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 Industry Roundup |
Apparel & Accessories
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Study of US, Canada, Mexico, UK, Australia consumers finds 45% shop online twice a week, about 30% spend average of over US$400 online per month; categories with highest e-commerce sales growth in 2022 include clothing, fashion, accessories: ClearSale
CE Noticias Financieras (06/29)
Foot Locker to divest its Eastbay Team Sales business to sports apparel and footwear retailer BSN Sports; business accounted for less than 1% of Foot Locker's annual consolidated sales
MarketLine (06/29)
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Auto Parts & Accessories
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Auto parts exports from Mexico to US exceed pre-pandemic levels in first four months of 2021, with Mexico now accounting for 39% of foreign parts to US; increase due to higher shipping costs from Asia, T-MEC rules requiring 75% North American parts
CE Noticias Financieras (06/29)
Lightyear claims the in-wheel motor configuration on its US$263,000 Lightyear 0 solar-assisted EV make it most efficient powertrain of all production cars; Finland’s Valmet Automotive to build cars, with Elaphe supplying motors from Slovenia
Green Car Reports (06/27)
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Books/E-Books
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Barnes & Noble Education reports consolidated Q4 net loss of US$11M, compared to restated Q4 2021 net loss of US$52.4M, while Q4 GAAP sales up 17.1% year-over-year to US$260.8M; company records FY 2022 net loss of US$68.9M on sales of US$1.53B
Business Wire (06/29)
Unit sales of print books down 5% year-over-year for week ending June 18, with adult fiction segment the only category to post increase over 2021, NPD BookScan finds; sales of adult nonfiction down 8%, and juvenile nonfiction down 11.4%
Publisher's Weekly (06/27)
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Consumer Electronics
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GlobalData forecasts Australia's OTC health care market to reach US$5.1B in 2026 from US$4.5B in 2021; market benefitting from development of smartphones/smart watches that help monitor health vitals, apps that provide round-the-clock telemedicine access
GlobalData Plc (06/29)
More than 300,000 tons of paperboard packaging has been reused through Samsung’s Eco-Packaging program, which launched in 2019; the packaging features printed guides, allowing consumers to turn it into items like pet houses, games, furniture
CE Noticias Financieras (06/23)
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Groceries
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Walmart opens Supercenter in Santiago de Queretaro, Mexico; store will offer wide varieties of goods and groceries, as well as home delivery or pickup service via app
CE Noticias Financieras (06/29)
Checkpoint Systems launches NS42 antenna that can be located anywhere in a retail store, providing grocery retailers with discreet but powerful loss prevention solution; antenna is ultra-slim, uses 360-degree circular array technology to detect theft
Checkpoint Systems (06/29)
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Home Improvement/Hardware Stores
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Koopman Lumber acquires another family owned Massachusetts company, A. Boilard Sons, adding a Springfield location; Koopman's existing 10 sites include lumber/hardware/paint/garden stores, lumber yards, design centers and distribution centers
The Springfield Republican (06/29)
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Home/Residential Furniture
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J.B. Hunt and Waymo to deliver home furnishings and retail freight for Wayfair between Houston and Dallas, following J.B. Hunt's and Waymo's initial pilot a year ago; pilot marks Wayfair's first-ever use of autonomous freight transportation
Zack's Commentary (06/29)
Walmart to launch augmented reality feature that allows customers to view furniture, home decor items via mobile app; company also to launch AR utility that allows customers to view product information by pointing their mobile device at store shelves
MarketLine (06/24)
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Private-Label Products
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Motley Fool: Bed Bath & Beyond ousts CEO after 'dumpster fire' Q1 results; strategy to do away with popular national brands and replace them with new, private-label offerings left retailer more exposed to supply chain woes than its rivals
The Motley Fool (06/29)
American Hygienics develops range of Ultra Soft Diapers featuring 100% bamboo pulp core, soft micro cushion top cover and outer packing bag that is up to 40% plant-based; diapers available for distribution under AHC's house brand and private label options
American Hygienics Corp. (06/29)
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Shoes & Footwear
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Walmart says it will increase orders of Cambodian garments, footwear products, other products in upcoming year; Cambodia exported US$3.7M worth of goods to the US in January-May period this year, an increase of 57.7% year-over-year
Indian Retail News (06/24)
Nike to make full exit from Russian market after suspending operations at beginning of March; closed stores will not reopen, website and mobile app will no longer be available in the region
Interfax Russia & CIS Business and Financial Newswire (06/23)
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Toys
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Lego to switch from small plastic bags to a paper box with carded front for its blind-bagged collectible minifigures; the new packaging, expected to be introduced in September 2023, will eliminate ability to feel what figure is inside without opening it
Gizmodo (06/27)
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Vitamins/ Supplements
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Pharmavite investing US$200M in new 200,000-to-250,000 square-foot manufacturing facility in New Albany, Ohio, to make Nature Made, MegaFood-branded products; facility to add production capacity to serve Midwest, East Coast markets and add 225 new jobs
PR Newswire (06/28)
Scientists develop vitamin K1-supplemented soy protein film as a functional food for bone nutrition; films contain about 67% of protein per 100g, presence of essential oils in the film also imparts antimicrobial properties
Food Bioscience (06/27)
