Kroger Posts Strong Sales, Profit, In 3rd Quarter December 3, 2015: 12:00 AM EST Kroger Co., the No. 2 retail grocer in the U.S. after Walmart, reported higher-than-expected gains in third-quarter profit, thanks to tighter controls on costs coupled with strong sales. Wall Street expected 39 cents a share in profit and $25.2 billion in sales The company posted 43 cents in EPS, or a total profit of $428 million, up from $362 million, or 36 cents a share, in 2014. Revenue rose to $25.1 billion from $25 billion last year. The company’s forays into the natural and organic foods sector once dominated by specialty grocers have proven successful. CEO Rodney McMullen said the 3rd quarter results “demonstrate once again that our relentless focus on customers is the key to sustainable shareholder returns.” "Kroger Reports Record Third Quarter Results", News release, Kroger, December 03, 2015, © The Kroger Company

Domains RETAIL BUSINESS Market News Operations Geographies Worldwide North America United States of America

E. Coli Outbreak May Sabotage Chipotle’s “Buy Local” Tradition December 3, 2015: 12:00 AM EST Thanks to a severe E. coli outbreak, Chipotle Mexican Grill is making some major changes in its supply chain practices that could adversely affect its seven-year-old “buy local” commitment. The outbreak, whose cause has not been pinpointed, sickened 43 people and led to the temporary closing of restaurants in six states for deep cleaning. The health scare has hurt the company’s stock price, which dropped 11 percent in October and 9.5 percent in November, and slowed sales. In response, Chipotle has tightened safety standards, especially ingredients testing, for produce suppliers. Smaller local suppliers may not be able to meet the elevated standards, the company acknowledged, putting a crimp in its promise of using food grown locally. Leslie Patton, "Chipotle Tightens Standards Amid E. Coli Outbreak, Putting Buy-Local Pledge in Jeopardy", Bloomberg Business, December 03, 2015, © Bloomberg L.P.

Domains RETAIL BUSINESS Operations Geographies Worldwide North America United States of America

Bay Area Bagel Makers Endure Eastern Snobbery While Creating Something Unique December 2, 2015: 12:00 AM EST San Francisco’s expanding community of bagel makers endures the baleful frowns, sneers and carping of East Coast purists (and snobs). Yet they forge ahead, developing their own versions of the “proper” bagel. The result of all the experimenting is a “distinctly Bay Area bagel.” They are chewy, complex, crusty, sure, but they also have a “snap,” writes reporter Jonathan Kauffman, a “hint of barley malt” and “hint of acidity” that one might associate with sourdough. Tthe unique flavor comes not from sourdough, however, but instead from a blend of commercial yeasts and natural leavening. Bay Area bakers say they’re not consciously trying to create something distinctly different from the East Coast bagel. But they do admit to calling them “West Coast style.” Jonathan Kauffman, "Is the Bay Area developing its own style of bagel?", San Francisco Chronicle, December 02, 2015, © Hearst Corporation

Domains RETAIL BUSINESS Innovation Operations Products & Pricing Trends Geographies Worldwide North America United States of America

Kroger Promotes Kate Ward To Director Of Investor Relations December 1, 2015: 12:00 AM EST U.S. retailer Kroger Co. announced the appointment of Kate Ward as director of investor relations. Ward joined the company in 2001 as auditor and was transferred to Kroger’s capital management department in 2005. She succeeds Cindy Holmes who was promoted to senior director of pension investments. "Kroger Names New Investor Relations Director", Kroger, December 01, 2015, © The Kroger Co.

Domains RETAIL BUSINESS Operations Strategy Geographies Worldwide North America United States of America

Boston Grocer Gathers, Prepares, And Sells Affordable Healthful Food December 1, 2015: 12:00 AM EST A former Trader Joe’s executive has opened a nonprofit grocery store in Boston whose mission is to sell healthful, prepared food that poor people can afford. The basic business model of Doug Rauch’s Daily Table is to collect nutritious food destined for the waste bins, prepare it for busy shoppers, and sell it extremely cheaply. It attacks two problems at once: the huge amount (40 percent) of good food that is wasted and the fact that nutritious food can be too expensive in poor communities. “A healthy meal is a lot trickier [than junk food] because of the costs associated with fruits and vegetables, dairy, protein,” says Rauch. “These are expensive ingredients." Adele Peters, "This Grocery Store From Trader Joe's Ex-President Makes Healthy Food As Cheap As Junk Food", Fast Company, December 01, 2015, © Mansueto Ventures, LLC

Domains RETAIL BUSINESS Innovation Operations Products & Pricing Geographies Worldwide North America United States of America

Godiva Tries To Shed Stodgy Image December 1, 2015: 12:00 AM EST Godiva Chocolatier is trying to exchange its “more formal” image among chocolate buyers for a more accessible, approachable, but still “luxury” one. A new ad campaign emphasizes the theme – “It’s More Than Just Chocolate” – and introduces globally a “new look and feel” for the nearly 90-year-old confection brand. Part of the new look is a “whimsical” typography that suggests a pastry chef’s writing. For the holidays, the brand will take the chocolates out of their boxes in stores to achieve a less formal look. The company is expanding its advertising beyond in-store displays in retail shops, Macy's, and Barnes & Noble, to include digital advertising, content and influencer partnerships. An internally created digital video series will feature a chef talking about chocolate themes. Lindsay Stein, "Godiva Aims for 'Approachable Luxury' Feel in 2015 Holiday Campaign", Advertising Age, December 01, 2015, © Crain Communications

