Channel: Ecommerce & Digital A Modern Retail Masterclass with Billy May, CEO, Brooklinen Joining us for our final episode recorded in the Bambuser remote podcast studio/beach cabana at Mandalay Bay during Shoptalk is deeply experienced retail executive and current CEO of Brooklinen, Billy May. In a wide-ranging discussion of the evolution of DTC, e-commerce and harmonized retail, Billy lays out the essentials to building and growing remarkable retail […] Remarkable Retail Podcast April 30, 2024April 30, 2024 3 min read Technology & InnovationAIPodcastsInternational - North AmericaMarketing: Social MediaExecutivesAmazonPredictions and ForecastsDept. GroceryIndustry Conferences and EventsDept. ApparelGovernmentBrick and MortarTrends: RetailEconomyData & InsightsBankruptcyESG and CSRMarketing: BroadcastKrogerTikTokStreamingStrategyQ CommerceMeta (Facebook)MergersWalmart 0 Saving Bookmark this article Bookmarked
Data & Insights Tesco taps Eagle Eye AI and machine learning technology to help grocery giant personalise Clubcard promotions Eagle Eye has secured a one-year contract, with the option to renew for a further year, with Tesco for its AI powered Personalised Challenges solution. This is a digital platform which allows retailers to personalise promotions, providing customised challenges designed to reward incremental behaviour. In-built AI and deep machine learning facilitate hyper personalisation through its […] Retail Technology Innovation Hub April 30, 2024April 30, 2024 2 min read TescoTechnology & InnovationAIShoppersMarketing: TradeData & InsightsMarketing: Loyalty & SubscriptionConsumersAcquisitionExecutivesPricing & Promotions 0 Saving Bookmark this article Bookmarked
Technology & Innovation Amazon Pay Isn’t What It Used to Be. Will Its Top Employees Stick Around? Today at Big Technology, we’re continuing our series where Amazon veteran examines the company’s strategy and trajectory after working there for twelve years. This week, Coulter looks looks at the company’s stock-heavy pay strategy, and how it might influence its ability to retain top talent. Amazon Pay Isn’t What It Used To Be. Will Its […] Bigtechnology April 29, 2024April 29, 2024 6 min read Technology & InnovationAIAmazonAssociatesData & InsightsResults & InvestmentPodcastsPredictions and ForecastsStrategyBigTechMarketing: Social MediaExecutivesTikTokMeta (Facebook)EconomyGoogleMarketing: BroadcastStreamingStore LocationGovernmentInternational - UKMarketing: TradeDept. Toys & Games 0 Saving Bookmark this article Bookmarked
Technology & Innovation Estée Lauder CIO wants to bring AI to the forefront of beauty The cosmetics giant is collaborating with Microsoft on an innovation lab that will help it explore generative AI applications across its brands. RetailDive April 29, 2024April 29, 2024 < 1 min read Technology & InnovationAIDept. HBCExecutives 0 Saving Bookmark this article Bookmarked
Media & Marketing A Playbook for Selling on Social Media and Conquering TikTok DSI With more than 1 billion users worldwide, according to the Business of Apps, TikTok has become one of the most popular social media platforms globally. Now, it’s laying the groundwork to become one of the largest social commerce platforms, too. TikTok continues to invest in its shopping capabilities, with the launch of TikTok Shop and other […] Digital Shelf Institute April 29, 2024April 29, 2024 7 min read Marketing: Social MediaTikTokESG and CSRMerchandisingConsumersAldiRegional Grocerysocial commerceGoogleStrategyPodcastsAmazonPredictions and ForecastsData & InsightsHealth & WellnessDept. Natural / OrganicResults & InvestmentColgate-PalmoliveAssociatesExecutivesSustainabilityMarketing: BrandMarketing: TradeMarketing: UGCOperations & Supply ChainOwned Brands (Private Label)PartnershipsDept. GroceryAcquisition 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart becomes first brand in Roblox to enable physical purchases as it goes live with groundbreaking pilot Walmart is now able to sell physical goods directly to users inside Roblox. From today, Walmart Discovered users will be able to have real-life items shipped directly to their doorsteps. They will be greeted with a new storefront showcasing virtual twins of select items sold at physical Walmart stores. The feature will be gated specifically […] Retail Technology Innovation Hub April 29, 2024May 1, 2024 2 min read WalmartGamingTechnology & InnovationMarketing: Social MediaTwitterPredictions and ForecastsEconomyPartnershipsConsumersExecutivesDept. Toys & GamesDept. NonfoodDept. ApparelBrick and Mortar 0 Saving Bookmark this article Bookmarked