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Omnichannel
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Walmart to acquire AR optical tech company Memomi to boost omnichannel optical care offerings; Walmart says acquisition enables company to continue to offer frictionless virtual optical try-on capabilities, contact-free digital measurements
Business Wire (06/29)
US online grocery shoppers spend 1.5 times more than in-store shoppers, are less loyal to retailers, struggle more financially; omnichannel shoppers are more likely to have children and pets, leading to higher spend, less unpredictable budgets: dunnhumby
Business Wire (06/28)
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Point-of-Purchase (POP)/In-Store Display
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Epson's new high-speed, compact SureColor T7770D 44-inch wide-format dual roll printer for technical, CAD, graphics printing is perfect for posters, POP displays, technical drawings, is compact enough for space-constrained production environments
Epson America Inc. (06/28)
Kansas-based Aqua House adds Agfa Jeti Tauro H2500 LED six-color hybrid printer with roll-to-roll system, automated feeding of rigid, flexible media up to 2.54m wide, print speeds up to 275 m2/hour; company makes signage, posters, POP, self-adhesives
Agfa-Gevaert NV (06/24)
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Brick-and-Mortar Retail
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Australian home appliance chain The Good Guys to stop trial of facial recognition technology in stores following customer backlash; move adds pressure to retailers Bunnings, Kmart who are also using cameras to build 'faceprint' profiles on shoppers
Courier Mail (06/29)
Petco launches Clif Bar's first-ever line of plant-based jerky for dogs CLIF PET, as well as Earth Animal's rawhide alternative No-Hide Chews, available nationally and online; last March, retailer removed traditional rawhide options from its stock
PR Newswire (06/29)
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Payment Systems
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FTC sues Walmart, claiming company allowed scam artists to access its money transfer services, resulting in fraud that cost consumers 'tens of millions of dollars' each year; Walmart allegedly looked the other way and pocketed 'millions' in fees
Talk Business (06/29)
Digital US-Mexico cross-border trade platform Nuvocargo launches Carrier Platform to help streamline invoicing, payments for motor carriers; company says, on average, carriers that have adopted solution are seeing time savings of one to three hours/day
GlobeNewswire (06/29)
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Retailing
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Euromonitor: Brands will have to embrace metaverse to reach up-and-coming shoppers like Gen Z who are shunning traditional mediums for gaming, social platforms; 2022 will be for frontrunners, but all brands may need a metaverse strategy in a few years
Euromonitor International Ltd. (06/29)
Bed Bath & Beyond replaces CEO Mark Tritton amid sales decline, pressure from activist investor Ryan Cohen; Sue Gove, who is head of strategy committee and an independent director, to replace Tritton on interim basis
Reuters (06/29)
Amazon is temporarily limiting purchases of emergency contraceptive pill Plan B to 3 units/week amid spike in demand after overturn of Roe v Wade; customers can still purchase up to 30 units of another emergency contraceptive called My Choice
Business Insider (06/29)
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Retail group
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Amazon denies allegations of negligence lodged by Pennsylvania woman who slipped on ice at one of its fulfillment centers in Hazelton; company says plaintiff confronted a 'known risk' and failed to mitigate or otherwise act to lessen or reduce damages
The Pennsylvania Record (06/29)
Grocer 33 pricing survey shows overall UK grocery prices up 5.2% year-over-year, with prices at Morrisons up 12.3%, Waitrose up 7.4%, Tesco up 6.3%, while Asda only up 0.3%, Sainsbury’s up 0.4%; overall prices were 0.6% cheaper than last month
Grocer (06/28)
Retailers including CVS, Rite Aid, Walmart implement purchase limits on emergency contraceptive pills to prevent shortages and stockpiling; demand for emergency contraceptives has been surging following repeal of Roe v. Wade
Business Insider (06/28)
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Food Retail
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Supermarket
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Plastic-free and recyclable packaging is No. 1 demand coming from supermarket shoppers in the UK, according to new survey of more than 400 shoppers
M2 PressWIRE (06/29)
UK supermarket Iceland launching cartonboard Seda packaging for its ‘Made in Italy’ ice cream range, which will see a 92% plastic reduction compared to previous packaging and deliver an 84.5 tonnes annual plastic reduction
Packaging News (06/28)
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Convenience Store
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Nearly 60% of US adults say they consider purchasing a meal from a convenience store when shopping for fast food, according to study by customer arrival platform Bluedot
QSR Web (06/28)
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Groceries
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H-E-B narrowly beats Amazon as top ranked US e-commerce grocer, followed by Amazon Fresh, Walmart, Sam’s Club; Instacart, Shipt, Door Dash ranked lowest in emotional connection, suggesting customers are loyal to retailers, not intermediaries: dunnhumby
Business Wire (06/28)
Indian online food delivery platform Zomato to acquire rapid grocery delivery start-up Blinkit, with deal expected to complete in early August; Zomato says quick commerce is its strategic priority, Blinkit is synergistic with its core food business
MarketLine (06/27)
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Drug Retail
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Drugstore Chain
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Six Idaho, Oregon Walgreens pharmacies are temporarily closed due to staffing shortages; stores themselves remain open
Idaho Statesman (06/24)
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In-Store Pharmacy
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Publix breaks ground on location in Lexington, Kentucky, that will feature 55,701-sq-ft store, drive-thru Publix Pharmacy, 3,200-sq-ft Publix Liquors store; expected to open Q4 2024, Kentucky expansion will mark Publix’s eighth state of operation
