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996 results for grocery
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  • Consumers are pulling back on discretionary purchases as they focus on buying necessities, which in the case of Target mean groceries, beauty, and household essentials. We expect US retail sales growth to slow to 3.3% this year, down from 8.1% last year, which will make for a challenging environment for all retailers.

    Article
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    Feb 28, 2023
  • In-store healthcare services offer retailers the chance to create a one-stop shop, offering checkups, prescriptions, and over-the-counter medications under one roof, not to mention groceries and other convenience items that shoppers can grab on their way home. 2. More money. Healthcare provides an additional revenue stream for retailers struggling to turn a profit.

    Article
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    Feb 6, 2023
  • For grocery, that could mean targeting consumers who can shop on weekdays now instead of a weekend. Who’s well positioned for 2023? Health and beauty brands like Bath & Body Works, Ulta Beauty, and Sephora should do well this year, said Chernofsky. It doesn’t hurt that wellness has become a larger part of consumers’ psyches following the pandemic.

    Article
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    Feb 3, 2023
  • If consumers are struggling to afford groceries, most are probably not going to splurge on luxury items, instead seeking less expensive alternatives that serve the same purpose. By creating a more affordable line of products under the same name, companies can lure in consumers looking for name-brand recognition without the high price.

    Article
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    May 23, 2023
  • As the channel grows, retailers outside of grocery, like Ulta Beauty, are experimenting with how to use it to reach customers in more targeted, engaging ways. Ulta Beauty’s retail media network, UB Media, offers its partners on-site and off-site ad formats, including display, sponsored search, video, and social media. “We have 600 brands that are active in our stores and online,” said Crossan-Matos.

    Article
     | 
    Feb 12, 2024
  • Initially unique, Eataly combined dining and grocery shopping under one roof, attracting many customers to its Italian marketplace. However, as local stores now offer international and specialty foods, Eataly’s novelty has faded, making it primarily a tourist attraction, said Stambor.

    Article
     | 
    Oct 5, 2023
  • And I'm not a grocery e-commerce person. I buy my groceries in person. But if I were buying them online, seeing a new shape on the digital shelf would definitely encourage me to make that purchase. Of course, that's not impulsive because that's for research because I need to know how they all taste. And Twin Snakes are the best ones. Arielle Feger:. Okay, good to know. I don't think I've tried those.

    Audio
     | 
    Nov 8, 2023
  • In addition, a third of shoppers have switched grocery retailers to save money, per a February 2024 report by Advantage Solutions. “But there's also an element there where [consumers] are looking to treat themselves. We call this affordable luxury,” said Chernofsky. These include coffees, movie tickets, and even beauty products that can be an instant mood-booster.

    Article
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    May 3, 2024
  • The bottom line: If Target can convince shoppers they can find the best deals and assortment on non-grocery categories (like health and wellness and beauty), it has a chance to carve out an audience for its newly launched membership program and boost sales in turn. Target Circle’s personalized deals and bonus offers drove $1.5 billion in incremental sales last year, per Sylvester.

    Article
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    Mar 5, 2024
  • The company’s ecommerce revenues declined for four of the past five quarters and it has embarked on several large-scale cost-cutting measures such as laying off roughly 18,000 staff and putting its planned expansion of Amazon Fresh grocery stores on ice. Fast-delivery competition is growing.

    Article
     | 
    Feb 27, 2023
  • And issuers will likely increase rewards value on inflation-affected goods and services like fuel and groceries—while decreasing value on nonessentials like travel. Issuers and Networks Ease Up on Ad Budget Growth. After years of double-digit increases in digital ad spend, issuers and networks are focusing on creating efficiencies.

    Report
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    Mar 10, 2023
  • The early shift to online grocery helped establish the UK as the digital leader in Europe. Even today, there’s a significant gap between the digital penetration in the UK and other countries across the region. China passed the threshold in 2014, then saw digital sales skyrocket. In 2019, just 5 years after China reached the 10%+ club, its ecommerce penetration surpassed 30%.

