Media & Marketing 3 Reasons Why Retailers Must Use TikTok to Grow Their Business I grew up with a self-employed retail family. Our “family trips” to other cities always involved going to a trade show or to see a new vendor. As a child, I felt slighted and disappointed that these “family trips” were really focused on work. However, as I got older and began working in my family’s […] Louie Bischoff March 20, 2023March 20, 2023 3 min read Marketing: SocialTikTokConsumersTargetStore LocationESG and CSRAgenciesVendorsTechnology & InnovationMeta (Facebook)Data & InsightsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Prof G Markets: SVB’s Collapse, the U.S. Banking System, Venture Catastrophists, and What’s Next This week on Prof G Markets, Scott and Ed unpack what happened to Silicon Valley Bank and what its stress test means for the strength of the U.S. banking system. They also discuss how branding has played a role in the chaos, particularly as it relates to the two tiers of venture capitalists that have […] The Prof G Show March 20, 2023March 20, 2023 < 1 min read PodcastsStore LocationMarketing: Brand 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Lawsuit Claims Amazon Failed to Alert NYC Store Customers About Biometric Tracking Amazon is facing a class action lawsuit alleging that the retailer failed to alert Amazon Go customers in New York City that they were being monitored by biometric tracking technology, including facial recognition. The suit states Amazon is in violation of a 2021 law that requires businesses in the city to post signs informing customer […] Retail TouchPoints March 20, 2023March 20, 2023 2 min read AmazonShoppersLegal & CriminalBrick and MortarTechnology & InnovationStore LocationRestaurantsData & InsightsPartnershipsOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Department: Food Kwik Trip Growth with a Focus on Hot Spot Food Consumers want grocerant niche Ready-2-Eat and Heat-N-Eat fresh prepared food with full flavor, fresh, and fast according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. Johnson stated, “In every sector of retail foodservice it is grocerant Ready-2-Eat and Heat-N-Eat that consumers are migrating too according to Nielsenand the team at Foodservice […] Grocerant Guru March 18, 2023March 18, 2023 4 min read Dept. GroceryData & InsightsBrick and MortarDept. FreshConsumersDept. BeverageDept. PerimeterDept. DairyDept. BakeryDept. Fresh PreparedOperations & Supply ChainEconomyDeliveryMarketing: SocialInsight ProvidersExecutivesBig DataDept. FuelPricing & PromotionsStore LocationTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Shopper & Customer Check out these five retail store design tips In today’s digital era, most consumers prefer shopping online, resulting in less retail store foot traffic. However, implementing an effective store design that offers customers better and richer retail experiences can help combat this effect. An excellent retail design combines physical layout, interior décor, and advertising usage within your shop. It can be the difference […] Retail Technology Innovation Hub March 18, 2023March 18, 2023 3 min read ConsumersShoppersData & InsightsStore LocationTechnology & InnovationMarketing: In StoreCustomer ExperienceBrick and MortarTargetMarketing: BrandStrategyPricing & PromotionsPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart Announces 2023 Annual Shareholders’ Meeting Date BENTONVILLE, Ark., March 17, 2023 — Walmart Inc. (NYSE: WMT) today announced that its Annual Shareholders’ Meeting will be held on Wednesday, May 31, 2023. The meeting will be held in a virtual-only format and will begin at 10:30 a.m. CDT. While shareholders will be able to attend the meeting online through a live audio […] Walmart News March 18, 2023March 18, 2023 2 min read WalmartAssociatesMarketing: SocialTwitterMeta (Facebook)Brick and MortarSustainabilityPhilanthropyStore LocationResults & Investment 0 Saving Bookmark this article Bookmarked
Stores & Formats Dollar General investing $100M in its stores, with a focus on boosting labor Dive Brief: Dollar General posted net sales of $10.2 billion during the fourth quarter of 2022, a figure that was up 17.9% compared with the same period in 2021, the discount retail chain reported Thursday. Comparable-store sales rose 5.7% year-over-year in Q4, while operating profit was up 17.1%. CEO Jeff Owen said Dollar General intends to invest about […] Grocery Dive March 17, 2023March 17, 2023 3 min read Dollar GeneralBrick and MortarAssociatesStore LocationResults & InvestmentEconomy 0 Saving Bookmark this article Bookmarked 4
