蘑菇AV

Restaurant prices continue to rise faster than grocery prices. The most recent Consumer Price Index (CPI) data shows that the cost of 鈥渇ood away from home鈥� is still rising faster than the cost of 鈥渇ood at home.鈥�. Prices are likely to keep rising in 2024. More than 61% of US restaurant operators said they will raise menu prices in 2024, per Restaurant365.

And so now instead of talking about replicating the in-store experience online, we're talking about replicating the online experience in a mall. But I could see the draw there. Emmy Liederman (12:52):. Definitely. To add to that, I think the buying something online and picking it up in store is a combination of an e-commerce and an in-person activation.

This helps deliver the frictionless experience consumers want: It鈥檚 their top priority worldwide when it comes to innovations online and in physical stores, per a Q2 2023 Klarna survey. And with the help of genAI, Shopping Muse can suggest payment options based on consumer preferences or historical choices, maximizing earned rewards.

Trump risks trade war with planned 25% tariffs on imports from Mexico and Canada: Besides triggering retaliatory policies, the move would also lead to higher grocery, energy, and auto prices.

On today's episode, we discuss the significance of GPT-4, calls for a pause on AI development, and what to make of ChatGPT being banned in Italy. "In Other News," we talk about whether 3D "holoportation" will catch on and why brands might need a digital avatar outside of the metaverse. Tune in to the discussion with our analysts Jacob Bourne and Gadjo Sevilla.

Since bringing its retail media capabilities in-house, grocery giant Kroger continues to develop its self-service strategy for advertisers, Cara Pratt, SVP, Kroger Precision Marketing at 84.51掳, recently told 蘑菇AV.

There鈥檚 an increasing number of online marketplaces dedicated to secondhand luxury retail (including The RealReal and Depop), but brands like Balenciaga and Rolex are getting in the game too. Traditional secondhand retailers are also taking advantage of growing resale adoption, moving their services online to reach even more consumers.

On today's podcast episode, we discuss what the hell happened鈥攁nd is happening鈥攖o online ads, whether the video streaming boom is officially over, the next big wearable category, what happens when the First Amendment collides with social media, what the world would look like if there were only 100 people, and more. Tune in to the discussion with our forecasting writer Ethan Cramer-Flood and analysts Ross Benes and Blake Droesch.

And that鈥檚 just on-site; telehealth offerings can bridge the gap between the physical and digital worlds, furthering retail鈥檚 role in consumers鈥� lives. Let鈥檚 take inventory of the latest moves in the retail healthcare space. The usual suspects: CVS, Walgreens, and Rite Aid have all made recent investments in their healthcare offerings.

Due to inflation, 75% of Generation Z has reduced spending by focusing on cooking at home, spending less on clothes, and buying only essential groceries鈥攊ndicating a desire to save, or at least slow down their debt accumulation. Gen Z鈥檚 vision for banking: And inflation isn鈥檛 the only factor influencing Gen Z鈥檚 financial decisions.

That鈥檚 largely due to the types of items people bought as over half of Walmart+ shoppers bought groceries during the event鈥攁bout two times more than the share of Prime shoppers who did so. The big takeaway: Walmart is still in its 鈥渂eginning stages鈥� of building out Walmart+, said CFO John Rainey during the Evercore ISI Consumer & Retail Conference in June.

Consumers have been flocking to the retailer because of its low grocery prices, and with additional deals on other categories, its Walmart+ Week is likely to see plenty of traffic. Target鈥檚 foot traffic growth has been more muted than Best Buy and Walmart, but Target鈥檚 Circle Week could be a great way to lure consumers in-store with deals and discounts.

They've ridden cheap groceries to build a lot of connections with higher income consumers who are now in the Walmart ecosystem. They're thinking about Walmart, maybe they bought a Walmart+ membership, and they are going to benefit from that this holiday season. And they also have really low prices.

Discover the dynamic shift toward digital wallets in the US and the UK in the latest podcast episode of "Behind the Numbers: The Banking & Payments Show." Delve into the compelling discourse on how younger generations' move to digital is rendering traditional wallets obsolete. Join host Rob Rubin, our US-based analyst Tyler Van Dyke, and UK-based analyst Carina Perkins as they unravel trends in digital transactions for dining, shopping, and ID verification. In the "For Argument's Sake" section, we dissect the fierce competition for market dominance among industry giants like Apple and Google, established players like PayPal, rising star Paze, and potential disruptors. Tune in for a forward-looking conversation and hit subscribe for the latest insights. Key insights: - Youth-led shift: Analysis reveals a robust trend among younger consumers pivoting to digital wallets for everyday activities, indicating a cultural and technological shift. - Market dominance debate: We uncover the strategic moves by tech titans and emergent challengers vying to capture the largest share of digital wallet users. - Cross-Atlantic perspectives: Insights from US and UK analysts present a diverse view on the adoption of digital wallets, offering a broader understanding of the global digital economy.

Vague moralizing about BNPL, like The Motley Fool Ascent鈥檚 advice to 鈥渏ust say no to BNPL鈥攗nless you really have no choice,鈥� or disparaging using BNPL for groceries as the 鈥渉eight of personal desperation,鈥� may be keeping consumers away.

Local officials, including Arizona鈥檚 attorney general, are scrutinizing the impact consolidation will have on grocery competition. Kroger and Albertsons together account for nearly half of Arizona鈥檚 grocery sales.

Brands should identify where and how they can make the shopping experience easier, whether it鈥檚 through flexible payment options, offering curbside pickup, or making it easier to buy items online. As generative AI adoption begins to accelerate, some retailers are experimenting with ways the technology can help make the customer journey more seamless.

鈥淲hile they have taken the right approach by including benefits that will appeal to both online and in-store shoppers, it will be difficult to grow its membership base in an already crowded subscription market.鈥�. Will it work? It all depends on how Target differentiates itself.

An April grocery event: 鈥淭his year, there was a pretty heavy emphasis on the food and beverage category鈥� during Prime Day, said our analyst Blake Droesch. Amazon could channel that interest into a grocery-focused event. Amazon has 17.6% penetration in the US ecommerce food and beverage, according to our forecast, and is still working to gain an advantage over Walmart鈥檚 vast physical presence.

Walmart+鈥攚hich we forecast 16 million US households belong to鈥攈as gained traction by offering free delivery on low-cost groceries, along with other benefits such as discounts on gas and auto repair, and access to Paramount+.

At Walmart, shoppers focused on groceries and other essentials. Sam鈥檚 Club same-store sales rose 12.2% from value-seeking consumers. But margins were slim as customers avoided big-ticket purchases. Target shoppers focused not just on low prices, but on other perceived store benefits as well.

And despite the fact that many consumers are pulling back on their spending amid higher grocery prices, both companies grew their net revenues in Q1 2024. What it means: Olipop and Poppi's growing popularity demonstrates Gen Z's interest in functional foods and beverages.

BNPL is moving into new sectors, with grocery, healthcare, legal services, and travel ripe for gains. Major retail partners like Amazon are also embracing the tech. And in-store penetration is on the rise thanks to physical and virtual card growth. New entrants could improve accessibility. Apple and Walmart will reportedly enter the space this year. BNPL threatens credit cards.

Golden Ratio (gold coffee) and Umami cart (Asian groceries) rounded out the top five gainers with website traffic growth rates of 258% YoY, while TRIP (CBD-infused drinks) fell just outside the top 10. Health and nutrition brands are also finding a D2C customer base.

Others, like Walmart, Walgreens, and Target, are focused on revamping stores to offer more convenience, both in-store and online.