Joe Carras

In today's constantly changing retail landscape, staying ahead of the competition is crucial to captivating the attention of modern consumers. Retail displays play a pivotal role in this dynamic environment, acting as the platform where brands convey their narratives and engage with their audience. #Retail #Audience https://lnkd.in/g4iYsZv7

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ALDI's rapid expansion is transforming the grocery landscape, with industry experts weighing in on the impact. This fast-growing retailer is reshaping market dynamics and consumer habits. https://lnkd.in/ePDEUfps #Grocery #RetailTrends

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Marketing and communications strategy enhances a company’s ability to connect with customers

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Ahead of reporting earnings, Target announced it would cut prices for about 5,000 items. This video looks at Target's situation and other retailers, including Walmart and Ikea, that have seen price reductions recently. The grocery space in particular seems to be competitive, and Target's earnings results showed that it needs to attract shoppers who may have gone elsewhere. Read more Digital Commerce 360 reporting and analysis about what's going on in retail and ecommerce every day at our website. And access our recent story about Target here: https://bit.ly/4eccI9p #earnings #ecommerce #onlineretail #retail #Target

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Why store execution matters💯 The vision👀 is what head office envisions. Reality is what actually happens at store level🏪. Retailers have a sizeable opportunity to do more🚀 with less by focusing on in-store execution for programs they already pay for. #RetailOperations #RetailExecution #retail  https://lnkd.in/dNNav4nz

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Average #retail #sale #price fell 15.5% year-over-year to $58,380 from $69,073, and 1.5% from $59,269 in April. Story via Connor D. Wolf, ACT Research Co. #trucksales #trucks #trucking #truckingindustry

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"Well, OK, getting ahead of the holiday is one thing, but if the market is really not ready to buy, then this won’t produce much of a sales impact," says Mark Ryski, Author, CEO & Founder of HeadCount Corporation. "Yes, Home Depot has some Halloween products that have been in high demand, and making them available earlier in the year may attract some buyers who couldn’t find these items last year, but I can’t see a lot of other retailers jumping on this band wagon." Check out more insights from one of the retail industry’s leading experts - https://buff.ly/3qRfPx2. More great comments on this topic by RetailWire's BrainTrust experts including: Neil Saunders, David Biernbaum, John Lietsch, Georganne Bender, Gary Sankary, Susan O'Neal, Cathy Hotka, • Shep Hyken, Jeff Sward, Mohammad Ahsen (Socially Ahsen), and Richard George.

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As you are planning for the back half of the year, ask yourself these two questions: 1.     Do you know what the condition of your displays, merchandising and down stocking are in retail right now and do you have a plan to fix them? 2.     Does your company have staff in place to serve customers in the retail stores during the busy holiday season? If you find yourself uncertain about either question, it’s time to connect with us. At Premium Retail Services, we offer innovative AI-Powered Audits and Assisted Sales Programs that are transforming the way businesses engage with customers and oversee their retail displays. AI-Powered Audits: Leveraging our exclusive Premium 360 platform, we harness the power of genuine machine learning AI through our extensive field network to swiftly provide you with a comprehensive overview of your display conditions across all retail partners. This service includes high-resolution imagery of each display, and together, we can devise a plan to rectify any issues well ahead of the holiday rush. Assisted Sales Programs: Elevate the consumer shopping experience with our expert sales associates, who are thoroughly trained and prepared to support customers during critical holiday sales periods. No matter the scale of your program, from 10 to 1,000 stores, our team is equipped to seamlessly integrate and boost your sales. Please reach out to me and we can give you a demonstration of our capabilities. #RetailInnovation #HolidaySales #AIPoweredRetail #AssistedSales #PremiumRetailServices

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Walmart is not just looking to give emerging brands a foot in the door, it also wants to provide them with the education and resources to succeed once inside, according to Jason Fremstad, SVP of Supplier Development, who spoke with ECRM & RangeMe SVP of Retail Wayne Bennett in a recent fireside chat video. During the discussion, Fremstad shared how Walmart has created several tailored pathways for suppliers based on their origin, category, and maturity level and how its innovative programs, including its Growth Summits and Open Call events are designed to support suppliers at different stages of their journey. These initiatives help suppliers understand and navigate Walmart’s processes while ensuring a steady pipeline of new and capable suppliers and products for customers. Learn more in the latest RangeMe blog post below! #smallbusiness #madeinusa #cpg #walmart #retail #ecrmrangeme

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Walmart is not just looking to give emerging brands a foot in the door, it also wants to provide them with the education and resources to succeed once inside, according to Jason Fremstad, SVP of Supplier Development, who spoke with ECRM & RangeMe SVP of Retail Wayne Bennett in a recent fireside chat video. During the discussion, Fremstad shared how Walmart has created several tailored pathways for suppliers based on their origin, category, and maturity level and how its innovative programs, including its Growth Summits and Open Call events are designed to support suppliers at different stages of their journey. These initiatives help suppliers understand and navigate Walmart’s processes while ensuring a steady pipeline of new and capable suppliers and products for customers. Learn more in the latest RangeMe blog post below! #cpgindustry #consumergoods #startups #walmart

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Please take some time to listen to our story on the Automatic Merchandiser & VendingMarketWatch podcast that dropped today. Enjoy! #Podcast #Vending #OCS #NAMA #Fixturelite

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It’s no secret that retailers are cracking down on returns. In 2023, 81% of U.S. retailers implemented pay-to-return policies in some capacity. Shoppers racked up more than $5 trillion worth of retail sales in the U.S. last year, according to the National Retail Federation. About 14.5% of those sales were returned. That equates to an enormous value in returned goods: $743 billion in 2023 alone. Here's how companies are making an effort to tamp down on return losses.

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The National Retail Federation came out with some positive numbers showing strength from the consumer in the month of May. Retail sales excluding auto and gas year over year were up 3% compared to April’s number that showed a decline of 0.6%. The strength came from nonstore retailer‘s which saw an increase of 2.1% and that was closely followed by restaurant and bars which increased 2% and food and beverage was also up 2% in the month. There was a decline in building and garden supplies stores as they saw a decline of 0.6%. Overall this shows that the consumer is still spending and I still believe it’s because they feel very comfortable and secure in their current job. I also believe people feel if they lose that job they feel confident they can find another one. #retailfederation #retail #consumers #consuemrspending #inflation #economy #useconomy #investing #investors

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Liquor inventory control might seem complicated — but it doesn’t have to be. Check out our quick guide to managing your #liquorstore inventory like a pro ➡️ https://hubs.la/Q02DCPF30

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