Whole Foods Market, Inc. is teaming up with a well-known analytics provider to obtain a deeper understanding of its assortment and customer base. The specialty grocery chain has selected Nielsen as its primary U.S. analytics provider for POS data, consumer insights and industry metrics. Nielsen is working with the company to collaboratively create a customized natural and organic product hierarchy that will provide a comprehensive view of Whole Foods Market’s product categories, including ingredient-level attributes.
For the third year in a row, Walmart hosted more than 450 entrepreneurs during the company’s “Made in the USA” Open Call event held Tuesday, June 28 at its corporate headquarters in Bentonville, Arkansas. The event, part of Walmart’s fourth annual U.S. Manufacturing Summit, is designed to find products made, assembled or grown in the U.S.
Restructuring costs helped increase fourth quarter net loss at Barnes & Noble Education Inc. to $2.8 million from $300,000 in the fourth quarter of fiscal 2015. Not all the fourth quarter fiscal news was negative, however. Total sales rose 8% to $294.8 million from $274 million, aided by a 4.5% increase in same-store sales.
Pinterest is making it easier for consumers to shop and buy on its site. The company, which claims 100 million monthly users, on Tuesday unveiled a collection of new tools, called “Shopping with Pinterest,” that includes visual search technology that lets people search for similar items shown featured in a pin (post).
Sobeys Inc. has named a former Home Depot executive as the Canadian retailer’s chief merchandising officer. Lyne Castonguay will oversee all aspects of Sobeys go-to-market strategy, with responsibility for category management, marketing, data insights, research, procurement, private label and merchandising as well as the company’s digital strategy.
The U.S. Department of Agriculture is considering new regulations that could it make it difficult for smaller stores to accept food stamps.
You only get one chance to make a first impression, and retailers are applying this truism to their email marketing efforts.
“(I Can’t Get No) Satisfaction” has been the theme song of U.S. consumers for the past two years, but they may need to look for a new anthem.
Nordstrom Inc. plans to more closely align operations of its omnichannel Trunk Club business with the rest of the enterprise. The luxury retailer plans to close the dedicated Trunk Club fulfillment center located on Goose Island in Chicago. With the closure, Trunk Club will integrate its operations into the Nordstrom network of fulfillment and distribution centers located across the U.S. The Goose Island facility will transition to its close by August 2017.
Amazon.com is continuing to expand its assortment of Dash buttons.