International – North America

  1. Department: Beverage

Constellation Brands Revises Guidance, Will Take Impairment on Wine & Spirits Biz

Constellation Brands has revised its 2025 fiscal outlook amid ongoing struggles in its wine and spirits business and consumer headwinds. The company revised its wine and spirits net sales projections for its wine and spirits business from between -0.5% and +0.5%, to between -6% and -4%. The importer of Mexican brands Corona, Modelo, Pacifico and […]
< 1 min read
0
  1. Data & Insights

Fossil Boosts Site Visit Revenue 14% with AI-Powered Customer Insights

Watchmaker Fossil Group’s Canadian subsidiary has boosted its online sales volume, including a 14% increase in revenue per site visit, by leveraging an AI-powered solution that analyzes and predicts customer behaviors. The Metrical solution uses customer insights to offer targeted incentives designed to help convert visitors into customers. Fossil used the Metrical tool to offer […]
< 1 min read
0
  1. CPG: Food

Old El Paso launches new ‘Street Vibes’ campaign

Old El Paso’s new ‘Turn It Up’ campaign is backed by over £1.1m investment in an attempt to reach a younger audience. The campaign hinges on the idea that the buzz and vibrancy of Mexican street food restaurants offer a feast for the senses, that… This story continues at Old El Paso launches new ‘Street […]
< 1 min read
0
  1. Technology & Innovation

Retail’s Fierce Urgency of Now: Here Comes Season 9

If we’re learned anything in the past few years, it’s that the pace of change is only accelerating and the difference between the winners and losers often centers on those that understand the fierce urgency of now and choose to aim much, much higher and move, much much faster.   Remarkable brands know that speed […]
2 min read
0
  1. Department: HBC

Ulta slashes guidance again on flat sales and declining comps

​[[{“value”:” This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Ulta Beauty’s net sales growth all but came to a standstill in Q2, with the metric edging up just 0.9% in the quarter, to $2.6 billion. Comps at the beauty retailer fell 1.2% as transactions declined and average tickets were […]
3 min read
0
  1. Shopper & Customer

Dollar General sees ‘cash-strapped consumer,’ cuts guidance

​[[{“value”:” Dollar General’s second quarter net sales rose 4.2% year over year to $10.2 billion, up from $9.8 billion, the company said in a Thursday earnings announcement. However, net income fell 20.2% to $374.2 million from $468.8 million. Top line income and a nearly flat same-store sales were below expectations, CEO Todd Vasos said. Growth […]
2 min read
0
  1. Trends & External Forces

Connecting the dots on climate change

Case study Connecting the dots on climate change The power of local media in reaching audiences and driving awareness on climate change during extreme weather events. Contact us Introduction Understanding local media’s reach during extreme weather events Nielsen collaborated with Climate Central, a policy-neutral non-profit climate science organization, to assess the presence of accurate and […]
4 min read
0
  1. Media & Marketing

SUMMER BONUS: Fail Better

Welcome to a special Remarkable Retail podcast summer series focused on what leaders need to do to help their organizations win the future and leap to higher ground. In this six-part limited series, Steve will be unpacking key lessons from his new best-selling book “Leaders Leap: Transforming Your Company at the Speed of Disruption,” available […]
3 min read
0
  1. Department: Consumer Durables

Abercrombie Kids Grows Up with New Global Distribution Deal

Abercrombie & Fitch Co. (A&F Co.) has teamed up with childrenswear licensee Haddad Brands to bring its Abercrombie Kids line to other retail channels globally. Haddad distributes in more than 100 countries and holds similar licenses for brands including Nike, Levi’s, Polo, Tommy Hilfiger and Huggies. Under the agreement, A&F Co. will continue to design, […]
2 min read
0
  1. Technology & Innovation

SUMMER BONUS: Safe Is Risky

Clayton Christensen, the late great Harvard Business School professor, wrote one of the best business strategy books of all time. In his classic “The Innovator’s Dilemma” he explains how successful companies often fail by becoming overly locked into their established business models and optimizing the heck out of them, thereby ignoring, more risky disruptive innovations. […]
2 min read
0
  1. International

Struggling Ted Baker to Shutter Remaining UK Stores

Apparel retailer Ted Baker will reportedly close its 31 remaining UK stores this week, according to the BBC and other news outlets. The company that operates the shops, No Ordinary Designer Label (NODL), has been in administration — the UK’s version of bankruptcy — since March 2024. U.S.-based Authentic Brands Group owns Ted Baker’s intellectual […]
< 1 min read
0
  1. Merchandising

5 ways retailers can excel at change management

​[[{“value”:” Retail never stands still. From evolving shopping behaviors to rising fulfillment expectations, change is the only constant. Successful retailers continuously adapt to stay relevant, seizing opportunities to grow their customer base and market share.     Let’s explore five key strategies to help retailers successfully navigate change in the ever-shifting landscape. 1. Understand the […]
3 min read
0
  1. Channel: Dollar/Value

Dollar General Expands Board with Kamy Scarlett Appointment

In a move that expands their leadership, Dollar General Corporation (NYSE: DG) has appointed Kamy Scarlett to its board of directors, bringing it to a total of 10 members. Scarlett is the senior executive vice president of human resources, corporate affairs, and Best Buy Canada at Best Buy Co., Inc. This type of background will […]
< 1 min read
0
  1. Channel: Restaurants

