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

CFO News

Companies said there was a significantly higher growth in sales of branded packaged foods than their unbranded counterparts because of their lower share compared to other household products. 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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Instagram Shopping Platform Will Open To Wider Array Of Businesses

PYMNTS

In a Tuesday (June 23) press release , the company said it will be opening up Instagram Shopping to a wider array of businesses, including Instagram creators who have products or other offerings to sell. And Instagram clearly is thinking of not just small businesses, but even small, independent contractors or freelancers.

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Lost Pet Posters Get An Upgrade For The Digital Age

PYMNTS

Still, that seems so old-fashioned in this digital age — at least according to Andrea Chavez, Founder of Pawscout , a company whose signature product is a Bluetooth-enabled tag that not only helps pet owners find their wayward pets, but gives them access to other digital and mobile services.

Retail 77
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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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Amazon Lowers Whole Foods Prices To Attract More Customers

PYMNTS

Amazon plans to slash prices on hundreds of items at Whole Foods stores in an attempt to attract customers and change the brand’s image as a high-priced grocery store, The Wall Street Journal reported. The lower prices will affect 500 plus products and will mostly focus on meat and produce.

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Why Pets Are Pulling Retail Innovation’s Leash

PYMNTS

Its main mission is to update those analog lost-pet posters via a a Bluetooth-enabled tag that not only helps pet owners find their wayward pets, but also gives them access to other digital and mobile services. Better Pet Tag. The goal is to create a really affordable, much better pet tag,” she said. physical retail landscape.

Retail 48
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FLEETCOR Teams With Nissan In Brazil On Contactless Payments

PYMNTS

The arrangement will see the outfitting of all new Nissan vehicles with Sem Parar Radio-Frequency Identification (RFID tags), providing thousands of drivers with contactless payments capabilities and expanding Sem Parar’s customer base in the region, according to an announcement.