Domains RETAIL BUSINESS Advertising Brands Marketing Products & Pricing Strategy Geographies Worldwide North America United States of America

Salt Content Labeling Rule Takes Effect In Big Apple November 30, 2015: 12:00 AM EST The latest in New York City’s series of regulatory attempts to get its citizens to eat more healthfully took effect earlier this month. Chain restaurants are now required to tell diners – via a salt-shaker image on menu items – that the food contains more than the recommended limit of 2,300 mg, or a teaspoon, of sodium a day. Most Americans eat too much salt – an average of 3,400 mg a day – which increases the risk of high blood pressure and heart problems. Part of the problem is salt-rich food served at restaurants. A New York cheddar and bacon burger at TGI Friday's contains 4,280 mg, for example. But restaurant groups and salt producers say the city is overreaching. They are expected to challenge the new regulation in court. Jake Pearson et al., "NYC's novel salt warning rule set to take effect at chains", Associated Press, November 30, 2015, © Associated Press

Domains RETAIL BUSINESS Operations Regulation Geographies Worldwide North America United States of America

Burger Restaurants Top List Of Britain’s Favorites, Bookatable Says November 30, 2015: 12:00 AM EST A U.K. restaurant booking service’s analysis of its three million-diner database finds that burgers are booming in 2015. Bookings to burger eateries increased from just 21 in 2014 to over 30,000 in 2015. Part of the reason is an increase in the number of burger restaurants in the country: Bookatable added 71 restaurants to its database this year. Other hot cuisines include Scandinavian, barbecue, South East, Welsh, afternoon tea, Greek, Japanese and Thai. Cuisines that fell out of favor: Nepalese, Pakistani and contemporary Italian. In terms of meal times, breakfast bookings increased 24 percent from 2014 to 2015, while brunch bookings rose 72 percent. FDIN | Newsdesk, "Top British dining trends of 2015 revealed", The Food & Drink Innovation Network, November 30, 2015, © Food & Drink Innovation Network

Domains RETAIL BUSINESS Consumers Market News Research Trends Geographies Worldwide EMEA Europe United Kingdom

United States Private Label Market The Biggest In The World, Euromonitor Says November 27, 2015: 12:00 AM EST In 2014, the United States was the largest market for private-label products, according to Euromonitor. Data from the market research firm revealed private label accounted for 67 percent, or $9.7 billion, of the $14.5 billion total sales. With private label accounting for only 16 percent of the bread market’s $22.8 billion total sales, the market offers more opportunity for growth. Agne Reklaite, "Top 50 Largest Private Label Markets", Euromonitor International, November 27, 2015, © Euromonitor

Domains RETAIL BUSINESS Market News Private Label Geographies Worldwide North America EMEA Asia-Pacific United States of America Europe Japan United Kingdom France Germany

E. Coli Illnesses Traced To Recalled Packages Of Vegetable Mix November 26, 2015: 12:00 AM EST A packaged mixture of diced celery and onion has been recalled because an outbreak of E. coli-caused illness has been traced to it. Taylor Farms Pacific recalled the mix “out of an abundance of caution,” the FDA said in a statement. The mixture was used to make chicken salad, Thai-style salads, packaged dinners and wraps, and other foods sold by Costco, Target, Starbucks and other stores and restaurants. The illnesses of 19 people in seven states nationwide were traced to the vegetable mix. Costco posted signs in its stores and provided detailed purchase logs to the U.S. Centers for Disease Control and Prevention to help it track buyers and ingredient sources. Olga R. Rodriguez, "Farm recalls produce used in Costco salad linked to e. Coli", Associated Press, November 26, 2015, © The Associated Press

Domains RETAIL BUSINESS Products & Pricing Regulation Geographies Worldwide North America United States of America

French Companies Call On World Leaders To Sign Global Climate Change Deal November 26, 2015: 12:00 AM EST In France, a group of 39 companies, including retail giant Carrefour, is calling on the French COP21 presidency and all governments attending the United Nations Framework Agreement on Climate Change meeting in Paris to sign a global agreement that would help reduce greenhouse gas emissions. Seeking a deal that would help keep global warming at a maximum of 2 degrees Celsius, the companies believe that putting an economic value on carbon in major economic regions will help business leaders to see the impact of GHG emissions linked to their companies’ operating, investment, and R&D decisions. Some of the concrete steps being taken by these companies to improve sustainability include the use of active and passive energy-efficient solutions, development of low-carbon capacities, and reduction of emissions from the production and use of raw materials, products, or facilities. "French companies act on climate ", Carrefour, November 26, 2015, © Carrefour

Domains RETAIL BUSINESS Market News Operations Other Strategy Geographies Worldwide EMEA Europe France

Wal-Mart Sharpens E-Commerce Capabilities; Readies For Battle With Amazon November 25, 2015: 12:00 AM EST Wal-Mart Stores Inc. has reorganized its online retail operations to better compete with online giant Amazon.com Inc. Dubbed by the retailer as Pangaea, and started in 2012, the project has cost the company billions of dollars and involved acquiring 15 technology companies and the hiring of 3,600 new IT professionals. Chief technology officer Jeremy King, who saw the reorganization as an opportunity to “rearrange” the world’s biggest retailer, will determine how the company’s forthcoming $2 billion investment will be spent. Recognizing that search could help propel Wal-Mart’s online business, King pushed Kosmix, a data analytics firm acquired by the retailer in 2011, to build a search technology to replace Endeca, a search engine currently owned by Oracle Corp. Kim S. Nash, "Wal-Mart Revamps E-Commerce Technology as Amazon Applies Pressure", The Wall Street Journal, November 25, 2015, © Dow Jones & Company, Inc.

