Retailer Media Exclusive: Google Debuts New Retail Media Solution with Lowe’s as First Beta Tester Google wants a bigger piece of the traffic driven by retail media advertising. To start getting it, the tech company has launched a new offsite retail media solution in closed beta. Lowe’s has signed on to be one of the first retailers to test the solution for what will be the first offsite retail media […] Retail TouchPoints March 18, 2024March 18, 2024 3 min read Marketing: Retail MediaGooglePartnershipsLowesData & InsightsOperations & Supply ChainAgenciesMarketing: Social MediaPredictions and ForecastsConsumersStore LocationDept. HBCTechnology & InnovationShoppersTargetSustainabilityBrick and MortarTrends: Retail 0 Saving Bookmark this article Bookmarked
Corporate Strategy Rough Week for Retail CEOs: Top Execs Out at Petco, Under Armour, Fossil It was a tough week to be at the top in retail with a number of companies announcing CEO switch-ups following disappointing performances, including Petco, Under Armour, Fossil Group and, as Retail TouchPoints previously reported, Allbirds. Former Best Buy COO to Lead Petco While CEO Search Gets Underway Ron Coughlin — who led Petco through […] Retail TouchPoints March 15, 2024March 15, 2024 4 min read ExecutivesPredictions and ForecastsResults & InvestmentMarketing: Loyalty & SubscriptionStrategyShoppersHealth & WellnessBest BuyDept. ApparelPartnershipsMarketing: Social MediaReturnsCustomer ExperienceInternationalOperations & Supply ChainHoliday & EventsLowesConsumersStart UpsTechnology & InnovationDeliveryBrick and MortarCOVID19EconomyAssociates 0 Saving Bookmark this article Bookmarked
Data & Insights Key Takeaways From the Wiser Industry Leaders Retail Panel: Retail Innovation and Strategy With the global pandemic acting as a catalyst for change, retailers have been thrust into a new realm of challenges and opportunities. The acceleration in the adoption of digital tools and strategies has become a lifeline for many, enabling them not only to survive but to thrive amidst unprecedented conditions. A recent panel hosted by […] Wiser Retail Strategies March 8, 2024March 8, 2024 5 min read Data & InsightsDept. NonfoodShoppersTechnology & InnovationOperations & Supply ChainStrategyCOVID19Marketing: In StoreCustomer ExperienceAssociatesConsumersPredictions and ForecastsTrends: RetailBrick and MortarMerchandisingMarketing: Social MediaSustainabilityTargetOmnichannelBOPISDeliveryDept. AppliancesResults & InvestmentEconomyExecutivesGovernmentHome DepotLowesPricing & PromotionsMarketing: Loyalty & SubscriptionMarketing: Trade 0 Saving Bookmark this article Bookmarked
Trends & External Forces Retailing in a Time of Mass Distraction with Andrea Dorigo, Adidas Head of Global Retail Our guest this week is Andrea Dorigo Head of Global Retail for Adidas. Andrea shares many strategic leadership lessons gleaned from his incredibly deep and diverse experience working across a spectrum of international brands. Now he leads a network of more than 2,000 stores for one of the world’s most iconic vertically integrated brands. We […] Remarkable Retail Podcast March 5, 2024March 5, 2024 2 min read PodcastsGovernmentMarketing: Social MediaPredictions and ForecastsDept. ApparelShoppersInternational - North AmericaDept. GroceryData & InsightsResults & InvestmentPartnershipsTechnology & InnovationInternationalIndustry Conferences and EventsBrick and MortarConsumersESG and CSRConsultingHoliday & EventsWarby ParkerBest BuyStart UpsStrategyLowesAmazon 0 Saving Bookmark this article Bookmarked
Channel: Home Improvement Lowe’s Beats Revenue Expectations Despite Declining Sales Shares of Lowe’s have seen an uptick following the release of its fourth-quarter report. RetailWire February 27, 2024February 27, 2024 < 1 min read Lowes 0 Saving Bookmark this article Bookmarked
