Media & Marketing BONUS EPISODE: NRF “Big Show” Recap We’re just back from New York and the 2023 edition of the National Retail Federation’s Big Show. As we rest our weary legs, we hop back on the mic to share some of our key takeaways gleaned from the Expo floor, the conference stages, conversations in the halls, and at various events we attended. We […] Remarkable Retail Podcast January 27, 2023January 27, 2023 2 min read Marketing: SocialPodcastsShoppersTechnology & InnovationTwitterDept. GroceryInternational - North AmericaAmazonData & InsightsConsultingStrategyExecutives 0 Saving Bookmark this article Bookmarked
Technology & Innovation Pacsun Names 17-Year Company Veteran Co-CEO Pacsun has appointed President Brie Olson to the role of Co-CEO alongside Co-CEO Mike Relich, effective March 9, 2023. Current Pacsun Co-CEO Alfred Chang will step down after 17 years with the company to join Fear of God as CEO. Chang will stay with Pacsun in his current capacity until March 8 to facilitate the […] Retail TouchPoints January 27, 2023January 27, 2023 2 min read ExecutivesTechnology & InnovationMetaversePartnershipsTrends: TechPredictions and ForecastsMerchandisingMarketing: SocialDept. ApparelBrick and Mortar 0 Saving Bookmark this article Bookmarked
Technology & Innovation Should Your Business Invest in Technology Now? The big takeaway Your customers will respond to offerings that are genuinely useful and helpful to them, even in an economic downturn. The key is investing in innovation that adds value, rather than chasing what’s trendy. Need proof? Beauty giant L’Oreal has invested more in research and development every year, even in tough times. That […] Salesforce January 27, 2023January 27, 2023 5 min read Technology & InnovationShoppersResults & InvestmentDept. HBCExecutivesEconomyStrategyData & InsightsInsight ProvidersMetaverseMarketing: Direct & PersonalizationConsumersMarketing: SocialMerchandisingTargetTech: AR and VR 0 Saving Bookmark this article Bookmarked
Trends & External Forces CVS Health launches Community Equity Alliance WOONSOCKET, R.I. —CVS Health announced a new initiative that will address barriers to care in underserved communities across the country. The CVS Health Community Equity Alliance is being established to expand the community health worker workforce, enhance connections between health care institutions and communities and address disparities in heart health and mental health outcomes. The Alliance […] MMR January 27, 2023January 27, 2023 3 min read Health & WellnessCVSAssociatesDept. HBCPartnershipsStrategyESG and CSRTechnology & InnovationOmnichannelData & InsightsDept. NonfoodExecutivesInclusivityMarketing: SocialGoogle 0 Saving Bookmark this article Bookmarked
Department & Category Food Lion launches ‘food pharmacy’ pilot program SALISBURY, N.C. — Food Lion and Novant Health are collaborating to launch a food pharmacy pilot program at Novant Health New Hanover Regional Medical Center in Wilmington, NC. A leading omnichannel retailer serving towns and cities across 10 states, Food Lion is committed to nourishing neighbors and families, setting them up for success in life. […] MMR January 27, 2023January 27, 2023 2 min read Dept. GroceryAhold DelhaizeDept. PharmacyHealth & WellnessMerchandisingPartnershipsOmnichannelDept. FreshBrick and MortarExecutivesMarketing: UGCMarketing: BrandDept. DairyDept. PerimeterResults & InvestmentDept. BeverageData & InsightsPackagingStrategy 0 Saving Bookmark this article Bookmarked
Channel: Mass Meijer Grocery format debuts with two new stores GRAND RAPIDS, Mich. — Supercenter pioneer Meijer opened its first two Meijer Grocery stores in the Detroit metro area on Friday, introducing a more streamlined, food-focused shopping experience to customers in communities where there is no room for a full-sized Meijer store. “As a company, we’ve opened more than 500 supercenters, neighborhood markets and Meijer […] MMR January 27, 2023January 27, 2023 3 min read MeijerBrick and MortarShoppersDept. GroceryStore LocationPhilanthropyDept. FreshExecutivesDept. RefrigeratedDept. PerimeterPartnershipsDept. BakeryDept. HBCDept. Fresh PreparedDept. DeliMarketing: In StoreTech: CashierlessInclusivityHealth & WellnessDept. NonfoodEconomyDept. PharmacyDeliveryTechnology & InnovationBOPIS 0 Saving Bookmark this article Bookmarked
