Retailing Today Insights: Top 100 Retailers and Categories
Sponsored by Nielsen
Welcome to Retailing Today’s annual Insights issue. This unique product was created to provide a blended look at the performance of the nation’s Top 100 retailers and Top 100 mass market product categories in one convenient format. In addition to offering an abundance of useful statistics, the greater objective was to put the performance in context by providing analysis of key industry developments, insights into market moving trends and a thought-provoking view on where the retail and consumer packaged goods industry is headed in 2013.
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Total U.S. Shopper Traffic in Retail Stores and Malls for October 2013
Shopper activity increased this October, in line with ShopperTrak expectations. Total retail store shopper traffic increased 2.4% compared to . . .
In 2023, the customer is king — really
By Vicki Cantrell, executive director of Shop.org
Change is constant, as they say, and we’ve all seen a lot of that, especially in the past few years. But as I look 10 years into the future, I think we’re actually in the early days of not just more change, but wholesale revolution, too. “Revolution” is a strong — and possibly overused — term. Why are the next 10 years different? Fundamentally, our customer has changed more in the past three years than in the past 30 and the pace of change is poised to accelerate in the coming decade.
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Walmart International president and CEO Doug McMillon isn’t due to replace current Wal-Mart Stores president and CEO Mike Duke until February, but when he does the most pressing matter on a long list of priorities will be executing the company’s digital vision. Read more
Walmart chief marketing and merchandising officer Duncan Mac Naughton told investors during an October meeting that the retailer would have the largest share of voice during the holiday season and that was certainly evident during November, according to data released this week from Kantar Media Ad Intelligence and Placed. Read more
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Unprecedented shopper traffic was seen at Target on Black Friday, according to president, CEO and chairman, Gregg Steinhafel, who also said the retailer provided exceptional service without offering much insight into sales.
Target spent an estimated $28 million on advertising November 3-7, which netted it nearly 12% of retail traffic during Thanksgiving weekend, according to data released this week from Kantar Media Ad Intelligence and Placed.
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Turning Supply Chain Pains into Gains for Suppliers and Retailers
Listen to the discussion on how routing guides can be used as a roadmap to stronger relationships between suppliers and retailers. more ...