Channel: Home Improvement Lowe’s net sales fall 17% in Q4 Executives announced $140 million in discretionary year-end bonuses for assistant store managers and front-line workers. RetailDive February 27, 2024February 27, 2024 < 1 min read LowesExecutivesAssociates 0 Saving Bookmark this article Bookmarked
Agencies & Vendors 4 Product Submissions, 4 Buyer Meetings, 4 Deals: How GearHaul Did it with RangeMe One of the benefits of being a RangeMe Starter or Premium subscriber brand is the opportunity to submit products to buyers who have immediate, limited-time opportunities that take place throughout the year. During these campaigns, retailers, distributors and foodservice operators invite brands that meet specific criteria to submit their products to be considered for placement […] RangeMe February 15, 2024February 15, 2024 8 min read VendorsMarketing: Social MediaDept. NonfoodLowesShoppersWalmartBrick and MortarDept. GroceryDept. FuelCompetitionTractor Supply CompanyESG and CSRTechnology & InnovationData & InsightsMerchandisingConsumersMarketing: BroadcastBOPISMarketing: Retail MediaMeta (Facebook)StreamingAmazon 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables How Amazon is infiltrating the large appliances category For a time, big-box home improvement stores seemed insulated from Amazon’s low prices and scale. Home Depot and Lowe’s sold items that were too big to ship, or that DIYers needed immediately, not delivered in a few days. Large appliances like refrigerators and ovens offered a firewall of sorts. Has that firewall held? Yes and […] Yipitdata February 14, 2024February 15, 2024 2 min read Data & InsightsAmazonDept. NonfoodDept. AppliancesHome DepotLowesDept. BeverageDept. ApparelBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Home Improvement How to Get Your Product into Home Depot or Lowes As a hardware and improvement product manufacturer, getting your products into major retailers like Home Depot and Lowes can be a huge opportunity for growth. With their extensive customer base and nationwide presence, these big box stores are the ideal platform to showcase your products. But how exactly do you get your foot in the […] Retail Bound February 13, 2024February 13, 2024 3 min read LowesHome DepotOperations & Supply ChainTechnology & InnovationShoppersCompetitionMarketing: UGCPackagingData & InsightsDept. NonfoodESG and CSRMarketing: Social MediaPartnershipsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Shopper & Customer New Tech Uses Cellphones To Access Locked-Up Products CNN has a story about a possible new solution for retailers who feel they have to lock up certain products because of theft, which alienates actual customers who hate the inconvenience of having to ask employees for assistance in getting access to those items. According to the story, some stores are “testing a security tool […] MorningNewsBeat January 31, 2024January 31, 2024 2 min read Technology & InnovationShoppersRegional GroceryPredictions and ForecastsMerchandisingMarketing: Loyalty & SubscriptionLowesLegal & CriminalKrogerBrick and MortarAssociatesAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Channel: Mass Target, Lowe’s Work with RILA to Develop Tool to Measure Products’ Emissions To help retailers determine the post-purchase carbon impact of products like appliances, electronics and outdoor power equipment, the Retail Industry Leaders Association (RILA) has partnered with Optera to develop the Direct-Use Product Emissions Database (DPED). The DPED will help fill current reporting gaps and align how retailers measure, compare and communicate greenhouse gas emissions. It […] Retail TouchPoints January 30, 2024January 30, 2024 2 min read TargetLowesSustainabilityDept. NonfoodDept. AppliancesData & InsightsPredictions and ForecastsMarketing: Social MediaDept. FuelConsumersExecutives 0 Saving Bookmark this article Bookmarked
