Wakefern

  1. Channel: Grocery

Register for NACDS’ 90th anniversary celebration

NEW YORK — Time is running out to register for NACDS’ 90th anniversary celebration. Chain Drug Review, Drug Store News, The Emerson Group and MMR have joined forces to celebrate the contributions of the National Association of Chain Drug Stores and community pharmacy retailers. Registration is open for this special event, which will be held […]
4 min read
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  1. Technology & Innovation

Worth Reading:  “Self-Checkout Is a Failed Experiment”

The Atlantic has a piece suggesting that “all is not rosy in the world of self-checkout, and some companies seem to realize it. Walmart has removed the kiosks entirely from a handful of stores, and is redesigning others to involve more employee help. Costco is stationing more staffers in its self-checkout areas. ShopRite is adding […]
2 min read
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  1. Channel: Mass

Grocers, brands lean hard into the benefits of free samples

    [[“value”:” With the potency of targeted online ads fading, more grocery retailers are back to pulling out free samples for shoppers, according to reporting from Bloomberg News. In August, Walmart rolled out a new retail media strategy that also leans into weekend-only demo stations where brands can show off their products in person. […]
< 1 min read
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  1. Technology & Innovation

AI among the hot topics at this year’s Industry Day

AMBLER, Pa. — Two short spans of time — one just over 7 seconds and the other just under 15 minutes — were among the many talking points at The Emerson Group’s 2023 Industry Day last week. The day-long event brought together retailers and suppliers, brand innovators and other thought leaders to discuss the future […]
8 min read
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  1. Technology & Innovation

Your Views:  “The Dirty Corners of Retail Practices”

On the subject of the Amazon-FTC legal battle, one MNB reader wrote: If I was the retail industry and individual grocers, I would be watching this closely.  On the surface, this looks like the FTC is taking its flashlight into Amazon’s dingy basement and shining a light into the dirty corners of retail practices.  But […]
11 min read
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  1. Channel: Grocery

Village Super Market posts Q4 sales, profit growth

    [[“value”:” Village Super Market on Wednesday said same-store sales were up 3.2% for the fiscal fourth quarter and 3.5% for the full fiscal year, driven mostly by inflation. The sales gains helped fuel profit growth in the fourth quarter and year, which ended July 29. Quarterly net income rose 21%, to $15.3 million, […]
2 min read
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  1. Channel: Grocery

Regional Grocery Chains Show Strong Growth

Placer.ai, the location intelligence firm, is out with a new study this week that it says “have seen consistent growth in H1 2023 and are well-positioned to continue their strong performance in H2 and beyond.” They include: •  Stater Bros. Markets:  “Overall monthly visits to the chain grew in 2023 relative to 2022 despite the […]
2 min read
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  1. Shopper & Customer

Study eyes grocers’ long-term future

CHICAGO — Amazon, Aldi, Costco Wholesale Corp. and Wal­mart are among the U.S. food retailers best positioned for success in 2053, according to a report from dunnhumby. “Grocery 2053: A Data-Driven Gaze into the Future” is the data science firm’s examination of trends that will have the biggest potential impact on grocery retailers over the […]
2 min read
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  1. Shopper & Customer

Study: Fiscal Concerns Dominate Shopper Mindset; Discounters Best Positioned For Future

Customer data science company dunnhumby is out this morning with a new study “examining what trends will have the biggest potential impact on grocery retailers over the next three decades,” and identifying a growing personal fiscal conservatism as a prime driver of shopper behavior. dunnhumby identifies, in order, Lidl, Food 4 Less, Aldi, Costco, Fry’s, […]
3 min read
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  1. Shopper & Customer

Amazon, Walmart among grocers best-positioned for 2053

CHICAGO – Amazon, Aldi, Costco Wholesale Club, and Walmart are among U.S. grocery retailers best positioned for success in 2053, according to a report out today from dunnhumby. “Grocery 2053: A Data-Driven Gaze into the Future” is the data science firm’s examination of trends that will have the biggest potential impact on grocery retailers over […]
3 min read
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  1. Trends & External Forces

