Retail TouchPoints

JULY 24, 2023

Some people check their email accounts hourly while others always have thousands of unread emails in their inbox. Yet despite the complexities, an effective personalized approach to marketing is critical to success. According to The Small Business Blog , emails are an effective marketing channel because most U.S.

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Inside Retail

MARCH 8, 2024

Last week, Amazon -owned grocery chain Whole Foods announced the launch of a new format store, Whole Foods Market Daily Shop, to make grocery shopping more convenient for urban consumers. Whole Foods Market Daily Shop is not the grocery retailer’s first foray into smaller storefronts. Amazon’s US$13.7

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Inside Retail

MARCH 20, 2024

Kearney, a renowned global consultancy firm, recently unveiled its latest findings in the 2023 Global Retail Development Index (GRDI) report , shedding light on emerging market potentials and strategic pathways for retail expansion. China is the world’s largest retail market, accounting for almost 50 per cent of global retail transactions.

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Inside Retail

AUGUST 23, 2023

Australian retail giant Woolworths Group reported solid FY23 results on Wednesday , showcasing the supermarket sector’s resilience in the face of dropping consumer spend. Earnings before interest and tax (EBIT) from the company’s Australian supermarkets rose 19.1 per cent over the financial year to $2.8 per cent to $249 million.

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Supermarket Checkout Department Stores Management 246

Inside Retail

FEBRUARY 22, 2024

The appointment of Amanda Bardwell as Woolworths Group’s next managing director and CEO, effective September 1, marks a historic moment for the parent company of Woolworths Supermarkets and Big W, which reported nearly $65 billion in sales last financial year. Supermarkets have long been the purview of male leaders.

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Retail TouchPoints

JULY 20, 2023

Amazon will expand its Amazon One palm payment technology to all 500+ Whole Foods Market stores by the end of 2023. including 200 Whole Foods supermarkets, and have clocked more than 3 million uses to date. The Amazon Web Services (AWS) technology also has been deployed by other brands, including select Panera Bread locations.

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Retail Gazette

MAY 20, 2024

The deal gave the supermarket chain a 20% minority stake in MFG and established commercial and supply agreements with the fuel group. Morrisons has kicked off the process to reduce its debt load, following the £2.5bn sale of its petrol forecourts to Motor Fuel Group (MFG) last month.

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Planning Payment Services Supermarket Grocer 120

Retail Gazette

FEBRUARY 2, 2024

Sainsbury’s boss Simon Roberts is expected to present the next phase of the supermarket’s strategy, including a new target for cost savings, as it looks to build on the momentum of a strong 2023. Deleted: The supermarket’s strategy update is due to take place on 7 February. The supermarket’s revenues surged 8.1%

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Inside Retail

SEPTEMBER 23, 2022

Earlier this week, supermarket player Coles announced it is selling its convenience arm Coles Express to long-time fuel partner Viva Energy for $300 million. Additionally, Cain said the environmental impact of fossil fuels was difficult to justify for a business aiming to be the country’s most sustainable supermarket. “As

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Inside Retail

MARCH 3, 2024

The loyalty market in the Asia Pacific (Apac) region is expected to grow by 11 per cent annually, to reach US$52.05 million in total and during FY23 almost 75 per cent of all purchases made at Myer were linked to a Myer One account. billion in 2024. Myer One currently has about 4.2 million engaged members of its 7.3

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365 Retail

JANUARY 5, 2022

Households shunned pubs, restaurants and bars in December as the rise of the Omicron variant saw people spending near-record amounts in supermarkets and celebrating the festive period at home, according to new supermarket data. However, part of the impressive sales results was due to rising inflation, with supermarket prices now 3.5%

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Supermarket Accounting Marketing Management 62

Retail Gazette

JANUARY 5, 2024

GMB national officer Nadine Houghton said: “It’s right that MPs will finally get the chance to hold TDR Capital to account on their co-ownership of Asda. The £500m in borrowings are part of the debts taken on by the supermarket to finance the acquisition of the business back in 2021.

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Supermarket Grocer Finance Accounting 125

Inside Retail

APRIL 15, 2024

Sydney-based entrepreneur, Julia Sakr, founded the luxury dog-bed brand, Barney, one of the brands that was “duped” recently by multinational supermarket Aldi. “I When a knockoff goes viral Sakr explained that she was first made aware of the Barney Bed dupe on TikTok after numerous accounts tagged her in a video showcasing Aldi’s dog bed.

