This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The majority of consumergoods and retail (CGR) companies have accelerated their digital journeys over the last two years to better serve the growing number of online shoppers. In the end, consumergoods and retail companies are shining examples of why CX and EX are inextricably linked. And it doesn’t stop there.
So as the tide of consumer preferences shifts, how can consumergoods companies ensure that their operations are truly sustainable to tap into this growing market and, at the same time, navigate the treacherous waters of ESG reporting?
Introducing tariffs on consumergoods could further escalate prices, reigniting inflation at a time when consumer budgets are already stretched painfully thin. Weakened consumer spending is another factor to watch. Despite the Feds best efforts, inflationary pressures have yet to fully recede into the rearview mirror.
The ConsumerGoods Forum Food Waste Coalition of Action (FWCOA) has launched its #TooGoodToWaste initiative, a food loss and waste education project designed to spur faster progress in minimizing waste among CGF members and their millions of customers.
Fast-Moving ConsumerGoods (FMCG) and Quick Commerce (Q-commerce) are two vibrant sectors that have undergone significant transformations with the advancements in digital technology. With growing internet penetration and the proliferation of smartphones, consumers' purchasing habits have unsurprisingly evolved.
Salesforce has introduced ConsumerGoods Cloud, a new industry product that enables consumergoods companies to drive revenue growth and maximise ROI through improved retail execution capabilities.
A host of CPG companies and retailers, including Unilever, Bel Group, and Walmart, are aligning with the ConsumerGoods Forum in a bid to combat food waste across the value chain.
2 in the ConsumerGoods category. Solo Brands has secured a notable position on Fast Company's list of the World's Most Innovative Companies of 2024, ranking at No.
. “We’ve designed this store to bring us one step closer to our customers and to deliver an innovative experience, merging cutting-edge technology with expert advice , saidGiorgio Busnelli, VP of ConsumerGoods for Europe at Amazon in a statement.
However, brands face complex barriers to implementing these offerings, such as inadequate infrastructure, a high cost of adoption and lack of flexible financing.
New research from MarkMonitor, the enterprise brand protection solutions provider, reveals counterfeit goods still pose a significant risk to consumers.
Athlete and Hustle Clean CEO Justin Forsett will inspire and motivate, alongside leaders from retail and consumergoods companies discussing innovative strategies and how to leverage next-generation technology.
For many in the retail and consumergoods industries, this is the most crucial time of the year. The holiday season is upon us once again. Bonuses are made or lost during the holiday season as some toys, electronics, and clothing items become the hit of the season and others fall flat. We know customers […]
In RIS’ second annual look at the brands that have opened up brick-and-mortar shops, we give you companies to a keep an eye on, as they provide new consumer experiences that stand out from the digital realm.
Centric Software provides enterprise solutions to fashion, retail, footwear, outdoor, luxury, consumergoods and home décor companies to achieve strategic and operational digital transformation goals.
For Walmart, the partnership is another in a series of sustainability initiatives, including the use of more energy-efficient trucks , a pilot program to better manage the supply of fresh produce , a $120 million investment in regenerative agriculture alongside PepsiCo , joining a ConsumerGoods Forum on addressing food waste and capturing carbon for (..)
Bickley brings expertise in the retail and consumergoods sectors and an extensive background managing and growing international franchise opportunities, driving global omnichannel growth and pioneering innovation at companies including Coach and Crocs. Current CEO David Boynton is stepping down after more than five years in the post.
This moderating trend in inflation is an encouraging development, but it is not without its caveats, particularly within the dynamic and complex terrain of the retail and consumergoods industries. As we look ahead, AI and hybrid cloud technologies offer robust solutions to the challenges within the retail and consumergoods landscape.
Speakers include: John Liu, Head of Product, Web3 & Blockchain, Amazon Web Services Shirley Gao, Chief Information Officer, PacSun Farhan Memon, Vice President/Digital Asset Security, Mastercard Michelle Grant, Director, Retail and ConsumerGoods, Salesforce Willayna Banner, Head of Web3/Blockchain, Microsoft Cody Carbone, Chief Policy Officer, (..)
Her career, spanning more than 20 years, includes general management, marketing and commercial responsibilities including global consumergoods, payments, ecommerce and digital marketing. Tait has served as President and a member of the company’s board since January 2021.
It’s a matter of retailers and consumergoods teams being in constant communication to build a better experience for shoppers. Curating a localized assortment requires an abundance of data on what products are being purchased and what products are missing from the assortment, as well as how they’re tracking through the supply chain.
The few retail and consumergoods leaders that have taken notice are vigorously investing in open source technologies, data management and data science skill sets to leverage their data. Biddulph is passionate about analytics, emerging technologies, consumer behavior, collaborative supply chains and retail transformation.
