Shopper

LensCrafters Celebrates Grand Opening of New Store in Cicero, New York

Retrieved on: 
fredag, maj 10, 2024

NEW YORK, May 10, 2024 /PRNewswire/ -- LensCrafters, part of EssilorLuxottica and one of the largest optical retail brands in North America, announces the opening of the company's newest store in Cicero, New York on May 10th. LensCrafters was previously located in Great Northern Mall which closed in December 2022. The new store, located at 38003 Route 11, will reinforce the company as a trusted optical retail leader in the region.

Key Points: 
  • NEW YORK, May 10, 2024 /PRNewswire/ -- LensCrafters , part of EssilorLuxottica and one of the largest optical retail brands in North America, announces the opening of the company's newest store in Cicero, New York on May 10th.
  • The new store, located at 38003 Route 11, will reinforce the company as a trusted optical retail leader in the region.
  • "This latest opening in upstate New York is part of LensCrafters' continued dedication to serve all communities in North America," said Alfonso Cerullo, President of LensCrafters.
  • The premium store experience will leverage a wide range of tools to afford customers more opportunities to meet their needs.

VTEX Reports First Quarter 2024 Financial Results

Retrieved on: 
tisdag, maj 7, 2024

VTEX (NYSE: VTEX), the composable and complete commerce platform for premier brands and retailers, today announced results for the first quarter of 2024 ended March 31, 2024.

Key Points: 
  • VTEX (NYSE: VTEX), the composable and complete commerce platform for premier brands and retailers, today announced results for the first quarter of 2024 ended March 31, 2024.
  • VTEX results have been prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (“IFRS Accounting Standards”) IAS 34 Interim Financial Reporting.
  • Non-GAAP subscription gross margin was 77.2% in the first quarter of 2024, compared to 73.9% in the same quarter of 2023.
  • Non-GAAP income from operations was US$3.0 million during the first quarter of 2024, compared to a Non-GAAP loss from operations of US$4.1 million in the same quarter of 2023.

VTEX Announces Products to Elevate Commerce Experiences

Retrieved on: 
torsdag, april 11, 2024

VTEX (NYSE: VTEX), the composable and complete commerce platform for premier B2C and B2B brands, is set to unveil its latest suite of products poised to shape the future of commerce at VTEX DAY.

Key Points: 
  • VTEX (NYSE: VTEX), the composable and complete commerce platform for premier B2C and B2B brands, is set to unveil its latest suite of products poised to shape the future of commerce at VTEX DAY.
  • Renowned for its commitment to elevating customer experiences, developer workflows, and conversion rates, VTEX will showcase strategies for B2B and B2C enterprises to optimize their commerce platforms and amplify their ROI.
  • VTEX Ad Network: leveraging VTEX vast brand and supplier network to connect customers with perfect advertising partners.
  • VTEX is transforming the commerce landscape with groundbreaking products tailored for enterprise customers, their IT teams, and business teams.

Hope on the Horizon: CarGurus Q1 2024 Report Reveals Inventory and Demand are Rebounding as Prices Improve

Retrieved on: 
måndag, april 8, 2024

“Rebounding inventory and moderating prices are fueling pent-up demand in spite of high interest rates.

Key Points: 
  • “Rebounding inventory and moderating prices are fueling pent-up demand in spite of high interest rates.
  • Our research shows sales for both new and used vehicles are, so far, outpacing last year’s levels,” said Kevin Roberts, Director of Industry Insights & Analytics at CarGurus.
  • “While it’s still challenging to find that elusive affordable car, there’s hope for additional price declines as prices normalize closer to inflation-adjusted levels.
  • Unlike inventory trends for more affordable options, shoppers in this segment have access to a 133% increase in inventory compared to Q1 2020.

Vallarta Supermarkets to Optimize Store Assortments with RELEX Solutions

Retrieved on: 
onsdag, mars 27, 2024

Vallarta Supermarkets , a regional U.S.-based grocer, has selected RELEX Solutions , provider of unified supply chain and retail planning solutions, to support their growth and improve efficiency.

Key Points: 
  • Vallarta Supermarkets , a regional U.S.-based grocer, has selected RELEX Solutions , provider of unified supply chain and retail planning solutions, to support their growth and improve efficiency.
  • Vallarta Supermarkets will use space and assortment planning capabilities from RELEX to better utilize space, increase product availability, and ultimately, to support their customer-first founding principle.
  • For more than 35 years, Vallarta Supermarkets has been bringing families together over fresh and authentic food.
  • Using RELEX, Vallarta Supermarkets will have data-driven insights to better understand the performance of individual categories and assign the right amount of space to each category and each product in each store.

