Cpg/page/2 news and trends

SKUx and Mondelez Launch Blockchain-Centered Payments Partnership
Blockchain // October 16, 2024

Digital payments firm SKUx has wrapped up the first phase of a blockchain-focused partnership with Mondelēz. SKUx is working with the consumer packaged goods giant on a payments innovation project in conjunction with Hedera, an open source enterprise distributed ledger technology (DLT) network, the companies said in a news...

A Shelf Space Showdown: The Rise of Private Labels in Grocery Stores
Retail // October 08, 2024

In the ongoing battle for grocery shelf space, consumers are increasingly seeking value. Grocers are eager to meet this demand, while also capitalizing on the higher margins that come from their own private-label brands. As name brands vie for attention, the stakes are rising, with...

What We Know About Chocolate and Consumer Trends From Mondelez, Kraft Heinz and Hershey Q2...
Retail // August 05, 2024

As the consumer packaged goods (CPG) industry grapples with complex economic and consumer trends, three major players — Mondelez International, Kraft Heinz and Hershey — are steering their ships through turbulent waters with distinct strategies and adaptive approaches. From surging cocoa prices to evolving consumer preferences and...

Procter & Gamble Records 4% Organic Sales Growth
Earnings // July 30, 2024

Procter & Gamble announced a 4% organic sales growth for fiscal year 2024, continuing a streak of six consecutive years with at least a 4% rise. Net sales rose 2%, to $84 billion, while fourth-quarter sales, shipment volumes and product mix were flat year over...

Interviews & Exclusives
What We Know About Chocolate and Consumer Trends From Mondelez, Kraft Heinz and Hershey Q2 Earnings

August 05, 2024
As the consumer packaged goods (CPG) industry grapples with complex economic and consumer trends, three major players — Mondelez International, Kraft Heinz and Hershey — are steering their ships through turbulent waters with distinct strategies and adaptive approaches. From surging cocoa prices to evolving consumer preferences and regional market dynamics, these companies demonstrated resilience and innovation in […]

CPG Marketing Embraces New Business Models for Digital Transformation

March 04, 2024
The tidal wave of artificial intelligence (AI) that has hit the payments, commerce and financial services industries has created the need for a new definition. Because AI is enabling and...

CPGs Use Guacamole and Super Bowl to Trot Out AI-Powered Consumer Experiences

February 06, 2024
Artificial intelligence (AI) has entered the consumer-packaged goods arena in a big way, giving consumers more touchpoints and engagement with household brands. In fact, AI is even playing in the...

P&G: Inflation Isn’t Keeping US Consumers From Buying More Expensive Brand Names

January 23, 2024
It turns out Procter & Gamble, the company which makes household staples like Tide detergent, Bounty paper towels, and Crest toothpaste, made more money last quarter because it raised prices...

Quick Reads
SKUx and Mondelez Launch Blockchain-Centered Payments Partnership

October 16, 2024
Digital payments firm SKUx has wrapped up the first phase of a blockchain-focused partnership with Mondelēz. SKUx is working with the consumer packaged goods giant on a payments innovation project in conjunction with Hedera, an open source enterprise distributed ledger technology (DLT) network, the companies said in a news release Wednesday (Oct. 16). “The first phase of the innovation project […]

Visa and SKUx Team to Promote Digital Consumer Payments

May 16, 2024
Visa has launched a collaboration with digital payments company SKUx. “The agreement will accelerate digital transformation for select merchants and consumer packaged goods companies that leverage SKUx’s payment-based offer solutions — supporting a variety...

Trax Debuts ‘Signal-Based Merchandising’ to Brands In-Store Visibility

February 27, 2024
Retail brand management company Trax has debuted its signal-based merchandising (SBM) solution. The new tool lets brands gain visibility down to the individual product level, the company said in a...

Crisp Raises $50 Million to Grow CPG Data-Sharing Efforts

February 22, 2024
Collaborative commerce firm Crisp, which provides retailers with real-time inventory data, has raised $50 million in a Series B extension round to drive its growth efforts. Existing investors including Blue Cloud Ventures, FirstMark...