Merchandising Nordstrom Rack merchandising exec leaving after 2 years Nancy Mair arrived amid a leadership shakeup at its off-price business that continued into last September with the appointment of a new president. RetailDive March 18, 2024March 18, 2024 < 1 min read MerchandisingExecutives 0 Saving Bookmark this article Bookmarked
Merchandising Speak the CFO’s Language To Grow Digital Shelf Investments DSI “A lot of business cases, they depend on internal efficiency gains. But if you don’t measure this … then it will never lead to project success or success on the digital shelf … Have a measuring mindset.” — Ilse Goverts-van Kesteren, Lead Business Consultant, Wunderman Thompson When Wunderman Thompson asked […] Digital Shelf Institute March 18, 2024March 18, 2024 10 min read MerchandisingResults & InvestmentData & InsightsExecutivesConsumersPodcastsTargetMarketing: Social MediaPartnershipsReturnsKrogerPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Data & Insights Utilizing the External Data Boom for Digital Shelf Optimization Publications about marketing often invoke the comparison of a digital shelf with a physical one. After all, a digital shelf displays your products for the customer to browse, just like a shelf in a brick-and-mortar store would. This comparison, however, has its limits. While customers come to browse the physical shelf, your digital shelf goes […] Retail TouchPoints March 16, 2024March 16, 2024 5 min read Data & InsightsMerchandisingShoppersTechnology & InnovationAICompetitionPredictions and ForecastsDept. NonfoodOperations & Supply ChainMarketing: Social MediaBig DataCustomer ExperienceMarketing: In StoreStore LocationESG and CSRTargetMarketing: UGCGoogleAmazonThick Data 0 Saving Bookmark this article Bookmarked
Corporate Strategy Ulta Beauty Plans 2025 Expansion to Mexico Ulta Beauty, which posted strong financial results for 2023, will move into Mexico next year as part of a joint venture with global brands operator Axo. The retailer’s $11.2 billion in net sales for FY 2023, which ended Feb. 3, 2024, was 9.8% higher than the previous year, fueled by a comparable sales rise of […] Retail TouchPoints March 16, 2024March 16, 2024 < 1 min read Technology & InnovationDept. HBCPredictions and ForecastsInternational - North AmericaMarketing: Loyalty & SubscriptionMarketing: In StoreMarketing: Social MediaResults & InvestmentExecutivesHoliday & EventsShoppersStore LocationMerchandisingBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value The Weekly Closeout: Dollar Tree to add $7 items and Bath & Body Works teams up with Netflix The dollar store is expanding its multiprice assortment, while the personal care retailer debuted a “Bridgerton” collection as part of a yearlong partnership. RetailDive March 16, 2024March 16, 2024 < 1 min read StreamingDollar TreeMerchandisingPartnerships 0 Saving Bookmark this article Bookmarked
Channel: Grocery - Natural PCC Community Markets hires former Whole Foods exec David Spear Spear will act as VP of merchandising, promotions, and sourcing Supermarket News March 15, 2024March 15, 2024 < 1 min read Whole FoodsRegional GroceryExecutivesMerchandisingMarketing: Trade 0 Saving Bookmark this article Bookmarked
Data & Insights Why a Successful Retail Data Migration Requires a Data-First Approach Large retailers are under constant pressure to keep up with new and ever-changing customer demands. At the same time, they’re also grappling with sometimes volatile global supply chains and massive amounts of data — everything from sales and inventory data to pricing and customer insights. It’s a significant undertaking. As more organizations continue their digital […] Jason Thompson March 14, 2024March 14, 2024 4 min read Data & InsightsOperations & Supply ChainShoppersVendorsBrick and MortarSustainabilityCustomer ExperienceAITechnology & InnovationBig DataConsultingConsumersExecutivesMerchandisingPredictions and ForecastsStrategy 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree To Close 1,000 Stores Dollar Tree said yesterday that it will close 1,000 stores – most of them Family Dollar units – over the next few years, a decision that Axios describes as “a reversal of the retailer’s rapid expansion, which included its 2015 acquisition of Family Dollar.” Six hundred Family Dollar stores are slated to close before the […] MorningNewsBeat March 14, 2024March 14, 2024 2 min read Brick and MortarDollar TreeFamily DollarExecutivesGovernmentOperations & Supply ChainAldiShoppersRegional GroceryAcquisitionSustainabilityDept. GroceryDept. PetMerchandisingPredictions and ForecastsStrategy 0 Saving Bookmark this article Bookmarked