Channel: Grocery Ahold Delhaize USA pulls back the curtain on data Rom Kosla, chief information officer for the grocer’s Retail Business Services arm, shares how the company collects and stores information and turns it into actionable insights. Grocery Dive January 27, 2023January 27, 2023 < 1 min read Ahold DelhaizeData & InsightsExecutivesBrick and Mortar 0 Saving Bookmark this article Bookmarked
Trends & External Forces Walmart-owned Sam’s Club plans to open about 30 new stores over next five years [[ Getty Images Walmart-owned Sam’s Club on Thursday said it will open more than 30 new stores in the U.S., marking its most aggressive expansion in years. The warehouse club’s next store is expected to open in Florida in 2024. Sam’s Club also plans to open five fulfillment and distribution centers this year, with the […] CNBC January 27, 2023January 27, 2023 4 min read Brick and MortarWalmartCostcoData & InsightsOperations & Supply ChainEconomyCOVID19Dept. FuelAssociatesDept. GrocerySams ClubShoppersBOPISBed Bath & BeyondBJ’s Wholesale ClubDept. BeverageDept. PetPackagingDept. NonfoodCompetitionDeliveryDept. Fresh PreparedDept. FreshTechnology & InnovationExecutivesOwned Brands (Private Label)Predictions and ForecastsDept. Paper 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Hasbro warns of weak holiday quarter results, cuts 15% of its workforce [[ Getty Images Hasbro said Thursday it would eliminate around 1,000 employee positions and warned of weak holiday-quarter results. Shares of the toy maker fell more than 6% in extended trading. “Despite strong growth in Wizards of the Coast and Digital Gaming, Hasbro Pulse, and our licensing business, our Consumer Products business underperformed in the […] CNBC January 27, 2023January 27, 2023 2 min read Dept. Toys & GamesHoliday & EventsConsumersAssociatesResults & InvestmentSustainabilityStrategyPredictions and ForecastsOperations & Supply ChainExecutivesEconomyData & InsightsCOVID19 0 Saving Bookmark this article Bookmarked
Corporate Finance NRF 2023: Top Retail Influencers’ Key Takeaways The RETHINK Retail team ventured to NYC from January 14-17th for NRF 2023: Retail’s Big Show. While there, we had the opportunity to speak with attendees from our Top Retail Influencer community and learn about their event experience. #TRI members- April Sabral, Andrew Smith, Carl Boutet, Alberto Serrentino, Charles Haseman, Christine Russo, Guy Courtin, and […] Rethink Retail January 27, 2023January 27, 2023 5 min read Technology & InnovationMarketing: SocialData & InsightsOperations & Supply ChainShoppersPredictions and ForecastsExecutivesData VisualizationOmnichannelBrick and MortarCustomer ExperienceReturnsAssociatesTrends: RetailSustainabilityResults & InvestmentIndustry Conferences and EventsMerchandisingInsight ProvidersConsultingDept. ApparelVendorsMarketing: Loyalty & Subscription 0 Saving Bookmark this article Bookmarked
Corporate Strategy Kohl’s moves closer to naming permanent CEO Kohl’s is reportedly in “late-stage talks” to give interim CEO Tom Kingsbury the job on a permanent basis. Mr. Kingsbury, who joined Kohl’s board in 2021, has over 40 years experience in retail, most recently serving as chairman, president and CEO of Burlington Stores. RetailWire January 27, 2023January 27, 2023 < 1 min read ExecutivesBrick and Mortar 0 Saving Bookmark this article Bookmarked
Corporate Strategy Paula’s Choice CEO exits Tara Poseley, who has led the brand since 2016, is succeeded by Chief Marketing Officer Erika Kussmann. RetailDive January 27, 2023January 27, 2023 < 1 min read Executives 0 Saving Bookmark this article Bookmarked
Corporate Strategy Levi’s CEO: ‘The skinny jean is not going anywhere’ Baggy styles are on-trend and selling, but the closet staple is hanging around. Meanwhile, the company sees inventory returning to normal by mid-year. RetailDive January 27, 2023January 27, 2023 < 1 min read ExecutivesOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Technology & Innovation Blockchain, metaverse continue to command CMO interest despite snags Just 10% of surveyed marketers think the metaverse isn’t relevant to their industry while 41% plan to use blockchain in 2023, per Deloitte. MarketingDive January 27, 2023January 27, 2023 < 1 min read MetaverseTrends: TechblockchainExecutivesConsulting 0 Saving Bookmark this article Bookmarked
