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Giant Eagle hopes new strategy will keep shoppers loyal.

It’s Monday, and if you’ve been wondering when your pets will finally earn their keep, take note: Pet Smart is accepting applications for “Chief Toy Tester,” which entails being shipped packages quarterly for one year to test and give feedback (with your help) on toys, treats, and apparel. Compensation: $10,000. One cat and one dog will be selected, so sorry to get your hopes up, bearded dragon owners.

In today’s edition:

—Erin Cabrey, Layla Ilchi, Alex Vuocolo

STORES

Giant Eagle grocery store

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As grocery prices soar—inflation hit a two-year high in August—Giant Eagle is betting on slashed prices for essentials as a strategy to keep shoppers coming back.

The regional, family-owned grocery chain, which operates 200+ stores spanning Pennsylvania, Ohio, West Virginia, Maryland, and Indiana, late last month introduced its new “Because It Matters” strategy, encompassing improvements from price cuts to fresher produce and new shopping carts.

It’s been a “big year” for the nearly 100-year-old retailer, Justin Weinstein, EVP and chief merchandising and marketing officer at Giant Eagle, told Retail Brew. The chain, headquartered outside of Pittsburgh, sold its GetGo convenience store arm to Circle K-owner Alimentation Couche-Tard for $1.6 billion and took over filling prescriptions for closed Rite Aid locations in Pennsylvania and Ohio with its in-store pharmacies.

“Those two things really laid the groundwork for, ‘How do we create a plan for the investment back into our business?’” he said.

With its three-pronged strategy, the grocer is investing $100 million to provide value for price-conscious consumers, improving product quality and service, and upgrading its in-store shopping experience. The efforts, it hopes, will combat waning loyalty as it vies with larger players for a share of increasingly fickle consumers’ wallets.

Keep reading here.—EC

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MARKETING

Items from the Coach Coffee Shop

Coach

Coach is taking a page from Ralph Lauren’s big book of in-store hospitality. The Tapestry-owned fashion brand is expanding its Coach Coffee Shop initiative in the US, in a bid to build on its success with a younger generation.

The fourth US location opens at the Woodbury Common Premium Outlets in the greater New York City area on October 4. Coach plans to add an additional 12 to 15 locations each year globally.

“The Coach Coffee Shop is a powerful way to deepen our emotional connection with the Gen Z community,” Marcus Sanders, VP of global food and beverage at Coach and former VP of Ralph Lauren Hospitality, told Revenue Brew via a spokesperson. “It’s not just about coffee but about creating a space where people can experience the brand in a new and exciting way.”

Keep reading here on Revenue Brew.—LI

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RETAIL

Albertsons grocery store logo

Mario Tama/Getty Images

It’s Indigenous Peoples Day, and while many are enjoying the federal holiday at home, major retailers such as Target and Walmart remain open. That means the holiday shopping season can continue apace, even as a number of sales events timed to line up with Prime Day wrap up.

Here’s what else is going on in retail this week:

In data releases: The consumer price index for September drops on Wednesday. The measure saw a slight uptick in August, and economists are expecting the September report to show inflation still stubbornly elevated, as tariffs raise costs across the economy. Next up, on Thursday, retail sales for September are coming out, and on that front at least there could be some good news for the industry. Sales were up in August, as consumers ramped up their spending across categories.

Keep reading here.—AV

SWAPPING SKUS

Today’s top retail reads.

Energy transfer: How the Celsius energy drink brand ascended to take on Red Bull and Monster. (the New York Times)

Cross examination: Why a trend in Asia led Apple to introduce a crossbody strap for its iPhone. (Bloomberg)

Slice and dice: Domino’s has redesigned its logo, pizza boxes, and staff uniforms in an effort to appeal to younger consumers. (CBS News)

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