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BTS spending expected to exceed $41 billion

Mass Relators

This is on par with last year, but is up from 44% in 2019, and is in line with the trend of consumers shopping earlier for major spending events. Since 2019, back-to-college spending has nearly doubled. The post BTS spending expected to exceed $41 billion appeared first on MMR: Mass Market Retailers. per person, up from $1,199.43

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FMI: Grocers are approaching an uncertain future proactively

Mass Relators

In-store bakeries and seafood departments accounted for 2% of sales each. of sales, down from last year (2.9%) and 2020 (3%), but still well above 2019 (1%). With inflation still very much a factor, retailers are fine-tuning pricing and also increasing consumer communications about value across a variety of marketing channels.

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Jason & Scot Show Episode 309 Instacart IPO Filing

Retail Geek

So it’s been a very dry IPO market for startups and thus of interior backed investors. 10:38] Sequoia and a couple others this is very unusual but I think it’s an interesting play because it basically says to the market. Gone so well they’re down like 95% bird the scooter company did this as well.

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Jason & Scot Show Episode 267 – Deep Dive into Food Commerce with Matt Newberg of HNGRY

Retail Geek

Digital restaurant marketplaces (Door Dash, Uber Eats) Digital grocery marketplaces (Instacart) Ghost Kitchens (food industry version of private label) Delivery vs Pickup On Prem vs Off Prem Consumption Emerging digital grocery top-off market (GoPuff, Instacart, DoorDash) Amazon evolving grocery strategy (Amazon Fresh, Just Walk Out, Delivery).

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Jason & Scot Show Episode 313 – Holiday 2023 Preview with Rob Garf of Salesforce

Retail Geek

Things from marketing and Service as well to look at a more complete buyers Journey. [4:08] 4:08] And it’s been really fun each quarter we release our shopping index which is available on salesforce.com built on Tableau and it’s interactive so you can slice and dice it by vertical and by geography and it really helps.

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Jason & Scot Show Episode 312 Amazon Q3 2023 earnings recap

Retail Geek

Jason: [10:08] Specific hypothetical there Scott. Jason: [33:08] Yeah everyone just wants to talk about ads and AI but it turns out that Amazon is actually a pretty good retailer. It’s a 35 percent versus before the pandemic in 2019 so 1.9% Um and I think people are really starting to worry about Google on this one.

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Jason & Scot Show Episode 274 – Warby Parker and AllBirds file S-1 prospectus for IPOs

Retail Geek

Net positive ebit has but they basically have had a net loss every year except 2019 when they broke even. 8:26] You know you like if you look at 2018 you said hey they sold 270 million and they lost 22 million on it in 2019 they sold 370 million and they broke even. So what’s a little worrisome about that is. [8:26]