AI can aid beauty ‘decision stress,’ Accenture survey shows
Accenture’s 2024 Consumer Pulse Survey Consumers highlights the issue of ‘decision stress’ during the beauty purchasing journey, a conflict that causes frequent basket abandonment.
Retail News
Albertsons sales slightly up in first quarter
Albertsons Cos. posted an slight increase in net sales for the first quarter of fiscal 2024, which ended June 15, 2024. Net sales and other revenue was $24.3 billion for the 16 weeks period, compared to $24.1 billion for the comparable period last year. The company said the increase was driven by
Boots plans to close 300 stores by end of summer
According to various published reports including Echo, Boots has announced the closure of hundreds of stores by the end of summer 2024. Out of the 300 planned closures, a few remain which are going to be shut in the upcoming months.
Curology expands retail footprint with launch in CVS stores nationwide
Curology, a dermatologist-powered and personalized skincare brand, announced Monday their newest retail expansion with CVS Pharmacy. Curology’s individual non-prescription skincare products can now be shopped at CVS.com and will be rolling out into 3,800 stores this August.
NielsenIQ launches expanded Liquor Channel Open State view
NielsenIQ (NIQ) has launched its new Liquor Channel Open State view, an expanded and enhanced measurement of the Liquor Off Premise Retail Channel.
Nusz named SVP of merchandising, essentials and beauty at Target
Amanda Nusz has been named senior vice president of merchandising, essentials and beauty at Target Corp., according to a post on her LinkedIn page. Nusz was previously in charge of the company’s Corporate Responsibility & Sustainability (CR&S) team.
Walmart aims to rule back-to-school with thousands of deals
Seeking to solidify its status as a top back-to-school shopping destination, Walmart kicked off the season Thursday by announcing deals on thousands of the products, from pens and backpacks to outfits and lunchboxes, all available for under $10.
Inflation concerns rise, AI, ice cream and back-to-school trends
Consumers are cutting back. In its July Consumer Digest, 84.51° reveals that shopper concern over inflation has risen to 66% – the highest level since March 2024.
CommerceIQ publishes proprietary data insights from Prime Day 2024
CommerceIQ, a leading retail ecommerce management (REM) platform, today released the results from their hour-by-hour analysis of Amazon’s Prime Day 2024 event, which took place July 16 – 17, 2024.
Circana reports steady retail sales continue into summer
U.S. retail sales numbers in June resembled May performance. During the four weeks ending June 29, 2024, revenue across the combined view of discretionary general merchandise and consumer packaged goods (CPG) once again grew 1%, and unit demand remained level with the same time last year.
Shoppers Drug Mart partners with Truvian Health
Shoppers Drug Mart has agreed to a commercial partnership with San Diego, Calif.-based blood testing startup Truvian Health. Truvian has created a printer-sized device that enables practitioners to perform a blood test in less than 40 minutes without sending the sample to a different lab.
Amazon announces record-breaking sales for 2024 Prime Day event
Amazon announced that Prime Day 2024 was Amazon’s biggest Prime Day shopping event ever, with record sales and more items sold during the two-day event than any previous Prime Day event. During the 48-hour shopping event, Prime members globally saved billions on deals across every category.
Kantar study details DEI impact on consumers
Kantar has released their annual Brand Inclusion Index for 2024, which ranks the most inclusive brands of the year based on recognition by consumers for setting a positive example by demonstrating a genuine commitment to DE&I. A key finding shows that 8 in 10 U.S.
Shekhar named VP of beauty at Walmart
Vinima Shekhar has been appointed vice president of beauty at Walmart. She succeeds Creighton Kiper, who was named senior vice president of home. Shekhar joined Walmart in 2018 in e-commerce and has worked in various areas of the merchandising business.
Meijer launches School Supply List technology
Meijer has launched a new feature in the Meijer app and website to help families seamlessly get the school supplies requested by their teachers.
Walgreens introduces Nice! For You brand
Walgreens is launching Nice! For You, a new tier of its popular owned grocery brand, Nice!, to help customers find food choices that help support their journey to a healthier lifestyle. Nice! launched in 2011 and offers a range of everyday food and beverage products at an incredible value.