Channel: Grocery - Natural Whole Foods wants vendors to cut prices Whole Foods is asking vendors to lower prices to reflect lower inflation rates. The grocery chain is seeking to improve the price perceptions that consumers hold for the chain. Foot traffic to Whole Foods’ stores fell eight percent in the fourth quarter, according to Placer.ai. RetailWire January 31, 2023January 31, 2023 < 1 min read Whole FoodsVendorsTechnology & InnovationConsumersStore LocationEconomyBrick and Mortar 0 Saving Bookmark this article Bookmarked
Technology & Innovation NRF 2023: Top Retail Influencers’ Key Takeaways (Part Two) The RETHINK Retail team ventured to NYC from January 14-17th for NRF 2023: Retail’s Big Show. While there, we had the opportunity to speak with attendees from our Top Retail Influencer community and learn about their event experience. #TRI members–Ian Scott, Martin Newman, Melissa Gonzalez, Melissa Minkow, Nikki Baird, Ron Thurston, Stewart Samual, and Thomas […] Rethink Retail January 28, 2023January 28, 2023 5 min read Technology & InnovationConsultingMarketing: SocialConsumersData & InsightsMarketing: Direct & PersonalizationSustainabilityOperations & Supply ChainPartnershipsDept. PetMarketing: In StoreIndustry Conferences and EventsShoppersStrategyLowesInternationalOmnichannelInternational - North AmericaTrends: TechTargetStore LocationCOVID19Results & InvestmentBrick and MortarVendorsEconomyDept. Toys & GamesBig Data 0 Saving Bookmark this article Bookmarked
Technology & Innovation How Wayfair is Prioritizing Innovation in its Brick-and-Mortar Strategy Wayfair is prioritizing innovation across its organization, supported by technology providers like Toshiba Global Commerce Solutions. While at the National Retail Federation Big Show in New York City last week, Editor-in-Chief Joe Keenan spoke with Kevin O’Riordan, head of physical retail and supply chain engineering at Wayfair, and Fredrik Carlegren, vice president of marketing and communications at Toshiba Global Commerce Solutions. In […] Kristina Stidham January 27, 2023January 27, 2023 < 1 min read Technology & InnovationStrategyCustomer ExperienceShoppersMarketing: SocialVendorsOperations & Supply ChainDept. Nonfood 0 Saving Bookmark this article Bookmarked
Corporate Finance NRF 2023: Top Retail Influencers’ Key Takeaways The RETHINK Retail team ventured to NYC from January 14-17th for NRF 2023: Retail’s Big Show. While there, we had the opportunity to speak with attendees from our Top Retail Influencer community and learn about their event experience. #TRI members- April Sabral, Andrew Smith, Carl Boutet, Alberto Serrentino, Charles Haseman, Christine Russo, Guy Courtin, and […] Rethink Retail January 27, 2023January 27, 2023 5 min read Technology & InnovationMarketing: SocialData & InsightsOperations & Supply ChainShoppersPredictions and ForecastsExecutivesData VisualizationOmnichannelBrick and MortarCustomer ExperienceReturnsAssociatesTrends: RetailSustainabilityResults & InvestmentIndustry Conferences and EventsMerchandisingInsight ProvidersConsultingDept. ApparelVendorsMarketing: Loyalty & Subscription 0 Saving Bookmark this article Bookmarked
Corporate Strategy David’s Bridal Is Going After The Wedding Planning Market With New Platform Retailer David’s Bride has launched a wedding marketplace to connect vendors with brides. Joan Verdon - Forbes January 27, 2023January 27, 2023 < 1 min read StrategyVendors 0 Saving Bookmark this article Bookmarked
Shopper & Customer How to Get Discovered by U.K. Retailers: Understanding British Consumers Before you launch your brand in the United Kingdom, it’s important to know what’s going on in today’s U.K. retail market as it may differ from the markets your brand currently has a presence in. Whether the British market is familiar territory or completely new, here’s a deep dive into understanding the U.K.’s marketplace, retailers, […] RangeMe January 26, 2023January 26, 2023 4 min read ConsumersSustainabilityVendorsInternational - UKPackagingGovernmentTescoHealth & WellnessEconomyShoppersInclusivityDept. GroceryData & InsightsDept. BeveragePredictions and ForecastsOmnichannelMarketing: SocialDept. PetOperations & Supply ChainDept. NonfoodDept. Adult BevResults & InvestmentESG and CSRDept. HBCAldiMarketing: In StoreTargetMarketing: Loyalty & SubscriptionTechnology & InnovationAssociatesHoliday & EventsDept. FuelOwned Brands (Private Label)social commerceTrends: Food and BeverageTrends: RetailBrick and MortarInsight Providers 0 Saving Bookmark this article Bookmarked
