To target gamers and content creators, Intel will launch its 9th Gen Intel Core Mobile processors and expand the processors for the desktop. Newzoo estimates there are 580 million PC gamers and more than 130 million PC-based content creators.
With retail sales of licensed consumer technology devices growing to $11.7 billion worldwide in 2017, branding and licensing have become more important in retail sales, writes Steven Ekstract. He writes that licensing is a marketing vehicle that uses consumers' emotional connections to brands.
A trending appreciation for artisan food and interest in protein-based snacks has led to an uptick in charcuterie demand. "Recognizing the growing popularity of charcuterie offerings, our charcuterie sections and cheese shops feature hundreds of varieties of meats and cheeses in addition to the perfect accoutrements for any cheese board," says Giant Eagle spokesperson Jannah Jablonowski.
The Supreme Court has heard arguments regarding a South Dakota newspaper's request for Supplemental Nutrition Assistance Program data from participating stores. FMI opposes the request, pointing to the confidentiality of the information and the government's initial decision to block SNAP information release.
Dubai is betting on growth in tourism and retail to lead the country's retail recovery, as growth in the real estate industry continues to slow. The country's gross domestic product grew a lower-than-forecast 1.9% last year, the government reported.
Ahead of NRF's annual loss prevention and cyberrisk event, NRF PROTECT 2019, Giant Food's Director of Asset Protection Mike Brenton shares what's behind the security camera at the grocery store and the evolving role of LP in driving sales on this episode of NRF's Retail Gets Real podcast. Listen and subscribe.
Wakefern Food's ShopRite aims to grow its private brands from 13% to 30% of its market share within five years by adding about 1,000 new SKUs and focusing on premium products, executive Chris Skyers said. The company will work first on rebranding its core offerings and then on innovating in the premium products category, he said.
Pricing strategy overhauls are more successful when distributors take an incremental approach to change, according to experts at an industry event. Distributors can start by examining the 10 worst-performing accounts for ways to improve and then determining the most effective tactics by gathering feedback from their top five accounts, said D. Bruce Merrifield of WayPoint Analytics.
Distributors are increasingly looking to serve less of an enabler role in sales and function more like doctors, answering customers' questions and addressing important issues they might not have considered, writes Gretchen Friedrich of AFFLINK. Like actual doctors, they should "not start pitching a prescription" immediately, but "custom-tailor their recommendation to [fit] the patient," says Jonathan Prichard of Mattress Insider.
J.C. Penney has dropped Apple Pay as a payment option at all of its stores because it was unable to comply with an April 13 deadline for ensuring that all payment terminals are compliant with EMV contactless chip functionality. The retailer launched Apple Pay at all department stores in 2016, and it could bring back the payment option in the future.