Trends & External Forces Thursday Eye-Opener: Missing Word by Kevin Coupe So, I got an email yesterday pointing out that a One Medical office will be opening shortly in my town. It linked to a 511-word press release that said: “One Medical, the modern hybrid virtual and in-office primary care organization, today announced it will bring its high-quality health care to Connecticut with […] MorningNewsBeat June 8, 2023June 8, 2023 2 min read Health & WellnessDept. NonfoodAmazonStore LocationWhole FoodsAcquisitionPricing & PromotionsPress ReleaseDept. HBCConsumersAssociates 0 Saving Bookmark this article Bookmarked
Media & Marketing E-commerce integration platform as a service firm Patchworks joins the MACH Alliance E-commerce integration platform as a service (iPaaS), Patchworks, has joined the MACH Alliance as an ISV (independent software vendor) member. According to a press release: “A MACH (Microservices, API first, Cloud native SaaS and Headless) architecture gives companies a greater degree of agility, allowing them to deliver new features to customers at speed.” “As organisations […] Retail Technology Innovation Hub June 7, 2023June 7, 2023 2 min read Marketing: SocialTwitterPredictions and ForecastsTechnology & InnovationOperations & Supply ChainExecutivesUnileverPress ReleasePartnershipsDept. NonfoodCustomer Experience 0 Saving Bookmark this article Bookmarked
Associates & Employees NRF sounds alarm over labor impasse WASHINGTON – The National Retail Federation is reiterating its call for the Biden administration to get involved in stalled labor negotiations after reports of shutdowns over the weekend at two California ports. Shutdowns at the Port of Oakland and the Port of Long Beach come as the International Longshore and Warehouse Union (ILWU) and the […] MMR June 5, 2023June 5, 2023 2 min read AssociatesOperations & Supply ChainDeliveryConsumersEconomyGovernmentInternationalPress ReleaseExecutivesPartnershipsHoliday & Events 0 Saving Bookmark this article Bookmarked
Merchandising BJ’s posts record net income, adjusted EBITDA MARLBOROUGH, Mass. – BJ’s Wholesale Club Holdings Inc. today posted first-quarter earnings that the warehouse club operator said reflect strong traffic growth, market-share gains and an improved merchandise margin. “We reported a record first quarter in net income and adjusted EBITDA, demonstrating the power of our business model and the warehouse club channel,” Bob Eddy, […] MMR May 23, 2023May 23, 2023 2 min read Dept. FuelOperations & Supply ChainResults & InvestmentExecutivesStore LocationBJ’s Wholesale ClubEconomyMarketing: TradePress ReleasePricing & Promotions 0 Saving Bookmark this article Bookmarked
Corporate Strategy Gap to Lay Off 1,800 Employees as Part of Restructuring Plan Gap Inc. will cut approximately 1,800 jobs from its headquarters and upper-field workforce as it seeks to “simplify and optimize its operating model and structure,” according to an April 25, 2023 SEC filing. The layoffs, which will cost Gap $100 to $120 million in employee-related and consulting costs, are expected to be completed by July […] Retail TouchPoints April 30, 2023April 30, 2023 2 min read ExecutivesAssociatesOperations & Supply ChainPress ReleaseMerchandisingGovernmentEconomyConsulting 0 Saving Bookmark this article Bookmarked
Corporate Strategy Gap to Lay Off 1,800 Employees as Part of Restructuring Plan Gap Inc. will cut approximately 1,800 jobs from its headquarters and upper-field workforce as it seeks to “simplify and optimize its operating model and structure,” according to an April 25, 2023 SEC filing. The layoffs, which will cost Gap $100 to $120 million in employee-related and consulting costs, are expected to be completed by July […] Retail TouchPoints April 29, 2023May 1, 2023 2 min read ExecutivesAssociatesOperations & Supply ChainPress ReleaseMerchandisingGovernmentEconomyConsulting 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Target Launches Curbside Returns in Select States Target is making it easier for customers to return products, launching curbside returns last week that allows people to make returns from the comfort of their cars. The retailer’s goal is to roll out the service to all stores by the end of the summer, but for now it’s available in a quarter of Target’s […] Marie Albiges April 26, 2023April 26, 2023 < 1 min read ReturnsTargetBOPISConsumersCOVID19Brick and MortarDept. NonfoodDept. Sporting goodsMarketing: In StorePress ReleaseUnileverDept. ApparelWalmart 0 Saving Bookmark this article Bookmarked
