Corporate Finance Rite Aid exits bankruptcy, sheds $2B in debt Chief Financial Officer Matt Schroeder will take over the CEO post from restructuring officer Jeffrey Stein. RetailDive September 4, 2024September 4, 2024 < 1 min read Rite AidBankruptcyExecutivesResults & Investment 0 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit Yahoo Expands Commerce Media Reach with Planet Fitness Partnership, New Hire Yahoo Demand-Side Platform (DSP) has announced two strategic partnerships to expand its reach in commerce media and hired retail media veteran Mike Merna as Senior Director, Commerce Media Specialist Lead. The new partnerships — with PF Media Network, the media arm of Planet Fitness, and Rippl, the data and media network of Bridg — will […] Retail TouchPoints August 26, 2024August 26, 2024 2 min read PartnershipsSustainabilityHealth & WellnessData & InsightsRegional GroceryMarketing: Retail MediaOperations & Supply ChainKrogerMarketing: Social MediaWegmansAgenciesTechnology & InnovationTargetRite AidDollar GeneralGiant EagleLowesExecutivesBrick and MortarBest Buy7-Eleven & Speedway 0 Saving Bookmark this article Bookmarked
Channel: Drug Can Rite Aid Recover? Last fall, poor ol’ Rite Aid finally succumbed to bankruptcy. It was pretty much the definition of an expected surprise. To get a comprehensive look at the company’s ever-declining fortunes, DCI rummaged around the compnay’s numerous bankruptcy filings. Below, you’ll find our review of Rite Aid’s current financial situation, shrinking store footprint, changing relationship with […] Drug Channels August 13, 2024August 13, 2024 2 min read Rite AidData & InsightsMarketing: Social MediaBankruptcyResults & InvestmentPredictions and ForecastsMeta (Facebook)EconomyDept. PharmacyCVS 0 Saving Bookmark this article Bookmarked
Data & Insights The New Norm: Unattended Payments According to a recent study, only 15% of consumers are highly satisfied with the self-service tools available, yet the unattended payments market is projected to reach $129 billion globally by 2030. Human interaction used to be essential for finalizing transactions at traditional point-of-sale locations. However, there has been a shift, with unattended payments technologies increasingly […] Trakwell.ai (formerly Doorcounts) August 2, 2024August 2, 2024 3 min read Data & InsightsTechnology & InnovationAIDeliveryConsumersPredictions and ForecastsShoppersDept. NonfoodDept. FreshSustainabilityTrends: RetailMarketing: UGCBankruptcyResults & InvestmentRite AidLegal & CriminalWalmart 0 Saving Bookmark this article Bookmarked
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. […] Trakwell.ai (formerly Doorcounts) August 1, 2024August 12, 2024 3 min read Data & InsightsTechnology & InnovationAIShoppersDeliveryCustomer ExperiencePredictions and ForecastsOperations & Supply ChainMarketing: Direct & PersonalizationExecutivesMarketing: Retail MediaLegal & CriminalStrategyDept. NonfoodReturnsTrends: RetailDept. Toys & GamesInternational - North AmericaMarketing: Loyalty & SubscriptionRite AidInternational - UKWalmart 0 Saving Bookmark this article Bookmarked
Channel: Delivery Michaels Expands Delivery Options via DoorDash and Uber Eats Michaels will expand same-day delivery from its 1,200+ stores through new partnerships with DoorDash and Uber Eats. The arts and crafts retailer has offered same-day delivery via Instacart since April 2021. Additionally, Save a Lot now has 400 of its supermarkets live on the DoorDash Marketplace, offering deliveries in under one hour, on average. The […] Retail TouchPoints July 28, 2024July 28, 2024 < 1 min read PartnershipsDeliveryFood DeliveryDoorDashUbereatsInstacartDept. NonfoodDept. HBCBrick and MortarDept. Adult BevDept. PetMarketing: Social MediaLowesOmnichannelRite AidBig LotsExecutivesDept. GrocerySave A LotBest Buy 0 Saving Bookmark this article Bookmarked
Channel: Drug Rite Aid Closes 50 Additional Stores in Michigan and Ohio Rite Aid continues closing underperforming locations. RetailWire July 26, 2024July 26, 2024 < 1 min read Rite AidBrick and Mortar 0 Saving Bookmark this article Bookmarked
