Media & Marketing Harnessing QR codes on social networks In today’s digital age, where social media platforms like TikTok and Facebook reign supreme, businesses are constantly seeking innovative ways to stand out and connect with their target audience. One such method gaining traction is the strategic utilisation of QR codes within these social networks. By integrating TikTok QR code into marketing strategies, businesses can […] Retail Technology Innovation Hub March 18, 2024March 18, 2024 4 min read Marketing: Social MediaTikTokMeta (Facebook)ESG and CSRData & InsightsConsumersPricing & PromotionsMarketing: TradeTechnology & InnovationMarketing: Loyalty & SubscriptionPredictions and ForecastsCompetitionDept. NonfoodTargetShoppersDept. Natural / OrganicCustomer ExperienceTrends: MarketingMarketing: In StoreStore LocationHealth & Wellness 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger, Albertsons Fire Back At FTC Kroger and Albertsons have argued in separate legal filings that the federal Trade Commission (FTC) is misguided and flat-out wrong in opposing their $24.6 billion merger. Both retailers contend that the FTC, in suggesting that the deal would give the combined companies an unfair competitive advantage, ignores the fact that they would also be competing […] MorningNewsBeat March 18, 2024March 18, 2024 2 min read KrogerGovernmentRegional GroceryAlbertsons / SafewayAssociatesMarketing: In StoreMergersLegal & CriminalCompetitionTargetAmazonDivestituresCostcoBrick and MortarPredictions and ForecastsWalmart 0 Saving Bookmark this article Bookmarked
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 […] Sanjay Jain March 18, 2024March 18, 2024 3 min read Technology & InnovationAIData & InsightsShoppersMarketing: Direct & PersonalizationThick DataPartnershipsPredictions and ForecastsDept. FuelMarketing: In StoreOperations & Supply ChainPricing & Promotions 0 Saving Bookmark this article Bookmarked
Technology & Innovation Beyond AI: Emerging Technologies That Are Reshaping Retail In today’s dynamic world of retail, the spotlight remains on artificial intelligence (AI) — and for good reason. AI is undoubtedly transformative, reshaping the future of retail. In addition to AI, other technologies are also making significant strides. Radio-frequency identification (RFID), replacing barcodes, revolutionizes supply chain and inventory management. Video analytics leverages computer vision to […] Isaac Krakovsky March 18, 2024March 18, 2024 3 min read Technology & InnovationAIConsumersOperations & Supply ChainData & InsightsConsultingShoppersTech: RoboticsStore LocationPredictions and ForecastsResults & InvestmentMarketing: Direct & PersonalizationTech: IoTDept. GroceryAssociatesMarketing: Loyalty & SubscriptionMarketing: In StoreTrends: RetailTrends: TechMarketing: BroadcastPartnershipsMarketing: TradeStore FormatStrategySustainability 0 Saving Bookmark this article Bookmarked
Media & Marketing Richmond sausages roll out new £2.6m advertising push Richmond, the sausage brand, has kicked off a £2.6m marketing campaign including a TV ad, video-on-demand, outdoor posters, social media and in-store promotions. The “Good Times” brand campaign is designed to highlight the brand’s “unique heritage whilst also providing a look ahead to the future… This story continues at Richmond sausages roll out new £2.6m […] Talking Retail March 18, 2024March 18, 2024 < 1 min read Predictions and ForecastsMarketing: TradeMarketing: Social MediaMarketing: In StoreMarketing: BroadcastESG and CSR 0 Saving Bookmark this article Bookmarked
Holiday & Events This Year Consider Catering options for your Easter Dinner At the intersection of time starved consumers and family fun at our house Easter was alive with activity both inside and out and always included extended family members the help make that day special. Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® believes that the more time you have to spend with […] Grocerant Guru March 18, 2024March 18, 2024 4 min read Holiday & EventsData & InsightsRestaurantsDept. GroceryBOPISDept. FreshConsumersSustainabilityOperations & Supply ChainPepsiCoPartnershipsDept. BeverageMarketing: In StoreDept. OTCDept. DairyDeliveryUnilever 0 Saving Bookmark this article Bookmarked
Retail Operations Investigating the Evolved Customer Journey: Trends, Challenges & Priorities Retailers know that digital influences the customer journey, from initial awareness to post-purchase. So why is there still such a staggering divide between consumers’ digital and physical brand experiences? We explore the gaps, challenges and opportunities on this week’s Retail Remix with Justin Racine and Zach Zalowitz of Perficient. Together with host Alicia Esposito, they […] Retail Remix Podcast March 18, 2024March 18, 2024 < 1 min read OmnichannelShoppersPodcastsCustomer ExperiencePredictions and ForecastsOperations & Supply ChainConsumersTechnology & InnovationStore LocationSponsoredMarketing: In Store 0 Saving Bookmark this article Bookmarked
