Grocery Stores
Once focused mainly on loss prevention, asset protection has taken on a broader range of potential threats and issues for grocers, with that shift accelerating during the pandemic, according to the Food Industry Association.In some cases, grocers’ asset protection teams are working more closely with operations teams to reduce shrink ...
Retail
While many small brands often start out in a direct-to-consumer model, getting into retail is, much of the time, the end goal and the big leap these companies intend to make. And when the doors to Walmart and Target swing open, it’s certainly an exciting opportunity. But that success can be ...
Brick and Mortar Retail
Despite a year in which convenience store sales hit record revenues, direct store operating expenses (DSOE) also skyrocketed — and continued to cause headaches.According to NACS, DSOE per c-store per month grew 15% between January and October of last year compared to the same timeframe during 2021, marking the third ...
Retail Media
Retail media's rapid growth has stemmed mainly from its strengths in terms of performance - but there's more to come, say experts from Deliveroo and Criteo. Hardly a week goes by without mention of a new retail media network springing into life. Retailers of all shades are working out how to ...
Retail
The long-running tussle over how people shop — online or in-store — has a new wrinkle. Coming out of the worst of the pandemic, stores got a new lease on life: shoppers freed of mask mandates bumped up traffic and retail landlords experienced the kind of swelling demand they had all ...
Brand Strategy
Retaining customers is an endless battle, but loyalty apps can make it easier.By signing up for loyalty programs, customers give companies permission to record some data and feed them offers and reminders. The arrangement is designed to help companies understand their customers better and hopefully keep them coming back. “We really ...
Retail Media
Globally, the ad dollars being committed to retail media already match the spend going into print. In the next three years we can expect it to rival TV, according to the IAB. The boom is coming, but agencies will only crown a few winners. Retail media is an umbrella term referring to the broad ...
Technology
When Jordan Fisher was looking for a way to reinvent an aspect of the physical world he felt was long overdue for change, his gaze quickly turned to the checkout lane.Fisher, a machine learning expert who is the founder and CEO of autonomous checkout firm Standard AI, believes traditional computer ...
Brick and Mortar Retail
There was a brief moment in the pandemic, while stores were shuttered and online commerce was soaring, when retailers started to wonder what kind of role the physical store still had to play. Three years on, and we can say definitively that stores remain absolutely key to the retail industry’s ...
Trends
This year, consumers fretted about economic uncertainty, leading to a slowdown in sales growth. In the second quarter, total retail sales growth dipped to under 1% year-over-year – a rate so low that, aside from Q2 of 2020, it has not been seen since 2009. With what dollars consumers have opted ...
Sustainable Fashion
With shoppers becoming increasingly mindful of their consumption choices, businesses are facing heightened scrutiny and pressure to meet new sustainability standards and adapt to evolving shopping habits. This is driving retailers to rethink their business models to make circularity part of their mindset and operations. So, how are retailers that ...
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