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The use case: Kroger is leveraging cloud data analytics, AI, and machine learning to boost worker productivity via task and store management applications, per Winsight Grocery Business. These tools provide employees with staffing information, stocking needs, a standardized audit checklist, and a customizable walk path to help associates evaluate store conditions.

Walmart鈥檚 strengths lie in grocery, retail media, but fulfillment spells an opportunity. How ecommerce powers Amazon鈥檚 success in 5 charts. US Alcohol Ecommerce Forecast 2023 (Insider Intelligence subscription required). More Chart of the Day:. 6/16 - Retail it like it is. 6/15 - Direct-to-success. 6/14 - Buyers without borders. 6/13 - Top of the funnel to you. 6/12 - YouTube鈥檚 retail rush.

Twenty-two percent of Anywhere purchases were made at discount and specialty stores; 15% were made at grocery stores; and 9% were at restaurants. Klarna preps for an IPO after releasing its own subscription service. Klarna rolled out Klarna Plus to US customers in January as part of its profitability push before going public.

Rewards should change with spending patterns, potentially focusing on everyday spending like groceries rather than travel to attract savings-conscious consumers. Embrace alternative payment methods. Higher rates could give nontraditional payment plans like buy now, pay later (BNPL) a chance to steal market share from credit cards as consumers seek out more flexible and interest-free payment options.

I think it's a really interesting story in terms of what Amazon might need to do to get ahead in grocery. Because as the article points out, and our forecasts also show, most of grocery, the vast majority around 90% will still take place in stores in the coming years. And even digital grocery is often connected to stores through things like delivery or click and collect.

With conversions growing increasingly omnichannel, categories that are traditionally offline, such as grocery, need to invest in ecommerce, while mature digital categories, such as apparel, can鈥檛 neglect the need for consumers to try items on in-person. 2. Digital touchpoints鈥攅specially search鈥攁re 鈥榓lmost a guarantee鈥�.

Collectively, the electronics, apparel ($41.5 billion), furniture ($27.3 billion), grocery ($19.1 billion), and toy ($7.7 billion) categories accounted for 65% of total spending. Mcommerce reached a new milestone, accounting for over half (51.1%) of online sales as shoppers turned to their smartphones to quickly take advantage of last-minute deals.

More Chart of the Day:. 9/6 - Retail media closes the deal. 9/5 - Beauty researchers bypass department store. 9/1 - Gen Z鈥檚 big grocery search. 8/31 - Our Amazon power rankings. 8/30 - TikTok's time takeover.

Examples of in-store retail media sellers include GSTV, Cooler Screens, and Grocery TV. Digitization is transforming retailers鈥� ability to provide advertising at store shelves, end caps, cooler doors, and checkout aisles. In-store retail media will account for one-tenth of US DOOH ad spending in 2024. This reflects the expanding ad inventory available in physical stores.

Vibenomics and Stingray Advertising are combining their networks to offer in-store audio advertising across 25,000 grocery, convenience, home improvement, and drug stores. Schnucks Markets is bringing Instacart鈥檚 smart Caper Carts to select locations to offer shoppers personalized and contextually relevant promotions as they move through the store.

Grocery, in-store, and international: Where Amazon isn鈥檛 on top. US Cross-Border Buyers Forecast 2023 (Insider Intelligence subscription required). More Chart of the Day:. 6/13 - Top of the funnel to you. 6/12 - YouTube鈥檚 retail rush. 6/9 - Make it discount. 6/8 - Google鈥檚 biggest rivals. 6/7 - Social鈥檚 slow show.

The bigger picture: DoorDash said that orders from convenience stores and groceries grew faster than traditional deliveries in the US. Its restaurant category growth was driven by an uptick in customer retention and order frequency reaching a record high. It also benefited from the Wolt acquisition, which enabled it to expand to new markets such as Germany, Sweden, and Israel.

Key players include Cooler Screens (cooler doors), Perch (end caps), Grocery TV (checkout), and Veeve (smart carts). There鈥檚 also in-store audio, offered by players like Stingray and Vibenomics. The adjacent exterior of retail establishments features GSTV (gas pumps) and Volta (EV charging stations). Many of these startups are already expanding into other parts of the store.

Thanks to sales in affordable groceries and strategies to draw higher-income consumers, Walmart is having a successful year. Momentum is expected to continue through the holidays, as the retail giant leverages click-and-collect solutions in physical stores and a mass scale of product offerings for its online marketplace, Stambor said.

As far as what they should do, I think they should lean into the grocery angle, open up as many Amazon Fresh stores as possible, and just have a place to connect the online grocery experience with the offline experience, because that's the only way that they can really get into grocery, which is the most profitable way that they can expand into physical retail. Marcus Johnson:. Okay. Suzy.

Why it matters: Albertsons will account for 8.8% of US grocery sales and 2.7% of grocery ecommerce sales in 2024, according to our November 2023 forecast. That means the business has a massive audience when it comes to advertising. We expect to see more retail media networks partnering with ad tech companies to serve these large audiences this year. 2.

Instacart: The grocery intermediary remains one of the largest US RMNs. Instacart鈥檚 US retail media ad revenues will hit $1.01 billion this year, up 16.1% from $0.87 billion in 2023. PubMatic announced a collaboration with Instacart earlier this month, which will leverage the platform鈥檚 first-party data for programmatic ads.

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.

The number one reason being the pandemic in which there was a demand for essentials like groceries that cause a lot of people to download these grocery apps like Instacart and start getting their groceries delivered. This was primarily done for necessities of which alcohol for most people, for some people it's a necessity.

Grocery inflation remains at a record high. Grocery prices were 17.5% higher YoY in March, per Kantar data reported by Reuters, adding 拢837 ($1031) to households鈥� annual bills. And poor harvests and high energy costs could compound produce shortages and keep food inflation elevated. Wage growth is well below inflation.

Walmart鈥檚 strengths lie in grocery, retail media, but fulfillment spells an opportunity. 3 ways retailers like Walmart, Target, and Costco use private label to keep costs down, build brand loyalty. TikTok bets big on livestream commerce, aims for $20B in global sales. How Ikea innovates to keep up with an expanding ecommerce market.

When someone bags my groceries, I'm like, what a luxury. Carina Perkins (12:09):. We saw the big grocery players in the UK like Tesco follow Amazon in that just walkout tech store format. And it was interesting to see the reaction. Aldi did it as well, and they had a real backlash here with people outraged that they couldn't pop in and buy something. They had to download an app or scan a QR code.

Amazon鈥檚 physical focus will be more on its grocery business in 2024, as the company resumes Amazon Fresh openings after a yearlong pause. 鈥淭hey鈥檝e got to figure out how to bridge the gap between online and in-store, without doing it in a gimmicky way,鈥� Davidkhanian said. Best retailer you don鈥檛 know of yet. Nominees: Martie, Flip, B&H Photo Video. Winner: Flip.

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+.

Amazon Fresh, its full-scale grocery stores featuring national brands, has paused expansion efforts to retool operations, thereby delaying its ability to close the gap with the competition. Amazon Ads is the envy of the industry and remains well ahead of the competition across every dimension, except for its physical store footprint.