Data & Insights Family Dollar Selects AI-Powered Solution to Enhance Category Management Family Dollar will use solutions from Dunnhumby to make merchandising and category management more customer-centric across its store network. Dunnhumby will use customer data science as well as consumer-led insights and collaboration to help Family Dollar make merchandising decisions that drive greater engagement with the retailer’s 66 million shoppers. The Family Dollar platform will be […] Retail TouchPoints September 9, 2024September 9, 2024 2 min read MerchandisingShoppersAITechnology & InnovationFamily DollarBrick and MortarBig DatadunnhumbyInsight ProvidersMarketing: Retail MediaData & InsightsDollar TreeMarketing: Social MediaMarketing: UGCPredictions and ForecastsConsumersStrategyStore Location 0 Saving Bookmark this article Bookmarked
Shopper & Customer The Next Big Thing in Retail Foodservice: Where Consumers Are Heading Retail foodservice is undergoing a seismic shift, driven by changing consumer preferences, technological advancements, and the desire for convenience without compromising quality according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. As the industry evolves, certain sectors are emerging as the frontrunners, attracting consumers in droves and setting the stage for […] Grocerant Guru September 9, 2024September 9, 2024 4 min read ConsumersTechnology & InnovationDept. GroceryAISustainabilityHealth & WellnessData & InsightsDept. FreshPredictions and ForecastsRestaurantsBrick and MortarInternationalWaWaDept. PerimeterDept. Natural / OrganicTrends: Food and BeveragePackagingMarketing: In StoreMarketing: Loyalty & SubscriptionMarketing: Direct & PersonalizationNestleOperations & Supply ChainDept. BeverageShoppersStore LocationTrends: RetailESG and CSRDept. Fresh PreparedDeliveryCOVID197-Eleven & Speedway 0 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit Elevating the Bodega Experience Bodegas are a fixture in local communities and large cities alike. Rachel Krupa has her own fond memories of local corner stores, which is why she’s leveraging her deep CPG experience to reimagine and elevate the experience. During this episode of Retail Remix, Rachel provides insight into why she founded The Goods Mart, and how […] Retail Remix Podcast September 9, 2024September 9, 2024 < 1 min read PodcastsStrategyMarketing: Social MediaHoliday & EventsStore LocationPartnershipsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Data & Insights Labor Day Recap We hope everyone had a fantastic Labor Day Weekend! In this edition, we’ll analyze the performance of the furniture and mattress industries during this holiday week compared to last year. Analyzing the data from Labor Day weekends in 2023 and 2024 provides valuable insights into how these sectors performed over the holiday, highlighting significant changes […] Trakwell.ai (formerly Doorcounts) September 6, 2024September 6, 2024 4 min read Data & InsightsAITechnology & InnovationAssociatesHoliday & EventsMarketing: Social MediaStore LocationDeliveryConsumersPredictions and ForecastsMarketing: TradeTrends: MarketingData VisualizationPricing & PromotionsStrategyTrends: Retail 0 Saving Bookmark this article Bookmarked
Corporate Strategy Is Your Vision Guiding Or Misguiding Your Strategy? Here’s one of the most popular and least effective management methods: a strategy template that starts with a company’s Vision and Mission and cascades down to Strategies and Objectives. This strategy template has many problems, such as not mentioning customers’ priorities or your competitive strengths (these should be foundational!). It often produces vague, generic results […] Branding Strategy September 5, 2024September 5, 2024 2 min read StrategyMarketing: BrandTechnology & InnovationAIPredictions and ForecastsShoppersRestaurantsSustainabilityStore LocationOwned Brands (Private Label)Marketing: In StoreDept. Grocery 0 Saving Bookmark this article Bookmarked
Stores & Formats DTC rug brand Ernesta opens second showroom [[{“value”:” Dive Brief The company has opened a location in Bethesda, Maryland, in an area that has increasingly become popular for other DTC brands opening stores. Published Sept. 5, 2024 By Howard Ruben The exterior of Ernesta’s showroom in Bethesda, Maryland. Courtesy of Ernesta “}]] RetailDive September 5, 2024September 5, 2024 < 1 min read Store LocationBrick and Mortar 0 Saving Bookmark this article Bookmarked