Shopper & Customer How Forever 21 Accelerated its E-Commerce Growth We’ve all done it: We get to that point of finishing our purchase and we’re presented with the choice of checking out as a guest or creating an account with the retailer. Some part of us knows that we should just create the account — but then we hesitate. The form, the fields, the time, […] Shilpi Narang March 16, 2023March 16, 2023 3 min read ShoppersTechnology & InnovationCustomer ExperienceConsumersData & InsightsDept. ApparelDeliveryOperations & Supply ChainOmnichannelDept. NonfoodPredictions and ForecastsStore LocationCOVID19ExecutivesESG and CSR 0 Saving Bookmark this article Bookmarked
Media & Marketing Dollar General sales strong, but miss estimates GOODLETTSVILLE, Tenn. — Dollar General Corp. reported strong sales for the fourth quarter and fiscal year (53 weeks) ended February 3, although store traffic was down and sales came in below expectations. Fourth quarter net sales increased 17.9%, and fiscal year net sales increased 10.6%. Same-store sales in the fourth quarter increased 5.7%, falling short […] MMR March 16, 2023March 16, 2023 3 min read Dollar GeneralResults & InvestmentShoppersAssociatesOperations & Supply ChainSustainabilityExecutivesBrick and MortarEconomyStore LocationReturnsDept. ApparelStrategyMarketing: In Store 0 Saving Bookmark this article Bookmarked
Data & Insights 8 Takeaways from Expo West 2023 Last week, the 2023 edition of Natural Products Expo West brought the natural industry together in Anaheim for an exciting week of education, conversations, product showcases, and—most importantly—sampling. With more than 65,000 registered attendees and 3,000 exhibitors across 5 days and multiple halls, Expo West reminded everyone why it is the event of the year […] Spins March 15, 2023March 16, 2023 4 min read Data & InsightsDept. NonfoodConsumersDept. Natural / OrganicHealth & WellnessIndustry Conferences and EventsSustainabilityDept. GroceryTrends: Food and BeverageDept. BeverageDept. DairyPackagingShoppersDept. FreshAssociatesMarketing: SocialPartnershipsTechnology & InnovationUnileverDept. Adult BevExecutivesDept. RefrigeratedTrends: ConsumerStrategyStore LocationResults & InvestmentMarketing: In StoreESG and CSREconomy 0 Saving Bookmark this article Bookmarked
Retailer Media Why Retail Media and CTV Are Set to Have a Very Happy 2023 For an advertiser looking for real-time conversions on its ads, retail media is nothing short of magic. Retail media ads connect impressions directly to purchases. You can see exactly how many people saw your ad and then completed a transaction. No other ad medium comes close. With retail media, brands can reach tens of millions […] Amit Nigam March 15, 2023March 15, 2023 3 min read Marketing: Retail MediaMarketing: BroadcastStreamingData & InsightsConsumersMarketing: SocialKrogerWalmartInstacartDeliveryShoppersPartnershipsAlbertsons / SafewayOperations & Supply ChainConsultingDrizlyMarketing: Digital MediaTikTokAgenciesTargetGopuffBrick and MortarWalgreensLowesMergersFood DeliveryESG and CSREconomyStore LocationQ CommerceResults & InvestmentCVSBig DataBest BuyAmazonTechnology & InnovationMars Inc. 0 Saving Bookmark this article Bookmarked 4
Data & Insights How Retailers Can Use Video Analytics to Draw Valuable Insights The retail sector has seen dramatic changes in recent years with the rise of online shopping and an isolating pandemic driving an exodus of customers from long-established shared spaces such as malls and movie theaters. Despite less-than-ideal circumstances, many of these trends have challenged traditional brick-and-mortar retailers to rethink how they do business, and some […] Liam Galin March 14, 2023March 14, 2023 3 min read Technology & InnovationAIData & InsightsShoppersStore LocationBrick and MortarCustomer ExperienceDept. NonfoodHoliday & EventsDept. Toys & GamesCOVID19Operations & Supply ChainAssociatesDept. Natural / OrganicThick DataDeliveryExecutivesMerchandisingStore FormatTech: AI 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Amazon-powered c-store opens at Virginia college Marymount University opened a 24-hour shop last week that marks the first campus location to integrate Amazon’s frictionless checkout technology. Grocery Dive March 13, 2023March 13, 2023 < 1 min read AmazonStore LocationTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Channel: Delivery SN Top 10: Dollar Tree, CVS, Instacart top the week’s headlines In this week’s recap of the Top 10 most popular Supermarket News articles, the top story was about Dollar Tree increasing prices as a study throws shade on its strategies. Traffic is down at the discount store, but profits are up due to the Plus prog Supermarket News March 13, 2023March 13, 2023 < 1 min read InstacartDollar TreeDeliveryCVSStore Location 0 Saving Bookmark this article Bookmarked