Domains RETAIL BUSINESS Online Operations Strategy Geographies Worldwide North America United States of America

Will Free Fruit Giveaway Change Customer Attitudes Toward Tesco? November 25, 2015: 12:00 AM EST Following the lead of an innovative Tesco store manager in Lincolnshire, the British grocery retailer has decided to test market the idea of giving away free fruit to children at 15 of its stores. The stores will take part in a four-week trial during which boxes of apples, bananas and oranges will be placed at entrances for parents to give to children. Though Tesco says the test is based on altruistic intentions, a more practical agenda may be in play. The company is locked in a battle for customers with grocery discounters and online food shopping sites. It is also dealing with some bad press due to an accounting scandal and shopper perceptions of high prices and poor customer service. Sarah Butler, "Tesco to trial free fruit for children", The Guardian, November 25, 2015, © Guardian News and Media Limited or its affiliated companies

Domains RETAIL BUSINESS Consumers Innovation Market News Marketing Strategy Geographies Worldwide EMEA Europe United Kingdom

New Thanksgiving Trend Focuses More On Friends Than Family November 25, 2015: 12:00 AM EST It would seem to be a trend among affluent Americans – the Millennials demographic, actually – because it’s unlikely that anyone else could afford it. The trend is called “Friendsgiving,” and the idea is basically to stage a Thanksgiving dinner for family, then another one for single friends. If one Thanksgiving is expensive and time-consuming to provision and prepare, imagine two or even three. An example is the Riley family of Harrisburg, Pa., who prepare a big turkey and ham for 20 friends each year, each of whom brings a dish they cooked up. The idea, which exploded on social media over the past few years, has also caught on among grocery retailers. Some chains, including Peapod, created marketing campaigns and social media promotions around #Friendsgiving. They have also included recipes on their blogs targeting Millennial celebrations with friends. Heather Long, "'Friendsgiving' -- America's new Thanksgiving trend", CNN Money, November 25, 2015, © Cable News Network

Domains RETAIL BUSINESS Marketing Online Operations Trends Geographies Worldwide North America United States of America

Tesco Settles U.S. Shareholder Action Over Accounting Scandal November 25, 2015: 12:00 AM EST UK retailer Tesco PLC agreed to pay $12 million in order to settle a shareholder lawsuit in the United States. Claiming that accounting irregularities inflated its share price, the plaintiff sued after Tesco revealed in September 2014 that it exaggerated first-half profit by £250 million. Tesco’s American depositary shares fell 15 percent the next trading day. Jonathan Stempel, "UPDATE 1-Tesco in $12 mln U.S. settlement over accounting scandal", Reuters, November 25, 2015, © Thomson Reuters

Domains RETAIL BUSINESS Operations Regulation Strategy Geographies Worldwide North America United States of America

Hispanic Consumers Prefer To Stick With Familiar Brands November 24, 2015: 12:00 AM EST Hispanic consumers in the United States tend to avoid uncertainties, preferring to buy brands they are familiar with, according to a study by Geometry Global. Data from the market research firm revealed advertisers should remember that Hispanics can switch between their Latino cultural codes and the American culture elements they have adopted. Unlike American mothers who tend to stick to their shopping list, Hispanic moms are more open to unplanned purchases and are more open to discovery. Hispanics are more focused on the “now,” driven perhaps by the fact that most of them are Catholics. Also, Hispanics have a collective cultural value, unlike the other cultures in the United States. "Understanding the Hispanic shopper", Media Life Magazine, November 24, 2015, © Media Life Magazine

Domains RETAIL BUSINESS Consumers Market News Geographies Worldwide North America United States of America

Evidence Of Wal-Mart Bribery In Brazil Uncovered, U.S. Probers Say November 24, 2015: 12:00 AM EST Retailer Wal-Mart Stores Inc. might have committed bribery in Brazil, according to evidence discovered by U.S. investigators. Federal prosecutors are focusing their investigation on $500,000 in payments they claim were paid to an individual hired to secure government permits needed for the construction of two stores in Brasilia, the country’s capital, between 2009 and 2012. Previous investigations made by lawyers from the Justice Department and the Securities and Exchange Commission, and agents from the Federal Bureau of Investigation and the Internal Revenue Service did not reveal enough evidence of Wal-Mart committing acts of foreign bribery in Mexico and India. Aruna Viswanatha and Sarah Nassauer, "U.S. Probes Possible Wal-Mart Misconduct in Brazil", Wall Street Journal, November 24, 2015, © Dow Jones & Company, Inc

Domains RETAIL BUSINESS Market News Operations Regulation Strategy Geographies Worldwide North America Latin America United States of America Brazil

Albertsons Gets Government Approval To Buy Back Some Stores It Had To Sell When It Acquired Safeway November 24, 2015: 12:00 AM EST U.S. Bankruptcy Judge Kevin Gross approved Albertsons Cos.’s plan to reacquire 33 stores it had to sell as part of the government’s requirements for approving its acquisition of rival Safeway Inc. In January 2015, the U.S. Federal Trade Commission approved the merger deal on the condition that the companies would sell 168 stores to preserve competition in the retail market in several Western states. Haggen Holdings LLC bought most of the stores; however, it struggled to make the stores work and had to close some of them. Brent Kendall et al, "Albertsons to Buy Back 33 Stores It Sold as Part of Merger With Safeway", The Wall Street Journal, November 24, 2015, © Dow Jones & Company, Inc.