Channel: Home Improvement Lowe’s names new EVP of supply chain The home improvement retailer promoted company veteran Margi Vagell to take over for the retiring Don Frieson. RetailDive January 17, 2024January 17, 2024 < 1 min read Operations & Supply ChainLowesExecutives 0 Saving Bookmark this article Bookmarked
Retailer Media Retail Media: Everything You Need to Know For several years now the term “retail media” has been buzzing around both retail and media circles. Whether you’re looking for a deeper understanding of the implications and applications of retail media or need a down-and-dirty explainer on what retail media actually is, you’ve landed in the right place. This special Retail TouchPoints resource hub […] Retail TouchPoints January 12, 2024January 12, 2024 14 min read Marketing: Retail MediaPartnershipsData & InsightsInstacartConsumersMarketing: Social MediaAmazonMarketing: BroadcastWalmartDeliveryESG and CSRKrogerMarketing: In StoreTargetBrick and MortarTechnology & InnovationShoppersPredictions and ForecastsRegional GroceryHy-VeeResults & InvestmentDollar GeneralLowesSustainability84.51StreamingRoundelWalmart ConnectMetaverseAlbertsons / SafewaySams ClubGamingDrizlyOmnichannelSponsoredWalgreensConsultingMarketing: OOHAgenciesPricing & PromotionsMeta (Facebook)ExecutivesCVSCustomer ExperienceInsight ProvidersBest BuyTikTokMarketing: Digital MediaDept. FuelDept. NonfoodGoogleTrends: TechStrategyHome Depotsocial commerceJ&JStore LocationInternational - UKMarketing: BrandMarketing: ShopperMarketing: UGCOperations & Supply ChainPackagingAlimentation Couche-TardTrends: MarketingUnileverCircle KBig DataCryptoCostcoBJ’s Wholesale ClubMerchandising 0 Saving Bookmark this article Bookmarked
Channel: Home Improvement Lowe’s Launches New Loyalty Program for DIYers Lowe’s has launched a new loyalty program for “DIYers” that will sit alongside its existing MVP loyalty program for home improvement professionals. The new MyLowe’s Rewards program will offer do-it-yourself customers exclusive savings on items they need for their homes and allow them to earn rewards toward future purchases. “Lowe’s has been serving DIY customers […] Retail TouchPoints January 10, 2024January 10, 2024 3 min read LowesMarketing: Loyalty & SubscriptionShoppersOperations & Supply ChainDeliveryPredictions and ForecastsExecutivesDept. NonfoodData & InsightsMarketing: Social MediaMarketing: BrandPricing & PromotionsMarketing: In StoreMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Channel: Home Improvement Lowe’s Launches New Loyalty Program for DIYers Lowe’s has launched a new loyalty program for “DIYers” that will sit alongside its existing MVP loyalty program for home improvement professionals. The new MyLowe’s Rewards program will offer do-it-yourself customers exclusive savings on items they need for their homes and allow them to earn rewards toward future purchases. “Lowe’s has been serving DIY customers […] Retail TouchPoints January 10, 2024January 22, 2024 3 min read LowesMarketing: Loyalty & SubscriptionShoppersOperations & Supply ChainDeliveryPredictions and ForecastsExecutivesDept. NonfoodData & InsightsMarketing: Social MediaMarketing: BrandPricing & PromotionsMarketing: In StoreMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Media & Marketing The Big Idea is Broken. Welcome To Weirdvertising. Is it just me, or is advertising getting weirder? There was a time not long ago when brands and ad agencies would talk about the big idea and the importance of telling a compelling story. But these days, with TikTok dominating the social media landscape, it seems like big ideas are being traded in for […] Retail TouchPoints January 4, 2024January 4, 2024 6 min read Marketing: Social MediaTikTokUnileverHoliday & EventsMarketing: BrandConsumersDept. NonfoodAgenciesMars Inc.ESG and CSRData & InsightsTechnology & InnovationExecutivesStrategySustainabilityTargetLowesTrends: MarketingPepsiCoDept. FreshDept. DairyCostcoPredictions and ForecastsShoppers 0 Saving Bookmark this article Bookmarked
