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Offering Walmart+ memberships to eligible CareSource members creates an incentive to spend money in the store鈥攅ven on groceries. Go deeper with The Power of Walmart: How 12 Walmart Businesses Drive the Big-Box Retailer鈥檚 Growth. Check out our US Retail Clinic Patients forecast.

Walmart US grew its private label penetration within grocery by 110 basis points in Q1 2024 (the 13-week period ended April 28, 2023). Walmart Canada also grew its private label sales by 7% YoY.

Walmart+ Week shoppers also spent 45% more on average compared with Prime Day participants鈥�$473 to $326鈥攁 reflection of the retailer鈥檚 success in courting high-income consumers, who purchased more big-ticket items and groceries during the event than any other cohort. The big picture: There鈥檚 no question that in the duel of the sales events, Amazon has the edge.

So it's like a one trip wonder kind of activity versus Aldi only has that groceries. All they have is groceries. The one thing I think is very cool is that they've turned grocery shopping into a fun activity with this aisle of shame.

Amazon will surpass 40% of US ecommerce sales this year, despite competition in grocery, home improvement. Back-to-school sales will rise 3.2% this year. Almost all US TikTok shoppers are also using Amazon. Note: Data was provided to 蘑菇AV by Numerator.

Perhaps because retailers are using more tech-driven strategies, the number of displays in grocery stores has been on the decline since 2018, with general food, alcoholic beverages, and beauty products seeing the most declines, per Q3 2023 data from Circana.

Following a successful redesign of two locations in the Chicago area, Amazon will continue to roll out more Amazon Fresh grocery stores next year. The lesson for retailers: If you want to invest in a new channel, you may have to switch up your strategy while maintaining your brand identity. Identify ways you can enhance the customer experience without overwhelming shoppers.

Amazon will surpass 40% of US ecommerce sales this year, despite competition in grocery, home improvement. 5 key stats on TikTok Shop: Gen Z, off-price shopping, and fast fashion. TikTok leads time spent on social for most US adults. How big will Amazon get?

For example, last month it became the first national grocery partner for Grubhub. It is also taking steps to bolster its retail media business. For example, Albertsons Media Collective in June launched Collective TV, a platform that combines retail media and connected TV (CTV) advertising capabilities.

CPGs that continue to raise prices run a serious risk of losing loyalty and market share as financial pressures drive consumers to look for deals in the grocery aisle, and the quality (and perception) gap between national and store brands narrows.

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.

While grocery and consumer packaged goods remain the core of retail media鈥檚 growth, many specialty retailers have been jumping on the bandwagon, including Best Buy and Chewy. The channel鈥檚 growing popularity has also produced retail media partnerships between brands, publishers, and media platforms.

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.

Braintree, for example, is focused on ticketing and tied up with Live Nation, whereas Adyen partnered with Instacart, which could offer inroads into online grocery.

Over half (51%) of consumers said they were very likely to continue purchasing private label products should the price of groceries decrease, according to a March 2024 survey from FMI - The Food Industry Association. Retailers should continue to bulk up their private label offerings, emphasizing value and product assortment.

The respondents worked in the retail sector (including do-it-yourself/home improvement, drugstores, grocery, liquor, mass merchandisers, and warehouse clubs/wholesalers with annual revenues of at least $100 million. Simbe is an in-store technology provider.

This should drive debit gains in top categories like grocery, pharmacy, online-only retailers, and big-box stores. Ecommerce Routing Hits Debit Revenues. US regulations governing debit routing will expand to card-not-present payments this summer. Issuers will be required to give merchants multiple network options to route transactions.

Clothing, groceries, and beauty products are popular digital purchases. How seamless payments, social commerce, and loyalty apps are driving mcommerce growth. A previous version of this story noted unique visitors. The chart shows visitors.

UK consumers are more attached to supermarkets than to brands in most other categories. In part, that reflects the sector鈥檚 leadership in the loyalty space: 90% of UK loyalty users are signed up to a supermarket program, versus 29% for clothing and shoes and 22% for cosmetics, per a November 2022 survey by Software Advice. UK consumers are already turning to loyalty programs to save money.

There are still opportunities for brands and retailers in the areas of grocery, personal care, pets, and household goods. But they need to pick the right subscription models to satisfy more budget-conscious consumers. Essential goods that are replenished on an even cadence fit the subscription model the best. Food and snacks, skincare items, pet products, and supplements all meet this description.

The tool will build a grocery list around nonspecific questions, like, 鈥淲hat鈥檚 a good summer meal I can prepare in under an hour?鈥�. Instacart is an example of how even as casual use of ChatGPT declines, professional and retail use cases are still very much alive. Top fashion retailers experiment with AI search. ChatGPT and Instacart aren鈥檛 the only companies leveraging AI search.

Walmart and Instacart are outperforming Amazon in digital grocery, which could prevent the company from market share gains in food and beverage and health/personal care/beauty. So far, Amazon has held off competition from Temu and Shein, but the upstarts could stunt future growth in categories like apparel, footwear, and accessories. Read the full report, US Amazon Ecommerce Forecast 2024.

While it remains to be seen whether the company鈥檚 customers will embrace the opportunity to arrange for furniture assembly or landscaping services through the platform, the success of other initiatives, including a travel booking service and grocery delivery, is empowering Uber to look for more expansion opportunities.

Why it matters: Instacart鈥檚 ability to generate high-margin retail media dollars could help the company offset a slowdown in its core grocery delivery business. But it isn鈥檛 a cure-all. After all, the advertising business is dependent upon the growth of its delivery business.

Real-life example: Using visual sensors, Grocery TV can activate ads when a customer comes near, but only when they鈥檝e also been exposed to a digital display ad as well, which maximizes ad exposure and overall effectiveness. The sensors are able to monitor the duration and frequency of customer engagement with the content. 2. Beacons.