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 Industry Roundup |
Apparel & Accessories
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Florida's Germ-O-Guard launches line of non-irritating antimicrobial products, including face masks, device skins, handkerchiefs, scarves, adhesive sheets, film rolls; company uses nanosilver coat on PET laminate, and woven, nonwoven polyester fabrics
PRWeb (04/20)
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Auto Parts & Accessories
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EV work truck start-up Atlis to use VCST e-drive gearboxes in EV platform to increase efficiency, range, enhance performance; Atlis EV platform to be used in light-, heavy-duty trucks for agriculture, service, utility, construction applications
PR Newswire (04/20)
Toyota invests US$425 to update equipment at Jackson, Tennessee, plant to build new four-cylinder engine blocks; plant has capacity to make more than 2 million engine blocks annually
Toyota Motor Corp. (04/20)
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Books/E-Books
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Florida-based Palm Printing installs Versafire EP digital print engine from Heidelberg for cost-effective variable data printing to produce nonprofit mailings, short run books; press also offers inline finishing such as punch for wire-bound books
WhatTheyThink (04/20)
Sappi North America showcases Spectro line of premium paperboard in a pop-up book, From Forest to Forest; award-winning book 'tells the story of Spectro’s sustainable life cycle', and highlights Sappi’s commitment to sustainable forest management
Business Wire (04/20)
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Groceries
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Executive Perspective: Consumers feeling hit from inflation, but durable demand shows they're embracing more personalized experiences in digital economy and conveniences of online shopping, particularly growing categories like groceries, says Adobe VP
Business Wire (04/20)
Kroger to hire over 200 workers ahead of Kroger Delivery launch in South Florida this summer; company will also build two smaller facilities in South Florida in October, including one Zoom micro-fulfillment center to enable delivery in under 30 minutes
Supermarket News (04/20)
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Home Improvement/Hardware Stores
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Canadian Internet of Things technology company Danavation Technologies installs its Digital Smart Labels into BMR Pro hardware store location in Ontario; labels offer effective, paperless, touch-free way to instantly update product pricing on shelves
Danavation Technologies Corp. (04/20)
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Kitchenware/Cookware/Bakeware
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Newell Brands opens Newell Creative Kitchen, a multi-purpose kitchen space in Hoboken, New Jersey; site will serve as content incubator for cooking creators, showcase latest home, kitchen products from brands like Rubbermaid, Ball, CrockPot, Mr. Coffee
PR Newswire (04/14)
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Private-Label Products
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Sainsbury's recalls its Fray Bentos Just Chicken Pie because it may contain small pieces of plastic
Surrey Advertiser (04/18)
GlobalData: Bed Bath & Beyond's Q4 results raise some serious questions about management’s strategy, execution of its plans; disappointing numbers were posted against backdrop of strong demand for home items, while its owned brands are 'somewhat bland'
FinancialPress (04/14)
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Toys
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Toy company MGA Entertainment will begin to produce L.O.L. Surprise! spherical packaging using bamboo, wood, sugar cane and other natural materials in place of plastic; the new spheres are compostable, do not include plastic wrapping
PR Newswire (04/14)
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Vitamins/ Supplements
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Scientists extract fish oil rich in omega-3 and fat-soluble vitamins, amino acids from Conger myriaster eel skin using green methods; valorization uses supercritical carbon dioxide and subcritical water, reduces heavy metals in extracted oils
Food Chemistry (04/19)
Four Amorepacific Vital Beautie products win Monde Selection 2022 awards for outstanding quality and product labeling; award winners are Super Collagen Essence, Meta Green Gold, Ginseng Extract Ampoule, Revitalizing Ginsengberry and Deer Velvet Ampoule
Amorepacific Corp. (04/19)
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Omnichannel
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International logistics software service FlavorCloud partners with global omni-fulfillment platform ShipBob to offer Delivery Duty Paid shipping for customers in over 200 countries; service automates calculations of cross-border duties, taxes for sellers
PR Web (04/14)
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Brick-and-Mortar Retail
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Dog training company Centro De Varona opens what it says is the only private pet park in Guaynabo, Puerto Rico, with suites for dogs featuring memory foam beds; onsite store sells products from Zato Pet Foods, Fluffy Friends and Me and Mia's Natural Paws
CE Noticias Financieras (04/19)
Kradle Pet launches Kradle to the Rescue, announced by brand investor Ellen Degeneres, to give free calming products to 1,000 local shelters in 2022; Calming Chillers Hard Chews, Calming Bliss Bar Soft Bake are available at select Walmart stores, website
Pet Product Innovations LLC (04/19)
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Payment Systems
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Wegmans Food Markets begins accepting SNAP EBT payments for Instacart online grocery orders across all 106 locations; company says move increases accessibility to its products, helps people live healthier
Supermarket News (04/14)
Amazon CEO Andy Jassy says retail business is 'not close' to adding cryptocurrency as a payment option, CNBC reports; however, he says it might be possible to sell NFTs on the platform
Reuters (04/14)
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Retailing
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T. Rowe Price, one of the biggest investors in Kohl's, says it plans to back all 13 of store's director nominees; move is setback to activist hedge fund Macellum, which put forth its own director nominees in attempt to take control of Kohl's board
Reuters (04/20)
Digital meal-planning, grocery shopping platform eMeals completes acquisition of recipe organization company RecipeBox; eMeals aims to ramp up growth of RecipeBox while using app as promotional channel for retailers, food and beverage companies
Marketline - Deals (04/20)
Albertsons debuts new ESG framework, goals include: net zero in own operations by 2040; reduce carbon emissions from company operations 47% by 2030; reduce downstream carbon emissions from sold goods 27% by 2030; zero food waste to landfill by 2030