Data & Insights Q2 Metrics are in! As of early July, 55% of back-to-school and college shoppers have already started their purchases. How does this affect the industry as a whole? Last week, we focused on the furniture and mattress industries performance in June. Join us as we look at the bigger picture and see how the rest of the industry faired […] Trakwell.ai (formerly Doorcounts) July 18, 2024July 18, 2024 3 min read Data & InsightsAITechnology & InnovationDeliveryPredictions and ForecastsHoliday & EventsBrick and MortarAmazonDept. NonfoodShoppersThick DataDept. ApparelInternationalConsumersTargetAssociatesRite AidRestaurantsDept. FuelMarketing: Loyalty & SubscriptionLegal & CriminalTrends: Retail 0 Saving Bookmark this article Bookmarked
Corporate Finance Rite Aid confirms cybersecurity breach The drugstore retailer stated that customer’s social security numbers, financial information and patient information was not impacted. RetailDive July 16, 2024July 16, 2024 < 1 min read Rite AidLegal & CriminalShoppersResults & InvestmentESG and CSR 0 Saving Bookmark this article Bookmarked
Shopper & Customer Rite Aid informs consumers about security incident PHILADELPHIA—Rite Aid Corp. is alerting its customers about an incident that may have resulted in the leak of some personal information. The company said it is mailing letters to any potentially affected consumer associated with a mailing address in our systems. On June 6, 2024, an unknown third party impersonated a company employee to compromise their […] MMR July 15, 2024July 15, 2024 2 min read ConsumersRite AidData & InsightsShoppersGovernmentResults & InvestmentPredictions and ForecastsKraftHeinzHoliday & EventsESG and CSR 0 Saving Bookmark this article Bookmarked
Channel: Drug Rite Aid’s $2 Billion Debt Cut Approved Rite Aid, the well-known pharmacy chain, has secured approval for its restructuring plan in a landmark decision by a U.S. bankruptcy judge. RetailWire July 2, 2024July 2, 2024 < 1 min read Rite AidDept. PharmacyBankruptcy 0 Saving Bookmark this article Bookmarked
Channel: Drug Rite Aid bankruptcy plan approved NEW YORK — Last week a U.S. bankruptcy judge approved Rite Aid’s restructuring plan, allowing the pharmacy chain to cut its debt by $2 billion and turn over control to a group of lenders. U.S. Bankruptcy Judge Michael Kaplan approved Rite Aid’s bankruptcy plan at a court hearing in Trenton, New Jersey, saying that the […] MMR July 1, 2024July 8, 2024 < 1 min read Rite AidBankruptcyBrick and MortarOperations & Supply ChainDept. PharmacyPartnerships 0 Saving Bookmark this article Bookmarked
Channel: Delivery Grubhub Adds First National Grocery Partner — Albertsons Companies Nearly 1,800 Albertsons Companies stores are joining the Grubhub Marketplace for delivery, including the Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme and Tom Thumb banners. The deal marks Grubhub’s first national grocery deal following its partnership with Mercato, a marketplace for independent grocers. Albertsons Cos. customers will now be able to schedule delivery of their grocery […] Retail TouchPoints June 25, 2024June 27, 2024 < 1 min read Food DeliveryGrubhubAlbertsons / SafewayPartnershipsRegional GroceryDeliveryBrick and MortarRestaurantsAmazonRite AidMarketing: Loyalty & SubscriptionCVSDept. FreshMarketing: Social MediaDept. PharmacyDept. NonfoodDept. PerimeterShoppersDept. GroceryTechnology & Innovation 0 Saving Bookmark this article Bookmarked 5
Data & Insights Unlocking the Power of Retail Collaboration To Navigate Turbulent Times DSI “Collaboration is more of a framework for how to go to market. It’s less about what to do in all the chaos.” — Kenji Gjovig, Managing Director, Bayfield Consulting Brands and retailers operate nearly every day in a highly […] Digital Shelf Institute June 24, 2024June 24, 2024 9 min read Technology & InnovationAIMerchandisingWalmartMarketing: Retail MediaStrategyPartnershipsOmnichannelPodcastsShoppersConsumersMarketing: Social MediaSustainabilityConsultingCompetitionCustomer ExperienceRite AidTikTokAmazonData VisualizationEconomyExecutivesMarketing: In StoreMarketing: ShopperData & Insights 0 Saving Bookmark this article Bookmarked
Stores & Formats Rite Aid plans to shutter 12 more Michigan stores PHILADELPHIA — Rite Aid plans to close 12 more Michigan stores, according to published reports citing a court filing earlier this week as the company seeks to exit federal bankruptcy protection. The document, filed Monday in U.S. Bankruptcy Court in New Jersey, did not indicate when the stores would be shuttered or what would happen […] MMR June 20, 2024June 20, 2024 < 1 min read Brick and MortarRite AidBankruptcyKraftHeinzAssociates 0 Saving Bookmark this article Bookmarked