Corporate Strategy Snap makes latest exec appointment in monetization chase Ty Ahmad-Taylor comes from Meta and will serve as vice president of organic growth and product marketing during a pivotal period for the company. MarketingDive January 27, 2023January 27, 2023 < 1 min read ExecutivesMeta (Facebook)Health & WellnessDept. Natural / Organic 0 Saving Bookmark this article Bookmarked
Retail Operations What Will Grocery Bring in 2023? The start of a new year is the perfect time to predict the road ahead. As January begins, Rom Kosla, Chief Information Officer for Retail Business Services, is sharing his four IT predictions for 2023 and beyond: Omnichannel evolution: Online shopping and delivery have broadened customers’ grocery Retail Business Services January 27, 2023January 27, 2023 < 1 min read OmnichannelExecutivesDelivery 0 Saving Bookmark this article Bookmarked
Shopper & Customer How to Start a Retail Business Starting a business can be one of the most rewarding experiences of someone’s life, and the satisfaction that comes with owning a successful business can be life-changing. It isn’t all easy, but seeing your labor bear fruit can be worth the effort. Starting a retail business, in particular, is one of the most popular small […] RangeMe January 26, 2023January 26, 2023 8 min read ShoppersVendorsResults & InvestmentStrategyCompetitionTargetStore LocationDept. HBCMarketing: BrandOperations & Supply ChainDept. ApparelAssociatesTechnology & InnovationConsumersCustomer ExperienceLegal & CriminalDept. NonfoodDept. FreshPredictions and ForecastsExecutivesESG and CSRMarketing: SocialDept. Toys & GamesStart UpsPartnershipsData & InsightsBrick and MortarGovernment 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Nike’s Journey To Marketing Excellence When Nike’s ten business development principles were written by Rob Strasser in 1977 the words marketing, systems, research and planning were all dirty words inside of Nike’s culture. I know, I was there at a critical time in Nike’s growth. During those days Nike had very idiosyncratic, gruff, scruffy but brilliant leaders, who even thought […] Branding Strategy January 26, 2023January 26, 2023 8 min read Dept. ApparelStrategyMarketing: BrandTechnology & InnovationAmazonResults & InvestmentMarketing: TradeConsumersPartnershipsExecutivesOperations & Supply ChainData & InsightsDept. NonfoodData VisualizationTargetSustainabilityPredictions and ForecastsEconomy 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Sam’s Club to Add 30+ Larger-Format Stores, 5 New Fulfillment Centers Sam’s Club is embarking on an ambitious expansion of its physical footprint, beginning with five new fulfillment and distribution centers opening this year — the first, in Georgia, in Q3 2023. The club retailer also plans to open more than 30 larger-format stores, most of which will include enhanced perimeter departments, bigger healthcare spaces and […] Retail TouchPoints January 26, 2023January 26, 2023 2 min read Brick and MortarBOPISHealth & WellnessOperations & Supply ChainDept. FreshSams ClubDept. FuelOmnichannelExecutivesDept. Fresh PreparedResults & InvestmentDept. DairyDept. RefrigeratedDept. PerimeterDept. Adult BevDeliveryTech: Robotics 0 Saving Bookmark this article Bookmarked
RetailWit QuickWit The Daily QuickWit (1/26): Top Retail News Yesterday's top retail news and most read stories in commerce. RetailWit January 26, 2023January 26, 2023 2 min read AssociatesWalmartMarketing: SocialMarketing: Retail MediaTechnology & InnovationPredictions and ForecastsCostcoOperations & Supply ChainDeliveryCVSExecutivesMetaverseTrends: RetailPodcastsMondelezDept. PharmacyHealth & WellnessKrogerDollar TreeDept. ApparelTrends: Tech 0 Saving Bookmark this article Bookmarked 5
Corporate Strategy Planning for 2023 Retail Success in the Face of Evolving Consumer Behaviors In this informative and interactive webinar, attendees will receive data and insights from Sensormatic’s annual retailer post-holiday roundup. In addition, attendees will hear real-world insights from retail executives on how their businesses are approaching 2023. kkling January 26, 2023January 26, 2023 < 1 min read StrategyConsumersData & InsightsHoliday & EventsExecutives 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Foot Locker Cuts Corporate Staff, Closing Sidestep Banner Foot Locker is making cuts to its staff and store fleet as it looks to trim costs under new leadership. The footwear retailer on Thursday announced that it would eliminate an undisclosed number of “corporate and support roles,” which the company expects to account for about $18 million in cost savings on an annualized basis starting […] Joe Keenan January 26, 2023January 26, 2023 < 1 min read Dept. ApparelAssociatesBrick and MortarMarketing: Loyalty & SubscriptionOmnichannelEconomyExecutivesMerchandisingStrategyGovernmentTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Shopper & Customer Your Views: Spotlight We had a story the other day about a poll suggesting that while ;people were cutting back on day to day expenses, they still want to indulge in occasional luxuries, which prompted MNB reader Rich Heiland to write: I used to use a statistic about Millennials in one of my presentations about finding and attracting […] MorningNewsBeat January 26, 2023January 26, 2023 4 min read ConsumersDept. BeverageDeliveryTechnology & InnovationResults & InvestmentHoliday & EventsGovernmentExecutivesDept. NonfoodDept. ApparelData & InsightsCOVID19Associates 0 Saving Bookmark this article Bookmarked
Stores & Formats Sam’s Club plans to add 30 new clubs BENTONVILLE, Ark. — Buoyed by record membership growth, Sam’s Club on Thursday announced plans to open more than 30 new clubs across the country, starting with a unit in Florida that is slated to open next year. The Walmart division also revealed a multiple-year plan to invest in and modernize its supply chain through new […] MMR January 26, 2023January 26, 2023 3 min read Operations & Supply ChainBOPISStore LocationOmnichannelDept. FreshDeliveryHealth & WellnessSustainabilityPredictions and ForecastsResults & InvestmentDept. FuelExecutivesDept. RefrigeratedTechnology & InnovationTech: RoboticsDept. DairySams ClubInclusivityDept. Fresh PreparedDept. Adult BevWalmart 0 Saving Bookmark this article Bookmarked
Corporate Strategy The Athlete’s Foot builds out its marketing team The company promoted two executives and added two new positions including a social media coordinator and a marketing coordinator. RetailDive January 26, 2023January 26, 2023 < 1 min read Marketing: SocialExecutivesESG and CSRAssociates 0 Saving Bookmark this article Bookmarked
Department: Food The Fresh Market Lowers Customer Acquisition Cost with Technology What is freshness? How do your consumers know that the meal they buy from you is fresh other than searching the package looking for the date made or time cooked? So, we ask. What’s more relevant than livestream meal prep or cooking of dinner? Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®, […] Grocerant Guru January 26, 2023January 26, 2023 3 min read Dept. FreshThe Fresh MarketDept. GroceryShoppersMarketing: SocialConsumersData & InsightsAcquisitionMarketing: Retail MediaTechnology & InnovationHoliday & EventsTwitterMeta (Facebook)StrategyPredictions and ForecastsOperations & Supply ChainMerchandisingDept. PerimeterExecutivesMarketing: In StoreESG and CSR 0 Saving Bookmark this article Bookmarked
Corporate Finance Serta Simmons Bedding Files for Bankruptcy as Part of Agreement With Lenders Serta Simmons Bedding (SSB) has filed for Chapter 11 bankruptcy at the U.S. Bankruptcy Court for the Southern District of Texas. The filing is part of a “Restructuring Support Agreement with key financial stakeholders” aimed at reducing debt and enabling future investments, according to a company press release. The restructuring effort has the support of […] Retail TouchPoints January 25, 2023January 25, 2023 2 min read BankruptcyResults & InvestmentStart UpsOperations & Supply ChainInternationalAcquisitionPress ReleasePredictions and ForecastsPartnershipsExecutives 0 Saving Bookmark this article Bookmarked
