Already have an account? Sign in.

 Remember Me | Forgot Your Password?
<<12345678910>> Total results:3588 References Per Page:

Get Revenge On Internet Trollers With A Cake

May 1, 2017: 12:00 AM EST
People victimized by Internet trolls and their hateful online comments can repay the perps with a cake, as long as they know the troller’s actual physical address. For a fee of $35, Brooklyn’s Troll Cakes Bakery and Detective Agency will bake a cake, decorate it with the troll’s hateful words, and then deliver it right to their door. Even if they don’t know the address – this is where the “detective agency” takes over – for $60 the service will research an unknown address and take it from there. The company even has a service for Donald Trump haters: it will decorate a cake with a customer’s favorite Trump tweet (or nasty comment) and send it to the White House. It’s called the “Tiny Hands Special.”  [Image Credit: © TrollCakes.com ]
Ben Hooper, "Bakery Returns Online Trolls' Comments to them in Cake Form", United Press International, May 01, 2017, © United Press International, Inc.
Domains
RETAIL BUSINESS
Innovation
Market News
Online
Operations
Products & Pricing
Geographies
Worldwide
North America
United States of America

Fast-Growing U.K. Beauty Services Venture Gets Cash Infusion From Unilever

April 27, 2017: 12:00 AM EST
Unilever Ventures is putting $4.5 million into rapidly expanding London-based on-demand beauty services provider Blow Ltd. to facilitate the company’s expansion to other U.K. cities and to the Continent. Blow, which has been expanding at a rate of 20 percent a month, is based on an advanced technology platform that allows customers to book time-saving, at-home beauty appointments using its website or smartphone app. The company calls it a reinvention of the service experience that also creates a new product distribution channel. Three-fourths of the app users are busy women looking to save time by having beauticians, manicurists, etc., come to the home. [Image Credit: © Blow Ltd ]
Natalie Theodosi, "Britain’s Blow Secures Unilever Ventures Investment, Plans Expansion", Women’s Wear Daily, April 27, 2017, © Penske Media Corporation
Domains
RETAIL BUSINESS
Brands
Market News
Operations
Strategy
Trends
Geographies
Worldwide
EMEA
Europe
United Kingdom

Amazon.com Posts Strong Sales Numbers In 1Q 2017

April 27, 2017: 12:00 AM EST
Online retailer Amazon.com, Inc., reported operating cash flow jumped 53 percent to $17.6 billion for the trailing 12 months ending March 31, 2017, compared with the same period in the previous year. Free cash flow grew to $10.2 billion, compared with $6.7 billion in the previous year. In the first quarter of 2017, net sales grew 23 percent to $35.7 billion, compared with $29.1 billion in the first quarter of 2016. Operating income dropped 6 percent to $1.0 billion in the first quarter, compared with $1.1 billion in the first quarter of 2016.
"Amazon.com Announces First Quarter Sales up 23% to $35.7 Billion", Amazon, April 27, 2017, © Amazon.com, Inc.
Domains
RETAIL BUSINESS
Online
Operations
Strategy
Geographies
Worldwide
North America
United States of America

Chinese Restaurant Chain Sees Big Opportunity In U.S., U.K.

April 27, 2017: 12:00 AM EST
A spicy soup chain based in Beijing plans to open 80 new restaurants this year, at least 10 of which will be outside China. Sichuan HaiDiLao, which offers free massages and manicures to customers waiting for service, already has an outlet in Los Angeles. It hopes to acquaint American and British diners with its specialty hotpots featuring steaming broths flavored with meat, vegetables and noodles. The idea is to introduce the world to genuine Chinese cuisine in much the same way U.S. food companies spread American eating styles. Because of prohibitive labor and other costs in the U.S., however, duplicating the company’s successful business model won’t be a simple task. But, says company chairman Zhang Yong, “As the Chinese economy grows and the world starts to put more focus on China, I believe there’s a chance for Chinese restaurants.” 
"This Restaurant Chain Wants to Bring Chinese Hotpot to the World", Bloomberg Pursuits, April 27, 2017, © Bloomberg L.P.
Domains
RETAIL BUSINESS
Market News
Operations
Strategy
Trends
Geographies
Worldwide
North America
EMEA
Asia-Pacific
United States of America
Europe
China
United Kingdom

Misconceptions Swirl Around Lidl As U.S. Debut Approaches

April 26, 2017: 12:00 AM EST
A Kantar retail industry analyst reports that attenders at a recent chain drug store meeting had one topic on their mind: the pending arrival of the first 20 U.S. stores of the German small-format discount chain Lidl.  He was amazed at “the level of misinformation swirling around the retailer.” Potential competitors believe, for example, that Lidl operates down-market stores, targets low-income shoppers from poor areas, and competes mostly with other discounters of its ilk, such as Aldi. In fact, however, Lidl is a mid-market retailer; its stores are austere but pleasant and attractive; shoppers represent all income levels; it underprices competition by double-digit percentages on branded items and sells high-quality private label products; and competes successfully with supermarkets and supercenters.
Mike Paglia, "It's Time to Get Real About Lidl", News release, Kantar US, April 26, 2017, © Kantar, a WPP Plc company
Domains
RETAIL BUSINESS
Market News
Operations
Private Label
Products & Pricing
Trends
Geographies
Worldwide
North America
EMEA
United States of America
Europe
Germany

Lidl Slovenia Receives Top Credit Rating From Bisnode

April 25, 2017: 12:00 AM EST
Discount retailer Lidl has received the AAA Gold Certificate of Excellence award from Bisnode, credit risk company Dun & Bradstreet's local partner in Slovenia. Awarded to companies that receive an above-average credit rating for three consecutive years, the recognition is based on results of analysis of the company's financial statements for the previous financial year.
"Lidl Slovenia Awarded 'AAA' Gold Certificate of Excellence", European Supermarket Magazine, April 25, 2017, © European Supermarket Magazine
Domains
RETAIL BUSINESS
Operations
Strategy
Geographies
Worldwide
EMEA
Europe
Slovenia

