Digital shelf tags can revolutionize category management
and drive long-term loyalty. One innovation poised to revolutionize category management strategies is digital shelf tags. Replacing traditional paper tags, electronic
MMR
How retailers can stay away from pitfalls in the AI gold rush
Artificial Intelligence, you may have heard, is kind of a big deal, as much in retail as elsewhere. In fact, AI was a big deal in retail before the current gold rush kicked off by the splash success of ChatGPT and other generative AI technologies, though you wouldn’t know it from the media coverage.
Sephora, Dove top CPG 2024’s Most Innovative Brands List
NEW YORK – CPG brands outpaced technology nearly 2:1 in the 2024 Most Innovative Brands survey conducted by Brand Keys Inc. (www.brandkeys.com), the New York-based brand loyalty and engagement research firm.
NRF unveils 2024 Top 50 Global Retailers
WASHINGTON – The National Retail Federation today announced the 2024 Top 50 Global Retailers. Conducted by Kantar, the 2024 list ranks international retailers, based on their operational performance as of the beginning of 2023.
McKesson launches Project Oasis
IRVING, Texas – McKesson Corp. announced the launch of Project Oasis, a new initiative aimed at advancing health equity for at-risk populations in underserved communities.
Walmart Health to expand to 70 clinics by end of 2024
Walmart will open its first health clinic in Texas next month on the way to 70 across the U.S. by the end of the year according to an article in Forbes. Walmart, which has 48 Walmart Health centers in five states, said in the article it will add 22 new locations in 2024,
WBA beats estimates for Q2 sales and profits
Walgreens Boots Alliance Inc. topped analysts’ forecasts for second quarter revenue and adjusted earnings. WBA posted adjusted earnings per share of $1.20, well above Wall Street’s predicted 82 cents. Sales of $37.05 billion exceeded the estimated $36.22 billion. The company posted a net loss of $5.
U.S. News reveals the 2024 Best OTC Medicine & Health Products
WASHINGTON – U.S. News & World Report, the global authority in health care rankings and consumer advice, today published the second annual Best OTC Medicine & Health Products.
LexisNexis Risk Solutions releases new fraud study
LexisNexis Risk Solutions has revealed the findings of the fourteenth edition of its annual LexisNexis True Cost of Fraud Study: Ecommerce and Retail Report – U.S. and Canada Edition. The report, based on a commissioned survey conducted by Forrester Consulting, shows that merchants in the U.S.
First Quality promotes Allen Bodford
First Quality announced it has named Allen Bodford as president of its Absorbent Hygiene division, effective immediately. The division produces adult incontinence products, baby diapers, training and youth pants, period pads and baby wipes for health care and retail channels.
Food Lion hits sustainability milestone
For the 23rd consecutive year, Food Lion has earned the ENERGY STAR Partner of the Year Award from the U.S. Environmental Protection Agency and the U.S. Department of Energy. The omnichannel grocery retailer is the only company in the nation to receive the distinctive honor for 23 years. The U.S.
Hy-Vee hires former Saatchi & Saatchi X chief
Hy-Vee, Inc. announced the hiring of Jessica Hendrix to oversee the regional grocery chain’s marketing and retail media network. Hendrix is joining Hy-Vee as executive vice president, chief marketing officer, and president of Hy-Vee’s retail media network, RedMedia, beginning on April 16.
Merchants group criticizes proposed ‘swipe’ fee settlement
WASHINGTON – A proposed agreement that would reduce “swipe” fees that retailers pay each time a shopper pays with a Visa or Mastercard is “a bad deal for merchants,” according to the Merchants Payments Coalition (MPC), a lobbying group advocating for a more competitive and transparent card system.
Amazon expands same-day delivery of prescription meds
Amazon Pharmacy has rolled out same-day delivery of prescription medication in New York City and the greater L.A. area, with plans to expand the service to more than a dozen U.S. cities by the end of the year.
NIQ data now available to RangeMe subscribers
SOLON, Ohio and CHICAGO – RangeMe Premium and Pro subscribers now have free access to category-level insights from NIQ’s Extended All-Outlet Combined (xAOC) multichannel market data through a new offering aimed at leveling the playing field for emerging brands.
Circana: Consumers settle into new spending patterns
U.S. retail sales revenue in February remained flat in the discretionary general merchandise and consumer packaged goods categories and units declined 1% compared to the same month last year, according to. Circana.