Technology & Innovation Retail Technology Show 2024: artificial intelligence impacting retail and society says Google executive “Technology is at the heart of societal and business transformation,” said Dex Hunter-Torricke, Head of Global Comms and Marketing at Google’s DeepMind specialist AI unit, as he shared some use cases with the conference audience at Retail Technology Show (RTS) 2024 today. The former Facebook and SpaceX executive is a vastly experienced specialist who shared […] Retail Technology Innovation Hub April 24, 2024April 24, 2024 2 min read Technology & InnovationAIPredictions and ForecastsData & InsightsGoogleExecutivesShoppersMeta (Facebook)Marketing: Social MediaHome DepotBest BuyOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Data & Insights Cantaloupe report: cashless, touchless payments surging MALVERN, Pa. – Cantaloupe Inc., a leading provider of end-to-end technology solutions for self-service commerce, has released its highly anticipated Cantaloupe 2024 Micropayment Trends Report. The report analyzes payment transaction data from a sample of more than 600,000 (out of 1.2 million) Cantaloupe card readers on food & beverage vending and amusement/gaming machines, as well as […] MMR April 24, 2024April 24, 2024 3 min read Dept. FreshData & InsightsTechnology & InnovationConsumersDept. BeverageAIPredictions and ForecastsGamingDept. GroceryExecutivesCOVID19Trends: Consumer 0 Saving Bookmark this article Bookmarked
Channel: Delivery DoorDash and Walgreens to empower SNAP recipients SAN FRANCISCO — DoorDash is collaborating with Walgreens to offer SNAP/EBT payment at nearly 7,800 Walgreens stores across the country. DoorDash says it is the first platform to enables SNAP customers to make purchases directly from Walgreens using their SNAP/EBT cards, and is also the first third-party delivery service provider to offer SNAP/EBT as a […] MMR April 24, 2024April 24, 2024 2 min read WalgreensFood DeliveryDoorDashDeliveryDept. GroceryBrick and MortarConsumersShoppersPredictions and ForecastsRestaurantsPricing & PromotionsPartnershipsExecutivesMarketing: Social Media 0 Saving Bookmark this article Bookmarked
Shopper & Customer Acosta: Grocery channel can grow with HBC/GM JACKSONVILLE, Fla. — The opportunities for grocery retailers to grow their health and beauty care and general merchandise sales are exponential, according to a new study by Acosta Group. In advance of this week’s 2024 National Association of Chain Drug Stores (NACDS) Annual Meeting, Acosta Group has shared the results of its recent proprietary Shopper […] MMR April 24, 2024April 24, 2024 3 min read Dept. HBCShoppersVendorsMarketing: In StoreConsumersDept. BeverageDept. GroceryDept. NonfoodBrick and MortarMarketing: TradeHealth & WellnessExecutivesStrategyPricing & PromotionsData & InsightsOmnichannelBig DataPredictions and ForecastsOwned Brands (Private Label)Dept. OTCMarketing: Loyalty & Subscription 0 Saving Bookmark this article Bookmarked
Technology & Innovation Wh-The-Tech with Nestlé Purina’s Padma Hari & Maesa’s Oshiya Savur In this episode, the CPG Guys speak with Padma Hari, Chief Digital Officer at Nestlé Purina & Oshiya Savur, Chief Brand & Marketing Officer at Maesa. Both co-host the “Wh-The-Tech” podcast. Subscribe to the “Wh-The-Tech” podcast: Apple Spotify Follow Padma on LinkedIn at: https://www.linkedin.com/in/padma-hari/ Follow Oshiya on LinkedIn at: https://www.linkedin.com/in/oshiya-savur/ Padma & Oshiya answered these […] The CPG Guys April 24, 2024April 24, 2024 2 min read Technology & InnovationPodcastsAIMarketing: Social MediaOmnichannelStreamingNestleMarketing: BroadcastConsumersExecutives 0 Saving Bookmark this article Bookmarked
Technology & Innovation Marketers Spend on New Technologies While Battling Usage and Impact Challenges The 32nd edition of The CMO Survey examines reoccurring questions related to marketing spending and performance, marketing leadership, and marketing jobs. In addition, managing marketing technology, generative AI, growth, and sustainability are special topics covered in this edition. Here are top takeaways, based on a sample of 292 marketing leaders at for-profit U.S. companies, 94% […] 0 Author Missing April 24, 2024April 24, 2024 4 min read Technology & InnovationAIThick DataExecutivesDept. NonfoodSustainabilityEconomyStrategyShoppersPredictions and ForecastsCustomer ExperienceAssociatesMarketing: Direct & PersonalizationData VisualizationDept. ApparelCOVID19Data & InsightsESG and CSRAmazonMarketing: Social MediaMarketing: TradeMarketing: UGCOperations & Supply ChainPartnershipsTargetMarketing: Brand 0 Saving Bookmark this article Bookmarked
