Getting its costs in check: Amazon has been on an ongoing push under CEO Andy Jassy to focus squarely on its core businesses—like ecommerce, grocery, advertising, and AWS—and aggressively cut costs wherever possible.
Article
| Feb 2, 2023
A flurry of forces is changing how consumers eat and drink: Rising grocery costs, shifting work patterns, and practical considerations are causing people to adjust their dining habits.
Article
| Aug 15, 2022
“Gdz is a very human business. I’ve been in Amazon Fresh stores and the technology is cool, but they’re lacking something in terms of the quality of experience on a human level.”. The takeaway: Amazon ended the year in a dicey position. Slowing online sales were offset by an increase in ad revenues, but even those aren’t growing as fast as they once were.
Article
| Feb 21, 2023
Groceries were a major purchase among Walmart+ Week shoppers, with more than half buying groceries. However, shoppers who specifically signed up for Walmart+ to shop the sale were 2.3 times more likely to purchase travel services and 1.5 times more likely to purchase electronics compared with regular subscribers.
Article
| Sep 5, 2024
Like your weekly groceries—making that experience better and actually knowing what your customers are doing and when and when not to offer them a coupon. If a customer is doing something online versus walking into the store, if they’re not tracking every moment, they're not connecting those dots and so they’re always restarting the process.
Article
| Oct 27, 2022
Market turmoil and shifting client demands are forcing US asset managers to evolve their products and services. Asset managers need to overcome their lack of digital maturity to deliver personalized products and an enhanced client experience.
Report
| Aug 10, 2022
The startup had originally envisioned its remote-controlled robots for grocery delivery, but with that market contracting, it pivoted to the vending machine idea, illustrating the need for startups to be flexible given economic uncertainty. What’s next? Interest in robotics is unlikely to wane even during a potential recession.
Article
| Aug 11, 2022
The newest digital ad powerhouse is making the duopoly sweat, capturing 12.9% of the US digital ad market this year (behind Google’s 27.1% and Meta’s 19.5%). Amazon is expected to see its US ad revenues increase by $5.04 billion this year, more than that of Google and Meta combined ($3.34 billion). Amazon is moving beyond search ads to display, video, and streaming TV ads.
Article
| Aug 15, 2023
Vague moralizing about BNPL, like The Motley Fool Ascent’s advice to “just say no to BNPL—unless you really have no choice,” or disparaging using BNPL for groceries as the “height of personal desperation,” may be keeping consumers away.
Report
| Mar 25, 2024
Our primary research reveals how grocery buyers are responding to inflation.
Report
| Oct 25, 2022
It’s based on a January 2023 online survey of 1,005 US consumers, 61% of whom were non-credit union members and 39% of whom were credit union members. Its behavioral science approach seeks to help FIs understand why consumers choose certain payment methods, and how to best guide their behavior. What are the field marks of a budgeter and a non-budgeter?
Article
| Sep 12, 2024
IWSR expects omnichannel and on-demand retailers to gain share over brick-and-mortar as large supermarket chains make ecommerce investments and on-demand platforms provide consumer convenience. A trend toward premium: Sales of premium alcohol continued to grow last year even as total volumes declined, according to IWSR.
Article
| Mar 22, 2023
Walmart looks to improve its online shopping experience: The retail giant cut down clutter on its revamped website and app to entice shoppers to browse and buy.
Article
| Apr 3, 2023
You can tune in tomorrow to listen to the Reimagining Retail show, where our host Sara speaks with Ariel and Jeremy about where impulse buying fits online.
Audio
| Nov 7, 2023
And I think that's being deployed at a lot of grocery stores and big box retailers, but you could see that being helpful for in-store shopping across general merchandise categories as well. Particularly, if you're someone who thinks shopping in store can get a little bit overwhelming. And you're seeking or craving some of the merchandising tools or curation that's available online. Marcus Johnson:.
Audio
| Aug 16, 2024
Customers should be able to easily make these purchases while simultaneously picking up online orders. Sources. ChaseDesign. Morning Consult. Slickdeals.
Report
| Feb 23, 2023
The online grocer said average weekly orders rose 3.6% in Q1, while its active customer base grew 13.8% year-over-year (YoY). Persistent cost crunches: While there are reasons for optimism, retail growth in 2023 will be tempered by a number of factors. Grocery inflation remains at a record high.
Article
| Mar 29, 2023
Rewards should change with spending patterns, potentially focusing on everyday spending like groceries rather than travel to attract savings-conscious consumers. Embrace alternative payment methods. Higher rates could give nontraditional payment plans like buy now, pay later (BNPL) a chance to steal market share from credit cards as consumers seek out more flexible and interest-free payment options.
Article
| Jan 9, 2023
What's your prediction on when we're going to see Just Walk Out more widely adopted or let's say adopted in grocery stores? David Morris (17:28):. I'd go back, if it's grocery stores, large supermarkets, several years. I mean, there's a huge runway for just walkout and in other store formats, and I think it's going to be a matter of years until that's perfected at scale for a supermarket.
Audio
| Aug 14, 2024
Macy's and Best Buy are seeing a drop in sales of nonessential goods: Economic uncertainty, inflation force consumers to focusing on necessities like groceries.
Article
| Mar 2, 2023
Walmart+—which we forecast 16 million US households belong to—has gained traction by offering free delivery on low-cost groceries, along with other benefits such as discounts on gas and auto repair, and access to Paramount+.
Article
| May 30, 2024
Value for money: Grocery inflation in particular appears to be driving changes in behavior among high earners, to the benefit of club retailers and other value-oriented grocery stores. Roughly 75% of Walmart’s grocery share gains in Q2 came from shoppers with household incomes of $100,000 or more, per CFO John David Rainey.
Article
| Oct 14, 2022
The grocery question: Amazon’s decision to pull the plug on Amazon Fresh store openings underscores the difficulties the retailer has had in the physical grocery space. While the retailer hoped the convenience of its Just Walk Out tech would win it loyal shoppers, the stores offer a “soulless shopping experience,” per Winsight Grocery Business editor-in-chief Heather Lalley.
Article
| May 9, 2023
Like your weekly groceries—making that experience better and actually knowing what your customers are doing and when and when not to offer them a coupon. If a customer is doing something online versus walking into the store, if they’re not tracking every moment, they're not connecting those dots and so they’re always restarting the process.
Article
| Oct 25, 2022
Digital Transactions News. Engadget. Forbes. General Atlantic. IHL Group. Juniper Research. Morning Consult. PaymentsJournal. Paysafe. Protocol. PYMNTS.com. RIS News. Supermarket News. The Verge. Toast. US Census Bureau. Winsight Grocery Business.
Report
| Feb 28, 2023