The Meal Kit Phenomenon Takes The World’s Kitchens By Storm

April 25, 2017: 12:00 AM EST
An alternative to fast food and traditional cooking has captured the attention of home cooks looking to serve fresh, nutritious meals that require little or no planning and very little preparation. For the past five years, meal kits have been purchased in grocery stores or delivered straight to the front door, globally or anywhere in the U.S. Examples of the phenomenon include Germany’s Hello Fresh, which delivers to 48 states and eight countries, and Blue Apron, which delivers nationwide. Locally produced kits, available at grocery stores and supermarkets, share one trait with those of the national companies: ingredients are fresh, take little time to cook – 25 to 40 minutes – and are convenient for weeknights or special occasions.  [Image Credit: © Blue Apron ]
Anne Kniggendorf, "What’s for Dinner? How About One of those New Grocery Store Meal Kits?", The Kansas City Star, April 25, 2017, © The Kansas City Star
Domains
RETAIL BUSINESS
Innovation
Market News
Operations
Trends
Geographies
Worldwide
North America
United States of America

Tesco Bengaluru Names BT India Manager New CEO

April 25, 2017: 12:00 AM EST
UK retailer Tesco's technology and retail operations unit Tesco Bengaluru said it has appointed Sumit Mitra as its chief executive officer. Mitra will succeed current CEO Glen Attewell later in 2017. At present, Mitra is India country manager and managing director of central business services at BT.
Brinda Dasgupta, "Tesco Bengaluru brings on board Sumit Mitra as CEO", Economic Times, April 25, 2017, © Bennett, Coleman & Co. Ltd.
Domains
RETAIL BUSINESS
Operations
Strategy
Geographies
Worldwide
Asia-Pacific
India

McDonald’s Continues To Ride The All-Day-Breakfast Wave To Profitability

April 25, 2017: 12:00 AM EST
Despite warnings that the all-day-breakfast fad would peter out soon, McDonald’s continues to ride a wave of earnings prosperity thanks to the menu ploy. The fast-food giant reported a surprising global same-store sales hike of four percent during Q1 of fiscal 2017, and a 1.7 percent hike in U.S. same-store sales. McDonald's pointed to continued success of its all-day breakfast menu, as well as Big Mac and drink deals, as reasons for the better-than-expected gains. And, although top-line sales slid four percent during the quarter, profit grew eight percent to $1.2 billion. Earnings per share hit $1.47, easily beating the Wall Street consensus of $1.33. [Image Credit: © McDonald's ]
Maggie McGrath, "The McBreakfast Bump Continues: All-Day McMuffins Boost McDonald's Q1 Sales", Forbes, April 25, 2017, © Forbes Media LLC
Domains
RETAIL BUSINESS
Market News
Operations
Strategy
Geographies
Worldwide
North America
United States of America

JCPenney And Sephora Plan To Open More Sephora Inside JCPenney Locations

April 24, 2017: 12:00 AM EST
JCPenney and Sephora expanded their partnership to open 70 new Sephora inside JCPenney stores and 32 expansions starting on May 5, 2017. First launched in 2006, Sephora inside JCPenney is a beauty retail concept that features carefully selected cosmetics and personal care brands available in JCPenney branches. In 2017, almost 650 JCPenney stores feature the retail concept.
"JCPenney Partners with Sephora to Expand Beauty Retail Offerings with 70 New Locations and 32 Expansions Nationwide", J.C. Penney, April 24, 2017, © J.C. Penney Corporation, Inc.
Domains
RETAIL BUSINESS
Marketing
Operations
Strategy
Geographies
Worldwide
North America
United States of America

“Blessed” Panera Streamlines Food Ordering, Ramps Up Delivery

April 24, 2017: 12:00 AM EST
Panera founder and CEO Ron Shaich says his company is “blessed” because it has not only applied the principle of “digital utilization” to streamlining the ordering process, its menu – soups, salads, sandwiches – is perfect for easy delivery to homes and businesses. This blessing has meant that the company can reduce the number of workers handling food, but has to hire 10,000 delivery people by the end of 2017, as it adds delivery services to as many as 40 percent of its eateries this year. The streamlining process, known as Panera 2.0, has meant changes across the board, including redesigned kitchens and reworked assembly lines, plus implementation of new ordering technology like digital kiosks.
Kate Taylor, "Panera is Replacing Cashiers with Robots — but it's Hiring Thousands of Workers for Another Task", Business Insider, April 24, 2017, © Business Insider Inc.
Domains
RETAIL BUSINESS
Innovation
Market News
Operations
Strategy
Trends
Geographies
Worldwide
North America
United States of America

Albertsons Says Interested In Buying Whole Foods

April 24, 2017: 12:00 AM EST
Supermarket owner Albertsons, owned by investment firm Cerberus Capital Management, is reportedly looking at the possibility of buying Whole Foods Market. According to sources, the buyout group has held exploratory talks with bankers regarding a possible bid for Whole Foods; however, no formal bid has been submitted yet. Albertsons' move came two weeks after activist investor Jana Partners said it has acquired a 9-percent stake in Whole Foods and is interested in seeing the grocer, which has a market value of $11.4 billion, a possible takeover target.
James Fontanella-Khan, "Albertsons explores bid for high-end grocer Whole Foods", Financial Times, April 24, 2017, © The Financial Times Limited
Domains
RETAIL BUSINESS
Operations
Strategy
Geographies
Worldwide
North America
United States of America

