Grocery Outlet, the extreme value grocery chain you have likely never heard of, made its debut as a public company today and provided insight into the discount grocery business. While ALDI and Lidl receive endless news coverage, Grocery Outlet has flown somewhat under the radar. The
From pop-up shops to Digital Natives opening retail stores, some new concepts have recently hit the Chicago market. Stores are still relevant, and creating engaging experiences that drive customers to visit remains a top priority. We are sharing a few stores to visit if you
Recently, the Specialty Food Association (SFA) released its annual State of the Specialty Food Industry Report, which highlighted that small or specialty food brands are driving the most growth and innovation. According to the report, total sales in specialty foods grew by 10.3% versus 3.1%
In good company, Nike and creative genius Virgil Abloh recently opened the Re-Creation pop-up in Chicago as a destination for sustainability, workshops, give back programs, product exclusives and local influencers. The store goes well beyond traditional retail and shows the true meaning of redefining the
Walmart stores have 300 million unique visitors a month – more than the big online players. They've decided to leverage those visits and the data they provide on spend and in-store/online behavior to create a compelling and profitable ad channel for their own business, as
Yes. And no. According to a 2019 Coresight Research study, some 36.8% of U.S. consumers bought groceries online in the past year, up significantly from just 23.1% a year prior. Not surprisingly, it’s older millennials (30-44) who are leading the charge, with 45% having purchased groceries online.
In today's retail environment, consumers are more informed, and prioritizing sustainability and social responsibility efforts more than ever, forcing brands and retailers to deliver and add value. Running a retail business responsibly and with transparency is becoming increasingly more important in today's world. Activism centers around
Kohl’s loyal customer base is aging, and in most cases, so are their stores. They are in the process of revamping their strategy to chase Millennials to diversify their shopping base and bring in new customers. Winning younger customers is a key priority for Kohl’s as
Under Armour announced good news yesterday. Revenue grew, gross margin grew, and inventory levels were down. That’s normally a trifecta of responsible health. But underneath the covers Under Armour still has significant work to do. About the good; revenue was up slightly, driven by international strength and the wholesale business. Simultaneously, inventory
Finish Line has its struggles. A mall-based retailer - in a crowded space and previously focused on “just shoes” - Finish Line lost share for five years to the lifestyle merchandised Foot Locker and its own supplier’s direct-to-consumer efforts. A strategy to place 300+ shop-in-shops in