Data & Insights How AI Has Been on the Front Line Against Retail Fraud Over the last few years, there has been great momentum in the discussion about the current and potential impact of generative artificial intelligence (AI). Much like streaming providers during the pandemic or shovel salesmen during the gold rush, companies that supply the power behind AI applications have seen their valuations skyrocket. However, in the finance […] TotalRetail April 29, 2024April 29, 2024 3 min read AITechnology & InnovationLegal & CriminalData & InsightsChatGPTShoppersDept. NonfoodCustomer ExperienceStreamingResults & InvestmentExecutivesOperations & Supply ChainPredictions and ForecastsDeliveryMarketing: Digital MediaGoogleDept. PerimeterCOVID19Dept. Fresh 0 Saving Bookmark this article Bookmarked
Technology & Innovation Innovation, engagement soar at NACDS Annual Meeting PALM BEACH, Fla. – Sunday’s Business Program at the National Association of Chain Drug Stores (NACDS) Annual Meeting reflected NACDS’ commitment to innovation amid exponential change, through the strength of highly engaged retailer and supplier members and through effective and vibrant association leadership. Steven Anderson NACDS chair Mike Wysong, CEO of Care Pharmacies, and NACDS pPresident […] MMR April 28, 2024April 28, 2024 4 min read Technology & InnovationAIHealth & WellnessPredictions and ForecastsCOVID19Marketing: Social MediaExecutivesDept. PharmacyShoppersStrategyPartnershipsInclusivityBrick and MortarDept. GroceryESG and CSREconomyDept. NonfoodDept. FuelData & InsightsTrends: Retail 0 Saving Bookmark this article Bookmarked
Technology & Innovation 16 years later, the present — not future — of martech is here, but unevenly distributed The CMO Survey, a bi-yearly study of trends and perspectives from CMOs run by Duke University, Deloitte, and the AMA, has been one of the keystone research projects in the marketing industry for over a decade. It’s very well run, and I eagerly look forward to reading it every time it’s published. I was particularly […] chiefmartec April 28, 2024April 28, 2024 4 min read Technology & InnovationPredictions and ForecastsExecutivesVendorsAIThick DataStrategyShoppersAssociatesPartnershipsOperations & Supply ChainMetaverseMarketing: Direct & PersonalizationUnileverDept. NonfoodConsulting 0 Saving Bookmark this article Bookmarked
Shopper & Customer Best Buy Partners with Content-Rich CNET to Share Ads and Expertise Best Buy and media site CNET will work together to provide shoppers with experts’ picks and product reviews throughout their purchasing journey. The retailer and tech publisher’s new partnership also will allow advertisers to share ad spaces across both ecosystems, allowing them to see the impact of their campaigns through a full-funnel, closed-loop media solution. […] Retail TouchPoints April 28, 2024April 28, 2024 2 min read PartnershipsConsumersBest BuyTechnology & InnovationData & InsightsShoppersMarketing: Social MediaExecutivesMarketing: Retail MediaMarketing: Direct & PersonalizationBrick and MortarMarketing: UGCPredictions and ForecastsMarketing: In StoreThick Data 0 Saving Bookmark this article Bookmarked
