Fast Food Restaurants Continue Price Wars
Retail Wire
JULY 28, 2024
The urgency for discounts has grown as fast food sales have slowed and casual dining establishments have gained market share with their own value offers.
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Primark’s value offering drives its popularity as stores reopen, says GlobalData
Retail Times
APRIL 20, 2021
Following today’s release of Primark figures for H1 FY2020/21; Pippa Stephens, Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “With the majority of Primark’s retail space having been shuttered for most of H1 FY2020/21 as a result of COVID-19 restrictions, its revenue plummeted by £1.5bn to £2.2bn.
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SKUx Helps Retailers Collect Intent and Interest Data While Delivering Purchase Incentives
Retail TouchPoints
FEBRUARY 10, 2022
Additionally, the solution can help advertisers deliver higher-value offers with greater control over campaign costs, by leveraging media distribution vehicles to acquire customers that show purchase intent and interest in the brand.
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Sovereign Blue RRP changes to join ultra-value offering
Talking Retail
JANUARY 16, 2023
This story continues at Sovereign Blue RRP changes to join ultra-value offering. RRP changes will also be made to the range’s King Size, Super Kings and Sky Blue King Size products. The tobacco. Or just read more coverage at Talking Retail.
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Summer’s slow start slows Best & Less’ sales
Inside Retail
NOVEMBER 22, 2022
Looking ahead, we expect value-conscious shoppers to continue to be attracted to our differentiated specialty value offer. BLG’s executive chair, Jason Murray, said the business currently holds an “excellent” seasonal inventory position supported by its recent investment in lower prices.
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Derbion bolsters value offering with the arrival of B&M
Retail Times
JUNE 13, 2024
The new B&M store will offer shoppers the chance to discover branded products at low prices across groceries, homeware, toys, health and beauty, DIY and beyond. Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides!
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First Look: New Research Unpacks the Differences Between Subscriptions and Memberships
Retail TouchPoints
MAY 16, 2024
“Unsurprisingly, 74% of consumers agreed that the economy impacts how interested they are in memberships, so brands and retailers offering these programs need to be mindful of how they balance the financial benefits with more high-value offerings.” Influencing the Membership Journey Because memberships are more closely tied to long-term relationship (..)
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Dollar General Adds 100+ Private Label Products as it Expands Fresh Food Offerings
Retail TouchPoints
JULY 27, 2023
We have made significant enhancements to our private brands in 2023, and we know how important these value offerings are for our customers,” said Emily Taylor, EVP and Chief Merchandising Officer at Dollar General in a statement. “We
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What’s in Store for Grocery in 2022?
Retail TouchPoints
FEBRUARY 15, 2022
He leads Halla’s strategic vision, growth plan and value offering, and works to build robust, symbiotic relationships with customers, vendors and investors. Grocers certainly need to stay on their toes in 2022, but those that perform well should finally see profitability and loyalty return to this dynamic sector.
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Ross Stores adds 24 new locations in 2 months
Retail Dive
JULY 22, 2024
The off-price retailer still sees a path to 2,900 locations of its namesake banner as it also improves its value offering at DD’s Discounts.
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Exclusive: The thinking behind Coles’ revamped Chadstone flagship store
Inside Retail
MARCH 21, 2024
Coles is using the store revamp to trial key concepts that it identifies as being important to the customer, including an elevated “fresh and healthy” offering, as well as greater “convenience” and “value” offerings. “In
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Coles posts higher sales in fiscal first quarter
Inside Retail
OCTOBER 30, 2024
per cent growth in members participating in personalised value offers. Coles said it experienced strong sales growth in both next-day and same-day delivery, as well as Click & Collect, with the opening of its Victorian and NSW customer fulfilment centres during the quarter. Coles also said Flybuys active members climbed 4.1
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April Fools’ Day: worth the effort, or a waste of time?
Inside Retail
APRIL 3, 2022
If the April Fools’ idea is too far-fetched, random, or not aligned to what is well-known as the brand values, offering, and reputation, then it will miss the mark. The idea is to get a laugh! It should be close enough that it could be plausible, until you think about it a little more or explore it further.
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Morrisons keeps guidance as loyalty scheme and price cuts improve value offering, says GlobalData
Retail Times
SEPTEMBER 27, 2023
Following today’s release of Morrisons’ figures for the 13 weeks ending 30th July 2023; Joe Dawson, retail analyst at GlobalData, a leading data and analytics company, offers his view: “Despite reporting positive sales growth and retaining its profit guidance from January 2023 in this latest update, Morrisons is still lagging behind competitors.
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How Temple & Webster plans to use AI, private labels to reach $1b in sales
Inside Retail
AUGUST 15, 2023
However, in this macroeconomic environment, customers are particularly responsive to a high-value offering. “We Customers start caring about every dollar they spend, do more research and are looking for value. Rather, it’s a relatively non-discretionary product that’s typically bought on a need, rather than want, basis.