Shopper & Customer How to Start a Retail Business Starting a business can be one of the most rewarding experiences of someone’s life, and the satisfaction that comes with owning a successful business can be life-changing. It isn’t all easy, but seeing your labor bear fruit can be worth the effort. Starting a retail business, in particular, is one of the most popular small […] RangeMe January 26, 2023January 26, 2023 8 min read ShoppersVendorsResults & InvestmentStrategyCompetitionTargetStore LocationDept. HBCMarketing: BrandOperations & Supply ChainDept. ApparelAssociatesTechnology & InnovationConsumersCustomer ExperienceLegal & CriminalDept. NonfoodDept. FreshPredictions and ForecastsExecutivesESG and CSRMarketing: SocialDept. Toys & GamesStart UpsPartnershipsData & InsightsBrick and MortarGovernment 0 Saving Bookmark this article Bookmarked
Technology & Innovation Tech layoffs? Great companies are actively hiring marketing technology talent In my previous post, I boldly predicted that we’re on the verge of a whole series of martech innovations: AI, composability, AR/VR, even, yes, “Web3”. While I agree with the pessimists that 2023 will be a challenging year for a lot of martech vendors, I believe this is more of a business cycle bump in […] chiefmartec January 26, 2023January 26, 2023 4 min read Technology & InnovationOperations & Supply ChainAssociatesGoogleConsultingPredictions and ForecastsCompetitionTech: AR and VRMarketing: SocialMarketing: Direct & PersonalizationDept. Adult BevCryptoVendors 0 Saving Bookmark this article Bookmarked
Technology & Innovation AD Retail Media with Peapod Digital Labs’ Bobby Watts The CPG Guys speak with Bobby Watts, Vice President of AD Retail Media at Peapod Digital Labs, a division of Ahold Delhaize, one of the world’s largest grocery retailers. Follow Bobby Watts on LinkedIn at: https://www.linkedin.com/in/bobby-watts-48571b74Contact Bobb Watts at: [email protected] Peapod Digital Labs on LinkedIn at: https://www.linkedin.com/company/peapoddigitallabs/Follow Peapod Digital Labs online at: http://peapoddigitallabs.com Bobby answers […] The CPG Guys January 25, 2023January 25, 2023 2 min read Technology & InnovationDeliveryMarketing: Retail MediaMarketing: SocialPodcastsMerchandisingOmnichannelShoppersAhold DelhaizeVendorsCOVID19MetaversePartnershipsPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Trends & External Forces USDA Announces New, Tougher Organic Guidelines The US Department of Agriculture (USDA) has announced new “organic” guidelines that are designed “to close loopholes” that permitted ingredients that did not meet the criteria for “certified organic” to get into the organic supply chain. The Washington Post reports that “the USDA has a strict definition of ‘certified organic,’ allowing the label to be […] MorningNewsBeat January 22, 2023January 22, 2023 2 min read Dept. Natural / OrganicHealth & WellnessOperations & Supply ChainDept. GroceryGovernmentVendorsInternationalExecutivesEconomy 0 Saving Bookmark this article Bookmarked
Trends & External Forces Your Views: Pandering To The Worst Stereotypes The other day we referenced a story from the New York Times detailing how when many workers start jobs in the restaurant business, they are required to “pay around $15 to a company called ServSafe for an online class in food safety.” What they don’t know is that ServSafe “doubles as a fund-raising arm of […] MorningNewsBeat January 21, 2023January 21, 2023 4 min read GovernmentAmazonPhilanthropyDept. GroceryAssociatesVendorsRestaurantsDept. FreshBrick and MortarDept. NonfoodDept. PerimeterEconomyShoppersPricing & Promotions 0 Saving Bookmark this article Bookmarked