Business Wire (06/23)
Publix says its stores will not offer COVID-19 vaccine to children under age 5 at this time, has not explained decision; Florida, where Publix is based, is the only US state not to be pre-ordering doses of the under-5 vaccine
Associated Press (06/23)
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Hypermarkets & Super Centers
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Club Store
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Long-time Sam’s Club members criticize company on social media over promotion allowing new members to sign up for US$8 from June 26 - July 4; members say their loyalty to company has not been rewarded, threaten cancellation or a move to competitors
International Business Times (06/27)
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Big Box Retailers
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Preliminary data shows spend/order during Walmart's subscriber-only sales event Walmart+ Weekend was US$69.75, compared to average Walmart.com order of US$64.99, average Amazon Prime Day 2021 order of US$54.17; 59% of spend was on groceries: Numerator
Talk Business (06/27)
Walmart expands benefits for employees who want to enlist a doula --a person trained to assist during pregnancies-- to address racial inequities in maternal care; Black women are three times more likely to die from a pregnancy than white women, per CDC
Associated Press (06/27)
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Internet Retail
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E-Commerce Trends & Statistics
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Fashion Institute of Technology posts study about changes in beauty industry since the pandemic; study encourages brands to cater to both in-person and digital retail to address concerns about accelerating technology, have users form emotional investment
CosmeticsDesign.com (06/27)
Two Sides: Fully recyclable water-resistant paper launched by companies like Mondi, Smurfit Kappa could transform packaging industry, enabling e-commerce world to start phasing out single-use plastics, deliver on sustainability targets
Two Sides Ltd. (06/24)
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Online Media & Digital Apps
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Siemens launches an open digital business platform, Siemens Xcelerator, to accelerate digital transformation for companies; platform includes a portfolio of IoT enabled hardware, software and digital services, an ecosystem of partners, and a marketplace
PR Newswire (06/29)
When visitors of self-service restaurants use their own smartphones instead of onsite devices to order food, compliance with restaurants’ unsolicited food recommendations decreases, as recommendations are viewed as infringements: China study
International Journal of Hospitality Management (06/29)
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Online Selling/Shopping
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E-commerce solution provider Glosku reports work with Colourpop boosted brand's China presence, growing over 20 times in gross merchandise volume in six months; Glosku offers SaaS, logistics, content solutions for accessible sales channels, supply chains
Jing Daily (06/28)
Veho expands last-mile e-commerce delivery, returns solution further into the Midwest, with newly opened sites in Cincinnati, St. Louis; company also plans to open a Cleveland hub, which will bring its Midwest warehousing footprint to over 300,000-sq-ft
PR Newswire (06/28)
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General Retailing
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Department Store
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UK retail sales fall in May amid cost-of-living crisis: food stores fall 1.6% as supermarkets fall 1.5%, specialist shops such as butchers, bakers fall 2.2%; household goods fall 2.3%; department stores fall 1.1%; alcohol, tobacco sales fall 4%: ONS
Independent, The (Online) (06/24)
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Dollar Stores/Deep Discounters
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Dollar General remodels, updates store in Rusk, Texas, to its DG Market format; new format provides updated layout, new offerings including an expanded selection of fresh meats, fruits and vegetables, as well as usual Dollar General products
Jacksonville Daily Progress (06/23)
Zacks: Dollar Tree is Bull of the Day on June 23 after solid Q1 growth and increased guidance in face of broader economic headwinds; retailer poised to thrive as more Americans tighten their purse strings amid sky-high gas prices and grocery bills
Zacks Equity Research (06/23)
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Consumers
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Consumer Economics
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Germany's Consumer Price Index was 8.2% year-over-year in June, down from 8.7% in May; decline largely due to one-off effects
CE Noticias Financieras (06/29)
European Commission's Economic Sentiment Indicator in June edged up 0.1 point from May to 105.0 in euro area; industry confidence weakened due to sharpest deterioration in managers' assessments of current level of order books in two years
European Commission (06/29)
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Consumer Lifestyle
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Euromonitor: Home-centric lifestyles are here to stay, prompting many meals to migrate to the home in mid- and long-term; this will result in more demand for packaged food/snacks, experiences like restaurant-quality meals and more indulgent treats at home
Euromonitor International Ltd. (06/29)
Forty-three percent of consumers worldwide say they look for added protein when choosing foods and beverages for exercise, with that number rising to 52% for those ages 18-29, according to study by Arla Foods
Arla Foods AMBA (06/29)
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Consumer Behavior/Attitudes
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US consumers have heightened interest in flavor twists and combinations and are less driven by brand recognition and familiarity when it comes to their snacking purchases, finds Frito-Lay North America in its recent Snacking Index report
FoodNavigator-USA.com (06/29)
Researchers find that consumers evaluate food and restaurants more negatively where restaurant service is provided by AI; attitude more prominent among customers of luxury restaurants, compared to those of fast food and casual dining restaurants
