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National Retail Federation announces election of John Furner--US President and CEO of Walmart--as its board chairman; Furner succeeds former Qurate Retail President and CEO Mike George

ODP delays plans to spin off its consumer business, which includes the Office Depot and OfficeMax retail banners; delay will give the company's board time to contemplate a US$1B acquisition offer for the consumer unit from Staples

Hy-Vee announces launch of WholeLotta Good, its newest ship-home e-commerce site which offers customers a full range of dietitian-approved health and specialty products

Albertsons' fiscal Q3 net income up to US$424.5M from US$123.7M last year; net sales and revenue up to US$16.73B from US$15.41B, driven by 5.2% rise in identical sales on retail price inflation, incremental sales related to administering COVID-19 vaccines

Amazon invests in Amogy, Hippo Harvest as part of its US$2B Climate Pledge Fund, which aims to facilitate low-carbon global economy; Amogy develops ammonia-to-power system for cargo shipping, while Hippo's greenhouses cut farming emissions, waste

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An example of a few headlines sent to our customers on Jan, 06 2022
Retail & Omnichannel

powered by Industry Intelligence, Inc.

January 06, 2022

Industry Roundup

Apparel & Accessories

Renewcell, China-based Yibin Hiest Fiber scale viscose filament yarn production from 100% Circulose dissolving pulp; development opens up additional product segments for Circulose fibers in activewear and as substitute for polyester filament, luxury silk
Modular Finance Nordic Press Releases (01/05)

Auto Parts & Accessories

Commentary: Used car prices keep rising, as new car and chip shortages divert buyers into used market; average used car price was US$29,011 in November, and KPMG says over 2 million used-car buyers are purchasing 'vastly overpriced used vehicles' monthly
Charlotte Observer (01/05)

BorgWarner sells its Water Valley, Mississippi, facility to Atar Capital; sale includes manufacturing facility, associated solenoid, transmission control module and stop/start accumulator system business located there
BorgWarner Inc. (01/05)

Books/E-Books

US print books unit sales up 15.4% for week ended Dec. 26 from year ago, putting an end to two-week streak of declining sales, NPD reports; units in adult fiction segment up 31.4%, while juvenile fiction sales rose 20% and young adult fiction jumped 25%
Publisher's Weekly (01/04)

US book publishing revenues across all categories for November up 8.3% year-over-year to US$1.3B, and revenues for first 11 months of 2021 up 13.1% to US$14.3B; in trade category, hardback revenues down 1.5%, paperbacks up 8.9%, mass market up 56.1%: AAP
Association of American Publishers (AAP) (01/03)

Groceries

Tesco-owned convenience store One Stop expands on-demand delivery via Just Eat at 40 company-owned stores, offering up to 500 grocery items; One Stop already offers deliveries via Deliveroo at over 200 stores, says some sites will offer both services
Grocer (01/05)

Euromonitor: Grocery retailers facing unprecedented opportunity in Germany as they've suddenly found themselves with cash to reinvest in businesses; stores have remodeled, increased organic private-label ranges, explored dark stores and grocery delivery
Euromonitor International Ltd. (01/04)

Home/Residential Furniture

Furniture Insights: Business continues to be good for most in residential furniture manufacturing, distribution; backlogs at all-time highs and it's been difficult to make a dent given issues in supply chain, logistics, trucking, labor shortages, ports
Smith Leonard PLLC (01/04)

Ikea to raise its global prices by average of 9%, citing supply chain bottlenecks, surging cost of materials amid pandemic; price hikes will have larger relative impact in North America due to operational, transport, logistics costs, company says
Business Insider (01/03)

Private-Label Products

Whole Foods facing a proposed class action that alleges its 365-brand Long Grain & Wild Rice pilaf is packaged with an unlawful amount of slack fill; lawsuit alleges consumers are being misled because ‘over 50% of the box is empty space’
CE Litigation Newswire (01/05)

