Remove tag cuts
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Packaged foods give bite to FMCG sales volumes in January-March

CFO News

In the past few months, companies have been reversing grammage cuts to bolster volume growth amid easing inflationary pressures. Most companies expect a steady increase in volume-led growth and recovery in rural areas as they look to slash product price tags.

Sales 52
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10 Tuesday AM Reads

Barry Ritholtz

Manufacturers need to cut costs as electric-vehicle inventories pile up, but this is easier said than done. The Big Picture ) • Secret History of Alan Alda’s M*A*S*H Dog Tags : At auction, it was revealed they were from WWII vets: a Black man from the South and a Jew from Brooklyn. Wall Street Journal ) see also EV or Hybrid?

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NXP Rolls Out Privacy-Enabled Tag Chips For IoT

PYMNTS

NXP Semiconductors in late September introduced its latest NTAG DNA tag chip, providing privacy-enabled, multi-layered security for NFC and IoT authentication applications. With the new NTAG 424 DNA, brands can fight counterfeit and grey market activities at a cost that enables mass-market deployment of advanced NFC tags.

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Apple iPhone X Gets Production Cuts As Demand Slows

PYMNTS

Eyeing weak demand, tech giant Apple has cut production for its iPhone X planned for the current quarter. 30) that production cuts mean that the firm will make 20 million iPhone X devices in the period, half of what had been planned. The Wall Street Journal reported news on Tuesday (Jan. It’s a real headache.”

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Amazon Lowers Whole Foods Prices To Attract More Customers

PYMNTS

Amazon bought Whole Foods in 2017 for $14 billion, and it plans to initiate the price cuts on Wednesday (April 3). In an effort to prepare for the new price schemes, some Whole Foods employees are reportedly being asked to work overnight to get the stores ready, hanging signs and switching price tags.

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Apple Sales In China Could Suffer Due To Weaker Demand

PYMNTS

Suva said sales of the electronic giant “could be cut in half,” owing to a “less favorable brand image.” In April , Apple cut prices of its products by nearly 6 percent in China due to lesser demand. The price cuts were prompted by lower-than-anticipated demand for iPhones in China, Taiwan and Hong Kong, the news outlet reported.

Sales 43
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Jessica Alba’s Honest Company Faces A Down Round

PYMNTS

The big price tag on Honest Company, however, is as much a limitation as it is an honor. About a year ago, the firm was in negotiations with Unilever about a potential partnership or acquisition, but that price tag pushed them instead to grab up competitor brand Seventh Generation for $600 million. So, is Honest no longer a unicorn?