Consumers have adjusted their spending behavior in the face of inflation and economic uncertainty worldwide, according to business services firm PWC, with 53% of global consumers “holding back” on non-essential spending. At the same time, PWC, formerly...
On January 26, Meijer will open the first two of a new store concept it has developed: Meijer Grocery. The stores will debut in Orion Township and Macomb Township, MI, near Detroit. Meijer developed the new format to simplify the customer shopping experience, the...
In a move to update its vendor base, Walgreens announced that it will hold its annual Localization Summit on February 22 as a virtual showcase where diverse, local and regional businesses and entrepreneurs can share their retail-ready offerings with its merchants. The...
To support its evolving corporate strategy, Target Corp. has unveiled a new 150,000-square-foot concept store that it will use as a basis for an update of brick-and-mortar operations. The company recently debuted the new, larger store format in a location outside of...
A study of consumers from the United States, United Kingdom, France and Germany from project44, a supply chain visibility platform, suggests that inflation and economic fears will have a significant impact on shopping decisions as the year winds down. In the study,...