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Supermarket Consumer Advertising Accounting 277

Retail TouchPoints

DECEMBER 7, 2021

With this new funding, Marketplacer has raised more than $85 million to date and now has more than 100 marketplaces on its platform globally, including major Australian supermarket chain Woolworths , lifestyle brand SurfStitch and fishing enthusiast app Fishbrain. Marketplacer launched in the U.S.

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Accounting Supermarket Marketing Management 273

Retail Gazette

JANUARY 3, 2024

The supermarket chain saw its sales jump 9.3% in the four weeks to 24 December, achieving its highest market share since December 2020 at 15.8%, according to analysts at Kantar. compared with last year to hit £790 million – accounting for 5.7% compared with last year to hit £790 million – accounting for 5.7%

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Supermarket Accounting Promotions Consumer 127

Retail Gazette

MARCH 27, 2024

The supermarket saw like-for-like sales, excluding fuel, soar 4.6% ” He added: “For longer term and sustainable growth, we have developed new plans for growth in wholesale, convenience, franchise, export markets and global sourcing and we are now moving quickly to implement them.” rise the year before.

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Grocer Payment Services Supermarket Wholesale 116

Inside Retail

SEPTEMBER 19, 2022

Its marriage with Tesco Lotus virtually doubled it in importance, by making it the operator of nearly 2,700 hypermarkets, supermarkets, convenience stores and malls. The retail and wholesale businesses accounted for a roughly even split of the company’s 219.6 That was in October a year ago now. billion baht ($9.4

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Inside Retail

APRIL 27, 2021

According to WooliesX Managing Director Amanda Bardwell, e-commerce sales at the supermarket jumped 92 per cent from July to December 2020, and now account for eight per cent of total sales. The site is expected to begin construction in 2021, with an operational launch date in 2024.

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Planning Supermarket Fulfillment Accounting 243

Retail TouchPoints

JULY 21, 2023

Schnuck Markets has extended its partnership with Instacart to introduce Caper Carts, which use AI and computer vision to automatically identify items shoppers put into them, allowing shoppers to then skip the line and check out using the cart technology. The supermarket retailer will roll out the smart carts at select St.

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Checkout Promotions Supermarket Accounting 207

Retail Gazette

JANUARY 30, 2024

Sainsbury’s scooped up even more market share as sales soared, the latest Kantar figures show. The supermarket’s revenues surged 8.1% in the 12 weeks to 21 January, accounting for 15.7% of the total market, up 0.3% The market research company also found grocery sales were up 2.9% on last year.

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Supermarket ATS Grocer Accounting 69

Retail Gazette

NOVEMBER 29, 2023

The Competition and Markets Authority examined 10 different product categories products including baked beans, baby formula and pet food and found that while certain price hikes were warranted to offset escalating costs like energy and ingredients, there was evidence of profiteering. It will launch a probe into the baby formula market.

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Supermarket Accounting Promotions Marketing 116

Inside Retail

NOVEMBER 1, 2023

Cartons are already a beverage packaging choice with one of the lowest carbon footprints on the market,” said Munster. ” Supporting the initiative, supermarket chain Coles has introduced 47 Reverse Vending Machines in its Victorian stores to coincide with the CDS launch. .

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Retail Gazette

APRIL 24, 2024

The supermarket chain has partnered with Retail Media Group to introduce trolley media across 300 of its largest supermarkets. With proven expertise and a time-tested operation, they understand the power of connecting brands to shoppers in the retail environment, and the importance of reliability and accountability to our brands”.

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Advertising Supermarket Accounting Promotions 52

365 Retail

JULY 28, 2021

Their apps open, supermarket executives also enquire: “But who’ll own the data …?”. The potential for real-time accounting and replenishment systems is unreal — not to mention the supply chain savings that live information from Just Walk Out will yield. And Amazon now offers other retailers this same ability.

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Retail Gazette

DECEMBER 27, 2023

While the discounter’s UK CEO Ryan McDonnell claimed there was “no ceiling” on its expansion plans, its latest accounts showed a £76m pretax loss for the chain in the year to February 2023, after interest paid on its borrowings nearly trebled to £108m. The retail giant also has nearly £3bn worth of debt. .

