Whole Foods opened the doors of its highly anticipated, small format Daily Shop concept in the Upper East Side of New York last week. Located at 1175 Third Avenue, the 9,100 square foot store offers grocery essentials to the Lenox Hill neighborhood, focusing on private…
Amanda Lai, Director of McMillanDoolittle’s Food Industry Practice, will headline the Niagara University Food Industry Center of Excellence Summit next week as the opening keynote speaker on Tuesday, September 24, at the Hyatt Regency in Buffalo, New York. This year’s theme, “Built to Thrive: Agility and…
McMillanDoolittle’s Amanda Lai discussed key factors that contributed to Big Lots’ recent Chapter 11 announcement in an interview with PYMNTS. A Challenging Market. The Big Lots’ Chapter 11 “announcement underscores the immense economic pressures faced by retailers as Americans continue to pull back on discretionary…
By 2030, Gen Z and Millennials are expected to account for nearly half of U.S. consumer spending. Gen Z will wield significant buying power as the largest and wealthiest generation globally. Unlike previous generations, Gen Z is not just brand-conscious, but rather value and values-driven,…
Back-to-school shopping is one of the biggest spending events of the year. According to the National Retail Federation, total college spending is expected to reach $87 billion this year—a slight dip from last year’s $94 billion but still significantly higher than pre-pandemic levels. As college…
FoodHaul, an emerging restaurant takeout and delivery innovator, has announced its Chicagoland launch, offering a fresh approach to providing Chicagoans with restaurant-quality, heat-and-serve meals at home. FoodHaul partnered with leading chefs and renowned restaurants to curate an exclusive menu of gourmet, signature restaurant dishes that…
Plant-based pioneer Impossible Foods opened its first restaurant this week in Chicago. Dubbed Impossible Quality Meats, the restaurant pop-up offers a fully plant-based menu of burgers, hot dogs, salads, appetizers, and dessert that will be available through the fall. Nestled in Chicago’s Uptown neighborhood at…
Artificial Intelligence (AI) has rapidly evolved from a nascent technology into a core driver of digital transformation, influencing every sector from healthcare to finance, and manufacturing to education. According to recent studies, AI and automation are set to radically reshape an estimated 1.1 billion jobs…
We are excited to announce the release of our latest global publication, “Digital Marketplaces: A Global Study of Your Next Growth Channel.” This collaborative market study with the Ebeltoft Group, a consortium of global brand and retail experts, captures the current state of marketplaces and…
Amazon Prime Day returned for the 10th time earlier this week, along with a surge of sales from competing retailers, such as Target, Walmart, TikTok Shop, and Temu. US e-commerce sales over the two-day event reached a record $14.2 billion, an 11% increase from 2023. …
