Supermarket News
Albertsons Companies, Inc. (NYSE: ACI) announced it is introducing time and money-saving solutions for pet parents who are struggling to afford the cost of medications and veterinary services. . . . more
Thursday, October 27, 2022
DoorDash, Walgreens partner to deliver COVID medications
Supermarket News
As part of DoorDash’s work to broaden access to COVID-19 vaccines, tests, and treatments, we’re proud to announce a new initiative to provide critical COVID-19 treatments to people living in underserved communities across the U.S. Stepping up to answer the President’s call to action, we’re partnering with Walgreens to facilitate free delivery of prescriptions of Paxlovid, an oral COVID-19 medication that can reduce the risk of hospitalization and death, directly to the doorsteps of vulnerable Americans. . . . more
As part of DoorDash’s work to broaden access to COVID-19 vaccines, tests, and treatments, we’re proud to announce a new initiative to provide critical COVID-19 treatments to people living in underserved communities across the U.S. Stepping up to answer the President’s call to action, we’re partnering with Walgreens to facilitate free delivery of prescriptions of Paxlovid, an oral COVID-19 medication that can reduce the risk of hospitalization and death, directly to the doorsteps of vulnerable Americans. . . . more
‘The future is more local and it is more social’: Why Grocers are developing third spaces in stores
Modern Retail
The grocery store isn’t just a place to shop for essentials anymore. Some grocers are now dedicating spaces in the store for community members to gather and socialize — often referred to as ‘third spaces’. . . . more
The grocery store isn’t just a place to shop for essentials anymore. Some grocers are now dedicating spaces in the store for community members to gather and socialize — often referred to as ‘third spaces’. . . . more
Boot Barn says its store expansion strategy is paying off
ModernRetail
Boot Barn says it propelled sales forward thanks to store expansion — even as digital channels face headwinds. . . . more
Boot Barn says it propelled sales forward thanks to store expansion — even as digital channels face headwinds. . . . more
Is it Time for Dynamic Pricing in the Restaurant Industry?
QSR
As food and labor costs are increasing and consumers are reducing their spending, restaurant operators are facing the dilemma of either increasing their prices to maintain profitability or trying to “tough it out” so as not to upset their guests. . . . more
As food and labor costs are increasing and consumers are reducing their spending, restaurant operators are facing the dilemma of either increasing their prices to maintain profitability or trying to “tough it out” so as not to upset their guests. . . . more
Chipotle’s menu price hikes haven’t fazed high-income households
Restaurant Dive
Chipotle’s dine-in sales increased 22.1% year-over-year during Q3 2022, according to the company’s earnings release. Comparatively, dine-in sales rose 35.9% during Q2 2022. . . . more
Chipotle’s dine-in sales increased 22.1% year-over-year during Q3 2022, according to the company’s earnings release. Comparatively, dine-in sales rose 35.9% during Q2 2022. . . . more
Target triples Apple shop-in-shops ahead of holidays
Retail Dive
Target and Apple are deepening their relationship with added shop-in-shops and tech perks tied to the retailer’s loyalty program. . . . more
Target and Apple are deepening their relationship with added shop-in-shops and tech perks tied to the retailer’s loyalty program. . . . more
Wednesday, October 26, 2022
Report: NYC restaurants with outdoor dining recovered sales faster
Restaurant Dive
Restaurants and neighborhoods that participated in New York City’s Open Streets program, in which streets were closed to accommodate outdoor seeing, performed better than those that did not, according to a New York City Department of Transportation report released Tuesday. . . . more
Restaurants and neighborhoods that participated in New York City’s Open Streets program, in which streets were closed to accommodate outdoor seeing, performed better than those that did not, according to a New York City Department of Transportation report released Tuesday. . . . more