Corporate Strategy Ikea to Invest $2.2B in Plan to Boost US Business Ikea will invest more than $2.2 billion over the next three years into its omnichannel growth strategy in the U.S., marking the Swedish home and furniture company’s biggest investment push since it opened in the U.S. nearly 40 years ago. The retailer’s $2.2 billion investment will be used for a variety of efforts, including expanding new […] Joe Keenan April 21, 2023April 21, 2023 2 min read Brick and MortarOmnichannelStrategyResults & InvestmentBOPISOperations & Supply ChainConsumersSustainabilityMarketing: Direct & PersonalizationPress ReleaseExecutivesAssociates 0 Saving Bookmark this article Bookmarked
Corporate Finance David’s Bridal Files for Bankruptcy, Looks for Buyer David’s Bridal filed for bankruptcy earlier this week just days after announcing plans to lay off more than 9,000 workers nationwide later this year. The popular wedding dress retailer said its stores and e-commerce website will remain open during the financial restructuring process. David’s Bridal executives said they’re trying to arrange a sale of the […] Joe Keenan April 20, 2023April 20, 2023 < 1 min read BankruptcyEconomyResults & InvestmentBrick and MortarCOVID19CompetitionConsumersExecutivesSustainabilityDept. ApparelMerchandisingPress ReleaseRecommerceShoppersAssociates 0 Saving Bookmark this article Bookmarked
Channel: Restaurants McDonald’s Upgrades Its Burger Line Food & Wine reports that “McDonald’s is rolling out what it calls its ‘best burgers ever’ in select cities. The update will affect a few core McDonald’s items, including the Big Mac, McDouble, Cheeseburger, Double Cheeseburger, and Hamburger, essentially its entire classic burger lineup … According to the press release, McDonald’s says the upgrades will […] MorningNewsBeat April 18, 2023April 18, 2023 < 1 min read RestaurantsDept. DairyTechnology & InnovationPress ReleaseDept. GroceryDept. BeverageDept. BakeryDept. Adult Bev 0 Saving Bookmark this article Bookmarked
Retail Operations OneRail Solutions Now Available on the Shopify App Store to Accelerate Omnichannel e-Commerce ORLANDO, Fla.–(BUSINESS WIRE)– #finalmiledelivery–OneRail Shopify Press Release April 11 BusinessWire - Supermarket April 11, 2023April 11, 2023 < 1 min read OmnichannelShopifyPress Release 0 Saving Bookmark this article Bookmarked
Data & Insights NRF Plans for Cybersecurity in 2023 The National Retail Federation (NRF) and the Retail & Hospitality Information Sharing and Analysis Center (RH-ISAC) are teaming up to improve retail cybersecurity. The two industry-leading organizations will be combining their efforts in intelligence and threat monitoring. The goals of this partnership, announced in January 2023, include enhancing access to cybersecurity news, guidance, education and […] Retail TouchPoints April 9, 2023April 9, 2023 4 min read Technology & InnovationAILegal & CriminalPartnershipsConsumersPodcastsDept. NonfoodData & InsightsResults & InvestmentOmnichannelTargetTech: AIPress ReleasePredictions and ForecastsData VisualizationESG and CSRDept. PerimeterAssociatesDept. Natural / OrganicDept. FreshTech: IoT 0 Saving Bookmark this article Bookmarked
Technology & Innovation Featuring Grab2Go, Karakuri, and Valtech: RTIH’s biggest retail technology articles on LinkedIn right now We’re big fans of LinkedIn and are busy building an amazing community of retail tech enthusiasts on the social media platform. These are the articles that are currently on their radars, including Specsavers, Nando’s, Amazon, Tesco, Obsess, Covariant, and In The Style. Valtech announces partnership with Specsavers to optimise optical retailer’s customer facing technology Having […] Retail Technology Innovation Hub April 7, 2023April 7, 2023 4 min read Technology & InnovationAITech: RoboticsMarketing: SocialPartnershipsTrends: TechDept. ApparelInternational - UKTwitterShoppersTescoBrick and MortarMetaverseHealth & WellnessResults & InvestmentOperations & Supply ChainExecutivesSustainabilityRestaurantsAgenciesDept. GroceryMarketing: In StoreAmazonDept. PharmacyPredictions and ForecastsDept. FuelCustomer ExperienceStart UpsAhold DelhaizeOcadoESG and CSRInternational - North AmericaMarketing: BroadcastMerchandisingPress ReleaseBankruptcyData & InsightsAssociatesConsumersDeliveryStrategyWalmart 0 Saving Bookmark this article Bookmarked
