by - June 8, 2023 8:06 am
Theft continues to plague retailers, and while not a new problem, it is a persistent bottom-line threat. The retail industry is poised to lose $100 billion this year due to…
by - June 4, 2023 10:33 am
Generative artificial intelligence (AI) platforms like ChatGPT are the latest sought-after technology among retailers and the supply chain. While conversation technology has been around for several years, it has recently…
by - May 30, 2023 2:46 pm
Walmart Inc. has announced plans to expand electronic shelf pricing technology in the next 18 months to 500 more stores for 60 million shelf labels through a partnership with Vusion….
by - May 20, 2023 10:20 am
In the hyper-competitive retail world, the rise of media network platforms such as Walmart Connect or Target’s Roundel continues to grow amid ever-changing consumer expectations. Researchers at the Sam M….
by - May 13, 2023 10:38 am
The National Retail Federation said the rise of resale continues to be a significant focus, with more retailers entering the growing market at the urging of consumers. Morningstar estimates the…
by - May 6, 2023 11:33 am
There is a widening gap between consumer perceptions and reported inflationary food prices by the U.S. Bureau of Labor Statistics, according to a survey report from PYMNTS.com conducted in late…
by - April 29, 2023 9:59 am
The pet business is a competitive one. And the $65 billion pet services market is drawing the attention of more non-pet retailers as a way to increase revenue streams as…
by - April 22, 2023 9:54 am
Retailers, large and small, are questioning whether this year will be a replay of pre-pandemic norms. The National Retail Federation (NRF) recently issued its annual forecast of U.S. retail sales…
by - April 11, 2023 3:00 pm
The future for social media platform TikTok may be cloudy, but that has not kept Walmart and Amazon from seeking to grow their brands via influencers and content creators on…
by - April 2, 2023 9:23 am
While the U.S. economy remains relatively strong, the retail sector is a mixed bag with a tight workforce despite the 50,100 retail jobs added in February against a growing number…
by - March 25, 2023 10:22 am
The consumer packaged goods and beverage industries are highly competitive. They continually try to retain or expand their retail distribution points as private label and niche brands are popular among…
by - March 15, 2023 12:53 pm
The once-thought-dead mall and brick-and-mortar retailers may see a rebound in traffic this year, but retail insiders say the gap between the winners and losers will also likely widen. Carol…
by - March 12, 2023 10:08 am
Major retailers have long used private labels to create unique brands, with the average industry share penetration for such brands at 18.2% at the end of 2022, according to Food…
by - March 5, 2023 10:27 am
The Conference Board reported in November that record inflation in energy and food categories was shifting consumer preference toward less pricey alternatives and away from more expensive sustainable products. “Even…
by - February 26, 2023 10:05 am
Walmart’s sister company Sam’s Club again finds itself battling the big dog with the recent launch of Walmart Business, an e-commerce site geared to serve large- and small-business customers. When…
by - February 18, 2023 9:44 am
Retailers seem to agree that one sector that’s ripe for disruption is healthcare. Multiple companies are making moves to fill the gaps they see by investing in providing health and…
by - February 13, 2023 1:37 pm
A November Deloitte survey found that 70% of consumer food and product manufacturers (CPG) indicated the sector expects this year to be more stressful than in the past five years….
by - February 4, 2023 10:25 am
While inflationary fear and slowing consumer spending are among the top external worries among retailers, the No. 1 internal concern is the ongoing workforce shortage, and the difficulty retailers are…
by - January 26, 2023 4:27 pm
The retail sector was stable in 2022 after 9,300 retail store closures in 2019 before the pandemic and another 1,800 closures reported through mid-2021. But UBS analysts predict store closures…
by - January 21, 2023 10:46 am
Besides being the nation’s largest retailer, Walmart is slowly becoming a technology company. The Bentonville-based retail titan spent big on technology innovations last year in hopes of adding additional revenue…
