What you need to know today—top news and stories in retail:
- Walmart uses image recognition
- Grocers keep winning with Private Brands
- Ferrero to buy Halo Top
- GameStop lays off more
- Gen Z and Brand Loyalty
- And more!
Walmart taps image recognition technology for new TrendGetter offering
Walmart has launched TrendGetter, a technology that uses image recognition to make it easier for customers to find deals on on-trend
How grocers can unlock more fans of private brands
While the current economic landscape is giving retailers a prime opportunity to entice shoppers to switch to their own brands, needs vary
Candy maker Ferrero to buy Halo Top owner, expanding North American business
Wells Enterprises was founded in 1913 and has grown to be the second-largest ice cream company in the U.S., trailing
Stitch Fix shifts to profit focus as sales, client base shrink
The apparel e-retailer’s customers, under financial pressure, are slowing their box orders and buying less from its Freestyle direct-buy site. View
GameStop lays off employees — again
Multiple LinkedIn posts from GameStop employees, including engineers, say they were let go by the company this week. View Original
Gen Z didn’t kill brand loyalty, but it looks different
The young age group is attracted to self-expression and individuality, but still cares about a purchase decision mainstay: price. View
A whirlwind tour of the new martech map, major martech trends for 2023, and how to manage it all in the year ahead
Yesterday, my brother-in-martech Frans Riemersma and I gave a tour de force presentation of the current martech landscape as it