CPG & FMCG The GPT Guys New York, NY: The CPG Guys announce today that due to overwhelming demand for their podcasting service they are rebranding their flagship podcast as “The GPT Guys”. Using generative #AI technology they ingested from about 111 different Shoptalk presentations on the topic, The GPT Guys will provide listeners and podcast guests with the experience of being interviewed by The GPT Guys […] The CPG Guys April 1, 2023April 1, 2023 2 min read Marketing: SocialPodcastsTechnology & InnovationAIIndustry Conferences and EventsChatGPTMarketing: Retail MediaAssociatesFlagship StoresOperations & Supply ChainPress ReleaseMarketing: Brand 0 Saving Bookmark this article Bookmarked
Corporate Strategy Macy’s CEO Jeff Gennette to Retire Next Year Jeff Gennette, who has led Macy’s as the department store chain’s CEO since 2017, announced Wednesday that he will be retiring next year after a four-decade career with the company. Gennette, 61, plans to step down in February, Macy’s said in a company press release. “Serving Macy’s, Inc. over the past 40 years has been […] Marie Albiges March 30, 2023March 30, 2023 < 1 min read ExecutivesStrategyOmnichannelCOVID19Technology & InnovationOperations & Supply ChainPress ReleaseResults & InvestmentShoppersBrick and Mortar 0 Saving Bookmark this article Bookmarked
Shopper & Customer 7-Eleven Is Getting All Charged Up for the Next Generation of Customers Looking a customer ahead is what good companies do. It is one of the successes that Steven Johnson our Grocerant Guru® regularly discuses on this blog. 7-Eleventhe world’s largest convenience store chain has picked up and shared more success clues than almost any other retail food chain. Now 7‑Eleven Inc. is getting into the […] Grocerant Guru March 25, 2023March 25, 2023 3 min read Shoppers7-Eleven & SpeedwayGoogleData & InsightsConsumersDept. GroceryDept. FuelBrick and MortarSustainabilityPricing & PromotionsPress ReleasePredictions and ForecastsMarketing: SocialInternational - North AmericaExecutives 0 Saving Bookmark this article Bookmarked
Trends & External Forces ChildLife Essentials launches new organic liquid elderberry supplement for kids' immune health – press release ChildLife Essentials, a leading brand of natural supplements for children, has announced the launch of its new Organic Liquid Elderberry supplement. This powerful formula is specifically designed to support kids’ immune health and promote overall wellness. The elderberry extract is sourced from organic, non-GMO European black elderberries, and is free of artificial colors, flavors, and […] New Hope Network March 23, 2023March 23, 2023 < 1 min read Health & WellnessDept. Natural / OrganicPress Release 0 Saving Bookmark this article Bookmarked
Channel: Mass Five Below to Target High Earners With 400 More Five Beyond Stores Five Below plans to expand its higher-priced Five Beyond concept by converting 400 more store locations, reports PYMNTS. The specialty discount store is looking to appeal to a new demographic of customers with its Five Beyond concept, which sells items priced above $5 but “still below the rest,” according to the company website. The new store prototype is […] Kristina Stidham March 17, 2023March 17, 2023 < 1 min read Brick and MortarConsumersTargetShoppersResults & InvestmentCOVID19Customer ExperienceEconomyExecutivesOperations & Supply ChainPress ReleaseStore FormatTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Trends & External Forces NOW AVAILABLE: The 2023 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers I am pleased to announce our new 2023 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers, available for purchase and immediate download. Click here to download a free report overview (including key industry trends, the Table of Contents, and a List of Exhibits) New Drug Channels Institute Study Analyzes Impact of Inflation Reduction Act […] Drug Channels March 14, 2023March 14, 2023 3 min read Dept. PharmacyData & InsightsEconomyMarketing: SocialData VisualizationConsultingPress ReleaseMeta (Facebook) 0 Saving Bookmark this article Bookmarked