Domains RETAIL BUSINESS Market News Operations Regulation Strategy Geographies Worldwide North America United States of America

Walmart Takes Another Attempt At Improving Inventory Management November 23, 2015: 12:00 AM EST Walmart is revamping its inventory by reducing the number of stock-keeping units. During the past year, the retailer has removed about 15 percent of its store displays and around 2,500 items from its store shelves. Walmart’s attempt in 2009 to rationalize its inventory failed because its SKU-reduction plan failed to consider what customers wanted. To make sure it does not repeat its mistake, Walmart’s inventory management plans include widening aisles up to 10 feet and revising restock times to make sure shelves do not run out of popular products. To ensure the success of its revised stocking strategy, Walmart should consider several methods, including transferability of demand, loyal customer analyses, and what-if and cross-shopping analyses. Bryan Pearson, "Walmart inventory cuts – 5 ways to make room for the best shoppers", Retail Customer Experience, November 23, 2015, © Networld Media Group, LLC

Domains RETAIL BUSINESS Consumers Marketing Operations Strategy Geographies Worldwide North America United States of America

Nordstrom, Sephora Go The Simple Path To Social Media Success November 23, 2015: 12:00 AM EST Retailers Nordstrom and Sephora found success with their respective social media campaigns during the period November 1–18, 2015, according to Shareablee. Results of the company’s review of retailers’ social media actions on Facebook, Twitter, and Instagram during the period revealed Nordstrom and Sephora used a simple strategy, often involving product photographs, but quite effective in ensuring consumer engagement. For example, a photograph of a sweater posted by Nordstrom on Twitter generated thousands of views and shares. Christopher Heine, "How Nordstrom and Sephora Are Nailing Social Media Going Into Black Friday And doing it with a simple strategy ", Adweek, November 23, 2015, © Adweek

Domains RETAIL BUSINESS Brands Marketing Online Operations Strategy Geographies Worldwide North America EMEA United States of America Europe United Kingdom

Sephora Adds Videos To New San Francisco Store November 19, 2015: 12:00 AM EST Sephora’s planned new store in San Francisco will incorporate videos as tools for both in-store marketing and consumer education. Sephora’s online marketing strategy included overcoming the disadvantages faced by brand channels on YouTube and other online video-sharing sites. Shoppers will be able to watch videos at the San Francisco store, ask for product-related information from store team members, and share content online. Homa Zaryouni , "Sephora Takes Video Strategy to the Stores", L2, November 19, 2015, © L2 Think Tank

Domains RETAIL BUSINESS Marketing Online Operations Geographies Worldwide North America United States of America

CPG Shoppers Are Heavily Influenced By Coupons, Sales, Bargains November 19, 2015: 12:00 AM EST Nielsen research finds that shoppers aren’t particularly loyal to CPG brands, especially if there’s money to be saved. A June 2015 survey shows that 60 percent of shoppers check out sales, coupons and other promotions online or on their smartphones before heading to a store to buy CPG goods. Another 28 percent are enticed by e-mails to visit online shopping sites. And 26 percent said they always compare prices online before heading to the store. More than any other type of influence, coupons influenced brand decisions for 15 percent of grocery shoppers. "Coupons and Deals Are Major CPG Influencers", eMarketer, November 19, 2015, © eMarketer Inc.

Domains RETAIL BUSINESS Consumers Marketing Trends Geographies Worldwide North America United States of America

Amazon Is Favorite Online Retailer Of U.S. Consumers, Survey Shows November 19, 2015: 12:00 AM EST In the United States, 51 percent of consumers said they plan to do most of their holiday online shopping at Amazon, according to a survey by Reuters/Ipsos. Results of the survey of 3,426 adults conducted on November 12–18, 2015, revealed 16 percent chose Walmart, 3 percent said they would shop online at Target, and 2 percent at Macy’s. Also, results of the study highlighted the obstacles that traditional retailers face in expanding their online retail business. Nathan Layne, "U.S. consumers favor Amazon for online holiday shopping", Reuters, November 19, 2015, © Thomson Reuters

Domains RETAIL BUSINESS Market News Online Operations Strategy Geographies Worldwide North America United States of America

Upstart Indian FMCG Pins Growth Plans On Consumer Insights November 18, 2015: 12:00 AM EST A small but ambitious Indian FMCG company with roots in retail believes it may have a marketing edge on the entrenched big brands that dominate the retail universe in the country. Future Group believes that its understanding of Indian needs and preferences will make a big difference. The company has learned that cheaper prices and fancy store displays don’t work as well as consumer insights. Consider body wash, for example, a product that does not sell well. Imported brands tend to be expensive and thick, made for consumers used to taking showers.  Future Group came up with a cheaper product, Think Skin, that is thinner and better suited for use with mugs and buckets. It is now a market leader. Ravi Balakrishnan, "Can FMCG newbie Future Group take on biggies Britannia & Unilever?", Economic Times, November 18, 2015, © Bennett, Coleman & Co. Ltd.

