Byju's says no merger or acquisition talks with Unacademy
Indian edtech giant Byju’s says the firm and any of its subsidiaries are not engaging with rival Unacademy to explore an acquisition.
2023
370 English stories filed on their original news datelines.
Modern Retail Research: As DTC dominates, marketplaces edge out retailer channels for brand investment
While brands are primarily focusing on their own DTC channels, new survey results show that marketplaces are beating retailers as targets for brand investment.
McDonald’s to publish “first-in-sector” report on reusable packaging
McDonald’s Corporation has pledged to evaluate and report on the opportunities and risks posed by switching to reusable packaging.
Krispy Kreme Exiting Pre-Packaged Business, Shutting Down N.C. Plant
Processing facility in Concord, N.C., employed 102 workers and will shut down May 11, with the company shifting focus back to fresh doughnut business.
McCain Unveils $437 Million Expansion of Alberta Potato Facility
Largest capital investment in company history will have significant sustainability aspects.
Ammonia Leak Forces Evacuation at Florida Coca-Cola Bottling Plant
A 20,000-pound ammonia tank at a Coca-Cola facility in Auburndale, Fla., sprung a leak this morning, forcing the evacuation of the bottling facility and shelter-in-place decree...
Don’t waste money on ineffective global creative: here’s how to make it work
Creating a global campaign that resonates across multiple markets is not an easy task. The differences in culture, language, and values in each market will have a huge impact on how well it is received and its overall effectiveness.
Microsoft unveils AI tool to mitigate supply chain risk
The Dynamics 365 Copilot not only flags potential threats, but also automatically drafts an email to suppliers asking whether they will be impacted.
After 2022's wedding boom, wedding fashion brands prepare for a return to pre-pandemic business
The first two years of the pandemic were dire for wedding and bridal brands. The lack of nuptials and events pushed some brands close to bankruptcy. But 2022 was just the opposite, providing brands that survived the prior two years the boost they needed to get back on their feet. Now, three months into 2023, the category is settling back into something closer to normal.
Mary Kay appoints James Whatley as Chief Information Officer
Direct sales company Mary Kay has appointed James Whatley as Chief Information Officer.
'There were multiple times I thought maybe we won't make it': M.M.LaFleur CEO Sarah LaFleur on the womenswear brand's new store strategy
M.M.LaFleur founder and CEO Sarah LaFleur joined the Modern Retail Podcast this week and spoke about her apparel brand's trajectory.
FMI: Shopping trips are up in grocers’ meat departments
Consumers are buying more fresh meat than before the pandemic started, but grocers are facing stiffer competition from supercenters, clubs and online outlets, according to the industry group’s latest report.
Youth group chief Zagy Berian on being clear-eyed about Indonesia's clean energy challenge
The 25-year-old started a clean energy group in his school in 2019 that has since ballooned to over 40 varsities and 3,000 members. Berian is now running the organisation as a non-profit and looking to make a bigger impact in the region.
Despite inflation, candy sales grew to $42.6B in 2022
Nearly 75% of consumers said sweets remain an “affordable treat” in the annual survey done by the National Confectioners Association.
EBay's vp of seller experience on the platform's new seller solutions
In an interview, Xiaodi Zhang, vp of seller experience at eBay, said technology at the company has been changing dramatically.
'There's going to be a lot of consolidation': Aviron CEO Andy Hoang on growing a fitness brand during a cooling economy
Aviron founder and CEO Andy Hoang joined the Modern Retail Podcast this week and spoke about Aviron's transformation as a fitness brand.