Aldi U.S. to up the ante in online grocery
Supermarket News
Aldi U.S. aims to get more serious with its website — in a big way. . . . more
Aldi U.S. aims to get more serious with its website — in a big way. . . . more
Report: Full-service chains surpass pre-pandemic sales
Restaurant Dive
This uptick in sales compared to pre-pandemic levels reflect the growing impact of inflation and rising menu prices on company operations. Full-service meal prices were up 8.8% during the last 12 months compared to an increase of 7.1% for limited service, according to the Consumer Price Index. . . . more
This uptick in sales compared to pre-pandemic levels reflect the growing impact of inflation and rising menu prices on company operations. Full-service meal prices were up 8.8% during the last 12 months compared to an increase of 7.1% for limited service, according to the Consumer Price Index. . . . more
How Halloween became a $10B business for retailers
Retail Dive
Driving through a neighborhood in October, it isn’t uncommon to find houses adorned in larger-than-life skeletons, inflatable characters, animatronics and other items to get into the spooky spirit of the season. . . . more
Driving through a neighborhood in October, it isn’t uncommon to find houses adorned in larger-than-life skeletons, inflatable characters, animatronics and other items to get into the spooky spirit of the season. . . . more
Americans still like Black Friday
CSA
Americans have not lost their affection for heading to stores on Black Friday. . . . more
Americans have not lost their affection for heading to stores on Black Friday. . . . more
Japanese sneaker, streetwear brand Atmos debuts women’s retail concept
CSA
Atmos has opened a space designed to address the underserved market of women's streetwear in the U.S. . . . more
Atmos has opened a space designed to address the underserved market of women's streetwear in the U.S. . . . more
Tuesday, October 25, 2022
Pep Boys’ shuttering of its auto parts business makes 81 storefronts available
CSA
Manny, Moe, and Jack have bid farewell to their auto parts business, leaving scores of retail spaces vacant for new occupants across the United States. . . . more
Manny, Moe, and Jack have bid farewell to their auto parts business, leaving scores of retail spaces vacant for new occupants across the United States. . . . more
Monday, October 24, 2022
COVID is Tough, but Velvet Taco's Growth Plan is Better
QSR
Velvet Taco began 2021 with fewer than 20 locations. In the nearly two years since, the fast casual has not only faced unprecedented inflation, but also an ownership change. . . . more
Velvet Taco began 2021 with fewer than 20 locations. In the nearly two years since, the fast casual has not only faced unprecedented inflation, but also an ownership change. . . . more
When grocery giants merge, consumers benefit
Fox Business
The announcement that grocery giant Kroger intends to buy rival Albertsons is already provoking speculation that the Federal Trade Commission will try to block the deal. . . . more
The announcement that grocery giant Kroger intends to buy rival Albertsons is already provoking speculation that the Federal Trade Commission will try to block the deal. . . . more
Indoor mini-golf/dining concept Puttshack continues U.S. expansion with new capital
CSA
An entertainment destination that combines tech-driven mini-golf with food and drink and whose creators include the founders of Topgolf has closed a new round of funding to support its U.S. expansion. . . . more
An entertainment destination that combines tech-driven mini-golf with food and drink and whose creators include the founders of Topgolf has closed a new round of funding to support its U.S. expansion. . . . more
Best Buy launches Mac laptop upgrade program with BNPL provider
CSA
Best Buy Co. Inc. is combining buy now, pay later (BNPL) financing with an upgrade option for select Mac Laptop models. . . . more
Best Buy Co. Inc. is combining buy now, pay later (BNPL) financing with an upgrade option for select Mac Laptop models. . . . more
Friday, October 21, 2022
Will the Kroger-Albertsons deal get past regulators?
