The Shelf Talker
Amazon testing retail store that eliminates checkout line, charges shoppers as they leave
Amazon.com Inc. unveiled technology that will let shoppers grab groceries without having to scan and pay for them — in one stroke eliminating the checkout line. The company is testing the new system at what it’s calling an Amazon Go store in Seattle, which will open to the public early next year.
Patented Technology: Financial Post
Albertsons nears deal to acquire Price Chopper
Albertsons is in advanced negotiations to buy Price Chopper, a family-owned chain with about 130 stores in the Northeast, for about $1 billion, sources told Reuters. The Golub family has owned Schenectady, N.Y.-based Price Chopper for more than 80 years, and current CEO Scott Grimmett is the first non-family chief executive.
Store Trends: DECEMBER 2016
The fictitious red “Easy Button” was pure marketing gold for Staples in 2005. Back then it was featured in ads as having magical properties. Today it’s been tech-enabled in the form of a reordering system that integrates IBM’s Watson technology to simplify office supply management for Staples Business Advantage Customers.
More Trends: National Retail Federation
Sears CEO could take a bigger stake in Sears Hometown
Sears CEO Edward Lampert is already the biggest shareholder in Sears Hometown and Outlet Stores, and he will invest further if Sears Hometown agrees to a partnership on certain Sears brands, according to regulatory filings. Sears Hometown was spun off from Sears in 2012.
Brand Partnerships: Reuters
5 Important Food Retail Trends for 2017
Each of these trends is a potential differentiator, a possible leverage point, for food retailers. This is especially relevant as we enter the January post-holiday fitness and diet period. Merchandised properly, retailers can drive home the fact that they are in lockstep with what consumers are beginning to want and expect.
Get Ahead of 2017: Windsor Marketing Group
Shifting shopping trends bring pop-up opportunities
Pop-ups are finding more space in high-end New York City retail districts as landlords extend rent discounts to show prospective long-term tenants the possibilities for the space. The rise of online shopping has retailers pulling back on store expansion and long-term lease deals, freeing up more premium space for temporary stores, said Greg Portell of A.T. Kearney.
Sign In Required: The Wall Street Journal
London attracts global brands in growing numbers
About 75 retailers opened their first shops in London this year, including 59 international brands. “Cronut” creator Dominique Ansel Bakery chose London for its first European shop, and US shoe brand New Balance chose the city for its first British flagship.
More Big Names: The Telegraph
Yahoo helps Cadbury promote holiday videos
Cadbury and Yahoo Storytellers are launching a series of videos that capture the spirit of the holidays, such as one in which the chocolate company helps a boy decorate his neighbor’s house for Christmas. Yahoo Storytellers will create GIFs and short clips to boost engagement and spread the campaign.
Source: The Drum
Jewel-Osco to roll out upscale concept in Chicago
Jewel-Osco will open a high-end grocery on Clark and Division streets in downtown Chicago next year, on the site of an older store the retailer closed in 2015. The 45,000-square-foot flagship will include a full-service bar and in-store fresh food dining options.
45,000-square-foot Jewel: The Chicago Tribune
Meijer picks first non-family CEO
Rick Keyes, who started with Meijer as a pharmacist 27 years ago and was promoted to president last year, has been named the first CEO from outside the retailer’s founding family. Current CEO Hank Meijer has moved into the role of executive chairman of the 230-store Michigan-based chain.