Domains RETAIL BUSINESS Brands Market News Marketing Private Label Strategy Geographies Worldwide Asia-Pacific India

New Phase Of E-Tail Exploits Social Media’s Unique Selling Advantages November 18, 2015: 12:00 AM EST E-tail has evolved to a new stage, beyond simply having a choice of products online and fast, cheap and convenient delivery. The new stage is called social commerce because it so heavily depends on social media users who develop an emotional connection with products first seen on sites like Facebook and Pinterest. These sites are adding Buy! Buttons as fast as they can. Facebook’s button could increase its annual revenue by 5-10 percent. Retailers and technology companies believe Instagram, with all of its product photographs, is an ideal platform to boost sales. They are developing systems to make shopping there possible. It may soon be possible to make customer photographs posted on Instagram “shoppable” from their own Web sites. Andrea Felsted, "Retail enters third phase of digital evolution", The Financial Times, November 18, 2015, © The Financial Times Limited

Domains RETAIL BUSINESS Market News Marketing Online Strategy Trends Geographies Worldwide North America EMEA Asia-Pacific United States of America Europe China United Kingdom

Amazon Becomes Online Retail Powerhouse; Leaves Most Competitors Behind November 18, 2015: 12:00 AM EST Online retailer Amazon.com’s investments in infrastructure and logistics have begun to pay off, according to market analysts. It is grabbing a growing share of the online retail markets in the United States and overseas, attracting more consumers to its Prime fast-shipping program, and is gradually realizing bigger profits from online sales. According to analysts, Amazon is so ahead of the game it is virtually impossible for other e-commerce companies to catch up with the online retail giant. Also, some analysts believe there are no credible competitors among other online retailers. This does not mean, however, that Amazon can relax at the moment. It faces serious challenges in the overseas market and that although it has seen rising sales in India, it continues to find it hard to break into China’s online retail market. Local online retail giant Alibaba’s sales and profits are exponentially larger than those of Amazon. Farhad Manjoo, "How Amazon’s Long Game Yielded a Retail Juggernaut", The New York Times, November 18, 2015, © The New York Times Company

Domains RETAIL BUSINESS Market News Online Operations Strategy Geographies Worldwide North America United States of America

Target Reports Strong Earnings For 3Q 2015 November 18, 2015: 12:00 AM EST Target reported adjusted earnings per share rose 8.6 percent to $0.86 for the third quarter of 2015. According to the retailer, it expects full-year 2015 adjusted EPS of $4.65 to $4.75. Comparable sales grew 1.9 percent during the quarter, which was near the high end of the company’s earlier forecast. Sales via the company’s digital channel grew 20 percent, accounting for 0.4 percentage points to the growth in comparable sales. For the quarter, the company returned $1.3 billion to shareholders through dividends and share repurchases. "Target Reports Third Quarter 2015 Earnings", Target, November 18, 2015, © Target Brands, Inc.

Domains RETAIL BUSINESS Operations Strategy Geographies Worldwide North America United States of America

Balmain Partners With H&M Anew To Launch Perfume November 18, 2015: 12:00 AM EST Perfume company Balmain continued its partnership with retailer H&M to launch the Balmain x H&M fragrance. Priced at $40, the unisex perfume will be available online and at H&M stores starting December 3, 2015. Marketed as an affordable high-end perfume, the scent was created by Balmain’s creative director Olivier Rousteing and H&M’s head of design Anne-Sofie Johansson. "Balmain x H&M maintains momentum, will launch fragrance", Luxury Daily, November 18, 2015, © Napean LLC

Domains RETAIL BUSINESS Brands Marketing Operations Strategy Geographies Worldwide North America United States of America

New England Retail Grocery Chain To Sell Carla’s Ready-To-Eat Pasta November 18, 2015: 12:00 AM EST A Connecticut ready-to-eat frozen pasta company has inked a distribution deal with 64-store grocery chain Big Y. Carla’s Pasta products to be sold at the Big Y stores include cheese ravioli, cheese tortellini, gluten-free penne and six cheese sacchettini, sold in a microwave bag that took ten years to develop. In addition, the stores will sell microwavable steam bag meals, which include mac and cheese, six-cheese ravioli with marinara, tortellini Alfredo and buttered noodles. The company also makes a line of frozen specialty raviolis in clam shell packaging. Carla’s was founded in 1978 by Carla Squatrito, who emigrated to the U.S. in 1968. "Local Renowned Pasta Manufacturer Launches New Frozen Pasta Line at Big Y", PR Newswire, November 18, 2015, © PR Newswire Association LLC

Domains RETAIL BUSINESS Marketing Operations Products & Pricing Strategy Geographies Worldwide North America United States of America

Target Launches First Ad Campaign Aimed At Hispanic Consumers November 18, 2015: 12:00 AM EST Target launched the #SinTraduccion, the retailer’s first advertising campaign focused exclusively on Hispanic consumers in the United States. Census data showing Hispanics accounting for one in six people in the US convinced Target to launch the campaign, according to SVP of marketing Rick Gomez. Highlighting Hispanic moments that cannot be translated into English, the campaign helped create deeper interaction with the target audience. Also, it has helped Hispanic customers see Target from the perspective of their own traditions and experiences, Gomez said. "Target Taps into 'Untranslatable' Moments for US Hispanic Campaign", eMarketer, November 18, 2015, © eMarketer Inc.