Food Quality and Preference (06/29)
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Consumer Health & Wellness
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Essity's menstrual health education project with UNICEF Mexico aims to break barriers to wellbeing; Essity says holistic collaboration is key to removing taboos, so wider personal-care sector can support hygiene, health-related issues with new innovations
CosmeticsDesign-Europe.com (06/29)
Euromonitor sees world beauty/personal care industry growing 3% CAGR over 2021-2026; to overcome inflation challenges, beauty players can address consumers' price sensitivity, highlight product multifunctionality, expand into emotional wellness categories
Euromonitor International Ltd. (06/28)
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Population/Demographics
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Cannabis legalizations in North America has accelerated daily cannabis use and health impacts, UN Office on Drugs and Crime says in World Drug Report; people age 24 and younger more likely to report increase in cannabis use during COVID-related lockdowns
Indian Health Care News (06/29)
FrieslandCampina’s Yazoo Kids flavored milk to launch new multipack carton packaging to coincide with launch of the movie 'Minions: The Rise of Gru'; packs will showcase Minions characters in new lunchbox-friendly, square packaging
Convenience Store (06/28)
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Touch-Free
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Natural sunscreen brand Raw Elements Mineral Sunscreen again partners with Rhode Island health department to deploy touch-free sunscreen dispensers at state beaches and parks; free sunscreen distribution is part of state's skin cancer prevention efforts
Happi (06/28)
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Stock
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Latest: Jun, 29 2022
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Latest Value |
Prev |
Chg |
YOY Chg |
| Watchlist |
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Albertsons Cos. Inc. (ACI)
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28.15
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28.41
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-0.92%
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40.47%
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Amazon Com (AMZN)
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108.92
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107.40
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1.42%
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-36.83%
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Bed Bath & Beyond (BBBY)
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4.99
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6.53
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-23.58%
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-83.32%
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Costco Wholesale (COST)
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469.84
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468.61
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0.26%
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17.82%
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Cvs Caremark (CVS)
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93.35
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93.20
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0.16%
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11.81%
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Dollar General (DG)
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247.05
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243.58
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1.42%
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13.85%
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Dollar Tree (DLTR)
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156.25
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153.57
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1.75%
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57.07%
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Home Depot (HD)
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273.87
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270.15
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1.38%
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-13.94%
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Kroger Company (KR)
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48.11
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48.43
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-0.66%
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23.84%
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Lowes Companies (LOW)
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176.10
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174.72
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0.79%
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-9.32%
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Target (TGT)
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141.90
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144.52
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-1.81%
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-41.33%
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Tesco plc (TSCO) :LON
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254.40
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255.40
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-0.39%
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13.32%
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Wal Mart Stores (WMT)
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121.92
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122.37
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-0.37%
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-11.20%
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Walgreen (WBA)
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40.87
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40.96
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-0.22%
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-21.39%
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Retail & Omnichannel
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