    Article
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    Jan 24, 2023
  • Ad tech company The Trade Desk and grocery intermediary Instacart teamed up in October to improve the latter’s retail media offerings through improved metrics. Why it works: Retail media data is in demand. Instacart will generate $1.18 billion in US retail media ad revenues next year, making it the fourth-largest retail media network we track in terms of revenues, according to our forecast.

    Article
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    Nov 30, 2023
  • A majority (73%) of consumers surveyed in February 2023 said they are spending more on groceries and less on experiences in the previous six months. Back in August 2022, 65% said the same. Half of consumers in the February survey said they have started saving more of their income. Categories Where Consumers Cut vs. Spend Remains Fairly Steady.

    Article
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    May 17, 2023
  • As consumers trade down in the grocery category, discount retailers are beefing up their consumables offerings in an effort to become a one-stop shop. Retailers like Dollar General and Five Below are experimenting with new formats, featuring items at a slightly higher price point to attract more middle-income earners, a demographic that is increasingly shopping at discount stores.

    Article
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    Apr 25, 2023
  • 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.

    Article
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    Mar 8, 2023
  • Other than CVS and Walgreens, these organizations include Walmart, which plans to expand to more than 75 health centers in eight states next year; The Kroger Co., with Little Clinics spread across select grocery stores in nine states; and Target, which taps Kaiser Permanente to deliver care in more than 30 Southern California stores.

    Report
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    Jun 2, 2023
  • Essential categories like grocery and health and personal care are growing their share of online sales whereas categories like home improvement or large appliances will decline or see minimal online sales growth. On the flip side, in-store shopping is going through a rough patch as anti-theft measures and store closures detract from the customer experience.

    Article
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    Oct 10, 2023
  • “Once you have a preferred grocery store, then having this additional idea of the recipes that you can shop just makes it that much easier. If Kroger is your go-to place, you can even store your own recipes there. Imagine how easy they're making it for you. But, yes, competition has started and will continue in this space.”.

    Article
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    May 25, 2023
  • Inflation: Persistent inflation is driving up the cost of living, including prices for cars and groceries. That’s left more consumers relying on credit cards to cover their bills and struggling to keep up with the higher payments. Reversion to pre-pandemic levels: The report also posits that the increasing delinquency rate may be a standard reversion to the mean level of delinquencies pre-pandemic.

    Article
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    Feb 22, 2023
  • So one of the things with the Amazon Just Walk Out within the Fresh grocery stores is you heard about customers having to wait hours for their receipts. And we know that folks are really budget conscious these days, and if you're doing a large grocery shopping trip, knowing what you spent is really important.

    Audio
     | 
    Apr 29, 2024
  • Today's story is a June 13th story from Marketing Week titled, trust in supermarkets falls to nine-year low as consumers feel ripped off. This data is UK specific, but I'd imagine we're seeing something similar in the US. Consumers feel grocery stores are charging more money for less.

    Audio
     | 
    Jun 20, 2023
  • For example, many brands use fake supermarket setups to see how consumers react to new brands or products. 4. Trust the process. While it can be difficult to hand over the creative reins and embrace change, brands working with agencies need to go into it with an open mind. “[With Jell-O,] we had a client team who were really engaged and really excited,” said Waterman.

    Article
     | 
    Apr 4, 2024
  • “But when it comes to food and beverage, Walmart has steadily become a grocery giant and is much more popular than Amazon in that category.”. For OTC health products, the two retailers are tied for the No. 1 spot. Customer service: Once consumers are in-store, traditional search engines play a larger role in the shopping experience, according to Tinuiti.

    Article
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    May 30, 2023
  • Although consumers have been cautious about spending on big-ticket items such as appliances and furniture, they’re releasing some pent-up demand on smaller indulgences like dining, toys, groceries, and sportswear. These categories have all shown considerable gains from July and August 2023, according to UBS. Q3 GDP data suggests that China is likely to meet its growth target of about 5.0% for 2023.

    Report
     | 
    Dec 5, 2023