Aldi launches full range of plant-based breakfast, lunch and dinner products in the UK; items include Vegan Croissants, Vegan Choc Chip Brioche Rolls and meat-free hot dogs
Macclesfield Express (01/04)

Shoes & Footwear

Guggenheim names Nike 'best idea' for 2022, says it's headed into 'next era' of digital commerce as metaverse strategy evolves, which includes video games, creation of a metaverse studio, and promised line of digital sneakers called CryptoKicks
Business Insider (01/03)

Vitamins/ Supplements

Omega-3 fish oil supplements do not help prevent depression, according to long-term randomized clinical study; supplementation did not help prevent depression, boost mood or reduce risk of developing depression
Disease Prevention Daily (01/05)

Top nutraceutical categories headed into 2022 include products with claims to boost immunity, cognitive health, sleep, stress management, microbiome, liver health; logistical issues could persist until mid-2022, industry analysts say
Nutra Ingredients (01/05)

Point-of-Purchase (POP)/In-Store Display

Thimm develops corrugated pallet displays for Genuport Trade as part of its partnership with Hershey for its Reese's Peanut Butter Cups in German supermarkets; the displays consist of a self-adhesive body, four variable trays, optional panels and a topper
Thimm Verpackung (01/05)

Thimm highlights its click'n'display digital configurator--used by Bremer Spirituosen Contor for creating its alcohol displays; the configurator starts with a simulation, which can then be customized to the customer’s products and specifications
Thimm Verpackung (01/03)

Brick-and-Mortar Retail

Flora Growth launches its Mind Naturals CBD skin-care brand online at Walmart.com and Coppel, a nationwide department store in Mexico; launch includes 12 products, available initially on e-commerce with plans to sell in brick-and-mortar retail locations
Business Wire (01/05)

UK retail foot traffic falls 15% in week ended Dec. 31 compared to previous week, with biggest drop seen in shopping centers; however, there were 5.2% more shoppers on New Year's Eve than on Christmas Eve: Springboard
Reuters (01/03)

Payment Systems

Commentary: Growth in restaurant industry will be driven by off-premise consumption, and tech trends to watch in 2022 include online ordering systems and delivery apps, contactless payment, digital kitchen boards, QR codes, air purification technology
Express Hospitality (01/05)

Euromonitor: Pandemic's impact on consumer payments to persist for years to come in form of rising m-commerce value, greater access/adoption of financial cards and services, increased adoption of contactless payments through smart cards or mobile devices
Euromonitor International Ltd. (01/04)

Retailing

Indian court dismisses appeal by Future Retail claiming arbitration with former partner Amazon would be illegal, despite India's antitrust agency recently suspending a 2019 deal Amazon used to assert rights over Future; arbitration set to resume this week
Reuters (01/05)

Walmart halves paid leave for COVID-positive workers in US to one week from two weeks; policy follows change in CDC guidance that recommends people isolate for five days after COVID-19 infection, down from 10 days
Reuters (01/05)

Omicron fears drive 18.6% reduction in UK shoppers in Nov. 28 - Jan. 2 period over 2019 levels, building on November decline of 14.5%; footfall was down 22.2% on high streets, 24.1% in shopping centers, 4.9% in retail parks: Springboard
Reuters (01/05)

Retail group

Walmart to add over 3,000 US drivers, build all-electric van fleet to support its InHome service that enables delivery of groceries directly into shoppers’ homes; company now services 6 million homes, but expects to reach 30 million homes by end of 2022
Reuters (01/05)

Macy's to cut Monday to Thursday store hours in January as COVID-19 cases spike in US; stores will be open on those days between 11 a.m. and 8 p.m., while previously most locations opened at 10 a.m. and closed at 9 p.m
Business Insider (01/05)

Walmart reserves 5,000 of BrightDrop’s EV600 and smaller EV410 electric delivery vans to support its last mile delivery network and goal of operating a zero-emission logistics fleet by 2040; vans to be used for company's InHome and GoLocal services
General Motors Co. (01/05)

