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
Shopper & Customer How to Get Discovered by U.K. Retailers: Understanding British Consumers Before you launch your brand in the United Kingdom, it’s important to know what’s going on in today’s U.K. retail market as it may differ from the markets your brand currently has a presence in. Whether the British market is familiar territory or completely new, here’s a deep dive into understanding the U.K.’s marketplace, retailers, […] RangeMe January 26, 2023January 26, 2023 4 min read ConsumersSustainabilityVendorsInternational - UKPackagingGovernmentTescoHealth & WellnessEconomyShoppersInclusivityDept. GroceryData & InsightsDept. BeveragePredictions and ForecastsOmnichannelMarketing: SocialDept. PetOperations & Supply ChainDept. NonfoodDept. Adult BevResults & InvestmentESG and CSRDept. HBCAldiMarketing: In StoreTargetMarketing: Loyalty & SubscriptionTechnology & InnovationAssociatesHoliday & EventsDept. FuelOwned Brands (Private Label)social commerceTrends: Food and BeverageTrends: RetailBrick and MortarInsight Providers 0 Saving Bookmark this article Bookmarked
Shopper & Customer 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, […] Kelly Pedersen January 26, 2023January 26, 2023 3 min read ConsumersHoliday & EventsESG and CSRMarketing: Loyalty & SubscriptionReturnsConsultingHealth & WellnessData & InsightsMarketing: SocialTrends: FinanceBNPLDeliveryDept. NonfoodMarketing: In StoreOperations & Supply ChainStrategySustainabilityAI / ML 0 Saving Bookmark this article Bookmarked
Media & Marketing Tips for Boosting Loyalty Program Success Subscribe ‘ +’ ‘; jQuery(‘.napco-newsletters-2’).find(‘.widget .clearfix’).before(holder); Find Resources Upcoming Webinars emacmullen January 26, 2023January 26, 2023 < 1 min read Marketing: Loyalty & SubscriptionDept. Nonfood 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
Data & Insights 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. […] Doorcounts January 26, 2023January 26, 2023 2 min read Data & InsightsTechnology & InnovationConsumersStore LocationDeliveryShoppersPredictions and ForecastsMarketing: In StoreGoogleBrick and MortarReturnsHoliday & EventsTrends: ConsumerSustainabilityDept. ApparelMarketing: TradeChatGPTMarketing: Loyalty & SubscriptionGovernmentCOVID19Trends: Retail 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
Shopper & Customer To Experience the Future of Retail, You’ll Want to Go to the Store Over the past three years, most of us have done a lot more shopping online, so it’s easy to forget that while ecommerce is still growing, most retail commerce still happens in stores. In Q3 2022, ecommerce accounted for less than 15% of all retail sales. That means brick-and-mortar is still going strong, and not […] Retail TouchPoints January 25, 2023January 25, 2023 4 min read ShoppersConsumersMarketing: In StoreSustainabilityMarketing: Loyalty & SubscriptionBrick and MortarStore LocationDept. HBCMarketing: UGCDept. NonfoodThick DataESG and CSRDeliveryTrends: RetailPredictions and ForecastsTechnology & InnovationMarketing: SocialDept. ApparelRestaurantsStrategyFlagship StoresDept. AppliancesHealth & WellnessHoliday & EventsMarketing: Direct & PersonalizationMeta (Facebook)ShopifyStore FormatDept. Sporting goodsAssociates 0 Saving Bookmark this article Bookmarked 5
Start Ups Emperia raises $10 million to further develop its virtual store management SaaS platform Emperia, which creates immersive e-commerce spaces for retail brands, has raised a $10 million Series A. This follows an $875k pre-seed in 2021 (featuring Concept Ventures, SFC Capital, Blissgrowth). The Series A round was led by Base10 Partners and joined by investors including Daphni (via its retail fund Dastore), Sony Innovation Fund, Background Capital, Stanford […] Retail Technology Innovation Hub January 25, 2023January 25, 2023 2 min read Technology & InnovationMarketing: SocialTwitterPartnershipsShoppersData & InsightsConsumersCustomer ExperiencePredictions and ForecastsResults & InvestmentTech: AR and VRCryptoDept. ApparelStart UpsMarketing: Loyalty & SubscriptionExecutivesDept. NonfoodDept. FreshStore LocationStrategy 0 Saving Bookmark this article Bookmarked
