Bijdrage van RetailSonar

Thanks to Abovo Media for this insightful article on the retail media ecosystem! It's a comprehensive look at the growing complexity and the many players involved. As the landscape continues to evolve, the importance of strong partnerships and seamless integration cannot be overstated. At LDSK, we pride ourselves on our ability to collaborate effectively with others to deliver comprehensive retail media solutions. We’re proud to already partner with some of the biggest names in NL retail media Jumbo Supermarkten, Global and SPAR International, as well as ecosystem partners First Impression audiovisual, MyAdbooker, Vistar Media, Broadsign, Snowflake and Streaem Retail Media Platform jointly helping to shape the future of retail media. The future of retail media is all about connection, and we're committed to building a network that delivers results. We look forward to continuing the ecosystem conversation and working with key players like Criteo and Scala in the future. If you're ready to explore the possibilities of retail media, come chat with our team at the following events: Digital Signage Summit Europe l DSS Europe l #DSSE2024: May 22-23 NRF 2024: Retail's Big Show Asia Pacific: June 11-12 Let's connect and spark the next wave of retail media innovation! #retailmedia #retailmedianetworks #retail #futureofretail #retailtech #retailtechnology

Summary of the Human vs Tech presentations from Gwynt | Creating Impact With You and partners

Overall, the future of retail is likely to be characterized by a combination of automation and personalized experiences, which will have significant implications for the labor relationships that exist within the industry. The social conflict that has arisen now that Delhaize wants to spin off its 128 branches is only the latest example and has led to a lot of critical analyses of the strengths and weaknesses of the food retailer. In an interview with RetailDetail, we shared our point of view from a brand strategy perspective. #branding #retail #interview #strategy #brandstrategy #delhaize #wpp #bav

Trendwatching: 🇳🇱 Dutch market is down slightly with ebike demand softening, alongside higher costs - but is also achieving reductions in excess inventory. Though the grass may be green compared to other areas... it's still saturated and soggy. Very Dutch, indeed :) Q1-3 sales are -2.9% YoY against 2022 sales so far, with a small reduction in profits. This also comes from a (more normal yearly) ~2.6% inflation & general cost increase. There are some improvements though; stocks are now ~20% higher than usual; a gentle improvement over the +25% from earlier quarters. Of course this isnt anyone's idea of ideal, but does indicate a slow recovery in that realm. And we should note that although special offers abound, it has been achieved without a firesale culture most of the year... Huge discounting isn't the Dutch way. This is healthier than many other countries where selling stock at cost price is frequent - but permissable because of the bread and butter nature of bikes and strong workshop turnover providing reliable paralell income streams to businesses. The Dutch culture of bicycles as primary vehicles has shielded the market from greater declines in sales seen elsewhere (2022 tracked a notably gentle -9% in bike sales compared to the corona peak in shop tills), but the engine of that stability (eBike sales) is now appearing to be easing back sightly. On that restrained slump in general, whereas 2019 bike sales were around €1.25B, corona delivered €1.65B (+32%) in 2020, then €1.5B (-9%) in 21 and a flat €1.5B in 22 again. If this trend continues we may see 2023 deliver below €1.45B in bike sales considering that as mentioned, workshops are continuing to tick over and often contributing more to Dutch shops numbers than they did in 19. This relative stability however has (as noted with +20% inventory), not shielded the Dutch retail and manufacturing world from excess stocks. Past agressive forecasting and the bullwhip effect is stinging shops with tied up money and/or financing costs, in much the same way as elsewhere. In Springtime more than half Dutch shops had more than 25% excess stock - often hitting 50% and more. Article in Dutch, my post uses more data than in the article to add some perspective.

