Department & Category IFF transitioning to new operating model Former Kellogg exec to lead food and beverage categories. Food Business News June 10, 2023June 10, 2023 < 1 min read Kellogg'sDept. BeverageExecutivesDept. Grocery 0 Saving Bookmark this article Bookmarked
Trends & External Forces NACDS implores North Carolina Senate to advance PBM bill RALEIGH, N.C. – The National Association of Chain Drug Stores is calling on North Carolina lawmakers to continue to stand up for North Carolinians in the face of “pharmaceutical benefit manipulation” in all its forms. A newly released PBM reform “explainer video” — with customized content unique to North Carolina — applauds the state government […] MMR June 9, 2023June 9, 2023 2 min read GovernmentMarketing: SocialDept. PharmacyOperations & Supply ChainExecutivesBrick and Mortar 0 Saving Bookmark this article Bookmarked
Technology & Innovation Perfect Corp. teams with Warner Bros. Pictures for The Flash interactive AR try-on experience Perfect Corp. has launched an interactive augmented reality (AR) experience for Warner Bros. Pictures’ upcoming film The Flash. Movie filters and effects are available free to users in the AR try-on app, YouCam Makeup, and photo-editing app, YouCam Perfect. The Flash virtual experience features an exclusive animated effect and stickers that invite users to activate […] Retail Technology Innovation Hub June 9, 2023June 9, 2023 < 1 min read Technology & InnovationAIMarketing: SocialTwitterInternational - UKTech: AR and VRPartnershipsMetaverseExecutivesESG and CSRDept. Nonfood 0 Saving Bookmark this article Bookmarked
Corporate Strategy Hostess execs energized by baking plant project New facility in Arkansas slated to open in Q4. Food Business News June 9, 2023June 9, 2023 < 1 min read Executives 0 Saving Bookmark this article Bookmarked
Technology & Innovation Innovation is next frontier for private brands: FMI While 82% of surveyed food retail executives said they are planning more store brand investments, only 10% said their organizations are “very far along” with innovation, per the trade group. Grocery Dive June 9, 2023June 9, 2023 < 1 min read Technology & InnovationOwned Brands (Private Label)StrategyExecutivesDept. Grocery 0 Saving Bookmark this article Bookmarked
Media & Marketing J.Crew teams with Obsess for immersive virtual experience celebrating 40th anniversary J.Crew has announced the launch of an immersive virtual store powered by experiential e-commerce platform Obsess. The 3D, shoppable experience celebrates the company’s 40th anniversary and takes the form of a beach house that features six rooms and a separate boathouse. The J.Crew Virtual Beach House also offers interactive content highlighting the brand’s heritage, along […] Retail Technology Innovation Hub June 9, 2023June 9, 2023 2 min read Technology & InnovationMarketing: SocialPartnershipsTwitterShoppersBrick and MortarMarketing: PrintDept. ApparelExecutivesPricing & PromotionsInternational - UKDept. FreshMerchandising 0 Saving Bookmark this article Bookmarked
Technology & Innovation Starring Apple, Poundland and Forever 21: RTIH’s biggest retail technology news stories of the week It’s Friday, the weekend is almost upon us, so let’s kick back and reflect on another eventful week for the retail systems space. Here’s your briefing on the most important stories from the past five days, including Emperia, Recite Me, Amperity, Walmart’s incubator arm Store No8, and Outlier Ventures. 1. Emperia – new Apple mixed […] Retail Technology Innovation Hub June 9, 2023June 9, 2023 4 min read Technology & InnovationAIMarketing: SocialTwitterShoppersData & InsightsWalmartExecutivesCryptoCustomer ExperiencePredictions and ForecastsDept. ApparelAssociatesInclusivityMetaverseConsumersTargetPartnershipsTrends: RetailDept. NonfoodDept. FuelMarketing: Loyalty & SubscriptionTrends: TechHealth & WellnessPepsiCoResults & InvestmentBrick and MortarblockchainInternational - UK 0 Saving Bookmark this article Bookmarked
