The Decline of Big Lots: A Cautionary Tale for Retailers
Big Lots, once a prominent player in the closeout retail sector, is now navigating turbulent waters following its bankruptcy filing in 2024. The company, which operates over 1,000 stores across 48 states, has initiated a going-out-of-business (GOB) sales process in…
Shifting Consumer Behavior in the Nordic E-Commerce Landscape
As global economic uncertainty looms with central banks adjusting their policies to stimulate growth, the Nordic region stands at the crossroads of transformation. With expected growth rates of approximately 2 percent by 2025, the dynamics of consumer spending, saving, and…
Greg Finchum Named Food Lion President
In a significant shift for the grocery sector, Food Lion has announced that Greg Finchum will take the helm as President in May 2025. This transition comes in the wake of current President Meg Hamm’s retirement announcement. Finchum’s extensive experience…
Super Saturday 2024: Insights and Opportunities for Retailers
As the holiday shopping season heats up, Super Saturday presents a pivotal opportunity for retailers to capture consumer attention and drive sales. Scheduled for December 21 this year, just four days before Christmas, this day is expected to see approximately…
Sustainability as a Key Driver in E-Commerce Purchasing Decisions
Sustainability is no longer optional—it’s essential. According to recent research from Statista and McKinsey & Company, 82% of consumers express a willingness to pay more for sustainable packaging. This statistic highlights a significant shift in consumer behavior, emphasizing that eco-friendly…
Cyber 5 Sees $41 Billion in Online Sales, Yet Fewer Shoppers Participate
The Cyber 5 weekend of 2024 was marked by impressive online sales, totaling more than $41 billion, up from $38 billion in 2023, according to Adobe Analytics. While this figure sets a new record for ecommerce sales, it also unveiled…
Thanksgiving Holiday Weekend Shopping Beats Expectations
The Thanksgiving holiday weekend has long been a significant marker in the retail calendar, and the latest figures highlight that once again. According to the National Retail Federation (NRF) and Prosper Insight & Analytics, approximately 197 million shoppers took to…
TWIG Podcast: Mentoring the Next Generation of Top Women in Grocery
In the world of retail and grocery, internships are proving to be a transformative experience for both students and organizations. The latest episode of the TWIG podcast showcases insights from Christine Boenig, Vice President at Daymon, and Avery Knoll, a…
Navigating the Digital Retail Shift: Mandatory Leadership for E-commerce Success
In the fast-paced realm of digital retail, it has become increasingly crucial for businesses to adapt and evolve in order to remain competitive. E-commerce is not merely about having a website anymore; instead, it requires a multi-faceted approach that blends…
Allegiance Retail Services Launches New Checkout App
In the fast-paced world of grocery shopping, convenience is key. Allegiance Retail Services (ARS) has taken a significant step towards meeting customers’ needs by introducing a new mobile payment option known as Scan.Pay.Go. This innovative app, which launches first at…