Shopper & Customer Retailers’ Secret Weapon for Holiday Success: Server-Side Tagging E-commerce holiday spending reached an impressive peak of $1.17 trillion in 2023, up 3 percent from 2022. If this trend continues — as many analysts expect — then retailers are in for a challenging but lucrative 2024 season. Retailers’ obstacle (or their opportunity) will be to capitalize on increased consumer spending while heeding shifting consumer […] Greg Brunk September 5, 2024September 5, 2024 3 min read ConsumersData & InsightsHoliday & EventsShoppersStore LocationMarketing: Direct & PersonalizationCustomer ExperienceGovernmentConsultingLegal & CriminalPredictions and ForecastsPricing & PromotionsStrategySustainabilityVendors 0 Saving Bookmark this article Bookmarked
Shopper & Customer The FIVE Pillars Driving Grocerant Adoption: A Modern Foodservice Success Story At the intersection of today’s consumers and food sales success Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® believes that in today’s dynamic retail landscape, where consumer behavior is continuously evolving, the grocerant niche—characterized by hand-held, ready-to-eat (RTE), and heat-and-eat fresh prepared foods—has surged to the forefront. What was once a peripheral […] Grocerant Guru September 4, 2024September 4, 2024 5 min read ConsumersDept. GroceryData & InsightsShoppersMarketing: Direct & PersonalizationStore LocationBrick and MortarTechnology & InnovationMarketing: Loyalty & SubscriptionMarketing: TradePredictions and ForecastsDept. FreshDeliveryTargetMarketing: Social MediaDept. PerimeterDept. Fresh PreparedMarketing: In StoreOperations & Supply ChainStrategyESG and CSRPartnershipsResults & InvestmentSustainabilityTrends: Retail 0 Saving Bookmark this article Bookmarked
Stores & Formats Serendipity3 Celebrates 70th Anniversary With New Times Square Location Serendipity3, an iconic New York City restaurant that’s known for its Frrrozen Hot Chocolate, has announced its 70th anniversary celebration with the grand opening of a new Times Square location on Sept. 5. RetailWire September 4, 2024September 4, 2024 < 1 min read Store LocationRestaurants 0 Saving Bookmark this article Bookmarked
Stores & Formats Miniso unveils 200th US location in Santa Monica, California [[“value”:”The company now has stores in 20 U.S. states as it pursues a plan to open between 900 and 1,100 new stores globally in 2024.”]] RetailDive September 3, 2024September 3, 2024 < 1 min read Store LocationHoliday & EventsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Data & Insights Bath & Body Works to launch generative AI fragrance finder [[“value”:”The retailer plans to leverage large language models and data to increase customer traffic and sales over time. “]] RetailDive September 3, 2024September 3, 2024 < 1 min read Technology & InnovationAIStore LocationData & InsightsShoppers 0 Saving Bookmark this article Bookmarked
Channel: Restaurants Kids Eat Free Promotions Are Back – Here’s Why Your Restaurant Should Jump on Board At Tacoma, WA based Foodservice Solutions®, our Grocerant Guru® Steven Johnson says, “Success leaves clues,” and one of the biggest clues in the restaurant industry is that focusing on families and kids works. One of the most reliable traffic drivers for restaurants has always been the “Kids Eat Free” promotion. While it was once […] Grocerant Guru September 3, 2024September 3, 2024 4 min read RestaurantsData & InsightsShoppersStore LocationMarketing: TradeMarketing: Loyalty & SubscriptionStrategyEconomyDept. BeveragePartnerships 0 Saving Bookmark this article Bookmarked
Stores & Formats Rally House Opens First Austin Location at Lakeline Mall Rally House has announced the grand opening of its first store in the Austin area, located at Lakeline Mall. This new location, however, is the 30th store for the sports retailer in the state of Texas. RetailWire September 1, 2024September 1, 2024 < 1 min read Store LocationBrick and Mortar 0 Saving Bookmark this article Bookmarked