Technology & Innovation 6 notable tech updates from the National Retail Federation’s 2023 show From new food waste solutions to checkout devices, several vendors unveiled grocery-related developments at the annual conference in New York. Here are some of the ones not to miss. Grocery Dive January 20, 2023January 20, 2023 < 1 min read Technology & InnovationSustainabilityVendorsDept. Grocery 0 Saving Bookmark this article Bookmarked
Shopper & Customer More With Less: How SKU Reduction Can Drive Category Volume One of the most persistent trends of the last 30 years of CPG marketing has been SKU (Stock-Keeping Unit) proliferation – the addition of more products and a variety of products based on changes to the market, such as adding several new flavors of a top-selling beverage. However, this trend is coming to an end. […] RangeMe January 20, 2023January 20, 2023 4 min read ShoppersMerchandisingDept. BeverageInsight ProvidersBig DataOperations & Supply ChainData & InsightsDept. FrozenVendorsDept. NonfoodMarketing: Loyalty & SubscriptionTechnology & InnovationDept. DairyDept. RefrigeratedCOVID19AssociatesInclusivityPartnershipsDept. GroceryAhold Delhaize 0 Saving Bookmark this article Bookmarked
Technology & Innovation 3 Ways Banks Can Bridge The Growing Customer Expectation Gap Financial constraints like inflation costs and rising interest rates are hitting many consumers hard. This instability, paired with changing customer expectations from banks, means you must focus more on personalizing your customer service engagements and offering more proactive advice. Doing so can help bridge a growing customer expectation gap, while helping your bank run more […] Salesforce January 20, 2023January 20, 2023 5 min read Technology & InnovationShoppersIndustry Conferences and EventsResults & InvestmentData & InsightsThick DataMarketing: Direct & PersonalizationExecutivesConsumersPredictions and ForecastsMarketing: Loyalty & SubscriptionMarketing: In StoreCOVID19VendorsMarketing: SocialMarketing: VoicePartnershipsEconomyAssociates 0 Saving Bookmark this article Bookmarked
Shopper & Customer 3 Tips for Successful Ad Campaigns in 2023 Privacy changes, a looming recession and eroding consumer spending power were just a few headlines that disrupted marketing strategies in the past year. As a result, you likely saw several industry shifts that impacted the way you reached shoppers in 2022. Going into the new year with so many changes and likely more to come, […] Molly McFarland January 20, 2023January 20, 2023 3 min read ConsumersShoppersTargetEconomyData & InsightsMarketing: In StoreReturnsMarketing: Direct & PersonalizationCOVID19ConsultingDept. NonfoodMarketing: Loyalty & SubscriptionMarketing: ShopperPredictions and ForecastsStrategyTechnology & InnovationVendors 0 Saving Bookmark this article Bookmarked
Department: Food Trunk Music: In Miami, Grocery Shopping Takes To The Streets Good piece in the New York Times about how, in Florida’s Miami-Dade County, vendors “can be found in parking lots and along busy roads … They turn their open car trunks into makeshift cafeterias or grocery stores, selling produce, tamales, seafood and meats. They shout their sales pitches, lighthearted Spanish rhymes, as they follow shoppers […] MorningNewsBeat January 20, 2023January 20, 2023 2 min read VendorsDept. FreshDept. PerimeterDept. GroceryBrick and MortarAssociatesShoppersPricing & PromotionsGovernmentDept. Beverage 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Amazon Finds Revenue Opportunity In Storage Capacity Issues Ecommerce Bytes has a story about how Amazon is dealing with storage capacity issues in its Fulfillment By Amazon (FBA) program – it is simultaneously putting limits on what vendors can store in its warehouses and turning the problem into a new source of revenue. The story says that Amazon has announced “a new system […] MorningNewsBeat January 20, 2023January 20, 2023 2 min read AmazonOperations & Supply ChainVendorsUnilever 0 Saving Bookmark this article Bookmarked
