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- 🌳 Net-zero Advertising
🌳 Net-zero Advertising
🗃️ What’s Shaping the Shelves?
The National Retail Federation (NRF) is urging the U.S. government to engage in negotiations with Canada and Mexico rather than imposing tariffs. They argue that tariffs could lead to increased costs for consumers and disrupt supply chains, emphasizing the importance of collaborative solutions to trade disputes. Read more.
🧙 Retail Masterclass
Tesco is using technology to enhance both customer and employee experiences. Jane Mustoe, Senior Technology Director, highlights innovations like frictionless shopping, AI chatbots, and mobile tools for store associates. She emphasizes the importance of small operational gains in a low-margin industry, learning from failed experiments like drone trials, and maintaining the right company culture to balance agility with efficiency. Mustoe also shares insights on DEI and guiding the next generation of female tech leaders in retail.
💡 An Everyday Market Hack
Integrating AR technology into your retail strategy can provide immersive shopping experiences, allowing customers to visualize products in their own environment. This not only enhances engagement but also reduces return rates by setting accurate expectations.
🧐 Shopper Insights
A report indicates that 76% of UK consumers plan to purchase products directly through social media platforms like TikTok Shop and Instagram Shopping this year. Despite this trend, only 46% of online retailers currently offer direct social media purchasing options. This gap presents a significant opportunity for brands to enhance their social commerce strategies.
Retail Innovation
🏷️ Featured Brand - Exquisite Food
U.S. grocery chain Exquisite Food is set to open a new store in the UK, bringing its unique offerings to British consumers. This expansion reflects the brand's growth strategy and commitment to reaching new markets.
🌱 Eco Trends - Net-zero Advertising
Retailers are shifting from sustainability pledges to concrete action, focusing on net-zero advertising. Brands are adopting renewable energy for ad production, optimizing digital campaigns to reduce emissions, and prioritizing eco-friendly messaging. This shift reflects growing consumer demand for environmentally responsible business practices and the need for measurable impact rather than just commitments.
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