Data & Insights ROI Calculator Retail People Counter ROI Calculator Retail People Counter ROI Calculator People Counter Cost: $1800 onboarding + $255/month Average Transaction ($): Current Conversion Rate (%): Expected Conversion Rate Increase: 0% Average Daily Foot Traffic: Calculation Period (months): Calculate ROI The post ROI Calculator appeared first on Trakwell.ai. Trakwell.ai (formerly Doorcounts) August 31, 2024August 31, 2024 < 1 min read Technology & InnovationData & InsightsAIStore LocationDelivery 0 Saving Bookmark this article Bookmarked
Shopper & Customer Salesforce Forecast: Global Holiday Sales to Reach $1.19 Trillion, Up 2% YoY Value-seeking consumers trading down, strategically waiting for discounts and choosing low-cost Chinese shopping apps will soften holiday sales growth to 2% year over year (YoY) both in the U.S. and globally, according to the Salesforce Shopping Index, which analyzes data from more than 1.5 billion global consumers on retail sites. While holiday sales grew 3% […] Retail TouchPoints August 31, 2024August 31, 2024 4 min read ConsumersHoliday & EventsShoppersAcquisitionPredictions and ForecastsBOPISMarketing: Social MediaData & InsightsAssociatesEconomyMarketing: TradeAmazonTikTokThick DataPricing & PromotionsDeliveryOperations & Supply ChainReturnsMarketing: In StoreStrategyStore LocationBig DataBNPLColgate-PalmoliveMarketing: Loyalty & SubscriptionTrends: Finance 0 Saving Bookmark this article Bookmarked
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 […] RetailDive August 30, 2024August 30, 2024 3 min read Dept. HBCMarketing: Loyalty & SubscriptionConsumersCompetitionBrick and MortarOperations & Supply ChainMarketing: TradeHealth & WellnessInternational - North AmericaKohlsEconomyStore LocationResults & InvestmentPredictions and ForecastsMerchandisingMarketing: Social MediaDept. ApparelHoliday & EventsESG and CSRExecutivesDept. PerimeterDept. NonfoodTechnology & InnovationDept. FreshAmazon 0 Saving Bookmark this article Bookmarked
Data & Insights Conversion Rates, Revenue, and CX As Labor Day approaches, it’s the perfect time to reflect on last year’s performance to anticipate what we might expect this year. In this newsletter, we’ll dive into key insights on conversion rates, revenue trends, and traffic patterns in the furniture and mattress industries during the holiday weekend. Additionally, we’ll explore the latest challenges in […] Trakwell.ai (formerly Doorcounts) August 30, 2024August 30, 2024 3 min read Data & InsightsTechnology & InnovationAICustomer ExperienceDeliveryShoppersHoliday & EventsAssociatesStore LocationOperations & Supply ChainAmazonExecutivesDept. Toys & GamesPredictions and ForecastsMarketing: VoiceMarketing: Direct & PersonalizationCompetitionBest BuySustainabilityInternational - UKDept. NonfoodDept. Fuel 0 Saving Bookmark this article Bookmarked
Stores & Formats Amazon Fresh debuts four new stores The new supermarkets include the grocer’s first location in Northern California as well as stores in Illinois, New Jersey and Pennsylvania. Grocery Dive August 28, 2024August 28, 2024 < 1 min read Brick and MortarDept. FreshAmazonStore Location 0 Saving Bookmark this article Bookmarked
Data & Insights Rewind: Labor Day 2023 With Labor Day just around the corner, its time we look at last years performance to see what we can expect for this year. In this edition, we’ll explore how the furniture and mattress industries fared during last year’s holiday weekend. Join us as we break down the numbers and highlight key trends and insights […] Trakwell.ai (formerly Doorcounts) August 28, 2024August 28, 2024 4 min read Data & InsightsTechnology & InnovationAIAssociatesHoliday & EventsMarketing: Social MediaStore LocationDeliveryStrategyPricing & PromotionsPredictions and ForecastsMarketing: Trade 0 Saving Bookmark this article Bookmarked
Channel: Restaurants Pitfalls Transitioning from a Full-Time CEO to a Partly Present CEO In the ever-evolving landscape of corporate leadership, one thing remains constant: the CEO’s presence is crucial to a company’s success. Now according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® there are serious fundamental flaws in Starbucks new leadership lineup. Yet, with Brian Niccol’s transition from Chipotle to Starbucks, we’re witnessing […] Grocerant Guru August 28, 2024August 28, 2024 4 min read RestaurantsExecutivesData & InsightsDept. GroceryAssociatesOperations & Supply ChainShoppersPredictions and ForecastsDept. BeverageDept. NonfoodInternationalResults & InvestmentStore LocationStrategy 0 Saving Bookmark this article Bookmarked