Data & Insights Two-Thirds of Consumers Have Deleted an App Over Privacy Concerns. Here’s How to Avoid the Discard Pile Today’s marketers face the ultimate catch-22: Consumers overwhelmingly desire hyperpersonalized experiences, yet they’re concerned about sharing their data. According to Arity’s research, 66 percent of consumers have deleted an app due to privacy concerns. With competition for business fierce and the data privacy movement underway, retailers and marketers must establish strong data collection practices for […] Chuck Fuller January 19, 2023January 19, 2023 3 min read Data & InsightsConsumersShoppersMarketing: Loyalty & SubscriptionVendorsStore LocationMarketing: Direct & PersonalizationCompetitionCustomer ExperiencePartnershipsPricing & PromotionsStrategyTechnology & InnovationMarketing: In Store 0 Saving Bookmark this article Bookmarked
Corporate Finance Party City Files for Chapter 11, Plans to Restructure Debt Party City has filed for Chapter 11 bankruptcy protection in a bid to restructure its heavy debt load and keep its doors open after supply chain woes, rising inflation and a consumer slowdown took a chunk out of sales, reports CNBC. The party supplies retailer has secured a $150 million bankruptcy loan and will seek approval to use […] Kristina Stidham January 19, 2023January 19, 2023 < 1 min read BankruptcyResults & InvestmentBrick and MortarEconomyVendorsPredictions and ForecastsOperations & Supply ChainExecutivesCOVID19ConsumersConsulting 0 Saving Bookmark this article Bookmarked
Corporate Finance Bed Bath & Beyond looks for capital infusion, buyer ahead of likely bankruptcy filing [[ Getty Images Bed Bath & Beyond has been in discussions with prospective buyers and lenders as it works to keep its business afloat during a likely bankruptcy filing, according to people familiar with the matter. The retailer is in the midst a sale process in hopes of finding a buyer that would keep the […] CNBC January 18, 2023January 18, 2023 3 min read BankruptcyResults & InvestmentPartnershipsBed Bath & BeyondOperations & Supply ChainAssociatesBrick and MortarDept. ApparelExecutivesVendorsLegal & CriminalMerchandisingStrategyAcquisition 0 Saving Bookmark this article Bookmarked
Technology & Innovation Top 5 POS Features for Table Service Brands [[“value”:” Share: In recent years, point-of-sale systems have quickly become one of the most important and high-tech solutions a restaurant brand can utilize as its purpose has had to adapt to the constant changes in customer demand. In the past, POS solutions were designed to function as a limited-use cash register and accomplish two goals: […] Partech January 18, 2023January 18, 2023 4 min read Technology & InnovationData & InsightsOperations & Supply ChainShoppersConsumersRestaurantsDeliveryLegal & CriminalAssociatesDept. NonfoodVendorsThick DataSustainabilityResults & InvestmentDept. Grocery 0 Saving Bookmark this article Bookmarked
Channel: Grocery Albertsons seeks diverse-owned suppliers BOISE, Idaho – Albertsons Cos. announced the opening of its annual application process for certified diverse-owned suppliers. Eligible applicants include individual, small and mid-size businesses that are at least 51% owned, controlled and operated by women, Black, indigenous and people of color, LGBTQ+, veterans or people with disabilities who can offer products that appeal to […] MMR January 14, 2023January 14, 2023 2 min read Albertsons / SafewayInclusivityResults & InvestmentMarketing: SocialVendorsTechnology & InnovationShoppersOperations & Supply ChainDept. Grocery 0 Saving Bookmark this article Bookmarked