Department: Nonfood 6 Critical Lessons for IT Teams to Improve Internet Resilience The internet is becoming ever more complex and challenging. An outage can happen to anyone at any time. For e-commerce companies, it means a standstill of business. Recent estimates put revenue loss of outages to Amazon.com at $220,318 per minute. You can’t fully prevent them, but your IT team can take measures to proactively reduce […] Dritan Suljoti March 13, 2023March 13, 2023 3 min read ShoppersTechnology & InnovationCustomer ExperienceStore LocationLegal & CriminalDept. NonfoodAssociatesAmazon 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Wireframe : create the model of your website The wireframe is used in e-commerce to help e-tailers develop their websites. It is a particularly important step in the development of new features and websites. You will categorise your ideas to give a harmonious and coherent final result. The aim is not to define the graphic elements but to concentrate solely on the ergonomic […] Ecommerce Nation March 10, 2023March 10, 2023 4 min read ConsumersTechnology & InnovationStrategyStore LocationPredictions and ForecastsEconomyDeliveryAssociates 0 Saving Bookmark this article Bookmarked
Media & Marketing Audi tests personalized QR codes in streaming ads The carmaker is the first to test Kerv’s Dynamic Destination ad product, which uses triggers like location and time of day to generate unique landing pages. MarketingDive March 9, 2023March 9, 2023 < 1 min read StreamingMarketing: Direct & PersonalizationMarketing: Digital MediaStore Location 0 Saving Bookmark this article Bookmarked
Shopper & Customer Top 100 E-commerce in the UK – 2nd Semester 2022 E-Commerce Nation, in partnership with Similarweb, has compiled a list of the Top 100 E-commerce UK. The recent surge in energy and life prices has significantly impacted household consumption. As the high season approaches, brands are actively competing to lure customers to their online stores, accessible via computers, mobile sites, and increasingly, mobile apps. In […] Ecommerce Nation March 9, 2023March 9, 2023 4 min read ConsumersDept. ApparelSustainabilityInternational - UKAmazonAcquisitionTechnology & InnovationCompetitionStore LocationDeliveryCOVID19MetaverseEconomyOperations & Supply ChainPackagingInternationalBrick and MortarOmnichannelESG and CSRPredictions and ForecastsPartnershipsData & InsightsPricing & PromotionsResults & InvestmentTech: AR and VRDept. NonfoodAssociatesCryptoTrends: Tech 0 Saving Bookmark this article Bookmarked
Trends & External Forces Green Zebra, Unique Healthy C-Store Format, To Close Green Zebra, the Portland, Oregon, “healthy convenience store” that began operations a decade ago, announced this morning that it will wind down operations and close all three of its units at the end of the month. “We have been holding on by a thread since the pandemic started and have been in austerity mode since […] MorningNewsBeat March 9, 2023March 9, 2023 4 min read Store FormatHealth & WellnessOperations & Supply ChainAssociatesCOVID19Dept. GroceryEconomyDept. FreshDept. BeverageWhole FoodsPackagingExecutivesDept. Adult BevDept. FuelStreamingPartnershipsDept. PerimeterBrick and MortarGovernmentStore LocationResults & Investment 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value As Dollar Tree increases prices, study throws shade on strategies Traffic is down at the discount store, but profits are up due to Plus program Supermarket News March 8, 2023March 8, 2023 < 1 min read Dollar TreeStore Location 0 Saving Bookmark this article Bookmarked
Channel: Grocery Hy-Vee pilots test-to-treat for COVID-19, flu WEST DES MOINES, Iowa — Hy-Vee, Inc. announces today that select Hy-Vee Pharmacy locations in Iowa will begin offering a new COVID-19 and flu test-to-treat service as part of a pilot through eTrueNorth. Hy-Vee is one of the first pharmacy providers in the state of Iowa to offer this service. With one test, patients can […] MMR March 8, 2023March 8, 2023 2 min read Hy-VeeCOVID19Dept. PharmacyStore LocationDept. OTCHealth & WellnessGoogleDept. HBCData & InsightsAssociates 0 Saving Bookmark this article Bookmarked
Media & Marketing What is Omni-channel Retail? The retail landscape has been dramatically changing in recent years, forcing businesses to accommodate multiple channels when selling to consumers. Although many new product companies are finding success selling on Shopify or Amazon, online sales still only represent 20% of all retail sales, whereas offline channels like brick-and-mortar locations, catalog, TV Shopping and Reward and […] Retail Bound March 7, 2023March 10, 2023 4 min read Marketing: PrintShoppersMarketing: BroadcastBrick and MortarConsumersData & InsightsStrategyCustomer ExperienceStore LocationTechnology & InnovationCOVID19Trends: RetailOperations & Supply ChainPartnershipsPredictions and ForecastsShopifyTargetDept. NonfoodAmazon 0 Saving Bookmark this article Bookmarked