Associates & Employees Furniture Retailer Moves to 100% Employee Ownership Model Room & Board has transitioned to a 100% Employee Stock Ownership Plan (ESOP), giving its 1,100 employees a financial stake in the Minneapolis-based company that generates annual sales exceeding $500 million. The retailer also has received B-Corp certification, amplifying its investment in both its employees and environmental stewardship. “At Room & Board our staff members […] Retail TouchPoints April 27, 2024April 27, 2024 < 1 min read AssociatesResults & InvestmentExecutivesSustainabilityMarketing: Social MediaPredictions and ForecastsPartnershipsESG and CSR 0 Saving Bookmark this article Bookmarked
Technology & Innovation Are LLMs About To Hit A Wall? Each new generation of large language model consumes a staggering amount of resources. Meta, for instance, trained its new Llama 3 models with about 10 times more data and 100 times more compute than Llama 2. Amid a chip shortage, it used two 24,000 GPU clusters, with each chip running around the price of a […] Bigtechnology April 26, 2024April 26, 2024 5 min read Technology & InnovationAIData & InsightsAmazonDept. GroceryPredictions and ForecastsMeta (Facebook)PodcastsBigTechSustainabilityExecutivesResults & InvestmentGoogleMarketing: Social MediaGovernmentTikTokMarketing: BroadcastAssociatesStreamingCryptoChatGPTDept. FreshStrategyDept. NonfoodDept. PerimeterDept. Toys & GamesDept. Fuel 0 Saving Bookmark this article Bookmarked
Data & Insights The Estée Lauder Companies and Microsoft look to reimagine the beauty industry with generative AI tools The Estée Lauder Companies and Microsoft Corp. have announced the creation of an AI Innovation Lab as an expansion of their global strategic relationship. Leveraging generative AI capabilities in Microsoft’s Azure OpenAI Service, the companies will work together to develop solutions for ELC’s more than 20 prestige beauty brands with the aim of creating closer […] Retail Technology Innovation Hub April 26, 2024April 26, 2024 2 min read Technology & InnovationAIData & InsightsConsumersDept. HBCDept. NonfoodPartnershipsInternational - UKChatGPTExecutivesInclusivityMarketing: VoicePredictions and ForecastsShoppers 0 Saving Bookmark this article Bookmarked
Media & Marketing Rebag, Newegg Join Growing List of Retailers Launching Membership Programs Membership programs are quickly becoming 2024’s hottest accessory, whether you’re a luxury resale platform or an electronics ecommerce site. Online marketplaces Rebag and Newegg have joined the growing roster of retailers launching membership programs. This year alone, the list of retailers that have launched or beefed up their loyalty and membership programs includes Albertsons, Carter’s, PetSmart, Target, Sunglass […] Retail TouchPoints April 26, 2024April 26, 2024 2 min read RecommerceMarketing: Loyalty & SubscriptionShoppersPredictions and ForecastsReturnsRegional GroceryAlbertsons / SafewayPricing & PromotionsLowesCVSTargetMarketing: TradeMarketing: Social MediaOperations & Supply ChainDept. NonfoodDeliveryBrick and MortarMarketing: Direct & PersonalizationExecutivesResults & InvestmentDept. HBCDept. Consumer ElectronicsConsumers 0 Saving Bookmark this article Bookmarked
Technology & Innovation TelevisaUnivision to Debut Shoppable TV Experience at Latin American Music Awards Spanish-language media and content company TelevisaUnivision has partnered with Shopsense AI to make some of its programming, on both linear and streaming platforms, shoppable. Using onscreen QR codes and dedicated URLs, the Shopsense technology makes onscreen content shoppable via mobile devices by directing viewers to a show-specific digital store. The partnership will kick off […] Retail TouchPoints April 25, 2024April 25, 2024 2 min read Technology & InnovationAIPartnershipsMarketing: BroadcastIndustry Conferences and EventsMarketing: Retail MediaStreamingMarketing: Digital MediaMarketing: Social MediaConsumersAmazonMarketing: Loyalty & SubscriptionPredictions and ForecastsInternational - North AmericaExecutivesWalmart 0 Saving Bookmark this article Bookmarked
