Channel: Grocery Wegmans to Close Stores (Briefly) for Solar Eclipse Viewing Wegmans doesn’t want its employees (or its customers for that matter) to miss what will be the last total solar eclipse visible from North America for 20 years. The supermarket retailer will close 48 stores in upstate New York and Pennsylvania that are located in the “path of totality” from 3 to 3:30 p.m. ET […] Retail TouchPoints March 26, 2024March 26, 2024 < 1 min read WegmansMars Inc.Regional GroceryBrick and MortarAssociatesWalmartMarketing: Social MediaWarby ParkerPricing & PromotionsPredictions and ForecastsDept. PharmacyDeliveryBOPIS 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree to Close 600 Family Dollar Stores by August, Another 400 as Leases Expire Dollar Tree Inc. will shutter approximately 600 Family Dollar stores in the first half of its 2024 fiscal year, which began Feb. 4, 2024. The discount retailer also plans to close an additional 370 Family Dollar stores and 30 Dollar Tree locations over the next several years as each store’s current lease expires. The retailer […] Retail TouchPoints March 13, 2024March 13, 2024 2 min read Brick and MortarDollar TreeFamily DollarPredictions and ForecastsRegional GroceryOperations & Supply ChainMarketing: Social MediaAldiExecutivesWarby ParkerTractor Supply CompanyMerchandising 0 Saving Bookmark this article Bookmarked
CPG: Food There Goes the Sun: Warby Parker Offers Free Glasses to Safely View Upcoming Solar Eclipse The Great North American Solar Eclipse on April 8 will be the last total solar eclipse (when the moon comes between us and the sun) that’s visible from the contiguous U.S. for the next 20 years. Warby Parker is trying to help more people view it safely by offering free ISO-certified solar eclipse glasses at […] Retail TouchPoints March 8, 2024March 8, 2024 < 1 min read Mars Inc.Warby ParkerPredictions and ForecastsPricing & PromotionsMarketing: Social MediaBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: D2C Warby Parker Boosts Revenue 12% in 2023, Plans 40 New Stores this Year In only its second full year as a public company, Warby Parker generated net revenue of $71.7 million in 2023, 12% higher than the $669.8 million generated in 2022. Additionally, the eyewear retailer increased average revenue per customer 9.3% in 2023, to $287, and boosted its number of active customers 2.5%, to 2.33 million. Warby […] Retail TouchPoints March 6, 2024March 6, 2024 < 1 min read Warby ParkerBrick and MortarShoppersPredictions and ForecastsMarketing: Social MediaHealth & WellnessOmnichannelExecutives 0 Saving Bookmark this article Bookmarked
Trends & External Forces Retailing in a Time of Mass Distraction with Andrea Dorigo, Adidas Head of Global Retail Our guest this week is Andrea Dorigo Head of Global Retail for Adidas. Andrea shares many strategic leadership lessons gleaned from his incredibly deep and diverse experience working across a spectrum of international brands. Now he leads a network of more than 2,000 stores for one of the world’s most iconic vertically integrated brands. We […] Remarkable Retail Podcast March 5, 2024March 5, 2024 2 min read PodcastsGovernmentMarketing: Social MediaPredictions and ForecastsDept. ApparelShoppersInternational - North AmericaDept. GroceryData & InsightsResults & InvestmentPartnershipsTechnology & InnovationInternationalIndustry Conferences and EventsBrick and MortarConsumersESG and CSRConsultingHoliday & EventsWarby ParkerBest BuyStart UpsStrategyLowesAmazon 0 Saving Bookmark this article Bookmarked
Stores & Formats Warby Parker eyes 40 new stores as it closes 2023 with revenue up 12% The vision brand, which operates 237 stores, still sees the opportunity for at least 900 locations, but wants its e-commerce business to return to growth. RetailDive February 28, 2024February 28, 2024 < 1 min read Brick and MortarWarby Parker 0 Saving Bookmark this article Bookmarked