Data & Insights Utilizing the External Data Boom for Digital Shelf Optimization Publications about marketing often invoke the comparison of a digital shelf with a physical one. After all, a digital shelf displays your products for the customer to browse, just like a shelf in a brick-and-mortar store would. This comparison, however, has its limits. While customers come to browse the physical shelf, your digital shelf goes […] Retail TouchPoints March 16, 2024March 16, 2024 5 min read Data & InsightsMerchandisingShoppersTechnology & InnovationAICompetitionPredictions and ForecastsDept. NonfoodOperations & Supply ChainMarketing: Social MediaBig DataCustomer ExperienceMarketing: In StoreStore LocationESG and CSRTargetMarketing: UGCGoogleAmazonThick Data 0 Saving Bookmark this article Bookmarked
Corporate Strategy Ulta Beauty Plans 2025 Expansion to Mexico Ulta Beauty, which posted strong financial results for 2023, will move into Mexico next year as part of a joint venture with global brands operator Axo. The retailer’s $11.2 billion in net sales for FY 2023, which ended Feb. 3, 2024, was 9.8% higher than the previous year, fueled by a comparable sales rise of […] Retail TouchPoints March 16, 2024March 16, 2024 < 1 min read Technology & InnovationDept. HBCPredictions and ForecastsInternational - North AmericaMarketing: Loyalty & SubscriptionMarketing: In StoreMarketing: Social MediaResults & InvestmentExecutivesHoliday & EventsShoppersStore LocationMerchandisingBrick and Mortar 0 Saving Bookmark this article Bookmarked
Technology & Innovation Grocery giant Sainsbury’s battles payments and online delivery issues as IT meltdown hits hard Sainsbury’s has today been hit by an IT meltdown following an ‘error with an overnight software update’ that has prevented the grocery retailer from being able to fulfil online orders and accept contactless payments in stores. “We’re experiencing technical issues affecting some stores, our Groceries Online service and our ability to contact customers. Unfortunately, we will […] Retail Technology Innovation Hub March 16, 2024March 16, 2024 2 min read Technology & InnovationShoppersBrick and MortarMarketing: Social MediaDeliveryInternational - UKOmnichannelPartnershipsTwitterData & InsightsPredictions and ForecastsCOVID19StrategyMarketing: In StoreGoogleExecutivesESG and CSRDept. Grocery 0 Saving Bookmark this article Bookmarked
Media & Marketing Michaels boosts in-store experience with birthday parties, classes The crafts retailer reimagined its class offering and introduced a party planning service for children in the U.S. as it leans into experience. RetailDive March 16, 2024March 16, 2024 < 1 min read Marketing: In StoreStrategy 0 Saving Bookmark this article Bookmarked
Data & Insights Empower your platform: here’s how to enhance functionality with conversion APIs In the contemporary digital landscape, the seamless exchange of data isn’t merely a convenience; it’s an imperative for businesses committed to achieving operational excellence. At the core of this data ecosystem are APIs that connect different systems and enable efficient communication. Among them, conversion APIs stand out as powerful tools proficient in translating data across […] Retail Technology Innovation Hub March 15, 2024March 15, 2024 4 min read Data & InsightsTechnology & InnovationPredictions and ForecastsOperations & Supply ChainMarketing: In StoreResults & InvestmentEconomyStrategyMarketing: Loyalty & SubscriptionHealth & WellnessDept. Nonfood 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital E-Grocery Business Showed Decline In February The February Brick Meets Click/Mercatus Grocery Shopper Survey is out, saying that “the U.S. online grocery market finished February with total monthly sales of $7.9 billion, down 10.5% compared to 2023.” According to the report, “Lower average order values (AOV) were the central catalyst driving the downward year-over-year sales trends as Ship-to-Home dropped 15.4% and […] MorningNewsBeat March 15, 2024March 15, 2024 2 min read DeliveryBOPISEconomyPredictions and ForecastsIndustry Conferences and EventsWeatherWalmartThick DataShoppersPartnershipsMarketing: In Store 0 Saving Bookmark this article Bookmarked