Channel: Drug Is Your Brand a Fit for CVS Health? In today’s rapidly evolving healthcare landscape, CVS Health is at the forefront of innovation, bridging the gap between traditional healthcare and modern consumer needs. With over 7,500 stores nationwide, the retailer has become a pivotal player in not just retail but in how millions of Americans manage their health and wellness. As the healthcare industry […] RangeMe August 28, 2024August 28, 2024 8 min read CVSHealth & WellnessShoppersVendorsMerchandisingPartnershipsMarketing: Retail MediaMarketing: In StoreConsumersBrick and MortarStrategyTechnology & InnovationMarketing: Loyalty & SubscriptionData & InsightsMarketing: Direct & PersonalizationOmnichannelMarketing: UGCDept. NonfoodTargetSustainabilityDept. Natural / OrganicStore LocationMarketing: TradeMarketing: Social MediaPricing & PromotionsPackagingPredictions and ForecastsMergersMarketing: OOHDeliveryLegal & CriminalDept. HBCExecutivesGovernmentQ CommerceWalmart 0 Saving Bookmark this article Bookmarked
Associates & Employees DDoS protection essentials: keeping your network safe Keeping your network safe is an essential, if challenging, task. While you might have a few security measures and a disaster recovery plan in place, you shouldn’t neglect DDoS protection. As DDoS attacks become larger and more powerful, due in part to growing numbers of poorly secured online devices, your web applications need to be […] Retail Technology Innovation Hub August 27, 2024August 27, 2024 4 min read Store LocationData & InsightsTargetShoppersTechnology & InnovationMarketing: Social MediaTech: IoTWeatherAmazonTwitterOperations & Supply ChainAssociates 0 Saving Bookmark this article Bookmarked
Media & Marketing How TikTok Can Drive Awareness and Sales for Innovative Brands TikTok has become a powerful platform, leveraging its unique features to drive product sales and engage audiences in innovative ways. The platform has emerged as a powerful tool for achieving these goals, especially when used creatively to tap into the platform’s unique culture and vast user base. Here’s how brands can leverage TikTok to boost […] Retail Bound August 27, 2024August 27, 2024 3 min read Marketing: Social MediaTikTokPartnershipsShoppersPricing & PromotionsHealth & WellnessDept. ApparelRestaurantsConsumersStore LocationMarketing: UGCProcter & GambleDept. HBCDept. Natural / OrganicMarketing: TradeTechnology & InnovationPredictions and ForecastsOperations & Supply ChainDept. NonfoodBrick and MortarMarketing: Loyalty & SubscriptionDept. BeverageHoliday & EventsESG and CSRAgencies 0 Saving Bookmark this article Bookmarked
Channel: Mass 7 Unintended Consequences of the New Burger King and Walmart Partnership The recent partnership between Burger King and Walmart has sparked significant interest within the foodservice and retail industries. While the collaboration promises to bring new opportunities for both brands, according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® it’s essential to explore the unintended consequences that could emerge. From operational challenges […] Grocerant Guru August 23, 2024August 23, 2024 5 min read WalmartData & InsightsRestaurantsDept. GroceryPartnershipsShoppersConsumersStore LocationOperations & Supply ChainMarketing: TradeHealth & WellnessEconomyDept. DeliBrick and MortarDept. Fresh PreparedPricing & PromotionsInclusivityAcquisitionDeliveryDept. FreshMarketing: In StoreMarketing: Loyalty & SubscriptionPepsiCoSustainability 0 Saving Bookmark this article Bookmarked
Stores & Formats Cava earnings beat estimates as restaurant traffic climbs nearly 10% The Mediterranean restaurant chain Cava said its fiscal second-quarter traffic climbed 9.5%, bucking industry trends. CNBC August 23, 2024August 23, 2024 < 1 min read Store LocationRestaurantsResults & Investment 0 Saving Bookmark this article Bookmarked