Data & Insights 7 Stories that Shaped 2023 — and What They Foretell for 2024 The editors of Retail TouchPoints are sharing our picks for the seven most consequential stories of 2023. As usual, there were lots to choose from — that’s standard for such a dynamic industry — but these were the topics that had “legs” (and are likely to continue to be important in 2024). 1. Resale Continued […] Retail TouchPoints December 24, 2023December 24, 2023 5 min read AITechnology & InnovationConsumersData & InsightsExecutivesGovernmentPredictions and ForecastsDept. ApparelMarketing: BroadcastRecommerceResults & InvestmentShoppersBrick and MortarAssociatesOperations & Supply ChainOmnichannelMarketing: Social MediaCompetitionChatGPTAmazonMarketing: Direct & PersonalizationBed Bath & BeyondSustainabilityWalmartPartnershipsMeta (Facebook)Dept. NonfoodESG and CSRMerchandisingTargetMarketing: Retail MediaInclusivityDept. OTCLegal & CriminalLowesOwned Brands (Private Label)GoogleHoliday & EventsKohlsTikTokMarketing: In StorePricing & PromotionsStart UpsStreamingStrategyDept. Sporting goodsWeather 0 Saving Bookmark this article Bookmarked
Channel: Home Improvement Healthy Family Project reaches milestone with Lowes Foods [[“value”:” Lowes Foods is the first retail partner of Shuman Farms’ Healthy Family Project to partner with 21 brands throughout the fresh perimeter and host an inaugural Season of Sharing. “]] 0 Author Missing December 21, 2023December 21, 2023 < 1 min read LowesPartnershipsDept. PerimeterDept. Fresh 0 Saving Bookmark this article Bookmarked
Data & Insights The Growing Influence of Home Improvement Pros In the aftermath of the Covid-19 pandemic, the home improvement landscape has undergone a transformative shift as seen in YipitData’s new Home Improvement Pros report. As consumer demand for DIY projects slows, retailers like Home Depot, Lowe’s, and Ace Hardware are strategically redirecting focus on an emerging consumer base – home improvement professionals. Pros (professional […] 0 Author Missing December 13, 2023December 13, 2023 2 min read Data & InsightsConsumersCOVID19Technology & InnovationPredictions and ForecastsLowesHome DepotDept. Nonfood 0 Saving Bookmark this article Bookmarked
Trends & External Forces NRF Retracts Claim that Organized Retail Crime Accounted for ‘Nearly Half’ of Retail Shrink The National Retail Federation (NRF) has updated a report that had attributed “nearly half” of 2021’s $94.5 billion in retail shrink to organized retail crime, saying the data point was part of two-year-old testimony to a U.S. Senate committee by Ben Dugan, former President of the Organized Retail Crime Resource Center. The NRF report was […] Retail TouchPoints December 7, 2023December 7, 2023 2 min read Legal & CriminalTargetLowesResults & InvestmentMarketing: Social MediaExecutivesData & InsightsThick DataTechnology & InnovationPartnershipsDept. Sporting goodsDept. NonfoodBrick and MortarAgencies 0 Saving Bookmark this article Bookmarked
Data & Insights Sears is a shell of its former self. So why is it reopening some stores? Sears and Kmart once dominated the retail landscape. RetailDive December 6, 2023December 14, 2023 6 min read Technology & InnovationAIBrick and MortarStore LocationConsumersDept. NonfoodData & InsightsMerchandisingAcquisitionMarketing: Social MediaMeta (Facebook)ExecutivesMarketing: In StoreShoppersPredictions and ForecastsStore FormatDept. Toys & GamesResults & InvestmentTargetConsultingESG and CSRAgenciesAssociatesBed Bath & BeyondTrends: RetailCOVID19Dept. AppliancesLowes 0 Saving Bookmark this article Bookmarked
Channel: Grocery Stryve Foods expands distribution to retail stores [[“value”:” The company’s meat snacks will be available at Southeastern Grocers, Cub Foods, Lunds/Byerly’s, Fresh Thyme, Lowes Foods, AAFES, Holiday Oil, Timewise, Family Express and Dash In. “]] SMP Deli Prepared November 30, 2023November 30, 2023 < 1 min read Operations & Supply ChainBrick and MortarSoutheastern GrocersRegional GroceryDept. FreshLowesHoliday & EventsDept. Fuel 0 Saving Bookmark this article Bookmarked
