Bad Product Data - Risks Increase
3 events this week prompt yet another commentary on the risks of using CPG product information in its current state. (more…)
3 events this week prompt yet another commentary on the risks of using CPG product information in its current state. (more…)
There is a very interesting battle beginning to take shape in the CPG advertising world. Three evolving advertising approaches are poised to pick apart the traditional advertising providers carcass (and the revenue spent thereon.) The three camps include: (more…)
In addition to the consumer grocery spending shift to Wal*Mart, commented upon below, both BJ’s and Costco reported strong year over year fourth quarter gains. Same store sales were up 5.4% in BJ’s and 7% (excluding gas) at Costco! These gains were driven by perishable and other food items!!
The move must be in part price driven (duh) as the University of Michigan’s Customer Satisfaction Index measured Wal*Mart’s performance in the fourth quarter at its lowest rating ever (68) down 6% from third Quarter.
Ziff Davis Enterprise Researchjust released their survey of IT professionals. Not surprisingly the CIO’s agree on the need to spend feverishly on a number of fronts. Three of the top four business priorities included: providing better service to customers, improving business processes and cutting costs.
The technologies judged to offer the biggest impact included: business intelligence, collaboration and systems/data integration.
Their top technical priorities for implementation? Strategic applications, infrastructure changes and build-out to keep up with business growth and way down at the number 5 of 10 listings was improve the quality of information. (more…)
On February 19th Wal-Mart Stores told Wall Street that discount groceries played a significant role in the 8.3% jump in fourth quarter sales (ending January 31, 2008), sales which also topped $100 billion dollars! U.S. sales were $67.4 billion with an increase of 5% over the same quarter a year ago. (more…)
The swirl of Health and Wellness activity continues to dominate the news in the grocery and food trade-rags, websites, blogs and even some consumer publications. This makes sense given both the real importance of helping the shopper simplify their grocery selection process and the quiet targeting of food manufacturers and retailers that is going on in both government and tort-lawyer back-rooms across the country.
I was struck by some of the financial news regarding big retail in the last 7 days. At Supervalu analyst Scott Mushkin (more…)
According to CPG Brief: At Wal-Mart food products related to entertaining and baking performed well, in posting better than expected same store sales of 2.4% for the five weeks ending 1/4/08. Further, Costco added 7% same store sales increases with strength in produce deli, cooler, candy and foods.
Great post on the GXS blog site by Melanie Ligons on 12/17/07 (link below).
Essentially she predicts/hopes that “leading companies will step up to the plate in 2008 and address the CPG product data quality issues by taking the first steps toward implementing solid B2B Data Management programs.” (more…)
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