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November 9, 2012
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  Retail Beat 
  • Big profit, little attention for private chain
    Nathan "Natie" Kirsh is a South African billionaire who owns 86 Restaurant Depot stores and 10 Jetro Cash & Carry stores, including a Restaurant Depot in New York City that was packed with customers after superstorm Sandy. "We are private, we are profitable and we have fun," Kirsh said of Jetro Holdings, which reportedly generated more than $6.5 billion in revenue during the past year and has a margin nearly double that of Costco Wholesale. Bloomberg Businessweek (11/9) LinkedInFacebookTwitterEmail this Story
  • Rebate keeps Meijer's turkey prices low
    Meijer customers who spend $20 can buy a turkey for as little as 43 cents per pound, using a rebate that gives $10 or $17 off, depending on size. "Meijer is proud to have truckloads of turkeys ready for the holidays while driving our prices down," said Jerry Suter, vice president of fresh merchandise. Supermarket News (11/8) LinkedInFacebookTwitterEmail this Story
  • Hy-Vee will honor veterans with free breakfast
    Hy-Vee locations with in-store dining will celebrate Veterans Day with a breakfast buffet that is free for veterans and available to others at a low cost. "Hy-Vee's Veterans Breakfast is one of the most rewarding activities we sponsor each year," President Randy Edeker said. "It's an opportunity for communities to come together to thank our veterans for the sacrifices they have made to secure our freedoms." Supermarket News (11/8) LinkedInFacebookTwitterEmail this Story
HBR: The Discipline of Business Experimentation
Harvard Business Review: How can CPGs and grocers run experiments in a way that truly changes the business? Download this complimentary HBR article to read more.
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  Trend-Spotter 
 
  • Another generation discovers hard cider
    Hard cider, popular with Americans hundreds of years ago, is returning to favor, with sales up 65% as large companies and artisan brewers offer the drink. Amanda Geiger of Binghamton, N.Y., said she likes the variety: "You've got your drier ones, your sweeter ones, you've got your spiced ones. And I just think there's more room for everyone's taste in there." National Public Radio (text and audio)/The Salt blog (11/8) LinkedInFacebookTwitterEmail this Story
Influence More Shoppers. Drive More Sales.
You know how to advertise for reach and awareness. But are you driving conversions? With Quotient, you can impact millions of shoppers daily. Through digital grocery coupons, targeted media and unmatched shopper data, you can leverage Quotient's network of 60,000+ stores to make sales happen. Learn more.
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  Health, Nutrition & Pharmacy 
 
  • MinuteClinic marks Diabetes Month with free screening
    MinuteClinic locations are providing free diabetes screening throughout November, which is American Diabetes Month. "By providing convenient diabetes screenings at no cost, we hope to expand awareness of diabetes risk factors and help put some of our patients back on the path to better health," said Nancy Gagliano, chief medical officer for MinuteClinic, which has 600 locations at CVS/pharmacy stores. Drug Store News (11/8) LinkedInFacebookTwitterEmail this Story
  • ZoomCare continues clinic expansion
    ZoomCare, a retail medical clinic founded in 2006, recently opened a location in Boise, Idaho, and is planning six more in Oregon and Washington. The chain, with 14 clinics, was started by two physicians in Portland, Ore., and focuses on low overhead and good customer service. The Oregonian (Portland) (11/8) LinkedInFacebookTwitterEmail this Story
Not All Geofences Are Created Equal — Here's Why
According to Pitney Bowes, more than 80% of data maintained by organizations worldwide has a location component. Location intelligence has a variety of uses—customer analytics, geofencing, user experience, advertising and marketing campaigns, safety and security—to name a few. This white paper focuses on geofencing and its growing use cases.
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  Supplier News 
 
  • Dannon taps top chef for Greek yogurt recipes
    Richard Blais, winner of "Top Chef All-Stars" on Bravo, is creating recipes for Dannon using Oikos Greek yogurt. "I am excited to work with Dannon Oikos on their Tasty Additions to Your Traditions campaign and provide recipes that are a great addition to a healthy lifestyle," he said. Progressive Grocer (11/8) LinkedInFacebookTwitterEmail this Story
  • Carbonated aloe drink debuts from Novamex
    Alova, a sparkling aloe vera beverage with 70 to 80 calories per bottle, has been introduced by Novamex and is available nationwide at The Fresh Market. The drink comes in cucumber/mint, grapefruit and mandarin orange. The Fresh Market was instrumental in product development and flavor selection. Drinks Business Review (11/9) LinkedInFacebookTwitterEmail this Story
What Is Customer Recognition?
Finding and following all of the threads that lead to each distinct customer is the goal at the heart of all identity resolution solutions. It may be what recognizes and separates a loyal customer from a one-time purchaser. It may be the difference between precisely allocating your marketing budget and millions of dollars in wasted spend. Read our report: Age of the Connected Consumer
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  Technology Solutions 
 
  • SkuLoop is purchased by Revionics
    SkuLoop, which optimizes promotions through social commerce, has been acquired by Revionics. The latter will add a social-marketing platform, Revionics Social Commerce, which will incorporate social interaction in demand analysis. "A lot of companies claim they can promote social engagement, but SkuLoop was the only one that could work within a retailer's system and go beyond 'likes' to driving key retailer metrics, including revenue and margin," Revionics President and CEO Marc Hafner said. Progressive Grocer (11/8) LinkedInFacebookTwitterEmail this Story
2017: The Year of the Mobile Coupon
There are over 104 million mobile coupon users in the US and that number will only continue to rise in 2017. To reach these consumers, you need to know what type of offers your audience wants, how they want to receive them, and exactly when they want to receive them. Download the report now!
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  FMI Spotlight 
  • Looking for past FMI webinars?
    Visit the FMI Webinar Archive for recordings of webinars -- including Speaks and Trends -- meat trends, health and wellness, food prices, government relations and more. LinkedInFacebookTwitterEmail this Story
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Ideals are like stars ... you choose them as your guides, and following them, you will reach your destiny."
--Carl Schurz,
German-born American statesman


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