Shopper & Customer Gift Cards and the Age of Customer Loyalty Increasing customer loyalty is always top of mind for retailers. Loyal customers spend more money at their favorite businesses, patronize shops more often, and promote the brands they love to other consumers in their networks. To create loyal customers, forward-thinking retailers can utilize the tried-and-true gift card to engage customers and enhance buying experiences. In […] Sam Lituchy March 14, 2024March 14, 2024 3 min read ConsumersShoppersMarketing: Loyalty & SubscriptionMarketing: ShopperThick DataResults & InvestmentPredictions and ForecastsStrategyData & InsightsDeliveryMarketing: TradeMarketing: Social MediaMarketing: In StoreEconomyData VisualizationTechnology & InnovationBig Data 0 Saving Bookmark this article Bookmarked
Shopper & Customer Retail’s Great Balancing Act and Why Crowdsourcing is Key Consumers want convenience, personalization and value — it’s what pushed the U.S. retail market to a record $5.13 trillion in 2023. As inflation subsides, what shoppers want and how they spend will keep playing a big role in how the market evolves. Retailers need to keep pace with a more connected, savvy and discerning customer […] Dennis Moon March 14, 2024March 14, 2024 3 min read ShoppersConsumersDeliveryTechnology & InnovationOmnichannelOperations & Supply ChainConsultingData & InsightsMarketing: Direct & PersonalizationEconomyReturnsWhole FoodsCompetitionHoliday & EventsMarketing: Loyalty & SubscriptionCOVID19ExecutivesInclusivityBrick and MortarMarketing: In StorePricing & PromotionsResults & InvestmentESG and CSRAmazon 0 Saving Bookmark this article Bookmarked
Trends & External Forces Protecting Your Ideas and Designs as a Product Startup As a product startup, one of your most valuable assets is your intellectual property. This includes any original ideas, designs, or branding elements that set your products apart from others in the market. Without proper protection, these assets are vulnerable to being copied or used by competitors without your permission. In this blog post, we […] Retail Bound March 14, 2024March 14, 2024 3 min read GovernmentPackagingMarketing: BrandStrategyMarketing: In StoreLegal & Criminal 0 Saving Bookmark this article Bookmarked
Data & Insights Pacsun unites commerce channels with first-party data solution The retailer is the first consumer brand to take advantage of a partnership between SoundCommerce and Cordial that unites data and personalization. MarketingDive March 14, 2024March 14, 2024 < 1 min read Data & InsightsPartnershipsMarketing: In StoreMarketing: Direct & PersonalizationConsumers 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain The Home Depot expands distribution center network for pro orders Four new locations aim to reduce in-store congestion by directly shipping products like lumber and insulation to job sites. RetailDive March 14, 2024March 14, 2024 < 1 min read Operations & Supply ChainHome DepotMarketing: In StoreDelivery 0 Saving Bookmark this article Bookmarked
Channel: Grocery Your Views: Essential Lessons MNB reader Karl Graff emailed me about yesterday’s story concerning the staff of a Wisconsin Dollar General store that quit en masse, and my comment that “dollar stores in general have a reputation for cutting corners wherever and whenever possible, with low staffing levels that put enormous stress on the folks who do work there. […] MorningNewsBeat March 14, 2024March 14, 2024 3 min read AssociatesDept. GroceryRegional GroceryHealth & WellnessAhold DelhaizeDollar GeneralAlbertsons / SafewayPredictions and ForecastsMarketing: In StoreESG and CSRDept. NonfoodDept. PerimeterDept. PaperDept. HBCDept. FreshCOVID19Brick and MortarResults & Investment 0 Saving Bookmark this article Bookmarked
Technology & Innovation Visible and invisible tech stacks, and the upsides and downsides of “shadow IT” in martech and beyond Tech stacks are large. The empirical stack data we recently shared from Zylo, a leading SaaS management platform, showed that even after a year of belt-tightening, the average SMB (500 employees or less) still has 162 SaaS apps. Mid-market companies (500 to 2,500 employees) have 245. And large enterprises have 650. This isn’t particularly surprising […] chiefmartec March 13, 2024March 13, 2024 7 min read Technology & InnovationPredictions and ForecastsAssociatesData & InsightsSustainabilityStrategyESG and CSRDept. ApparelDept. NonfoodGoogleMetaverseMarketing: In StoreMarketing: Social MediaResults & InvestmentInsight ProvidersAgencies 0 Saving Bookmark this article Bookmarked