Stores & Formats Amazon to Close 8 Go Convenience Stores Amazon.com announced late last week that it plans to close eight of its Go convenience stores, a decision that coincides with a pullback in its physical footprint and a broader effort to cut costs. The company will shut two Go stores in New York City, two locations in Seattle, and four stores in San Francisco. […] Joe Keenan March 7, 2023March 7, 2023 < 1 min read Brick and MortarAmazonDept. FreshStore LocationAssociatesShoppersResults & InvestmentOperations & Supply ChainExecutives 0 Saving Bookmark this article Bookmarked
Data & Insights Discount Cards, Cost-Plus Pharmacies, and PBMs: Trends, Controversies, and Outlook (NEW Live Video Webinar) Dr. Adam J. Fein, CEO of Drug Channels Institute (DCI) and the author of Drug Channels, invites you to join him for a new video webinar: Discount Cards, Cost-Plus Pharmacies, and PBMs: Trends, Controversies, and Outlook This event will be broadcast live on Friday, March 31, 2023, from 12:00 p.m. to 1:30 p.m. ET. This […] Drug Channels March 7, 2023March 7, 2023 4 min read Data & InsightsDept. PharmacyMarketing: SocialEconomyPricing & PromotionsMarketing: TradeConsultingTechnology & InnovationVendorsExecutivesKraftHeinzOwned Brands (Private Label)Store LocationMeta (Facebook)Associates 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital More Search Volume is Flowing to ‘Long Tail’ Terms on Amazon The most popular terms on Amazon continue to drive a significant percentage of the overall search volume on the retail site. But over the past year, as overall search volume on Amazon rose across the board, a noticeably greater share has shifted towards terms with lower search frequency ranks (SFR). While the degree of these […] Momentum Commerce March 6, 2023March 6, 2023 2 min read AmazonTechnology & InnovationStore LocationCompetitionUnileverResults & InvestmentOwned Brands (Private Label)Operations & Supply ChainMarketing: Loyalty & SubscriptionHealth & WellnessDept. NonfoodData & Insights 0 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit Claire’s Aims High (and Wide) with Next-Gen Paris Store, U.S. Grocery Expansion Claire’s is celebrating the opening of its next-generation store in Paris with a Fashion Week event on March 6, 2023 that will spotlight the brand’s partnership with fashion designer Nicola Formichetti and V Magazine. At the same time the brand also is expanding its presence across grocery stores in the U.S. Parisian Store Offers Glimpse […] Retail TouchPoints March 6, 2023March 6, 2023 3 min read PartnershipsConsumersStore LocationDept. ApparelMetaverseMarketing: SocialPredictions and ForecastsExecutivesTrends: TechWalmartMeta (Facebook)Brick and MortarKrogerShoppersPricing & PromotionsPop UpsOperations & Supply ChainDept. FreshInternational - UKGovernmentGiant EagleMarketing: In StoreDept. GroceryESG and CSRAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Amazon Pauses HQ2 Construction Process, Will Close 8 Go Stores Amazon said on Friday that it is pausing construction of its vaunted HQ2 corporate offices in Arlington, Virginia, as well as permanently closing eight of its pioneering checkout-free Amazon Go stores. Bloomberg broke the story on Friday about Amazon’s HQ2 decision : “John Schoettler, Amazon’s real estate chief, confirmed the pause … Schoettler said the […] MorningNewsBeat March 6, 2023March 6, 2023 5 min read AmazonTechnology & InnovationAIBrick and MortarMarketing: VoiceDept. NonfoodExecutivesAssociatesEconomyShoppersStore LocationWhole FoodsResults & InvestmentTech: CashierlessSustainabilityPredictions and ForecastsTwitterGooglePricing & PromotionsPop UpsPartnershipsOperations & Supply ChainDept. FreshMarketing: Social 0 Saving Bookmark this article Bookmarked
Corporate Strategy Kohl’s CEO Asks Shareholders for Patience Following Q4 Loss, Foresees ‘Transitional’ Year Ahead A surprise loss in Q4 2022 put Kohl’s newly confirmed CEO Toms Kingsbury in the hot seat as the company continues to grapple with declining sales and pressure from activist investors. Steep discounts lead a more than 10 percentage point decline in Q4 gross margins to 23%, with net sales down 7.2% and comparable store […] Retail TouchPoints March 6, 2023March 6, 2023 2 min read ExecutivesResults & InvestmentDept. HBCOperations & Supply ChainPartnershipsShoppersCustomer ExperienceSustainabilityMarketing: TradeMerchandisingPredictions and ForecastsPricing & PromotionsStore LocationAssociates 0 Saving Bookmark this article Bookmarked
