Week of December 25, 2023
Accelerate Your Insights is a weekly news recap of the top trends in CPG focusing on retailer headlines, key shopper behaviors, and industry events.
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Industry News
2024 Grocery Innovation Outlook
What’s on the cutting edge of retail technology for the coming year?
Danone Sells Horizon Organic Dairy Brand
Platinum Equity to operate brand as independent business
Food and beverage makers to be ‘more careful and strategic’ with M&A in 2024
Inflation and higher interest rates are among the challenges expected to weigh on deal-making in the new year.
RTD alcohol is embracing bold flavors. Here are 3 trends to watch.
eat, hops and fruit flavors are growing across the category, but a move toward spirits-based beverages might leave many convenience retailers behind.
These were the top beauty industry takeaways from 2023
From booming sales to bankruptcies, acquisitions, and viral moments, the year was a dynamic one for beauty.
How brand storytelling became a retail marketing essential
Rather than a sales pitch, younger consumers want the story of a brand’s origin and purpose.
Instagram Reels outperforms TikTok, Facebook for branded video content, report says
The findings from Emplifi reflect a shift in Instagram Reels performance rates, with longer videos outperforming short-form content.
Placer.ai: Super Saturday traffic rivals Black Friday numbers
Super Saturday (the last Saturday before Christmas) and Christmas Eve Eve landed on the same day last year, proving to be nearly as beneficial for retailers, if not more, than Black Friday was.
Retailer News
How Kowalski’s Is Tapping Into the Potential of Shopping Malls
Regional grocer planning to open 2 new stores in centers, as retailers and developers rethink mall concepts
DoorDash sets sights on grocery growth
The delivery company’s CEO says its maintaining a high bar for new acquisitions
Kwik Trip to Invest $151 Million in Wisconsin Expansion
Plans include growing dairy, commissary and bakery facilities in La Crosse
The Giant Company offers health-focused virtual ‘pantry makeover’
A mid-Atlantic grocery chain is helping customers refresh their pantries for healthier living in the new year.
Target continues savings with post-holiday clearance
The end of the holiday season is not marking the end of discounts at Target Corp.
SEG Emphasizes Shopping Experience
Southeastern Grocers Inc., parent company and home of Fresco y Más, Harveys Supermarket, and Winn-Dixie grocery stores, looked back on the moves made in 2023 to improve the customer shopping experience.
Fairway Market launches 30-minute delivery through Instacart
Called Fairway Now, the service is now available from two of the grocer’s Manhattan stores and will roll out to its remaining locations in the coming weeks.