Smart Lock Technology May Solve Major E-Commerce Problem

April 21, 2017: 12:00 AM EST
One of the biggest worries of online buyers is the fate of a delivered product when the buyer isn’t at home. It can be stolen, rained on, or simply returned to the seller if too many delivery notices are ignored. This “cognitive load” dampens online sales – it's the number one problem inhibiting e-commerce – according to the founder of August Smart Lock. His technology automatically unlocks the door when the correct codes are presented, giving delivery companies one-time, specific-time, or anytime access to the house. A camera monitors the whole process. A pilot test showed that lock owners, though nervous at first, were extremely happy with the process. Bottom line: “This is how I want everything delivered to my house.” [Image Credit: © August Smart Lock ]
Daniel Terdiman, "How In-Home Package Delivery Could Save E-Commerce", Fast Company, April 21, 2017, © Mansueto Ventures, LLC
Domains
RETAIL BUSINESS
Online
Operations
Geographies
Worldwide
North America
United States of America

Lidl Launches Brand Awareness Campaign In Germany

April 21, 2017: 12:00 AM EST
Discount retailer Lidl said it plans to launch a brand awareness campaign in Germany. Featuring an image of a receipt, the campaign aims to highlight the company’s main focus – selling goods at discounted prices. To be launched on April 23, 2017, the campaign will feature a new brand design, as well as a new “sound logo.”
"Lidl Germany Launches New Brand Awareness Campaign", European Supermarket Magazine, April 21, 2017, © European Supermarket Magazine
Domains
RETAIL BUSINESS
Marketing
Operations
Strategy
Geographies
Worldwide
EMEA
Europe
Germany

Walmart Says Consolidated Net Sales Up In FY 2017

April 20, 2017: 12:00 AM EST
Walmart said consolidated net sales rose 0.6 percent ($2.7 billion) in fiscal 2017, but declined 0.7 percent in fiscal year 2016. According to the retailer, positive comparable sales, e-commerce sales, and a 1.3 percent year-on-year growth in retail space, boosted net sales in fisca; 2017. However, currency fluctuations and a $0.4 billion drop in fuel sales, due to lower prices at Sam’s Club, partially offset the positive effect. Comparable store and club sales in the U.S. rose 1.4 percent and 0.3 percent in fiscal 2017 and 2016, respectively, compared with the previous year.
"Walmart 2017 Annual Report", Walmart, April 20, 2017, © Wal-Mart Stores, Inc.
Domains
RETAIL BUSINESS
Operations
Strategy
Geographies
Worldwide
North America
United States of America

British Retailer Begins Revamping, Closing Stores

April 20, 2017: 12:00 AM EST
British department store chain Marks & Spencer is closing six stores as part of its planned operational overhaul, but vows to find jobs for all 380 employees affected by the move. The company said last year that closings and store conversions were in the offing to trim the amount of floor space devoted to faltering clothing lines. Thirty full-line U.K. stores – they sell homeware, clothing, and food – will be closed, while 45 will become food-only shops. The company has had to face the reality that customer shopping habits are changing: people don’t do “one big shop” anymore, and they often buy online and pick up in store. Even with the closings, the company is launching new stores, with 34 food and two full-line shops employing 1,400 staff coming online in the next six months.
Zoe Wood, "M&S to Close Six Stores as it tries to 'Stay in Tune' with Shoppers", The Guardian, April 20, 2017, © Guardian News and Media Limited or its affiliated companies
Domains
RETAIL BUSINESS
Market News
Operations
Strategy
Geographies
Worldwide
EMEA
Europe
United Kingdom

For Now, Aldi Is Top Dog In The Discount Retail Grocery Biz

April 20, 2017: 12:00 AM EST
Retail grocery analyst Planet Retail expects German food discounter Lidl to grow more robustly than competitor Aldi in the coming years, but it will not unseat Aldi as the global number one in discount food sales. Aldi’s sales in 2017 – including Aldi Nord and Süd – will total €83.3 billion ($89 billion), compared to Lidl’s €76 billion. But Lidl will catch up over the next five years. By 2022, both chains will be doing about €105 billion. The leveling out will take longer, Planet Retail says, because of Aldi’s strong, and growing, presence in the U.S., where Lidle is also beginning to establish roots. [Image Credit: © Aldi ]
"Aldi remains the number one worldwide discount store", FreshPlaza, April 20, 2017, © FreshPlaza
Domains
RETAIL BUSINESS
Market News
Operations
Geographies
Worldwide
North America
EMEA
United States of America
Europe
Germany

Year-Old Chain Of Quick Food Stores Succeeds With Healthful Meals

April 19, 2017: 12:00 AM EST
Convenience and nutrition are the watchwords of a rapidly-expanding chain of grab-and-go stores founded in Omaha, Neb., with outlets in Kansas, Missouri, Arizona, South Dakota, and Iowa. Eat Fit Go stores are based on a simple, but compelling, concept: fast packaged meals that are healthful. That means fresh, pre-portioned foods high in protein, low in sodium, mostly gluten-free and preservative-free, for breakfast, lunch, dinner, and snacks. The owners plan to open 100 more stores in 2017 – in Colorado, Georgia, Minnesota and Oklahoma – while introducing an e-commerce platform for home delivery. [Image Credit: © Eat Fit Go ]
Rachel Cernansky, "Grab-And-Go Model Fuels Fast Growth for Omaha-Based Health Food Store", New Hope Network, April 19, 2017, © Penton
Domains
RETAIL BUSINESS
Innovation
Market News
Online
Operations
Strategy
Geographies
Worldwide
North America
United States of America

Febreze Launches Walmart Campaign Featuring Olympic Gold Medalist Laurie Hernandez And Mom

