Store Format

  1. Stores & Formats

Legacy Grocery Store Market Share Capitulation a Continuing Trend

  It’s clear that legacy grocery stores, once the dominant force in food retail, are now navigating a challenging landscape marked by significant market share capitulation according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. This shift has been driven by three prominent trends: the encroachment of dollar stores, drug stores, and […]
5 min read
0
  1. Shopper & Customer

Fresh Meal and Meal Component Discovery: A Disruptive Force

  In today’s food landscape, clinging to brand protectionism is a recipe for irrelevance according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. Consumers, especially Millennials, have moved on—and they’re not looking back. What they value now is discovery: new flavors, time-saving solutions, and value for money. If your brand isn’t evolving […]
4 min read
0
  1. Media & Marketing

Ace Hardware Celebrates 100 Years with $1B Investment in New Store Design

Retail cooperative Ace Hardware has unveiled a new experiential store concept, dubbed Elevate Ace, that will roll out to all new and existing stores over the next five years, supported by a $1 billion investment.  The new store design was unveiled at the retailer’s fall convention in Chicago earlier this month, which brought together more […]
2 min read
0
  1. Channel: Grocery - Natural

Whole Foods sets debut of ‘Daily Shop’ format

NEW YORK — The first Whole Foods Market Daily Shop location is set to open on the Upper East Side of Manhattan, at 1175 Third Avenue, this fall. The company also announced today the second future location for the Whole Foods Market Daily Shop format, at 301 West 50th Street, in Hell’s Kitchen. An additional New […]
2 min read
0
  1. Shopper & Customer

The Four Ps of Retail Business: Mastering the Basics of Retail for Your Business

Did you know? Over 90% of companies channel their efforts into mastering the Four Ps to establish a robust presence in today’s digital marketplace. Stay with us as we guide you through the journey of building a successful retail business with the right strategies and a deep understanding of the retail sector. What Are the […]
5 min read
0
  1. Operations & Supply Chain

3 Key Retail Metrics and How Supply Chain Readjustments Can Help

With today’s technology, retailers have seemingly endless access to hundreds of data points, and it can be difficult to discern which metrics matter. But regardless of whether you’re a retailer with 10 locations or hundreds, measuring logistics performance is critical to business success. By first identifying and then analyzing these insights, retailers can gain visibility […]
5 min read
0
  1. Channel: Dollar/Value

Dollar Tree acquires rights to 99 Cents Only Stores

CHESAPEAKE, Va. — Dollar Tree Inc. today said it has acquired the designation rights to 170 leases of 99 Cents Only Stores in four states: Arizona, California, Nevada and Texas. The deal also gives Dollar Tree select intellectual property rights, as well as equipment including on-site furniture and fixtures, the company said in announcing the […]
2 min read
0
  1. Data & Insights

Boosting Retail Conversion Rates with People Counters

Understanding customer behavior is crucial for maximizing sales and improving the overall shopping experience. One of the most effective tools for gaining these insights is a people counter. These devices, which track the number of visitors entering and exiting a store, offer a wealth of data that can significantly enhance conversion rates. Here’s how using […]
2 min read
0
  1. Technology & Innovation

The Rising Tide of Pushout Theft: A Challenge for Retailers

In the retail world, a unique type of theft has been steadily increasing: pushout theft. This phenomenon, where shoplifters brazenly wheel out carts laden with unpaid merchandise, is causing significant financial strain on retailers. As this form of theft becomes increasingly sophisticated, the industry is scrambling to find effective solutions. Rising Rate of Pushout Theft […]
3 min read
0
  1. Data & Insights

How to Increase Sales for Your Furniture Store: Proven Strategies

To increase sales and build a loyal customer base, you need a strategic approach that combines marketing, customer service, and operational efficiency. Here are some effective strategies to help you boost sales in your furniture store. 1. Enhance Your Online Presence Running a furniture store in today’s competitive market requires more than just stocking high-quality […]
3 min read
0
  1. Data & Insights

Why and How to Track Foot Traffic in Your Store

Tracking foot traffic is a critical aspect of retail management that can significantly enhance the performance and profitability of your store. Understanding the flow of customers through your physical space provides valuable insights into customer behavior, store layout effectiveness, and marketing campaign success. Here’s why and how you should track foot traffic in your store. […]
2 min read
0
  1. Department & Category

After 25 Years, a Rebrand is Just the Beginning for Edible

Twenty-five years ago, Tariq Farid saw some fruit displayed in a unique way at an event. He turned the idea into a business — and Edible Arrangements into a household name. But his daughter, Somia Farid Silber, who’s now the company’s President, isn’t coasting on the company’s past success — she’s too busy thinking about […]
8 min read
0
  1. Technology & Innovation

Why Amazon’s Just Walk Out initiative failed – and why it’s not the end of checkout free technology

It recently emerged that Amazon’s Just Walk Out offering is being dropped from Amazon Fresh stores. However, it’s not checkout-free tech that’s failing, it’s the fact that Amazon’s checkout free solution doesn’t work, especially in grocery retailers, argues Will Glaser, Founder and CEO at Grabango. In the dynamic grocery retail landscape, a transformative wave is […]
3 min read
0
  1. Stores & Formats