Stores & Formats Store closings are up significantly NEW YORK — Ahold Delhaize recently said it would shutter an undetermined number of underperforming Stop & Shop supermarkets this year, joining what some press reports have described as a “tsunami” of planned retail store closings. Coresight Research, which tracks store openings and closings, said that as of May 31, major U.S. retailers have announced […] MMR June 17, 2024June 17, 2024 2 min read Brick and MortarCVSTechnology & InnovationAhold DelhaizeWalgreensDollar TreeHealth & WellnessFamily DollarBankruptcyDept. ApparelHy-VeeRegional GroceryDollar GeneralWalmartDivestituresStrategyRite AidWeatherAldi7-Eleven & Speedway 0 Saving Bookmark this article Bookmarked
Channel: Delivery Rite Aid expands partnership with Instacart PHILADELPHIA — Rite Aid announced Tuesday an expanded partnership with Instacart, allowing use of an Electronic Benefits Transfer (EBT) card for the Supplemental Nutrition Assistance Program (SNAP) as an online payment option for eligible items on its Instacart digital storefront. Available from over 1,400 Rite Aid and Bartell Drugs locations nationwide, this new online payment […] MMR June 12, 2024June 12, 2024 2 min read InstacartDeliveryRite AidPartnershipsHealth & WellnessExecutivesData & InsightsShoppersConsumersKraftHeinzMarketing: In StoreMarketing: Social MediaBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Delivery Amazon Moves into Competitive Food Delivery Space with Grubhub Integration Amazon has integrated Grubhub’s food delivery system into its platform, allowing customers across the U.S. to order from thousands of restaurants directly in the Amazon app and website without having to switch over to the Grubhub app. Additionally, Amazon has added Grubhub+ membership — worth $120 per year — as a standing benefit for Prime […] Retail TouchPoints May 30, 2024May 30, 2024 2 min read Food DeliveryGrubhubAmazonDeliveryPartnershipsBrick and MortarDept. GroceryRestaurantsStreamingPredictions and ForecastsPricing & PromotionsConsumersGopuffMarketing: Social MediaRite AidCVSExecutivesQ CommerceBOPISMarketing: TradeDept. Pharmacy 0 Saving Bookmark this article Bookmarked
Department: HBC Host envisions ‘next era of pharmacy’ PALM BEACH, Fla. — Kevin Host, senior vice president of Walmart health, wellness and pharmacy and new chair of the National Association of Chain Drug Stores, considers retail pharmacists to be in the early stages of “our journey to create the next generation of pharmacies, where technology and personalized care intersect.” “We are creating what […] MMR May 27, 2024May 27, 2024 2 min read Dept. PharmacyHealth & WellnessExecutivesWalmartTechnology & InnovationMarketing: In StoreCOVID19WalgreensDept. FrozenDept. GroceryDept. HBCMarketing: Direct & PersonalizationPepsiCoRite AidBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Drug Rite Aid marks Hepatitis Awareness Month PHILADELPHIA – Rite Aid is participating in Hepatitis Awareness Month in May by providing additional education opportunities for its pharmacists to learn more about viral hepatitis, an inflammation of the liver that affects more than three million people each year in the U.S. Additionally, all Rite Aid pharmacists can help customers learn more about how […] MMR May 8, 2024May 8, 2024 2 min read Rite AidHealth & WellnessPartnershipsGovernmentKraftHeinzBrick and MortarAgencies 0 Saving Bookmark this article Bookmarked
Channel: Delivery Delivery Double-Take: Instacart Adds Restaurant Orders via Uber Eats Partnership Instacart has entered a strategic partnership with Uber Technologies to bring restaurant deliveries to its shoppers. During the coming weeks, Instacart app users will be able to order from hundreds of thousands of restaurants via Uber Eats. The experience will be featured in a new “Restaurants” tab within the Instacart app, and members of the […] Retail TouchPoints May 7, 2024May 7, 2024 2 min read InstacartDeliveryPartnershipsAITechnology & InnovationRestaurantsUbereatsDept. Adult BevDrizlyPredictions and ForecastsRite AidMarketing: Retail MediaMarketing: Loyalty & SubscriptionMarketing: BroadcastExecutivesConsumersMarketing: Social MediaShoppersFood DeliveryDept. GroceryKohlsMarketing: In StoreResults & Investment 0 Saving Bookmark this article Bookmarked
