Articles by tag: Food & Beverage
(Bloomberg) — The global market for plant-based foods could see fivefold growth by 2030 helped by rising demand for sustainable products, according to a Bloomberg Intelligence report. Sales of plant-based dairy and meat alternatives reached $29.4 billion in 2020, and could increase to $162 billion by 2030, comprising 7.7% of the global protein market. Demand […]
Latest
Food & Beverage
National Restaurant Association Gives Desperate Plea to Congress for Industry Relief
As the COVID-19 pandemic continues to starve the restaurant industry, with more than 110,000 businesses—the majority of which were well-established restaurants to community fixtures—permanently closed in 2020. That’s more than 17% of all of our nation’s restaurants, with 16% of which had been in business for at least 30 years. Further, 87% of those […]
Business Casual
Walmart Experiments with Cashierless Checkout at Fayetteville Superstore: Business Casual
Powered by RedCircle From social distancing to masks to gloves to hand sanitizers, businesses reopening in the wake of the COVID-19 pandemic are utilizing unprecedented strategies to limit the spread of the coronavirus and the imminent threat of a second wave. On this snippet, MarketScale’s Business Casual co-hosts Tyler Kern and Daniel Litwin discuss Walmart’s latest […]
Latest
The Resurgence of Brick-and-Mortar Stores: One-of-a-kind Shopping Experiences Are Turning Customers into Brand Ambassadors
In the convenient world of e-commerce, big box stores are seeing a resurgence. Chains like Dick’s Sporting Goods, Walmart, and Target are experimenting with one-of-a-kind shopping experiences that can turn casual shoppers into loyal fans. In a recent Experts Talk roundtable, Allen Adamson, Co-Founder at Metaforce, highlighted how one-of-a-kind shopping experiences make for exciting […]
Revolutionize Customer Engagement Through Digital Augmentations in Physical Retail
The digital transformation of retail experiences in physical stores has become crucial as big-box retailers strive to maintain their relevance and competitive edge in a digital era. These retailers are embedding interactive features and digital augmentations in their physical locations to offer unique, engaging customer experiences. This approach merges the tactile allure of in-store […]
Enthusiastic and Trained Employees can Enhance Experiences and Drive Success in Physical Retail
In today’s retail landscape, big-box retailers are emphasizing the importance of their physical locations, even as the digital marketplace continues to expand. Stores like Dick’s Sporting Goods and Walmart are not just maintaining their brick-and-mortar presence but are actively enhancing it with features like interactive elements and new store openings. This reassertion of the […]
The Coexistence of Big Box and Small Retail Relies on Synergistic Relationships
Despite being long time competitors, big box retailers and small local businesses can both coexist in ways that benefit the other. Of course, both retail formats are different but by maintaining their core business models, the two can bank and leverage their strengths and still be open to synergistic relationships. During an episode of […]