September 28, 2022
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Top Story
Walmart to add fertility treatments to health coverage
(Bloomberg/Getty Images)
Walmart has partnered with New York-based startup Kindbody to offer the retailer's employees fertility services including in vitro fertilization. Beginning Nov. 1, employees and family members covered under Walmart's insurance plan will be eligible for up to $20,000 in lifetime benefits for fertility services.
Full Story: The Associated Press (9/27) 
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75% of retailers don't listen to customers
In this recent Frost & Sullivan quick read white paper, you'll discover how VoC analytics are helping retailers ensure their customers are heard and how they are employing the results to actively improve service, sales and revenues.
Get your copy now!
Industry Watch
Schnuck Markets inks deal to acquire Fricks Market in Mo.
(Fricks Market)
Schnuck Markets has announced its intent to buy independent grocer Fricks Market and transform one of its two locations in Missouri into the Schnucks Fresh format. "We know Schnucks will continue to serve Union and Sullivan customers [in Missouri] with access to high quality, nutritional foods as we have done since 1960," said Fricks President Jennifer Newbanks.
Full Story: Supermarket News (free registration) (9/26) 
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Outdoor gear retailer REI Co-op will open its stores two hours later than usual Nov. 8 to give employees paid time off to vote in the midterm election. The company has also created an online resource site with tools to help employees and co-op members register to vote and access other information related to the upcoming election.
Full Story: Footwear News (9/27) 
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Burberry has hired former Bottega Veneta creative director Daniel Lee as its new chief creative officer, succeeding Riccardo Tisci who held his final runway show for the brand this week. Lee will start Monday and unveil his first Burberry collection at London Fashion Week early next year.
Full Story: The New York Times (9/28) 
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Retail Trends
Furniture and home goods retailers are increasingly teaming with artists and designers to create exclusive collections, including Anthropologie, which recently released a collection of more than 200 pieces in partnership with UK-based House of Hackney. IKEA and Swedish House Mafia collaborated on a collection of music studio furnishings, Lovesac and Alice + Olivia joined forces on a collection of new seating and Wayfair debuted decor from AllModern with Jason Wu.
Full Story: Modern Retail (tiered subscription model) (9/28) 
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Beverage consumers rank the ability to recycle packaging as their top environmental concern, according to a 2022 study conducted by packaging manufacturer Pactiv Evergreen and EcoFocus Worldwide. The study also found consumers want to see more recycling information on containers, and they consider paper-based carton packaging as second only to glass as the best eco-friendly packaging option.
Full Story: Beverage Industry (free registration) (9/27) 
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The bar for personalization is rising
49% of consumers say they will likely become repeat buyers after a personalized shopping experience. To explore the latest trends in personalization, privacy and customer loyalty, download The State of Personalization 2022 report.
NRF News
Electric vehicles with fewer climate-changing emissions continue to grow in demand. Large EV trucks in the future will likely be powered by a variety of fuels, including batteries. But non-standardized vehicles have different mechanical maintenance needs that could make it challenging to manage a diverse fleet. Read more.
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More than 5.3 million adults plan to dress like a witch for Halloween this year. Source: NRF/Prosper Insights & Analytics.
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Small retailers are hardest hit by high credit card swipe fees, especially during this period of inflation. They pay the highest swipe fees in the industrialized world but have the fewest resources to fight back against global credit card networks and Wall Street banks. In this blog, small businesses share how hidden swipe fees impact their businesses. Read more.
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Chain Restaurant News
McDonald's debuts Happy Meals aimed at adults
McDonald's has teamed with streetwear brand Cactus Plant Flea Market to launch a line of Happy Meals with characters from the past aimed at appealing to nostalgic millennials. The meals, which debut Oct. 3, will feature four different figurines including Grimace and the Hamburglar, and the launch will also include a line of apparel and other merchandise featuring the characters.
Full Story: BNN Bloomberg (Canada) (9/27),  QSR (9/27) 
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