Channel: Drug Claire’s to launch displays in thousands of Walgreens stores The pharmacy chain retailer is diversifying its product assortment amid declining U.S. retail sales. RetailDive March 13, 2024March 13, 2024 < 1 min read WalgreensBrick and MortarDept. PharmacyMerchandising 0 Saving Bookmark this article Bookmarked
Merchandising Maximizing Your Trade Show Success: A Post-Exhibition Game Plan for CPG Brands Expo West begins today, and for the next few days many brands will experience a whirlwind of networking, handing out samples, schmoozing at after-hours events, and starting potential business deals. Once it all wraps up, though, now what? Well, then it’s time to turn that momentum into tangible success. You’ve invested time, money, and energy […] RangeMe March 13, 2024March 13, 2024 4 min read MerchandisingSustainabilityVendorsPredictions and ForecastsMarketing: Social MediaAssociatesShoppersOperations & Supply ChainDeliveryPop UpsData & InsightsIndustry Conferences and EventsDivestituresPricing & Promotions 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree to Close 600 Family Dollar Stores by August, Another 400 as Leases Expire Dollar Tree Inc. will shutter approximately 600 Family Dollar stores in the first half of its 2024 fiscal year, which began Feb. 4, 2024. The discount retailer also plans to close an additional 370 Family Dollar stores and 30 Dollar Tree locations over the next several years as each store’s current lease expires. The retailer […] Retail TouchPoints March 13, 2024March 13, 2024 2 min read Brick and MortarDollar TreeFamily DollarPredictions and ForecastsRegional GroceryOperations & Supply ChainMarketing: Social MediaAldiExecutivesWarby ParkerTractor Supply CompanyMerchandising 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Affordable Last Mile Groceries Delivery with Buncha’s Bharat Pulgam The CPG Guys are joined in this episodee by Bharat Pulgam, Founder & CEO of Buncha, a last-mile technology company that uses W2 shoppers and refrigerated vehiclesto provide best in class service. With a unique batching system, Buncha is able to work with retailers to maximize deliveries in a reliable and efficient manner. What sets […] The CPG Guys March 13, 2024March 13, 2024 2 min read DeliveryMarketing: Social MediaPodcastsShoppersDept. RefrigeratedTechnology & InnovationAssociatesCustomer ExperienceConsumersDept. FuelCOVID19MerchandisingPartnershipsPredictions and ForecastsResults & InvestmentSponsoredSustainabilityExecutives 0 Saving Bookmark this article Bookmarked
Channel: Grocery - Natural PCC taps Whole Foods veteran for executive role David Spear will serve as the Seattle co-op’s vice president of merchandising, promotions and sourcing. Grocery Dive March 13, 2024March 13, 2024 < 1 min read Whole FoodsExecutivesMarketing: TradeMerchandising 0 Saving Bookmark this article Bookmarked
Channel: Mass Hudson’s Bay Brings Target Kids Brand to Canada Strategic brand partnerships and collaborations can help merchants raise brand awareness and expand into new markets. Target is partnering with Hudson’s Bay to bring its popular kids apparel brand, Cat & Jack, to Canada. Target made its official exit from Canada in 2015, with CEO Brian Cornell reporting that area of the business was “losing […] Retail TouchPoints March 13, 2024March 13, 2024 2 min read TargetInternational - North AmericaDept. PetMerchandisingBrick and MortarOwned Brands (Private Label)ExecutivesMarketing: Social MediaPartnershipsDept. ApparelPredictions and ForecastsConsumersRestaurantsShoppers 0 Saving Bookmark this article Bookmarked
Stores & Formats Kohl’s to Add Babies R Us Shop-in-Shops to 200 Stores Kohl’s said Tuesday that it’s teaming up with the owner of Babies R Us to bring baby gear, furniture and more to approximately 200 of its stores across the country, reports CNBC. The department store chain struck a licensing deal with WHP Global, a brand management firm with a portfolio that includes Bonobos, Joe’s Jeans, […] Kristina Stidham March 12, 2024March 12, 2024 2 min read Brick and MortarKohlsPartnershipsDept. Toys & GamesPredictions and ForecastsDept. NonfoodMerchandisingDept. ApparelDept. HBCExecutivesWalmartMarketing: In StorePress ReleaseResults & InvestmentMarketing: BrandBankruptcy 0 Saving Bookmark this article Bookmarked
Stores & Formats Kohl’s is Expecting…Babies ‘R’ Us Shop-in-Shops to Arrive at 200 Locations Later This Year WHP Global is following a familiar playbook for its relaunch of Babies ‘R’ Us. After opening the brand’s first brick-and-mortar location since its 2018 bankruptcy in July 2023, the company has now announced plans to bring Babies ‘R’ Us shop-in-shops to 200 Kohl’s locations this year. After filing for bankruptcy and shuttering all its U.S. stores, Babies […] Retail TouchPoints March 12, 2024March 12, 2024 2 min read Store LocationDept. NonfoodDept. Toys & GamesKohlsMerchandisingBrick and MortarHoliday & EventsBankruptcyMarketing: Social MediaMarketing: In StorePredictions and ForecastsPartnershipsFlagship StoresExecutivesDept. ApparelStrategy 0 Saving Bookmark this article Bookmarked