Technology & Innovation Store workforce scheduling firm Orquest named winner of Retail Technology Show 2024 Innovation Awards Artificial intelligence driven in-store workforce scheduling solution, Orquest, has been announced as the winner of the 2024 Innovation Awards by Retail Technology Show 2024, which is taking place at London Olympia this week. Announced at the BIG Retail Party at the end of day one, Orquest was chosen from a shortlist of ten companies also […] Retail Technology Innovation Hub April 25, 2024April 25, 2024 2 min read Technology & InnovationAIPredictions and ForecastsAssociatesMarketing: Social MediaTwitterShoppersInternational - UKMarketing: In StoreCompetitionCustomer ExperienceSustainabilityStrategyOperations & Supply ChainHealth & WellnessExecutivesTrends: RetailEconomy 0 Saving Bookmark this article Bookmarked
Data & Insights Nurturing future leaders: Celebrating the graduates of Nielsen’s Diverse Leadership Network program Nielsen’s 2024 Diverse Leadership Network graduates strike the #inspireinclusion pose for International Women’s Day Nielsen is focused on creating a better media future for all people, and that starts inside our own company, with our people. One of our leadership development programs is the Diverse Leadership Network (DLN). Through the DLN, we are investing in […] Nielsen April 25, 2024April 25, 2024 2 min read Insight ProvidersBig DataPredictions and ForecastsInclusivityInternationalExecutivesAssociatesSustainabilityTrends: MarketingData & InsightsDept. Fresh 0 Saving Bookmark this article Bookmarked
Channel: Mass Video Forum: Kevin Host, Walmart Kevin Host, senior vice president of pharmacy at Walmart and incoming NACDS chairman, talks about the state of the association and the industry it represents. Host discusses his priorities at NACDS, including DIR reform and expanded scope of practice for pharmacists, as well as efforts to foster innovation and build synergies between pharmacy and the […] MMR April 25, 2024April 25, 2024 < 1 min read WalmartDept. PharmacyExecutivesTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Department: Nonfood Swipe fee costs average household more than $1,100 WASHINGTON – Soaring credit and debit card swipe fees cost the average U.S. household more than $1,100 last year, the Merchants Payments Coalition said. “American families should not get bilked for more than $1,100 each year on swipe fees,” MPC Executive Committee member and National Retail Federation Senior Director of Government Relations Dylan Jeon said. […] MMR April 25, 2024April 25, 2024 2 min read Dept. NonfoodGovernmentResults & InvestmentConsumersCompetitionLegal & CriminalExecutivesCOVID19Associates 0 Saving Bookmark this article Bookmarked
Shopper & Customer Mother’s Day spending expected to hit $33.5 billion WASHINGTON – Mother’s Day spending is expected to reach $33.5 billion this year, according to the annual consumer survey by the National Retail Federation and Prosper Insights & Analytics. The figure is the second highest in the history of the survey, following last year’s record $35.7 billion. “Mother’s Day is a time to celebrate the […] MMR April 25, 2024April 25, 2024 2 min read ConsumersDept. NonfoodHoliday & EventsThick DataExecutivesData & InsightsBrick and MortarShoppersStrategy 0 Saving Bookmark this article Bookmarked
Department & Category FMI taps Julie Savoie to lead workforce initiatives ARLINGTON, VA – FMI – The Food Industry Association, has tapped Julie Savoie to lead the association’s strategic direction for, and implementation of, member workplace and workforce initiatives. She will also help oversee the FMI sustainability agenda. Julie Savoie “Workforce capabilities are one of FMI’s Imperative Issues and have become particularly urgent in recent years,” […] MMR April 25, 2024April 25, 2024 2 min read SustainabilityAssociatesPredictions and ForecastsUnileverMarketing: Social MediaExecutivesDept. NonfoodDept. GroceryData & InsightsConsumers 0 Saving Bookmark this article Bookmarked