Corporate Strategy MyForest Foods secures funding, hires new CEO Company raised over $15 million and hires Greg Shewchuck. Food Business News June 8, 2023June 8, 2023 < 1 min read Executives 0 Saving Bookmark this article Bookmarked
Technology & Innovation How to Combine AI and Human Creativity to Enhance the Retail Experience In today’s retail landscape, brands are embracing artificial intelligence and other cutting-edge technology solutions to keep up with the competition and provide their customers with the best possible shopping experiences. However, it’s equally important to maintain a personal touch and human element to create a truly immersive and engaging experience. The most successful retailers will […] Alexandre de Vigan June 8, 2023June 8, 2023 3 min read Technology & InnovationAIShoppersConsumersMarketing: Direct & PersonalizationDept. ApparelPredictions and ForecastsMarketing: In StoreDept. NonfoodOmnichannelEconomyCompetitionBrick and MortarMerchandisingMarketing: Loyalty & SubscriptionWalmartConsultingExecutivesMarketing: TradeMarketing: BrandMetaverseData & InsightsPop UpsPricing & PromotionsStore LocationStrategyTech: AITech: AR and VRTrends: RetailKroger 0 Saving Bookmark this article Bookmarked
Shopper & Customer 5 Tips for Growing Your E-Commerce Business Today, people are shopping online more than ever before. The reality is that many people just prefer the convenience of shopping from their mobile devices. To meet this demand, e-commerce has become widely accessible to entrepreneurs around the world thanks to Shopify. In fact, e-commerce sales are expected to grow 10.4 percent in 2023 alone, […] Eric Netsch June 8, 2023June 8, 2023 3 min read ShoppersInclusivityOmnichannelMarketing: In StoreTechnology & InnovationESG and CSRMarketing: SocialConsumersTargetStrategyDept. NonfoodData & InsightsShopifyData VisualizationExecutivesInternational - UKMarketing: Direct & PersonalizationStore LocationPredictions and ForecastsPricing & PromotionsMarketing: Brand 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Made in Chelsea star Ollie Proudlock picks Inventory Planner for Serge DeNimes jewellery brand Oliver Proudlock’s luxury jewellery brand is joining forces with Sage owned forecasting tool Inventory Planner. Proudlock’s Serge DeNimes venture is adopting the technology so its team is always across what products to buy and when to buy it as the business grows. “Inventory Planner by Sage has completely changed the way we work already,” says […] Retail Technology Innovation Hub June 8, 2023June 8, 2023 < 1 min read Operations & Supply ChainTechnology & InnovationShoppersMarketing: BroadcastInternational - UKExecutives 0 Saving Bookmark this article Bookmarked
Department: Food Food Retailers with YoY Customer Counts Down, Sales Slipping, and Rent Sky Rocketing Need to Evolve Here is some of what the team at Tacoma, WA based Foodservice Solutions® has heard from clients, at the National Restaurant Show, or read printed in other recent articles. The simple fact is that rent for food retailers including restaurants, C-Stores, Deli’s etc. are continuing to increase. In many spots around the country, they […] Grocerant Guru June 8, 2023June 8, 2023 5 min read Dept. GroceryData & InsightsShoppersDept. DeliDept. Fresh PreparedRestaurantsMarketing: SocialMerchandisingResults & InvestmentMarketing: In StoreBrick and MortarStrategyExecutivesPartnershipsEconomyTechnology & InnovationTwitterMeta (Facebook)Marketing: Loyalty & SubscriptionDeliveryConsultingDept. FreshDept. PerimeterConsumersCOVID19Data VisualizationDept. Adult BevDept. BeverageDept. FrozenESG and CSRInternational - North AmericaMarketing: TradeMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Media & Marketing Amazon Said To Plan Ad-Supported Tier For Prime Video The Wall Street Journal reports that Amazon “is planning to launch an advertising-supported tier of its Prime Video streaming service as it looks to further build its ad business and generate more revenue from entertainment.” The discussions of such an offering, the Journal writes, “come in the wake of cost-cutting reviews across the company’s businesses, […] MorningNewsBeat June 8, 2023June 8, 2023 4 min read AmazonStreamingDept. NonfoodDept. Toys & GamesMarketing: Digital MediaExecutivesStrategyResults & InvestmentMarketing: Loyalty & SubscriptionOperations & Supply ChainTechnology & InnovationPredictions and ForecastsMeta (Facebook)PodcastsEconomyMarketing: UGCMarketing: SocialGoogleData & InsightsMarketing: Broadcast 0 Saving Bookmark this article Bookmarked