Technology & Innovation Best Buy Shutters Up to 30 Larger Stores as it Shifts Omnichannel Operating Model Best Buy is planning to evolve its operating model with a greater emphasis on smaller stores as the retailer plans to close 20 to 30 large-format stores, implement eight experiential store remodels and open approximately 10 additional outlet stores over the coming year. The retailer plans to invest $200 million in capital expenditures for both […] Retail TouchPoints March 4, 2023March 4, 2023 2 min read Technology & InnovationOmnichannelBest BuyBrick and MortarAssociatesShoppersResults & InvestmentPredictions and ForecastsEconomyConsumersTrends: TechBOPISExecutivesStore LocationStrategyAmazon 0 Saving Bookmark this article Bookmarked
Technology & Innovation Fueling Frictionless Retail With Near Store Solutions Low-and-no contact retail exploded in response to the demands of COVID-19, yet these service delivery methods remain popular. Near-store, curbside solutions leverage modern, fast data networks to help to minimize that contact. When Steve Jobs first announced the iPhone in 2007, few could have anticipated just how much smartphones and their adoption would transform what […] Rethink Retail March 3, 2023March 3, 2023 6 min read Technology & InnovationAIConsumersData & InsightsBOPISShoppersMarketing: In StoreCOVID19DeliveryTech: IoTWalmartOmnichannelReturnsEconomyWeatherStore LocationInsight ProvidersMarketing: Direct & PersonalizationBrick and MortarAssociatesMarketing: MobileTech: AIStrategyPredictions and ForecastsOperations & Supply ChainMarketing: SocialMarketing: Loyalty & SubscriptionPricing & Promotions 0 Saving Bookmark this article Bookmarked
Technology & Innovation Corporate Strategy Corporate Finance Partnerships & Alt Profit Media & Marketing Agencies & Vendors Data & Insights International Shopper & Customer Technology & Innovation aisle 3 exits the CSS business and uses proceeds to support growth in sneaker category AI powered shopping platform aisle 3 has completed the sale of its Google Comparison Shopping Site (CSS) service to Product Hero. Financial terms of the deal were not disclosed, other than it being all cash. The sale consolidates market share for CSS service provider Product Hero, which works with the likes of Rituals and Ikea. […] Written by Retail Technology Innovation Hub March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked
Technology & Innovation The Daily QuickWit (3/17): The Top Retail News The top retail news and most read stories in commerce. Written by RetailWit March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit Partnerships & Alt Profit Shopper & Customer Technology & Innovation Kroger lands deal for self-driving truck deliveries Get ready because the empty truck cabs in motion are coming. Gatik, which is involved in autonomous middle-mile logistics, has announced a multi-year commercial collaboration to transport customer orders within Kroger’s Dallas distribution network. The operations will launch in a few weeks. Under the collaboration, Gatik’s medium-duty autonomous box trucks will transport fresh, customer-favorite products from […] Written by Supermarket News March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked
CPG: Food Channel: Grocery Department & Category Department: Beverage Department: Food Corporate Strategy Shopper & Customer Technology & Innovation Trends & External Forces Merchandising Owned Brands (Private Label) Albertsons Redesigns and Expands Open Nature Own Label Line Albertsons yesterday unveiled what it said was “the redesign of its Open Nature brand as the company strives to become the brand of choice for those health-conscious shoppers seeking a more balanced lifestyle. Open Nature, which is part of Albertsons Cos. Own Brands portfolio, provides shoppers with tasty foods made with thoughtfully chosen ingredients that […] Written by MorningNewsBeat March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked
Stores & Formats Corporate Finance Trends & External Forces Associates & Employees Stores & Formats Dollar General investing $100M in its stores, with a focus on boosting labor Dive Brief: Dollar General posted net sales of $10.2 billion during the fourth quarter of 2022, a figure that was up 17.9% compared with the same period in 2021, the discount retail chain reported Thursday. Comparable-store sales rose 5.7% year-over-year in Q4, while operating profit was up 17.1%. CEO Jeff Owen said Dollar General intends to invest about […] Written by Grocery Dive March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked