Data & Insights How to Build a Better Retail Assortment Strategy A well-curated retail assortment bridges the gap between customer preferences and demand for the products offered, ensuring that each item in your inventory adds value to the customer and your business. Moreover, an effective assortment strategy allows retailers to stand out in the fiercely competitive retail landscape, providing a unique and memorable shopping experience. The […] Wiser Retail Strategies August 29, 2023August 29, 2023 5 min read Technology & InnovationAIMerchandisingShoppersStrategyData & InsightsOperations & Supply ChainPredictions and ForecastsTargetCustomer ExperienceConsumersCompetitionTrends: RetailMarketing: Loyalty & SubscriptionDept. NonfoodTrader JoesDept. ApparelMarketing: Direct & PersonalizationVendorsTrends: ConsumerMarketing: UGCMarketing: Social MediaESG and CSRHome DepotMarketing: In StoreWalmartAmazonAssociatesBrick and MortarDept. Fresh 0 Saving Bookmark this article Bookmarked
Channel: Mass SN Top 10: Giant, Target, Trader Joe's top the week's headlines [[“value”:”In this week’s recap of the Top 10 most popular Supermarket News articles, Giant set to close fulfillment center just months after first opening ranked as the week’s top story. A super-sized Giant grocery fulfillment center that opened only a fe”]] Supermarket News August 28, 2023August 28, 2023 < 1 min read Trader JoesTarget 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Trader Joe’s named most innovative for supermarkets [[“value”:”See what other grocers made the top 10 American Innovation Index”]] Supermarket News August 25, 2023August 25, 2023 < 1 min read Trader JoesTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Trader Joe’s union asks court to dismiss lawsuit over logo use [[“value”:”Trader Joe’s is suing the union for using the company’s logo to sell merchandise”]] Supermarket News August 23, 2023August 23, 2023 < 1 min read Trader JoesMarketing: BrandAssociatesLegal & Criminal 0 Saving Bookmark this article Bookmarked
Channel: Grocery Your Views: A Horse Is A Horse, Of Course, Of Course I did a FaceTime earlier this week suggesting that Aldi’s acquisition of Winn-Dixie and Harveys indicates that anything can happen, and I mentioned that an MNB reader observed that since Aldi and Trader Joe’s are owned by the same company, maybe we’ll see Trader Joe’s sections in Winn-Dixie stores. (I noted that the two companies […] MorningNewsBeat August 23, 2023August 23, 2023 7 min read Regional GroceryDept. PetAldiLidlBrick and MortarRestaurantsTrader JoesShoppersAssociatesPublixTechnology & InnovationInclusivityAcquisitionExecutivesAlbertsons / SafewayESG and CSRConsumersResults & InvestmentAIOperations & Supply ChainSoutheastern GrocersCOVID19Dept. GroceryBOPISDeliveryDept. Adult BevSustainabilityStrategyEconomyGovernmentMarketing: In StoreDept. Beverage 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Trader Joe’s Executives Say Employees Will Never Be Replaced by Self Checkout and He Insists Those Chatty Cashiers Are Not Trained To Flirt Trader Joe’s executives have confirmed that the company has no plans to introduce self-checkout kiosks in its stores, emphasizing their commitment to maintaining their employee-centric approach. In an episode of the company’s podcast, they debunked rumors that Trader Joe’s employees are trained to flirt with customers, clarifying that their friendly and chatty interactions with customers… RetailWire August 17, 2023August 21, 2023 < 1 min read Trader JoesExecutivesAssociatesTech: CashierlessPodcastsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Trader Joe’s confirms its stores will never include self-checkout In a company podcast, the grocer’s new CEO and president slammed the popular checkout method as being bad for employees and too much work for shoppers. Grocery Dive August 15, 2023August 15, 2023 < 1 min read Trader JoesTech: CashierlessBrick and MortarShoppersPodcastsExecutivesAssociates 0 Saving Bookmark this article Bookmarked
Channel: Grocery Publix Gains Share of Supermarket Wallet from Kroger Access chart in Dash. Publix gained nearly 1 point of share of wallet among its customer base from competing supermarket chains in the trailing 12 months according to Earnest credit card data. The popular Florida-based grocer commanded 43.3% of its customers’ supermarket dollars in July 2023, up from 42.3% in July 2022. Unlike a market […] Earnest Research August 15, 2023August 21, 2023 < 1 min read Regional GroceryPublixKrogerShoppersData & InsightsAldiData VisualizationSoutheastern GrocersTrader JoesWhole FoodsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other SN Top 10: Amazon, Trader Joe’s, CVS top the week’s headlines [[“value”:”The stories this week you couldn’t get enough of”]] Supermarket News August 9, 2023August 9, 2023 < 1 min read Trader JoesRegional GroceryCVSAmazon 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital SN Top 10: Amazon, Trader Joe's, CVS top the week's headlines In this week’s recap of the Top 10 most popular Supermarket News articles, Amazon makes biggest grocery pivot since Whole Foods ranked as the week’s top story. Amazon’s $13.7 billion acquisition of Whole Foods Market in 2017, is still Supermarket News August 7, 2023August 8, 2023 < 1 min read AmazonWhole FoodsTrader JoesCVSAcquisitionRegional Grocery 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Your Views: Anchors Away Got a number of emails regarding the possibility that employees at Anchor Brewing may try to buy the brand from Sapporo in an effort to keep it from being shut down, and my comment that if they do a GoFundMe page, I’d throw in a few bucks. One MNB reader wrote: Being a native San […] MorningNewsBeat July 26, 2023July 26, 2023 6 min read AmazonCompetitionCustomer ExperienceDept. GroceryDept. Adult BevConsumersShoppersDept. FreshSustainabilityDept. BeverageRestaurantsMarketing: In StoreAlbertsons / SafewayRegional GroceryCPG: Adult BeverageDept. Fresh PreparedBrick and MortarDept. DeliDept. PerimeterMergersDept. PetKrogerMarketing: BroadcastDept. NonfoodTrader JoesOwned Brands (Private Label)Results & InvestmentStore LocationTargetTechnology & InnovationAssociatesCostcoOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Trader Joe’s Sues Employee Union Reuters reports that “grocery-store chain Trader Joe’s sued its employee union in Los Angeles federal court … claiming the union’s sales of merchandise related to the company violated its trademark rights. “The grocer’s lawsuit said Trader Joe’s United sells tote bags, buttons, mugs and other products featuring the store’s name and logo that are likely […] MorningNewsBeat July 19, 2023July 19, 2023 < 1 min read Trader JoesAssociatesLegal & CriminalMarketing: Brand 0 Saving Bookmark this article Bookmarked
Media & Marketing Brand Reputations: Ranking the Best and Worst in 2023 Brand Reputations: Ranking the Best and Worst in 2023 A company’s reputation has become incredibly important in today’s world, where consumers, investors, and stakeholders are more discerning than ever. That’s why the Axios Harris Poll 100 has been measuring the reputations of the most visible companies in the United States for over two decades. In […] Visual Capitalist July 5, 2023July 8, 2023 4 min read Marketing: BrandRestaurantsConsumersCostcoESG and CSRStreamingAmazonAssociatesMarketing: Social MediaTrader JoesInternationalSustainabilityDept. NonfoodOperations & Supply ChainTargetThick DataDept. GroceryDept. ApparelData & InsightsTechnology & InnovationBrick and MortarResults & InvestmentExecutives 0 Saving Bookmark this article Bookmarked
Media & Marketing Your Views: Mythical Contentions & Other Scary Stuff MNB Michael Freese wrote in with some thoughts about the FTC suit against Amazon for “trickery” in how it lures and keeps Prime members: I am a long time Prime member but do not use Subscribe & Save. Well….not exactly. Oddly enough, this morning, before reading your comments on this, my Alexa device dinged with […] MorningNewsBeat June 28, 2023October 5, 2023 4 min read AmazonWhole FoodsDept. Adult BevMarketing: Social MediaDept. GroceryShoppersTikTokAlbertsons / SafewayWalmartMergersCostcoGovernmentDept. BeverageMarketing: VoiceMarketing: Loyalty & SubscriptionTrader JoesPredictions and ForecastsStrategyRestaurantsDept. PerimeterDept. FreshBrick and MortarKrogerAssociatesStore LocationCOVID19Data & InsightsMerchandisingMarketing: TradeMarketing: In StoreLegal & Criminal 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Trader Joe’s to build 1M-square-foot distribution facility in Southern California The 104-acre site will have three structures, including a 211,000-square-foot freezer building, and host nearly 1,000 workers, the city of Palmdale announced. Grocery Dive June 27, 2023June 27, 2023 < 1 min read Trader JoesOperations & Supply ChainAssociates 0 Saving Bookmark this article Bookmarked
Department: Food SOS: In Praise Of The Single-Option Store The Atlantic had a piece over the weekend entitled “The Paradox at the Grocery Store,” which considers the downside of choice. “According to the American Time Use Survey, an average grocery trip takes more than 40 minutes,” the story says. “That may not sound like much, but the task can feel overwhelming and time-consuming in […] MorningNewsBeat June 26, 2023June 26, 2023 2 min read AldiDept. GroceryShoppersDept. FreshDept. PerimeterTrader JoesSpartanNashPackagingDept. PetAmazonThick DataDept. FrozenDept. BakeryCostcoAssociates 0 Saving Bookmark this article Bookmarked
Channel: Mass 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 […] MorningNewsBeat June 8, 2023June 12, 2023 2 min read TargetWalmartWhole FoodsDept. GroceryTrader JoesBrick and MortarConsumersCompetitionExecutivesShoppersAmazonDept. PetDept. ApparelPackagingMarketing: Loyalty & SubscriptionStrategyDept. NonfoodPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Channel: Grocery Wegmans To Close Natick, Massachusetts, Store Wegmans said yesterday that it will close one of its six Massachusetts stores, located in the Natick Mall, about 20 miles west of Boston. The company said that “the Natick store opened in 2018 and was Wegmans’ first multi-level store within a major mall. At 134,000 square feet, it is one of the company’s largest […] MorningNewsBeat June 2, 2023June 2, 2023 4 min read WegmansBrick and MortarStore LocationMarketing: Social MediaPredictions and ForecastsDept. FreshRestaurantsWhole FoodsConsumersDept. Adult BevTrader JoesPricing & PromotionsCOVID19SustainabilityDept. BeverageDeliveryBOPIS 0 Saving Bookmark this article Bookmarked
Channel: Club Costco’s reputation is best in the market: poll Company jumps to No. 1 on Axios Harris Poll 100; Trader Joe’s slips to fourth Supermarket News May 26, 2023May 30, 2023 < 1 min read CostcoTrader Joes 0 Saving Bookmark this article Bookmarked
Channel: Grocery Grocery chains lose luster in reputation rankings as Costco surges Trader Joe’s gave up the top spot in the 2023 Axios Harris Poll 100, which ranks the nation’s most visible brands based on consumer opinions, while Wegmans, Publix and H-E-B all dropped off the list this year. Dive Brief: The supermarket industry declined in prominence in the latest Axios Harris Poll 100 corporate reputation rankings, released Tuesday, as […] Grocery Dive May 25, 2023May 30, 2023 < 1 min read CostcoWegmansTrader JoesPublixHEBConsumers 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Your Views: “The Purpose Of A Business” From an MNB reader: A quick note in response to the email you posted Tuesday on remote working. Companies were forced to go into remote work arrangements during covid and many associates enjoyed the freedom it allowed, particularly if their company did not offer some version of remote working days pre covid. While many workers […] MorningNewsBeat May 18, 2023May 18, 2023 3 min read Trader JoesAssociatesDept. NonfoodCOVID19PartnershipsBrick and MortarAmazonWalmartDeliveryMergersOperations & Supply ChainStrategyTechnology & InnovationKrogerAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Technology & Innovation How Grocers Can Leverage AI to Retain Customers Amidst a Price War With Discounters While inflation has been on the mind of everyone through 2022 and into this year, we recently have been hearing whispers of possible deflation in the near future. Naturally, this has many small retailers and grocers wondering what they would do to survive if that comes to pass. Starting in 2020, we saw larger retailers […] Francois Chaubard May 17, 2023July 11, 2023 3 min read Technology & InnovationAIShoppersEconomyConsumersOperations & Supply ChainMerchandisingBrick and MortarAssociatesPredictions and ForecastsTrader JoesWalmartSustainabilityStrategyStore LocationHoliday & EventsTargetAmazonExecutivesDept. FreshCOVID19AldiTrends: ConsumerAcquisition 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Why Trader Joe’s Remains A One-Channel Retailer CNBC has a story about why Trader Joe’s continues to reject e-commerce as being irrelevant to its business model – it is “happy to keep running its business the way it has since it was founded in 1967.” An excerpt: “One reason is simple: money. Building out a robust delivery operation would involve creating a […] MorningNewsBeat May 17, 2023May 17, 2023 2 min read Trader JoesDeliveryTechnology & InnovationShoppersMarketing: In StoreAssociates 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Trader Joe’s stands firm on opting out of e-commerce The grocer’s latest podcast episode delved into why it is exclusively a brick-and-mortar business — and why it intends to stay that way. Online shopping surged during the pandemic and now accounts for more than $8 billion in monthly sales. Yet Trader Joe’s has stayed the course and avoided tacking on e-commerce shopping methods to its business […] Grocery Dive May 17, 2023May 30, 2023 2 min read Trader JoesPodcasts 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Trader Joe’s CEO Dan Bane announces retirement Bryan Palbaum, the company’s current president and chief operations officer, will take over as chairman and CEO when Bane retires on July 2. Grocery Dive May 15, 2023May 15, 2023 < 1 min read Trader JoesExecutivesOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Shopper & Customer Successful Brands Use This Plan To Win On May 1, 2023, Sprouts Farmers Market reported very positive news during its earnings call. The Wall Street Journal’s Market Report indicated that Sprouts’ first quarter earnings rose 24%. Sprouts’ CEO Jack Sinclair told analysts, “We are pleased with our first quarter; we believe our long-term growth strategy is gaining traction and driving positive performance. […] Branding Strategy May 9, 2023May 9, 2023 6 min read ShoppersStrategyMarketing: BrandHealth & WellnessDept. FreshAssociatesDept. GroceryResults & InvestmentDept. PerimeterBrick and MortarTechnology & InnovationData & InsightsEconomyOwned Brands (Private Label)Marketing: In StoreTargetMerchandisingSustainabilityTrader JoesStore LocationESG and CSROmnichannelWhole FoodsMarketing: TradeOperations & Supply ChainDept. Natural / OrganicTrends: Food and BeverageMarketing: Direct & PersonalizationDept. DairyDept. HBCExecutivesMarketing: Loyalty & Subscription 0 Saving Bookmark this article Bookmarked
Channel: Grocery - Natural SN Top 10: Whole Foods, Trader Joe's, Amazon top the week's headlines In this week’s recap of the Top 10 most popular Supermarket News articles, Amazon could look to acquire Kroger, Albertsons stores ranked as the week’s top story. According to Business Insider, analysts at Bernstein have put Supermarket News May 2, 2023May 2, 2023 < 1 min read Whole FoodsAmazonTrader JoesKrogerBrick and MortarAlbertsons / SafewayAcquisition 0 Saving Bookmark this article Bookmarked
Associates & Employees Trader Joe’s workers vote yes to a union in California But employees at a New York City store fail to get the 50% plus one approval Supermarket News April 25, 2023April 25, 2023 < 1 min read AssociatesTrader Joes 0 Saving Bookmark this article Bookmarked
Associates & Employees Trader Joe’s workers in New York City hand union another setback Employees at a store in Manhattan narrowly voted not to join Trader Joe’s United last week, while workers in Oakland, California, approved plans to become part of the fledgling labor group. Grocery Dive April 24, 2023April 24, 2023 < 1 min read AssociatesTrader Joes 0 Saving Bookmark this article Bookmarked
Associates & Employees Oakland Trader Joe’s Gets Unionized The Los Angeles Times reports that an Oakland, California, Trader Joe’s store has been successfully organized, with workers voting 73-53 in favor of joining the independent union Trader Joe’s United. The vote was tallied by the National Labor Relations Board (NLRB). The Times writes that “the Oakland store is the third Trader Joe’s to unionize; […] MorningNewsBeat April 24, 2023April 24, 2023 2 min read AssociatesTrader JoesRestaurantsPredictions and ForecastsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Channel: Home Improvement Acquisitions, Divestitures & Mergers Corporate Finance Operations & Supply Chain Home Depot Acquires SRS for $18.25B, Boosting Pro Sales Home Depot recently announced its acquisition of SRS Distribution for a whopping $18.25 billion. This hefty investment marks the company’s boldest stride yet to seize a larger share of the professional market, particularly targeting contractors and roofers. Written by RetailWire March 28, 2024March 28, 2024 Saving Bookmark this article Bookmarked
Channel: Grocery Channel: Grocery Kroger to close 3 e-commerce fulfillment facilities The grocer said it will shutter one Ocado-powered spoke in South Florida and two others in Texas in late May. Written by Grocery Dive March 27, 2024March 28, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Corporate Strategy Media & Marketing Data & Insights Shopper & Customer Trends & External Forces Charted: Car Brand Loyalty in 2024 See this visualization first on the Voronoi app. Car Brand Loyalty in 2024 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. This graphic visualizes the best and worst car brands in terms of brand loyalty. […] Written by Visual Capitalist March 26, 2024March 26, 2024 Saving Bookmark this article Bookmarked
Retail Ecosystem ESG Media & Marketing Agencies & Vendors Retail Ecosystem Data & Insights International Shopper & Customer Technology & Innovation Trends & External Forces Operations & Supply Chain Key Takeaways From Shoptalk Spring 2024 Shoptalk always brings the best and brightest minds of the industry together for four days packed with insights, networking opportunities, trend predictions and so much more. This year, the spring event in Las Vegas was no exception. But like many other major industry events, Shoptalk can feel like you’re sprinting a marathon — there’s so […] Written by TotalRetail March 25, 2024March 26, 2024 Saving Bookmark this article Bookmarked
Department: Consumer Durables Department: Consumer Durables Corporate Strategy Corporate Finance Partnerships & Alt Profit Shopper & Customer Trends & External Forces Stores & Formats Nike Pivots, Embraces Wholesale Once Again Amid faltering demand for shoes and clothing as well as slipping digital sales, Nike Inc. said last week that it will bank a lot more on the thing it has spent the past several years turning away from: other retailers. Executives discussed those plans on Nike’s earnings call, during which it announced that while fiscal […] Written by TotalRetail March 25, 2024March 26, 2024 Saving Bookmark this article Bookmarked