Corporate Strategy UK-Based JD Sports to Acquire Rival Hibbett in $1.08B Deal JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about $1.08 billion, reports Reuters. JD Sports will pay $87.50 per Hibbett share in cash, representing a premium of about 20 percent to the U.S. firm’s last closing price. The combined company would have a global portfolio of about 25 brands […] TotalRetail April 24, 2024April 24, 2024 2 min read ExecutivesAcquisitionDept. ApparelInternational - UKPredictions and ForecastsPress ReleaseConsumersBrick and MortarMerchandisingOwned Brands (Private Label) 0 Saving Bookmark this article Bookmarked
Data & Insights Is B2B E-Commerce a Side Project? Think Again A great web store experience is critical to growth for business-to-business (B2B) companies. However, many B2B sellers are failing to meet buyer expectations, which is a significant business risk. According to insights from our B2B Buyer Report, 91 percent of buyers in the U.S. would switch suppliers after a bad experience trying to purchase on their […] TotalRetail April 24, 2024April 24, 2024 2 min read Data & InsightsShoppersDeliveryPredictions and ForecastsInsight ProvidersExecutivesDept. Nonfood 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Amazon Rolls Out Grocery Delivery Subscription Nationwide Following a pilot in three U.S. cities, Amazon is making its grocery delivery subscription available to all Prime members in the U.S. For $9.99 a month, Prime members will now have access to unlimited grocery delivery on orders over $35 from Amazon Fresh, Whole Foods Market and a variety of local grocery and specialty retailers, […] Retail TouchPoints April 24, 2024April 24, 2024 2 min read AmazonDeliveryDept. GroceryWhole FoodsBrick and MortarDoorDashFood DeliveryDept. FreshDept. BeverageDept. Adult BevRegional GroceryDept. PetLowesUbereatsMarketing: Social MediaPartnershipsMarketing: Loyalty & SubscriptionMarketing: In StoreBOPISPredictions and ForecastsBig LotsDept. NonfoodRite AidExecutives 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Amazon adds low-cost grocery delivery subscription option SEATTLE—In a bid to bring greater convenience to budget-minded food shoppers, Amazon has unveiled a new grocery delivery subscription option to Prime members and customers using EBT in over 3,500 cities and towns across the United States. Priced at $9.99 per month for Prime members, this subscription service offers unlimited grocery delivery on orders exceeding […] MMR April 24, 2024April 24, 2024 2 min read AmazonDeliveryWhole FoodsDept. GroceryRegional GroceryDept. FreshMarketing: Loyalty & SubscriptionBOPISMarketing: In StoreBrick and MortarShoppersPricing & PromotionsExecutives 0 Saving Bookmark this article Bookmarked
Agencies & Vendors RangeMe Review: How Due Diligence & Custom Offerings Land 2×4 Nutrition onto Retail Shelves Nothing irks a buyer more than a brand that goes into a meeting unprepared. In fact, the most common advice I hear from buyers with regards to supplier meeting prep is, “Do your homework.” You should have an idea about the buyer’s organization, the markets it serves, and – whenever possible – actual boots-on-the-ground experience […] RangeMe April 23, 2024April 23, 2024 4 min read VendorsShoppersWalmartMerchandisingData & InsightsDept. OTCTechnology & InnovationPackagingConsumersBrick and MortarMarketing: Social MediaCVSPricing & PromotionsSustainabilityDept. NonfoodExecutivesOperations & Supply ChainDept. Natural / OrganicBig Data 0 Saving Bookmark this article Bookmarked
Technology & Innovation The Unseen Ethical Considerations in AI Practices: A Guide for the CEO Adoption of artificial intelligence (AI) is only accelerating among global corporate enterprises, thus CEOs and business leaders are positioned at the confluence of innovation and ethics as it relates to implementing AI projects within their businesses. While technical prowess and business potential are usually the focus of conversations around AI, the ethical considerations are sometimes […] TotalRetail April 23, 2024April 23, 2024 < 1 min read Technology & InnovationAIExecutives 0 Saving Bookmark this article Bookmarked
Department & Category Walmart Suppliers Deliver Greenhouse Gas Reductions 6 Years Early Here’s some positive sustainability news for Earth Month. Walmart introduced Project Gigaton in 2017 with an ambitious goal: reducing, avoiding or sequestering one gigaton — that’s 1 billion metric tons — of greenhouse gas emissions by 2030. The more than 5,900 Walmart suppliers that now participate in the Project Gigaton consortium have delivered on that […] Retail TouchPoints April 23, 2024April 23, 2024 2 min read SustainabilityWalmartPredictions and ForecastsDept. FuelOperations & Supply ChainMarketing: Social MediaTechnology & InnovationDept. NonfoodExecutivesESG and CSR 0 Saving Bookmark this article Bookmarked