Your Views:  Filling The Gaps

I mentioned this on FaceTime this morning – two emails that decried the cuts in SNAP payments that will take place as the pandemic comes to an end, affecting both the people who use food stamps and the stores that serve them. MNB reader Robert Pulda wrote: Kevin, It is a disgrace this this wealthy […]
4 min read
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  1. Channel: Grocery

FMI Announced 2023 Store Manager Award Finalists

FMI-The Food Industry Association has announced the 12 finalists for the 2023 Store Manager Awards, culled from a record 175 nominations. FMI says that “these outstanding store managers stood out from the crowd for their ability to generate sales growth; effectively communicate company and store goals and objectives; demonstrate team leadership in their store/company; provide […]
< 1 min read
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  1. Media & Marketing

FMI picks 12 store manager award finalists

ARLINGTON, Va. — FMI—The Food Industry Association on Wednesday announced 12 finalists for its 2023 Store Manager Awards. From a record 175 nominations, these outstanding store managers stood out from the crowd for their ability to generate sales growth; effectively communicate company and store goals and objectives; demonstrate team leadership in their store/company; provide exceptional […]
2 min read
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  1. Channel: Grocery

A Stop & Shop To Close, Apparently Falling Victim To Wegmans

The Connecticut Post reports on the closing of a Stop & Shop store in Greenwich, Connecticut, linking it to the opening a couple of years ago of a Wegmans in Harrison, New York, an “an easy drive for many in Greenwich.” A spokesman for the Ahold Delhaize-owned chain confirmed the closing, saying that it was […]
2 min read
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  1. Channel: Grocery

Mike Stigers, Cub Foods CEO, Named New President of Wakefern

Wakefern Food Corp. the nation’s largest retailer-owned cooperative, said yesterday that Mike Stigers – since 2019 the CEO of UNFI-owned Cub Foods – has been named the company’s new president. Stigers will take on the role effective June 1.  Joe Sheridan, who announced his retirement as Wakefern president last year, will remain with the company […]
< 1 min read
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  1. Channel: Grocery

Wakefern names industry veteran Mike Stigers president

KEASBEY, N.J. – Wakefern Food Corp., the nation’s largest retailer-owned cooperative with member companies that own and operate supermarkets under the ShopRite, Price Rite Marketplace, The Fresh Grocer, Gourmet Garage and Fairway Market banners, announced that Mike Stigers will assume the role of president, effective June 1. Following an extensive national search, Mike Stigers will […]
3 min read
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  1. Shopper & Customer

ShopRite Grocerant Niche Focus ‘Fresh to Table’

  At the intersection of what’s for dinner and fast food recently two east coast Shoprite’s have debuted a foodservice at retail concept: “Fresh to Table,” with an emphasis on fresh, easy to prepare ingredients, and grab-and-go. Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®reiterated once again on the importance of “focusing on […]
2 min read
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  1. Channel: Mass
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  3. Department: Consumer Durables
  4. Department: Nonfood
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Target’s April 2024 Circle Sale was its largest by sales lift

Track General Merchandise spending free Access chart in Dash. Target’s April Circle Sale generated 7% more sales than the weekly average in the previous 4 weeks according to Earnest credit card data. This represents a 2 point acceleration in the Circle Sale’s contribution to Target’s topline compared to Target’s October sale. Target Circle is a […]
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  1. Department: Consumer Durables
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  4. Shopper & Customer
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  6. Stores & Formats

TikTok Shop customers spend more at lower ticket apparel retailers

Download full TikTok Shop report Access TikTok and Panel data in Dash. TikTok Shop customers spent 26% of their apparel wallet on Off-Price Department Stores and 11% on Fast Fashion in the 12-months ended February 2024, compared to 24% and 7% for the average shopper. Conversely, TikTok Shop users spent less than their peers at […]
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  9. Associates & Employees

Where Does One U.S. Tax Dollar Go?

See this visualization first on the Voronoi app. Where Does One U.S. Tax Dollar Go? This was originally posted on our Voronoi app. Download the app for free on Apple or Android and discover incredible data-driven charts from a variety of trusted sources. Come tax season, a common refrain is: “what do my taxes even […]
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