April 19, 2017: 12:00 AM EST
Procter & Gamble's odor-control brand Febreze launched a campaign at Walmart featuring Olympic gold medalist and Dancing with the Stars champion Laurie Hernandez and her mother, Wanda. Marking the first time the brand's Walmart campaign has featured a Latina mother-and-daughter team, Febreze's marketing efforts aim to promote the new Febreze with OdorClear odor-eliminating technology. Also, Hernandez and her mother appear in an Odor Ode video campaign introduced in April 2017.
"Olympian, Dancing with the Stars Champion Laurie Hernandez Shares the Spotlight with Her Mom in New Campaign for Febreze at Walmart", Business Wire, April 19, 2017, © Business Wire, Inc.
Domains
RETAIL BUSINESS
Advertising
Brands
Marketing
Geographies
Worldwide
North America
United States of America

Walgreens Boots Alliance Elects Baxter International CEO To Board Of Directors

April 19, 2017: 12:00 AM EST
Walgreens Boots Alliance, Inc., said Baxter International Inc. chairman and CEO Jose E. Almeida has been elected to the retail and pharmacy chain's board of directors. Effective immediately, Almeida's appointment sees him join the board as an independent director and makes him its 11th member. Almeida has more than 25 years of experience in the health care market, including consumer health products, surgical instruments, and biopharmaceuticals.
"José E. Almeida, Chairman and CEO of Baxter International, Elected to Walgreens Boots Alliance Board of Directors", Walgreens Boots Alliance, April 19, 2017, © Walgreens Boots Alliance, Inc.
Domains
RETAIL BUSINESS
Operations
Strategy
Geographies
Worldwide
North America
United States of America

Sephora Buys Turkey's Cosmetics Retailer Tekin Acar

April 18, 2017: 12:00 AM EST
Beauty company Sephora has acquired Turkey-based cosmetics retailer Tekin Acar. Subject to approval by the country's Competition Board, the sale came several months after Tekin Acar chief executive Tekin Acar revealed his company and the market were “facing difficulties.” According to the executive, a growing number of local retailers are having financial difficulties.
"France’s Sephora acquires Turkey’s Tekin Acar Cosmetics", Hurriyet Daily News, April 18, 2017, © Hurriyet Daily News
Domains
RETAIL BUSINESS
Brands
Market News
Operations
Strategy
Geographies
Worldwide
EMEA
Europe
Middle East- Africa
France
Turkey

Kroger Appoints Angel Colon Senior Diversity Director

April 18, 2017: 12:00 AM EST
Retailer Kroger Co. said it has appointed Angel Colon as senior director of diversity. Kroger's director of multicultural development for merchandising since 2008, Colon succeeds Rueben Shaffer who retired in March 2017. Colon has 27 years of experience in the grocery industry, holding various management roles including product management, category management, and promotions.
"Kroger Names Angel Colón Senior Director of Diversity", Kroger, April 18, 2017, © The Kroger Company
Domains
RETAIL BUSINESS
Operations
Strategy
Geographies
Worldwide
North America
United States of America

E2open Picked To Manage Walgreens Boots’ Supply Chain

April 18, 2017: 12:00 AM EST
Walgreens Boots Alliance has selected E2open, a provider of a cloud-based supply chain operating network, to manage its Global Brands supply chain. Products in the cross-divisional portfolio of Global Brands include Boots Soltan, No7, Well at Walgreens, Soap & Glory, Liz Earle and Boots Pharmaceuticals. The E2open sales & operations planning (S&OP) solutions include demand planning, supply planning, inventory optimization, supplier collaboration, and sales and operations planning. Walgreens Boots Alliance spokesmen said E2open’s solutions will be critical to a transformation to “a seamlessly integrated organization that’s well positioned for further growth.”  [ E2open logo, image credit: © E2open  ]
"Walgreens Boots Alliance Selects E2open to Support its Global Supply Chain", News release, Walgreens Boots Alliance, April 18, 2017, © Walgreens Boots Alliance
Domains
RETAIL BUSINESS
Online
Operations
Strategy
Geographies
Worldwide
North America
EMEA
United States of America
Europe

Whole Foods Streamlines Operations, But At What Price?

April 16, 2017: 12:00 AM EST
Whole Foods Market needs to make some changes in how it operates to reverse same-store sales declines and keep investors happy. Specifically, says Jana Partners LLC, it needs to boost profit by switching to a centralized food distribution system and national buyers, like the big-box retailers. Innovations – data analytics, centralized purchasing, strict shelf management – implemented by a former Target exec are designed to streamline operations enough to cut costs, lower prices, and make it competitive with other retailers. But the company’s smaller suppliers, along with some industry consultants, argue that a change like that would compromise the company’s ability to quickly stock foodie trends and popular local brands. The changes may reduce costs, says one consultant, “but at what price to the soul of the banner?”  [Image Credit: © Whole Foods Market ]
Annie Gasparro et al., "Whole Foods Aims to Cut Prices but Keep Its Cachet", The Wall Street Journal, April 16, 2017, © Dow Jones & Company, Inc.
Domains
RETAIL BUSINESS
Market News
Operations
Products & Pricing
Geographies
Worldwide
North America
United States of America

Tesco Poland Plans To Scale Down Operations After Profits Decline

April 13, 2017: 12:00 AM EST
Tesco plans to downsize its retail operations in Poland in 2017, following a 3.6-percent drop in year-on-year profits in 2016. According to the retailer, its profit dropped to PLN 10.8 billion in fiscal 2016/17, compared with PLN 11.2 billion in the previous year. Tesco plans to close some stores in the country, reducing its retail space by about 33,000 square meters, according to the Rzeczpospolita newspaper.
"Tesco Poland profits slide, store closures expected: report", thenews.pl , April 13, 2017, © Polskie Radio S.A
Domains
RETAIL BUSINESS
Market News
Operations
Strategy
Geographies
Worldwide
EMEA
Europe
Poland