Technology & Innovation Disney Technology Executive Leaves Company for Personal Reasons Aaron LaBerge will stay on at Disney until June 2024. RetailWire April 23, 2024April 23, 2024 < 1 min read Technology & InnovationExecutivesPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit CDR, MMR partner with ECRM for special event TUCSON — Chain Drug Review and Mass Market Retailers have partnered with ECRM for Founders’ Innovation Day, an exclusive event designed for D2C and emerging brands to make the most of their potential at food, drug and mass retailers, and from e-commerce. The “day of insight, connection and growth” is being held on June 3 […] MMR April 23, 2024April 23, 2024 2 min read PartnershipsTechnology & InnovationExecutivesDept. HBCDept. Natural / OrganicVendorsOmnichannelMarketing: Social MediaMerchandisingOperations & Supply ChainPredictions and ForecastsResults & InvestmentStart UpsSustainabilityDept. GroceryData & Insights 0 Saving Bookmark this article Bookmarked
Trends & External Forces Federal court recognizes CRN’s ‘standing’ to sue WASHINGTON — The Council for Responsible Nutrition (CRN), the leading trade association for the dietary supplement and functional food industry, announced today that a federal judge in New York State’s age restriction law case ruled that the association has standing to sue on behalf of its members, allowing the case to move forward. A motion for […] MMR April 23, 2024April 23, 2024 2 min read ConsumersLegal & CriminalHealth & WellnessDept. HBCPredictions and ForecastsExecutivesDept. Grocery 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Leaders Leap Book Launch: Get Ready To Leap! We have an fantastic episode for you featuring the virtual launch event for Steve’s brand-new book, Leaders Leap, recorded Monday April 22nd. Steve is joined by a panel of extraordinary guests, all of whom are leaders in their respective fields. We have the privilege of hosting best-selling author and friend Seth Godin, an entrepreneur and […] Remarkable Retail Podcast April 23, 2024April 23, 2024 2 min read Technology & InnovationAIInternational - North AmericaPodcastsConsumersMarketing: Social MediaExecutivesDept. GroceryIndustry Conferences and EventsTractor Supply CompanyPredictions and ForecastsCustomer ExperienceTrends: RetailShoppersStrategyKrogerMeta (Facebook)TikTokStreamingConsultingAmazonMarketing: BroadcastInternational - UKBrick and MortarESG and CSRData & InsightsWalmart 0 Saving Bookmark this article Bookmarked
Technology & Innovation Ikea Creates Training Ecosystem to Support AI Literacy for 3,500 Employees Ingka Group, parent company of Ikea Retail, has set ambitious targets for boosting the AI literacy of its organization, including AI training for approximately 3,000 employees and 500 executives. The initiative will include a variety of courses, tailored to the needs of employees at various levels and in different phases of their AI journeys, with […] Retail TouchPoints April 23, 2024April 23, 2024 2 min read Technology & InnovationAIAssociatesPredictions and ForecastsData & InsightsMarketing: Social MediaDept. NonfoodShoppersTargetExecutives 0 Saving Bookmark this article Bookmarked
Technology & Innovation Including Wonder, mmERCH, and Pandion: ten retail technology funding rounds you need to know about RTIH rounds up ten retail systems ventures who have recently secured significant investments in their businesses, including blockchain enabled Web3 fashion startups, customer journey management platforms, and computer vision and AI powered warehouse inventory monitoring solutions. 1. TheyDo Customer journey management platform, TheyDo, has secured an additional $34 million in a Series A+ funding round. […] Retail Technology Innovation Hub April 23, 2024April 23, 2024 7 min read Technology & InnovationAIPartnershipsResults & InvestmentData & InsightsOperations & Supply ChainMarketing: Social MediaRestaurantsPredictions and ForecastsShoppersTwitterSustainabilityStart UpsDept. ApparelInternationalStore LocationDeliveryTech: RoboticsDept. GroceryAssociatesMarketing: In StoreDept. NonfoodExecutivesblockchainAmazonDept. FuelStrategyFood DeliveryCustomer ExperienceInclusivityCryptoGoogleMarketing: Retail MediaMeta (Facebook)UnileverEconomyAutonomous VehiclesConsumersPricing & PromotionsPress ReleaseWalmart 0 Saving Bookmark this article Bookmarked
Trends & External Forces Moderate growth seen for retail sales this year WASHINGTON — Retail sales this year will increase between 2.5% and 3.5% from 2023 levels, according to the latest forecast from the National Retail Federation (NRF), which foresees sales rising to between $5.23 trillion and $5.28 trillion. “The resiliency of consumers continues to power the American economy, and we are confident there will be moderate […] MMR April 23, 2024April 23, 2024 3 min read ConsumersEconomyPredictions and ForecastsDept. FuelAssociatesCOVID19Dept. GroceryExecutivesData & InsightsSustainabilityHealth & WellnessResults & InvestmentDept. Nonfood 0 Saving Bookmark this article Bookmarked
Technology & Innovation JLL Rolls Out Virtual ‘Shopping Bestie’ in 13 Centers JLL Retail Property Management has introduced a new virtual shopper agent named Cindy, designed to make the online experience more relevant and engaging at 13 of its shopping centers across the U.S. In addition to spotlighting the center’s sales and deals, Cindy gives consumers details on the latest fashion trends, acting as their exclusive “shopping […] Retail TouchPoints April 22, 2024April 22, 2024 2 min read Technology & InnovationAIShoppersStrategyMarketing: Social MediaDept. ApparelESG and CSRConsumersDept. BeverageDept. FreshDept. NonfoodInclusivityPartnershipsPredictions and ForecastsExecutivesAgencies 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Why It’s Time for Brands To Rethink Their Amazon Growth Strategy DSI “We cannot expect Amazon to develop or innovate in our category because that is not necessarily their desire.” — Martin Heubel, Founder of Consulterce As more brands search for ways to boost their profit margins both holistically and on specific retail channels, Amazon is undergoing its own transformation that could make it even harder for brands to be […] Digital Shelf Institute April 22, 2024April 22, 2024 9 min read AmazonStrategyMerchandisingMarketing: Social MediaCompetitionOperations & Supply ChainThick DataPodcastsPartnershipsShoppersMarketing: Retail MediaResults & InvestmentCustomer ExperienceConsumersVendorsData & InsightsDeliveryEconomyESG and CSRExecutivesMarketing: PrintSustainabilityPricing & PromotionsAssociatesMeta (Facebook)Walmart 0 Saving Bookmark this article Bookmarked
Corporate Finance Express Files for Bankruptcy, to Close Nearly 100 Stores Longtime mall retailer Express filed for Chapter 11 bankruptcy protection on Monday, however, a group of investors led by brand management firm WHP Global is looking to save the company by acquiring it. Express, whose portfolio includes its namesake banner, Bonobos and UpWest, said it will close 95 of its eponymous shops and all of […] TotalRetail April 22, 2024April 23, 2024 2 min read BankruptcyData & InsightsBrick and MortarWalmartOperations & Supply ChainOmnichannelTechnology & InnovationStore LocationMarketing: In StoreMarketing: BrandExecutivesStrategyConsumersPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Corporate Strategy Love.com’s CMO on Tapping Into the Conscious Shopping Trend In episode 449 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews John Agnew, chief marketing officer at Love.com, an online marketplace focused on sustainable, healthy products and charitable giving. Listen in as Agnew provides an overview of the company (0:55), discusses the conscious shopping trend (1:40), the consumer behaviors Love.com is trying to tap into […] TotalRetail April 22, 2024April 23, 2024 < 1 min read Trends: ShoppingExecutivesStrategyAcquisitionSustainabilityShoppersPodcastsPhilanthropyMarketing: Social MediaDept. ApparelConsumers 0 Saving Bookmark this article Bookmarked
Channel: Mass Wrangler, M&S, Anthropologie and More Mark Earth Day with New Sustainability Initiatives Brands have been touting their green credentials and launching new initiatives all month in the leadup to Earth Day, and those efforts have peaked now that that April 22 has arrived. Among the brands that saved their announcements for the day itself are Kering, Marks & Spencer, Wrangler, Asics and Anthropologie, all of which showcased […] Retail TouchPoints April 22, 2024April 22, 2024 6 min read SustainabilityConsumersDept. ApparelPartnershipsPackagingInternational - UKPhilanthropyShoppersHoliday & EventsPredictions and ForecastsMarketing: Social MediaHealth & WellnessTechnology & InnovationDept. BeverageInternationalExecutivesReturnsMarketing: In StoreOperations & Supply ChainBrick and MortarRecommerceDeliveryThick DataWalmartESG and CSRDept. NonfoodDept. Natural / OrganicData & InsightsAssociates 0 Saving Bookmark this article Bookmarked
Corporate Strategy JetBlue’s Ex-CEO Robin Hayes Takes the Helm at Airbus Americas Robin Hayes, the former CEO of JetBlue, is set to lead Airbus Americas. He steps into the role vacated by Jeff Knittel, who recently retired. Hayes served as JetBlue’s CEO for nine years before resigning on February 12. RetailWire April 22, 2024April 22, 2024 < 1 min read Executives 0 Saving Bookmark this article Bookmarked
Trends & External Forces Walmart adding 22 health clinics BENTONVILLE, Ark. — Walmart said it will open 22 Walmart Health clinics this year, including 18 in Texas. With the additions, Walmart will operate more than 70 physician-staffed health clinics in five states by year’s end. The company plans to introduce the clinics to a sixth market, Arizona, in 2025. “Walmart Health remains focused on […] MMR April 22, 2024April 22, 2024 3 min read Health & WellnessWalmartDept. HBCCOVID19ExecutivesDept. BeverageMarketing: In StoreDeliveryDept. PharmacyStore LocationPredictions and ForecastsInclusivityMarketing: Direct & PersonalizationBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Grocery Ahold Delhaize Taps Lyda as Chief Legal Officer SALISBURY, N.C. — Ahold Delhaize USA, the parent company of the grocery brands Food Lion, Giant Food, GIANT Co., Hannaford and Stop & Shop, has named Kim Lyda Chief Legal Officer. In this role, Lyda and her team will work closely Ahold Delhaize’s brands to provide legal counsel, as well as other services such as […] MMR April 22, 2024April 22, 2024 2 min read Ahold DelhaizeLegal & CriminalDept. NonfoodDept. GroceryRegional GroceryExecutivesGovernmentPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Inside the World’s Most Innovative Retail Stores As Head of Trends for Insider Trends, Jack Stratten has toured some of the world’s newest, and most innovative, retail stores. Through these tours, he has been able to uncover how consumer behaviors have shaped storytelling techniques, technology integration and more. During the NRF Big Show, Jack sat down with host Alicia Esposito to discuss […] Retail Remix Podcast April 22, 2024April 22, 2024 < 1 min read Technology & InnovationPodcastsBrick and MortarTrends: RetailIndustry Conferences and EventsPredictions and ForecastsConsumersExecutivesShoppers 0 Saving Bookmark this article Bookmarked
Corporate Strategy Marketing Seat at the Table “A sign of success by any marketer is if they get sponsorship around the boardroom table.” I like this observation from Abigail Comber, former CMO at Debenhams. It’s a reminder of how much of the marketing role is an inside job — the ability of marketers to influence the rest of the organization. MarketingWeek reported […] Tom Fishburne April 21, 2024April 21, 2024 3 min read Fun & HumorExecutivesSponsoredConsultingShoppersStrategyPredictions and ForecastsPartnershipsData & InsightsAssociates 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Media & Marketing Data & Insights Shopper & Customer Trends & External Forces 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 […] Written by Earnest Research April 24, 2024April 24, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces Corporate Finance Corporate Purpose ESG Media & Marketing Data & Insights Technology & Innovation Trends & External Forces 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 […] Written by Visual Capitalist April 24, 2024April 24, 2024 Saving Bookmark this article Bookmarked
Technology & Innovation Technology & Innovation AI boosts innovation in ingredient selection, formulation AI could minimize the traditional trial-and-error approach in product development. Written by Supermarket Perimeter April 24, 2024April 24, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Data & Insights Trends & External Forces Google Won’t Pull Cookies In 2024 Google announces it’s delaying its self-imposed deadline to deprecate third-party cookies on Chrome for the third time. The post Google Won’t Pull Cookies In 2024 appeared first on AdExchanger. Written by AdExchanger April 23, 2024April 24, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Brand loyalty or just habit? Study reveals that more than half of repeat purchases are due to routine, convenience and accessibility Brand loyalty is often depicted as devotion – a narrative of customer affection and fidelity. However, the findings revealed a deeper truth. Written by Retail Technology Review April 23, 2024April 24, 2024 Saving Bookmark this article Bookmarked