Technology & Innovation Embracing Top Retail Tech Strategies for 2024 In the rapidly evolving retail landscape, 2024 is already proving to be a crucial year for retailers to improve customer acquisition and retention. Analysts report that global expenditures on digital transformation initiatives will reach $3.4 trillion by 2026, with software innovation being the driving force behind trends like immersive shopping experiences, redefining the in-store experience, […] Sean Richards February 21, 2024February 21, 2024 3 min read Technology & InnovationAIShoppersPredictions and ForecastsConsumersMarketing: In StoreAssociatesPartnershipsTrends: RetailDept. NonfoodRestaurantsCOVID19AcquisitionInternationalOperations & Supply ChainCustomer ExperienceTech: AR and VRStrategyMetaverseDept. ApparelHealth & WellnessWarby ParkerMarketing: Direct & PersonalizationUnileverTrends: ShoppingTech: CashierlessResults & InvestmentData & Insights 0 Saving Bookmark this article Bookmarked
Department: Nonfood The Difference Between Purpose And Value Proposition Brand “purpose” has been all the rage in recent years. The notion of brand purpose rests on the assumption that a brand, product, or company should stand for something more important than just the functional benefits it delivers. A purpose is the reason a product or company exists and what it stands for beyond the […] 0 Author Missing December 28, 2023December 28, 2023 5 min read Marketing: BrandStrategyShoppersSustainabilityUnileverConsumersTechnology & InnovationResults & InvestmentPricing & PromotionsAssociatesPredictions and ForecastsPartnershipsMondelezMarketing: In StoreExecutivesDept. NonfoodWalmartWarby Parker 0 Saving Bookmark this article Bookmarked
Channel: Delivery C-Store Chain Faces Resistance From Local Advocates In Chicago BlockCubChicago reports that attempts by upscale c-store chain Foxtrot to open a store in the city’s Andersonville neighborhood are facing resistance by locals, who argue that “saying another chain in the neighborhood would further harm local shops.” According to the story, “Besides the increasing presence of chains in Andersonville, Foxtrot’s move to open on Clark […] MorningNewsBeat December 12, 2023December 12, 2023 2 min read Q CommerceBrick and MortarWarby ParkerVendorsRestaurantsDept. FrozenDept. Adult BevDeliveryConsumersAssociates 0 Saving Bookmark this article Bookmarked
Stores & Formats Vuori opens store in Washington, DC’s Georgetown neighborhood [[“value”:”The activewear brand joins a number of other DTC brands — including Warby Parker, Allbirds and Everlane — in opening up stores in the area.”]] RetailDive November 16, 2023November 16, 2023 < 1 min read Warby ParkerDept. ApparelBrick and Mortar 0 Saving Bookmark this article Bookmarked
Technology & Innovation Cutting Through the Retail Technology Clutter with Brenda Witcher, VP & Principal Analyst, Forrester We welcome Brendan Witcher, Forrestor’s VP & Principal Analyst back to the pod to get his always insightful and provocative perspectives on retailer’s priorities for 2024. He helps us separate the real from the imagined with a preview of his upcoming report on where retailers are placing their bets for the future. We start with his […] Remarkable Retail Podcast November 14, 2023November 16, 2023 3 min read Technology & InnovationAIPodcastsMarketing: Social MediaPredictions and ForecastsResults & InvestmentConsumersRecommerceWalmartWarby ParkerMarketing: Direct & PersonalizationMarketing: BrandInternational - North AmericaExecutivesDept. NonfoodDept. GroceryBankruptcyConsultingData & InsightsTrends: TechEconomyESG and CSRAmazon 0 Saving Bookmark this article Bookmarked
Shopper & Customer Warby Parker opened 11 new stores in Q3, raises full-year guidance [[“value”:” This audio is auto-generated. Please let us know if you have feedback. Warby Parker’s third-quarter net revenue increased 14.2% year over year to $169.8 million, according to a company press release Wednesday. The direct-to-consumer vision company’s net loss improved about 27% to $17.4 million and gross margin decreased from 56.7% to 54.6%, driven in part by […] RetailDive November 8, 2023November 8, 2023 3 min read Warby ParkerBrick and MortarConsumersShoppersMarketing: TradeExecutivesStore LocationHoliday & EventsStrategyPress ReleaseMerchandisingHealth & WellnessDept. Nonfood 0 Saving Bookmark this article Bookmarked
