Instacart’s grocery sales growth is slowing: With investors souring on app-driven delivery startups and a deceleration in its grocery sales, the company cut its internal valuation by 20%.
Albertsons’ ecommerce push is working: The grocer’s digital sales growth massively outpaced the broader US online grocery market in the most recent quarter.
The beer industry is not recession-proof: Rising prices are denting demand as cash-strapped consumers look for cheaper alcoholic options.
Instacart will retain its status as grocery delivery king this year, capturing 73.0% of US digital grocery sales among third-party delivery services, per our forecast. However, competitors such as DoorDash and Uber will continue to eat away at its dominance.
Conagra boosts its outlook: Higher prices and a shift in its product mix are why the company expects annual sales to rise between 7% and 8% for fiscal 2023.
It doesn’t take a CPGenius to understand that consumer packaged goods (CPG) have gone digital. “Winning at the digital shelf is more critical than ever” for CPG brands, according to our analyst Andrew Lipsman. Here are five charts on what retailers, marketers, and logistics professionals need to know about CPG.
Amazon and Starbucks have aggressively pushed back against the labor movement: While that has helped slow unionization, it comes at a cost.
The days of heady growth are over for rapid grocery startups: The once-frothy sector is now down to a handful of players and facing steep competition from Uber and Doordash.
Inflation causes shoppers to change how they shop for groceries: Consumers are cutting costs by buying items such as alcohol, snacks, and desserts less often.
Traveling for the holidays? Here are four episodes of our “Reimagining Retail” podcast for your listening pleasure while you’re on the road.
Seasonal weather and stock issues call for clever campaigns: e.l.f. cosmetics turns to celebrity, social, and snow plows to drum up excitement.
There’s still money in grocery delivery: But investors are prioritizing sustainable growth over rapid expansion.
Health and personal care will be the third-fastest-growing ecommerce sales category this year, growing 22.1% year over year, according to our forecast.
US consumers continue to spend: But they’re increasingly selective about their purchases, which is bad news for retailers selling pricey goods such as consumer electronics.
Ulta store traffic exceeded pre-pandemic levels in Q3: The milestone comes as the beauty retailer makes extensive changes to store layouts and reported strong quarterly sales growth.
Ultrafast delivery app downloads exploded worldwide during the pandemic. The top 10 apps in this space were downloaded 23.1 million times collectively in Q1 2022, according to Apptopia. Getir leads by a wide margin, ahead of rivals like Gopuff and Gorillas.
DoorDash turns to layoffs to combat ballooning operating expenses: While delivery revenues continue to grow, the platform will cut 6% of its employees to get its balance sheet under control.
Kroger lifted its full-year outlook: The grocer delivered strong Q3 results, which it attributed to its strong value proposition.
Dollar Tree sees higher sales, but lower profits: The discount retailer’s expansion into grocery is growing ticket sizes but squeezing margins.
Gopuff’s latest moves signal the company’s cautious approach to growth: The rapid grocery startup is adding scheduled delivery, in-store pickup, and gifting options as it looks for longevity.