Starbucks CEO Steps Down Less Than Two Years Later

After less than two years at his post, Laxman Narasimhan is stepping as CEO of Starbucks. Brian Niccol, who currently serves as Chairman and CEO of Chipotle, will take over the head leadership role starting Sept. 9, 2024. Starbucks CFO Rachel Ruggeri will act as interim CEO to support the leadership transition. Narasimhan initially joined […]
3 min read
0
  1. Stores & Formats

Why your Product Startup needs an Outsourced Retail Channel Manager

As a product startup, one of the biggest challenges you face is getting your products in front of the right customers. This is especially true if you are planning to launch your products in retail stores. With increasing competition and ever-changing consumer preferences, it can be overwhelming for startups to manage their retail channels effectively. […]
2 min read
0
  1. Channel: Ecommerce & Digital

SUMMER BONUS: I Love You but You Are Not Serious People

Welcome to a special Remarkable Retail podcast summer series focused on what leaders need to do to help their organizations win the future and leap to higher ground. In this six-part limited series, Steve will be unpacking key lessons from his new best-selling book “Leaders Leap: Transforming Your Company at the Speed of Disruption,” available […]
3 min read
0
  1. Channel: Restaurants

QDOBA Expands Footprint After Winning Best Fast Casual Restuarant

Last month, QDOBA was named the “Best Fast Casual Restaurant” by USA Today 10Best for the sixth consecutive year, reflecting its ongoing commitment to quality and innovation. The award is based on public votes after a panel of industry experts selects nominees, highlighting QDOBA’s success in the competitive fast-casual dining sector. Known for its customizable […]
< 1 min read
0
  1. Department: Nonfood

Pet Valu Brings Omnichannel Ambitions to Life with Tech Partnerships

Pet Valu is partnering with commercetools, Google Cloud and Deloitte to drive its digital commerce transformation. The Canadian specialty pet retailer implemented commercetools through the Google Cloud marketplace and has successfully modernized its digital architecture in just under a year. The composable commerce platform is empowering Pet Valu to build scalable solutions, accelerate speed to […]
2 min read
0
  1. Technology & Innovation

SUMMER BONUS: I’m The Problem. It’s Me.

Welcome to a special Remarkable Retail podcast summer series focused on what leaders need to do to help their organizations win the future and leap to higher ground. In this six-part limited series, Steve will be unpacking key lessons from his new best-selling book “Leaders Leap: Transforming Your Company at the Speed of Disruption,” available […]
3 min read
0
  1. Data & Insights

AI’s Impact on Customer Expectations

Retail is undergoing a remarkable evolution thanks to AI, delivering substantial benefits like personalized customer experiences, efficient supply chain management, and streamlined operations. This has led to enhanced efficiency, reduced costs, and increased customer satisfaction, highlighting AI’s potential in retail. Join us as we explore the key trends to watch for in the upcoming months. […]
3 min read
0
  1. International

Uniqlo expands brick-and-mortar footprint in Canada

​[[{“value”:” The apparel retailer will open four stores in the country this fall in its quest to reach 200 stores in North America by 2027. Published Aug. 1, 2024 A Uniqlo store. Parent company Fast Retailing expects to deliver a “record performance” in 2024. Daphne Howland/Retail Dive “}]] 
< 1 min read
0
  1. Technology & Innovation

SUMMER BONUS: Shift Happens

Welcome to a special Remarkable Retail podcast summer series focused on what leaders need to do to help their organizations win the future and leap to higher ground. In this six-part limited series, Steve is unpacking key lessons from his new best-selling book Leaders Leap: Transforming Your Company at the Speed of Disruption, available everywhere […]
3 min read
0
  1. Corporate Strategy

Starbucks Commits to Solar Purchases that will Power Illinois Communities

Starbucks has committed to long-term purchases of renewable energy generated by community solar provider Nexamp, anchoring the deployment of more than 40 Megawatts of solar energy in Illinois communities. Construction already has begun on the six new community solar projects, which are expected to come online in 2025. In addition to clean energy and savings, […]
2 min read
0
  1. Channel: Restaurants

KFC In The Dark: No Need for Sunglasses

  In the ever-evolving landscape of the quick-service restaurant (QSR) industry, KFC has managed to stay relevant and beloved by many. However, as the Grocerant Guru®, it’s my duty to shed light on areas where even giants like KFC might be lagging. So, let’s take off the rose-tinted glasses and dive into some areas where […]
3 min read
0
  1. Operations & Supply Chain

SUMMER BONUS Episode No. 1: Our Bold New Plan To Suck Less

Welcome to a special Remarkable Retail podcast summer series focused on what leaders need to do to help their organizations win the future and leap to higher ground. In this six-part limited series, Steve will be unpacking key lessons from his new best-selling book “Leaders Leap: Transforming Your Company at the Speed of Disruption,” available […]
3 min read
0
  1. Shopper & Customer

How Canadian Foodservice Operators Can Maximize Their Return on Their Digital Investment

Before the pandemic, digital restaurant ordering accounted for about 6% of sales. But that number jumped to 20% in the spring and summer of 2020. Operators who’d held online ordering at arm’s length realized to stay in business, they would need to embrace some combination of online menus, branded apps, or third-party apps like UberEats […]
3 min read
0
Advertisement

Trending Topics

Editor’s Choice

  1. Channel: Mass
  2. Channel: Mass

Walmart Tops List of Leading US Retailers By 2023 Sales

Walmart leads Forrester’s 2023 US retailer ranking, with Amazon in second. The top 10, representing 38% of total retail sales, remain unchanged from 2022. Walmart has once again secured the top position in Forrester’s annual ranking of the 67 largest US retailers (ranked by 2023 US net retail sales), with Amazon following closely in second […]
Written by

Trending

Advertisement