Channel: Specialty & Other Despite Challenging 2023, Tractor Supply Plans 90+ Store Openings This Year Even in the face of an 8.6% net sales decline in Q4 2023, Tractor Supply still plans to open up to 95 brick-and-mortar stores in 2024, as well as complete its 10th distribution center. Comp store sales in Q4 dipped 4.2%; for the full year of 2023, Tractor Supply’s net sales increased 2.5%, while comp […] Retail TouchPoints February 2, 2024February 2, 2024 < 1 min read Tractor Supply CompanyBrick and MortarPredictions and ForecastsMarketing: Social MediaFood DeliveryDoorDashDept. PetDeliveryResults & InvestmentTargetSustainabilityPartnershipsOperations & Supply ChainExecutives 0 Saving Bookmark this article Bookmarked
Technology & Innovation Amazon Tests Rufus, “AI-Powered Shopping Assistant” Amazon said yesterday that it is testing Rufus, described as “a generative AI-powered expert shopping assistant trained on Amazon’s extensive product catalog, customer reviews, community Q&As, and information from across the web to answer customer questions on a variety of shopping needs and products, provide comparisons, and make recommendations based on conversational context.” Rufus is […] MorningNewsBeat February 2, 2024February 2, 2024 2 min read Technology & InnovationAIAmazonShoppersDept. HBCWeatherPredictions and ForecastsMarketing: UGCDept. NonfoodDept. PetDept. FuelDept. FreshDept. OTCGoogleGovernmentLegal & CriminalMarketing: PrintDept. BeverageAssociatesDept. Toys & Games 0 Saving Bookmark this article Bookmarked
Technology & Innovation Three Important Ways to Enhance the Physical Security of Your Retail Store Alright, so let’s chat about beefing up your store’s security. It’s important to have some top-notch strategies in place to make sure your shop is locked down tighter than a drum. Forget about basic locks—think next level tech and tactics that really work. Stick with us and we’ll reveal what it takes to make a […] Retail Minded February 2, 2024February 2, 2024 3 min read Technology & InnovationSustainabilityStore LocationDept. Pet 0 Saving Bookmark this article Bookmarked
Shopper & Customer Retail Customer Satisfaction On The Upswing The American Customer Satisfaction Index (ACSI) Retail and Consumer Shipping Study 2023-2024 is out, concluding that “overall customer satisfaction surging 4% to a score of 78.0 (out of 100).” According to the report, “More than 60% of retailers measured see their individual ACSI scores improve in 2024 … Customer satisfaction with online retailers remains unchanged […] MorningNewsBeat January 31, 2024January 31, 2024 2 min read ShoppersRegional GroceryConsumersHoliday & EventsCostcoPredictions and ForecastsDept. FuelTrader JoesAmazonPublixHEBDept. PetChewyWalmartMarketing: OOHTech: AR and VROwned Brands (Private Label)Operations & Supply ChainMetaverseMeijerAssociatesDeliveryMarketing: In StoreSustainabilityEconomyTechnology & InnovationDept. GroceryCustomer ExperienceWakefernMarketing: Trade 0 Saving Bookmark this article Bookmarked
Department: Nonfood Building out its physical footprint, Brooklinen opens store in Washington, DC The store, which opened Saturday, is located in the Logan Circle neighborhood in the historic Black Cat concert venue. RetailDive January 29, 2024January 29, 2024 < 1 min read Dept. Pet 0 Saving Bookmark this article Bookmarked
Department: Nonfood The Weekly Closeout: Petco deepens healthcare ties as Sephora’s leadership shakeup continues The pet retailer partnered with Nationwide on customizable pet insurance, while the beauty retailer’s top ranks saw more movement. RetailDive January 27, 2024January 27, 2024 < 1 min read Dept. PetHealth & WellnessDept. HBC 0 Saving Bookmark this article Bookmarked