Domains RETAIL BUSINESS Consumers Marketing Operations Strategy Geographies Worldwide North America United States of America

Strange Culinary Bedfellows: Doughnuts And Pho November 17, 2015: 12:00 AM EST It’s a little early to tell, but it might be a sign of the times: the “hybrid” food trend morphing into a hybrid restaurant trend. A Fort Wayne, Ind., doughnut shop used to share space with a hot dog diner, but will now share with a Vietnamese restaurant. Mike’s Donuts and Pho Viet couldn’t be more opposite in cuisine. Doughnuts, after all, are loaded with sugar and fat. Vietnamese food – especially namesake pho soup with various vegetables – is fairly healthful eating. Also on the menu are noodle bowls, small salads, Vietnamese sandwiches, rice plates, appetizers, Vietnamese iced coffee, boba tea and more. Coming soon: beer and wine, if Pho Viet can get the appropriate licenses. Cindy Larson, "Restaurant Notes: Vietnamese eatery opens in doughnut shop", News-Sentinel.com, November 17, 2015, © Fort Wayne Newspapers

Domains RETAIL BUSINESS Operations Geographies Worldwide North America United States of America

Spending On Employees, Technology Pays Off For Walmart November 17, 2015: 12:00 AM EST Though investors were at first frightened about profit-depressing expenditures by Walmart – on e-commerce technologies and higher employee wages – there may be reasons tobe relieved. The company’s 3rd quarter results showed same store sales in the U.S. up for the fifth quarter in a row; store traffic increased 1.7 percent. The company acknowledged that its $1.2 billion “investment in our people” – i.e., wage hikes for thousands of employees – was the key driver of the big drop in consolidated operating income. But the increased pay for low-wage employees as jobs get more complicated and demanding has helped improve customer service, increase store cleanliness and reduce out-of-stocks. A key benefit is a big hike in customer satisfaction scores. Phil Wahba , "Walmart is Slowly Winning Back U.S. Customers", Fortune.com, November 17, 2015, © Time Inc.

Domains RETAIL BUSINESS Consumers Market News Marketing Operations Strategy Geographies Worldwide North America United States of America

Big-Name Personal Care Brands Dominate Search Rankings November 17, 2015: 12:00 AM EST Online shopping for personal care products is increasing, so the ranking of brands in search results is of paramount importance. P&G has had the greatest success in placing products at the head of the search line on the first page. P&G brands benefit from the company’s early online success and involvement in e-tail merchandising programs. A report on e-tailer strategy suggests that it’s tough for new brands to break into the top ranks because incumbents have an advantage. In diaper products, for example, P&G’s Pampers wins 40 percent first-page placement on Amazon and Walmart, while Kimberly-Clark’s Huggies leads on Target. Homa Zaryouni, "Search as the New Shelf Space", L2, November 17, 2015, © L2 Think Tank

Domains RETAIL BUSINESS Brands Market News Marketing Online Trends Geographies Worldwide North America United States of America

Number Of Product Reviews Determines Search Performance On Online Retail Sites November 17, 2015: 12:00 AM EST According to L2’s “Insight Report: Enterprise E-Tailer Strategy” report, the number of a product’s reviews affects that product’s search rankings on online retail sites. Results of the study revealed Procter & Gamble’s personal care products have significantly more product reviews than those of its rivals’ products. Brands can improve their review count by syndicating reviews from brand sites. Elisabeth Rosen, "More Reviews, More Visibility", L2 The Daily, November 17, 2015, © L2 Think Tank

Domains RETAIL BUSINESS Brands Marketing Online Geographies Worldwide North America United States of America

Beauty And Personal Care Brands Among Millennial Women's Favorite, Survey Shows November 17, 2015: 12:00 AM EST Beauty and personal care brands, such as MAC, Free People, Sephora, and PINK, are among the top 20 favorite brands of millennial women in the United States, according to a survey by Goldman Sachs. Results of the bank’s “Teen Vogue-GS millennial survey” revealed Topshop, Nasty Gal, and Free People are among the up-and-coming brands included in the survey’s “Brands Rising” list. Julie Verhage, "Goldman: These Are the Brands That Millennial Women Love", Bloomberg, November 17, 2015, © Bloomberg

Domains RETAIL BUSINESS Brands Consumers Market News Geographies Worldwide North America United States of America

Aldi, Lidl Boost Grocery Market Share In U.K., But Big Chains Are Fighting Back November 17, 2015: 12:00 AM EST British grocery store shopping data from Kantar show that discount German grocers Aldi and Lidl achieved a combined 10 percent market share in the quarter ended November 8. That’s double the market share from 2012. The two chains added a million shoppers from a year ago, and average spend per shopping trip was up four percent. With plans to open hundreds of stores in the short term, the two retailers are tightening their hold on British grocery shopping. Conventional grocers are fighting back, however. Sainsbury's most recent fiscal period saw a 1.5 percent increase in sales, a 0.2 percent increase in market share, and the distinction of being once again the second largest grocery chain behind Asda. Fraser McKevitt, "Aldi and Lidl reach combined 10% share", News release, Kantar Worldpanel, November 17, 2015, © Kantar Worldpanel

Domains RETAIL BUSINESS Market News Operations Geographies Worldwide EMEA Europe United Kingdom

Wal-Mart Sees Better Short-Term Revenue Performance; Reports Mixed Results For 3Q 2015 November 17, 2015: 12:00 AM EST Wal-Mart Stores Inc. reported same-store sales in the United States grew 1.5 percent in the third quarter of 2015, its fifth consecutive quarter of growth following a long period of contractions. Also, for the fourth straight quarter, the number of shoppers visiting Wal-Mart stores grew, rising 1.7 percent. Profit, however, dropped 11 percent, due to higher operating costs. Warning that profit is likely to continue declining, Wal-Mart lowered its long-term profit goals in August and in October 2015. During the quarter, the company reported profit reached $3.3 billion, down from $3.71 billion in the same quarter of the previous year. Worldwide revenue declined 1.3 percent to $117.41 billion, with results hampered by weak performance in markets, including Brazil and the UK. Sarah Nassauer, "Wal-Mart U.S. Sales Strengthen", Wall Street Journal, November 17, 2015, © Dow Jones & Company, Inc

Domains RETAIL BUSINESS Operations Strategy Geographies Worldwide North America United States of America

