#Retailers have been enhancing their private label offerings recently, and it's paying off: private labels are achieving record high sales. While national brands still hold the lead, private labels are growing in popularity among consumers. In fact, a survey revealed that 46% of consumers plan to purchase private labels over the next year. Stay informed and join one of our #peergroups for the latest #storebrand and private label trends and news!
Drive Wheel LLC
Events Services
Minneapolis, Minnesota 1,043 followers
Engaging Conversations Create Confident Decisions
About us
Our mission is to energetically connect our members to enable them to make confident decisions that grow their business. Simply Said: Engaging Discussions Enable Confident Decisions. Our Brand: Our brand story is centered on supporting out members and making them the hero of their own story. A train is propelled forward by just a couple of wheels, the drive wheels. All the force and energy from the engine is applied to these wheels, and they propel the train to do great things. At Drive Wheel™, we help our members become a similar driving force for their organization. We offer memberships that include twice yearly Peer Group meetings, ongoing peer benchmarking and industry trends, access to special expert speakers, and extensive industry networking opportunities. Visit www.drivewheel.com to learn more.
- Website
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https://www.drivewheel.com/
External link for Drive Wheel LLC
- Industry
- Events Services
- Company size
- 2-10 employees
- Headquarters
- Minneapolis, Minnesota
- Type
- Privately Held
- Specialties
- Food and Beverage, Grocery, Foodservice, Supply Chain, Executive Development, C-Store, Club Channel, Demand Planning, Peer Group, Confident Decisions, and Benchmarking
Locations
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Primary
Get directions
225 S 6th St
Suite 3900
Minneapolis, Minnesota 55402, US
Employees at Drive Wheel LLC
Updates
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Stop & Shop just announced their closing 32 stores by the end of 2024 as part of a new growth strategy. They plan to relocate their employees to other neighboring locations and are in the process of discussing new ideas for pricing strategies and better customer experiences. It will be interesting to see how this affects local competition and customer choices. Stay up to date on the latest #cstore and #foodservice strategies and trends by joining one of our #peergroups!
Stop & Shop to Close 32 Underperforming Stores by Year-End to Position Company for Growth
globenewswire.com
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Who would have thought AI would make its way into shopping carts? Instacart is rolling out their #innovative "Caper Carts." These AI-powered carts connect with shoppers' loyalty points, make personalized recommendations, and track items placed in the cart. They hope to offer a more convenient shopping experience, helping retailers keep consumers happy and coming back. It'll be interesting to see if consumers enjoy this feature or if it will become a frustrating experience. Join a #peergroup to discuss the latest trends and innovations!
Instacart’s AI-powered smart carts, which offer real-time recommendations and ‘gamified’ shopping, are coming to more U.S. grocery stores
ca.finance.yahoo.com
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Ice cream is a beloved summer staple, but did you know it also has one of the highest brand loyalty among consumers? With sales projected to more than double, #retailers are offering unique, limited-time flavors and plant-based options to stand out. Do you have a go-to ice cream brand? #foodservice #peergroups
On Special: How grocers are scooping up summer ice cream sales
grocerydive.com
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Chipotle is now offering their official Celebrity Card to fans through a marketing challenge on social media. This card allows holders to enjoy a free meal every day for a year, and Chipotle hopes to earn some loyalty points with Gen Z through this initiative. This isn't the first attempt Chipotle has made this year to connect with a younger audience, and it will be interesting to see if it’s working. What do you think? Share your thoughts in the comments below, or join one of our peer groups for more in-depth discussions on the latest #marketing trends. #foodservice #peergroups
Chipotle extends coveted Celebrity Card to fans on social media
marketingdive.com
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Caffeine is not just for beverages anymore. Instead of reaching for your favorite cup of coffee in the morning, you can now kill two birds with one stone by grabbing a caffeinated baked good. Need a pick-me-up? Grab a piece of caffeinated gum. It's exciting to see the innovative ways caffeine is being incorporated into new products. Would you try any of these new caffeinated foods? Share your thoughts and experiences in the comments below or join our #peergroups for more exciting discussions and updates on the latest #foodservice trends.
Now trending: Caffeinated candy
confectionerynews.com
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See Theo's recap of the Fancy Food Show this week. The show was a great opportunity to see new trends in Specialty Food and make connections with members & manufacturers.
Facilitating Food & CPG Peer Groups to Help Leaders Make Confident Decisions | Top 100 Retail Experts
Drive Wheel took to the floor of Specialty Food Association Fancy Food Show this week, meeting new connections and seeing familiar faces. What stood out to us the most. First up, let's talk about Panettone—the nostalgic, beloved Italian Christmas bread is making a grand comeback. Forget the dry, forgettable versions of the past; these Panettones are premium, flavorful, and delightful. With more than ten vendors sampling their unique takes and a Panettone snagging the Bakery Item of the Year award, these revamped classics are set to be the stars of the holiday season. With holiday nostalgia brewing, other holiday baked classics may be headed back to stardom (I'm looking at you fruitcake). Next, we saw a splash of color and creativity in packaging innovation. Brands are upping their game with vibrant, eye-catching designs that breathe new life into classic products, create a buzz in aisles and online, and make shopping a more exciting experience for consumers. But it wasn't all about the glitz and glamour. Inflation has thrown a noticeable curveball into the industry, slowing the debut of new-to-market products as manufacturers focus on cost-cutting measures and line extensions (a trend we’ve noticed woven through this year’s tradeshows across the industry). This means fewer "hot new items," but it's all part of a strategic shift to balance innovation with economic realities. Balancing practicality with some fun, the world of consumer packaged goods continues to produce creative excitement while navigating the continued effects of inflation. If I missed you at the show, feel free to DM me to set up a meeting. #fancyfoodshow #peergroups #groceryindustry
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Theo and Jim are at the Fancy Food show in New York this week. DM either of them if you’d like to connect!
Facilitating Food & CPG Peer Groups to Help Leaders Make Confident Decisions | Top 100 Retail Experts
Excited for day two of the Specialty Food Association Summer Fancy Food show. It’s an innovative show this year with a focus on enhancing the instore experience and improving customer engagement. It has been great to see so many of our members exhibiting. #fancyfoodshow2024 #peergroups #groceryindustry
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Not to be left out of the rush for retail media, regional chains are utilizing third parties to offer top of the line digital experience in store. I think this is a great strategy that allows them to choose from best-of-best software and hardware solutions to create cool shopping experiences for consumer. If you have questions about maximizing retail media investments, meet with your peers to learn how they are maximizing ROI with these platforms. #Drivewheel #Peergroups #Retail
Regional grocers hit their stride with retail media
grocerydive.com
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Luminate is rapidly changing the way manufacturers collect data from Walmart and the types of insights manufacturers are able to provide. New data on shopper journeys helps everyone implement marketing tactics to reduce friction from the process. It is an exciting time to connect with your peers to learn how they are maximizing Luminate to generate new insights and conversations. #Peergroup #Walmart #Manufacturers
Walmart opens access to off-site customer journey insights for suppliers
retaildive.com