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Finance Accounting Supermarket Planning 103

Retail Gazette

JULY 18, 2023

Grocery price inflation has seen its biggest drop since it peaked in March thanks to an influx of supermarket promotions helping to bring down prices. The change comes as spending on promotions increased for the first time in two years, accounting for 25.2% of the market, due to more supermarkets introducing loyalty member pricing.

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Supermarket Grocer Promotions Accounting 97

Mass Relators

APRIL 13, 2021

NEW YORK— Store brands maintained their relative share in the mass retail marketplace in 2020, accounting for about one of every four purchases across major food and nonfood categories, according to the latest figures from the Private Label Manufacturers Association (PLMA). The report said 2020 brought a “reversal of trends” in the U.S.

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Marketing Supermarket Accounting Consumer 52

Retail TouchPoints

AUGUST 11, 2023

Mexican grocer Chedraui , Raley’s Supermarkets and Primark Stores have topped the National Retail Federation’s 2023 Hot 25 Retailers list, which ranks the fastest-growing retail companies in the U.S. Raley’s Supermarkets, No. If you look at their marketing, direct mail, communication that comes with the deliveries — it’s all emotional.”

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Grocer Wholesale Supermarket Consumer 231

Inside Retail

FEBRUARY 23, 2022

Specifically, the retail conglomerate said it had incorrectly accounted for long service rules across various states, as well as failing to properly pay team members overtime rates. Supermarkets were strong, Big W struggled. Woolies’ supermarket sector enjoyed a strong Christmas period, with sales up 3.2

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Supermarket Net Profit Accounting Fulfillment 130

Inside Retail

MAY 1, 2024

One entrepreneur hoping to capture a share of this growing market is Jordan Mylius, who previously drove the global growth of self-tanning and skincare brand Bondi Sands and is seeking to achieve a similar result with his recently launched hair care brand, Hairification.

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Inside Retail

AUGUST 17, 2022

Peters joined Woolworths as MD of supermarkets in 2017, before taking on her current role in 2020. In her five years with Woolworths Group, Claire has played a key role in transforming Woolworths Supermarkets and building the foundations of B2B and Everyday Needs,” said Woolworths Group CEO Brad Banducci. “In JB Hi-Fi NZ hires new MD.

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Supermarket Payment Services Marketing Accounting 130

Inside Retail

JULY 17, 2023

Ishpal and Serina Bajaj The story so far “When we started the brand back in 2017 in Malaysia, we realised that there was a huge gap in the market as there were no plant-based options available. The consumer packaged goods route is beneficial as we can be on shelves in supermarkets and drive growth by being in multiple touchpoints.

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Grocer Supermarket Wholesale Marketing 130

Retail Gazette

MARCH 26, 2024

The online grocer improved sales by 9.5%, ahead of the total online market which rose by 6.6%, to account for 1.9% The firm found that supermarket prices were 4.5% in the latest 12 weeks, holding a market share of 8.7% while Asda experienced a modest sales growth of 0.2%, with its market share now at 13.8%.

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Grocer Supermarket Accounting Marketing 65

Retail Gazette

MARCH 20, 2024

comparison, shown in an article on its website entitled “Which is the cheapest supermarket for Christmas dinner ingredients?” said: “We support this decision by the ASA: consumers should not be subjected to potentially misleading advertising and it is right that the regulator is holding Aldi to account. ” Which?

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Advertising Supermarket Grocer Consumer 65

Retail TouchPoints

MAY 19, 2023

Before the pandemic, tourism spending was 10% of global GDP and accounted for one quarter of new jobs. This doesn’t mean that your products don’t have to be attractive and of high quality — of course they do — but tourists don’t want to buy things from a supermarket, they want something new and different. Sticking to credit cards.

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Payment Services Supermarket Accounting Shopping 254

Inside Retail

OCTOBER 28, 2021

Reporting first-quarter results this week, Woolworths Supermarkets announced in-store sales of $10.6 per cent on the prior corresponding quarter, while Coles reported supermarket sales growth of 1.8 Retail expert and QUT professor of marketing Gary Mortimer noted that Woolworths is leading the way in the online grocery stakes.

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Supermarket Department Stores Returns Accounting 147

Retail Focus

JANUARY 24, 2023

When analysing market conditions, however, other factors need to be taken into consideration, including the geo-political climate and weather conditions. Source Pixabay For example, supermarket retailers saw a growth of 10.9% Source Pixabay For example, supermarket retailers saw a growth of 10.9% Sainsbury’s (SBRY.L)

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Supermarket Accounting Marketing Returns 130