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M&S beats expectations as sales soar over Christmas
Retail Gazette
JANUARY 10, 2024
It added that its “ Remarksable Value ” offer also performed strongly, with sales surging 18% over the golden quarter. M&S chief executive Stuart Machin said the retailer’s “core categories grew strongly and its [larger stores] performed particularly well as more customers looked to us for more of their full shop”.
B&M beats lockdown peak as profits boosted by new store openings
Retail Gazette
JUNE 5, 2024
B&M has beaten its lockdown peak, thanks to new store openings and continued demand for its value offer from cash-strapped shoppers. The value retailer’s statutory pre-tax profits jumped 14% to £498m in the 53 weeks to 25 March, up from £436m.
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M&S trials discounted prices for Sparks members
Retail Gazette
JUNE 30, 2023
Limited trial of Sparks Prices underway pic.twitter.com/hlkP0sfl7V — Bryan Roberts (@BryanRoberts72) June 28, 2023 It is the latest value offer from the grocer, which revealed last week it was extending its price lock promise on 150 products through to the autumn.
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Tesco to open over 150 Express stores in next 3 years
Retail Gazette
NOVEMBER 25, 2024
Just last week, the retailer ramped up its value offering in its convenience stores by cutting the price of more than 200 own-brand and branded products, including milk, bread, pasta and coffee. Click here to sign up to Retail Gazette‘s free daily email newsletter
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Asda to open over 80 Express stores in December
Retail Gazette
DECEMBER 18, 2023
“Expansion into the growing convenience market is a key pillar of our long-term strategy to become the UK’s second largest supermarket retailer – and we know how important Asda’s great value is to families managing cost of living pressures – especially in the run-up to Christmas.”
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How retailers can thrive amid inflation: Strategies for the holiday season
Inside Retail
NOVEMBER 17, 2024
Instead of relying on less frequent deep discounts or bulk buys, many are shifting toward more frequent, smaller-value offers across multiple channels. Promotions and discounts: A new strategy As competition heats up, retailers are exploring new promotional and ‘touch point’ strategies.
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Why Understanding Modern Banking Products Adds Value to High-End Retail Strategies
Retail Focus
MAY 14, 2024
It’s not really like you’re only into selling luxury items; you have high-value offerings about tailored experiences that can speak volumes to financially savvy elite customers.
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M&S chair ‘unhappy’ with Ocado Retail as reset underway
Retail Gazette
JULY 9, 2023
Last month Ocado revealed it had slashed price of over 100 everyday food essentials as it looks to increase its value offer. M&S CEO Stuart Machin told investors that over 700 M&S products had been added on to the Ocado website recently. The range is getting better,” he said.
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Loylogic launches unique new loyalty point affiliate programme
Retail Focus
APRIL 8, 2021
“We have created an innovative solution that helps brands meet short term sales goals and grow customer value by connecting them with affluent consumers who can enjoy exclusive access to offers due to their loyalty program membership,” explained Dominic Hofer, CEO of Dezerved and Loylogic.
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This Holiday Season Finds Retailers Racing to Make Early Sales
VMS
NOVEMBER 28, 2022
They are offering customers deeper discounts before an economic slowdown causes a change in behavior once more. To bring in bargain-hungry shoppers and move unwanted inventory, many companies are promoting “value,” offering steep discounts and low prices more than last year, even as labor costs remain high.
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Less is more: How Metcash’s Supa Valu is doing things differently
Inside Retail
JULY 9, 2023
Stewart said that Supa Valu is still very much in a ‘pilot’ phase, and while it will likely launch a few new stores in the near future, a wider roll out isn’t on the cards. The Supa Valu offer is only here to complement IGA, and it’s designed to operate in key catchments where … value is the primary driver for shoppers,” Stewart explained.
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Virgin Wines profit soars despite ‘challenging’ trading environment
Retail Gazette
JANUARY 22, 2024
Virgin Wines CEO Jay Wright said: “Whilst new customer acquisition remains challenging, we have maintained our disciplined approach, and our new Warehouse Wines value offering which launched in late October has had an encouraging initial response. ” Click here to sign up to Retail Gazette‘s free daily email newsletter
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Wiser Insights: Navigating 2023’s Online Back-to-School Retail Trends
Wiser
SEPTEMBER 18, 2023
The convenience, variety, and value offered by online platforms presents a compelling proposition for consumers. This transition, coupled with the ongoing impact of the global pandemic, has necessitated a re-evaluation of strategies and approaches for businesses seeking to thrive in this evolving market.
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Will Aldi leapfrog Asda as the UK’s third biggest supermarket?
Retail Gazette
SEPTEMBER 12, 2024
The chain’s value offer and rapidly expanding store network in recent years saw it overtake Morrisons to become the UK’s fourth largest supermarket in 2022. The gap between Aldi and Asda is closing in as the German discounter revealed this week that its pre-tax profits had more than trebled to £536.7m
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B&M hits out at grocery loyalty schemes in new ‘no gimmicks’ food campaign
Retail Gazette
APRIL 5, 2024
The news comes after Sainsbury’s recently unveiled its latest value offering, ‘Low Everyday Prices’, which it said gave shoppers “market low prices” on selected big brand products, many of which aren’t available in Aldi.