Channel: Drug Industry mourns passing of BMG founder Terry Berg CARPENTERSVILLE, Ill. — Berg Marketing Group founder Terry L. Berg has passed away. He was 66. “Terry was a wealth of insight and experience, not to mention an excellent story teller and all around great business partner and friend,” BMG colleague Jason Carik wrote in posting the news on LinkedIn. “Terry has built and maintained […] MMR May 2, 2024May 2, 2024 2 min read ConsultingPartnershipsConsumersSustainabilityInternationalWalgreensWalmartCVSMarketing: Social MediaMondelezOperations & Supply ChainResults & InvestmentRite AidTargetAssociatesAmazon 0 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit Rite Aid Expands Uber Eats Partnership for Alcohol Deliveries in 8 States Nearly 1,000 Rite Aid stores will now offer alcohol delivery via the retailer’s expanded partnership with Uber Eats. Customers of legal drinking age can get delivery from select stores in California, Idaho, Michigan, New York, Ohio, Oregon, Virginia and Washington. “Our collaboration and trusted partnership with Uber Eats underscores our commitment to meeting the evolving […] Retail TouchPoints April 30, 2024April 30, 2024 < 1 min read PartnershipsRite AidUbereatsDept. Adult BevConsumersDeliveryMarketing: Social MediaBrick and MortarExecutivesDept. BeveragePredictions and ForecastsLegal & CriminalFood Delivery 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Amazon Rolls Out Grocery Delivery Subscription Nationwide Following a pilot in three U.S. cities, Amazon is making its grocery delivery subscription available to all Prime members in the U.S. For $9.99 a month, Prime members will now have access to unlimited grocery delivery on orders over $35 from Amazon Fresh, Whole Foods Market and a variety of local grocery and specialty retailers, […] Retail TouchPoints April 24, 2024April 24, 2024 2 min read AmazonDeliveryDept. GroceryWhole FoodsBrick and MortarDoorDashFood DeliveryDept. FreshDept. BeverageDept. Adult BevRegional GroceryDept. PetLowesUbereatsMarketing: Social MediaPartnershipsMarketing: Loyalty & SubscriptionMarketing: In StoreBOPISPredictions and ForecastsBig LotsDept. NonfoodRite AidExecutives 0 Saving Bookmark this article Bookmarked
Channel: Drug Rite Aid is closing another 53 stores PHILADELPHIA — Rite Aid this month announced plans to close 53 more stores, adding to the roughly 200 it has shuttered since filing for Chapter 11 bankruptcy protection late last year. Officials with the retail pharmacy chain said decisions about which stores to close are based on factors including business strategy, lease and rent considerations, […] MMR April 23, 2024April 23, 2024 < 1 min read Rite AidBrick and MortarBankruptcyHealth & WellnessDept. PharmacyStrategyShoppersResults & InvestmentDivestituresKraftHeinz 0 Saving Bookmark this article Bookmarked
Channel: Drug Rite Aid Offers OTC Birth Control Pill at All Locations Rite Aid has made Opill, the first daily oral contraceptive that’s been FDA-approved for purchase without a prescription, available chainwide. The progestin-only birth control pill has been designated safe and effective when used as directed to help prevent pregnancy. The pills are available for a suggested retail price of $19.99 for a one-month supply and […] Retail TouchPoints April 4, 2024April 4, 2024 < 1 min read Rite AidGovernmentDept. HBCHealth & WellnessWalgreensDept. OTCPricing & PromotionsMarketing: Social MediaCVSResults & InvestmentPredictions and ForecastsExecutivesDept. Pharmacy 0 Saving Bookmark this article Bookmarked
Channel: Drug Rite Aid Restructuring Would Cut $2 Billion in Debt, Settle Opioid Claims Rite Aid has filed a restructuring plan with the U.S. Bankruptcy Court, District of New Jersey that would cut more than $2 billion in debt and keep a large portion of the retailer’s store fleet operating. If approved, the plan would transfer ownership to the drugstore’s senior bondholders and settle certain opioid overprescribing lawsuits, according […] Retail TouchPoints April 1, 2024April 1, 2024 2 min read Rite AidPredictions and ForecastsBankruptcyMarketing: Social MediaHealth & WellnessExecutivesEconomyDept. Pharmacy 0 Saving Bookmark this article Bookmarked