Dave & Buster’s remodeled Friendswood store format outperforming

Track Indoor Entertainment spending for free Access chart in Dash. Spending at Dave and Busters in Friendswood, TX—the first location of their remodeling campaign—is up close to 20% YoY in the 13 weeks ending March 2nd, 2024, according to Earnest credit card data. This growth also materially outperformed the rest of the system. Spending at […]
< 1 min read
0
  1. Technology & Innovation

Beyond AI: Emerging Technologies That Are Reshaping Retail

In today’s dynamic world of retail, the spotlight remains on artificial intelligence (AI) — and for good reason. AI is undoubtedly transformative, reshaping the future of retail. In addition to AI, other technologies are also making significant strides. Radio-frequency identification (RFID), replacing barcodes, revolutionizes supply chain and inventory management. Video analytics leverages computer vision to […]
3 min read
0
  1. Stores & Formats

Whole Foods Market to Open Smaller Format Stores

Whole Foods Market, the Austin-based grocery store chain owned by Amazon.com, announced Monday it was introducing a new, smaller, “quick-shop” store format “designed to provide customers in urban neighborhoods a quick, convenient shopping experience with easier access to fresh, high-quality offerings,” according to a company press release. The new format, called Whole Foods Market Daily […]
2 min read
0
  1. Stores & Formats

Your Views:  Cycles

One MNB reader had a good question about people’s varied reactions to shrinkflation: How long have food retailers shown “unit pricing” on the shelf tag? A long time.  Good point.  All the info is there to help people make intelligent buying decisions.  One just has to look. Responding to our stories about retailers testing small […]
2 min read
0
  1. Technology & Innovation

Loss Prevention Trends shaping retail in 2024

Loss prevention in the retail sector is undergoing a transformative phase in 2024, necessitated by the imperative to protect profits amid a multitude of challenges. From the surge in shoplifting to broader concerns like shrinkage, retailers are confronted with multifaceted issues demanding innovative solutions. This report delves into key trends in loss prevention, shedding light […]
6 min read
0
  1. Stores & Formats

Party City Debuts Store Format Spotlighting Balloons and Birthdays

Party City will accelerate remodels to expand a new store format that features a dedicated service area for the retailer’s extensive balloon assortment along with “birthday worlds,” designed to be one-stop shops for both kids’ and adults’ celebrations. The retailer, which emerged from bankruptcy in October 2023 with a fleet of more than 750 stores, […]
2 min read
0
  1. Department & Category

Is Self-Checkout Technology Better than an Employee

  In a time when there are more digital natives working and spending money than ever before retailers are evolving to give them what they want and according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® that means technology. There is no doubt that more and more retail foodservice executives are embracing […]
3 min read
0
  1. Department: HBC

McMillon says, ‘We can do more’

BENTONVILLE, Ark. — Wal­mart entered 2024 moving simultaneously on several fronts to advance its transformation into a new kind of retailer — indeed, a new kind of business enterprise. At the same time, the company is re-emphasizing the importance of its retail roots with plans to resume opening stores in the United States. At a […]
3 min read
0
  1. Channel: Grocery

Youth Organizers Keep Pushing Stop & Shop To Address Pricing Inequities

The Boston Globe this morning reports that “in an effort to pressure Stop & Shop to change its pricing in certain community stores, youth organizers with the Hyde Square Task Force in Jamaica Plain are calling on the grocery chain to use its consumer data profits to eliminate the price inequities the group uncovered in […]
3 min read
0
  1. Trends & External Forces

How Hydra Health is Transforming the Hospital Gift Shop

Hospitals and medical campuses typically look at retail as an essentially insignificant element in their patient, visitor and employee experiences. That translates into gift shops and cafeteria spaces that are often sterile environments featuring the same mediocre-quality products and pre-packaged foods. Marie Kloor and her firm, Hydra Health, are focused on changing that. “Our mission […]
6 min read
0
  1. Data & Insights

How AI and Generative Design Are Transforming Store Layouts for Enhanced CX

For retailers designing curated and experiential spaces for customers to elevate their in-store experience vs. competitors’ stores or e-commerce alternatives, the challenge remains: How do you design a store layout that maximizes both the customer experience and overall sales? Artificial intelligence (AI), including generative AI, can provide deeper insights, faster iterations and more intuitive store […]
3 min read
0
  1. Channel: Ecommerce & Digital

At Choice Market Gen Z and Millennials Can Save Time

  Growing brands need their actions and words to resonate with consumers and Choice Markets is doing a very good job focusing in on its prime targeted customers today and for tomorrow Gen Z and Millennials with a fresh fast footprint and messaging that resonates according to Steven Johnson Grocerant Guru® at Tacoma, WA based […]
3 min read
0
  1. Trends & External Forces

Best Buy Canada to Operate 165 Small-Format Bell Canada Stores Under Renamed Banner

Best Buy Canada has partnered with Bell Canada to operate 165 stores in malls and smaller and mid-sized communities across the country. The stores, which had been branded as The Source, a wholly owned subsidiary of Bell, will be renamed Best Buy Express and offer both Best Buy consumer electronics and telecom services from Bell. […]
< 1 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