Retail TouchPoints

FEBRUARY 28, 2022

“Ontario joins Canada’s allies in condemning the Russian government’s act of aggression against the Ukrainian people, and will direct the [Liquor Control Board of Ontario] to withdraw all products produced in Russia from store shelves,” said Peter Bethlenfalvy, Finance Minister of Ontario in a tweet.

Grocer 233

Grocer Fashion Finance Supermarket 233

Retail Gazette

JANUARY 30, 2024

The supermarket’s CEO Simon Roberts said: “More customers are choosing to shop at Sainsbury’s, recognising our determined focus on value, product innovation and service.” Meanwhile, grocery price inflation eased at a slower rate this month, as the proportion of promotional products bought fell compared to December.

Supermarket 68

Supermarket ATS Grocer Accounting 68

Inside Retail

OCTOBER 15, 2023

US-based retailer Showfields, the self-described “most interesting store in the world”, filed for bankruptcy this month and will be restructuring through a form of Chapter 11 bankruptcy created during Covid to help small businesses continue operations, reorganise, and maintain control of finances without creditors taking over.

Department Stores 278

Department Stores Finance Grocer Location 278

Retail Gazette

MAY 13, 2024

The proposal, which is subject to planning approval, includes creating a new town centre at the heart of the Old Oak and Park Royal Development corporation major regeneration area. The grocer claimed sustainability would be at the heart of the new site, with the scheme providing significant biodiversity and ecology net gains.

Planning 108

Planning Supermarket Grocer Finance 108

Retail Gazette

JANUARY 5, 2024

The move follows evidence given by both GMB Union and the grocer’s bosses at a committee session before Christmas, which Asda co-owner TDR Capital did not attend. The £500m in borrowings are part of the debts taken on by the supermarket to finance the acquisition of the business back in 2021.

Supermarket 124

Supermarket Grocer Finance Accounting 124

Mass Relators

JUNE 3, 2024

His extensive industry experience will benefit our teams in developing strategies that drive exceptional value for our retail store shoppers, pharmacy patients and independent grocer customers.” ” Graham McIvor McIvor previously served as Vice President of Merchandising for Grocery, Snacks, Beverages and Pet at Big Lots.

Grocer 52

Grocer Wholesale Finance Marketing 52

Retail Gazette

DECEMBER 19, 2023

GMB national officer Nadine Houghton argues the grocer is being used by its owners as a “cash cow” and warns that rising interest rates will leave the retailer’s debt level “unsustainable”. The private equity-owned grocer is not alone in its quest to manage debt. But why is private equity so controversial?

Grocer 126

Grocer Supermarket Finance Returns 126

Retail TouchPoints

SEPTEMBER 14, 2021

Kroger reached more than $10 billion in ecommerce sales in 2021, and the grocer aims to double both its digital sales and profitability rate by the end of 2023, according to CEO Rodney McMullen. Convenience orders on Instacart are up more than 150% since May 2021, and nearly 20% of shoppers choose Priority Delivery at checkout.

Fulfillment 223

Fulfillment Grocer Checkout Finance 223

Retail TouchPoints

OCTOBER 26, 2020

What do you see as the biggest challenges retailers face at the moment? Consumers fear for their health and they fear for their finances, especially today with what is around 20 million. I think you’re going to have to look at it from a couple of perspectives, because it’s not in general across all of retail.

Grocer 335

Grocer Consumer Promotions Fashion 335

VMS

JULY 8, 2021

With Andy Jassy taking the reins from Jeff Bezos at Amazon this week, Yahoo Finance identified three main challenges the former now faces as the newly minted CEO of the Seattle-based e-commerce giant. Amazon has been under siege from different quarters,” says, Ari Ginsberg, professor at the NYU Stern School of Business.

Visual Merchandising 85

Visual Merchandising Finance Grocer Marketing 85

Retail TouchPoints

AUGUST 14, 2023

Preparing Internal Operations for Smart Stores The importance of operational preparedness is especially true for grocers implementing emerging technologies such as autonomous checkout, also referred to as seamless checkout. Michael Gabay is Co-founder and CEO at Trigo. It is similar to upgrading your smartphone.

Payment Services 201

Payment Services Checkout Inventory Management Grocer 201

Retail Gazette

OCTOBER 2, 2023

Along with fellow discount rival Aldi, the grocers have stolen significant market share away from traditional supermarkets, with the pair accounting for £1 of every £5.50 spent in grocers. Lidl, which is still growing at almost 20%, has almost £3bn of debts due to be repaid in the next five years.

Planning 58

Planning Grocer Supermarket Finance 58

Retail Gazette

OCTOBER 5, 2023

The search for the next chair of John Lewis Partnership is underway after current incumbent Sharon White revealed she would be stepping down at the end of her five-year term. Retail Gazette looks at some of the possible candidates who could replace White. Sound familiar?