Grocery Dive
Before it can complete its $24.6 billion deal to acquire Albertsons, Kroger will have to successfully navigate an intensive review process by regulators that are closely scrutinizing large mergers, experts say. . . . more
Before it can complete its $24.6 billion deal to acquire Albertsons, Kroger will have to successfully navigate an intensive review process by regulators that are closely scrutinizing large mergers, experts say. . . . more
Shifting Population Trends Impact the Restaurant Industry
QSR
More than two years after the pandemic, consumers and restaurant operators are experiencing varying conditions by market with results that can only be described as uneven. . . . more
More than two years after the pandemic, consumers and restaurant operators are experiencing varying conditions by market with results that can only be described as uneven. . . . more
Mall Do’s & Don’ts: Create a city within a city
CSA
DO…pay attention to what consumers are looking for. They want everything at their fingertips--food, entertainment, luxury goods, fitness, and wellness. They want it 24 hours a day. And they don’t want to commute all over town to get it. So you want to create a city within a city. . . . more
DO…pay attention to what consumers are looking for. They want everything at their fingertips--food, entertainment, luxury goods, fitness, and wellness. They want it 24 hours a day. And they don’t want to commute all over town to get it. So you want to create a city within a city. . . . more
Mall Do’s and Don’ts: Use empty anchors as the foundations for new experiences
CSA
DO…change the experience that’s been in existence for 30 or 40 years and doesn’t work anymore. Create an open, activated plaza experience. Create a sense of place. . . . more
DO…change the experience that’s been in existence for 30 or 40 years and doesn’t work anymore. Create an open, activated plaza experience. Create a sense of place. . . . more
Untuckit boosts store performance with traffic analysis
CSA
A direct-to-consumer apparel brand known for its signature untucked shirts is carefully observing customer behavior in its stores. . . . more
A direct-to-consumer apparel brand known for its signature untucked shirts is carefully observing customer behavior in its stores. . . . more
Jack in the Box unveils takeout-only prototype; looks to reduce buildout costs by 20%
CSA
Jack in the Box’s restaurant of the future is designed to meet the continuing demand for drive-thru service and mobile ordering. . . . more
Jack in the Box’s restaurant of the future is designed to meet the continuing demand for drive-thru service and mobile ordering. . . . more
The North Face to open 70-plus stores in North America
CSA
The North Face is expanding its footprint — at home and across the globe. . . . more
The North Face is expanding its footprint — at home and across the globe. . . . more
Tuesday, October 18, 2022
El Pollo Loco hires Dunkin’ VP as COO
Restaurant Dive
Maria Hollandsworth, a Dunkin’ regional VP of operations and formerly VP of strategic initiatives and operations services at Jack in the Box, will join El Pollo Loco as chief operating officer on Oct. 31, the company announced Monday. . . . more
Maria Hollandsworth, a Dunkin’ regional VP of operations and formerly VP of strategic initiatives and operations services at Jack in the Box, will join El Pollo Loco as chief operating officer on Oct. 31, the company announced Monday. . . . more
At Home introduces app, expands home delivery
CSA
At Home is busily adding to its omnichannel capabilities. . . . more
At Home is busily adding to its omnichannel capabilities. . . . more
Placer.ai: Big sales could bolster traffic at centers this holiday season
CSA
Overstocked inventories promise big bargains and strong traffic in shopping centers this holiday season. . . . more
Overstocked inventories promise big bargains and strong traffic in shopping centers this holiday season. . . . more
McDonald’s to sell Krispy Kreme doughnuts at 9 locations in latest menu experiment
CNBC Business
McDonald’s will sell Krispy Kreme doughnuts in select restaurants later this month for the first time. . . . more
McDonald’s will sell Krispy Kreme doughnuts in select restaurants later this month for the first time. . . . more
Largest Phenix Salon Suites Franchisee Continues Expansion, with More Than 50 Open Locations
Franchising.com
Phenix Salon Suites, the nation’s leading salon suite franchise turned international trailblazer, continues to prosper alongside its largest franchise operator, Kevin Davis, who has opened a total of 51 locations with the brand in ten years. . . . more
Phenix Salon Suites, the nation’s leading salon suite franchise turned international trailblazer, continues to prosper alongside its largest franchise operator, Kevin Davis, who has opened a total of 51 locations with the brand in ten years. . . . more
Survey: Physical stores dominate impulse purchases
CSA
When it comes to making impulse purchases, brick-and-mortar retail — specifically the aisle — trumps online. . . . more
When it comes to making impulse purchases, brick-and-mortar retail — specifically the aisle — trumps online. . . . more
Trader Joe’s expects to open three more stores by yearend
CSA
Trader Joe’s continues to expand its reach across the U.S. . . . more
Trader Joe’s continues to expand its reach across the U.S. . . . more
Monday, October 17, 2022
Do Restaurants Need Cashiers Anymore?
