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Walmart partners directly with creators, providing tools and resources on a single convenient platform
November 14, 2022
Walmart is an early pioneer in the social commerce space and is always testing and learning in new channels, including shoppable livestreams, with the goal of better serving customers by meeting them when and how they want to shop.
Prepared Foods links retail consumer insights to innovation in a discussion with Barbara Connors, Vice President of Commercial Insights at 84.51˚, Cincinnati.
Q1 results finished less than 3% lower than a year ago as eGrocery continues to evolve
April 12, 2022
The Ship-to-Home segment experienced the largest sales contraction, plummeting over 30% in March compared to a year ago, from $2.1 billion to $1.4 billion. The decline was driven by a 13% reduction in the number of orders placed by Monthly Active Users combined with a 23% drop in the average order value.
The female-led natural food brand plans for innovation and e-commerce growth
February 3, 2022
Purely Elizabeth announced the closing of a $50M Series B financing round that will drive continued growth through product innovation, e-commerce, and investment in marketing
Nearly two-thirds of US adults agree that the pandemic has made them reevaluate their life priorities, according to Mintel research on American values. In food and drink, US adults say the pandemic caused the most change in where they eat, how they grocery shop and how they approach their diets.
New study highlights need for US grocers to improve online experiences, and growth opportunity for quick delivery brands
December 22, 2021
One of the main drivers for increasing online grocery shopping is personal safety; 35% of respondents cited safety as a key reason for choosing online over brick-and-mortar stores. However, convenience still dwarfs other drivers, with almost two thirds (59%) reporting this as the reason for choosing to shop online.
What some thought was temporary adaptation to an unexpected retail store challenge, has proven to be a transformational period for our industry with eCommerce in the forefront.
Euromonitor predicts the future of the retail environment
October 13, 2021
eCommerce drove 75% of the $3 trillion growth in global retail sales over the past decade, according to Euromonitor. This digital transformation is forcing retailers to redefine the use of traditional stores to enable immersive, personalized and optimized shopping environments.
Store to Bring Robot Grocery Delivery to Dallas Piloted robots will soon be delivering thousands of items to residents in Dallas
August 27, 2021
Convenience industry e-commerce provider, Vroom Delivery has partnered with last-mile delivery robot operator, Tortoise—founded by a former Uber executive—and Dallas convenience retailer Urban Value Corner Store to bring on-demand delivery of thousands of products to consumers' doors in the coming months.
New IRI research finds that in 2020 the CPG industry grew 10.3%, with smaller manufacturers collectively capturing nearly one-third of that growth
January 28, 2021
New research from IRI®, a global leader in innovative solutions and services for consumer, retail and media companies, found that small and extra-small CPG manufacturers’ and retailers’ own brands gained US market share over larger players during 2020. Of the CPG industry’s $933 billion of total US sales in measured channels in 2020, large manufacturers collectively lost 1.3 share points, or $12.1 billion in sales, to smaller players due to channel shifts, supply constraints and category shifts.