Media & Marketing 4 Digital Marketing Resolutions That Retailers Should Keep in Mind in 2023 There’s much to be said for looking forward into the coming year, as opposed to looking back. After all, every new year comes with its own set of hopes, expectations and even promises. With that in mind, here are four New Year’s-inspired resolutions which every digital marketer should take to heart to make the most […] Andrew Sandoval January 24, 2023January 24, 2023 3 min read Data & InsightsMarketing: Retail MediaMarketing: In StoreMarketing: Direct & PersonalizationConsumersReturnsGooglePartnershipsMeta (Facebook)AmazonShoppersTechnology & InnovationAI / MLMarketing: SocialRoundelTikTokTech: AIStrategysocial commerceESG and CSRPredictions and ForecastsWalmartBOPISHoliday & EventsCOVID19Dept. NonfoodMarketing: Loyalty & Subscription 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain How Sellers Can Avoid the Holiday Hangover: 4 Steps to Minimize Excess Inventory 2022 was a tough year for retailers and e-commerce sellers. With supply chain snarls around the globe, they’ve struggled to get the products they need. Now that those snarls are easing and products are flowing, sellers face diminishing consumer demand, which poses the threat of inventory sitting around unsold. In a survey of retail executives […] Min Yang January 24, 2023January 24, 2023 3 min read Operations & Supply ChainShoppersHoliday & EventsESG and CSRMarketing: Loyalty & SubscriptionMarketing: SocialConsultingResults & InvestmentThick DataTechnology & InnovationStrategyPartnershipsDeliveryEconomyExecutivesDept. ApparelConsumersAcquisition 0 Saving Bookmark this article Bookmarked
Media & Marketing How the Explosive Growth of Shoppable Ads will Impact Pricing and Spending Social shopping is becoming more and more popular given the surge in social media usage and the ease of completing a transaction without ever leaving the app. It’s no surprise that social commerce sales are expected to reach $45.74 billion in 2022. With this growth, shoppable ads have been gaining traction over the last several […] Retail TouchPoints January 24, 2023January 25, 2023 4 min read ConsumersESG and CSRMarketing: SocialData & InsightsMarketing: Retail MediaMeta (Facebook)ShoppersTwitterDept. GroceryPartnershipsInternational - North AmericaOperations & Supply ChainAcquisitionSustainabilityEconomysocial commercePredictions and ForecastsTikTokAgenciesStore LocationTargetAmazonCOVID19Holiday & EventsMarketing: BroadcastMarketing: Digital MediaMarketing: In StoreMarketing: Loyalty & SubscriptionMarketing: PrintMarketing: ShopperInsight Providers 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Amazon Deepens Prescription Options with RxPass for Prime Members Amazon has launched RxPass, a subscription for Prime members that offers select generic medications with free delivery for a flat fee of $5 per month. The service, which doesn’t require health insurance, currently covers medications for 80 common conditions, including high blood pressure, anxiety and acid reflux. RxPass was designed to save time for Amazon […] Retail TouchPoints January 24, 2023January 25, 2023 2 min read AmazonDept. PharmacyHealth & WellnessWalmartDeliveryPricing & PromotionsMarketing: Loyalty & SubscriptionAcquisitionOwned Brands (Private Label)Marketing: TradeDept. HBC 0 Saving Bookmark this article Bookmarked
Shopper & Customer NRF 2023 Spotlights Profitability, Workforce Enhancements and Media Network Opportunities The NRF Big Show, held in NYC Jan. 15-17, did more than bring together 35,000 attendees and more than 1,000 exhibitors. The event also gives us business editors the chance to suss out the major trends that retail decision-makers will be grappling with in 2023. Here’s our take on just a few of the key […] Retail TouchPoints January 24, 2023January 24, 2023 5 min read ConsumersAssociatesShoppersTechnology & InnovationExecutivesMarketing: Retail MediaData & InsightsInternationalDept. NonfoodEconomyCustomer ExperienceResults & InvestmentSustainabilityRecommerceLowesTargetReturnsPepsiCoMetaverseWhole FoodsDept. HBCDept. GroceryCompetitionInclusivityDept. BeverageStrategyPredictions and ForecastsBrick and MortarBigCommerceAlbertsons / SafewayMarketing: Loyalty & SubscriptionMarketing: SocialOperations & Supply ChainMerchandisingCOVID19Store LocationThick DataTrends: TechBig DataBOPISAmazonDept. BakeryDept. ApparelAI / ML 0 Saving Bookmark this article Bookmarked