QSR
Trends have accelerated over the last few years. Customers want meals prepared fast and served in a convenient fashion. . . . more
Trends have accelerated over the last few years. Customers want meals prepared fast and served in a convenient fashion. . . . more
Dunkin’ fans, angered by rewards changes, say brand has lost its identity
Restaurant Dive
Changes to Dunkin’s loyalty program, which have made it more expensive to collect and redeem rewards, have prompted some customers to stop ordering from the coffee chain. . . . more
Changes to Dunkin’s loyalty program, which have made it more expensive to collect and redeem rewards, have prompted some customers to stop ordering from the coffee chain. . . . more
Is Kohl’s ready for a change?
Retail Dive
Kohl’s has had an eventful year, yet not much has changed. . . . more
Kohl’s has had an eventful year, yet not much has changed. . . . more
Friday, October 14, 2022
Coffee consumers, amid inflation, have new reasons to keep buying: Dunkin' Americas president
Fox Business
Record inflation has been taking a crack at many of America’s businesses and continuing to send prices for scores of products and services sky-high. . . . more
Record inflation has been taking a crack at many of America’s businesses and continuing to send prices for scores of products and services sky-high. . . . more
Walgreens beats sales expectations, as it expands its health-care business
CNBC Business
Walgreens Boots Alliance on Thursday exceeded fiscal fourth-quarter sales expectations, as the drugstore chain turns itself into a more health-care focused company. . . . more
Walgreens Boots Alliance on Thursday exceeded fiscal fourth-quarter sales expectations, as the drugstore chain turns itself into a more health-care focused company. . . . more
Kroger agrees to buy rival grocery company Albertsons for $24.6 billion
CNBC Business
Rival grocers Kroger and Albertsons on Friday announced plans to team up. . . . more
Rival grocers Kroger and Albertsons on Friday announced plans to team up. . . . more
Franchise Interest Soars for Niche Restaurant Concepts
QSR
From taquitos to dumplings to vegan versions of American fast-food classics, a growing number of fast-casual and quick-service concepts are turning to atypical menu items to entice customers and franchisees alike. . . . more
From taquitos to dumplings to vegan versions of American fast-food classics, a growing number of fast-casual and quick-service concepts are turning to atypical menu items to entice customers and franchisees alike. . . . more
JCPenney begins Black Friday on Nov. 1; closing stores on Thanksgiving
CSA
JCPenney is not wasting any time after Halloween to begin its holiday promotions, and is giving store employees a Turkey Day break. . . . more
JCPenney is not wasting any time after Halloween to begin its holiday promotions, and is giving store employees a Turkey Day break. . . . more
First Look: Pacsun unveils new store design
CSA
PacSun is transforming its store environment as it continues to expand its footprint. . . . more
PacSun is transforming its store environment as it continues to expand its footprint. . . . more
American Family Care Climbs Best-Performing Franchise Ranking
Franchising.com
American Family Care (AFC), the nation’s leading provider of urgent care, occupational medicine and accessible primary care, celebrates its latest ranking in the Franchise Times Top 500. . . . more
American Family Care (AFC), the nation’s leading provider of urgent care, occupational medicine and accessible primary care, celebrates its latest ranking in the Franchise Times Top 500. . . . more
Wednesday, October 12, 2022
Marylou's Opens in Waltham
Boston Restaurant Talk
A local chain of coffee shops whose locations are south of Boston has opened its first outlet in the western suburbs. . . . more
A local chain of coffee shops whose locations are south of Boston has opened its first outlet in the western suburbs. . . . more
Mace and Grady of KeyPoint Partners negotiate 876 s/f lease to Blank Street Coffee at 1380 Mass. Ave.