Trends & External Forces WeightWatchers Announces Plans to Buy Obesity Treatment Platform Sequence WeightWatchers announced its plans to purchase Sequence, a subscription telehealth platform specializing in treatment for people with obesity. The acquisition will cost WeightWatchers $132 million and will be completed in the second quarter of the year, the company said in a press release Monday. Sequence, a startup that launched in 2021, gives patients the option to […] Marie Albiges March 9, 2023March 9, 2023 < 1 min read Health & WellnessAcquisitionExecutivesTechnology & InnovationPress ReleaseData & InsightsPartnerships 0 Saving Bookmark this article Bookmarked
Trends & External Forces Best Buy Partners With Atrium Health to Support In-Home Hospital Care Best Buy announced Tuesday it has struck a three-year deal with Atrium Health, an integrated, nonprofit health system part of Advocate Health, to help enable a hospital-at-home program, reports CNBC. Atrium Health is part of Advocate Health, one of the country’s largest healthcare nonprofits. The consumer electronics retailer will sell devices and its Geek Squad will handle […] Kristina Stidham March 8, 2023March 8, 2023 2 min read Health & WellnessBest BuyPartnershipsResults & InvestmentPress ReleaseConsumersTechnology & InnovationExecutivesDept. NonfoodDept. Consumer ElectronicsUnilever 0 Saving Bookmark this article Bookmarked
Data & Insights Hands on with Bing’s ChatGPT integration for pitching and more AI is already making big leaps forward. Back in December, we tried the then-new ChatGPT to see how it could handle writing an article and a press release. The results were mixed. The article was decent; the press release was a bit of a disaster. Part of the problem with the press release is that […] PR Daily March 6, 2023March 6, 2023 4 min read AITechnology & InnovationMarketing: SocialChatGPTData & InsightsTwitterESG and CSRPress ReleaseOwned Brands (Private Label)GoogleDept. NonfoodStrategyMarketing: VoiceInclusivityExecutivesDept. Pet 0 Saving Bookmark this article Bookmarked
Shopper & Customer Michael’s Joins The Online Marketplace Parade Arts and crafts chain Michael’s has announced that it is launching a new online marketplace that will use third-party sellers to triple the number of products it makes available to shoppers – at the moment, the SKU count stands at 250,000, and the marketplace should add another 750,000. The move is part of what Michaels […] MorningNewsBeat March 2, 2023March 2, 2023 < 1 min read ShoppersOperations & Supply ChainDeliveryConsumersWalmartVendorsPress ReleaseAmazon 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger Reports Fourth Quarter and Full-Year 2022 Results Announces Growth Expectations for 2023 Company Release – 3/2/2023 Fourth Quarter Highlights Fiscal 2022 Highlights CINCINNATI, March 2, 2023 /PRNewswire/ — The Kroger Co. (NYSE: KR) today reported its fourth quarter and fiscal year 2022 results, provided 2023 guidance and updated investors on how Leading with Fresh and Accelerating with Digital continues to position Kroger for long-term sustainable growth. Comments from Chairman and CEO Rodney […] Kroger Press Releases March 2, 2023March 2, 2023 9 min read KrogerAssociatesResults & InvestmentDept. FuelShoppersEconomySustainabilityPredictions and ForecastsDept. GroceryHealth & WellnessGovernmentDept. FreshStrategyOperations & Supply ChainReturnsDept. PharmacyBrick and MortarMergersDept. DairyOwned Brands (Private Label)DeliveryAlbertsons / SafewayCOVID19Marketing: Direct & PersonalizationConsumersDept. Natural / OrganicPartnershipsExecutivesWeatherUnileverCompetitionTargetPress ReleaseInclusivityData & InsightsTrends: Food and BeverageTrends: ConsumerMarketing: TradeMarketing: Loyalty & SubscriptionESG and CSRMarketing: In Store 0 Saving Bookmark this article Bookmarked 5