Supermarket 110

Supermarket Department Stores Grocer Returns 110

Retail Gazette

APRIL 23, 2024

Retail Gazette looks at where discounters’ ambitious expansion plans stands now. ” Ben Green, principal at investment platform Atrato Group, believes loyalty member price schemes from traditional supermarkets such as Tesco and Sainsbury’s have meant the price differential between them and the discounters have narrowed.

Supermarket 71

Supermarket Grocer Planning Location 71

Retail Gazette

JULY 1, 2023

Ex-Ted Baker CEO Rachel Osborne has also joined the board of the online grocer Pets at Home has hired ex-Asda exec Steve Shirley as operations director for retail, completing the division’s senior leadership team. He will be replaced by existing Boots finance executive Sam Hunter.

Beauty and Health 58

Beauty and Health Fashion Grocer Wholesale 58

Retail TouchPoints

FEBRUARY 7, 2024

These are interesting attempts to remove friction in store environments and bridge the physical-digital divide, but they are as yet unproven at scale — although they are likely to have a place further in the future. But we do,” said Partap Sandhu, Head of Pricing at Rema 1000 during a session at NRF. in a session at NRF.

Point of Sale 237

Point of Sale Promotions Inventory Management Grocer 237

Rangeme

AUGUST 11, 2021

The Other Side of Coffee launched in 2020 with plans to make their debut at the Expo West show, but with the COVID-19 pandemic putting a wrench in this plan, the cousins took to alternative routes to get samples to retail buyers. This was our first real-world experience of working with a major retailer in the areas of finance and logistics.

ATS 105

ATS Consumer Grocer Planning 105

Retail Gazette

DECEMBER 21, 2023

As the year comes to an end, Retail Gazette looks at some of the biggest stories that rocked the sector over the last 12 months. The news came a month after White said that her big five-year plan that she promised would deliver £400m a year in profits at the department store and grocery group would be delayed by two years.

Grocer 114

Grocer Department Stores Fashion Planning 114

Retail Gazette

OCTOBER 5, 2023

With the cost-of-living crisis at the forefront of shoppers’ minds, it’s no surprise so shoppers have jumped ship from the traditional big four supermarkets to discounters. Retail Gazette looks at the different set of results and what the future holds for both discounters. Its market share increased from 6.1%

Supermarket 114

Supermarket Grocer Drop-Shipping Planning 114

Retail TouchPoints

SEPTEMBER 28, 2022

It cannot be done blindly, so retailers should look at the opportunities in front of them to help customers address their own pain points. For example, if you look at the grocery sector, it’s primarily a fight for loyalty rather than just one-off purchases.

Consumer 157

Consumer Accounting Grocer Finance 157

Mass Relators

SEPTEMBER 27, 2021

consumers reported that grocery stores are not doing a good job with COVID-19, compared to February 2021 when 50% of respondents reported grocers were doing a good job. After living with the pandemic for 20 months, consumers are now twice as concerned about their personal finances as they are about Covid itself.

Finance 52

Finance Consumer Grocer Returns 52

Mass Relators

AUGUST 16, 2022

We have become more than just a grocer. He has a great understanding of how we need to continue to evolve our company to grow, which will keep us on a path toward continued success as one of the best grocers in the U.S.”. He was promoted to his current position in December 2021.

Grocer 52

Grocer Promotions Finance Location 52

365 Retail

JUNE 21, 2021

Shares in Morrisons soared on Monday morning following confirmation of the rejection at the weekend, as the chain said potential bidder Clayton, Dubilier & Rice “significantly undervalued” the grocer with its 230p-per-share enquiry. Morrisons has snubbed a £5.5 Morrisons has rejected a 230p per share takeover offer worth around £5.5

Supermarket 75

Supermarket Grocer Finance Marketing 75

Mass Relators

SEPTEMBER 7, 2021

Yellow Banana is controlled by 127 Wall Holdings LLC, a minority-owned holding company co-founded by Walker Brumskine, Ademola Adewale-Sadik and Michael Nance, who met at Yale Law School, and seasoned retail operator Joseph Canfield. “We The post Save A Lot sells 32 stores to franchisee appeared first on MMR: Mass Market Retailers.

Grocer 52

Grocer Finance Promotions Shopping 52

Retail Gazette

JULY 18, 2023

Retail Gazette looks at why so many supermarkets have adopted this approach, whether it’s proving successful, and how loyalty programmes can stand out when so many retailers are offering member prices. With so many grocers bringing out member prices, how can retailers ensure their loyalty schemes stand out from the competition?