Data & Insights Understanding eCommerce Business Models: A Guide The landscape of online retailing encompasses everything from drop-shipping and wholesaling to subscription and white-labeling, allowing entrepreneurs to choose the optimal business model to align with their brand’s vision and capabilities. Choosing the right eCommerce business model can significantly impact a brand’s success, and it requires a comprehensive understanding of each model’s nuances. Key factors […] Wiser Retail Strategies October 16, 2023October 16, 2023 6 min read Data & InsightsDept. NonfoodConsumersTechnology & InnovationShoppersAICompetitionOperations & Supply ChainTargetPredictions and ForecastsCustomer ExperienceStrategyMarketing: PrintMarketing: Loyalty & SubscriptionDeliveryMarketing: Direct & PersonalizationResults & InvestmentMarketing: UGCSustainabilityAcquisitionMarketing: In StoreblockchainWarby ParkerLegal & CriminalDept. FuelMarketing: TradeMarketing: Social MediaAmazon 0 Saving Bookmark this article Bookmarked
Start Ups From Warby Parker to On, here’s how disruptors are doing post-IPO [[“value”:”Some brands whose stock boomed thanks to pandemic-era trends are now trading at less than $5.”]] RetailDive October 4, 2023October 4, 2023 < 1 min read Warby ParkerStart UpsResults & InvestmentCOVID19 0 Saving Bookmark this article Bookmarked
Data & Insights 5 strategies to stand out during BFCM Black Friday and Cyber Monday (BFCM) has been a long-standing tradition in terms of holiday shopping. Consumers have evolved so much but this tradition seems timeless. Ever wondered how ‘Black Friday’ came into existence? Back in the 1980s, a large group of suburban tourists would often hit Philadelphia to do their shopping on the Friday […] Latest Shipment September 12, 2023September 12, 2023 5 min read Data & InsightsTechnology & InnovationAIDeliveryShoppersConsumersHoliday & EventsMarketing: Social MediaESG and CSRMarketing: TradeStrategyPricing & PromotionsWalmartMarketing: Direct & PersonalizationCustomer ExperienceSustainabilityInsight ProvidersAcquisitionShopifyCostcoTargetMarketing: Loyalty & SubscriptionOmnichannelConsultingWarby ParkerKraftHeinzTwitterTikTokThick DataStore Locationsocial commerce 0 Saving Bookmark this article Bookmarked
Stores & Formats Warby Parker on track to open 40 stores in 2023 as it finds continued value in brick and mortar [[“value”:”The DTC eyewear brand opened 13 stores during the second quarter at a time when some digitally native companies are pulling back on physical retail.”]] RetailDive August 11, 2023August 11, 2023 < 1 min read Brick and MortarWarby Parker 0 Saving Bookmark this article Bookmarked
Department: Beverage How Vintage Wine Estates is Uncorking New Opportunities in Alcohol Ecommerce The adult beverage industry has been slower than most to come online. The complicated patchwork of state laws governing the sale of alcoholic beverages has been one factor, but this particular industry’s digital revolution also has been delayed by its inherent structure. “The wine industry is a very old-school business, and it’s a distributor-driven business […] Retail TouchPoints June 26, 2023June 26, 2023 5 min read Dept. BeverageDept. Adult BevShoppersConsumersTechnology & InnovationDept. ApparelGovernmentInstacartDrizlyOmnichannelMerchandisingAlbertsons / SafewayAcquisitionDept. GroceryTargetMarketing: In StoreMarketing: BrandMarketing: BroadcastMarketing: UGCPricing & PromotionsPredictions and ForecastsBrick and MortarShopifyStrategyWalmartGeneral MillsDept. NonfoodCoca ColaDeliveryDept. Natural / OrganicWarby ParkerDept. HBCMetaverse 0 Saving Bookmark this article Bookmarked
Media & Marketing 5 Omnichannel Marketing Trends for DTC Brands Omnichannel marketing typically involves using a combination of digital and physical channels, such as websites, social media, email, SMS, mobile apps, in-store experiences, and customer service interactions. By leveraging data and technology, brands can track customer behavior across channels, and then use this information to create more personalized and relevant experiences. Omnichannel marketing can help […] Lanie Shalek June 5, 2023October 5, 2023 2 min read ShoppersOmnichannelTechnology & InnovationESG and CSRMarketing: Social MediaMarketing: Direct & PersonalizationBrick and MortarMarketing: VoiceMarketing: In StoreStrategyData & InsightsTrends: MarketingAcquisitionReturnsCustomer ExperienceMeta (Facebook)social commerceWarby ParkerMarketing: UGCAIAmazonBOPISConsumersTech: AR and VRDept. Natural / OrganicStore LocationInternational - North AmericaMarketing: Loyalty & SubscriptionRestaurantsPricing & PromotionsMetaverseGoogle 0 Saving Bookmark this article Bookmarked