Business Wire (04/20)
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Retail group
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Asda partners with enterprise cloud applications provider Workday to accelerate digital transformation; integration allows Asda to manage worker schedules, deliver personalized training content, gain access into data insights to improve performance
PR Newswire Europe (04/20)
Target remains top grocer in Minnesota's Twin Cities area in 2021 across its 51 stores; newcomer Hy-Vee was expected to gain market share but remains at 3% after adding no stores in 2021, also cancels plans to add five stores this month: Chain Store Guide
Axios (04/20)
Kroger's King Soopers ranks as top Denver grocer for fourth consecutive year, per Chain Store Guide, though data was collected before workers went on strike at start of 2022
Axios (04/20)
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Food Retail
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Supermarket
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Walmart stores, Walmart Neighborhood Markets, Sam's Club account for 79% of market share in Northwest Arkansas; Walmart also accounts for about 51% market share in Little Rock region, while Kroger has 34%: Chain Store Guides
Axios (04/20)
Chicago-based specialty grocer Tony's Fresh Market acquired by Apollo Funds; Apollo says Tony's is poised for strong organic growth, will support go-to-market execution, customer loyalty programs, e-commerce, more for Tony's
GlobeNewswire (04/20)
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Convenience Store
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Seven & I Holdings adds Elizabeth Miin Meyerdirk to board amid investor pressure for structural reforms, pending approval from shareholders at May 26 meeting; Meyerdirk is a former Uber executive and founding member of Uber Eats
Reuters (04/19)
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Groceries
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H-E-B ranks 15th in Top 50 Food and Grocery Retailers by Sales list by 24/7 Tempo; Walmart ranks first, followed by Amazon, Kroger, Costco
San Antonio Express-News (04/18)
March US retail, foodservice sales up 6.9% year-over-year to US$665.73B; retail trade sales up 5.5% to US$590.37B, grocery stores sales up 9.5% to US$70.73B, all food and beverage stores up 8.4% to US$79.07B: US Census Bureau
Supermarket News (04/18)
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Drug Retail
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Drugstore Chain
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Walgreens launches on-demand drone delivery service in Dallas-Fort Worth area via Alphabet subsidiary Wing; available via mobile app, service will deliver over-the-counter health, wellness products to 'tens of thousands' of homes in Frisco, Little Elm
FierceHealthcare (04/15)
Reliance Industries is reportedly evaluating bid for UK drugstore chain Boots; Reliance currently owns India-based online pharmaceutical retailer Netmeds, which it bought in 2020, and has invested in digital healthcare platform KareExpert
The Telegraph (04/15)
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Hypermarkets & Super Centers
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Mass Merchandise Retailers
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Beauty product sales in mass market categories see year-over-year growth in Q1; skin care, hair care and color cosmetics all post gains, with notable percentage gains in eye combos, lip cosmetics, dry shampoo, hairspray, anti-aging and sun-care items: IRI
Happi (04/20)
Global Pet Expo reports that multi-unit retailer pet boutiques were the largest registered group in attendance; mass-market variety retailers' attendance increased over 2020, along with international buyers, with a 49% increase in attendees from the UK
Pet Product Innovations LLC (04/14)
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Big Box Retailers
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Target to open net zero energy store in Vista, California, that is expected to generate 10% energy surplus each year; location will test multiple innovations to generate renewable energy and reduce emissions, including over 3,000 solar panels
States News Service (04/15)
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Internet Retail
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E-Commerce Trends & Statistics
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Euromonitor: Green e-commerce among digital trends changing commerce in 2022, as online orders have led to additional emissions, packaging waste; against this backdrop, online players under scrutiny to make products, packaging, deliveries more sustainable
Euromonitor International Ltd. (04/19)
Survey finds 86% of consumers are willing to delay e-commerce deliveries to improve sustainability if incentivized; 40% agree there should be a minimum amount a consumer must spend to qualify for expedited shipping or shipping in general: Blue Yonder
Business Wire (04/19)
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Online Media & Digital Apps
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AICC, The Independent Packaging Assn. announces a May 11 webinar, ‘What Testing and Requirements are Best Suited in the Packaging Industry’; webinar to feature folding carton technical advisor Tom Webber and corrugated technical advisor Ralph Young
Targeted News Service (04/20)
PLA and molded fiber packaging producer Evanesce creates free webinar explaining its role in revolutionizing sustainable packaging; Founder, CEO Doug Horne addresses environmental setbacks of plastics for CPGs, highlights Evanesce’s sustainable options
GlobeNewswire Canada (04/19)
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Online Selling/Shopping
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UK online luxury fashion retailer Farfetch launches beauty portfolio across its Browns, Farfetch.com and Off-White companies; move follows acquisition of luxury beauty retailer Violet Grey, will include curated selection of iconic and indie beauty brands
Business Wire (04/20)
Online retailer Lazada launches LazEarth campaign focused on reducing plastic waste in products, packaging throughout Southeast Asia; Lazada will work with LazMall brands, partners to make eco-friendly products more accessible, identifiable to consumers
Global Data Point (04/20)
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Consumers
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Consumer Economics
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Potential US existing-home sales in March decreased 3.2% month-over-month to 5.97 million seasonally adjusted annualized rate; house-buying power 5.6% higher than March 2019 driven by higher household incomes, modestly lower mortgage rates: First American
First American Financial Corp. (04/20)