Channel: Drug Walgreens to Add Claire’s Assortment in 4,400+ Stores Walgreens will integrate jewelry, hair accessories, cosmetics and seasonal pieces from Claire’s into the assortment of more than 4,400 stores by the end of this month. Each participating location will have dedicated displays merchandised by Claire’s in their seasonal sections. “As a one-stop destination for everyday needs, Walgreens services millions of people every day,” said […] Retail TouchPoints March 12, 2024March 12, 2024 < 1 min read WalgreensPartnershipsBrick and MortarMerchandisingShoppersWalmartPredictions and ForecastsMarketing: Social MediaStore LocationExecutivesDept. Apparel 0 Saving Bookmark this article Bookmarked
Media & Marketing HSN Evolves Video Commerce Across Channels, From Cable to TikTok In episode 443 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Rob Robillard, chief merchandising officer of HSN, a leading interactive and lifestyle retailer that is part of Qurate Retail Group. Listen in as Robillard provides an overview of HSN’s history in enabling video commerce and live shopping (1:00), the retailer’s increased focus on streaming […] Joe Keenan March 12, 2024March 12, 2024 2 min read Dept. HBCDept. Natural / OrganicMerchandisingShoppersMarketing: Social MediaTikTokHealth & WellnessOperations & Supply ChainExecutivesStreamingAcquisitionStrategyTechnology & InnovationDept. NonfoodMarketing: Digital MediaMarketing: Loyalty & SubscriptionData & InsightsPartnershipsPodcasts 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Using In-Depth Retail Media Analytics To Refine DSP Performance DSI “A big trap that a lot of brands fall into is, they may have some growth goals … but they’re overly focused on bottom-of-funnel metrics like ROAS [return on investment]. And that is just going to kill any innovation that you might have.” — Kiri Masters, Head of Retail Marketplace Strategy, Acadia Measuring Amazon Deliver Service […] Digital Shelf Institute March 11, 2024March 11, 2024 9 min read AmazonData & InsightsMarketing: Retail MediaConsumersMerchandisingTechnology & InnovationShoppersStrategyResults & InvestmentMarketing: UGCCompetitionAcquisitionPredictions and ForecastsMarketing: Social MediaPodcastsReturnsCustomer ExperienceWalmartHealth & WellnessOperations & Supply ChainPartnerships 0 Saving Bookmark this article Bookmarked
Retailer Media Macy’s Appoints Former Walmart Connect Exec to Lead Retail Media Network Macy’s, Inc. has appointed Michael Krans as VP of Macy’s Media Network, where he will oversee the company’s in-house media business dedicated to connecting advertising partners with Macy’s and Bloomingdale’s customers. Krans, who will report to Chief Customer and Digital Officer Max Magni, joins Macy’s following his most recent role leading the fashion team at […] Retail TouchPoints March 11, 2024March 11, 2024 < 1 min read Marketing: Retail MediaWalmartWalmart ConnectExecutivesShoppersMarketing: Social MediaDept. ApparelTargetStore LocationPredictions and ForecastsPartnershipsOperations & Supply ChainMerchandisingDept. HBC 0 Saving Bookmark this article Bookmarked
Corporate Finance Nordstrom to Launch Third-Party Marketplace in April Nestled among its Q4 2023 earnings was the news that Nordstrom plans to add a third-party marketplace to the Nordstrom.com website in April. “By reimagining the way we work with our brand partners, we’ll grow our curated online assortment to serve more customers on even more occasions through increasing our use of unowned inventory,” said […] Retail TouchPoints March 9, 2024March 9, 2024 2 min read Results & InvestmentPredictions and ForecastsOperations & Supply ChainMerchandisingMarketing: Social MediaExecutivesConsumersPartnershipsKohlsDept. ApparelBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Lidl Names New Chief Commercial Officer and First-Ever Chief Customer Exec Discount supermarket retailer Lidl U.S. has named four executives with extensive retail experience to top posts, including naming Frank Kerr as the company’s first-ever Chief Customer Officer. Kerr is returning for a second stint at Lidl U.S., where he was one of the first 50 employees, and he’ll be responsible for driving a holistic customer […] Retail TouchPoints March 9, 2024March 9, 2024 < 1 min read