1. Agencies & Vendors

Video Forum: Sally Lyons Wyatt, Circana, Part 1

Written by Posted on Less than 0 min read

Sally Lyons Wyatt, global executive vice president and chief advisor for consumer goods and foodservice insights at Circana, tells this week’s Video Forum about the state of American consumers in an inflationary environment. She also discusses changing shopping patterns, the robust performance of store brands, and how retailers and CPG companies are trying to drive sales.

The post Video Forum: Sally Lyons Wyatt, Circana, Part 1 appeared first on MMR: Mass Market Retailers.

View Original Article
Member since
Mass Market Retailers provides compelling news and insights from across the omnichannel retail spectrum. https://www.massmarketretailers.com
Do you like MMR's articles? Follow on social!

More from MMR

  1. Channel: Drug

Industry mourns passing of BMG founder Terry Berg

CARPENTERSVILLE, Ill. — Berg Marketing Group founder Terry L. Berg has passed away. He was 66. “Terry was a wealth of insight and experience, not to mention an excellent story teller and all around great business partner and friend,” BMG colleague Jason Carik wrote in posting the news on LinkedIn.  “Terry has built and maintained […]
2 min read
0
  1. Trends & External Forces

Walmart adding 22 health clinics

BENTONVILLE, Ark. — Wal­mart said it will open 22 Walmart Health clinics this year, including 18 in Texas. With the additions, Walmart will operate more than 70 physician-staffed health clinics in five states by year’s end. The company plans to introduce the clinics to a sixth market, Arizona, in 2025. “Walmart Health remains focused on […]
3 min read
0
  1. Department: HBC

Kentucky expands access to OTC medications with PSE

WASHINGTON, D.C.) – The Consumer Healthcare Products Association (CHPA) released the below statement today following the adoption of Kentucky House Bill 386 into law, legislation that will eliminate the state’s annual purchase limit for common over-the-counter (OTC) cold and allergy medications containing the ingredient pseudoephedrine (PSE), which is currently the most restrictive yearly limit nationwide at 24 […]
2 min read
0
  1. Channel: Ecommerce & Digital

Amazon tops expectations for revenue, earnings

SEATTLE – Amazon posted better-than-expected revenue and earnings in the quarter ended March 31. Net sales increased 13% from a year earlier to $143.3 billion. The company reported first-quarter net income of $10.4 billion, or 98 cents a diluted share, compared to $3.2 billion a year earlier. Amazon’s operating income surged to $15.3 billion, up […]
< 1 min read
0
  1. CPG & FMCG

Dove Men+Care launches Father’s Day campaign

ENGLEWOOD CLIFFS, N.J. — Dove Men+Care has released a film for their latest Father’s Day campaign, “Care Makes A Dad,” showcasing fatherhood in varying forms. New research commissioned by Dove Men+Care found that 70% of people have an impactful father figure in their life — in the shape of stepfathers, foster fathers, godfathers, brothers, coaches, […]
2 min read
0
  1. Channel: Mass

Walmart supports Arkansas community following storms

BENTONVILLE, Ark. — Walmart, in partnership with the Walmart Foundation, is taking steps to aid its hometown following severe storms and tornadoes that left many across Northwest Arkansas with damage to their homes and without electricity. Together they said they are making a commitment of up to $2 million to support immediate relief in the […]
2 min read
0
  1. Department: HBC

Kroger is selling its specialty pharmacy business

CINCINNATI—Kroger Co. has entered into a definitive agreement to sell its specialty pharmacy business to CarelonRx, a subsidiary of Elevance Health. “Kroger Specialty Pharmacy has been part of our company since 2012, and we want to thank our management team and associates for their enduring commitment to their patients,” Kroger Health president Colleen Lindholz said. […]
< 1 min read
0
  1. Trends & External Forces

Consumers ‘willing to spend’ even as growth slows

WASHINGTON – NRF chief economist Jack Kleinhenz says shoppers are still spending money in retail stores even as smaller wage gains and high interest rates slow consumer spending growth. “U.S. economic growth for the remainder of this year will depend on several factors but particularly the pace of job growth, inflation and what actions will […]
2 min read
0
  1. Channel: Mass

Kristen Wiig returns as ‘Target Lady’ in campaign

MINNEAPOLIS – Target has has enlisted actress Kristen Wiig to reprise her role as the iconic Target Lady in a national advertising campaign to support its Target Circle Week promotion. Scheduled for April 7-13, the promotion promises twice the amount of savings compared to its fall iteration, according to the retailer, which says that this […]
2 min read
0
  1. Trends & External Forces