Department: Nonfood Chewy Invests in Pet Health Through Vet Clinics, Insurance Offering In a keynote session during the final day of the NRF Big Show in New York City last week, Sumit Singh, CEO of pet brand Chewy, outlined the company’s vision for the future, including the growing importance of pet healthcare to the business. Singh was interviewed by Phil Wahba, senior writer at Fortune. Here are […] Joe Keenan January 25, 2024January 25, 2024 3 min read Dept. PetHealth & WellnessChewyTechnology & InnovationResults & InvestmentPredictions and ForecastsOperations & Supply ChainMarketing: Direct & PersonalizationExecutivesDept. Grocery 0 Saving Bookmark this article Bookmarked
Department: Nonfood Are Generalists Pushing Out Pet Supply Pure Players? Pet supplies saw immense growth in 2023, with GMV among top retailers up 16% vs 2022. Generalists Amazon and Walmart contributed largely to the category’s growth, growing their market share at the expense of pet supply pure players, Petco and Chewy. Amazon saw the largest market share gains in the category, up +2.2 pp, while […] 0 Author Missing January 25, 2024January 25, 2024 2 min read Dept. PetData & InsightsWalmartDept. GroceryAmazonCostcoChewyTargetNestle 0 Saving Bookmark this article Bookmarked
Media & Marketing The Perils Of Brand Personalization Based on the business press, you might believe that subscription services are booming. And, for many subscription services, there is an upward trend. Netflix is doing well. Amazon Prime is doing well. But, according to The Wall Street Journal, subscription clothing brand-business, Stitch Fix is having difficulties. Modern Retail points out that Stitch Fix’ 2023 […] 0 Author Missing January 23, 2024January 23, 2024 6 min read Marketing: Direct & PersonalizationDept. PetTechnology & InnovationAIMarketing: BrandShoppersStrategyDept. GroceryDept. ApparelData & InsightsDept. FreshDept. PerimeterMarketing: BroadcastStreamingConsumersPredictions and ForecastsMars Inc.EconomyAmazonMarketing: Loyalty & SubscriptionDept. FuelPackagingPricing & PromotionsHealth & WellnessExecutivesSustainabilityMarketing: TradeConsultingOperations & Supply ChainResults & InvestmentDeliveryCOVID19Customer ExperienceESG and CSR 0 Saving Bookmark this article Bookmarked
Trends & External Forces As consumers pull back on discretionary spending, Chewy focuses on healthcare The online pet retailer’s CEO discussed its recent launch into vet clinics and what’s driving the increased demand for pet health. RetailDive January 19, 2024January 19, 2024 < 1 min read Health & WellnessConsumersChewyDept. PetExecutives 0 Saving Bookmark this article Bookmarked
Trends & External Forces Your Views: Contrarian Views Yesterday we had a piece about how how ESG (environmental, social and governance) and DEI (diversity, equity and inclusion) have lost their luster with many companies. One MNB reader responded: First of all, I appreciate your nuanced position on ESG and DEI, which is in keeping with your ability to see all sides of any […] MorningNewsBeat January 17, 2024January 17, 2024 10 min read Health & WellnessGovernmentTrends: Food and BeverageDept. FreshDept. GroceryESG and CSRConsumersShoppersDept. FrozenTechnology & InnovationReturnsCompetitionLegal & CriminalEconomyDept. PetPackagingAssociatesPredictions and ForecastsKraftHeinzAmazonMarketing: Social MediaDept. DairyInclusivityDept. ApparelDept. Natural / OrganicMarketing: Loyalty & SubscriptionResults & InvestmentAlimentation Couche-TardMerchandisingNestleOperations & Supply ChainDept. RefrigeratedStore LocationStrategySustainabilityDept. HBCDeliveryData & InsightsBOPISAgencies 0 Saving Bookmark this article Bookmarked
Shopper & Customer 4 Retail Resolutions to Help Businesses Become More Profitable Whether or not New Year resolutions are your thing, I think it’s fair to say everyone would like their year ahead to be more profitable. How they aim to accomplish that may vary, but the simple goal of making more profit when operating your business rarely – if ever – escapes a professional’s wish list […] Retail Minded January 11, 2024January 11, 2024 4 min read ConsumersPredictions and ForecastsOperations & Supply ChainDeliveryShoppersStrategyPricing & PromotionsDept. PetBrick and MortarESG and CSRMarketing: Social MediaCompetitionDept. NonfoodMarketing: MobileHealth & WellnessMarketing: ShopperMarketing: Loyalty & SubscriptionDept. HBCDept. ApparelMerchandisingData & InsightsPartnershipsBOPIS 0 Saving Bookmark this article Bookmarked