Technology & Innovation MillerKnoll 3D leader and La-Z-Boy alumna added to 3D Cloud by Marxent advisory board 3D Cloud by Marxent, a 3D experience platform for the furniture and home improvement spaces, has announced the appointment of Lorna Jean Marcuzzo of MillerKnoll and Gail Applin, formerly of La-Z-Boy, to its advisory board. Marcuzzo, currently Senior Digital Product Manager for 3D Visualisation at MillerKnoll, brings over a decade of experience in the contract […] Retail Technology Innovation Hub February 24, 2023February 24, 2023 2 min read Technology & InnovationAIMarketing: SocialConsumersTwitterStrategyMetaverseCustomer ExperienceInternational - UKPress ReleaseTech: AR and VRShoppersTrends: TechPredictions and ForecastsBrick and MortarOperations & Supply ChainExecutivesPartnerships 0 Saving Bookmark this article Bookmarked
Channel: Mass Dick’s Sporting Goods to Acquire Moosejaw From Walmart Dick’s Sporting Goods is buying the outdoor retailer Moosejaw from Walmart for an undisclosed amount of money, Dick’s announced Wednesday in a press release. Moosejaw was acquired by Walmart for a reported $51 million in 2017. It’s mostly an e-commerce platform, but operates brick-and-mortar locations in Arkansas, Colorado, Illinois, Kansas and Missouri. Moosejaw will join Dick’s […] Marie Albiges February 22, 2023February 22, 2023 < 1 min read WalmartAcquisitionDept. NonfoodDept. Sporting goodsBrick and MortarCOVID19ShoppersExecutivesMerchandisingOperations & Supply ChainDept. ApparelData & InsightsPress Release 0 Saving Bookmark this article Bookmarked
Associates & Employees The Home Depot to Invest $1B to Raise Hourly Employee Wages The Home Depot on Tuesday said it will spend an additional $1 billion to give its hourly employees a raise, as retailers and restaurants compete for workers, reports CNBC. The home improvement retailer announced the wage investment as it reported fourth-quarter earnings. It didn’t disclose the new average wage for employees, but said every market’s starting wage is […] Kristina Stidham February 22, 2023February 22, 2023 < 1 min read AssociatesHome DepotResults & InvestmentTechnology & InnovationCustomer ExperienceDept. NonfoodWalmartBrick and MortarExecutivesInternational - North AmericaPress ReleaseRestaurantsShoppers 0 Saving Bookmark this article Bookmarked
Channel: Grocery Ahold Delhaize posts 4Q sales gains ZAANDAM, the Netherlands – Ahold Delhaize reported a 9.2% increase in net sales at its U.S. operations in the fourth quarter of 2022. Comparable-store sales were up 9.3% at U.S. banners Food Lion, Stop & Shop, The Giant Co., Giant Food, Hannaford and FreshDirect. Online sales in the United States increased 17.3% in constant currency […] MMR February 15, 2023February 16, 2023 2 min read Ahold DelhaizeDept. GroceryHealth & WellnessBrick and MortarExecutivesResults & InvestmentInternationalDept. FreshEconomyDept. PerimeterCOVID19Marketing: Loyalty & SubscriptionMerchandisingOperations & Supply ChainPredictions and ForecastsPress ReleaseFreshDirectSustainability 0 Saving Bookmark this article Bookmarked
Corporate Finance Tuesday Morning Files Chapter 11 for the 2nd Time in 3 Years Off-price home good and décor retailer Tuesday Morning announced it’s filing for Chapter 11 bankruptcy protection. The company is “pursuing a financial and operational reorganization to enable it to reduce its outstanding liabilities, obtain significant and necessary capital, and ultimately transform into a nimbler retailer that serves heritage markets in a profitable manner,” according to a […] Kristina Stidham February 15, 2023February 15, 2023 < 1 min read BankruptcyResults & InvestmentBrick and MortarOperations & Supply ChainCOVID19AcquisitionStrategyDept. NonfoodDept. Sporting goodsPredictions and ForecastsPress Release 0 Saving Bookmark this article Bookmarked