Shopper & Customer A Journey From Shameless Consumer to Conscious Consumer … and Maybe Even Eco-Warrior Whether we all realize it or not, there has been a shift in the force. We’re changing our stripes as a consumer-based society. Where once choice was primarily driven only by factors like quality, price, brand affinity, and even endorsement, now other, larger existential factors are impacting how we make purchase decisions — namely, how […] Mike Robinson March 13, 2024March 13, 2024 4 min read ConsumersSustainabilityData & InsightsDeliveryTechnology & InnovationAmazonMarketing: In StoreESG and CSROperations & Supply ChainResults & InvestmentAssociatesAgencies 0 Saving Bookmark this article Bookmarked
Media & Marketing Kohl’s Expands With Babies”R”Us In-Store Shops Kohl’s is expanding its retail strategy by partnering with WHP Global, owner of Toys”R”Us and Babies”R”Us, to open Babies”R”Us shops in its stores. RetailWire March 13, 2024March 13, 2024 < 1 min read Marketing: In StoreStrategyPartnershipsDept. Toys & GamesDept. NonfoodBrick and Mortar 0 Saving Bookmark this article Bookmarked
Media & Marketing Sociable: Meta announces range of updates to Advantage+ and shopping ads Meta revealed new functionality for its automated ad tools, including a new service that could help retail media networks with campaign measurement. MarketingDive March 13, 2024March 13, 2024 < 1 min read Meta (Facebook)Marketing: In StoreMarketing: Retail MediaDept. Nonfood 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Purple, Tempur Sealy Settle Mattress Firm Acquisition Concerns Purple Innovation, Inc., maker of the Purple mattress, and Tempur Sealy International, Inc., have established new partnership parameters amid Tempur Sealy’s planned acquisition of Mattress Firm. The companies also have “amicably resolved” their “various intellectual property disputes,” according to a Purple press release. Tempur Sealy initially announced its plans to acquire Mattress Firm in May […] Retail TouchPoints March 13, 2024March 13, 2024 2 min read AcquisitionPartnershipsTechnology & InnovationPress ReleaseMarketing: Social MediaConsumersInternationalMergersResults & InvestmentMarketing: In StoreStrategyGovernmentPredictions and ForecastsOperations & Supply ChainExecutivesBrick and MortarUnilever 0 Saving Bookmark this article Bookmarked
Corporate Strategy Sustainability Beyond Slogans: Actionable Strategies for Retailers In 2024, the demand for sustainable practices in retail is more than just a trend; it has become a fundamental shift in consumer expectations and regulatory requirements. Consumers increasingly make purchasing decisions based on a company’s environmental impact, looking beyond the surface to see which brands are committed to making a difference. Concurrently, governments worldwide […] Mike Szczesny March 12, 2024March 12, 2024 3 min read SustainabilityConsumersESG and CSRPackagingOperations & Supply ChainPredictions and ForecastsBrick and MortarConsultingDeliveryStrategyData & InsightsMarketing: In StoreShoppersGovernmentPartnershipsMarketing: Social MediaHealth & WellnessThick Data 0 Saving Bookmark this article Bookmarked
Shopper & Customer The Power of Mobile Apps for Grocery Stores Online grocery shopping has skyrocketed in popularity over the last four years. Today, major grocery store chains like Kroger and Albertsons offer mobile apps to their customers for easy ordering or delivery. Separately, third-party services such as Instacart work with shoppers to get their groceries delivered to their homes. This convenience and efficiency have turned […] Lawrence Snapp March 12, 2024March 12, 2024 3 min read ConsumersTechnology & InnovationAIShoppersOperations & Supply ChainThick DataMarketing: In StorePricing & PromotionsDeliveryMarketing: TradeBrick and MortarPredictions and ForecastsDept. NonfoodInstacartExecutivesKrogerAlbertsons / SafewayMarketing: Loyalty & SubscriptionRegional GroceryMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Technology & Innovation How Retailers Can Utilize Tech to Empower Their Workforces A human touch holds significant value in the retail customer experience and is important to get right. When done well, a customer’s interaction with in-store staff can increase sales opportunities and drive loyalty. However, a poor interaction can result in the complete opposite. Recently, technology adoption in retail has increased, with 88 percent of senior […] Amber Hovious March 12, 2024March 12, 2024 3 min read Technology & InnovationAssociatesAIShoppersMarketing: In StoreCustomer ExperienceOperations & Supply ChainMarketing: Direct & PersonalizationMarketing: Loyalty & SubscriptionOmnichannelMarketing: TradeTech: CashierlessConsumersBOPISBrick and MortarData & InsightsPartnershipsPricing & PromotionsDept. Nonfood 0 Saving Bookmark this article Bookmarked