Channel: Home Improvement Home Depot, Lowe’s Look to ‘Pros’ for Growth Competitors The Home Depot and Lowe’s are both zeroing in on the same high-value target as the pandemic-driven home improvement boom slows — professional contractors, builders and tradespeople. The Home Depot has made a number of executive moves to better “align the organization” around this consumer set, which the company describes as its “largest growth […] Retail TouchPoints November 1, 2023November 1, 2023 2 min read LowesHome DepotExecutivesShoppersBrick and MortarMarketing: Loyalty & SubscriptionOperations & Supply ChainAssociatesInternationalMarketing: Social MediaTargetReturnsInternational - North AmericaResults & InvestmentPartnershipsDept. GroceryConsumersCOVID19Dept. NonfoodSustainability 0 Saving Bookmark this article Bookmarked
Channel: Home Improvement Home Depot, Lowe’s Look to ‘Pros’ for Growth Competitors The Home Depot and Lowe’s are both zeroing in on the same high-value target as the pandemic-driven home improvement boom slows — professional contractors, builders and tradespeople. The Home Depot has made a number of executive moves to better “align the organization” around this consumer set, which the company describes as its “largest growth […] Retail TouchPoints October 31, 2023November 2, 2023 2 min read LowesHome DepotExecutivesShoppersBrick and MortarMarketing: Loyalty & SubscriptionOperations & Supply ChainAssociatesInternationalMarketing: Social MediaTargetReturnsInternational - North AmericaResults & InvestmentPartnershipsDept. GroceryConsumersCOVID19Dept. NonfoodSustainability 0 Saving Bookmark this article Bookmarked
Merchandising Lowe’s rolls out gift center, holiday discounts for pros [[“value”:”With its holiday deals and gift assortment, the retailer aims to attract everyday homeowners and professional contractors.”]] RetailDive October 28, 2023October 28, 2023 < 1 min read Holiday & EventsPricing & PromotionsLowesMarketing: TradeMerchandising 0 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit The Weekly Closeout: Lowe’s partners with Carhartt and JLo Beauty launches at Macy’s [[“value”:”The workwear brand is coming to Lowe’s, while Jennifer Lopez’s skin care and beauty line is at the department store just in time for the holidays. “]] RetailDive October 7, 2023October 7, 2023 < 1 min read LowesDept. HBCPartnershipsHoliday & Events 0 Saving Bookmark this article Bookmarked
Trends & External Forces Will the U.S. Get Hit With a Recession in 2024? Subscribe to the Advisor Channel free mailing list for more like this Will the U.S. Get Hit With a Recession in 2024? This was originally posted on Advisor Channel. Sign up to the free mailing list to get beautiful visualizations on financial markets that help advisors and their clients. For much of the last year, […] Visual Capitalist October 5, 2023October 5, 2023 3 min read EconomyPredictions and ForecastsConsumersExecutivesThick DataData & InsightsAssociatesResults & InvestmentGovernmentDept. NonfoodHome DepotLowesTechnology & InnovationWalmart 0 Saving Bookmark this article Bookmarked
Channel: Grocery How regional grocers are going digital As the pressure mounts to operate more efficiently while also delivering a true omnichannel shopping experience, here’s what Lowes Foods, Save Mart and other grocers are focused on. Grocery Dive October 3, 2023October 3, 2023 < 1 min read Regional GroceryOmnichannelLowes 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Sycamore Partners Acquires Chico’s for $1 Billion VC firm Sycamore Partners will purchase Chico’s FAS for $1 billion in a deal that will take the apparel retailer private. Shareholders will receive $7.60 per share in cash, representing a 65% premium to the company’s closing stock price on Sept. 27, 2023, the