Channel: Mass Target Leapfrogs Walmart For Upscale Grocery Approach Bloomberg has a story about how “a slew of retailers are beefing up their grocery investments to lure in consumers cutting back on non-essentials like clothing and electronics. But as they lay out plans to improve their food offerings and supply chains, the big question is how does one compete with the mighty Walmart Inc. on […] MorningNewsBeat June 8, 2023June 8, 2023 2 min read TargetWalmartWhole FoodsDept. GroceryTrader JoesBrick and MortarConsumersCompetitionExecutivesShoppersAmazonDept. PetDept. ApparelPackagingMarketing: Loyalty & SubscriptionStrategyDept. NonfoodPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Corporate Strategy GameStop fires CEO, names Ryan Cohen executive chairman; shares plummet [[“value”:”GameStop fired its CEO and appointed Ryan Cohen as executive chairman just months after the company reported its first quarterly profit in two years.”]] CNBC June 7, 2023June 7, 2023 < 1 min read Executives 0 Saving Bookmark this article Bookmarked
Retail Operations Alaiko, Europe’s fastest growing direct to consumer fulfilment provider, launches in the UK Europe’s leading direct to consumer e-commerce fulfilment company, Alaiko, is expanding into the UK. To serve the local market, its is partnering with a state-of-the-art fulfilment centre north of London. Unlike other logistics providers, Alaiko is a tech first fulfilment company. It enables shops to manage e-commerce operations from start to finish, using its unique […] Retail Technology Innovation Hub June 7, 2023June 7, 2023 2 min read International - UKOperations & Supply ChainShoppersDeliveryTechnology & InnovationReturnsInternationalConsumersCustomer ExperienceTech: RoboticsExecutivesGovernmentDept. NonfoodPartnershipsPredictions and ForecastsPricing & PromotionsResults & InvestmentStore LocationTrends: Tech 0 Saving Bookmark this article Bookmarked
Technology & Innovation Why Retailers Must Strive for Supply Chain Automation In April 2023, Walmart unveiled its plans to automate its supply chain network by 2026 to increase productivity and enhance the customer and associate experience. With customer expectations higher than ever and supply chain disruptions impacting inventory levels, we can expect many other companies to follow in Walmart’s footsteps by taking steps to automate their […] Shouvik Banerjee June 7, 2023June 7, 2023 3 min read Technology & InnovationAIOperations & Supply ChainVendorsData & InsightsWalmartShoppersPredictions and ForecastsDept. NonfoodSustainabilityTech: AIExecutivesCOVID19 0 Saving Bookmark this article Bookmarked
Technology & Innovation Technologies That Are Essential to a Successful Omnichannel Retail Organization Technological advancement continues to disrupt retail strategies, altering customers’ behavior and, consequently, retail businesses. New technologies influence customers as they switch between channels for research and shopping. Companies must focus on managing the numerous customer touchpoints available simultaneously. Omnichannel has become an appealing medium for retailers to interact with customers and sell their products and […] Ashwin Parmar June 7, 2023June 7, 2023 3 min read Technology & InnovationAIOmnichannelShoppersData & InsightsCustomer ExperienceConsumersOperations & Supply ChainMarketing: In StoreStrategyMarketing: Direct & PersonalizationPredictions and ForecastsDept. NonfoodExecutivesDeliveryBrick and MortarTrends: RetailMarketing: SocialPricing & PromotionsTech: AITech: IoT 0 Saving Bookmark this article Bookmarked