Data & Insights December 2023 Earnest Analytics Spend Index Track consumer spending for free Access chart in Dash. Earnest Analytics Spend Index powered by Orion transaction data fell below year-ago levels in December, with a slight deceleration in in-store exacerbated by a large deceleration in online. Active & Athleisure, Off-Price Department Stores, and Fashion Resale outperformed the broader apparel category, up mid-single digits YoY. […] Earnest Research January 9, 2024January 9, 2024 1 min read Data & InsightsTechnology & InnovationAIConsumersRestaurantsDept. NonfoodDept. ApparelMarketing: In StoreResults & InvestmentHealth & WellnessDept. PetBrick and MortarData VisualizationDeliveryOperations & Supply ChainPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Shopper & Customer Holiday Retail Trends 2023: Essential Insights for Online Brands & Retailers Analyzing the holiday retail trends of 2023 can illuminate the path forward for brands and retailers and clarify the steps they need to take to stay competitive. Data can help identify the promotional strategies that resonated with consumers, the products that flew off the virtual shelves, and the ones that didn’t. With this knowledge, brands […] Wiser Retail Strategies January 8, 2024January 8, 2024 4 min read ConsumersHoliday & EventsData & InsightsTrends: RetailDept. PetShoppersPricing & PromotionsPredictions and ForecastsMarketing: TradeOperations & Supply ChainCompetitionDept. NonfoodMarketing: Social MediaReturnsTargetMerchandisingThick DataDeliveryStrategyStore LocationPartnershipsWalmartAmazon 0 Saving Bookmark this article Bookmarked
CPG: Food Oscar Mayer Opens Applications to Get Behind the Wheel of an American Icon: The Wienermobile PITTSBURGH & CHICAGO–(BUSINESS WIRE)–Hot Dog! Today, Oscar Mayer® announced the opening of Hotdogger applications, inviting fans to apply for a one-year, full-time, paid gig behind the wheel of the iconic Wienermobile. Open through January 31, the relished position offers fans the opportunity to become official spokespeople of the brand while living out its mission: sparking […] BusinessWire - Supermarket January 8, 2024January 8, 2024 < 1 min read KraftHeinzDept. PetPricing & Promotions 0 Saving Bookmark this article Bookmarked
Trends & External Forces Albertsons Hosts Competition for Emerging Natural and Specialty Brands Albertsons is accepting applications for its second annual Innovation Launchpad competition, seeking up-and-coming specialty and natural brands representing food, beverage and pet products. Applications can be submitted through Jan. 19, 2024, and 50 finalists will be chosen to present their brands to a panel of judges. Awards for the top three winners will be presented […] Retail TouchPoints January 8, 2024January 8, 2024 2 min read CompetitionDept. PetRegional GroceryAlbertsons / SafewayDept. Natural / OrganicPredictions and ForecastsDept. BeverageMarketing: Social MediaHealth & WellnessTrends: Food and BeverageTechnology & InnovationDept. GroceryIndustry Conferences and EventsDept. FrozenMerchandisingData & InsightsOperations & Supply ChainExecutives 0 Saving Bookmark this article Bookmarked