Walmart Posts Optimistic 3rd Q Financial Results November 17, 2015: 12:00 AM EST Better customer traffic and improvement in same store sales meant that Walmart topped earnings expectations in the third quarter, despite currency headwinds in Europe and competitive pressure from Amazon.com and dollar stores. Earnings per share ($1.03) for the 3rd quarter beat Wall Street expectations of $0.97 a share. Revenue slipped to $117.42 billion from $119 billion. On a constant currency basis, total revenue was $122.4 billion, an increase of 2.8 percent. Wall Street expected $117.82 billion. International net sales were $29.8 billion. On a constant currency basis, sales were $34.7 billion, led by Mexico and Canada. Operating income slid 6.4 percent, but increased 8.5 percent on a constant currency basis. "Walmart reports Q3 FY 16 EPS of $1.03, Walmart U.S. added $2.7 billion in sales, comp sales of 1.5%", Earnings release, Walmart, November 17, 2015, © Wal-Mart Stores, Inc.

Domains RETAIL BUSINESS Market News Operations Geographies Worldwide North America United States of America

Walmart Highlights Sustainability And CSR Achievements November 17, 2015: 12:00 AM EST Walmart said it has met its goal of reducing by 20 million metric tons the greenhouse gas emissions from its global supply chain. Made at the retailer’s Global Sustainability Milestone Meeting, the announcement also revealed the company was able to double fleet efficiency and expand its commitment to preserve wildlife habitat. Also, Walmart said it has completed several food and nutrition commitments and received an award from the Partnership for a Healthier America for its efforts to open stores in areas described as “food deserts.” "Walmart Marks Fulfillment of Key Global Responsibility Commitments", Walmart, November 17, 2015, © Wal-Mart Stores, Inc.

Domains RETAIL BUSINESS Operations Other Strategy Geographies Worldwide North America United States of America

Sephora Announces New Store Concept November 17, 2015: 12:00 AM EST Beauty retailer Sephora will reveal a new store concept when it opens a completely renovated location in San Francisco. Called the Sephora Beauty TIP Workshop, the outlet is designed as a prototype for the retailer’s future store design. Created to help teach, inspire, and play, or TIP, the store includes The Beauty Workshop, which will offer group beauty classes for customers. It will also host the store’s online gallery, which also functions as an online store. Also, the store will feature all of the company’s proprietary diagnostic technologies, such as Color IQ, Fragrance IQ, and Skincare IQ. Julie Naughton , "Sephora Unveils Beauty TIP Workshop Concept Store", Women's Wear Daily, November 17, 2015, © Fairchild Fashion Media

Domains RETAIL BUSINESS Brands Marketing Operations Strategy Geographies Worldwide North America United States of America

Asda Sees Lower Same-Store Sales In 3Q 2015 November 17, 2015: 12:00 AM EST Retailer Asda reported like-for-like sales declined 4.5 percent in the third quarter of 2015. Chief finance officer Alex Russo said, year on year, the company’s Back to School and Halloween sales grew 9 percent and 12 percent, respectively. Online grocery sales rose 6 percent during the quarter, while clothing sales via the company’s George.com website grew 30 percent during the period. Also, store efficiency savings were expected to deliver £100 million for the year, while efficiencies in logistics will deliver 3 percent in savings. "Asda Third Quarter Trading Update", Asda, November 17, 2015, © ASDA

Domains RETAIL BUSINESS Operations Strategy Geographies Worldwide EMEA Europe United Kingdom

Amazon Launches Prime Now One-Hour Delivery Service November 17, 2015: 12:00 AM EST Online retailer Amazon.com Inc. launched Prime Now, a delivery service that promises to send products to customers in an hour or less. Aimed at shoppers who are prone to making last-minute holiday purchases, the delivery service will cover Seattle, Chicago, New York, San Francisco, and other cities across the country. Offering the service is an “expensive bet,” requiring the company to keep inventory in cities where real estate and workers cost considerably more. Amazon, however, by combining the convenience of online shopping with the immediate satisfaction of going to a quick trip to the local store, poses a more serious threat to other retailers, including Target Corp. and Macy’s Inc. Spencer Soper , "Amazon's Holiday Shopping Target: The Procrastinator", Bloomberg Business, November 17, 2015, © Bloomberg L.P.

Domains RETAIL BUSINESS Marketing Online Operations Strategy Geographies Worldwide North America United States of America

Spicing Up Pizzas, Cakes, And Doughnuts With Spuds November 17, 2015: 12:00 AM EST Yet another way to add variety to pizzas and other baked goods is to use an unlikely vegetable – potatoes – as a topping or as a main ingredient. A New England pizza chain makes a mashed potato sauce for its Italian pies, but also offers a meatloaf, mashed potato and herb pizza, and a mashed potato, bacon, and scallion version. In Korea, pizza chains, including Pizza Hut Korea, routinely use frozen potatoes as a topping. Susan Weller of the United States Potato Board says potatoes can also be used in other kinds of baked goods to enhance texture, taste and shelf-life. "Potato doughnuts made with instant mashed potatoes are being offered at on-trend bakeries and cafes," she said. Other spud-based baked treats include potato cakes and chocolate potato doughnuts with crème anglaise. Cherryh Cansler, "Inescapable ingredients (Part 1): How the spud is innovating on traditional menu favorites", Fast Casual, November 17, 2015, © Networld Media Group, LLC

Domains RETAIL BUSINESS Innovation Operations Products & Pricing Trends Geographies Worldwide North America United States of America

