Harvest Group

This year's eComm Summit with Cleveland Research Company was one of the best! It was an action packed day of sessions covering everything from macro retail trends to deep dives on AMC. Our two major highlights from the trip: 🍴Celebrating our new partnership with our friends at Stackline over dinner with clients and partners 💡Watching our very own Mark Stamps dropping knowledge in a great session evaluating Retail Media Networks Thanks to CRC and all the other speakers for the great insights and opportunity to connect this week!

Our team attended Walmart's second-annual Inspire event in Bentonville yesterday. Over 1,200 attendees gathered to explore the future of retail analytics and hear how data-driven strategies are reshaping the industry.   The event's headline announcement:   ▪️Walmart Luminate gets a new spark: In a bold move, Walmart announced the rebranding of its integrated insights ecosystem. Starting next year, Walmart Luminate will become "Scintilla" – a Latin term for "spark" that captures how even the tiniest data point can ignite game-changing business decisions. ▪️Global expansion on the horizon: With the Scintilla rebrand, Walmart Data Ventures is gearing up for international growth. Already live in Mexico, the platform is set to launch in Canada this month, with more markets likely in the pipeline. ▪️Impressive growth stats: Walmart Data Ventures shared some eye-opening figures, including a 173% year-over-year increase in their client base and a perfect 100% retention rate for suppliers up for renewal.   See the full announcement here: https://lnkd.in/gUj_jntc   Want to learn more about Scintilla's future potential? Reach out at hello@harvestgroup.com

Costco reported their fiscal Q4 results on Thursday, with slight growth in year-over-year net sales and some slowdown in key metrics like eCommerce growth, membership income, and core gross margins. The quarter's highlight was the announcement of a long-awaited membership fee increase (the first in 7 years!) Flip through for our top takeaways from the call 👉 Download the full recap here: https://lnkd.in/ds-xFzd6 *Costco’s fiscal year runs from September to August, making their fiscal Q4, which ended September 1, 2024, comparable to other retailers’ Q2 results.

We're excited for next week's annual eCommerce Summit with Cleveland Research Company!   Mark Stamps, our VP of Growth and Partnerships, will be speaking on "Retail Media Showdown" - exploring top networks like Amazon Ads, Walmart Connect, Roundel, and more. Discover how to evaluate platforms, spot innovations, avoid pitfalls, and boost ROI beyond basic media execution.   There's still time to attend! Register here: https://lnkd.in/gvb7mAKp

Zumba, relay races, and… cheeseballs with shaving cream? 🤔 NWA Field Day 2024 was one to remember! Congrats to Team Sporty Spice on their victory, and a big thanks to Pizzeria Ruby for fueling our fun. 🏅 Same time next year?

Our Quick Takes series continues! 🎥 This time, we're diving into the Amazon Accelerate conference with our Amazon Analytics Lead, Marc Seuser.   Tune in for the top 3 things that stood out to Marc: ▪️ Amazon's expanding supply chain and logistics capabilities ▪️ The rise of Generative AI in eCommerce ▪️ Crucial shopper behavior insights (Marc's specialty in Amazon Marketing Cloud!)    Want to accelerate your Amazon strategy? Let's chat: hello@harvestgroup.com

Last week our team joined 4,000+ sellers at Amazon Accelerate in Seattle. This conference has boomed since 2020, mirroring 3P sales’ rise to ~60% of Amazon’s total. We mingled with sellers, agencies, and clients and even saw Martha Stewart prove she’s as savvy online as in the kitchen 👩🍳 Missed it? Here are our top takeaways: ▪️Enhanced supply chain tools: Amazon introduced logistics enhancements, including multi-channel fulfillment, ‘Supply Chain by Amazon’ and ‘Buy with Prime.' These tools enable sellers (for a fee) to leverage Amazon's capabilities across platforms like TikTok and Shopify. ▪️Complexity for sellers: Attendees walked away feeling energized by Amazon’s investments in their Marketplace, and equally struggling for continuity across each of the different services and solutions to determine which apply to their business, how much they cost, and how they work together. ▪️Generative AI focus: The conference emphasized AI applications, including the beta launch of 'Project Amelia' in Seller Central. Early adoption of these AI tools may provide sellers with long-term advantages in the marketplace. Of the new features and tools announced at Accelerate, we are most excited about the enhanced shopper behavior analytics and expanded access to AMC for merchants running sponsored ads. Want to learn more about our team's take on the conference? Reach out at hello@harvestgroup.com to chat!

The FTC’s case against the Kroger and Albertsons merger in Portland concluded last week after ~3 weeks of hearings, including testimony from the companies’ top officials.    Here's a snapshot of our key observations from the trial, condensed from our comprehensive client report:

At Harvest Group, we know one size doesn’t fit all. That’s why we craft bespoke teams tailored to you.   From full-service management to support of your existing retail team, we create unique solutions to align with your brand's specific challenges and goals.   Flip through to learn more about our customizable model:

Harvest Group is proud to have hosted an awesome group of interns this summer! ☀️ They brought fresh perspectives and energized our teams while gaining real world experience in the retail industry. We're proud of their growth and can’t wait to see how they'll shape the future 👏 Swipe through for a peek into their journey! P.S. Applications for our 2025 summer internship are officially OPEN - apply now through October 18th! harvestgroup.com/careers