Trends & External Forces Albertsons Hosts Competition for Emerging Natural and Specialty Brands Albertsons is accepting applications for its second annual Innovation Launchpad competition, seeking up-and-coming specialty and natural brands representing food, beverage and pet products. Applications can be submitted through Jan. 19, 2024, and 50 finalists will be chosen to present their brands to a panel of judges. Awards for the top three winners will be presented […] Retail TouchPoints January 8, 2024January 8, 2024 2 min read CompetitionDept. PetRegional GroceryAlbertsons / SafewayDept. Natural / OrganicPredictions and ForecastsDept. BeverageMarketing: Social MediaHealth & WellnessTrends: Food and BeverageTechnology & InnovationDept. GroceryIndustry Conferences and EventsDept. FrozenMerchandisingData & InsightsOperations & Supply ChainExecutives 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital 17-Year-Old Makes Over $30K Per Month With Amazon Side Hustle 17-year-old Bella Lin used her $2,000 savings to start an Amazon side business, which she created to solve the problem of disappearing pet guinea pigs. RetailWire January 8, 2024January 8, 2024 < 1 min read AmazonDept. Pet 0 Saving Bookmark this article Bookmarked
Associates & Employees Costco Blames Itself For Unionization Drive Costco is getting notice for how it is dealing with a vote by employees in Norfolk, Virginia, to unionize. The vote last month means that 238 workers in Norfolk will join the Teamsters, in what the employees say is an effort to improve working conditions; CNN writes that “the workers said their hope in becoming […] MorningNewsBeat January 6, 2024January 6, 2024 4 min read AssociatesCostcoExecutivesRestaurantsAmazonGovernmentInclusivityWalmartPredictions and ForecastsTrader JoesPodcastsDept. PetHealth & WellnessPricing & PromotionsBrick and MortarTargetCOVID19 0 Saving Bookmark this article Bookmarked
Technology & Innovation Bark’s chief technology officer to exit [[“value”:” Dive Brief Nari Sitaraman will step down this month after holding the role since 2021. Eric Picard, vice president of product management, will take on the CTO responsibilities. Published Jan. 2, 2024 A person walking by a Bark sign. The online pet retailer in November received a notice that it had fallen out of […] RetailDive January 2, 2024January 2, 2024 < 1 min read Technology & InnovationPredictions and ForecastsExecutivesDept. Pet 0 Saving Bookmark this article Bookmarked
Department & Category Is your Food Marketing Calander Ready for 2024 If you have just a few holes in your restaurant, convenience stores or bodega food marketing Calander or if you have been running behind and have not started. Here are some ideations and according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® “you might want to look at this list of […] Grocerant Guru December 27, 2023December 27, 2023 4 min read Dept. GroceryRestaurantsDept. BeverageData & InsightsMarketing: Social MediaPredictions and ForecastsDept. BakeryInternationalDept. FreshDept. DairyDept. Adult BevShoppersMeta (Facebook)Dept. FrozenESG and CSRDept. PetTwitterPricing & PromotionsHoliday & EventsConsumersBrick and Mortar 0 Saving Bookmark this article Bookmarked
Technology & Innovation RTIH Innovation Awards winner Barron McCann discusses top retail technology trends and priorities for 2024 Gary Piper is Sales Director at Barron McCann, which provides IT services to customers throughout the UK and Europe, and works across retail, hospitality, travel, banking and payments. The company was recently highly commended for its work with Pets at Home at the 2023 RTIH Innovation Awards and here, Piper shares his thoughts on the […] Retail Technology Innovation Hub December 23, 2023December 23, 2023 3 min read Technology & InnovationDept. PetConsumersMarketing: Social MediaTwitterInternational - UKPredictions and ForecastsCOVID19Trends: TechDept. GroceryShoppersMarketing: BroadcastData & InsightsMarketing: Loyalty & SubscriptionMarketing: In StorePartnershipsResults & InvestmentAssociates 0 Saving Bookmark this article Bookmarked
Channel: Mass Target brings dog mascot Bullseye to Las Vegas Sphere for holiday blitz The largest version of the Bull Terrier character yet is joined by an 11-story gingerbread Target for the snowglobe-inspired takeover. MarketingDive December 19, 2023December 19, 2023 < 1 min read TargetHoliday & EventsDept. Pet 0 Saving Bookmark this article Bookmarked
