New research from Midan Marketing explores how Millennials’ meat consumption differs from that of Baby Boomers One of the largest generations in U.S. history is moving quickly into its prime spending years and forcing companies to re-evaluate the way they do business. Currently, the size of the U.S. Millennial market is 75.4 million, according to […]
Tag: shopping
CV’s Family Foods Taps Rosie To Launch E-Commerce Program
CV’s Family Foods, a 31-store grocery chain serving Arkansas, Oklahoma and Kansas under the CV’s Savers Club, Marvins Savers Club and Pawhuska Savers Club banners, will launch its first-ever online shopping platform using the Rosie e-commerce suite. The retailer will roll out the platform at its Fort Smith, Arkansas, store on Route 253. “In today’s fast-paced […]
Report: Kids Control Household Food Purchase Choices
The parents might bring home the bacon, but it’s probably the kids who pick the brand. Despite their size and obvious lack of discernible income, children have a disproportionate sway over household grocery purchases and decisions. And food marketers know it. In the “Kids Food and Beverage Market in the U.S., 8th Edition,” report, survey […]
Walmart Buying Jet.com For $3 Billion, And More…
New Channels News In Brief… Walmart will buy e-commerce company Jet.com for approximately $3 billion in cash, a portion of which will be paid over time. Additionally, $300 million of Walmart shares will be paid over time as part of the transaction. The acquisition will build on and complement the significant foundation already in place […]
Walmart Buying Jet.com For $3 Billion
Walmart said today that it will buy e-commerce company Jet.com for approximately $3 billion in cash, a portion of which will be paid over time. Additionally, $300 million of Walmart shares will be paid over time as part of the transaction. The acquisition will build on and complement the significant foundation already in place to […]
Study: Hispanic Shoppers Lead U.S. Market In Grocery Shopping Enjoyment & Engagement
Acosta and Univision Communications recently released the fifth edition of The Why? Behind The Buy U.S. Hispanic Shopper Study, which concludes that Hispanic shoppers enjoy the shopping experience and are highly engaged consumers. “Data clearly shows Hispanics are the driving force behind sales growth across many key grocery categories, but the bigger challenge is to […]
USC FIM Capstone Team: Bring Store Technology Into 21st Century
Team Invisible Hands, one of two USC Food Industry Management (FIM) Program teams chosen to present their capstone projects at the Western Association of Food Chains (WAFC) convention in April in Hawaii, wants to drastically change the way grocery stores operate. With the rise of online and high-tech retailers like Amazon, the average brick-and-mortar grocer […]
Dunnhumby Makes Strategic Investment In Aptaris
Dunnhumby, the world’s leading customer science company, says it has taken an equity stake in Aptaris, an enterprise marketing and promotions management technology innovator. This investment follows the announcement of a strategic partnership agreement in January between dunnhumby and Aptaris to integrate their complementary software solutions. Throughout its 25-year history, dunnhumby says it has been […]
Schnucks Rolls Out ‘Schnupons’ Digital Coupon Program
Schnucks shoppers now have the option to clip and save their grocery store coupons online. Schnupons, as they are referred to, are digital coupons that provide a convenient way for customers to receive additional weekly savings and a simpler way to redeem them during checkout, according to the St. Louis-based grocer. Shoppers can register for […]
Study: Balancing Next And Older Generations Of Shoppers May Prove Challenging For Grocers
The Food Marketing Institute (FMI) has introduced its survey analysis of short- and long-term financial strategies food retailers are employing in the current economic environment. FMI’s Financial and Strategic Initiatives in Food Retailing Study 2016, prepared by 210Analytics, and made financially possible by BMO Harris Bank, explores 2015 operating results among 35 food retailing companies and offers predictions as to what will drive their success over the next two years—from sales and […]
Cottleville Firefighters Outreach Brings Caroline’s Cart To Schnucks
On Friday, Schnucks welcomed members of the Cottleville Firefighters Outreach (CFO) as they dedicated a Caroline’s Cart shopping cart to the grocer’s Cottleville, Missouri, location at 6083 Mid Rivers Mall Drive. CFO partnered with Schnucks Cottleville to make a cart available for local residents after learning how Caroline’s Cart helps parents of children with special needs better […]
Report: Sales Of HBC At Grocery Are On The Rise
According to Acosta, after years on the decline, sales of health and beauty care (HBC) products at grocery stores are showing signs of life. Grocery stores capture only about 18 percent, or $15 billion, of the $84 billion annual spend in the HBC category, but Acosta’s “Health of Health & Beauty Care in the Grocery […]
Whole Foods’ Mobile App Now Offers Digital Coupons
Whole Foods Market’s mobile app now features digital coupons, offering shoppers a convenient way to save on a mix of products, ranging from everyday staples to seasonal offers, according to the Austin, Texas-based grocer. Initial coupons include: • $5 off one-dozen Whole Trade Guarantee Roses • Free lobster tail (priced under $12) with purchase of […]
Rite Aid Installs Proximity Beacons In U.S. Stores
Rite Aid has installed proximity beacons at each of its more than 4,500 U.S. locations. Rite Aid has partnered with inMarket, which makes its own Bluetooth beacons for Android and IOS. The data collected by such beacons provides brick-and-mortar retailers with the ability to personalize and target offers and coupons based on individual shoppers. inMarket also […]
Study: Associates Are The Trump Card In Nurturing Supermarket Loyalty
The Retail Feedback Group (RFG), a provider of actionable stakeholder feedback, has released its 2015 U.S. Supermarket Experience Study. The research, now in its eighth year, found that supermarkets continue to generate high satisfaction among their shoppers, scoring an average of 4.44 on a 5-point scale, where 5 is highest. Shoppers who felt like a […]
New Study Forecasts Growth In Grocery Spending For Holiday Season
‘Tis the season to be shopping, and a new study from Acosta, a leading full-service sales and marketing agency in the consumer packaged goods industry, shows 57 percent of shoppers who were surveyed plan to spend more on groceries during the 2015 holiday season as compared to last year. Acosta’s shopper survey, conducted in early […]
Retail Traffic Falls Over Holiday Weekend But Digital Business Rises, And More…
New Channels News In Brief… RetailNext Inc., focusing on retail analytics for brick-and-mortar stores, reported a decrease in U.S. store sales of 4.7 percent on a 5.1 percent decline in overall retail store traffic over the Thanksgiving and Black Friday weekend. “The sales and traffic numbers only tell a partial story as retailers with strong […]
Though Amazon Is No. 1 Among Moms, Food Brands Dominate Favorites Ranking
Food brands make up half the list of the top 25 most loved brands among moms of children age 6-12. Brands making the list include Reese’s, Oreo, Hershey’s, M&M’S, Kit Kat, Snickers, Honey Nut Cheerios, Lay’s, Doritos, Goldfish, Tropicana, Cuties and Pringles. Nevertheless, Amazon takes the No. 1 spot, topping the list of 283 family-friendly […]
Lower Gas Prices Could Fuel Black Friday Shopping Plans
Nearly half (42 percent) of all regular Black Friday shoppers expect to shop more this holiday season as a result of lower gas prices, according to the results of a new consumer survey released by the National Association of Convenience Stores (NACS). Shoppers also expect to have plenty of company in stores over the holiday […]
Foods Dominate As Kids’ Favorite Brands
Oreo, America’s “wonderfilled” classic cookie, has topped this year’s list of Kids’ Most Loved Brands, according to findings from the 2015 Young Love study of more than 7,000 children and their parents. In fact, food brands dominate this year’s list, taking 14 of the 25 spots on the list. Oreo beats out last year’s No. […]
