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Think Tank
Consumer Packaged Goods: Page 276
Promotions, Product Innovations Drive CPG Sales as Market Volatility Continues, Study Says
The CPG industry faced another year of demand volatility, marked by continued economic turbulence and weak consumer confidence, according to the Terra Technology Forecasting Benchmark Study.
Facebook Seems to Work Better for Small, Mid-Sized Retailers Than for the Bigger Players
Facebook is becoming prime real estate for small retailers rather than the mega-mall that the big chains had hoped it would be. Second-quarter profits from Facebook stores were up 38 percent from the first quarter for the 180,000 small to mid-sized retailers, and have been going strong ever since, says e-commerce company Ecwid, which makes store-building software to work across social-media platforms and Web sites.
In August, Pricing Up in All Categories for Used commercial Trucks
Pricing continues to be the most interesting and watched of the used truck market metrics. In August, pricing was up for all three time period comparisons - month over month, year over year, and year to date/year to date. Volumes also increased month over month, but remained well below pace for other time period comparisons.
Holiday Sales Predicted to Increase as Much as 4 Percent Despite Economy
Deloitte is forecasting holiday sales will increase between 3.5 percent and 4 percent as the economy's health and the presidential election take center stage among consumers this fall.
In Closing Some Stores, Staples Bets on Multichannel Retail Strategy
Staples announced a strategic growth plan that will accelerate the growth of its online businesses, restructure its internal organization and reduce its retail square footage in North America by 15 percent by the end of fiscal 2015. The retailer projects these changes will produce approximately $250m in pre-tax cost savings during this period.
'Big Data' Can Help Minimize Customer Churn
Your customer service representative answers a call from an irate customer. "This darn thing I bought just doesn't work!" he exclaims. "I've tried and tried to get help from your service folks, but they're always late and they can't fix it either. I've had it with you guys. I want my money back!" Big Data can help you retain that customer.
Don't Be Complacent About Benefits of Social Media and BYOD in Workplace, UK Businesses Warned
A think tank report warns IT managers and CIOs about complacency with new IT practices like BYOD, or "bring your own device", mobile IT and social media.
Retail Industry in Transition to 'Wall-less' Omnichannel World, Study Finds
The retail industry may be transitioning to a "post-modern" consumer-centric era triggered by the speed of technological advancements, globalization and hyper-competition, both online and offline, according to a new report from PwC US and Kantar Retail, titled Retailing 2020.
The World's Most Ignored Trading Relationship
Daniel F. Lynch, director of international trade and transportation at Dalhousie University, reveals the importance of two-way trade between the U.S. and Canada - while offering a frank appraisal of the challenges that stand in the way of an ideal relationship.
BI, Analytics Help Leverage Vast Amounts of ERP Data
Those who make the investment in business intelligence and the cloud will realize improved cost and operational efficiencies, expanded real-time collaboration with customers, vendors and partners as well as faster and more personalized customer relationships. But how do you get there?
Make Your Company Less Appealing to the Opportunistic Litigant
Over the last two years, manufacturers and sellers of consumer products across the industrial spectrum have faced growing wave of class-action lawsuits brought by consumers. Perhaps your company can become less appealing as a target.
Retailers' Dream: Cellphones Revealing Consumers' Exact Location
For quite a few years now, retailers have salivated over the idea of mobile phones revealing exactly where shoppers are at all times. Retailers would know which displays customers are standing in front of, for how long and what actions they take right afterward. Unfortunately, even though mobile devices have advanced quite a bit recently, the ability to know location with any precision has been elusive.
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