October 19, 2024 Wealthier Americans are driving retail spending Lower-income consumers, by contrast, have been disproportionately squeezed by higher-priced rent, groceries, and other necessities, leaving them less able to spend on discretionary items. BY Associated Press It’s a trend that has surprised many: Why, despite being squeezed by high prices, have Americans kept spending at retail … Continue reading Wealthier Americans are driving retail spending
October 11, 2024 7-Eleven will close more than 400 stores as the list of struggling retailers grows The move comes as the convenience store’s parent company tries to stave off a takeover bid from the owner of competing chain Circle K. BY Jennifer Mattson 7-Eleven is closing 444 of its “underperforming” convenience-store locations across North America, … Continue reading 7-Eleven will close more than 400 stores as the list of struggling retailers grows
Inside Home Depot’s And Walmart’s Retail Media Buying by Laurie Sullivan , Staff Writer @lauriesullivan, October 8, 2024 A shakeup in retail media networks is underway as Home Depot and Walmart separately strengthen their respective positions to support brands and the millions of dollars being invested in ad media buys. Vantage, founded in 2013, began powering … Continue reading Inside Home Depot’s And Walmart’s Retail Media Buying
September 28, 2024 Grocery stores that donate expiring food make higher profits Researchers found that food donations correspond to a 33% increase in profit margin. BY The Conversation All major supermarkets and retailers that sell groceries, such as Kroger, Walmart, and Costco, give large amounts of food to food banks and pantries. In 2022, retailers donated close … Continue reading Grocery stores that donate expiring food make higher profits
September 26, 2024 Shein faces probe in Italy over alleged greenwashing Under European Union anti-greenwashing regulations that came into force this year, companies are banned from making vague environmental claims about their products. BY Reuters Italy’s antitrust agency has launched an investigation into a Dublin-based company that operates Shein‘s website and app over possibly misleading environmental … Continue reading Shein faces probe in Italy over alleged greenwashing
August 27, 2024 Dollar General and Kroger charge shoppers for this service that other stores offer free In some communities, ‘cash back’ is the only way to access funds. But a new government report says many dollar stores are charging extra fees for it—and profiting. BY Sarah Bregel There’s no quicker way to get cash than … Continue reading Dollar General and Kroger charge shoppers for this service that other stores offer free
Identity resolution plays an important role in proving RMN value while remaining transparent and privacy-compliant. Chris Wood on August 1, 2024 This week, Experian announced a solution for retail media networks (RMNs) to improve the ability to identify customers within its network, help advertisers reach these customers and measure a campaign’s impact. Additionally, it is … Continue reading Experian rolls out retail media network solution
July 12, 2024 Stop & Shop is closing 32 stores in the Northeast: Full list of supermarket’s doomed locations The closures will span five states as the chain has struggled to compete with discount retailers like Walmart and Aldi. BY Sarah Bregel Stop & Shop, a well-known supermarket chain in the Northeast, will close 32 stores … Continue reading Stop & Shop is closing 32 stores in the Northeast: Full list of supermarket’s doomed locations
June 21, 2024 Shein has a lot at stake under the EU’s copyright rule Shein, a China-founded e-commerce giant, is pushing toward a London IPO. BY Reuters Shein’s vast array of $5 shirts, $20 dresses and $15 shoes could face more trademark scrutiny under a new EU rule that tightens oversight on intellectual property rights. Shein, … Continue reading Shein has a lot at stake under the EU’s copyright rule
June 13, 2024 Shein hikes prices ahead of IPO Shein’s average price hikes exceeded those of its rivals H&M and Zara. BY Reuters Fast-fashion retailer Shein, known for its China-made $5 tops and $10 dresses, has hiked prices by over a third on some core products, in a move likely to boost revenues ahead of its … Continue reading Shein hikes prices ahead of IPO