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Poundstretcher unveils further price cuts in value push
Retail Gazette
SEPTEMBER 4, 2024
Poundstretcher has slashed its prices by up to 75% across hundreds of selected products in its summer sale as it ramps up its value offer. It comes after the value chain permanently lowered the price on 1,000 products on a range of household, cleaning, health and beauty and storage items.
Losing Shoppers in the Economic Downturn – Why its not such a bad thing!
Mike Anthony
MARCH 27, 2022
I am offering a limited number of complimentary consultations each week and I’d be delighted to explain more about Shopper Economics™ and share my thoughts on what actions you might consider. How about that for a value offer? Free of charge. Get in touch now to learn more.
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Black Friday & Cyber Monday 101
Independent Retailer
OCTOBER 7, 2021
This means retailers need to rethink their BFCM sales and assess the deals they offer. Instead, explore how to use new incentives for customers that create emotional connections and build a customer’s lifetime value.
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The Value Shopper – How to understand shoppers in an economic downturn
Mike Anthony
MAY 15, 2022
I am offering a limited number of complimentary consultations , where we can talk through your specific situation and I can use my understanding of Shopper Economics™ to help advise you there and then, on the spot. Now how about that for a value offer! If you are interested, please get in touch now.
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Ocado slashes prices on over 100 everyday essentials
Retail Gazette
JUNE 28, 2023
// Ocado says it has the “lowest milk price in the market” as it cuts prices on over 100 products // The online grocer said more than 60 of the reductions reflect the recent price cuts made by M&S Ocado has cut the price of over 100 everyday food essentials as it looks to increase its value offer.
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The Power of Pricing: How to Secure the Buy Box at Higher Rates
Wiser
OCTOBER 30, 2023
It indicates reliability and a strong supply chain, which Amazon values. Offer Excellent Customer Service: Efficient handling of customer queries, resolving issues promptly, and maintaining a high seller feedback score can elevate your ranking in Amazon’s algorithm.
Wingstop to open at Trafford Centre as part of Manchester expansion
A1 Retail
FEBRUARY 11, 2022
The Wingstop menu caters to chicken lovers everywhere with its good value offering of flavour-focused wings, burgers, tenders platters, sides and desserts served in modern, colourful restaurants.
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Sainsbury’s becomes first UK grocer to extend Aldi Price Match to convenience stores
Retail Gazette
NOVEMBER 3, 2024
The retailer said it “has breakfast, lunch and dinner essentials covered”, focusing on the go-to items households buy most often, including daily staples like milk, bread, butter, jam, peanut butter, honey, pasta, rice, salad, tuna, chicken, steak, potatoes and vegetable oil.
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Watches of Switzerland Group Unveils New TAG Heuer Boutique in Bath’s SouthGate Shopping Centre
365 Retail
SEPTEMBER 4, 2023
Created in partnership with TAG Heuer’s in-house design team, both the interior and exterior reflect the brand’s core values, offering shoppers a fully immersive retail experience. Designed to meticulous standards, the single-level boutique reflects the brand’s commitment to high-quality luxury.
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Top Retail Marketing Tools to Boost Your Business
Rain Pros
AUGUST 17, 2023
Use the right tools in a strategic manner and you’ll succeed in convincing your target audience to choose your retail business over others even if your prices and value offering are similar to those competitors. Effective tools do more than merely make customers aware of your retail business.
Top Retail Marketing Tools to Boost Your Business
Rain Pros
MAY 1, 2023
Use the right tools in a strategic manner and you’ll succeed in convincing your target audience to choose your retail business over others even if your prices and value offering are similar to those competitors. Effective tools do more than merely make customers aware of your retail business.
Sainsbury’s highlights sustainability credentials in new ‘Good to Know’ campaign
Retail Gazette
APRIL 10, 2024
While last week, the retailer unveiled its latest value offering , ‘Low Everyday Prices’, giving shoppers “market low prices” on selected big brand products, many of which aren’t available in Aldi.
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Why Colette, TDE parent Marquee Retail Group is looking to expand
Inside Retail
JUNE 27, 2023
We’ve tried to be smart with our forward buying, we’ve [put] a lid on costs, and are making sure that we’re promoting a value offer. “We’ve done all the things we should be doing in this environment. We’re also [continuing to] invest,” he said.
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The Real Greek to open at Trafford Centre as part of Northern expansion
A1 Retail
JANUARY 7, 2022
With its relaxed Mediterranean décor and good value offering, The Real Greek menu caters for everyone, from meat-eaters to pescatarians, vegetarians to vegans, featuring traditional and contemporary Greek meze dishes, flame-grilled meats, souvlaki wraps, and salads. The Real Greek is now ready for its foray into the North.
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