Data & Insights Next-Gen DTC: 4 Tips for the New DTC Growth Journey It’s been more than a decade since the direct-to-consumer (DTC) business model forever changed the world of consumer brands. With an iconic cohort of industry disruptors, including Warby Parker, Casper, and Harry’s, the model paved the way for an explosion of businesses built upon direct and authentic relationships with their customers and, in some cases, […] Alex Song May 30, 2023July 11, 2023 4 min read AITechnology & InnovationData & InsightsAcquisitionShoppersConsumersCompetitionSustainabilityMerchandisingResults & InvestmentTargetCOVID19Dept. ApparelReturnsWarby ParkerESG and CSRDept. NonfoodMarketing: Social MediaTrends: RetailAmazonBrick and MortarMetaversePredictions and ForecastsExecutivesOperations & Supply ChainMarketing: In Store 0 Saving Bookmark this article Bookmarked
Technology & Innovation How Businesses Can Use Emerging Technology To Extract Value From Social Media While the COVID-19 pandemic did slow the economy down amidst a lot of problems, it also led to an e-commerce surge and accelerated digital transformation by 5 years. What was considered futuristic is now being experienced in the present and businesses who haven’t implemented them are considered outdated. This is because, with growing advancements, comes […] Latest Shipment May 30, 2023July 11, 2023 5 min read Technology & InnovationAIESG and CSRMarketing: Social MediaShoppersTech: AR and VRsocial commerceData & InsightsCompetitionMeta (Facebook)Marketing: Direct & PersonalizationCOVID19Dept. NonfoodPredictions and ForecastsDeliveryMetaverseCustomer ExperienceTargetEconomyDept. ApparelMarketing: MobileResults & InvestmentPartnershipsMarketing: Loyalty & SubscriptionOperations & Supply ChainTwitterWarby Parker 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Warby Parker and Allbirds show progress Warby Parker’s sales rose 12 percent year-over-year in the first quarter and the direct-to-consumer eyewear company cut its losses by $23 million to $11 million. Allbirds’s sales fell 13 percent, which was better than the 28 percent decline that was expected. RetailWire May 11, 2023May 11, 2023 < 1 min read Warby ParkerDept. ApparelConsumers 0 Saving Bookmark this article Bookmarked
Channel: D2C Warby Parker revenue up 12.2% in Q1 as it reins in marketing spend The direct-to-consumer eyewear company narrowed its net loss again and is focused on becoming a holistic eye care provider. RetailDive May 9, 2023May 9, 2023 < 1 min read Warby ParkerConsumers 0 Saving Bookmark this article Bookmarked
Shopper & Customer Is it Time for the Return of the Catalog? Retailers have always been at the forefront of consumer needs. They know their markets and have adapted to meet them. From blade signs to the metaverse, retail has transformed itself over and over. But like many things, trends can be cyclical. And what used to work, then didn’t work, can ultimately work better than before. […] Laura Barrett April 12, 2023April 12, 2023 4 min read Marketing: PrintConsumersShoppersBrick and MortarConsultingOmnichannelMetaverseDept. ApparelTechnology & InnovationOperations & Supply ChainFood DeliveryAmazonSustainabilityDept. NonfoodMerchandisingMarketing: Social MediaMarketing: Loyalty & SubscriptionTech: AR and VRResults & InvestmentMarketing: BroadcastESG and CSRTrends: TechHoliday & EventsMarketing: Direct & PersonalizationDeliveryCOVID19Warby ParkerDept. FreshDept. GroceryDept. PerimeterAcquisition 0 Saving Bookmark this article Bookmarked