Shopper & Customer 3 Ways Retailers Can Unlock New Levels of Customer Engagement in 2023 The beginning of the year is a time of great momentum and in the ever-evolving retail industry, you must always be prepared for what’s coming down the pipeline. In the past few years, I’ve seen a significant shift in retailers using technology to create more meaningful and personalized engagement strategies to inspire consumers to take […] Catherine Tabor January 25, 2023January 25, 2023 3 min read ShoppersTechnology & InnovationData & InsightsPartnershipsMarketing: Direct & PersonalizationConsumersMarketing: Loyalty & SubscriptionCustomer ExperienceAssociatesEconomyCompetitionExecutivesDept. NonfoodStrategy 0 Saving Bookmark this article Bookmarked
Corporate Finance Mattress Company Serta Simmons Files for Bankruptcy Serta Simmons Bedding, the Georgia-based mattress company, filed for Chapter 11 bankruptcy on Monday, saying the move is an attempt, in part, to reduce the company’s debt. The company, owned by private equity firm Advent International, said it’s “operating as normal” — it earmarked $125 million in financing to keep operating — and the restructuring […] Marie Albiges January 25, 2023January 25, 2023 < 1 min read BankruptcyResults & InvestmentInternationalEconomyConsumersSustainabilityExecutivesDept. Nonfood 0 Saving Bookmark this article Bookmarked
Technology & Innovation The Innovation Conversation: The Connecting-The-Dots Opportunity The continuing goal of “The Innovation Conversation” is to explore some facet of the fast-changing, technology-driven retail landscape and how it affects businesses and consumers. It is, we think, fertile territory … and one that Tom Furphy – a former Amazon executive who led the team that developed Amazon Fresh, and currently CEO and Managing […] MorningNewsBeat January 25, 2023January 25, 2023 < 1 min read Technology & InnovationConsumersExecutivesMarketing: SocialDeliveryAmazonPodcastsPartnershipsResults & InvestmentDept. FreshShoppersPredictions and ForecastsTrends: Retail 0 Saving Bookmark this article Bookmarked
Shopper & Customer Department: Nonfood Corporate Strategy Corporate Finance ESG Media & Marketing Agencies & Vendors Data & Insights Shopper & Customer Trends & External Forces Holiday & Events Operations & Supply Chain Millennials Dominated Holiday Shopping Spend — Here’s What it Means for 2023 In a year when holiday spending on gifts, travel and entertainment was down 1 percent from the year prior, one age group bucked that trend in a huge way. Millennials, perhaps aided by increased incomes due to “The Great Reshuffle,” told us it would spend a whopping 11 percent more than it did in 2021, […] Written by Kelly Pedersen January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked
Data & Insights Department: Consumer Durables ESG Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Holiday & Events Operations & Supply Chain Stores & Formats Retail Traffic Trends #112: Consumer Habits 2023 While some trends come and go, there were a few trends that have stayed with consumers throughout the year. As online shopping continues to be a popular choice for consumers, physical stores can offer shoppers perks that e-commerce can’t replicate. This week we look at trends to increase foot traffic and customer loyalty. […] Written by Doorcounts January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked
Channel: Grocery - Natural Channel: Grocery - Natural Data & Insights Technology & Innovation Stores & Formats Just Walk Out gives Whole Foods stores an edge, data shows The two stores in the chain outfitted with Amazon’s checkout-free technology did better in some ways than nearby locations without the automated system during the second half of 2022, Placer.ai found. Written by Grocery Dive January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked
Shopper & Customer Channel: Grocery Department: Food Shopper & Customer Trends & External Forces ShopRite adds online filters to help shoppers choose products and recipes The improvements are intended to help shoppers find products and recipes that meet specific criteria, such as dairy-free, vegan, vegetarian and gluten-free. Written by Grocery Dive January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked
Technology & Innovation Department: Nonfood Data & Insights Technology & Innovation 7 online grocery trends for retailers to watch Online grocery shopping is here to stay. Top online grocery trends include AI tools, drone delivery, data security, and ready-made meals. Written by Future of Commerce January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked