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  • Tech Bytes: Three Reasons Amazon is Everyone’s Competitor

    Think quick – who are your top competitors? No matter what product category or channels you operate in, if your list of top two or three rivals doesn’t include Amazon.com, it probably needs updating.

    Staples CIO Tom Conophy has publicly identified Amazon as a prime competitor, and Walmart has launched a clear strategy of trying to one-up Amazon innovations like Prime Day and delivery drones. But even if you’re not a major big-box chain, Amazon still most likely represents a critical threat to your market share. Here are three reasons why.

  • The democratization of technology

    Merriam Webster defines democratize as “to make (something) available to all people.” We are
    witnessing the democratization of technology as technology providers are able to put
    increasingly powerful solutions in the cloud, making industry-leading capabilities available to
    even the smallest retailers.

  • U.S. leads the world in retail shrink

    Dishonest employees and shoplifters pushed shrink rates to record levels and earned the United States the distinction of leading the world in the least desirable of retail metrics.

    According to retailers surveyed for the Global Retail Theft Barometer, shrink rose in the U.S. from 1.28% of sales in 2013-2014 to 1.97% during 2014-2015. Globally, this compares to 1.42% , a figure also up from the previous .94% average of all common retailers surveyed the previous year.

  • Credit Suisse: Walgreens, Rite Aid deal doable with fewer than 1,000 store divestitures

    The Walgreens Boots Alliance/Rite Aid deal can pass Federal Trade Commission scrutiny with as little as 170 retail store divestitures, according to a proprietary analysis conducted by Credit Suisse, but the company will more likely be required to sell off some 950 stores.

  • Innovative Ways to Overcome Holiday Workplace Liabilities With Contractors and Temp Employees

    For a variety of retailers – from supermarkets, to restaurants, to department and convenience stores – the holiday shopping season represents the peak time of year for staffing up on temporary workers to help meet all of the increase in consumer demand. However, the need to staff up may be even greater this year as some companies have already been operating with limited capacity given the nation-wide labor shortage.

  • Sprouts is showing Whole Foods how it's done

    While Whole Foods Market and The Fresh Market struggle to eke out sales growth and profit, Sprouts Farmers Market is quietly emerging as a perennial winner in the grocery sector.

    Sprouts reported its third quarter results this week, and the company's financials exceeded company guidance and even Wall Street estimates.

    The grocery chain reported results for the 13-week third quarter ended Sept. 27 that included:

    • Net sales of $903.1 million, an 18% increase from the same period in 2014

  • Savings go seamless with Instacart’s new CPG solution

    Now that its service has gained traction with retailers, on-demand delivery provider Instacart has created a new promotional platform for brands to connect with shoppers.

  • What every retailer needs to know about holiday hiring

    For a variety of retailers – from supermarkets, to restaurants, to department and convenience stores – the holiday shopping season represents the peak time of year for staffing up on temporary workers to help meet all of the increase in consumer demand.

  • Meijer customers ready to gobble up bargains

    Meijer is practically giving away roughly 1 million turkeys this thanksgiving to help generate store traffic and boost transaction size.

    The Grand Rapids, Mich.-based operator of 223 stores said it planned to repeat a turkey promotion from last year that involved selling birds at half off as long as shoppers spend at least $20. The pricing discount applies to any size, brand or type of turkey. In the case of Meijer brand frozen turkeys, that means the price will be 52 cents a pound.

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