Circana has rolled out its Purchase to Consumption solution, a tool that links verified purchase behaviors from the company’s receipt panel with National Eating Trends (NET) consumption behaviors from the same consumers. The solution provides the consumer packaged goods industry with what Circana calls a “holistic” understanding of the food and beverage journey. It closes […]
Category: Grocery Industry
Food-At-Home Prices Jump 0.7% As Energy Costs Squeeze Supply Chain
Food-at-home prices rose 0.7 percent in April – the sharpest monthly increase so far this year – as energy market disruptions and ongoing supply chain pressures pushed grocery costs higher for American families and retailers alike. The U.S. Bureau of Labor Statistics reported May 12 that the overall Consumer Price Index for All Urban Consumers […]
Instacart Expands Ads Manager To Retailers With New Self-Serve Tools
Instacart announced it has extended Instacart Ads Manager to retailers, enabling them to activate campaigns within the scaled, self-serve advertising platform. The company is opening the same high-intent reach, optimization and closed-loop measurement infrastructure that supports brand campaigns to retailers. At the same time, it is building new tools designed for their goals, from driving […]
NRF: Retail Sales Rose For Seventh Consecutive Month In April
Retail sales grew for the seventh straight month in April despite rising gas prices and persistent inflation, according to the CNBC/NRF Retail Monitor released May 13 by the National Retail Federation. Total retail sales, excluding automobile dealers and gasoline stations, rose 0.34 percent month over month on a seasonally adjusted basis and 5.73 percent year […]
Gopal Joins Ahold Delhaize USA To Lead Data, AI Strategy
Ahold Delhaize USA has appointed Vipin Gopal as SVP, serving as chief data and artificial intelligence officer for the U.S. businesses. Reporting to Chief Information Officer Ann Dozier, Gopal will lead data, analytics and AI strategy and advance Ahold Delhaize USA’s efforts to further embed data-driven decision-making and AI capabilities into its business. He will […]
Amazon Now Expands Ultra-Fast Delivery Across The U.S.
Amazon has rolled out its ultra-fast delivery service, Amazon Now, to customers throughout the U.S. Amazon Now provides thousands of fresh groceries, everyday household essentials and locally-relevant items in about 30 minutes or less. It is widely available in Atlanta, Dallas-Fort Worth, Philadelphia and Seattle, and is expanding in dozens more cities, including Austin and […]
Report: Independent Grocers Generate $557.5B In Annual Economic Activity
According to a new economic impact analysis released today by the National Grocers Association, independent supermarket operators generate $557.5 billion in total annual economic activity, representing nearly 2 percent of U.S. gross domestic product. The report, conducted by Arizona State University using store-level retail sales data from NielsenIQ’s TDLinx platform, found that independent grocers account […]
Vori Raises $22M Series B To Build Operating System For Grocery Stores
Vori announced a $22 million Series B funding round led by Cherryrock Capital, with participation from Greylock Partners and The Factory, including Stanford AI researcher Chris Ré. The company is building an operating system designed to manage a grocery store’s entire operations. It handles checkout and payments at the register, tracks every item on shelves, […]
