5 percent to $37.1 billion, from $34.8 billion during the same period a year ago.  Same-store sales for the period were down 0.8 percent. However, operating profit grew to $1.19 billion from $826 million in the prior-year period, while Kroger digital sales grew more than […]
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  1. Technology & Innovation

Remarkable Growth in the Market for High-Performance Plastics in 3D Printing

In recent years, the 3D printing industry has witnessed a remarkable surge in innovation, especially in the realm of high-performance plastics. High-performance plastics (HPPs) are advanced materials known for their exceptional mechanical, thermal, and chemical properties, making them highly sought after in the global 3D printing industry. HPPs are expected to be widely used in […]
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  1. Department & Category

Bestway enters into new long-term partnership with Penny Petroleum

Bestway Retail, part of Bestway Wholesale, has announced that it has entered into a new long-term partnership with Penny Petroleum, the fifth largest independent petrol forecourt operator in the country. Already working with the major forecourt operator, the new agreement accelerates the longer term strategic… This story continues at Bestway enters into new long-term partnership […]
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  1. Trends & External Forces

Kroger Reports Fourth Quarter and Full-Year 2023 Results, Announces Guidance for 2024

Comments from Chairman and CEO Rodney McMullen. "Kroger achieved strong 2023 results, in line with our long-term growth model and built upon three consecutive years of historic growth.
9 min read
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  1. Corporate Finance

Kroger’s Q4 earnings beat expectations

CINCINNATI—Kroger reported flat sales for the fourth quarter and fiscal year ended February 3, but profits beat expectations. The retailer reported a $736 million profit on sales of $37.1 billion for the three-month period. Kroger noted that identical sales (excluding fuel decreased 0.8% in the quarter, while underlying identical sales without fuel increased 0.1%. The […]
3 min read
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  1. Data & Insights

SharkNinja taps Horizon next to fuel data powered growth

SharkNinja, a global product design and technology company, today named Horizon Next as their Media Agency of Record across the US and Canada. SharkNinja has engaged Next to design a data powered strategy that balances innovation and advanced analytics to accelerate retail and DTC growth. Next will leverage its game-changing proprietary connected marketing platform, blu., to identify actionable […]
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  1. Department: Consumer Durables

Athleta Looks to Recycled Textiles to Advance Circularity Efforts

Gap Inc. has partnered with Ambercycle to leverage recycled textiles in products for its Athleta brand beginning in 2026. Ambercycle uses proprietary molecular regeneration technology to turn discarded polyester into Cycora. This is a high-performance material designed to reproduce the quality of virgin-grade polyester while reducing industry greenhouse gas emissions and the need to landfill […]
2 min read
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  1. Channel: Mass

Target to add paid membership program

MINNEAPOLIS—As part of a revamp of its customer loyalty program, Target is launching a new paid membership program called Target Circle 360. The program, set to launch on April 7, includes unlimited free same-day delivery for orders over $35 in as little as an hour with no delivery fees or markups, free two-day shipping, access […]
2 min read
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  1. Channel: Mass

Target Primes New Paid Membership Program

Following in the footsteps of Amazon Prime and Walmart+, Target announced the launching of Target Circle 360, a new paid membership program described by the company as “a new paid membership that includes unlimited free same-day delivery for orders over $35 in as little as an hour with no delivery fees or markups, free two-day […]
2 min read
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  1. Corporate Finance

Liquidity Issues For California’s Almond Industry

From the Los Angeles Times: “For much of the last decade, almonds have been such a lucrative crop that growers and investment firms have poured money into planting new orchards across vast stretches of California farmland. “Now, the almond boom has fizzled and the industry has entered a slump. Prices have dropped over the last […]
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  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 […]
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  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 […]
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  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 […]
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