Federal court recognizes CRN’s ‘standing’ to sue

WASHINGTON — The Council for Responsible Nutrition (CRN), the leading trade association for the dietary supplement and functional food industry, announced today that a federal judge in New York State’s age restriction law case ruled that the association has standing to sue on behalf of its members, allowing the case to move forward. A motion for […]
2 min read
0
  1. Data & Insights

Census Data: Retail sales moderated in April

WASHINGTON – Data released by the U.S. Census Bureau today shows retail sales moderated in April, National Retail Federation Chief Economist Jack Kleinhenz said. “Even though household income and job growth are compressing, the consumer spending picture remains positive,” Kleinhenz said. “The softer pace of spending is due in part to consumers being selective and […]
2 min read
0
  1. Shopper & Customer

Michaels lowers prices on thousands of items

IRVING, Texas — The arts & crafts specialty retailer Michaels has announced lower prices on over 5,000 items, offering its customers the opportunity to save on the products they buy most, the company said on Thursday. Lower prices are now in effect across such categories as home décor, art supplies, seasonal items, kids’ projects, wall […]
2 min read
0
  1. Channel: Mass

Walmart expands pilot HIV screening program

BENTONVILLE, Ark.– Walmart has expanded its HIV Point-of-Care Screenings to 18 Specialty Pharmacies of the Community (SPOCs) – located within Walmart Pharmacies – in Colorado and Virginia. These screenings are part of Walmart’s continued effort to make healthcare more accessible, affordable and convenient, following the HIV screening pilot at two Walmart pharmacies in Virginia last […]
2 min read
0
  1. Trends & External Forces

Moderate growth seen for retail sales this year

WASHINGTON — Retail sales this year will increase between 2.5% and 3.5% from 2023 levels, according to the latest forecast from the National Retail Federation (NRF), which foresees sales rising to between $5.23 trillion and $5.28 trillion. “The resiliency of consumers continues to power the American economy, and we are confident there will be moderate […]
3 min read
0
  1. Technology & Innovation

Innovation, engagement soar at NACDS Annual Meeting

PALM BEACH, Fla. – Sunday’s Business Program at the National Association of Chain Drug Stores (NACDS) Annual Meeting reflected NACDS’ commitment to innovation amid exponential change, through the strength of highly engaged retailer and supplier members and through effective and vibrant association leadership. Steven Anderson NACDS chair Mike Wysong, CEO of Care Pharmacies, and NACDS pPresident […]
4 min read
0
  1. Shopper & Customer

FMI: Consumers still enjoy food shopping despite inflation

ARLINGTON, Va. — Two years of rapid food inflation doesn’t appear to have dimmed consumers’ view of the grocery shopping experience, according to the latest annual report on shopping trends from FMI – The Food Industry Association (FMI), which finds that shoppers enjoy food shopping as much as ever. For more than four decades, FMI […]
3 min read
0
  1. Owned Brands (Private Label)

Store brands set new market share records

NEW YORK — Store brands reached all-time highs in both unit and dollar share during the first six months of 2024, compared to the same period a year ago, according to new Circana sales data provided exclusively to PLMA. Peggy Davies   Unit market share was 22.9% and dollar market share was 20.4%, as of June […]
2 min read
0
  1. Trends & External Forces

NACDS wins pivotal pharmacy reimbursement case in Texas

AMARILLO, Texas — A Texas court has ruled in favor of the National Association of Chain Drug Stores in its lawsuit against the state’s Health and Human Services Commission, which has far-reaching and precedent-setting implications for pharmacies. The Seventh Court of Appeals reversed a trial court’s ruling. The decision can be read at: https://www.nacds.org/pdfs/NACDSvTX-HHS-June2024.pdf Pursuant […]
2 min read
0
  1. Department: HBC

Boots managing director Sebastian James to depart

LONDON – Walgreens Boots Alliance confirms that the Managing Director of Boots, Sebastian James, has given notice to leave the company to pursue a new role in the healthcare sector.   Alongside Ornella Barra and the Boots senior leadership team, James has led the successful transformation of the Boots business into the UK’s leading health […]
2 min read
0
  1. Channel: Grocery

Industry mourns the passing of H-E-B’s Robert Morton

SAN ANTONIO — Robert Morton, an innovative leader who worked as the director of healthy living at H-E-B, suddenly passed away while attending the Expo West show.  He was 68 years old. The unwavering commitment that Morton had to advancing health and well-being had a profound impact on the lives of a great number of […]
< 1 min read
0
Next