Shopper & Customer Influencers Significantly Drive Purchasing Decisions: Research In addition to a rising trust in influencers, the new report from Sprout Social shows nearly half of consumers make a purchase at least once a month because of influencers Influencers have cemented themselves as key components of modern marketing strategies, and new research reveals the significant power they have in directly shaping consumer purchasing […] Martechcube April 25, 2024April 29, 2024 3 min read ConsumersMarketing: Social MediaTechnology & InnovationAIESG and CSRPartnershipsShoppersMeta (Facebook)Predictions and ForecastsGamingEconomyMarketing: UGCMarketing: BroadcastDept. BeverageHealth & WellnessDept. GroceryExecutivesDept. HBCTikTok 0 Saving Bookmark this article Bookmarked
Channel: Drug Walgreens Boots Alliance Declares Quarterly Dividend DEERFIELD, Ill.–(BUSINESS WIRE)–Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced that its board of directors has declared a quarterly dividend of 25 cents per share, unchanged from the previous quarter. The dividend is payable on June 12, 2024, to stockholders of record as of May 21, 2024. Walgreens Boots Alliance and its predecessor company, Walgreen […] BusinessWire - Retail April 25, 2024April 29, 2024 < 1 min read WalgreensResults & InvestmentPredictions and ForecastsExecutives 0 Saving Bookmark this article Bookmarked
Stores & Formats The Backroom: With more closures ahead, what’s next for Macy’s? Under a new CEO, the iconic department store is fielding a $6.6 billion takeover offer, shuttering another 150 stores and fighting to stay relevant. RetailDive April 25, 2024April 25, 2024 < 1 min read ExecutivesBrick and Mortar 0 Saving Bookmark this article Bookmarked
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
Retailer Media Channel: Mass Corporate Strategy Partnerships & Alt Profit Media & Marketing Retailer Media Agencies & Vendors Data & Insights Shopper & Customer Trends & External Forces Kroger Delivers its First-Party Data to the Yahoo DSP Yahoo Advertising and Kroger Precision Marketing (KPM) — the retail media business of Kroger, powered by 84.51° — are teaming up to bring Kroger’s first-party, purchase-based audiences to the Yahoo Demand-Side Platform (DSP). Yahoo DSP advertisers can now activate KPM’s audiences to reach targeted consumers with their advertising and measure campaign results. While off-site advertising […] Written by Retail TouchPoints May 2, 2024May 2, 2024 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Technology & Innovation Amazon services outpace retail growth in Q1 The e-commerce giant’s third-party services, advertising, subscriptions and cloud unit generated double-digit revenue increases in the period. Written by RetailDive May 1, 2024May 2, 2024 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Channel: Grocery - Natural Department: Nonfood Corporate Finance Media & Marketing Retailer Media Data & Insights International Technology & Innovation Stores & Formats Amazon tops expectations for revenue, earnings SEATTLE – Amazon posted better-than-expected revenue and earnings in the quarter ended March 31. Net sales increased 13% from a year earlier to $143.3 billion. The company reported first-quarter net income of $10.4 billion, or 98 cents a diluted share, compared to $3.2 billion a year earlier. Amazon’s operating income surged to $15.3 billion, up […] Written by MMR May 1, 2024May 2, 2024 Saving Bookmark this article Bookmarked
Channel: Grocery Acquisitions, Divestitures & Mergers 5 things top news: Kroger tries to strengthen merger deal The most impactful news in the grocery industry for the week ending April 26 Written by Supermarket News April 30, 2024April 30, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces Department & Category Department: Food Department: HBC Corporate Strategy ESG Technology & Innovation Trends & External Forces Associates & Employees Stores & Formats Walmart to close all 51 health centers BENTONVILLE, Ark. — Walmart today said it has made the “difficult decision” to close its Walmart Health and Walmart Virtual Care clinics, citing a lack of profitability. “The decision to close all 51 health centers across five states and shut down the virtual care offering was not easy. We understand this change affects lives – […] Written by MMR April 30, 2024May 1, 2024 Saving Bookmark this article Bookmarked