Trends & External Forces CEO Survey: Economy Remains Solid A Business Roundtable survey of more than 100 US CEOs concludes that “the breakneck pace of corporate hiring may slow in coming months, but the overall economy remains solid,” Axios reports. According to the story, “The view from the corporate suite is of an economy that can come off its inflationary hot boil — without […] MorningNewsBeat June 7, 2023June 7, 2023 2 min read EconomyExecutivesThick DataConsumersData & InsightsResults & InvestmentAssociates 0 Saving Bookmark this article Bookmarked
Media & Marketing Flipping Over Veggie Burgers with Actual Veggies’ Hailey Swartz The CPG Guys are joined in this episode by Hailey Swartz, co-founder of Actual Veggies, a manufacturer of chef-crafted, fresh & refrigerated burgers that celebrate vegetables instead of trying to mask them. Follow Hailey Swartz on LinkedIn at: https://www.linkedin.com/in/haileyswartz/Follow Actual Veggies on LinkedIn at: https://www.linkedin.com/company/actual-veggies/Follow Actual veggies online at: https://actualveggies.com/ Hailey answers these questions:1) Hailey, your […] The CPG Guys June 7, 2023June 7, 2023 2 min read Marketing: SocialPodcastsDept. FreshExecutivesDept. GroceryConsumersDept. RefrigeratedTechnology & InnovationDept. Perimeter 0 Saving Bookmark this article Bookmarked
Media & Marketing E-commerce integration platform as a service firm Patchworks joins the MACH Alliance E-commerce integration platform as a service (iPaaS), Patchworks, has joined the MACH Alliance as an ISV (independent software vendor) member. According to a press release: “A MACH (Microservices, API first, Cloud native SaaS and Headless) architecture gives companies a greater degree of agility, allowing them to deliver new features to customers at speed.” “As organisations […] Retail Technology Innovation Hub June 7, 2023June 7, 2023 2 min read Marketing: SocialTwitterPredictions and ForecastsTechnology & InnovationOperations & Supply ChainExecutivesUnileverPress ReleasePartnershipsDept. NonfoodCustomer Experience 0 Saving Bookmark this article Bookmarked
Media & Marketing Payments veterans Guy Harris and Eric M. Hoffman join chargeback management technology firm Chargebacks911 Chargebacks911 has announced the appointment of Guy Harris as its Chairman of the board, and Eric M. Hoffman as President of Interbank Solutions and board member. Monica Eaton, CEO and Founder at Chargebacks911, comments: “I couldn’t be more excited to bring onboard Guy Harris and Eric Hoffman. It is rare to find two financial powerhouses […] Retail Technology Innovation Hub June 6, 2023June 6, 2023 < 1 min read Technology & InnovationMarketing: SocialTwitterExecutivesConsumersResults & InvestmentPepsiCoInclusivity 0 Saving Bookmark this article Bookmarked
Data & Insights How Can AI Tools Transform the Retail Space? Artificial intelligence (AI) has become an increasingly popular tool across a number of industries, with the retail space being no exception. Earlier this year, a report published by Fact.MR showed that global AI in the retail market has the potential to surge to $8 billion by 2033, expanding at 30.3 percent on a compound annual […] Daniele Servadei June 6, 2023June 6, 2023 2 min read Technology & InnovationAIShoppersData & InsightsOperations & Supply ChainDept. NonfoodMarketing: Direct & PersonalizationMarketing: Loyalty & SubscriptionPredictions and ForecastsAssociatesDept. Toys & GamesExecutivesMarketing: TradePricing & PromotionsTech: AIMarketing: In Store 0 Saving Bookmark this article Bookmarked
Data & Insights The future of retail – Fast fashion brand Forever 21 taps Amperity customer data platform Amperity, an enterprise customer data platform (CDP), has announced a partnership with Forever 21. The fast fashion retailer says that it will now be able to provide more relevant, personalised customer experiences. reach more consumers, while enriching advertising campaigns through insights on cross-channel behaviour, data science scores, and content affinities. Forever 21 has a significant […] Retail Technology Innovation Hub June 6, 2023June 6, 2023 1 min read Technology & InnovationData & InsightsAIShoppersMarketing: SocialTwitterConsumersDept. ApparelPredictions and ForecastsTrends: RetailCustomer ExperiencePartnershipsMetaverseOmnichannelExecutivesDept. FuelTrends: TechMarketing: Loyalty & SubscriptionUnilever 0 Saving Bookmark this article Bookmarked
