Month: June 2015

Ottawa, Canada: 360pi, the leading provider of price and product intelligence for retailers and brands, today announced it has co-sponsored Retail Systems Research’s (RSR) pricing benchmark report, “Pricing 2015: Learning to Live in a Dynamic, Promotional World,” authored by RSR managing partners and lead analysts, Nikki Baird and Paula Rosenblum. The report, based on an online survey of 123 retail respondents from March-May 2015, highlights the top strategic pricing business challenges for retailers, the pricing strategies of retail winners and laggards, and key opportunities for retailers to successfully navigate through the future of pricing. …

Health Canada has proposed changes to nutrition labels on food. The changes include updates to the Nutrition Facts table (NFT), which would display serving sizes in common household measurements followed by a metric equivalent; indicate the amount of potassium, while removing totals for vitamins A and C; and add a footnote that explains percent daily values, suggesting that a value of five percent or less represents "a little" and 15% or more constitutes "a lot" of the recommended daily intake for a particular ingredient. …

Virtually every brand we work with is trying to win Millennials and it’s not surprising why. Eighty million shoppers with one trillion dollars in buying power are hard to ignore. But equally hard to ignore are recent stats that show when it comes to shopper marketing, Millennials know what they want. …