Shoppers Drug Mart Launches Recycling Program for Quo Beauty™ Cosmetics

Retrieved on: 
måndag, mars 25, 2024

TORONTO, March 25, 2024 /CNW/ - Shoppers Drug Mart Inc. ("Shoppers Drug Mart") is making strides toward its commitment to reduce plastic waste with the launch of the Quo Beauty Cosmetics Free Recycling Program .

Key Points: 
  • TORONTO, March 25, 2024 /CNW/ - Shoppers Drug Mart Inc. ("Shoppers Drug Mart") is making strides toward its commitment to reduce plastic waste with the launch of the Quo Beauty Cosmetics Free Recycling Program .
  • In partnership with international recycling leader TerraCycle, the new program introduces a convenient solution for customers to recycle empty Quo Beauty cosmetics components and keep plastic packaging from going to landfills and incinerators.
  • For each pound of cosmetics waste shipped in through the recycling program, $1 will be donated to Shoppers Foundation for Women's Health™ .
  • The following Quo Beauty cosmetics components are eligible for recycling:

Sales of Chocolate and Candy Reach All-Time High of $48 Billion in 2023

Retrieved on: 
måndag, mars 11, 2024

AVENTURA, Fla., March 11, 2024 /PRNewswire/ -- Confectionery sales hit $48 billion in 2023, a number largely driven by inflation, according to the 2024 State of Treating report published today by the National Confectioners Association. The report projects that U.S. confectionery sales will reach $61 billion by 2028.

Key Points: 
  • The report projects that U.S. confectionery sales will reach $61 billion by 2028.
  • Why it matters: More than 98% of American consumers purchased chocolate, candy, gum, and mints in 2023.
  • Consumers seek out chocolate and candy to help enhance holiday seasons, family celebrations, and those important 'treat yourself' moments."
  • Chocolate and candy play important roles in celebrations and holidays, as a reward, a little escape, a gift, or to share with others.

Bazaarvoice 2024 Shopper Preference Report: Return to Office Boosts Physical Shopping, with Over 50% Spending More In-store

Retrieved on: 
torsdag, februari 29, 2024

As more workplaces adopt hybrid work models, 64% of U.S. consumers have returned to a physical office for a part of their work week.

Key Points: 
  • As more workplaces adopt hybrid work models, 64% of U.S. consumers have returned to a physical office for a part of their work week.
  • Research shows that consumers are recalibrating their spending habits accordingly – 53% of those returning to work are spending more money in physical stores compared to online platforms.
  • As brands and retailers navigate market turmoil, Bazaarvoice's research highlights a vital requirement for them – focus on optimizing both their physical and digital shelves.
  • To hear from industry leaders about how they’re navigating the ever-evolving customer journey, you can register here to attend the Bazaarvoice Summit 2024 (March 5-6).

Insite AI Launches Shopper AI™: Delivering the ‘Why’ Behind Shopper Behavior Trends, Powered by Predictive Analytics and Generative AI

Retrieved on: 
torsdag, mars 7, 2024

Shopper AI from Insite AI harmonizes a brand’s disparate sources of shopper data, mines for insights and provides an immediate AI-powered shortcut to actionable recommendations.

Key Points: 
  • Shopper AI from Insite AI harmonizes a brand’s disparate sources of shopper data, mines for insights and provides an immediate AI-powered shortcut to actionable recommendations.
  • Insite AI can help brands make this data actionable through Shopper AI.
  • Shopper AI goes beyond the data to review certain market conditions, price elasticities, demand transference, shifts in shopper behavior and more.
  • Shopper AI goes much further, leveraging AI to explain what the data means and suggest a plan of action,” said Kristine Joji, EVP, strategy consulting, Insite AI.

Clean Label Products Driving Retail Sales as They Gain Preference Among Consumers, Per New Acosta Group Study

Retrieved on: 
torsdag, mars 7, 2024

JACKSONVILLE, Fla., March 7, 2024 /PRNewswire/ -- Acosta Group has released the results of its recent Clean Label Insights Study with its proprietary Shopper Community in advance of Expo West, providing brands and retailers insights into the growing value shoppers place on clean label in purchasing decisions as well as their attitudes on regulations pertaining to product ingredients, including the California Food Safety Act of 2023.

Key Points: 
  • Acosta Group's deeper dive into clean label comes shortly after the release of its five retail   predictions for 2024, one of which stated that consumers will prioritize what's NOT in their products.
  • While all consumers may not be aware of recent regulatory legislation, 83% of shoppers are already knowledgeable about clean label products or have heard the term.
  • "Our research further defines shopper priorities, preferences and generational differences around clean label products," said Kathy Risch , SVP, Thought Leadership and Shopper Insights, Acosta Group.
  • Importantly, 57% of shoppers trust retailers' clean label efforts, with that number rising to 77% for households with kids, according to the Acosta Group study.