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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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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.” Apple blamed its fourth-quarter revenue shortfall on its China business, with CEO Tim Cook saying at the time that the shortfall was 100 percent due to iPhone sales, largely in China.

Sales 43
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As Smartphone Sales Dip, Samsung Launches Galaxy Fold

PYMNTS

In January, Samsung’s Q4 results showed a 10 percent year-over-year revenue decline, along with an 11 percent drop in sales tied to mobile operations. The Galaxy Fold launch — along with the debut of associated, upgraded Samsung wearables such as Galaxy watches, fitness bands and ear buds — comes amid a general slowdown for mobile devices.

Sales 49
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Apple To Restart Sales Of iPhones In Germany But Only Qualcomm Versions

PYMNTS

The court ruled in favor of Qualcomm and banned sales of the iPhone models that had the Intel chips. The hefty price tag of Apple’s newest iPhones, coupled with an economic slowdown and extending smartphone replacement cycles in China has been hurting the smartphone maker.

Sales 49
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Putting A Price Tag On The Buyer-Supplier Relationship

PYMNTS

” In B2B sales, the customer experience is a critical component of turning inquiries and requests for pricing into transactions, he said. “Though it may seem transactional, both the buyer and seller have more at stake in the long run.”

B2C 40
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Using IoT Tech To Drive Grocery Sales

PYMNTS

As such, grocers are turning to old retail standbys — sales and discounts — to help spur purchases, and for good reason. Sales and promotions won’t attract customers if consumers don’t know they exist, though, and many stores are now working to find improved, tech-fueled ways to better promote their discounted goods. If it costs $0.04

Sales 52
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Costco Rounds Out 2016 With Sharp Sales

PYMNTS

Sales for the 40-year-old, Washington State-headquartered company in the last 18 weeks boosted 2 percent overall, with stores in the U.S. And in speaking just about December numbers, total sales jumped 3 percent both overall and in the U.S. Membership-only warehouse club Costco rounded out 2016 with a bang. Canada, the U.K.,

Sales 40