Shopper & Customer 4 Ways to Maximize Customer Lifetime Value and Boost Profits in 2023 Understanding the value your customers bring and how you can maximize it is crucial, especially when there’s an impending recession. When the economy suffers, customer lifetime value (CLV), or the long-term revenue that customers create, can take a huge hit. Consumers are more cautious and they’re likely to shop around in search of alternative or […] Rotem Yohanan January 23, 2023January 23, 2023 3 min read ShoppersMarketing: Loyalty & SubscriptionConsumersCustomer ExperienceEconomyDept. NonfoodStrategyMarketing: Direct & PersonalizationData & InsightsOperations & Supply ChainSustainabilityPricing & PromotionsPop UpsTechnology & InnovationMarketing: TradeMarketing: In StoreDeliveryDept. Natural / OrganicConsulting 0 Saving Bookmark this article Bookmarked
Technology & Innovation Company Creates Tech With “Feed Farms, Not Landfills” Pitch Fascinating piece in Axios about Mill, a new green tech startup that “wants us to rethink what we do with our banana peels, pepper tops and other kitchen scraps.” Mill is “part hardware startup, part subscription service. Customers are sent a bin for their kitchen scraps. The bin — which needs to be plugged in […] MorningNewsBeat January 23, 2023January 23, 2023 < 1 min read Technology & InnovationDept. GroceryMarketing: SocialDept. NonfoodConsumersSustainabilityDeliveryDept. BeverageDept. FuelEconomyMarketing: Loyalty & SubscriptionOperations & Supply ChainExecutives 0 Saving Bookmark this article Bookmarked
Technology & Innovation Embracing the Metaverse: A Bold Way to Improve Customer Retail Experiences There’s been quite a bit of hype about the metaverse — it’s the next big thing, it will transform how companies engage with customers and it will alter the way we do business. The metaverse simply integrates the physical and digital worlds, enhancing both through virtual worlds or simple contextual overlays. While companies currently interact […] Retail TouchPoints January 23, 2023January 23, 2023 3 min read MetaverseShoppersTrends: TechPredictions and ForecastsTech: AR and VRMarketing: SocialMarketing: Direct & PersonalizationESG and CSRTechnology & InnovationPricing & PromotionsMarketing: OOHMarketing: Loyalty & SubscriptionDept. ApparelData & Insights 0 Saving Bookmark this article Bookmarked
Data & Insights How to build an E-commerce dashboard? The dashboard makes it possible to accurately monitor various information relating to the objectives set and the health of the company. This monitoring is organised around key indicators (also called KPIs), which are collected and listed. However, when you become an e-commerce seller, it can be complicated to develop a relevant and efficient dashboard. To […] Ecommerce Nation January 20, 2023January 20, 2023 5 min read Data & InsightsAcquisitionShoppersOperations & Supply ChainConsumersMarketing: Loyalty & SubscriptionStore LocationOmnichannelHealth & WellnessStrategyDeliveryResults & InvestmentESG and CSRDept. Natural / OrganicPricing & PromotionsMarketing: UGCBrick and MortarGovernment 0 Saving Bookmark this article Bookmarked
Shopper & Customer More With Less: How SKU Reduction Can Drive Category Volume One of the most persistent trends of the last 30 years of CPG marketing has been SKU (Stock-Keeping Unit) proliferation – the addition of more products and a variety of products based on changes to the market, such as adding several new flavors of a top-selling beverage. However, this trend is coming to an end. […] RangeMe January 20, 2023January 20, 2023 4 min read ShoppersMerchandisingDept. BeverageInsight ProvidersBig DataOperations & Supply ChainData & InsightsDept. FrozenVendorsDept. NonfoodMarketing: Loyalty & SubscriptionTechnology & InnovationDept. DairyDept. RefrigeratedCOVID19AssociatesInclusivityPartnershipsDept. GroceryAhold Delhaize 0 Saving Bookmark this article Bookmarked
Technology & Innovation 3 Ways Banks Can Bridge The Growing Customer Expectation Gap Financial constraints like inflation costs and rising interest rates are hitting many consumers hard. This instability, paired with changing customer expectations from banks, means you must focus more on personalizing your customer service engagements and offering more proactive advice. Doing so can help bridge a growing customer expectation gap, while helping your bank run more […] Salesforce January 20, 2023January 20, 2023 5 min read Technology & InnovationShoppersIndustry Conferences and EventsResults & InvestmentData & InsightsThick DataMarketing: Direct & PersonalizationExecutivesConsumersPredictions and ForecastsMarketing: Loyalty & SubscriptionMarketing: In StoreCOVID19VendorsMarketing: SocialMarketing: VoicePartnershipsEconomyAssociates 0 Saving Bookmark this article Bookmarked