Ahold Delhaize Names Additional Executive Committee Members November 16, 2015: 12:00 AM EST In anticipation of final approval of their merger, supermarket giants Royal Ahold (The Netherlands) and Delhaize (Belgium) have named the rest of the members of the executive committee of the merged company. The future committee will comprise current management board members as well as the four new members who will report directly to the Ahold Delhaize CEO Dick Boer: Marc Croonen, chief sustainability, transformation & communications officer; Hanneke Faber, chief e-commerce & innovation officer; Jan Ernst de Groot, chief legal officer; and Abbe Luersman, chief human resources officer. The merger, announced last June, is expected to be finalized by mid-2016. "Ahold and Delhaize announce future executive team of the intended combined company", News release, Royal Ahold , November 16, 2015, © Royal Ahold

Domains RETAIL BUSINESS Market News Operations Strategy Geographies Worldwide EMEA Europe Netherlands Belgium

The Fragrance Shop Raises £500,000 For Children's Charity November 16, 2015: 12:00 AM EST UK perfume retailer The Fragrance Shop said it has raised £500,000 for Rays of Sunshine, a charity organization that grants wishes of seriously ill children. Since it started raising funds for the organization in 2012, The Fragrance Shop has been donating 5p from every sale to the group. Sanjay Vadera, CEO of The Fragrance Shop, said support from customers has enabled the company to accomplish its goal of helping the charity spread joy to children. "The Fragrance Shop raises £500,000 for Rays of Sunshine", Cosmetics Business, November 16, 2015, © HPCi Media Limited

Domains RETAIL BUSINESS Marketing Operations Strategy Geographies Worldwide EMEA Europe United Kingdom

Falabella Thrives Despite Economic Slowdown In Chile, South America November 14, 2015: 12:00 AM EST Chile-based retailer Falabella reported net profits rose 16 percent to 95 billion pesos, or $136 million, in the third quarter of 2015. What makes this remarkable is that the company achieved this growth despite the economic slowdown affecting South America in general and the country in particular. Also, the company’s revenues rose 13 percent, compared with the previous year, despite the Chilean currency’s weakening compared with the dollar. Factors that have helped Falabella grow its business included its vast presence covering six countries in the region. In addition to its 101 department stores, the company also owns 102 supermarkets, as well as 39 shopping centers. "Retailing in South America: Cautious conqueror", The Economist , November 14, 2015, © The Economist Newspaper Limited

Domains RETAIL BUSINESS Market News Operations Strategy Geographies Worldwide Latin America Chile

Virtual Reality Expected To Drive Developments In Retail Market, Analysts Say November 13, 2015: 12:00 AM EST With popular adoption of virtual reality expected to begin in 2016, retailers are looking at the technology for direct sales applications and for enhancing customer experience. Market analysts forecast the number of active VR users to reach 171 million by 2018, data from a 2015 Statista survey revealed. In 2015, retailers, including The North Face and The Apartment, implemented VR initiatives. Emma Chiu, "Virtual reality shopping", J. Walter Thomson Intelligence, November 13, 2015, © J. Walter Thomson Intelligence

Domains RETAIL BUSINESS Innovation Market News Marketing Geographies Worldwide North America United States of America

Former P&G Exec Named To Target Board November 12, 2015: 12:00 AM EST Target named a former Procter & Gamble executive to its board of directors. Melanie Healey spent 25 years at P&G, most recently as group president and advisor to the chairman and CEO.  Prior to P&G, Healey, 54, worked at S.C. Johnson & Sons and Johnson & Johnson. Her career focus has been building wellness brands, a key emphasis and “signature category” of Target as well. "Melanie Healey Named to Target Corporation’s Board of Directors", News release, Target , November 12, 2015, © Target Brands

Domains RETAIL BUSINESS Market News Operations Geographies Worldwide North America United States of America

Lidl UK Announces Expansion Plans, Future Store Concept November 12, 2015: 12:00 AM EST Discount retailer Lidl UK announced its plan to invest £1.5 billion to open more than 280 stores in the M25 region and refurbish as many as 150 existing stores into “Lidl of the Future” stores. According to the company, revamping will cost £2 million for each store. Lidl opened its first store of the future in Rushden, Northamptonshire, which comes with a new design and environment-friendly and customer-focused design. "Lidl UK: Setting Itself Apart With 'Lidl Of The Future' Concept", Retail Analysis, November 12, 2015, © IGD Services Limited

Domains RETAIL BUSINESS Operations Strategy Geographies Worldwide EMEA Europe United Kingdom

European Retailers Use Smartphone Technologies To Personalize Shopping November 12, 2015: 12:00 AM EST French retailer Carrefour is testing strip light technology to track shoppers with smartphones and point them to tailored special offers. It’s the latest European initiative that uses smartphones to inform and guide shoppers – with their permission – to personalized promotions. Marks and Spencer in Great Britain sends text message ads to shoppers in or near its stores. (Three-fourths of British retailers use technologies, including facial recognition software, to track customers in stores, for both security purposes and personalized shopping.) German retailers use the smartphone app Shopkick to reward consumers with points when they visit stores and scan products. But older shoppers aren’t particularly in love with the advances. “We are being tracked to death,” said a 50-year-old Carrefour customer. “I guess I'm old school, but I want to keep my privacy." Dominique Vidalon and Emma Thomasson, "UPDATE 1-In latest retail tech, Carrefour lights have eyes", Reuters, November 12, 2015, © Thomson Reuters

Domains RETAIL BUSINESS Innovation Marketing Online Operations Geographies Worldwide EMEA Europe United Kingdom France Germany