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Think Tank
Consumer Packaged Goods: Page 170
Retailer Targets Complete Revamp of Its Grocery Supply Chain
Target has been revamping its grocery business and is seriously considering enlisting a third party to help solve supply chain issues.
Increase in Holiday Shopping Spending Predicted, Especially Among Millennials
With a quarter of holiday shoppers planning to spend more this year than last, retailers can start to celebrate. In its second year of research into holiday shopping plans, analytics company SAS polled 3,458 consumers in the U.S., Canada, the U.K., Australia and New Zealand. The U.S. led spending growth with 29 percent of consumers saying they'll spend more. Canadian shoppers, on the other hand, are tightening their budgets this year. Millennial shoppers (ages 18 to 29) are most likely to up their spending this year, while older consumers are tending to stick with last year's budget.
Advanced Technologies Revolutionizing Warehouse Operations
Warehouses and distribution centers are undergoing a quiet revolution in the adoption of advanced technologies. The warehouse is on the trajectory to implement many of the capabilities sought in the vision of the Industrial Internet of Things.
Consumers Become More Interested in Social Media, Thanksgiving Day Shopping, Study Say
Holiday shoppers are expected to spend more this season, but it's where or how they plan to spend that should interest retailers, as Thanksgiving Day shopping and social media gain in popularity, according to a new study from Accenture.
Retail Shrink on Rise in U.S, Around the World, Survey Finds
Shrink, comprised of shoplifting, employee or supplier fraud, and administrative errors, rose in the U.S. from 1.28 percent of sales in 2013-2014 to 1.97 percent during 2014-2015, based upon responses from common retail respondents who participated in Global Retail Theft Barometer surveys both years. Globally, this compares to 1.42 percent, a figure also up from the previous .94 percent average of all common retailers surveyed the previous year.
Half of Customers Who Opted to Pick Up Online Purchases in Stores Ran Into Hassles, Study Says
"Buy online, pickup in store" has become an increasingly popular strategy for retailers looking to reduce delivery costs. But a new study reveals it isn't working as well as the store owners hope.
Sedex Launches Platform for Ethical, Sustainable Sourcing
Sedex, a provider of services to aid buyers and suppliers in fashioning responsible and ethical supply chains, has launched Sedex Advance, a new sourcing platform.
From Minerals to Palm Oil: Another Supply-Chain 'Conflict'
Blood diamonds. Conflict minerals. And now, conflict palm oil.
When Will the Drones Start Flying?
Commercial delivery drones are in our future - or so we're told. What will it take to make them a reality?
Americans - Even Millennials - Prefer Paper Discount Coupons Over Digital, Study Finds
Despite all of the technology available to today's consumers, Americans still prefer paper coupons, according to a new CreditCards.com report.
Optoro Launches B2B Wholesale Marketplace
Optoro, a platform for managing returned and excess inventory, has launched BULQ.com, a business-to-business wholesale marketplace.
McKesson Uses Big Data Analytics to Improve Patient Treatments, Business Outcomes
Big-data analytics is a huge area for drug distributor McKesson Corp., says Kathy McElligott, the company's chief information officer.
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