PURCHASE, N.Y. — Retail sales (excluding automotive) increased 8.5% year-over-year this holiday season, according to Mastercard SpendingPulse. Online sales grew 11.0% compared to the same period last year, the preliminary insights show. Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, defines the holiday season as running from November 1
CHICAGO — Mass market sales of store-brand merchandise increased during the pandemic, but the market share gains that characterized the preceding years have softened, according to a new report from IRI. “The shift to at-home consumption, trading up to premium offerings, stimulus dollars and on-shelf availability are all factors steering shoppers away from store brands,”
PURCHASE, N.Y. — While consumers are returning to their in-store shopping routines, according to a recent Mastercard survey, 56% of shoppers are continuing to prioritize online shopping this holiday season, citing waiting in lines (72%), finding parking (65%), and items being out of stock (47%) as primary reasons. Survey data also shows that when selecting
NEW YORK – The Honest Company’s founder and chief creative officer Jessica Alba and CEO Nick Vlahos have been added to the list of speakers slated to appear next month at NRF 2022: Retail’s Big Show. The pair will share insights on how the company has navigated the clean lifestyle movement to emerge as a
CHICAGO — Citing concerns about the safety of large events because of the rise in COVID-19 cases and the impact of the Omicron variant, IRI announced on Wednesday that it has decided to postpone the 2022 IRI Growth Summit until 2023. “This is difficult news to deliver, given our excitement in announcing the return of
JACKSONVILLE, Fla. — Southeastern Grocers Inc. (SEG) and its SEG Gives Foundation donated $362,600 to help Feeding America fight food insecurity during the holidays and all year long, the retailer said Wednesday. The donation was made possible by customers and associates who rounded up their total grocery bill or made a donation at Fresco y
SALISBURY, N.C. — Food Lion’s hunger relief program has donated more than 6.6 million meals to food-insecure families this holiday season, the retailer said Wednesday. Customers supported Food Lion Feeds’ “Holidays Without Hunger” campaign by buying and donating specially marked, prepacked “Holidays Without Hunger” food boxes for $5 each, or making cash donations at the
WEST DES MOINES, Iowa — Hy-Vee Inc. will host its fifth “Best of Local Brands” summit in February to expand and enhance the product offerings at its more than 280 retail stores in Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, South Dakota and Wisconsin, the company said this week. One hundred new brands were selected from
CHICAGO — Consumers are not only accelerating their use of e-commerce sites and other digital channels during the pandemic, those channels are significantly influencing in-store shopping behavior as well, according to new survey findings from 1WorldSync. 1WorldSync, a global product content platform for brands and retailers, explores the preferences of U.S. consumers who have shopped online since
DEERFIELD, Ill. — Walgreens has issued the following statement on the COVID-19 surge: “As the nation experiences a surge in COVID-19 cases coinciding with the holidays, we are seeing unprecedented demand for related testing and vaccine services and products. We remain committed to offering convenient access to COVID-19 vaccinations and testing services and products that
WEST DES MOINES, Iowa — Midwestern grocer Hy-Vee Inc. sees growth opportunities to the south and east, according to a report in the Des Moines Register newspaper, which said the retailer plans to expand into four new states with more than 20 new stores by 2025. Citing a video statement by Hy-Vee chairman and chief
CAMP HILL, Pa. – Rite Aid Corp. posted adjusted earnings of $8.2 million or 15 cents per share for the third quarter, surprising analysts who had forecast an 18 cents per share loss. The company reported a net loss of $36.1 million, or 67 cents per share, for the quarter ended November 27. Adjusted EBITDA