Technology & Innovation CES 2023: Will the metaverse remain an unfulfilled prophecy? It gets thrown around so often that even typing it here begs a virtual eye roll – but yes, it’s true: the metaverse was all abuzz at CES 2023. Indeed, vendors were keen to showcase technologies that could play a key role in making virtual worlds a sensory-rich experience. OVR Technology, for example, unveiled a […] BCC Research January 13, 2023January 13, 2023 < 1 min read MetaverseTrends: TechIndustry Conferences and EventsTechnology & InnovationTech: AR and VRVendorsMarketing: Social 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart Expands Reach of Third-Party Retail Services with Salesforce Integration Walmart’s burgeoning slate of white-label retail tech will be made more widely available via a new partnership with Salesforce. Retailers will now be able to plug into Walmart Commerce Technologies’ Store Assist local fulfillment services and the Walmart GoLocal delivery solution through the Salesforce AppExchange. The new partnership is part of a growing push by […] Retail TouchPoints January 13, 2023January 13, 2023 2 min read WalmartTechnology & InnovationPartnershipsDeliveryRecommerceBOPISOperations & Supply ChainOmnichannelInstacartAcquisitionVendorsAmazonShoppersData & InsightsPackagingDept. NonfoodBrick and MortarStrategyPricing & PromotionsExecutivesHoliday & EventsHome DepotMarketing: Direct & PersonalizationMarketing: In Store 0 Saving Bookmark this article Bookmarked
Data & Insights Retail Software Teams Need to Start Using Synthetic Data It’s a tale as old as time: You, a customer, enter a store (digital or otherwise), just looking to make a purchase and move on with your life. But you may leave with a little more than you bargained for: Your purchase of bananas, NFTs, or a limited-edition furby … and having shared your personal […] Omed Habib January 11, 2023January 11, 2023 3 min read Data & InsightsTechnology & InnovationShoppersLegal & CriminalMarketing: TradeVendorsSustainabilityNFTConsumers 0 Saving Bookmark this article Bookmarked
Shopper & Customer The First 60 Seconds: How to Grab and Hold a Buyer’s Attention During a Pitch Iconic music begins with an opening that you can’t forget. The lyrics are emotional, engaging, and personal. It pulls the listener in, inviting them to go on a journey hand in hand with the artist. Similarly, from a young age, we learn that the opening sentence of a story or play is the “hook” that […] RangeMe January 10, 2023January 10, 2023 4 min read ShoppersDept. NonfoodTechnology & InnovationVendorsAmazon 0 Saving Bookmark this article Bookmarked
Channel: Grocery Wakefern seeking diverse private label suppliers KEASBEY, N.J. – Wakefern Food Corp. today announced its Own Brands Supplier Diversity Summit. The latest summit is an open call to diverse private label manufacturers to source exciting new and trending food and beverage products for potential addition to Wakefern’s award-winning Bowl & Basket and Wholesome Pantry store brands portfolio. Certified Diverse private label […] MMR January 10, 2023January 10, 2023 2 min read WakefernOwned Brands (Private Label)InclusivityDept. GroceryVendorsTechnology & InnovationConsumersDept. BeverageExecutivesDept. BabyDept. FreshMerchandisingNestlePartnershipsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Department & Category Specialty Food Association Partners with European Union for 2023 Winter Fancy Food Show NEW YORK, NY (January 9, 2023) The Specialty Food Association (SFA) announced today that European Union (EU) will be their partner for the 2023 Winter Fancy Food Show. The largest B2B specialty food event in the western United States, the Winter Fancy Food Show features thousands of specialty food and beverage products from around the […] Specialty Food Association January 9, 2023January 10, 2023 2 min read Dept. GroceryMarketing: SocialIndustry Conferences and EventsPartnershipsAssociatesDept. BeverageMeta (Facebook)PodcastsTwitterTechnology & InnovationSustainabilityInclusivityTikTokConsumersVendors 0 Saving Bookmark this article Bookmarked
Channel: Restaurants Get Ahead of Economic Downturns with Data Central The current state of the economy is proving tough for restaurant brands which are fraught with constant challenges that affect their daily operations. With stressors like extremely high inflation rates, a dwindled labor pool, supply chain woes, and frequently changing customer preferences and behaviors, restaurant brands are distracted by the factors they cannot control rather […] Partech January 8, 2023January 9, 2023 4 min read RestaurantsData & InsightsAssociatesOperations & Supply ChainDept. GroceryEconomySustainabilityPredictions and ForecastsShoppersTechnology & InnovationDept. NonfoodDeliveryConsumersDept. FreshDept. PerimeterGovernmentMarketing: In StoreResults & InvestmentCOVID19Vendors 0 Saving Bookmark this article Bookmarked
