Black Friday 2024 showcased omnichannel’s growing dominance, with online sales surging nearly 15%. Experts noted that while Black Friday has evolved into a season-long event, its role remains pivotal, sparking optimism for a strong holiday shopping season.
Consumers are reshaping retail by prioritizing convenience, with Millennials driving trends like smaller store formats. Meanwhile, shifts in spending patterns reveal a preference for luxury or value over mid-priced options.
The latest financial data shows Cava is enjoying tremendous success, outpacing the fast-casual dining segment and sustaining jaw-dropping growth. Some of this success is likely thanks to its Gen Z engagement strategy.
NEW ORLEANS – Embracing innovation, cultivating culture, and focusing on collaboration along the supply chain were key themes on display at the DMA Annual Conference. Hosted by Distribution Market Advantage (DMA), this year’s iteration of …
Amid inflationary headwinds and fluctuating consumer demand, restaurant operators are facing difficult times. What are consumers looking for when they eat out, and what operators are successfully navigating the current climate? The Food Institute hosted …
Convenience stores have seen significant growth in 2024, with visits increasing 58.6% in August compared to 2021, driven by expanded food offerings and smaller, more frequent shopping trips.
A new report from Placer.ai highlights that grocery stores offering in-store healthcare services are seeing increased foot traffic, particularly from higher-income customers. Wellness offerings not only boost store visits but also enhance customer loyalty.
Tuesday brought big business news, as Chipotle announced that its chairman and CEO, Brian Niccol, had accepted a similar post at Starbucks.
LongHorn Steakhouse has become a prime candidate to unseat rivals like Texas Roadhouse as America’s preferred steakhouse.
The so-called fast-food “value wars” are ramping up. First McDonald’s and Taco Bell tried to undercut each other; now Sonic’s $1.99 meal has taken things to another level.
The promotion, which started in mid-May, saw visits on Monday, May 27 increase nearly 56% compared to the average number of Monday visitors from the four months prior.
Casey’s and Maverik are highlighting breakfast while Buc-ee’s and Rutter’s are leveraging increased square footage and store footprints to drive sales and steal market share away from grocers and retailers.
McDonald’s Execs Promise to be Price Sensitive in Q2, as ‘All Income Cohorts Are Seeking Value’
With an eye towards efficiency (and, one presumes, improved profits), Panera Bread recently unveiled it’s largest menu revamp ever.
Has the would-be darling of the pandemic-era – ghost kitchens – been resurrected by a partnership between Denny’s and Franklin Junction?
When it comes to the food industry, Kohen said food and restaurant retailers can take advantage of smaller formats in neighborhoods and lifestyle centers, providing a dining experience to the shopping journey.
Eatertainment is the crossroads where dining meets entertainment, from arcade havens to upscale dining experiences. Find out why Eatertainment venues are outshining casual dining, even amid the economic challenges of 2023. Hear from experts like …
As the calendar turns toward a new year, many consumers continue to watch their budgets closely. And that factor is shaping retail strategies for 2024. “The average American family has eaten into the savings it …
Labor challenges, diverging dining hours, and burgeoning menus were among the foodservice themes explored at DMA’s event in Texas.
What do consumers desire in 2024 when they eat out? Value and convenience, mostly, and though those are universal qualities most any time, an uncertain economic outlook and increased food prices have seen consumers slowly …
Consumers across the country are going out to dinner more often—and much earlier—than they were before the pandemic. Turns out, being an early bird isn’t all that special anymore. “Our data indicates that fine-dining customers …
There has been a sizable population shift to America’s Sun Belt as well as its suburbs and rural areas in recent years. That fact has reshaped the nation’s commercial real estate, experts say.
The J.D. Power 2023 Pharmacy Study finds consumers prefer Sam’s Club to Costco when it comes to brick-and-mortar mass merchandiser pharmacies, and H-E-B to Wegmans and Publix when it comes to supermarket pharmacies. “As pharmacies …
Restaurant chains specializing in spicy offerings are gathering steam in 2023. Case in point: Dave’s Hot Chicken, which grew from two locations to 118 over the past few years, saw May 2023 visits increase 126.6% …
Amazon’s two-day Prime Day event starts July 11, and retailers are hoping it lifts the restraint consumers have been exhibiting since the beginning of the year. Call it Christmas in July. The annual sales orgy …
Private label has become a major category for retailers: 59% of executives say they will continue to prioritize private label, while 21% say their private label efforts will be accelerated, according to a survey by …
Inflation is causing consumers to rethink spending in numerous ways. Coffee, however, is one category that remains untouchable. Coffee, after all, is an affordable luxury. “Despite cutting down on dining out or travel, you can …
New research from analytics firm Placer.ai noted the steps that successful grocery chains are taking in 2023 to outpace the competition amid inflation.
When it comes to seafood, shrimp is, well, no shrimp. While other seafood prices have been on the upswing since the pandemic era, shrimp prices have remained affordable and stable, providing value opportunities for savvy …
Shoppers flock to dollar stores, attracted by their low prices and convenience, but opponents say they harm a community more than help by taking sales from traditional grocery stores. In some cases, they can lead …
Consumers’ grocery shopping habits are changing as they grapple with inflation, leading to fewer trips but spending more during each visit. Between November 2022 and January 2023, average basket size rose 6% while number of …
New analysis from Placer.ai suggests Whataburger, Wawa, and Dave & Buster’s are among the top brands to watch in 2023, with all three gaining traction through expansion.
The grocery space has been upended over the past three years and leaders must face new challenges with patience, according to Placer.ai’s Retail Trends Forecast 2023 report.
