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Consumer Packaged Goods: Page 132

Macy's China Experiment Shows the Potential of Retail VR

Macy's this month made its debut appearance within Alibaba's Singles' Day in China. Well, sort of. It participated via a virtual reality shopping tour app featuring Macy's New York City flagship, which bills itself as the world's largest department store.

EPA Raises Renewable Fuel Requirements

The EPA has raised the amount of renewable fuel that must be blended into the nation's gasoline supply, drawing an immediate attack from the oil industry. The final Renewable Fuel Standards, announced last week, raise the levels from 18.11 billion gallons this year to 19.28 billion gallons in 2017.

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Report Says Shoppers Expect Better Deals to Come in December

The 2016 International Council of Shopping Centers (ICSC) Thanksgiving/Black Friday Shopping Report shows that three quarters of Americans spent the same or more this year than last year, and 44 percent of that spend was on gifts for other people. Americans shopping on Thanksgiving and/or Black Friday spent an average of $373, including approximately $100 on dining and entertainment in a shopping center.

Amazon Prime Membership Grows 23 Percent Year-Over-Year, Research Says

The latest membership estimates for Amazon.com's Amazon Prime service show that the e-retailer's bid to consolidate consumer spending onto one platform has now attracted almost one in six Americans, according to independent research by Cowen & Co. In addition to signing up some 50 million Amazon Prime customers, the company expanded into car sales last week, teaming up with Fiat to sell cars in Italy.

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The State of Solar Power Looks Bright in 2017, Energy Department Says

By 2017, solar power capacity in the U.S. will have nearly tripled in less than three years, according to the U.S. Department of Energy. Combined wind, utility-scale and distributed solar power accounted for more than 66 percent of all new capacity installed in the U.S. last year.

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Amazon, Target, Nike Among Social Media Top Performers, Study Shows

Lithium Technologies released findings from its State of Social Engagement 2016 study that uncovers how well Fortune 1000 retail brands are engaging with consumers across social platforms. The study showed that retailers are prioritizing engagement, collaboration with influencers and online communities in order to bolster customer satisfaction, and ultimately, sales.

Survey: More Than Half of Consumers Have Started Holiday Shopping

With the middle of the holiday season approaching and shoppers eager to take advantage of early promotions from retailers, more than half of consumers have started making dents in their holiday gift lists, according to the annual mid-season survey released by the National Retail Federation and Prosper Insights & Analytics.

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Walmart Shares Plan for Worldwide E-Commerce Domination

To compete in the ongoing online retailing arms race, Walmart is bringing its sizable resources to bear to capture not only the U.S., but the global e-commerce market. CEO Doug McMillon recently laid out four priorities for the retailer as it looks to not only continue to dominate the physical retail space but make significant inroads in e-commerce: Make every day easier for busy families, operate with discipline, be the most trusted retailer, and deliver results and position the company to win.

Amcor Uses RFID Pill Dispenser to Monitor Drug Compliance

Amcor Rigid Plastics, a division of Australia-based packaging company Amcor, has announced the release of an RFID-integrated pill-dispensing solution. The battery-powered system, known as the S.M.R.T bottle (the initials stand for separate, monitor, release and track), has a clock-calendar function that registers and stores the time, date and number of each dose taken. Smartphones equipped with near field communication (NFC) functionality can then read, display and transmit the information

FedEx Freight Urges Trump to Reconsider Trade Agreement Benefits

Michael Ducker, president and CEO of FedEx Freight, has joined a chorus of logistics and transportation interests calling for President-elect Donald Trump to honor America's commitment to the Trans-Pacific Partnership (TPP) and bolster extant trade ties. "Trade agreements are the solution, not the problem," Ducker told the 2016 JOC Inland Distribution Conference, adding that his company was "100 percent committed to the Trans-Pacific Partnership."

Amazon Is Out to Conquer the Brick-and-Mortar Grocery Business

Now Amazon.com, Inc. wants to be your neighborhood grocer. How's that likely to turn out?

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Software Giant Is Launching 3D Print Manufacturing Labs

SAP says it's establishing a global network of 3D printing co-innovation labs to educate and enable customers, employees and partners on the adoption of additive manufacturing as an integral part of the manufacturing production line.

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Photo: iStock/Anastasiia Yanishevska

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