Retail

Retail
Grocery Roundup: Inflation Falls, Grocers Butt Heads
April 15, 2021

The U.S. vaccination effort is well underway, with 37 percent of the population having received at least one dose, and businesses are starting to see consumer behaviors shift. When it comes to food spending, many consumers are beginning to return to restaurants for on-premises dining,...

Retail
Stimulus Checks Lift March Retail Sales By Almost 10 Pct
April 15, 2021

In a pushback to the adage that things rarely go as planned, the federal government’s third round of stimulus checks, which were issued last month to boost spending and the economy, worked exactly as lawmakers had hoped, lifting March retail sales by a much better-than-expected...

Retail
Soft Cold And Flu Season Drives $18.5 Million Loss For Rite Aid
April 15, 2021

The pandemic is a two-sided coin for the pharmacy and drug store category. Consumers needed more preventative health products, but they also took better care of themselves. Both added up to Rite Aid’s wider-than-expected fiscal fourth-quarter loss, as it struggled with an uncharacteristically “soft” cold...

Retail
Dollar Tree, Inc. Unveils New Media Network To Help CPG Brands Advertise
April 15, 2021

Dollar Tree, Inc. has debuted its Chesapeake Media Group retail media network, which the retailer describes as a platform for brands to engage with shoppers through a tailored and very targeted digital experience, according a Thursday (April 15) announcement. Get the Full Story Complete the...

Retail
Mary Kay Unveils ‘Suite 13’ Digital Beauty Experience
April 15, 2021

Mary Kay Inc. and its Mary Kay Global Design Studio have revealed a digital beauty experience called Suite 13, which harnesses virtual reality technology to digitize Mary Kay’s inaugural digital pop-up showroom, according to a Thursday (April 15) announcement. Get the Full Story Complete the form...

Retail
Blackhawk Network Wants Supermarkets To Take A Chance On Lottery
April 15, 2021

Consumers clearly like playing the lottery — they purchase roughly $60 billion worth of scratch-off tickets a year. You have to be in it to win it, as the expression goes, and American consumers are mostly certainly in it. Get the Full Story Complete the...

Retail
Kroger Opens First Ocado-Powered Fulfillment Center
April 14, 2021

Kroger is debuting a customer fulfillment center (CFC), which will combine “vertical integration, machine learning and robotics with affordable, friendly and fast delivery service for fresh food,” according to a press release. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Spurred By Pandemic, Restaurants Leverage Their Brands To Sell Packaged Goods
April 14, 2021

“There has to be something special about a restaurant in order for it to be successful in the CPG [consumer-packaged goods] space, whether it’s an accredited chef, the history and legacy, reputation for quality food, et cetera,” Eric Skae, CEO of Carbone Fine Food, told...

Retail
As Bed Bath & Beyond’s 3-Year Transformation Plan Progresses, Investors Get Antsy
April 14, 2021

By most measures it has been an extraordinary year for Bed Bath & Beyond, as the operator of more than 1,000 stores and a half dozen branded websites scrambled early on to adapt to COVID stores closures, then hustled to adapt to changing consumer habits...