 Food Retail

Supermarket

Asda announces leadership changes: Ken Towle to join as Retail Director with responsibility for all stores; Kris Comerford will replace Derek Lawlor as Chief commercial officer in late summer; Simon Gregg, Liz Evans will join executive leadership team
Contify Retail News (01/05)

Hy-Vee to post new Retail Security officers in stores during operating hours; officers are trained by Hy-Vee retail security leaders, law enforcement partners to de-escalate situations, help protect the safety of customers, employees
Global Data Point (01/03)

Convenience Store

S&G Stores acquires 11 BP convenience stores, one Amoco store in Perrysburg, Ohio, from owner Barney's Convenience Mart; acquisition will enable S&G to expand its presence across Midwest US
Marketline - Deals (01/04)

Groceries

Canadian food delivery firm SkipTheDishes to expand its Skip Express Lane grocery, household products delivery service across Canada, opening 38 fulfillment centers by mid-2022; offerings also include exclusive products from restaurants, local businesses
Supermarket News (01/04)

Alibaba's grocery retail chain Freshippo is reportedly planning to expand in Chinese market with three new membership-only locations in Shanghai, Suzhou, Nanjing in January; stores will stock nearly 3,000 SKUs, 40% of which are private label products
MarketLine (01/03)

 Drug Retail

Drugstore Chain

Walmart temporarily shut nearly 60 US stores in COVID-19 hotspots in December for sanitization amid spread of Omicron variant; Target says it did not close stores for sanitization in December, while CVS says it temporarily closed fewer than 10 locations
Reuters (01/04)

 Hypermarkets & Super Centers

Club Store

China's anti-graft agency accuses Sam's Club of 'stupidity and shorted-sightedness' for allegedly removing products sourced from China's Xinjiang region over concerns of forced labor; Sam's Club customer service says products are out of stock, not removed
Reuters (01/03)

Big Box Retailers

Commentary: Fanatics bets big on trading card boom with US$500M purchase of Topps' trading card/collectibles business; with deal, Fanatics can sell Major League Baseball cards immediately, and is expected to keep selling cards via big-box, retail channels
Axios Media Inc. (01/05)

 Internet Retail

E-Commerce Trends & Statistics

Survey finds over 40% of UK retail, e-commerce firms struggled over past 12 months to analyze data in real-time resulting in actionable business insights, while 39% struggle to find reliable partners to outsource web scraping activities to: Oxylabs
Indian Retail News (01/04)

Online Media & Digital Apps

P&G Beauty debuts BeautySPHERE.com, an immersive virtual experience, at CES 2022; digital experience--available worldwide--combines immersive storytelling, livestream panel discussions, gamification to bring real-world impact of responsible beauty to life
The Procter & Gamble Co. (01/05)

Navarre Press owner and Neves Media acquire two Florida newspapers, Santa Rosa Press Gazette and Crestview News Bulletin; the two papers will be two separate companies operated as a weekly print edition and daily online website
Editor & Publisher (01/05)

Online Selling/Shopping

Dyper expands bamboo diaper offering by launching on Thrive Market, an online marketplace with over one million members; partnership follows brand's mission to make its sustainable, plant-based diapers more accessible to families
Business Wire (01/05)

Strong majority of consumers in Germany, Poland want ecommerce packaging to be reusable for returns, easily foldable and recyclable, and 48% would pay extra for eco-friendly packaging; 58% in Poland say positive unboxing inspires repeat purchases: survey
Mondi Group (01/03)

 General Retailing

Department Store

J.C. Penney to offer same-day delivery of home products at over 600 locations via DoorDash; company looks to expand customer base as pandemic hurts foot traffic at department stores, shopping malls
The Motley Fool (01/04)

CFRA: Department stores seeing banner results due to massive government stimulus, pent-up demand, consumer desire to go out and spend; Kohl's and Macy's should fare better than others moving into 2022, but top or bottom-line growth not expected this year
Investor's Business Daily (01/03)

 Consumers

Consumer Economics

Fitch forecasts food spending in Asia to grow 6.0% to US$3.8T in 2022, and rise by average of 7.2% annually to US$4.8T over period to 2025, driven by rising disposable incomes leading to more Westernized consumption trends, growing health-consciousness
Fitch Solutions Sector Intelligence (01/04)

Bloomberg: World economic risks for 2022 include omicron, sticky inflation, Fed lift-off, euro crisis, rising food prices; things that may go better than expected include governments keeping fiscal support, pandemic savings funding global spending splurge
CE Noticias Financieras (01/03)

Consumer Lifestyle

Forty-six percent of US consumers indicate they want to eat healthier in 2022, making it the most highly-ranked lifestyle change, followed by working out more often and spending less money, survey says
Globe Newswire (01/05)

Executive Perspective: A growing number of US consumers who do not identify as vegetarian or vegan are increasingly exploring plant-based alternatives to animal products in a quest for improved nutrition, says Hartman Group CEO Laurie Demeritt
SmartBrief (01/05)

Consumer Behavior/Attitudes

Hybrid vehicles continue to outpace full battery electric vehicles, even with global automakers upping investment in EV production; despite interest in sustainability globally, 53% of US consumers won't pay US$500 for alternative engines: Deloitte
Deloitte LLP (01/05)

Amcor survey in the UK, Germany, Italy, France finds biobased PE and paper-based packaging for confectionery have a greater impact on purchase intent, overall appeal and perceived trustworthiness of a brand, and paper is most preferable solution
Amcor Plc (01/05)

Consumer Health & Wellness

Taylor Morrison named America's Most Trusted Home Builder by Lifestory Research for seventh straight year, based on surveyed consumers
PR Newswire (01/04)

IFF and SleepScore Labs introduce new scent solution under partnership leveraging IFF’s internal Science of Wellness program; study has shown scent aids with objective sleep improvement, including faster time to fall asleep, improved sleep efficiency
Business Wire (01/04)

Population/Demographics

US population growth stalled to lowest rate on record due to pandemic, growing 0.1% in 2021, slower than during Great Depression; 33 states saw net gain in population in 2021, while 17 states and Washington DC saw their net populations shrink: Wells Fargo
Business Insider (01/05)

RBC sees immigration in Canada as key to growth and housing, as government targets 50% increase in immigration over next few years; UN forecasts Canada to have population growth through 2050 that exceeds China, US and India, largely thanks to immigration
Canada StockWatch (01/04)

 Stock

Latest: Jan, 05 2022

Latest Value Prev Chg YOY Chg
Watchlist
Albertsons Cos. Inc. (ACI) 29.95 29.65 1.01% 75.66%
Amazon Com (AMZN) 3,287.14 3,350.44 -1.89% 2.13%
Bed Bath & Beyond (BBBY) 13.37 14.99 -10.81% -32.34%
Costco Wholesale (COST) 549.92 564.23 -2.54% 46.36%
Cvs Caremark (CVS) 105.81 104.29 1.46% 50.17%
Dollar General (DG) 233.80 233.70 0.04% 13.09%
Dollar Tree (DLTR) 140.40 140.51 -0.08% 31.06%
Home Depot (HD) 407.24 412.84 -1.36% 53.07%
Kroger Company (KR) 46.81 46.17 1.39% 46.74%
Lowes Companies (LOW) 254.75 259.81 -1.95% 58.31%
Target (TGT) 228.86 234.17 -2.27% 26.88%
Tesco plc (TSCO) :LON 293.95 289.90 1.40% 24.03%
Wal Mart Stores (WMT) 143.92 142.00 1.35% -1.26%
Walgreen (WBA) 54.00 53.48 0.97% 31.20%
SAMPLE REPORT