Specialty Retail
Top stories summarized by our editors
3/19/2019

Major seafood companies and retailers such as ALDI, Ahold Delhaize and Lidl have agreed to cooperate with industry groups to improve the traceability of seafood. The goal is to make traceability a practice that is adhered to throughout the seafood industry.

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Progressive Grocer
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Lidl, Ahold Delhaize
3/19/2019

IGA is putting added emphasis on fresh foods with a comprehensive campaign telling consumers that "Local Equals Fresh." In-store messages will emphasize that IGA grocers are offering regional fresh products whenever possible, and will put a spotlight on local farmers.

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Progressive Grocer
3/19/2019

General Electric is cutting costs and restructuring this year as it tries to improve its GE Power unit and return to positive cash flow next year, says CEO Larry Culp Jr. "I think what we'd like to do is make sure that we're playing on offense both organically and inorganically on a more regular basis," he says.

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CEO Larry Culp, General Electric
3/19/2019

Ford will move hundreds of workers in Louisville, Ky., from Ford Escape production to the Ford Expedition SUV while also reorganizing the factory floor and using 3D printers to quickly replace broken tools. Ford launched an advertising campaign for the Expedition this week that will target college basketball broadcasts and Texas markets, among other buys.

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Detroit Free Press
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Ford, basketball
3/19/2019

Walmart will do away with its Savings Catcher program in mid-May because the tool it uses for the program shows most of its prices are already the lowest. The price-matching program, which launched in 2014, allowed customers who bought items at Walmart and found the items for lower prices elsewhere submit their receipts online or via an app to receive a refund or e-gift cards to make up the difference.

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Walmart
3/19/2019

General Mills will give away 15,000 boxes of marshmallow-only Lucky Charms as part of a promotion scheduled to run through the summer. "Consumers have flooded our inboxes and swept our social feeds begging for Lucky Charms Marshmallow Only to return," says General Mills' Scott Baldwin.

3/19/2019

Benefit Cosmetics' "Cheekleaders" activation won more than 560,000 views and 875 comments on Instagram, a 1,700% increase over the beauty company's average views. Benefit used five of its biggest brand ambassadors to surprise five selected teachers, each of whom received $15,000 in presentations featured on social media channels.

3/19/2019

Sony has introduced a new feature for its Aibo robot dog that allows it to identify individuals listed on a user-created "person-of-interest registry." Aibo Patrol rolled out as part of Sony's latest software update and allows individuals to track up to 10 identities.

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Digital Trends
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Sony, Aibo
3/19/2019

Nvidia's Jetson Nano is a 3-by-4-inch computer designed for artificial intelligence and machine learning processes. The $99 device allows individuals to update their creations with AI capabilities while minimizing the need for electricity.

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Fortune
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Nvidia, Jetson
3/19/2019

Space startup OneWeb has raised $1.25 billion for the purpose of deploying broadband satellites that could provide global internet access. This takes total funding for the company to $3.4 billion, with investments coming from companies including Qualcomm, Grupo Salinas and SoftBank.

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VentureBeat
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Grupo Salinas, Qualcomm, OneWeb