Channel: Mass Target Sees Increased Profit and Customer Traffic in Q2 After Reducing Prices Retail giant Target adjusted its annual profit forecast higher after a strong second quarter. RetailWire August 21, 2024August 21, 2024 < 1 min read TargetStore LocationShoppersPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Corporate Strategy The cost of shipping furniture: what determines the price Moving can come with a lot of expenses and budgeting for costs isn’t always easy. You have a pretty good idea of what it costs to rent a truck or hire professional movers. You can even come up with a pretty accurate estimate of what you need to spend on moving supplies. However, it’s a […] Retail Technology Innovation Hub August 18, 2024August 18, 2024 4 min read DeliveryOperations & Supply ChainData & InsightsInternationalAssociatesMarketing: Social MediaStore LocationPackagingDept. FuelPredictions and ForecastsStrategyTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Banana Republic Draws on Fashion, Art and Exploration for Redesigned LA Store Banana Republic has reopened its location at Westfield Century City in Los Angeles, showcasing a new premium store design rooted in storytelling and the brand’s history of exploration. Image courtesy Gap Inc. Redesigned in collaboration with architect and interior designer Noa Santos of NAINOA, with artwork curated by creative advisor Jacqueline Schnabel and the in-house Banana Republic team, the elevated store […] Retail TouchPoints August 16, 2024August 16, 2024 2 min read Dept. ApparelMarketing: Social MediaUnileverStore LocationShoppersPartnershipsDept. Natural / Organic 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Trove acquires competing resale platform Recurate [[{“value”:” Dive Brief The combined company will oversee 44 partners and control up to 80% of branded resale traffic in the U.S. as a result of the deal. Published Aug. 15, 2024 Resale platform Trove has acquired competitor Recurate. Courtesy of Trove “}]] RetailDive August 15, 2024August 15, 2024 < 1 min read AcquisitionMarketing: Social MediaTargetStore LocationPartnershipsDept. Apparel 0 Saving Bookmark this article Bookmarked
Data & Insights Best Buy Launches Real-Time Delivery Tracking for Large Product Orders Best Buy has rolled out a new live delivery tracking feature for consumers who have purchased TVs, refrigerators, washers, dryers, and other large electronics and appliances. The new feature, which is accessible via the retailer’s ecommerce site and mobile app, is designed to give shoppers to-the-minute tracking details on their order’s progress, including a real-time […] Retail TouchPoints August 15, 2024August 15, 2024 2 min read Technology & InnovationDeliveryAIBest BuyConsumersShoppersData & InsightsDept. NonfoodStore LocationDept. AppliancesMarketing: Social MediaMarketing: Direct & PersonalizationCustomer ExperienceMarketing: Loyalty & Subscription 0 Saving Bookmark this article Bookmarked
Corporate Strategy Corporate Strategy Six issues Brian Niccol will have to fix at Starbucks as he takes over as CEO Former Chipotle CEO Brian Niccol is starting as chief executive of Starbucks. Written by CNBC September 9, 2024September 9, 2024 Saving Bookmark this article Bookmarked
Channel: Grocery Acquisitions, Divestitures & Mergers Trends & External Forces The Friday Checkout: How strong can C&S be without Safeway? In a letter that surfaced during the federal Kroger-Albertsons merger trial, C&S told the FTC it would be able to “compete more effectively” if the grocers divest a stronger banner. Written by Grocery Dive September 6, 2024September 9, 2024 Saving Bookmark this article Bookmarked
Channel: Mass 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 Forrester September 5, 2024September 9, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Increasing ROI From In-Store Promotions The post Increasing ROI From In-Store Promotions appeared first on SPINS. Written by Spins September 5, 2024September 5, 2024 Saving Bookmark this article Bookmarked
Shopper & Customer Data & Insights Shopper & Customer Trends & External Forces Charts: U.S. Consumer Outlook Q3 2024 Per a new McKinsey survey, U.S consumers are increasingly optimistic about the economy. Some even “splurged” on spending this summer. The post Charts: U.S. Consumer Outlook Q3 2024 appeared first on Practical Ecommerce. Written by Practical Ecommerce September 5, 2024September 9, 2024 Saving Bookmark this article Bookmarked