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Think Tank
Retail: Page 265
Automakers, Start Your Engines: China Has Huge Appetite for Driverless Cars
Some argue that conditions in China are actually more favorable for quick adoption of driverless cars, in part because of more aggressive support from the national and local governments. And, unlike in the United States, China never fully developed a romance with the open road and car ownership.
CPG Companies Keep Plowing Money Into Promotions, But Research Questions the Benefit
As the U.S. economy continues to improve, consumer confidence has been on the rise, which would typically indicate growth for consumer packaged goods manufacturers as well. However, according to a new Hot Topic Report from Acosta, a sales and marketing agency in the CPG industry, unit sales are flat across most categories, and trade promotions continue to decline as a key factor in driving incremental volume. This decline leads to more unprofitable sales for manufacturers. Despite this, CPG manufacturers continue to allocate an average of 15 percent to 20 percent of gross sales to trade promotion.
Walmart, Manufacturer Partners Kick Off Anti-Hunger Campaign
Walmart has launched its first campaign to fight hunger and aims to provide 75 million meals through food banks.
Got Milk - Designer, Specialty Milk?
In its quest to slake the world's thirst, Coca-Cola is intent on making milk a billion-dollar brand. But not just any kind of milk. Coke has joined forces with a dairy cooperative to create Fairlife, which produces a filtered, high-protein, low-sugar, lactose-free designer milk also called Fairlife.
Almost Everyone Likes Option to Buy Online, Then Pick Up Items in Physical Stores, Study Says
Ninety-nine percent of consumers who take delivery of online orders in brick-and-mortar stores are pleased with the experience, according to a recent survey. Twenty-nine percent said the option is why they placed the order in the first place.
As Businesses Include Climate Change in Supply Chain Risk Plans, Property Insurers Don't Keep Pace
From a purely business standpoint, considerations of where and how to build facilities (or alter existing ones) to lessen climate risk have moved up the risk management priority list. Such moves can ward off costly business stoppages in the event of extreme weather events. Perhaps more significant, on an ongoing basis, they also earn lower property insurance premiums.
The Air Waybill Is Going Paperless - Slowly
The electronic air waybill (eAWB) has arrived. But certain air freight forwarders and carriers are still holding on to the paper version for dear life.
JDA Releases Connect for Manufacturers Running SAP HANA
JDA Software Group, Inc. has released JDA Connect for SAP HANA.
Grocery Chain to Use RFID-Enabled System to Track Specialty Pharmaceuticals
Publix - a southeastern U.S. supermarket chain with 980 pharmacy locations - has entered into an agreement to use AmerisourceBergen's RFID-based drug-management system, known as Cubixx, to track specialty pharmaceutical products at the retailer's pharmacies.
Could Amazon Become One of Top 10 Grocery Companies in U.S.?
While Amazon.com Inc. is already a force to be reckoned with when it comes to online retail, one Wall Street firm says it's about to move up the ranks in yet another industry: U.S. food and beverage.
Physical Stores Are Alive, But Are They All That Well?
Brick-and-mortar shopping isn't dead, but it is certainly on the decline: just 57 percent of urban consumers said they preferred to make discretionary purchases in stores, while 39 percent claim their last such purchase was made online.
Record Spending Predicted for Easter Season
Shoppers are expected to spend roughly $17.3bn on Easter goods this year, a record amount according to the National Retail Federation's annual Easter Spending Survey conducted by Prosper Insights and Analytics.
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