What comes to mind when you think of secondhand goods? These items have been popular in the secondhand market for years, but now there is another consumergood taking the spotlight in the “recommerce” market: mobile phones. Is it pre-owned cars, vintage clothing or refurbished furniture?
Magni is a 20-year-plus veteran of McKinsey & Company with extensive experience working across a host of iconic brands in apparel, beauty, consumergoods, hospitality and grocery. Magni will begin on Aug. 21, 2023 and report directly to President and CEO-elect Tony Spring.
Hostetler is a product marketing manager focused on Retail and ConsumerGoods, with a background in email and mobile messaging. Her background includes extensive data analysis and storytelling, and her main focus is giving retailers a competitive edge by identifying new opportunities based on data-driven evidence. 12 webinar.
There’s been a similar situation in terms of the distribution of all manner of consumergoods. That’s a dramatic shift in the way people are acquiring consumergoods. In 1995, 97% of all retail sales in the U.S. took place in brick-and-mortar stores. Now, about 25 years later, it’s at about 70% to 75%.
Bringing nearly 30 years of experience from consumergoods, retail, grocery, restaurant and ecommerce industries, Narasimhan initially conducted a five-month “immersion experience” in which he traveled to work with Starbucks employees in more than 30 stores, manufacturing plants and in support centers around the world.
Consumergoods makers, including Unilever, Coca-Cola, and Reckitt, have demonstrated their ability to raise prices to cope with higher costs amid the COVID-19 pandemic and supply chain disruptions. These companies have passed on input cost increases to retailers and consumers, helping them manage sharp rises in expenses.
“Companies need cloud systems with omnichannel capabilities that integrate with martech, order management systems, and other technologies,” said Shannon Colquhoun, VP of Retail, Ecommerce and ConsumerGoods at Talkdesk. That means retailers will need to rethink the metrics they use to gauge store performance and associate success.
Retailers have reason to be positive about the holiday season — Americans are still planning to spend about the same or more than last year on gifts, despite the fact that 93% are concerned about the economy and rising living costs, according to EY’s latest Consumer Future Index.
In general, consumer spending on goods has proven weaker as more Americans are spending available funds on services, travel and activities that were limited during the pandemic ,” said Lisa Plonka, Partner and leader of Plante Moran ’s ConsumerGoods Practice.
While today’s shoppers are forced to face higher and higher prices on consumergoods, it’s likely that most wouldn’t dare pay a nine-figure sum for a couple of pizzas.
Seeking to increase consumer recycling of used household appliances, the Chinese government has pledged to update regulations and provide “strong financial support for large-scale equipment renewals and trade-ins of consumergoods,” according to a statement by the English-language channel of the country’s State Council.
Conversely, 20% of executives thought “community belonging” was a critical loyalty driver, while only 8% of consumers said the same. But what’s happening in retail specifically?
The products themselves are synonymous with cutting-edge consumergoods, and its entire structure is focused on staying ahead of customer trends and providing experiences so intuitive that they set the standard for its customers. “I Apple is the standout retailer in the study — its Aii score of 84.2
“In the last few years things like shop and scan and curbside pickup have popped up, but the numbers vary wildly depending on the retailer,” said Shannon Warner, VP of Retail and ConsumerGoods at Capgemini Invent in an interview with Retail TouchPoints.
This soft projection is reaffirmed by Salesforce consumer surveys indicating that although 47% of shoppers say they will buy the same amount as they did in 2023, 40% plan to spend less this year. Interest rates are still higher and global conflicts are still snarling supply chains, and we see shoppers offloading inflation onto debt.”
Prior to joining InMoment, Fraser consulted on a portfolio of major global fast-moving consumergoods (FMCG) and retail brands at Nielsen and GFK/NOP, including Coca-Cola and Asda. He has designed groundbreaking customer experience strategies at InMoment for over a decade, with a special focus on the changing retail environment.
“Business insights that worked in a home market might not apply to the same extent in the new market, so there are likely tweaks or adaptations required to make the concept or product resonate,” said Hunter Williams, Partner in the Retail and ConsumerGoods Practice at Oliver Wyman in an interview with Retail TouchPoints.
For example, a consumergoods brand could generate packaging designs and ad images based on text prompts on seasonal trends, while a fashion designer could generate custom images for marketing to resonate with an individual’s style preferences and shifting consumer tastes.
Andrew Lynch is President and Co-founder of Zipline Logistics , an award-winning North American 3PL that specializes exclusively in the transportation of retail consumergoods. CPG brands seeking a data-driven strategy for their logistics can start by contacting a third-party logistics (3PL) provider as a significant first step.
Her team consists of over 50 brokers, service specialists and consultants focused on risk management and insurance for the retail, wholesale and distribution of consumergoods. She has worked with several global companies focusing on risk management strategy.
We organize all of the trending information in your field so you don't have to. Join 24,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content