The Shelf Talker
YEAR IN REVIEW: POLICY DEBATES IMPACTING RETAILERS IN 2016 AND BEYOND
The conclusion of the 2015-2016 session of Congress was marked by an unprecedented election cycle. NRF’s David French reviews action in Congress and the courts over the past year — from overtime and swipe fees to patent reform and global trade — and offers a preview of what’s to come in 2017.
Source: National Retail Federation
ShopRite goes organic with Wholesome Pantry line
ShopRite has rolled out a private-label line called Wholesome Pantry that highlights organic and better-for-your snacks, produce, dairy and meats. The collection will eventually include about 300 items that will be exclusive to ShopRite stores.
Overdue? Staten Island Advance
The 10 most purchased brands in the world: Coca-Cola, Colgate lead
Coca-Cola is the most purchased brand in the world, according to the Kantar Worldpanel Footprint Study. Colgate, Lays, Pepsi and Nescafe also made the Top 10.
Source: Business Insider
New technology could improve testing for E. coli
New technology uses a virus to help identify when E. coli is present in food, which could make it easier and less expensive to test for the bacteria. “The lower the cost, the more tests you can do,” Purdue researcher Bruce Applegate says.
Professor From Purdue University: The Packer
Sources: Kate Spade prepares for Jan. sale
Kate Spade & Co. has teamed with financial advisors to prepare for a sale in January, sources said. Six companies, the majority of which are retailers, have already expressed interest in bidding on Kate Spade, which is valued at about $2.3 billion, according to the source.
Sears CEO to Open His Wallet Once Again to Keep Retailer Afloat
Sears Holdings CEO Eddie Lampert’s hedge fund ESL Investments will extend a $200 million line of credit to the retailer, with the potential to expand the credit to $500 million, to help the company fund operations. Sears continues to struggle after six straight years of losses.
Sears Long Slide: Bloomberg
PepsiCo CMO sees marketing potential in at-home AI
PepsiCo Chief Marketing Officer Seth Kaufman regards at-home artificial intelligence as one of the most exciting marketing technologies to emerge in 2016. “I’m looking forward to seeing how these technologies continue to evolve in 2017 and beyond, and especially the implications for marketers across disciplines and categories,” Kaufman says.
Top Martech: Marketing Land
Amazon launches Wickedly Prime food label
“As with some of its other brands, Amazon didn’t make a big announcement; it just added the products to its website,” A search on Amazon.com revealed that the new line includes four snack products so far: a cheese and caramel popcorn mix, blue corn tortilla chips, sweet potato tortilla chips and soft shell almonds.
Available only to Amazon Prime members: Store Brands