Data & Insights How to get repeat customers in 2023? Is your business future ready? The e-commerce industry is continuously changing, so being up to date is crucial. In order to provide a seamless and engaging consumer experience across all touchpoints, including mobile commerce, beacon technology, and CTV advertising, the future of commerce must be fully omnichannel. Businesses must adopt a pipeline strategy, relying on […] Latest Shipment April 6, 2023July 11, 2023 5 min read Data & InsightsShoppersDeliveryConsumersSustainabilityAmazonOmnichannelPackagingESG and CSRTechnology & InnovationPricing & PromotionsGoogleStrategyDept. ApparelMarketing: In StoreHealth & WellnessMarketing: Social MediaOperations & Supply ChainPredictions and ForecastsWarby ParkerReturnsMarketing: VoiceTargetStreamingMetaverseMobile commerceMarketing: Direct & PersonalizationBrick and MortarTech: AR and VRTrends: RetailMarketing: Loyalty & SubscriptionAssociatesDept. PerimeterDept. NonfoodDept. FreshAI 0 Saving Bookmark this article Bookmarked
Technology & Innovation Meet the TRI Q&A: Andrew Neelon Get to know RETHINK Retail’s Top Retail Influencers through the “Meet the TRI” Q&A series! Dive in to learn about a member of the thought leader community and follow their work and insights across our content and their social channels. Hi, I’m Andrew Neelon, Founder & CEO, 1REC. Connect with me on LinkedIn! “Tell us […] Rethink Retail March 18, 2023July 11, 2023 8 min read Technology & InnovationAIResults & InvestmentConsumersMarketing: Social MediaData & InsightsBrick and MortarReturnsOperations & Supply ChainOmnichannelShoppersStrategyESG and CSRSustainabilityWalmartDept. ApparelAcquisitionAssociatesExecutivesPredictions and ForecastsVendorsConsultingEconomyWarby ParkerDept. HBCGovernmentPodcastsTrends: ConsumerDept. Dairy 0 Saving Bookmark this article Bookmarked
Trends & External Forces Warby Parker narrows Q4 net loss amid economic uncertainty The DTC eyewear brand saw revenue increase 10.2% year over year, and it plans to grow its physical footprint with 40 new stores in 2023. RetailDive February 28, 2023February 28, 2023 < 1 min read Warby ParkerEconomyBrick and Mortar 0 Saving Bookmark this article Bookmarked
Shopper & Customer Mobile Shopping Apps Are the Key to Winning Brand Loyalty In case you haven’t noticed, the retail industry has been transformed by digital technology, and more and more consumers are turning to mobile shopping apps to purchase products. However, it turns out that only 33 percent of retailers currently offer this capability, according to a recent assessment of the solutions and services of 300 brands. […] Phil Granof February 24, 2023July 11, 2023 3 min read Technology & InnovationAIShoppersConsumersMarketing: Loyalty & SubscriptionOmnichannelMarketing: Direct & PersonalizationData & InsightsPricing & PromotionsAcquisitionWalgreensMarketing: TradeTargetRestaurantsOperations & Supply ChainAmazonWarby ParkerExecutivesDeliveryBrick and MortarMarketing: In Store 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables What it takes to be a successful DTC brand in 2023 Direct-to-consumer darlings like Warby Parker and Allbirds helped pave the way for more brands to enter the space. But now, the playbook has changed. RetailDive February 15, 2023February 15, 2023 < 1 min read Warby ParkerDept. ApparelConsumers 0 Saving Bookmark this article Bookmarked
Channel: D2C Warby Parker narrows loss as it posts 8.3% revenue increase in Q3 The DTC brand also raised its 2022 outlook, expecting revenue to increase by up to 10.2% over last year. But growth is showing signs of slowing. RetailDive November 11, 2022November 11, 2022 < 1 min read Warby Parker 0 Saving Bookmark this article Bookmarked
Shopper & Customer The Path of Today’s CPG Brands The CPG (consumer-packaged goods) industry is on an exciting and transitionary path. Virtually everything about the category has changed over the last 15 years, from the way brands develop and bring products to market to how consumers learn about and purchase them. Obstacles that once protected legacy brands’ share of the market and prevented new […] Retail TouchPoints October 26, 2022October 27, 2022 4 min read ConsumersAcquisitionShoppersPredictions and ForecastsResults & InvestmentOmnichannelSustainabilityHealth & WellnessOperations & Supply ChainCompetitionMetaverseMarketing: Social MediaDept. BeverageESG and CSRConsultingTrends: ManufacturerTechnology & InnovationPhilanthropyPartnershipsStart UpsStrategyTargetBrick and MortarTikTokTrends: TechLegal & CriminalMarketing: Loyalty & SubscriptionBOPISGovernmentAssociatesAmazonData & InsightsDeliveryDept. ApparelDept. GroceryWarby Parker 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