Technology & Innovation Interview: Elias Samuel Klemm, Sr. Software Engineer, SumUp On February 23rd, 2023, E-commerce Berlin Expo is taking place. This event gave us the opportunity to meet and exchange with E-commerce solutions from all over the world. In this context, I had the opportunity to exchange with Elias Samuel Klemm, Sr. Software Engineer at SumUp: Can you introduce yourself and your background? Elias is […] Ecommerce Nation February 15, 2023February 15, 2023 4 min read Technology & InnovationSustainabilityResults & InvestmentShoppersDept. NonfoodESG and CSRPartnershipsData & InsightsCustomer ExperiencePricing & PromotionsPress ReleaseDept. Natural / OrganicThick DataHealth & WellnessEconomyOperations & Supply ChainPhilanthropy 0 Saving Bookmark this article Bookmarked
Channel: Mass Channel: Grocery - Natural Channel: Mass Channel: Specialty & Other Department & Category Department: Consumer Durables Department: Nonfood Corporate Strategy Media & Marketing Shopper & Customer Trends & External Forces Merchandising Stores & Formats Target Leapfrogs Walmart For Upscale Grocery Approach Bloomberg has a story about how “a slew of retailers are beefing up their grocery investments to lure in consumers cutting back on non-essentials like clothing and electronics. But as they lay out plans to improve their food offerings and supply chains, the big question is how does one compete with the mighty Walmart Inc. on […] Written by MorningNewsBeat June 8, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Department: Beverage CPG: Adult Beverage CPG: Beverage CPG: Food CPG: Food & Bev CPG: HBC Channel: Ecommerce & Digital Channel: Restaurants Department & Category Department: Adult Beverage Department: Beverage Department: Food Department: HBC Department: Nonfood Corporate Strategy Corporate Finance Corporate Purpose ESG Media & Marketing Agencies & Vendors Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Merchandising Operations & Supply Chain Circana reveals 2022 New Product Pacesetters CHICAGO – Circana, formerly IRI and The NPD Group, has released its 2022 New Product Pacesetters, the 28th annual report revealing the top new product launches across food and beverage and nonfood sectors. The report illustrates the enduring power of CPG innovation, revealing that consumer spending on new product offerings remained elevated last year despite challenges […] Written by MMR June 8, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Channel: Mass Channel: Mass Acquisitions, Divestitures & Mergers Media & Marketing Retailer Media Shopper & Customer Trends & External Forces Owned Brands (Private Label) Walmart Upgrades Its Digital Ad Network From Advertising Age: “Walmart Connect, which has made huge gains in recent years through digital advertising, is testing ways to bolster in-store pieces of its retail media network. “For the first time, Walmart Connect is selling ads on its revamped in-store radio network and integrating sampling programs with online offerings. While aspects of Walmart Connect’s […] Written by MorningNewsBeat June 7, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Channel: Grocery Trends & External Forces Stores & Formats H-E-B expands its discount format Several years after opening its last Joe V’s location, H-E-B is reigniting the banner with two locations set to open in Dallas by 2025. Dive Brief: H-E-B announced Tuesday it is opening two Joe V’s Smart Shop by H-E-B stores in Dallas, marking the first time the grocer’s discount format will appear outside of the Houston area. […] Written by Grocery Dive June 7, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Retailer Media ESG Media & Marketing Retailer Media Shopper & Customer Operations & Supply Chain Giant Eagle launches in-house retail media network Leap The platform leverages the chain’s loyalty program, bringing personalized ads to shoppers in-store, in-app, on social media and elsewhere, said Damian Scott, who heads up the grocer’s retail media and front-end digital operations. Dive Brief: Giant Eagle announced on Wednesday the debut of Leap Media Group, an in-house retail media arm that leverages the regional […] Written by Grocery Dive June 7, 2023June 8, 2023 Saving Bookmark this article Bookmarked