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Followers: 82

Albertsons Companies posted another quarter of double-digit growth as the grocery industry continues to benefit from shifting shopping patterns due to the COVID-19 pandemic. Sales and other revenue rose 11.2% to $15.8 billion for the 12 weeks ended Sept. 12, 2020, up from $14.2 billion in Q2 ...

Blogs

 
Followers: 82

Albertsons Companies posted another quarter of double-digit growth as the grocery industry continues to benefit from shifting shopping patterns due to the COVID-19 pandemic. Sales and other revenue rose 11.2% to $15.8 billion for the 12 weeks ended Sept. 12, 2020, up from $14.2 billion in Q2 ...

 
Followers: 173

Despite a fiscal year made massively more complicated by the arrival of COVID-19, Walgreens Boots Alliance fourth-quarter logged another positive quarter. Total WBA sales grew by 2.3% versus a year ago to $34.7 billion for the quarter, but operating income declined, sliding 26%. Total pharmacy ...

 
Followers: 739

Key takeaways: Top-line sales grew at a record pace in September, fed by strong online and in-store growth. Spending at consumables-focused retailers improved, signaling that job gains are outweighing lower unemployment benefits. Home improvement and sporting goods remained the fastest-growing ...

 
Followers: 295

Before COVID-19 struck, many retail trends were emerging that the pandemic has only accelerated. At Kantar’s Retail Insights Conference, we will help you understand and unpack the following trends:  The great acceleration of ecommerce. Ecommerce held enormous growth potential even ...

 
Followers: 201

Amazon Prime Day kicked off today, October 13, with its first day of deals, but this year, the focus has shifted away from the blending of retail and entertainment that we saw in 2019 to be a more holiday-focused event. Furthermore, Amazon seems to be more overtly promoting across its full ecosystem. ...

 
Followers: 173

Third-party fulfillment service Shipt made news a few days ago when it announced a partnership with CVS to offer members free flu vaccinations through local CVS locations. While third-party fulfillment services have been partnering with drug retailers for simple fulfillment for some time, this ...

 
Followers: 445
BLOG POST

The 20-Year Crisis

13 Oct 2020  By: Ray Gaul

Humans love to create mythology. We love to discern patterns in history or nature that may or may not actually be patterns. Over the years, my colleagues and I have created more patterns than I can even remember. Some have worked. Some have failed. Often, I have enjoyed those that flopped far ...

 
Followers: 83

Emergence and Reactions to COVID-19 COVID-19 reached, impacted, and demanded action from countries on every continent. Although many countries responded to the same roadblocks differently, Canada and the US have similar societal and retail environments that led their major retailers to utilize ...

 
Followers: 62

Amazon Prime Day typically coincides with the beginning of back-to-school shopping but was delayed to October 13-14 this year so Amazon could focus on fulfilling more “essential” purchases during the early stages of the pandemic. The rescheduled Prime Day is poised to pull holiday ...

 
Followers: 173

2020 continues to offer us surprises, both inside and outside of retail. On October 7th, Rite Aid announced that they had entered into a definitive agreement with regional retailer Bartell Drugs to acquire the entirety of Bartell's 67 stores located in Seattle, Washington, and surrounding counties. ...

 
Followers: 173

In 2020, every day seems to hold a new shock announcement. On Monday, October 5th, Walgreens joined that chorus of surprises by introducing its yet-to-be-launched new loyalty program, myWalgreens. While Walgreens has yet to set an official release date, the retailer has already communicated ...

 
Followers: 445
BLOG POST

Preis, Preis, Maybe?

5 Oct 2020  By: Ray Gaul

Retail in the Week Ahead - Week 41 Kantar is holding a two-part webinar on European Discounters. This is the 18th year we’ve hosted this annual workshop designed for key account managers and their questions about how to improve results with Europe’s leading discounters. We hosted ...

 
Followers: 54

The Hut Group (THG), a British ecommerce business founded in 2004, has enjoyed phenomenal growth through acquiring beauty, nutrition, fitness and fashion brands. To date, the Manchester-based business has built an ecosystem of 200 websites operating across 40 currencies and 60 languages globally. Its ...

 
Followers: 254

Costco ended its fiscal year exhibiting strength on almost every front. In Q4, adjusted sales were up 14% and its comps mix also improved as traffic growth returned to positive territory even as ticket remained strong. Even its ancillary businesses like Costco Travel are seeing an uptick from ...

 
Followers: 445
BLOG POST

Stockpiling, Round 2

28 Sep 2020  By: Ray Gaul

Retail in the Week Ahead – Week 40 Stockpiling – in some places called ‘hamstering’ – creates more problems for consumers than it solves. It has been reappearing around the world in Weeks 39/40 and could cause many more headaches for suppliers and retailers before ...

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