1. Media & Marketing

Year in review: Supermarket ‘food halls’ continue to expand

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Multiple in-store restaurant concepts meet demands of today’s consumers
 

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  1. Corporate Strategy

Chico’s FAS Sold to Private Equity Firm, CEO Molly Langenstein to Depart

Chico’s FAS Inc. shareholders approved the sale of the fashion company for $1 billion cash to New York-based private equity firm Sycamore Partners, reports News-Press. New owner Sycamore Partners has moved Chico’s brands — Chico’s, White House Black Market, and Soma — into KnitWell, a holding company formed last year. KnitWell also includes Ann Taylor, […]
2 min read
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  1. Channel: Grocery

Kroger, Albertsons merger is delayed

Grocers say deal will not happen in early 2024; Washington State AG issues statement on lawsuit to block merger   View Original Article Albertsons / Safeway Kroger Legal & Criminal Mergers Predictions and Forecasts Regional Grocery 0 Author Missing Member since March 11, 2021 Loading + Follow Following
< 1 min read
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  1. Shopper & Customer

Report: Consumers Dissatisfied With Retail Experiences

Consumers are generally dissatisfied with their retail experiences, at least according to a global study from the IBM Institute for Business Value called “Revolutionize retail with AI everywhere: Customers won’t wait.” The report points out that only 9 percent of consumers said they were content with their in-store shopping experiences and 14 percent content with […]
2 min read
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  1. Data & Insights

3 Ways AI Can Benefit Retailers in 2024

The National Retail Federation forecasted 2023 holiday sales to grow between 3 percent and 4 percent. And while sales growth has slowed due to the pandemic, economic uncertainty, and other factors, retailers must still compete — if not compete even harder — for consumers’ eyeballs and wallets. The smartest retailers will leverage advanced technologies like […]
2 min read
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  1. Technology & Innovation

Aldi tests checkout-free tech at Illinois store

It’s the only known store the Batavia, Ill.-based grocer has in operation that features the technology, branded “Aldi Go”   View Original Article Aldi Technology & Innovation Tech: Cashierless Regional Grocery 0 Author Missing Member since March 11, 2021 Loading + Follow Following
< 1 min read
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  1. Shopper & Customer

How Can Retailers Adapt to Ever-Evolving Customer Expectations?

Personalized commerce experiences have long been the holy grail for retail and consumer packaged goods (CPGs) companies. As consumers now expect to interact and purchase from companies via an array of touchpoints, it’s now more important than ever for brands to provide a seamless and cohesive omnichannel digital experience, no matter how customers start or […]
3 min read
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  1. Trends & External Forces

Revolutionizing Retail: Forecasting 2024’s E-Commerce Landscape

In 2023, e-commerce witnessed unprecedented growth. Accelerated by evolving consumer habits and new tech, online sales surged across industries. The latest in social media integration, artificial intelligence-driven personalization, and seamless omnichannel experiences reshaped digital marketplaces. Furthermore, retailers embraced post-purchase engagement, recognizing its value in nurturing brand loyalty. With convenience and tailored experiences at the forefront, […]
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  1. Technology & Innovation

Navigating the Evolving Post-Purchase Journey in the Growing E-Commerce Landscape

The convenience of browsing products from anywhere, coupled with the ease of doorstep delivery, has caused a surge in online shopping. In fact, a recent report released by UPS Capital Insurance Agency, Inc. found that almost all surveyed small and midsized merchants (99 percent) claimed an increase in their shipping volume over the past two […]
3 min read
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  1. 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 […]
5 min read
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  1. Shopper & Customer

A Journey From Shameless Consumer to Conscious Consumer … and Maybe Even Eco-Warrior

Whether we all realize it or not, there has been a shift in the force. We’re changing our stripes as a consumer-based society. Where once choice was primarily driven only by factors like quality, price, brand affinity, and even endorsement, now other, larger existential factors are impacting how we make purchase decisions — namely, how […]
4 min read
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  1. Data & Insights

Thriving in a Year of Uncertainty: A Discussion of Findings from The CMO Survey

In this webinar, Professor Christine Moorman, Founder of The CMO Survey and Suzanne Kounkel, Chief Marketing Officer of Deloitte discussed findings from the latest editions of the survey to offer marketing leaders insights on the opportunity to take a leadership position at this pivotal post-pandemic moment. Topics included managing digital marketing returns, marketing and DEI, […]
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  1. Technology & Innovation

Beyond AI: Emerging Technologies That Are Reshaping Retail

In today’s dynamic world of retail, the spotlight remains on artificial intelligence (AI) — and for good reason. AI is undoubtedly transformative, reshaping the future of retail. In addition to AI, other technologies are also making significant strides. Radio-frequency identification (RFID), replacing barcodes, revolutionizes supply chain and inventory management. Video analytics leverages computer vision to […]
3 min read
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  1. Data & Insights

How ThriftBooks is Using AI to Scale its Business

While at NRF 2024: Retail’s Big Show in New York City last week, Editor-in-Chief Joe Keenan interviewed Barbara Hagen, vice president of sales and marketing at ThriftBooks, an independent online used book seller, to discuss the company’s use of artificial intelligence. Hagen provides a brief overview of the company and discusses its growth over its […]
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  1. Shopper & Customer

The Power of Back-in-Stock Email Marketing

For e-commerce brands, it’s not the year of the dragon, it’s the year of the back-in-stock message. Automated back-in-stock message sends have been on a multiyear rise. In 2023, brands sent 4x as many as the year before, generating 3x the number of orders than the year before. Back-in-stock messages perform exceptionally well compared to […]
3 min read
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  1. Stores & Formats

Kohl’s to Add Babies R Us Shop-in-Shops to 200 Stores

Kohl’s said Tuesday that it’s teaming up with the owner of Babies R Us to bring baby gear, furniture and more to approximately 200 of its stores across the country, reports CNBC. The department store chain struck a licensing deal with WHP Global, a brand management firm with a portfolio that includes Bonobos, Joe’s Jeans, […]
2 min read
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  1. Technology & Innovation

Tractor Supply Co. Uses AI to Deliver Interconnected Experiences

While at NRF 2024: Retail’s Big Show in New York City, Editor-in-Chief Joe Keenan spoke with Glenn Allison, vice president of IT applications development at Tractor Supply Company, and Shash Anand, senior vice president of product strategy at SOTI, an industry leader in simplifying business mobility solutions. Allison and Anand discuss the use of artificial […]
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  1. Technology & Innovation

What is the newest retail technology?

​ By Jennifer Richards, freelance writer. The retail landscape is rapidly evolving, and technology is the driving force behind this transformation. As an expert in retail technology, I’ve observed several groundbreaking trends set to redefine the shopping experience in 2024 and beyond. Here’s a look at the most prominent ones: View Original Article Predictions and […]
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  1. Data & Insights

How Analytics Empower Retail Fleets to Confront Operational Expenses

While inflation has been kept in check for much of the broader economy over the last few months and diesel prices have declined, the cost of diesel fuel may have negative ripple effects across the economy, particularly for retail fleets. Demand for domestic transportation of goods is expected to increase in the coming months as […]
4 min read
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  1. Channel: Grocery

Kroger named most-visited grocery store in 2023

Placer.ai 2023 recap notes H-E-B, Meijer, Food Lion, and ShopRite also ranked high on foot traffic last year   View Original Article Kroger Meijer Wakefern AI Dept. Grocery Store Location Technology & Innovation Ahold Delhaize Regional Grocery HEB 0 Author Missing Member since March 11, 2021 Loading + Follow Following
< 1 min read
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