Tesco Reports Strong Sales Growth In 2016/2017

April 12, 2017: 12:00 AM EST
UK retailer Tesco reported group sales rose 4.3 percent to ₤49.9 billion for fiscal year 2016-2017. According to the company, like-for-like sales in the UK grew 0.9 percent, its first reported full-year growth since FY 2009/2010, and 1 percent across the group. Group operating profit before exceptional items jumped 30 percent to ₤1.28 billion. Group operating margin improved from 1.8 percent to 2.3 percent.
"Tesco Preliminary Results 2016/17", Tesco, April 12, 2017, © Tescoplc.com
Domains
RETAIL BUSINESS
Operations
Strategy
Geographies
Worldwide
EMEA
Europe
United Kingdom

Wal-Mart Eyes Hundreds Of Corporate Job Cuts In US

April 11, 2017: 12:00 AM EST
Wal-Mart Stores Inc. said it plans to cut more corporate jobs in the US in April 2017. While expanding its e-commerce operations, the retailer has confirmed plans to eliminate hundreds of job cuts affecting its international and technology businesses, as well as its Sam's Club warehouse operations. In 2016, Wal-Mart announced plans to make 7,000 back-office jobs redundant.
Nandita Bose, "Wal-Mart Eliminates More Corporate Jobs", Reuters, April 11, 2017, © Reuters
Domains
RETAIL BUSINESS
Operations
Strategy
Geographies
Worldwide
North America
United States of America

Sephora Names TEC Events Manager For Middle East Market

April 11, 2017: 12:00 AM EST
Beauty retailer Sephora appointed TEC to manage its marketing and other events across the Middle East. TEC's first assignment was the Middle East Sales, Marketing and Operating Conference held in March 2017 at Le Meridien Al Aqah, Fujairah, UAE.
Charlotte Flach, "Sephora appoints TEC", Conference & Incentive Travel, April 11, 2017, © Haymarket Media Group Ltd.
Domains
RETAIL BUSINESS
Marketing
Operations
Strategy
Geographies
Worldwide
EMEA
Middle East- Africa
United Arab Emirates

Starbucks Tests Vegan-Friendly, High-Protein Lunch Menu In The Windy City

April 11, 2017: 12:00 AM EST
One hundred Starbucks stores in Chicago are testing the new Mercato lunch menu targeted at diners looking for a vegetarian, protein-based lunch. The new menu items include salads, sandwiches, yogurt and fruit. Salad options, available at $8 or $9, include za'atar (Mediterranean spice blend) chicken and lemon tahini, green goddess avocado, seared steak and mango, and turkey and fire-roasted corn. Sandwiches ($5 to $8) include a Cuban, a burrata and basil pesto, and an almond butter with strawberries and jam. If the new lunch items are successful, the menu will roll out nationally. [Image Credit: © Starbucks ]
Samantha Bomkamp, "Starbucks Debuts New Lunch Menu at 100 Chicago Stores", Chicago Tribune, April 11, 2017, © Chicago Tribune
Domains
RETAIL BUSINESS
Innovation
Market News
Operations
Strategy
Geographies
Worldwide
North America
United States of America

Jana Partners Acquires Almost 9-Percent Stake In Whole Foods; Wants Retailer To Speed Up Turnaround

April 11, 2017: 12:00 AM EST
Activist investor Jana Partners LLC has acquired an 8.8-percent stake in specialty retailer Whole Foods Market Inc. Apparently not satisfied with the retailer's current directions, Jana Partners wants Whole Foods to speed up its turnaround efforts and to consider the likelihood of being acquired by another company. Whole Foods has so far failed to transform itself from being a popular niche player into a large, national retail chain. Since peaking in 2013, the retailer's stock has lost almost half of its market value.
David Benoit et al., "Activist Investor Jana Partners Takes Nearly 9% Stake in Whole Foods", The Wall Street Journal, April 11, 2017, © Dow Jones & Company, Inc.
Domains
RETAIL BUSINESS
Operations
Strategy
Geographies
Worldwide
North America
United States of America

Kiko Milano Launches Brazil Business; Opens Two Stores In Sao Paulo

April 11, 2017: 12:00 AM EST
Italian cosmetics brand and retailer Kiko Milano launched its business in Brazil by opening two stores in Sao Paulo. According to the company, it plans to open five more new stores in the country’s capital by the end of 2017. Kiko Milano plans to invest €5 million in the opening of the seven stores in the city, according to Isabel de Almeida, the company’s brand director in Brazil. Legal problems related to importation process forced the company to delay its launch in Brazil, which was previously planned for 2016.
Amanda Veloso, "Kiko Milano Celebrates 20 Years and Adds Brazil to its Global Expansion Strategy", Premium Beauty News, April 11, 2017, © Premium Beauty News
Domains
RETAIL BUSINESS
Operations
Strategy
Geographies
Worldwide
Latin America
Brazil

Fighting Food Waste Has Become A Scottish Obsession

April 10, 2017: 12:00 AM EST
Scots, especially those who dine out frequently, have come to terms with the fact that more than 53,000 tons of food are wasted each year in Scottish restaurants, and two-thirds of it could have been prevented. If they were ever skittish (or snooty) about using doggie bags or boxes, for instance, they are much less so now. More than 100 restaurants have committed to Scotland’s Good to Go scheme, under which eateries automatically pack leftover food in branded boxes and give it back to diners. A small change, yes, but experts say it could keep more than 800,000 edible leftover meals a year out of trash bins. It’s just one of the initiatives that have won Scotland a growing reputation as a leader in food waste prevention.  [Image Credit: © Zero Waste Scotland ]
Megan Tatum, "How Scotland Has Food Waste All Wrapped Up", The Grocer, April 10, 2017, © William Reed Business Media Ltd
Domains
RETAIL BUSINESS
Consumers
Operations
Trends
Geographies
Worldwide
EMEA
Europe
United Kingdom

Ireland's Grocery Market Contracts In March 2017, Kantar Says

April 10, 2017: 12:00 AM EST
Ireland's grocery market contracted by 0.7 percentage points month on month to -0.2 percent, according to Kantar Worldpanel. Data from the market research firm's latest report covering the 12-week period ending March 26, 2017, revealed Supervalu has regained the top spot on the list of the largest grocers in the country. Rival Dunnes Stores held the post for the past two months, the company said. Also, data showed local shoppers are buying more stores' own-label products, with private labels accounting for 54 percent of total grocery spend, an increase of 6 percent over the past four years.
"Irish grocery market returns to deflation", Kantar Worldpanel, April 10, 2017, © Kantar Worldpanel
Domains
RETAIL BUSINESS
Market News
Operations
Strategy
Geographies
Worldwide
EMEA
Europe
Ireland

Yum Brands Caves To Pressure: KFC Will Transition To Antibiotics-Free Chicken

April 7, 2017: 12:00 AM EST
Years of pressure from food safety and consumer advocates have finally nudged Yum Brands, owner of KFC, into the clean-label chicken camp. The company announced it plans to stop sourcing chicken from farms that use antibiotics over the next two years. McDonald's, Chick-fil-A, Pizza Hut and Taco Bell have all pledged to transition to antibiotics-free chicken because the widespread use of human antibiotics in animal husbandry seems to be contributing to the rise of drug resistant pathogens. With the shift by KFC, more than half of the nation's poultry supply chain will be antibiotic-free soon, according to advocates. [ Image credit: © KFC  ]
Geoffrey Mohan, "KFC Goes Antibiotic-Free", Los Angeles Times, April 07, 2017, © Los Angeles Times
Domains
RETAIL BUSINESS
Operations
Products & Pricing
Strategy
Trends
Geographies
Worldwide
North America
United States of America

Walgreens Expands Beauty Differentiation Retail Concept

April 7, 2017: 12:00 AM EST
Pharmacy and retail chain Walgreens is expanding its Beauty Differentiation beauty retail format to cover more than 1,000 additional store locations in 2017. According to the company, it is hiring beauty advisors to help support the program expansion. Walgreens said the expansion highlights the company's confidence in the retail concept.
Michael Johnsen, "Beauty format's success behind Walgreens expansion into 1,000 additional stores", Drug Store News, April 07, 2017, © Drug Store News
Domains
RETAIL BUSINESS
Marketing
Operations
Strategy
Geographies
Worldwide
North America
United States of America

Portland Ice Cream Parlor Uses Discarded Flavor Ingredients In Its Products

April 6, 2017: 12:00 AM EST
A small-batch ice cream shop in Portland, Ore., with a reputation for adventurousness in flavor combinations, is applying its expertise to a social/environmental cause – namely, food waste. Salt & Straw’s June menu will be featuring flavors of food that were otherwise destined for the trash bins. Included in the offerings at the artisan eatery, for examples, will be rum-soaked spices salvaged from the nearby East Side Distilling company, including Moroccan peppercorns, Sri Lankan cinnamon, Mexican vanilla, and California orange peel. The flavors will be re-steeped in cream and blended into frozen treats. Local food redistributors and anti-food waste organizations Urban Gleaners and the Portland Fruit Tree Project are collaborating with Salt & Straw on the project.  [Image Credit: © Salt & Straw ]
Janan Jay, "American Ice Cream Parlor is Making Flavors from Recycled Food", Stuff, April 06, 2017, © Fairfax New Zealand Limited
Domains
RETAIL BUSINESS
Innovation
Operations
Trends
Geographies
Worldwide
North America
United States of America

Amazon Announces Plan To Hire 5,000 Part-Time Customer Service Agents

April 6, 2017: 12:00 AM EST
Online retailer Amazon said it plans to hire more than 5,000 new part-time employees for is Virtual Customer Service program in 2018. Part of the company’s previously announced plans to hire 30,000 part-time workers in the US, the proposed hiring will strengthen the retailer’s capability to provide customer service. Virtual Customer Service employees are provided with the flexibility to do their job while working from home.
"Amazon to Create 5,000 New, Part-Time, Work-From-Home Jobs over the Next Year", Amazon, April 06, 2017, © Amazon.com, Inc.
Domains
RETAIL BUSINESS
Online
Operations
Strategy
Geographies
Worldwide
North America
United States of America

Panera’s Secret: Consumers Tend To Bypass Competitors To Get There

April 6, 2017: 12:00 AM EST
Panera Bread Co., whose acquisition by Krispy Kreme owner JAB Holdings for $7 billion was recently announced, is a paradigm of success in today’s restaurant chain world. Its menu is upscale and distinctive, the service is fast. But it really began to surpass rivals when three years ago it adopted its ”2.0 plan,” which featured advanced technology for customer ordering and payment, a commitment to clean food (i.e., no preservatives, no artificial or other dubious ingredients), and a sophisticated delivery system. The philosophy is summarized by CEO Ron Shaich: competitive advantage means “being a place where people want to walk past your competitors to come in." 
Zlati Meyer et al., "How Panera Won the Restaurant Game", USA Today, April 06, 2017, © USA Today
Domains
RETAIL BUSINESS
Market News
Strategy
Trends
Geographies
Worldwide
North America
United States of America

Walgreens Boots Alliance Misses Revenue Mark, But Profit Is Healthy

April 5, 2017: 12:00 AM EST
Walgreens Boots Alliance posted second quarter profit of $1.1 billion, an increase of 14 percent over the same period a year ago, on sales of $29.4 billion (a drop of 24 percent and short of expectations by $790 million.). Earnings per share were $0.98, an increase of 15.3 percent. The company said the earnings increases reflect the reduction in the fair value of the company's AmerisourceBergen Corporation warrants a year ago. The drugstore chain saved $1.5 billion, ahead of schedule from its cost transformation program. CEO Stefano Pessina said the results were pretty much what the company expected, “despite some challenging conditions,” and he was pleased with “the growth in pharmacy volume and market share.” The company is optimistic that regulatory agencies will green light its acquisition of Rite Aid by the end of July. [ Image credit: © Walgreens Boots Alliance  ]
"Walgreens Boots Alliance Reports Fiscal 2017 Second Quarter Results", Earnings release, Walgreens Boots Alliance, April 05, 2017, © Walgreens Boots Alliance
Domains
RETAIL BUSINESS
Market News
Operations
Geographies
Worldwide
North America
United States of America

Will Costco Put More Energy Into Online Bulk Sales?

April 5, 2017: 12:00 AM EST
Costco has for the most part downplayed the e-commerce side of its business while emphasizing store traffic, impulse buying, and a “treasure hunt” atmosphere of constant churning of new products. It’s a strategy that continues to be profitable. But investors and analysts think it’s time the bulk-selling giant adapts to modern times. The logistical technology is certainly available, even for Costco-size shipments. A Costco spokesman says the company has been slow on the uptake “on purpose,” but acknowledges “there are things we can do or should be doing.” Now it may be getting tougher: carriers like UPS and FedEx Corp. are beginning to charge based on package size as well as weight. [ Image credit: © Wikipedia  ]
Sarah Nassauer et al., "Why Costco Loves Store Sales: You Try Shipping a Tub of Mayo", The Wall Street Journal, April 05, 2017, © Dow Jones & Company, Inc.
Domains
RETAIL BUSINESS
Marketing
Online
Trends
Geographies
Worldwide
North America
United States of America

Pizza Chain Experiments With All-Natural Toppings, Gluten-Free Crusts

April 4, 2017: 12:00 AM EST
Papa John's announced it is test-marketing in Lexington, Ky., pizza with all-natural ingredients. The company is also offering customers the option of ordering gluten-free pizza crust. The company is partnering with an organic grocery delivery service, Green Bean Delivery, to home deliver pies topped with freshly-sliced roma tomatoes, green peppers and mushrooms, supplied by farms in Arizona, Florida, Pennsylvania, Kentucky, Oregon, California and Indiana. Gluten-free pizzas will only be available in the company's Los Angeles, Phoenix, St. Louis and Nashville markets for the immediate future. [ Image credit: © Papa John's  ]
Lindsay Rittenhouse, "Did Papa John's Just Start Testing the Perfect Pizza?", The Street, April 04, 2017, © TheStreet, Inc.
Domains
RETAIL BUSINESS
Operations
Products & Pricing
Trends
Geographies
Worldwide
North America
United States of America

Panera’s Stock Price Soars As Rumors Of A Sale Swirl

April 4, 2017: 12:00 AM EST
After receiving “takeover interest,” $6.5 billion Panera Bread is purportedly consulting with business advisors about the possibility of putting itself up for sale. Likely suitors include Starbucks, Domino’s, and JAB Holding, owner of a variety of brands such as Krispy Creme doughnuts and Keurig Green Mountain coffee. Panera’s stock has risen 28 percent over the past year, reaching an all-time high of $261.87 through the end of March. The stock bounded to $282.45 on April 4 when word of a possible sale leaked. None of the potential suitors commented publicly on the news.[ Image credit: © Miosotis Jade  ]
Ed Hammond, "Panera is Exploring Possible Sale after Receiving Interest", Bloomberg Markets, April 04, 2017, © Bloomberg L.P.
Domains
RETAIL BUSINESS
Market News
Strategy
Geographies
Worldwide
North America
United States of America

Panera Offers Greater Transparency Regarding Added Sugars, Calories

March 31, 2017: 12:00 AM EST
Panera Bread Co., recently acquired by the owner of Krispy Kreme Doughnuts, is the first restaurant chain to label its self-serve sodas and other foundation beverages with added sugars and calories. The federal government does not require such labeling by restaurants, thought it does for other food companies. The company also announced it is introducing six low- and no-sugar teas and lemonades. Panera is committed to phasing out artificial sweeteners and flavors, and is reviewing its entire menu based on the new sugar labeling guidance. The new drinks are being offered in New York, Washington, Atlanta and Charlotte, N.C. and will be available nationally later in 2017.
Chris Prentice, "Panera Rolls Out 'Added Sugars' Labeling on Fountain Drinks", Reuters, March 31, 2017, © Reuters
Domains
RETAIL BUSINESS
Operations
Products & Pricing
Strategy
Trends
Geographies
Worldwide
North America
United States of America

McDonald’s Big Logistical Leap: Quarter Pounders With Fresh Beef

March 30, 2017: 12:00 AM EST
After successfully testing the use of fresh beef Quarter Pounder burgers cooked to order in more than 400 of its restaurants in Texas and Oklahoma, McDonald’s announced it will roll out nationally over the next year. To accomplish this massive change, the company has secured the cooperation of Lopez Foods and other beef suppliers who will deliver fresh, rather than frozen, ground beef patties. The company said it “received overwhelmingly positive feedback from customers and employees” during the Oklahoma and Texas market tests and the decision to go national represents “a watershed moment.” The Quarter Pounder line includes the classic Quarter Pounder, the Quarter Pounder with Cheese, Double Quarter Pounder with Cheese, the Quarter Pounder with Cheese Deluxe and Signature Crafted Recipe burgers.
"McDonald's USA Unveils Next Big Change: Fresh Beef Quarter Pounders", News release, McDonald's, March 30, 2017, © McDonald's
Domains
RETAIL BUSINESS
Market News
Operations
Products & Pricing
Strategy
Trends
Geographies
Worldwide
North America
United States of America

