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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.

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Aleran Software Rolls Out OneMart B2B eCommerce Technology

PYMNTS

Sales order management company Aleran Software rolled out its OneMart B2B online shopping technology, according to a Thursday (Oct 1.) We built OneMart with the manufacturer/vendor and sales agency in mind," Aleran Software CEO Alex Sayyah said in the announcement. announcement.

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Wearables Like Apple Watch Outsell Entire Watch Industry

PYMNTS

Sales numbers don’t equal profit margins, however. “We Revenue for Apple’s wearable division topped $10 billion in net sales in the December quarter, a near 27 percent year-on-year increase. Tag Heuer, for example, has released several smartwatch models, including one that costs $180,000.

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Amazon Expands Data-Driven Fashion Push

PYMNTS

While apparel sales have been uneven in 2020, as consumers have shown a greater preference for comfy loungewear to haute couture, Amazon’s battle to enter and drive the segment has continued apace. billion in private label sales this year. The experience works on the web and inside the Amazon app and comes with a $25 price tag.

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The Impact Of The Coronavirus On US Shopping Malls

PYMNTS

The International Council of Shopping Centers (ICSC) says it believes action from the federal government is needed, and large retail brands began to put a price tag on the revenue losses they expect to face. 1B: Approximate amount of sales Adidas says it would lose by closing in China. . All this, Today in Data.

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Google’s New Features Help Advertisers’ Products Stand Out In Search Results

PYMNTS

Another feature will highlight information such a short-lived sale in search results. Advertisers will be able to tag ads with the new information. “Smart Shopping campaigns optimize conversion value for both online sales and new customer acquisitions.

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Instagram Shopping Platform Will Open To Wider Array Of Businesses

PYMNTS

The move is part of a larger effort in social commerce to close the “ conversion gap ” between the ideas customers get on various social media apps like Instagram, and the sales they later inspire, which are still mostly happening on the websites of the companies that make the various products or services in question.