Category Archives: Business/Economy

Inmar: Poor Outlook for Traditional Grocers — Supermarket News

Traditional grocery stores may have a hard time of it over the next years: “Inmar defines “traditional supermarkets” as those with at least $2 million in annual sales and up to 15% of their sales in general merchandise and health and beauty. That channel is already in rapid decline, Inmar said, losing 2 points of dollar share and 5.9% of its sales in 2016 as compared to 2015. Inmar projected sales in this channel would not keep pace with projected...

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Hear from a Walmart Computer Scientist — Walmart.com

Walmart’s investments in tech are on the increase. Here’s a report from one of its computer scientists: “Tech is constantly evolving, which makes innovation essential for retailers. We have to continually adapt our business to our shoppers’ lifestyles. There’s a lot of coding, engineering and algorithm testing that goes into building something that works better than what people are used to. It’s challenging, but that’s why I’m lucky to work with such talented people.” Supplier Takeaway Are you keeping track...

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Walmart and Its E-Commerce Acquisitions — Digiday

  Walmart is on an e-commerce spending spree. Here’s an analysis of the retailer’s strategy: “Under the leadership of Marc Lore, head of e-commerce for Walmart and former CEO of Jet.com, the retail giant has made bold moves in snapping up e-commerce startups across footwear, men’s fashion and potentially subscription boxes. Jim Cusson, president of retail branding agency Theory House, said that through those acquisitions, Walmart is buying a new consumer base — upper-middle-class people who normally wouldn’t shop at Walmart...

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Walmart Expands Online Ad Business — CNBC

Walmart has opened another revenue stream by accepting third-party ads on its website: “According to KeyBanc’s Ed Yruma, Wal-Mart’s website has started to show banner ads by third-party sellers more frequently, with links to product pages or vendor websites. Historically, Wal-Mart’s online ads have highlighted its own products or discounts, Yruma said.”   Supplier Takeaway What do you think of Walmart’s decision to display third-party ads? Will you be testing this way of promoting your brand? Resources for Walmart Suppliers...

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Aldi Tests Home Delivery — RetailWire

Discount grocery chain Aldi is now testing home delivery through Instacart: “Mr. Patton said Aldi’s decision to test home delivery with Instacart predates Amazon.com’s deal to acquire Whole Foods. Reports have suggested that Amazon’s push into grocery, which is expected to accelerate should its bid for Whole Foods be approved by regulators and shareholders, was a motivating factor for Aldi. Speculation is that Amazon will replace Instacart, which has received investments from Whole Foods and currently handles the chain’s home...

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Amazon Considers MREs as a Meal Delivery Option — Reuters

    Amazon is considering working with a meals-ready-to-eat (MRE) startup as a way to offer fresh meal delivery without having to worry about temperature control or shelf stability: “The world’s biggest online retailer has discussed selling ready-to-eat dishes such as beef stew and a vegetable frittata as soon as next year, officials at the startup firm marketing the technology told Reuters. The dishes would be easy to stockpile and ship because they do not require refrigeration and could be...

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78 Percent of Parents Plan to Buy Back-To-School Supplies at Brick-and-Mortar Stores; Only 8 Percent will Shop Online — Junior Achievement

COLORADO SPRINGS, Colo., Aug. 9, 2017 /PRNewswire/ — A new survey from Junior Achievement USA (JA) shows that 78 percent of parents plan to buy their children’s back-to-school supplies at traditional retail outlets this year, with only 8 percent planning to do so online and 13 percent responding “don’t know/not applicable.” In all, 60 percent of parents say that it is a challenge to afford school supplies, while 57 percent of teens say it is challenging for their parents or guardians to afford school supplies....

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Costco Begins Bridal Registry — Brides.com

  Costco has partnered with MyRegistry.com to offer a bridal registry: “This partnership with MyRegistry.com is an addition to the existing Weddings by Costco program, which acts as a full-service vendor for couples with memberships. That program offers food, flowers, invitations (even rings!)—literally all of the essentials for the big day. Couples can even use the service to book their honeymoon travel with members-only perks.” Supplier Takeaway When companies like Costco, better known as a place to stock up on...

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Private Labels for the Win — Supermarket News

Consumers continue to purchase private label brands, in part because of confidence in product quality, but also as a result of a continuing frugal mindset: “The report revealed that when it comes to selecting which retailer to patronize, 95% of all shoppers prioritized low price points, and 82% said a store’s selection of private labels was important. The sustained strength among store brands—75% of shoppers view them as “just as good” as the national competitors—may be indicative of permanent habits.”...

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Managing FDA Labeling Rules — SupplyChainDive.com

A perspective on how labeling rules will impact suppliers: “There is actually a silver lining to the UDI rules going into effect:  a label containing necessary information about a product can be leveraged as it moves through the supply chain. Individualized labels can contain important information as to how the product was made, what it contains, how it should be handled, and how it should be disposed.”   Supplier Takeaway Are you affected by these new rule? What challenges and...

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