Unilever And Lazada Strengthen Alliance For Better Ecommerce In South East Asia

March 30, 2017: 12:00 AM EST
An end-to-end alliance between Unilever and Lazada is expected to boost eCommerce in South East Asia and provide consumers with a superior online experience. The agreement is expected to push rapid growth in online retail for the region and address challenges such as high cost of product delivery in certain geographic locations. Category development, supply chain, data and marketing, social commerce and talent development are among the top focus areas for Unilever and Lazada to meet their common goal. The alliance builds on the previously launched partnership between Lazada Singapore and Unilever for an exclusive online store that allows buyers to purchase Unilever products. The companies say this is the first cross-functional collaboration for eCommerce in South East Asia and that it sets new standards in customer experience, supply chain and digital marketing.  
"Unilever and Lazada forge first in e-commerce cross-functional alliance", Unilever, March 30, 2017, © Unilever
Domains
RETAIL BUSINESS
Marketing
Online
Other
Geographies
Worldwide
Asia-Pacific
Singapore

Carrefour Becomes Brazil's Largest Retailer In 2016

March 29, 2017: 12:00 AM EST
Carrefour reported sales in Brazil reached BRL 49.1 billion, or €14.4 billion, in 2016, making it the top retailer in the country. Data from the Brazilian Association of Supermarkets showed Carrefour surpassed the BRL 44.9 billion, or €13.2 billion, GPA had in 2016. Walmart Brazil was at third place with BRL 29.4 billion, or €8.67 billion.
"Carrefour Surpasses GPA as Top Grocery Retailer in Brazil", European Supermarket Magazine, March 29, 2017, © European Supermarket Magazine
Domains
RETAIL BUSINESS
Market News
Operations
Strategy
Geographies
Worldwide
Latin America
Brazil

Robots Join Domino’s Delivery Force In German Test

March 29, 2017: 12:00 AM EST
The Domino's pizza chain is testing robot-delivered pizza in Europe in partnership with an Estonia start-up. The project is launching in Hamburg, Germany, within the next couple of months. Starship Technologies uses six-wheeled robots that are about two feet tall, weigh 40 pounds when empty, and move at a speed of four miles an hour. Deliveries The robots will deliver food within a mile radius of select Domino's locations. They can mover independently, but during the test will have a human chaperone to make sure nothing bad happens. [ Image credit: © Domino's Pizza  ]
April Glaser, "Domino’s is going to Use Sidewalk Robots in Germany to Deliver Pizza", Recode, March 29, 2017, © Vox Media, Inc.
Domains
RETAIL BUSINESS
Innovation
Market News
Operations
Geographies
Worldwide
EMEA
Europe
Germany

Peapod Customers Shopping More Often, Buying More, CMO Says

March 28, 2017: 12:00 AM EST
Peapod customers are using the online grocery delivery service more frequently and are increasing their basket size, according to the company's CMO Carrie Bienkowski. She said among the factors driving growth in the online grocery delivery service segment are millennials' preference for home-cooked meals and service providers' personalization strategies. Bienkowski described some of her company's personalization tactics, including customized homepage for existing customers and emails based on “transaction behavior.” Also, the company is focused on identifying customer segments, by evaluating transaction behavior.
Tricia Carr, "Peapod Customers Are Buying More, and More Often—Here's Why", eMarketer, March 28, 2017, © eMarketer Inc.
Domains
RETAIL BUSINESS
Marketing
Online
Operations
Strategy
Geographies
Worldwide
North America
United States of America

Chipotle Continues To Rid Its Food Of Artificial Ingredients

March 28, 2017: 12:00 AM EST
Chipotle Mexican Grill announced it has eliminated all added colors, flavors and preservatives from the ingredients it uses to prepare its food, but not beverages. Chipotle says it’s the only national food chain to accomplish this. The company’s plan to eliminate artificial ingredients began two years ago with the decision to get rid of unnecessary additives in tortillas it uses to make burritos, tacos, and chips. The new flour tortillas are made using only flour, water, canola oil, salt and yeast. Corn tortillas used for the chips are made only with corn masa flour and water. The ingredients changes will be applied in all Chipotle restaurants in the United States.
"Chipotle Becomes Only National Restaurant Brand to Use No Added Colors, Flavors or Preservatives in Its Food", News release, Chipotle Mexican Grill, March 28, 2017, © Chipotle Mexican Grill
Domains
RETAIL BUSINESS
Market News
Products & Pricing
Strategy
Trends
Geographies
Worldwide
North America
United States of America

Chipotle Works To Put Its Food-Poisoning Nightmare In The Rearview Mirror

March 28, 2017: 12:00 AM EST
Chipotle Mexican Grill continues to distance itself from the food-poisoning disasters it endured a couple of years ago by revamping the ingredients it uses in its menu items. In the latest move, the company announced its restaurants are now selling flour tortillas made without preservatives. In all, the chain uses only 51 ingredients – none are GMO – including some organic produce and meat raised without hormones. CEO Steve Ells said the strategy is to focus on “improving the basic, wholesome ingredients” rather than on limited-time offers, extra value meals or “menu proliferation.” The efforts to revive its tarnished reputation and boost sales have yet to kick in, however: same-store sales fell 4.8 percent in the most recent quarter.
Leslie Patton, "Chipotle's Menu Is Now Preservative-Free", Bloomberg Markets, March 28, 2017, © BLOOMBERG L.P.
Domains
RETAIL BUSINESS
Market News
Strategy
Geographies
Worldwide
North America
United States of America
<<12345678910>> Total results:3588 References Per Page:
>> <<
Developed by Yuri Ingultsov Software Lab.