NEREJ
KeyPoint Partners negotiated a lease with Blank Street Coffee for an 876 s/f space at 1380 Massachusetts Ave. in Harvard Sq. Vice presidents of retail brokerage at KeyPoint Don Mace and Rob Grady negotiated the lease on behalf of the landlord. 1380 Mass. Ave. directly faces the pedestrian walkway near the entrance to the Harvard T station in Harvard Sq. and is directly across from Harvard Yard. . . . more
KeyPoint Partners negotiated a lease with Blank Street Coffee for an 876 s/f space at 1380 Massachusetts Ave. in Harvard Sq. Vice presidents of retail brokerage at KeyPoint Don Mace and Rob Grady negotiated the lease on behalf of the landlord. 1380 Mass. Ave. directly faces the pedestrian walkway near the entrance to the Harvard T station in Harvard Sq. and is directly across from Harvard Yard. . . . more
Trader Joe’s, Whole Foods, Publix among grocers in American Innovation Index
Supermarket News
Trader Joe’s led a group of food and drug retailers named to Fordham University’ 2022 American Innovation Index. . . . more
Trader Joe’s led a group of food and drug retailers named to Fordham University’ 2022 American Innovation Index. . . . more
Fat Brands opens first co-branded Johnny Rockets, Hurricane Wings restaurant
Restaurant Dive
Fat Brands has opened its first co-branded Johnny Rockets and Hurricane Wings restaurant, the company wrote in an email to Restaurant Dive. . . . more
Fat Brands has opened its first co-branded Johnny Rockets and Hurricane Wings restaurant, the company wrote in an email to Restaurant Dive. . . . more
Puttshack raises $150M in capital to support rapid US growth
Restaurant Dive
Puttshack has raised $150 million in growth capital from funds managed by BlackRock and ongoing support from Promethean Investments, the company announced Tuesday. . . . more
Puttshack has raised $150 million in growth capital from funds managed by BlackRock and ongoing support from Promethean Investments, the company announced Tuesday. . . . more
BJ’s opens new headquarters
CSA
BJ’s Wholesale Club Holdings Inc. has completed the move of its headquarters to a new location. . . . more
BJ’s Wholesale Club Holdings Inc. has completed the move of its headquarters to a new location. . . . more
Forever 21 opening 14 stores across the U.S.
CSA
Forever 21 has already begun a nationwide brick-and-mortar expansion plan — with an emphasis on outlet locations. . . . more
Forever 21 has already begun a nationwide brick-and-mortar expansion plan — with an emphasis on outlet locations. . . . more
Ulta makes its debut with Tanger Outlets
CSA
Outlet networks that traditionally rely on tourist sales for volume are now mixing in tenants to securemore steady local business. . . . more
Outlet networks that traditionally rely on tourist sales for volume are now mixing in tenants to securemore steady local business. . . . more
Thursday, October 6, 2022
Kicco Italian Coffee Is Opening by North Station in Boston
Boston Restaurant Talk
An Italian cafe that should be popular with commuters is on its way to Boston. . . . more
An Italian cafe that should be popular with commuters is on its way to Boston. . . . more
WSJ: Retail real estate is having a big year
CSA
The United States’ retail vacancy rate in the second quarter fell to its lowest level in at least 15 years—6.1%. . . . more
The United States’ retail vacancy rate in the second quarter fell to its lowest level in at least 15 years—6.1%. . . . more
Wednesday, October 5, 2022
Sports-restaurant concept Tom’s Watch Bar in new funding; expanding nationwide
CSA
A brand known for its “360-degree” viewing room is targeting “ultra-high” traffic locations as it expands nationwide. . . . more
A brand known for its “360-degree” viewing room is targeting “ultra-high” traffic locations as it expands nationwide. . . . more
Giant Food incentivizes customers with store-brand rewards
Supermarket News
Giant Food is giving loyalty program members the incentive to trade points for private-label items. . . . more
Giant Food is giving loyalty program members the incentive to trade points for private-label items. . . . more
Wendy’s drive-thru lanes struggle, while Chick-fil-A has the fastest service, report says
CNBC Business