Corporate Finance Rite Aid moves forward with bankruptcy restructuring And sale efforts continue Supermarket News March 29, 2024April 24, 2024 < 1 min read Rite AidBankruptcy 0 Saving Bookmark this article Bookmarked
Channel: Drug Rite Aid secures court approval to vote on bankruptcy restructuring plan [[“value”:”US-based drugstore chain Rite Aid has been granted approval by a US judge to commence the voting process on a bankruptcy restructuring plan, Reuters reported. The post Rite Aid secures court approval to vote on bankruptcy restructuring plan appeared first on Retail Insight Network. “]] Retail Insights Network March 29, 2024April 24, 2024 < 1 min read Rite AidBankruptcy 0 Saving Bookmark this article Bookmarked
Department & Category Rite Aid Partners with Copia to Donate Surplus Food to California Nonprofits Americans discard nearly 120 billion pounds of food every year — approximately 40% of the country’s food supply. Rite Aid is tackling this food waste issue head-on by partnering with Copia, a technology-enabled service that helps manage food surplus redistribution. The pharmacy retailer will use Copia’s platform to track inventory, prove compliance and record impact. […] Retail TouchPoints March 14, 2024March 14, 2024 2 min read Dept. GroceryRite AidSustainabilityPhilanthropyPartnershipsESG and CSRMarketing: Social MediaExecutivesHealth & WellnessOperations & Supply ChainDept. PharmacyPredictions and ForecastsTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Media & Marketing Channel: Restaurants Department & Category Department: Nonfood ESG Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Associates & Employees Operations & Supply Chain Ranked: The Fastest Shrinking Jobs in the U.S. (2023-2033F) See this visualization first on the Voronoi app. Use This Visualization Ranked: Occupations With the Most Projected Job Cuts 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. As the economy shifts, the employment landscape changes. […] Written by Visual Capitalist September 26, 2024September 26, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces US Government Accuses Visa of Being an Illegal Monopoly The Department of Justice alleges Visa has an excessive stranglehold on debit card transactions. Written by RetailWire September 26, 2024September 26, 2024 Saving Bookmark this article Bookmarked
Holiday & Events Department: Consumer Durables Department: Nonfood Corporate Finance ESG Partnerships & Alt Profit Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Associates & Employees Holiday & Events Merchandising Stores & Formats Adobe Predicts 8.4% Growth in Online Holiday Sales, Driven by Discounting Adobe expects U.S. online sales to hit a record $240.8 billion this holiday shopping season (covering the period from Nov. 1 to Dec. 31), representing 8.4% growth year-over-year. Shopping on mobile devices also is expected to hit a new milestone, growing 12.8% YoY to contribute a record $128.1 billion, which would represent a 53.2% share of online spend this season […] Written by Retail TouchPoints September 26, 2024September 26, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Retail Ecosystem Trends & External Forces Future of Marketing: Part One Today, we’re kicking off a special two-part series answering your questions about all things marketing. Scott puts on his professor hat and answers your questions surrounding common marketing misconceptions, the power of community-driven marketing, and what the future holds for the industry. Music: https://www.davidcuttermusic.com / @dcuttermusic Subscribe to No Mercy / No Malice Buy “The […] Written by The Prof G Show September 20, 2024September 20, 2024 Saving Bookmark this article Bookmarked
Shopper & Customer Corporate Finance Media & Marketing Data & Insights Shopper & Customer Trends & External Forces Charted: Maxed-Out Credit Cards by Generation See this visualization first on the Voronoi app. Use This Visualization Credit Card Utilization By Generation 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. In the first quarter of 2024, the nationwide aggregate credit card […] Written by Visual Capitalist September 20, 2024September 20, 2024 Saving Bookmark this article Bookmarked