LidlExecutivesShoppersDept. FreshDept. GroceryWalmartMarketing: Social MediaMarketing: Loyalty & SubscriptionDept. PerimeterCustomer ExperienceMerchandisingDollar GeneralSave A LotRegional GroceryPredictions and ForecastsConsumersMarketing: TradeAssociatesData & InsightsBrick and MortarBig DataAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Media & Marketing Command Your Brand with PriceSpider’s Brett Banner & Rae Guimond We are partnering on today’s episode with Pricespider, who helps the world’s brands, big and small, to enrich the consumer journey and build long-lasting relationships with their shoppers, resulting in more revenue and higher profit margins. The CPG Guys are joined in this episode by SVP of strategy & Director of strategy for PriceSpider – […] The CPG Guys March 9, 2024March 9, 2024 2 min read Marketing: Social MediaTechnology & InnovationAIPodcastsStrategyShoppersConsumersData & InsightsPartnershipsMarketing: TradePricing & PromotionsPredictions and ForecastsESG and CSRMerchandisingMarketing: In StoreMarketing: Digital MediaExecutivesCOVID19Vendors 0 Saving Bookmark this article Bookmarked
Owned Brands (Private Label) Circana report: private brands surge amidst inflation CHICAGO—Private brands have experienced growth in the face of inflation, according to a new report from Circana, with sales surpassing $217 billion. The report, “CPG Private Brands Update,” provides an update on the store brand landscape, and identifies retailer opportunities to increase demand for their own brand and private brand offerings. “Private brands are increasingly […] MMR March 8, 2024March 8, 2024 2 min read Owned Brands (Private Label)ConsumersDept. BeverageEconomyDept. GroceryShoppersPredictions and ForecastsDept. RefrigeratedData & InsightsDept. HBCMerchandisingDept. Center StoreDept. AppliancesPackagingDept. Nonfood 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
Media & Marketing Michaels Puts Makers in the Spotlight for New Ad Campaign, In-Store Selling Pilot Michaels has launched a new brand campaign and in-store selling activation to shine a spotlight on its MakerPlace by Michaels online marketplace. MakerPlace by Michaels was designed to be an Etsy challenger of sorts, creating a space for “makers” to connect with shoppers and sell their handmade goods. It also serves as a destination for […] Retail TouchPoints March 8, 2024March 8, 2024 2 min read Marketing: In StoreMarketing: Social MediaBrick and MortarShoppersStrategyPredictions and ForecastsStreamingMarketing: Digital MediaPartnershipsMerchandisingData & InsightsExecutivesESG and CSRDept. NonfoodPress Release 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Big Lots’ cost-cutting efforts helped it ‘maintain liquidity through a challenging period’ CEO Bruce Thorn also said the retailer is expanding its assortment of bargain merchandise, which is expected to account for 75% of sales in 2024. RetailDive March 8, 2024March 8, 2024 < 1 min read Big LotsPredictions and ForecastsExecutivesMerchandising 0 Saving Bookmark this article Bookmarked
Merchandising Is dynamic pricing feasible within supermarkets? Digital shelf tags could help grocers reduce waste, boost profit margins: report 0 Author Missing March 7, 2024March 7, 2024 < 1 min read SustainabilityMerchandising 0 Saving Bookmark this article Bookmarked
Channel: Club BJ’s Wholesale Club to Bring Unbeatable Value to Kentucky with Club Planned for Louisville MARLBOROUGH, Mass.–(BUSINESS WIRE)–BJ’s Wholesale Club (NYSE: BJ), a leading operator of membership warehouse clubs, announced today that it plans to open its first club in Louisville, KY, located near the Jefferson Mall, in early 2025. The BJ’s Louisville club follows its expansion into Tennessee and Alabama in 2023. “We are excited to offer our winning […] BusinessWire - Supermarket March 7, 2024March 8, 2024 < 1 min read BJ’s Wholesale ClubExecutivesStrategyPredictions and ForecastsOperations & Supply ChainMerchandisingBrick and Mortar 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain When In Doubt, Launch A Marketplace CNBC reports that Nordstrom is compensating for muted projections for the coming year in part by launching “an online marketplace on Nordstrom’s website to expand its merchandise assortment with inventory that’s owned and sold by third-party vendors. Marketplaces tend to be more profitable for retailers, since the company does not take on the risk of […] MorningNewsBeat March 7, 2024March 7, 2024 2 min read Operations & Supply ChainShoppersPredictions and ForecastsMarketing: Retail MediaCustomer ExperienceConsumersVendorsMerchandisingHoliday & EventsEconomyDept. ApparelBrick and Mortar 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