The new FMI Finding the Profitable Path to Your Digitally Engaged Grocery Shoppers: Free Executive Workbook 2018 helps companies think through their organizational structure, partnerships and strategy. Gather your team and plan your route. Download the free workbook.
The shift to digital purchasing of fast-moving consumer goods (FMCG) is not only pervasive, it's all-inclusive. It's being driven by a diverse set of consumers, not just by millennials or the most affluent shoppers. Presented from the perspective of the independent operator, listen to speakers from Nielsen and FMI discuss how to create an omnichannel-ready organization.
The modern CIO needs to be a champion for change. Winning retailer and manufacturer strategies, supported by strong tactics, will require investment in three key enablers of change and growth. People, and the corporate culture that guides them, will be the lifeblood of the transition required to ready an organization for the digitally engaged food shopper. Learn how you can leverage the accelerators and overcome the inhibitors to omnichannel success.
Corporations in various industries offer mindfulness training or encourage similar practices to help staff focus and manage stress, write Christian Greiser and Jan-Philipp Martini of The Boston Consulting Group. Mindfulness "helps people to inspect and adapt their behaviors in short cycles, relax so that they can rewire established attitudes, and think clearly in the midst of overwhelming digital stimuli," they write.
Lenovo has decided to target the smart wearables markets in India with products such as fitness bands and smartwatches. Lenovo's Sebastian Peng reports that the smart wearables market in India is expected to increase 30% to 40% this year and that Lenovo already has 6% to 7% of the market share.
The Supreme Court in a 7-2 vote ruled Tuesday that a procedure created in 2011 to fight patent trolls is constitutional. "Making it clear that many cases can and should be resolved by fixing patents at the patent office rather than rushing to court to sue for infringement makes it much easier for our members to fight patent trolls," NRF General Counsel Stephanie Martz said.
American Apparel's new owner, Canada-based Gildan, relaunched the brand globally online with a strategy that kept what worked for the fashion brand and jettisoned what didn't, said Sabina Weber of American Apparel. Gildan focused on core pieces that defined the brand while paring down the overall selection, and kept the marketing sexy without going too far.
Amazon is rolling out its service in 37 cities that will deliver purchases to the cars of Prime customers. Customers with late-model GM or Volvo cars can download an app that lets Amazon delivery staff open the car to place packages inside.
Grocers do well in customer loyalty rankings when employees are invested in company success and good service, Bryan Roberts writes. This is particularly true in chains such as Wegmans and Publix where the company is privately owned and works to keep staff members well-compensated and engaged, he writes.
Amazon today announced the new Echo Dot Kids Edition with FreeTime services, which is aimed at kids ages 5 to 12. Though similar to the regular Echo Dot, it comes with a protective rubber case, kid-friendly content and parental controls.