Largest supermarket in Germany EDEKA ZENTRALE Stiftung & Co. KG stopped shipping 17 top brands among which are Mars, PepsiCo, Unilever. EDEKA CEO refers to Allianz-Trade market study finding "excessive profit-taking" by food manufacturers a noticeable contribution to food inflation last year. EDEKA applying various emergency strategies in order to keep shelves full including partnership with leading Swiss retailer Migros-Gruppe / Groupe Migros / Migros and introducing new and alternative brands. ————————— Maintaining diversified branded portfolio should not be just an emergency act but ongoing strategy that allows for better retail autonomy. Retailers can’t blame leading brands for their financial priorities. Fair or not - pricing is their own right to decide. What retailers can control is merchandising and building assortments. Not just a stop ship campaign. Usually stop ship is unsustainable, retroactive with short term impact. Surrendering control and then complaining about things getting out of control doesn’t make a lot of sense. #retaildemocratization

Private label is more than just a KPI. Read this article from #Handelsblatt with contributions from #accenture and Peter Rinnebach understand how Private Label is raising the bar for retailers. Retailers who are investing in this expertise of category management are harvesting the benefits that brands have benefitted from for years based on laser sharp product manager focus:  - their buyers understand cost drivers of products better (such as as ingredients, materials, manufacturing requirements, and quality). As a result, retailers are willing to make educated decisions, negotiate harder, and challenge oligopolistic brands.   - understanding regulatory risk (ingredients, allergens, product safety) translates to fewer product recalls, poor labelling or sourcing from specious suppliers in danger prone regions.  - discovering price points for products not only at entry level price points, but at higher price points to complete their private label ranges, providing more transparency to consumers and quality differentiators. Sometimes a banana is just a banana, but some bananas are better and worth their premium.  - the category managers can better reduce shelf clutter to streamline the shopping experience, reducing idle times in store and online. #retail #privatelabel #grocery #hardgoods #merchandising #categorymanagement #accenture #centricsoftware

Once again, we unveiled the top 50 strongest brands in Belgium🚀, based on the latest BAV@WPP WPP study, revealing not just the dominance of digital giants like Google, Microsoft, Samsung Electronics and Apple but also the enduring appeal of beloved Belgian heritage brands; Colruyt Group, Côte d'Or Mondelēz International, Bancontact Payconiq Company, Devos Lemmens GBfoods Belgium, bpost, vrtnws VRT, and Child Focus Belgium. Technology and digitalization are unstoppable, but the power of a human-centric narrative continues to stand out as a key differentiator among brands 👉 Dive Deeper with Us: Join Gio Canini and myself for exclusive comments in PUB Magazine. Read in Dutch: https://lnkd.in/esQg6sRz Read in French: https://lnkd.in/euakuQyU 📩 Interested in an English version or have questions? Drop me a message! #mrx #brandequity #strategicplanning #brandbuilding #belgianbrands #bav #media #marketing #brandstrategy

🚨 KaDeWe Group Restructures: Goodbye to E-Commerce 🚨 In a significant move, KaDeWe Group has announced its departure from the e-commerce space as part of a broader restructuring strategy. The iconic but also troubled retail group is shifting focus to enhance in-store customer experiences. Key Highlights: Investment in Physical Stores: Over €600 million has been invested in renovating these flagship locations, ensuring they remain top destinations for luxury shopping Customer-Centric Approach: The group is doubling down on customer centricity, making sure every visit to their stores is memorable and personalized. Challenges with E-Commerce: Despite the rise of online shopping, KaDeWe Group's strategic decision underscores their focus on physical retail spaces in delivering unique and high-end experiences that they fell can't be replicated online. 💬 My Critical Take: While this is a very bold move and will likely provide some short-term relief, I am skeptical about its long-term viability. Transitioning away from e-commerce at a time when online shopping is integral to consumer behavior seems risky. Also, operating a digital presence that does not allow for transactions but still requires significant effort for maintenance, improvement and content generation may not be sustainable. The digital transformation is not just a trend but a fundamental shift in how consumers interact with brands may it be product or retail. What are your thoughts on this bold move by KaDeWe Group? Share your views below! 👇 #RetailNews #KaDeWeGroup #ECommerce #CustomerExperience #LuxuryRetail

Vincent H. Querton, CEO of ASCENCIO, explains in a interview with De Tijd the specific focus of ASCENCIO on #RetailParks and #supermarkets and shares his thoughts regarding #retail hot topics of the moment and the vision and strenghts of ASCENCIO. An interview of Serge Mampaey. 👉 To read the article : https://lnkd.in/ezijVDHQ

Lectura para el fin de semana: HOT RETAIL CITIES 2023. Elaborado por #modaes y patrocinado por #Bestseller Weekend reading: HOT REYAIL CITIES 2023. Conducted by #modales and sponsored by #Bestseller. #RetailCities, #RetailSolutions, #RetailEnviroment