last trading day prior to the transaction. Chico’s operates more than […] Retail TouchPoints September 28, 2023September 28, 2023 2 min read AcquisitionPartnershipsOperations & Supply ChainInternational - North AmericaMarketing: Social MediaLowesMergersResults & InvestmentBrick and MortarDept. ApparelDept. FuelExecutivesPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Department: Nonfood Citing Theft and Safety Issues, Target Closes 9 Stores in 4 States Target will close nine stores in four cities on Oct. 21, 2023, saying theft and organized retail crime are threatening the safety of its customers and associates and “contributing to unsustainable business performance,” according to a company statement. Target noted that it has made multiple efforts to secure these location, including adding more security team […] Retail TouchPoints September 28, 2023September 28, 2023 2 min read TargetLegal & CriminalBrick and MortarStore LocationThick DataResults & InvestmentMarketing: Social MediaDept. NonfoodLowesAssociatesData & InsightsDept. Sporting goodsMarketing: In StoreTechnology & InnovationExecutives 0 Saving Bookmark this article Bookmarked
Channel: Grocery Acquisitions, Divestitures & Mergers Trends & External Forces Court sets late August start date for hearing on Kroger-Albertsons merger A federal judge in Oregon will decide during the proceeding whether to grant the FTC’s request to block the transaction. Written by Grocery Dive March 12, 2024March 14, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Channel: Restaurants Department & Category Department: Consumer Durables Department: Food Department: Nonfood ESG Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Merchandising Kids Like to Go Out to Eat ask Chuck E. Cheese Don’t want to cook, don’t want to do dishes, well according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® your kids don’t want you hear you complain about cooking dinner either. Chuck E. Cheese has a new program for that has a great chance to make the entire family happy according […] Written by Grocerant Guru March 11, 2024March 14, 2024 Saving Bookmark this article Bookmarked
Channel: Grocery Corporate Finance Publix reports 49% growth in net earnings in FY23 US supermarket chain Publix has reported net earnings of $4.3bn in FY23, marking a 49% increase from FY22’s $2.9bn. The post Publix reports 49% growth in net earnings in FY23 appeared first on Retail Insight Network. Written by Retail Insights Network March 8, 2024March 8, 2024 Saving Bookmark this article Bookmarked
Channel: Mass Corporate Finance Media & Marketing Agencies & Vendors Data & Insights Trends & External Forces Target Q4 2023 Earnings Recap Target reported Q4 and 2023 financial results at its annual investor day on March 5, 2024. Quarterly comp performance improved sequentially from Q2 to Q4, but 2023 ended with comps down -3.7%. Profitability outperformed expectations as the company realized $2B of operating income growth in 2023 and reported notable gross margin improvements. The stock was […] Written by The Harvest Group March 8, 2024March 8, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces CPG: Food Channel: Ecommerce & Digital Channel: Grocery Channel: Mass Department & Category Department: Beverage Department: Food Department: HBC Acquisitions, Divestitures & Mergers Corporate Strategy Corporate Finance ESG Partnerships & Alt Profit Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Retail Operations Associates & Employees Operations & Supply Chain Owned Brands (Private Label) Stores & Formats Kroger Reports Fourth Quarter and Full-Year 2023 Results, Announces Guidance for 2024 Comments from Chairman and CEO Rodney McMullen. "Kroger achieved strong 2023 results, in line with our long-term growth model and built upon three consecutive years of historic growth. Written by Kroger March 7, 2024March 8, 2024 Saving Bookmark this article Bookmarked