Stores & Formats Kohl’s to Add Babies R Us Shop-in-Shops to 200 Stores Kohl’s said Tuesday that it’s teaming up with the owner of Babies R Us to bring baby gear, furniture and more to approximately 200 of its stores across the country, reports CNBC. The department store chain struck a licensing deal with WHP Global, a brand management firm with a portfolio that includes Bonobos, Joe’s Jeans, […] Kristina Stidham March 12, 2024March 12, 2024 2 min read Brick and MortarKohlsPartnershipsDept. Toys & GamesPredictions and ForecastsDept. NonfoodMerchandisingDept. ApparelDept. HBCExecutivesWalmartMarketing: In StorePress ReleaseResults & InvestmentMarketing: BrandBankruptcy 0 Saving Bookmark this article Bookmarked
Stores & Formats Kohl’s is Expecting…Babies ‘R’ Us Shop-in-Shops to Arrive at 200 Locations Later This Year WHP Global is following a familiar playbook for its relaunch of Babies ‘R’ Us. After opening the brand’s first brick-and-mortar location since its 2018 bankruptcy in July 2023, the company has now announced plans to bring Babies ‘R’ Us shop-in-shops to 200 Kohl’s locations this year. After filing for bankruptcy and shuttering all its U.S. stores, Babies […] Retail TouchPoints March 12, 2024March 12, 2024 2 min read Store LocationDept. NonfoodDept. Toys & GamesKohlsMerchandisingBrick and MortarHoliday & EventsBankruptcyMarketing: Social MediaMarketing: In StorePredictions and ForecastsPartnershipsFlagship StoresExecutivesDept. ApparelStrategy 0 Saving Bookmark this article Bookmarked
Channel: Grocery - Natural Amazon’s Missteps with Whole Foods Market Again? While the acquisition of Whole Foods by Amazon in 2017 brought potential benefits, there have also been criticisms of Amazon’s approach, including our own Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions. Here are 8 points often mentioned: 1. Branding: Buying Whole Food aka ‘Whole Paycheck’ Amazon missed an opportunity to reposition […] Grocerant Guru March 12, 2024March 12, 2024 3 min read Whole FoodsDept. GroceryAmazonData & InsightsConsumersShoppersRegional GroceryMarketing: BrandDept. FreshBrick and MortarAcquisitionOwned Brands (Private Label)AgenciesMarketing: Retail MediaAssociatesKrogerMarketing: In StoreMarketing: Loyalty & SubscriptionMarketing: ShopperMarketing: Social MediaSustainabilityDept. Perimeter 0 Saving Bookmark this article Bookmarked
Channel: Grocery Acquisitions, Divestitures & Mergers Trends & External Forces Court sets late August start date for hearing on Kroger-Albertsons merger A federal judge in Oregon will decide during the proceeding whether to grant the FTC’s request to block the transaction. Written by Grocery Dive March 12, 2024March 14, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Channel: Restaurants Department & Category Department: Consumer Durables Department: Food Department: Nonfood ESG Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Merchandising Kids Like to Go Out to Eat ask Chuck E. Cheese Don’t want to cook, don’t want to do dishes, well according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® your kids don’t want you hear you complain about cooking dinner either. Chuck E. Cheese has a new program for that has a great chance to make the entire family happy according […] Written by Grocerant Guru March 11, 2024March 14, 2024 Saving Bookmark this article Bookmarked
Channel: Grocery Corporate Finance Publix reports 49% growth in net earnings in FY23 US supermarket chain Publix has reported net earnings of $4.3bn in FY23, marking a 49% increase from FY22’s $2.9bn. The post Publix reports 49% growth in net earnings in FY23 appeared first on Retail Insight Network. Written by Retail Insights Network March 8, 2024March 8, 2024 Saving Bookmark this article Bookmarked
Channel: Mass Corporate Finance Media & Marketing Agencies & Vendors Data & Insights Trends & External Forces Target Q4 2023 Earnings Recap Target reported Q4 and 2023 financial results at its annual investor day on March 5, 2024. Quarterly comp performance improved sequentially from Q2 to Q4, but 2023 ended with comps down -3.7%. Profitability outperformed expectations as the company realized $2B of operating income growth in 2023 and reported notable gross margin improvements. The stock was […] Written by The Harvest Group March 8, 2024March 8, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces CPG: Food Channel: Ecommerce & Digital Channel: Grocery Channel: Mass Department & Category Department: Beverage Department: Food Department: HBC Acquisitions, Divestitures & Mergers Corporate Strategy Corporate Finance ESG Partnerships & Alt Profit Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Retail Operations Associates & Employees Operations & Supply Chain Owned Brands (Private Label) Stores & Formats 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. Written by Kroger March 7, 2024March 8, 2024 Saving Bookmark this article Bookmarked