Trends & External Forces Crafting Winning eCommerce eMail Campaigns In 2024 – A Guide to Success So you’re in the eCommerce ring, aiming to pack a punch with your email campaigns? Think of it as prepping your secret sauce – a mix of personality and smarts that gets customers clicking faster than hot snaps on a griddle. Below, we take a dive into the nitty-gritty of crafting emails that don’t just […] Retail Minded December 18, 2023December 18, 2023 3 min read ShoppersPredictions and ForecastsAmazonMarketing: Direct & PersonalizationDept. PetData & InsightsDept. BeverageStrategyStore LocationDept. ApparelDeliveryData Visualization 0 Saving Bookmark this article Bookmarked
Data & Insights Amazon Private Label Disrupting Pet Hard Goods Players In recent years, there has been a noticeable shift from traditional brick-and-mortar shopping to a preference for online retail among consumers. The pet industry seems to be following suit and embracing the digital shift. This trend is supported by the market share that Amazon has gained in this sector. Within the pet supplies market holistically, […] 0 Author Missing December 14, 2023December 14, 2023 2 min read Data & InsightsDept. PetAmazonOwned Brands (Private Label)Marketing: In StoreConsumersChewy 0 Saving Bookmark this article Bookmarked
Media & Marketing How Place Powers Retail Brand Advantage In 2017, pre-pandemic, Starbucks founder and Chairman, Howard Schultz, said that the way forward for brand-businesses is making your branded space an “experiential destination.” The Starbucks CEO, Kevin Johnson said, “To survive, merchants need to create unique and immersive in-store experiences.” Today, after several years of lock-downs, people are shopping outside of their homes. People […] 0 Author Missing December 13, 2023December 13, 2023 5 min read Brick and MortarMarketing: BrandStrategyShoppersDept. ApparelRestaurantsMarketing: In StoreEconomyExecutivesTechnology & InnovationCOVID19Dept. HBCAssociatesSustainabilityData & InsightsReturnsDept. NonfoodMerchandisingMarketing: Direct & PersonalizationPredictions and ForecastsDept. GroceryDept. BeverageDept. PetDeliveryDept. DairyUnilever 0 Saving Bookmark this article Bookmarked
Technology & Innovation The Digital Economy Beat With brief, occasional, italicized and sometimes gratuitous commentary… • From the Seattle Times: “Zulily, the Seattle-based online retailer that recently announced it is going out of business, has sued its one-time rival Amazon. “In a complaint filed Monday in Seattle, Zulily accused the e-commerce giant of using the same anticompetitive business practices at the center […] MorningNewsBeat December 13, 2023December 13, 2023 2 min read Technology & InnovationAIAmazonEconomyDept. PetConsumersRestaurantsLegal & CriminalGovernmentCompetitionPredictions and ForecastsDept. GroceryStore LocationAssociatesMarketing: VoiceResults & InvestmentGoogle 0 Saving Bookmark this article Bookmarked
Data & Insights Poetry. “Prose: words in their best order; poetry: the best words in the best order.” ―Samuel Taylor Coleridge “As it happens, I am still committed to the idea that the ability to think for one’s self depends upon one’s mastery of the language.” ―Joan Didion Poetry is a form of “accelerated thinking”. Poems combine depth of […] Rishad Tobaccowala December 10, 2023December 10, 2023 3 min read Data & InsightsLegal & CriminalGeneral BusinessUnileverPredictions and ForecastsTechnology & InnovationStrategyGovernmentDept. PetDept. OTCDept. HBCDept. DairyDept. BeverageBrick and MortarAmazon 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Chewy names new CFO [[“value”:” Dive Brief The DTC pet supplies retailer has been looking for someone to fill the role on a permanent basis after Mario Marte stepped down from the role in July. Published Dec. 7, 2023 A Chewy fulfillment center. David Reeder joins the online pet supplies retailer from semiconductor manufacturer GlobalFoundries where he served as […] RetailDive December 7, 2023December 7, 2023 < 1 min read ChewyExecutivesDept. Pet 0 Saving Bookmark this article Bookmarked
Shopper & Customer The 8 biggest party trends for 2024 Picture this: You’re invited to an event hosted by your male friends in their late twenties. It’s not a birthday party or engagement, or even New Years’. No – it’s a glitter-filled Eurovision party. Passing revelers dressed as ABBA and Conchita Wurst, you sip on non-alcoholic beer and cheers to good times. The winner’s announced, […] GWI (Global Web Index) December 7, 2023December 7, 2023 7 min read ConsumersTechnology & InnovationMarketing: Social MediaAIPredictions and ForecastsESG and CSRDept. Adult BevDept. BeverageHealth & WellnessStrategyMarketing: TradeHoliday & EventsCOVID19Data & InsightsMarketing: BroadcastDept. GroceryDept. BakerySustainabilityTargetDept. NonfoodDept. DairyDept. PetBig DataEconomyPartnershipsPricing & PromotionsDept. Toys & Games 0 Saving Bookmark this article Bookmarked
Media & Marketing Corporate Strategy Media & Marketing Data & Insights Shopper & Customer Trends & External Forces Charted: Car Brand Loyalty in 2024 See this visualization first on the Voronoi app. Car Brand Loyalty in 2024 This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. This graphic visualizes the best and worst car brands in terms of brand loyalty. […] Written by Visual Capitalist March 26, 2024March 26, 2024 Saving Bookmark this article Bookmarked
Retail Ecosystem ESG Media & Marketing Agencies & Vendors Retail Ecosystem Data & Insights International Shopper & Customer Technology & Innovation Trends & External Forces Operations & Supply Chain Key Takeaways From Shoptalk Spring 2024 Shoptalk always brings the best and brightest minds of the industry together for four days packed with insights, networking opportunities, trend predictions and so much more. This year, the spring event in Las Vegas was no exception. But like many other major industry events, Shoptalk can feel like you’re sprinting a marathon — there’s so […] Written by TotalRetail March 25, 2024March 26, 2024 Saving Bookmark this article Bookmarked
Department: Consumer Durables Department: Consumer Durables Corporate Strategy Corporate Finance Partnerships & Alt Profit Shopper & Customer Trends & External Forces Stores & Formats Nike Pivots, Embraces Wholesale Once Again Amid faltering demand for shoes and clothing as well as slipping digital sales, Nike Inc. said last week that it will bank a lot more on the thing it has spent the past several years turning away from: other retailers. Executives discussed those plans on Nike’s earnings call, during which it announced that while fiscal […] Written by TotalRetail March 25, 2024March 26, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces Department: Food Department: Nonfood ESG Partnerships & Alt Profit Agencies & Vendors International Shopper & Customer Trends & External Forces Operations & Supply Chain Retail Leaders Weigh in on the FTC’s Proposed Updates to the Green Guides The Federal Trade Commission (“FTC”) is set to release an updated version of its Guides for the Use of Environmental Marketing Claims this year. These “Green Guides” — which haven’t been updated in over a decade — do not have the force of law but provide marketers with guidance on how to make properly substantiated […] Written by TotalRetail March 25, 2024March 26, 2024 Saving Bookmark this article Bookmarked
Channel: Grocery Technology & Innovation Trends & External Forces Kroger SWOT Analysis 2024 The Cincinnati superstar is the largest traditional supermarket company in the U.S. Although Kroger has served Americans since 1883, its essence is remarkably modern. Written by Lisa Goller March 21, 2024March 21, 2024 Saving Bookmark this article Bookmarked