Technology & Innovation Walmart, Ebay Launch New Accelerator Programs Focused on Ecommerce, Web3 Walmart’s incubation arm, Store Nº8, and Ebay have both launched new accelerator programs aimed at supporting startups developing technologies designed to help shape the future of digital commerce. Store Nº8 Accelerator Aims to ‘Unlock’ Decentralized Commerce Store Nº8 has teamed up with Web3 investor and accelerator Outlier Ventures to launch the Store Nº8 dCommerce Base […] Retail TouchPoints June 6, 2023June 7, 2023 2 min read Technology & InnovationAICryptoWalmartPredictions and ForecastsResults & InvestmentEconomyMetaverseConsumersStrategyMarketing: SocialPartnershipsTrends: TechData & InsightsDeliveryMarketing: Direct & PersonalizationExecutivesblockchainStore Location 0 Saving Bookmark this article Bookmarked
Department: HBC Industry mourns Harvey Alstodt NEW YORK — Harvey Alstodt, an executive who played a key role in the success of Del Laboratories’ beauty products for more than two decades, passed away on June 3 at the age of 83 following a prolonged illness. Alstodt, renowned for his contributions to the beauty industry, joined Del Laboratories in 1985 after leaving […] MMR June 6, 2023June 6, 2023 < 1 min read Dept. HBCExecutivesHealth & WellnessCVS 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other UPDATED: Multiple Potential Purchasers Express Interest in BuyBuy Baby, Reports Say Bed Bath & Beyond has reportedly received interest in BuyBuy Baby from at least two bidders, according to CNBC. DTC baby registry website Babylist is looking at the retailer’s trademark and domain, while an unnamed bidder is looking at BuyBuy Baby as a going concern and has expressed interest in keeping 75% of stores open. […] Retail TouchPoints June 6, 2023June 6, 2023 2 min read Bed Bath & BeyondBrick and MortarResults & InvestmentBankruptcyShoppersOperations & Supply ChainMetaverseAcquisitionTrends: TechEconomyExecutivesFlagship StoresMarketing: SocialTikTok 0 Saving Bookmark this article Bookmarked
Technology & Innovation The key point of Google’s “we have no moat” memo on generative AI is that ecosystems are the moat A few weeks ago, an internal memo from Google (or so it was claimed) was leaked that warned, “We have no moat.” Allegedly, it was written by an AI researcher at the company who was explaining how the real competitive threat to Google’s generative AI initiatives wasn’t OpenAI. It was open source communities. If you […] chiefmartec June 6, 2023June 6, 2023 6 min read Technology & InnovationAIGoogleMeta (Facebook)ChatGPTPredictions and ForecastsShoppersConsumersDept. NonfoodDept. Toys & GamesGovernmentMarketing: SocialOperations & Supply ChainPodcastsExecutivesUnilever 0 Saving Bookmark this article Bookmarked
Technology & Innovation Walmart incubator arm Store No8 and Outlier Ventures target startups focused on building in Web3 Store No8, Walmart’s incubation arm, and Outlier Ventures, a Web3 investor, have announced the launch of the Store No8 dCommerce Base Camp accelerator programme. Applications open today, and the 12-week initiative will begin in mid-August. The aim is to help a select cohort of startups focused on building in Web3 to deliver solutions that improve […] Retail Technology Innovation Hub June 6, 2023June 6, 2023 2 min read Technology & InnovationWalmartAICryptoMarketing: SocialTwitterPartnershipsTargetEconomyMetaverseConsumersData & InsightsDeliveryblockchainESG and CSRExecutivesTrends: TechMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Shopper & Customer With Consumers Awash in Subscriptions, Brands Set Sights on Paid Membership The subscription economy has been the subject of dire headlines recently, with terms like “subscription fatigue,” “the great unsubscribe” and even “subscription apocalypse” being bandied about. Some stats support the gloomy outlook: according to Kearney, 40% of consumers feel they have too many subscriptions, and subscription ecommerce is predicted to have its