Shopper & Customer 4 Ways Retailers Can Succeed in 2023 In Charles Dickens’ treasured story, “A Christmas Carol,” Ebenezer Scrooge peers into his past, present and future, learning valuable lessons from his mistakes and emerging a better man. Thankfully, retailers don’t need a visit from three ghosts to make wiser choices in the new year. As retailers face down a looming recession, here’s what they […] Mark Delaney January 20, 2023January 20, 2023 4 min read ShoppersReturnsConsumersAssociatesHoliday & EventsData & InsightsOperations & Supply ChainTechnology & InnovationAmazonCustomer ExperienceBrick and MortarPredictions and ForecastsMarketing: SocialEconomyMarketing: In StoreCOVID19StrategyBOPISStore LocationPricing & PromotionsMarketing: Loyalty & SubscriptionMarketing: TradeMeta (Facebook)Dept. Apparel 0 Saving Bookmark this article Bookmarked
Shopper & Customer 3 Tips for Successful Ad Campaigns in 2023 Privacy changes, a looming recession and eroding consumer spending power were just a few headlines that disrupted marketing strategies in the past year. As a result, you likely saw several industry shifts that impacted the way you reached shoppers in 2022. Going into the new year with so many changes and likely more to come, […] Molly McFarland January 20, 2023January 20, 2023 3 min read ConsumersShoppersTargetEconomyData & InsightsMarketing: In StoreReturnsMarketing: Direct & PersonalizationCOVID19ConsultingDept. NonfoodMarketing: Loyalty & SubscriptionMarketing: ShopperPredictions and ForecastsStrategyTechnology & InnovationVendors 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General launching a cash-back rewards program GOODLETTSVILLE, Tenn. — Dollar General is partnering with Ibotta to launch a cash-back rewards program that aims to boost customer loyalty by helping its shoppers get more for their money. “We are excited to provide an additional innovative option for our customers to help stretch their budgets,” said Emily Taylor, Dollar General’s executive vice president […] MMR January 19, 2023January 20, 2023 < 1 min read Dollar GeneralConsumersShoppersPartnershipsExecutivesResults & InvestmentMerchandisingMarketing: TradeMarketing: Loyalty & SubscriptionDept. Apparel 0 Saving Bookmark this article Bookmarked 4
Media & Marketing Digital Food Messaging Is the Foundation for Food Marketing in 2023 Your customers first option when looking up “what’s for dinner” is on a hand-held device, either a phone or tablet. Digital food marketing is simply the cost of admission in the world of fresh food marketing according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. Outside eyes and open our eyes […] Grocerant Guru January 19, 2023January 19, 2023 3 min read Dept. GroceryShoppersData & InsightsGoogleMarketing: SocialBrick and MortarTechnology & InnovationDeliveryBOPISWaWaRestaurantsStore LocationConsumersDept. FuelMeta (Facebook)Twitter7-Eleven & SpeedwayDept. FreshMarketing: Direct & PersonalizationMarketing: BrandInternational - North AmericaInsight ProvidersAmazonExecutivesDept. PerimeterESG and CSRDept. NonfoodPartnershipsDept. BeveragePricing & PromotionsBig DataAssociatesMarketing: Loyalty & Subscription 0 Saving Bookmark this article Bookmarked
Shopper & Customer The Evolution of Grocery: How Stores Can Retain Shoppers in Today’s Competitive Market The grocery sector has undergone serious shifts in the past couple years. From upgraded technologies that enable digital ordering to pandemic-era shopping habits that sent certain products flying off the shelves, today’s grocery shoppers are no longer loyal to the same store or chain. They hunt for the retailers with the best products, selection and […] Elissa Quinby January 19, 2023January 19, 2023 3 min read ShoppersConsumersBrick and MortarEconomyCOVID19Marketing: Loyalty & SubscriptionKrogerWhole FoodsTechnology & InnovationDeliveryAmazonCustomer ExperiencePricing & PromotionsPackagingMarketing: TradeAlbertsons / SafewayData & InsightsAcquisitionMarketing: In StoreHealth & WellnessMarketing: UGCMergersMetaverseOwned Brands (Private Label)Predictions and ForecastsStore LocationTech: AR and VRDept. Fresh 0 Saving Bookmark this article Bookmarked
