Stores that faced a competitive opening from Lidl over the past year typically saw an initial sales impact of 7% that gradually declined to about 2% after 16 weeks, according to a new study. Full
Trader Joe’s ranked first among multichannel retailers in Forrester Research’s 2018 U.S. Customer Experience Index. The Cambridge, Mass.-based research firm benchmarked the customer experience quality at 287 U.S. brands, including 42 leading multichannel retailers. Full
Supermarket chains can breathe easy — for now, at least — about Amazon’s grocery push on one front: private label. Full
Bel-Group owned cheese brand Babybel aims to profit from increased snacking occasions among US consumers with its new range of Cheese & Crackers. Full
UK-based beverage company BFT Drinks has launched an energy tea made from guayusa leaves which is said to have “twice as many oxidants as green tea”. Full
General Mills-owned Yoplait will release a new range of yogurts made with ultra-filtered milk and which have less sweet taste than other similar products. Full
Walmart plans to open a smaller, high-tech version of Sam's Club as a test store in a 32,000-square-foot location in the Dallas area that formerly held a Neighborhood Market. The store will be convenience-focused and offer Scan and Go technology. Full
Walmart has inaugurated a new dairy processing plant in the US state of Indiana – the retailer's first foray into food. Full
Although U.S. consumer packaged goods (CPG) companies once again faced a challenging environment in 2017, research released today by The Boston Consulting Group (BCG) and IRI found that many of the industry’s top performers generated growth by distinguishing themselves in three ways: differentiating their offerings, targeting consumers with greater precision and complementing organic growth with inorganic growth.
Microsoft Corp. is reportedly working on technology that would eliminate cashiers and checkout lines from stores, according to people familiar with the matter. The company is developing systems that track what shoppers add to their carts, and has shown sample technology to retailers from around the world, including Walmart Inc.