slowest growth year […] Retail TouchPoints June 6, 2023June 6, 2023 7 min read ConsumersShoppersStreamingMarketing: Loyalty & SubscriptionAmazonTechnology & InnovationDept. NonfoodCostcoMarketing: SocialPricing & PromotionsRestaurantsMarketing: TradeEconomyDept. BeverageResults & InvestmentMarketing: Digital MediaExecutivesCompetitionReturnsDept. HBCPredictions and ForecastsDept. ApparelWalmartSustainabilityMarketing: In StoreData & InsightsMarketing: BroadcastDept. DeliPartnershipsESG and CSRDept. Fresh PreparedDeliveryMerchandisingBest BuyBlueApronBrick and MortarCOVID19Operations & Supply Chain 0 Saving Bookmark this article Bookmarked
Channel: Mass Channel: Grocery - Natural Channel: Mass Channel: Specialty & Other Department & Category Department: Consumer Durables Department: Nonfood Corporate Strategy Media & Marketing Shopper & Customer Trends & External Forces Merchandising Stores & Formats Target Leapfrogs Walmart For Upscale Grocery Approach Bloomberg has a story about how “a slew of retailers are beefing up their grocery investments to lure in consumers cutting back on non-essentials like clothing and electronics. But as they lay out plans to improve their food offerings and supply chains, the big question is how does one compete with the mighty Walmart Inc. on […] Written by MorningNewsBeat June 8, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Department: Beverage CPG: Adult Beverage CPG: Beverage CPG: Food CPG: Food & Bev CPG: HBC Channel: Ecommerce & Digital Channel: Restaurants Department & Category Department: Adult Beverage Department: Beverage Department: Food Department: HBC Department: Nonfood Corporate Strategy Corporate Finance Corporate Purpose ESG Media & Marketing Agencies & Vendors Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Merchandising Operations & Supply Chain Circana reveals 2022 New Product Pacesetters CHICAGO – Circana, formerly IRI and The NPD Group, has released its 2022 New Product Pacesetters, the 28th annual report revealing the top new product launches across food and beverage and nonfood sectors. The report illustrates the enduring power of CPG innovation, revealing that consumer spending on new product offerings remained elevated last year despite challenges […] Written by MMR June 8, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Channel: Mass Channel: Mass Acquisitions, Divestitures & Mergers Media & Marketing Retailer Media Shopper & Customer Trends & External Forces Owned Brands (Private Label) Walmart Upgrades Its Digital Ad Network From Advertising Age: “Walmart Connect, which has made huge gains in recent years through digital advertising, is testing ways to bolster in-store pieces of its retail media network. “For the first time, Walmart Connect is selling ads on its revamped in-store radio network and integrating sampling programs with online offerings. While aspects of Walmart Connect’s […] Written by MorningNewsBeat June 7, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Channel: Grocery Trends & External Forces Stores & Formats H-E-B expands its discount format Several years after opening its last Joe V’s location, H-E-B is reigniting the banner with two locations set to open in Dallas by 2025. Dive Brief: H-E-B announced Tuesday it is opening two Joe V’s Smart Shop by H-E-B stores in Dallas, marking the first time the grocer’s discount format will appear outside of the Houston area. […] Written by Grocery Dive June 7, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Retailer Media ESG Media & Marketing Retailer Media Shopper & Customer Operations & Supply Chain Giant Eagle launches in-house retail media network Leap The platform leverages the chain’s loyalty program, bringing personalized ads to shoppers in-store, in-app, on social media and elsewhere, said Damian Scott, who heads up the grocer’s retail media and front-end digital operations. Dive Brief: Giant Eagle announced on Wednesday the debut of Leap Media Group, an in-house retail media arm that leverages the regional […] Written by Grocery Dive June 7, 2023June 8, 2023 Saving Bookmark this article Bookmarked