Supermarket 52

Supermarket Grocer Beauty and Health Promotions 52

Mass Relators

JUNE 21, 2021

based Southeastern Grocers Inc. Earlier this month Amazon unveiled its Amazon Returnship Program, intended to provide professionals who have been out of the workforce for at least a year with a return path to work. After that period, they will have an opportunity to move into full-time positions at Amazon. Noting that 4.5

Fulfillment 52

Fulfillment Grocer Finance Returns 52

Mass Relators

MARCH 30, 2022

ORLANDO – FMI -The Food Industry Association at the Midwinter Executive Conference on Wednesday announced its 2022 board of directors. Vice Chairman, Finance: Brian George, Alex Lee, Inc., Anthony Hucker, Southeastern Grocers, Inc., Immediate Past Chairman, Joseph Sheridan, Wakefern Food Corporation, Keasbey, NJ.

Wholesale 52

Wholesale Supermarket Grocer Finance 52

Retail Minded

NOVEMBER 8, 2022

University of Leicester’s Adrian Beck, a retail finance expert, estimates that moving half or more of transactions to self-service pushes losses 77% higher. It makes sense that grocers might not be sure which way to jump. Although self-service checkouts were first introduced in 1986 , they are still far from perfect.

Checkout 97

Checkout Payment Services Inventory Management Grocer 97

Indigo 9 Digital

APRIL 11, 2022

Trader Joe’s attracts customers looking for a bargain by selling items like wine, peanut butter and humus at low prices, between $2.00 You can also get bananas at Trader Joe’s for only 19 cents. Most grocers charge their suppliers fees for putting an item on the shelf. We buy in volume and contract early to get the best prices.

Grocer 98

Grocer Shopping Checkout Finance 98

Mass Relators

JANUARY 21, 2023

The awards were presented at FMI’s Midwinter Executive Conference Awards luncheon, which was sponsored by Unilever. As senior vice president and chief financial officer, he oversaw the development of the 2020 and Beyond Plan , which analyzed every facet of business at Associated Food Stores to identify opportunities for improvement.

Beauty and Health 52

Beauty and Health Grocer Merchant Services Consumer 52

Rangeme

JANUARY 11, 2022

In general, CPG factory workers in most markets have been exempt from stay-at-home orders during the pandemic due to strong demand for grocery and pharmacy essentials. In October, more than 3,700 retail buyers and brands from 68 countries discovered products through virtual meetings at ECRM’s 2021 Global Market: Fall Experience.

Beauty and Health 52

Beauty and Health Consumer Returns Grocer 52

Retail Geek

SEPTEMBER 24, 2021

And I feel like I’ve always been a criminal Jim but like everything’s too far apart like I have to walk too much I’m I’m very angry at the ice machine at the hotel. Scot: [2:02] Wrinkle will tell us what the buzz was at grocery shop. Jason: [1:14] Patience. Jason: [3:11] They did yeah and historically.

Grocer 98

Grocer Drop-Shipping Fulfillment Advertising 98

Inside Retail

MARCH 13, 2024

Retail aggregators (retailers that sell multiple brands, such as electricals, beauty, fashion, home improvement, sport & leisure, pure-play e-commerce, pets and pharmacies), represent the largest section of that market at $1.4 They’re gonna jump at the opportunity because you can’t get that on Channel Nine or with a newspaper.”

Advertising 130

Advertising Department Stores Finance Marketing 130

Retail Gazette

MARCH 14, 2024

” The partnership’s finance director Bérangère Michel says the business is in “good financial health” in pursuing the rest of its turnaround strategy and has secured the funding it needs for the remainder of the plan, helped by a £260m injection of cash from the sale and leaseback of 11 Waitrose stores and a new term loan.

Planning 110

Planning Department Stores Beauty and Health Supermarket 110

Retail TouchPoints

APRIL 6, 2023

The solution provider noted that grocers using its solution typically see a 3% sales increase, significant improvement in inventory turns and up to 25% less food waste — a result that would support the supermarket retailer’s sustainability goals. You need to have a governance team that looks at this in a much more comprehensive way.”

Payment Services 215

Payment Services Supply Chain Management Supermarket Accounting 215

Rangeme

DECEMBER 7, 2021

Amazon, Walmart, Macy’s , and Bed Bath & Beyond recently added this form of installment financing. It’s a ‘Go’ for Amazon’s Just Walk Out at Whole Foods. Beauty rewards 101: Sephora at Kohl’s and Ulta at Target bring extra perks for buying makeup. It’s expected to grow at a compound annual growth rate of 6.8%

Beauty and Health 52

Beauty and Health Consumer Grocer Shopping 52

365 Retail

AUGUST 23, 2021

Nevertheless, Morrisons was among grocers to post lower annual profits after being hit by high pandemic costs. Morrisons has been led by chief executive David Potts since 2015, alongside chief operating officer Trevor Strain, and chief finance officer Michael Gleeson. Who has agreed to buy Morrisons? billion US dollars (£2.4

Supermarket 59

Supermarket Grocer Returns Finance 59