Shopper & Customer Top 5 E-Commerce Trends for 2023 — According to the Experts Facing an economic downturn and reduced spending, 2022 was arguably one of the toughest year’s retail has ever faced. As the cost-of-living crisis continues, thoughts are now turning to what 2023 will have in store and how e-commerce merchants will respond to the challenges ahead. We spoke to a range of industry experts to get […] Mark Hook January 19, 2023January 19, 2023 4 min read ShoppersSustainabilityConsumersOperations & Supply ChainStreamingMarketing: Loyalty & SubscriptionPredictions and ForecastsEconomyDept. ApparelOmnichannelAssociatesESG and CSRMetaverseBrick and MortarMarketing: Digital MediaStore LocationPricing & PromotionsMarketing: Direct & PersonalizationDept. HBCMarketing: TradeMarketing: Socialsocial commerceMarketing: UGCPodcastsCryptoStrategyThick DataMeta (Facebook)Trends: TechConsultingDept. NonfoodAmazon 0 Saving Bookmark this article Bookmarked
Data & Insights Two-Thirds of Consumers Have Deleted an App Over Privacy Concerns. Here’s How to Avoid the Discard Pile Today’s marketers face the ultimate catch-22: Consumers overwhelmingly desire hyperpersonalized experiences, yet they’re concerned about sharing their data. According to Arity’s research, 66 percent of consumers have deleted an app due to privacy concerns. With competition for business fierce and the data privacy movement underway, retailers and marketers must establish strong data collection practices for […] Chuck Fuller January 19, 2023January 19, 2023 3 min read Data & InsightsConsumersShoppersMarketing: Loyalty & SubscriptionVendorsStore LocationMarketing: Direct & PersonalizationCompetitionCustomer ExperiencePartnershipsPricing & PromotionsStrategyTechnology & InnovationMarketing: In Store 0 Saving Bookmark this article Bookmarked
Shopper & Customer Emotions Guide Today’s Path To Purchase We’ve been told a consumer’s path to purchase proceeds in a straight line: awareness, familiarity, consideration, purchase … and if done right, it leads to brand loyalty. It’s a logical step-by-step progression model and gives brands the confidence to manage customers’ engagement and activate them along each step in their journey. Illusion Unveiled The problem […] Branding Strategy January 18, 2023January 18, 2023 5 min read ConsumersMarketing: BrandStrategyShoppersMarketing: ShopperESG and CSRDept. NonfoodConsultingMarketing: Loyalty & SubscriptionMarketing: UGCHealth & WellnessTechnology & InnovationTargetSustainabilityPricing & PromotionsPartnershipsMerchandisingMarketing: In StoreGovernmentDept. AppliancesExecutivesDept. ApparelDept. OTCDept. GroceryCOVID19Dept. FuelCVSData & InsightsWalmart 0 Saving Bookmark this article Bookmarked
Media & Marketing Yeo Valley Organic removes single-use lids As of January 2023, Yeo Valley Organic 350g and 450g tubs of yogurt will no longer be sold with single-use plastic lids. Instead, reusable lids will be available via the company’s online loyalty scheme by exchanging ‘Yeokens’. In the build-up to the change, products featured a message telling consumers that the old clip-lids were going […] Talking Retail January 18, 2023January 18, 2023 < 1 min read SustainabilityHealth & WellnessDept. Natural / OrganicConsumersMarketing: Loyalty & SubscriptionDept. Dairy 0 Saving Bookmark this article Bookmarked
Shopper & Customer Connecting Convenience: Reinventing the Convenience Store Experience Significant transformations are taking place within the fuel and convenience retail industry, resulting in convenience stores rethinking how to handle operations during this period of transformation. Consumer needs and expectations look different than they did even just a few years ago — with an increased focus on convenience, speed and value. As a result, retailers […] Linnea Geiss January 18, 2023January 18, 2023 3 min read ConsumersShoppersMarketing: Loyalty & SubscriptionData & InsightsCustomer ExperienceDept. FuelTechnology & InnovationLegal & CriminalBrick and MortarDept. NonfoodOperations & Supply ChainStrategyCompetitionTech: IoTPredictions and ForecastsSustainabilityDeliveryTech: CashierlessCOVID19Store LocationExecutivesBig DataDept. GroceryAssociates 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