Wendy’s is often credited with pioneering drive-thru ordering, but the burger chain’s drive-thru accuracy and customer satisfaction scores lagged behind its rivals this year, according to a new study. . . . more
Wendy’s is often credited with pioneering drive-thru ordering, but the burger chain’s drive-thru accuracy and customer satisfaction scores lagged behind its rivals this year, according to a new study. . . . more
KFC is bringing back a fan-favorite menu item
CNN Business
Kentucky Fried Chicken is bringing back a fan favorite after a nearly decade-long hiatus. . . . more
Kentucky Fried Chicken is bringing back a fan favorite after a nearly decade-long hiatus. . . . more
Moody’s Analytics: To survive, malls must share in the risks of their tenants
CSA
American malls must attain average sales per sq. ft. of at least $520 to stay in business—minus the sales of high-volume tenants like Apple and Lululemon. . . . more
American malls must attain average sales per sq. ft. of at least $520 to stay in business—minus the sales of high-volume tenants like Apple and Lululemon. . . . more
Kohl’s joins other retailers in kicking off holiday deals in October
CSA
Early holiday promotions are fast becoming a trend in the retail industry. . . . more
Early holiday promotions are fast becoming a trend in the retail industry. . . . more
Discount Tire unveils drive-thru store concept
CSA
Discount Tire is aiming to change the traditional tire service and buying experience for customers. . . . more
Discount Tire is aiming to change the traditional tire service and buying experience for customers. . . . more
Tuesday, October 4, 2022
Trader Joe's finally brings back free samples
CBS Boston
Freebies are back at the grocery store after a long pandemic hiatus. . . . more
Freebies are back at the grocery store after a long pandemic hiatus. . . . more
Monday, October 3, 2022
Shake Shack Vies for Gen Z by Entering Gaming World
QSR
As brands vie for Gen Z’s ever-fleeting attention, Shake Shack is betting on gaming—specifically, one that targets younger generations whose schedules allow for hours spent simulating idyllic lives. . . . more
As brands vie for Gen Z’s ever-fleeting attention, Shake Shack is betting on gaming—specifically, one that targets younger generations whose schedules allow for hours spent simulating idyllic lives. . . . more
Yum! is 'Scanning Categories' for a Potential Acquisition
QSR
Yum! Brands, already the biggest restaurant company in the world, is actively "scanning categories" in the M&A market, said CFO Chris Turner at the 13th Annual U.S. All Stars Conference in London. . . . more
Yum! Brands, already the biggest restaurant company in the world, is actively "scanning categories" in the M&A market, said CFO Chris Turner at the 13th Annual U.S. All Stars Conference in London. . . . more
3 ways retailers can drive private brand growth
Supermarket News
Retailers report having strong goals over the next two years for their private brand portfolio, with a current average dollar share of 18.2% and an ambitious goal of 22.6% in the next two years, according to a new report from The Food Industry Association (FMI). . . . more
Retailers report having strong goals over the next two years for their private brand portfolio, with a current average dollar share of 18.2% and an ambitious goal of 22.6% in the next two years, according to a new report from The Food Industry Association (FMI). . . . more
Who needs another subscription service? Walmart is betting its millions of customers do
CNBC Business
Americans have tons of subscriptions. Even with inflation, Walmart thinks they’re willing to pay for one more. . . . more
Americans have tons of subscriptions. Even with inflation, Walmart thinks they’re willing to pay for one more. . . . more
18 retailers at risk of bankruptcy as consumers tighten wallets in 2022
Retail Dive
Last year was a great one for many if not most in and connected to the retail industry, except for its restructuring experts. (But don’t worry about them — the bankruptcy lawyers and consultants had a sensational 2020.) . . . more
Last year was a great one for many if not most in and connected to the retail industry, except for its restructuring experts. (But don’t worry about them — the bankruptcy lawyers and consultants had a sensational 2020.) . . . more
Subscribe to:
Posts (Atom)