Canada's Consumer Price Index in March up 1.4% month-over-month, up 6.7% annually compared to 5.7% in February; price pressure in housing market, supply constraints, geopolitical conflict affected energy, commodity, agriculture markets: Statistics Canada
Statistics Canada (04/20)
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Consumer Lifestyle
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More US snack consumers are seeking better-for-you ingredients that are ethically sourced, as well as better-for-the-planet packaging, says Malcolm McAlpine, business manager of branded snacks and confections in foodservice at Mondelez
Baking Business (04/18)
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Consumer Behavior/Attitudes
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US cannabis sales in 2021, including legal and illicit sales, totaled an estimated US$97B; cannabis consumer spending now surpasses spirits, with 46% of survey respondents reporting daily consumption: report
Globe Newswire (04/20)
Typical US home that went under contract in March was 1,720 sq. ft., down 1.8% year-over-year from 1,751 sq. ft.; homebuyers are turning back to condos, starting to value shared amenities, walkable neighborhoods again: Redfin
Redfin Corp. (04/20)
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Consumer Health & Wellness
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CMS proposes integrating equity, maternal health quality measures into proposed rule that drives hospital payments; proposed increase in operating payment to participating acute care hospitals paid under IPPS projected at 3.2%
U.S. Dept. of Health and Human Services (HHS) (04/20)
Sixty-nine percent of Americans and Canadians say they try to limit pesticide exposure in the foods they buy, but 81% say they are still not aware of glyphosate, survey says
PR Newswire (04/19)
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Population/Demographics
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Number of US teens who found jobs in summer 2021 fell 41% year-over-year, despite the most jobs teens typically fill added on record; teens expected to gain 1.3 million jobs in 2022: Challenger, Gray & Christmas
Challenger, Gray & Christmas Inc. (04/20)
Maybelline New York, Seventeen partner with livestream commerce company talkshoplive for Gen Z-targeted event on April 20; live how-to video will create prom beauty looks, allow viewers to buy directly within the livestream, with Walmart fulfilling orders
Business Wire (04/19)
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Stock
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Latest: Apr, 20 2022
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Latest Value |
Prev |
Chg |
YOY Chg |
| Watchlist |
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Albertsons Cos. Inc. (ACI)
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33.29
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33.11
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0.54%
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63.91%
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Amazon Com (AMZN)
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3,079.96
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3,162.31
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-2.60%
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-7.64%
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Bed Bath & Beyond (BBBY)
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16.38
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16.87
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-2.90%
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-35.03%
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Costco Wholesale (COST)
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603.53
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594.30
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1.55%
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62.36%
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Cvs Caremark (CVS)
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106.64
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103.86
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2.68%
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40.48%
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Dollar General (DG)
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259.04
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255.36
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1.44%
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18.67%
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Dollar Tree (DLTR)
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174.08
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171.87
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1.29%
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49.63%
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Home Depot (HD)
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315.14
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307.80
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2.38%
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-2.72%
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Kroger Company (KR)
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57.70
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57.79
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-0.16%
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52.81%
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Lowes Companies (LOW)
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208.74
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203.04
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2.81%
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2.94%
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Target (TGT)
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249.32
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246.05
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1.33%
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20.29%
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Tesco plc (TSCO) :LON
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270.30
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266.30
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1.50%
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15.27%
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Wal Mart Stores (WMT)
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159.63
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157.65
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1.26%
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13.38%
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Walgreen (WBA)
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46.54
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45.60
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2.06%
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-12.75%
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Retail & Omnichannel
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