Channel: Grocery Hy-Vee to host Best of Local Brands Summit WEST DES MOINES, Iowa — Hy-Vee will host its next quarterly Best of Local Brands Summit in March to expand and enhance the product offerings at its more than 285 retail stores in Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, South Dakota and Wisconsin. Since the Best of Local Brands summits began in early 2021, more […] MMR January 5, 2023January 5, 2023 < 1 min read Hy-VeeVendorsDept. HBCDept. FreshInclusivityDept. DeliDept. Fresh PreparedDept. PerimeterDept. RefrigeratedHealth & WellnessPredictions and ForecastsDept. DairyBrick and Mortar 0 Saving Bookmark this article Bookmarked
International Department: Food Acquisitions, Divestitures & Mergers Corporate Finance International Trends & External Forces Mondelēz International Reports Q4 and FY 2022 Results Full Year Highlights Net revenues for the full year increased +9.7% driven by Organic Net Revenue1 growth of +12.3% with underlying Volume/Mix of +2.7%. For the fourth quarter, Net revenues increased +13.5% driven by Organic Net Revenue1 growth of +15.4% with underlying Volume/Mix of +1.6% Diluted EPS was $1.96, down 35.5%; Adjusted EPS1 was $2.95, up +11.9% on […] Written by Mondelez February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Technology & Innovation Technology & Innovation Trends & External Forces Associates & Employees Robots could surpass workers at Amazon by 2030, Cathie Wood says KEY POINTS “We are just at the dawn of the robotics age. And I would say artificial intelligence and battery technology are all a part of that movement as well,” Cathie Wood said. Amazon had more than 1.6 million workers at the end of 2021, according to its most recent annual report. Wood’s Ark Innovation […] Written by CNBC February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Department & Category ESG Partnerships & Alt Profit International Stores & Formats Aldi expands Too Good To Go partnership nationwide following successful trial Aldi is rolling out its partnership with the world’s largest surplus food platform, Too Good To Go, across all of its 990 UK stores. Following a successful trial last year, Aldi is now offering surplus food bags available nationwide, in a bid to tackle food waste while also offering even lower prices to customers. The […] Written by Talking Retail February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Shopper & Customer Channel: Ecommerce & Digital Channel: Grocery Department & Category Department: Nonfood Corporate Strategy Corporate Finance Media & Marketing Retailer Media Agencies & Vendors Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Retail Operations Stores & Formats dunnhumby’s Sixth Annual Retailer Preference Index (RPI) for U.S. GroceryTHE GROCERS BEST ‘BUILT TO LAST’ H-E-B, Costco Best Navigate The 2020 – 2022 Pandemic Grocery Market Upheaval, Bumping Amazon From Its Top Ranking Customers emerged from 2020 – 2022 placing more importance than ever on finding the right balance of savings and quality while placing less importance on saving time. Pandemic surge in retailer digital capabilities and consumer digital adoption […] Written by dunnhumby February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Data & Insights Department & Category Department: Food Data & Insights Shopper & Customer Trends & External Forces Associates & Employees Holiday & Events Charted: U.S. Egg Prices More Than Double in 2022 Charted: U.S. Egg Prices Double in 2022 Eggs are a staple food for many countries around the world, and the U.S. is no exception. Americans eat between 250‒280 eggs a year on average. Eggs are also easy to cook, protein-dense and supply many daily vitamins needed for healthy living, making them a popular meal or […] Written by Visual Capitalist February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked