News

Wegman and Smucker honored by GMA

BY CSA STAFF

The Grocery Manufacturers Association named Danny Wegman and Timothy Smucker as the 2013 inductees into the trade group’s Hall of Achievement.

Danny Wegman serves as CEO of Wegmans Food Markets and Tim Smucker serves as chairman of the J.M. Smucker Company. The pair will receive the Hall of Achievement honor when GMA gathers in Scottsdale, Arizona on January 19 for the annual Chairman’s Lecture held in conjunction with the Food Marketing Institute’s midwinter conference.

"Danny Wegman and Tim Smucker are pioneers and leaders in the food and beverage industry," said GMA president and CEO Pam Bailey. "Not only have they grown and lead two of the most successful, trusted and admired CPG companies in the United States, both have worked tirelessly to make our industry better and more successful with their boundless passion, creativity, determination and unselfish leadership style. It is only fitting that these two men, who partnered on so many innovative solutions throughout their professional lives, will receive GMA’s highest honor at the same time."

A 48-year veteran of his family’s business, Wegman is widely recognized as an industry innovator. Under Wegman’s leadership, the nearly 100-year-old company has become a $6.2 billion family-friendly franchise recognized by Fortune Magazine as one of the top-ranking places to work. Wegman’s service to the industry is marked by his success in building consensus on tough issues. From his work on data synchronization, Efficient Consumer Response (ECR) and the New Ways of Working Together program, to his tenures as chairman of FMI, GS1 US, GS1 Global and the FMI Food Safety Task Force, Wegman has been a leader in bringing retailers and manufacturers together.

Tim Smucker has served as the company’s chairman, president, COO, co-chief executive and a number of different roles over the years as the company has remained in the hands of the Smucker family for four generations. As vp of planning in the 1970s, he ushered in a new, more modern approach to strategic, tactical and operational planning – a theme that would continue throughout his career. Tim Smucker is well-known for advocating for business standards, supply chain innovations and advanced technologies that have helped move not only Smucker’s but the entire industry forward.

Smucker’s long standing commitment to the CPG industry is evidenced by his 27 years of service at GMA, working to bring the industry together through long-time posts on the GMA Board of Directors, its Executive Committee and its Board Committee on Health and Wellness. Smucker continues in implementing innovative new industry technology and standards in his role as Vice Chairman and Chairman Emeritus for the Management Board of GS1.

 

 

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Are you hiring seasonal employees this year?

View Results

Loading ... Loading ...
News

Home Depot opens 100th location in Mexico

BY CSA STAFF

Home Depot has opened its 100th location in Mexico, according to an article in El Financiero. The Atlanta-based retailer now operates 95 stores in 60 cities in Mexico, where it generates annual revenues of $1 billion, the newspaper said.

In the final quarter of 2012, Home Depot will open stores in the towns of Coahuila, Sonora, Veracruz, Michoacán and Nuevo León.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Are you hiring seasonal employees this year?

View Results

Loading ... Loading ...
News

Deloitte survey predicts increase in mobile commerce, sales for the holidays

BY Staff Writer

New York — Smartphones will be retailers’ friend this holiday season, according to Deloitte’s annual survey of spending intentions and trends.

Half of consumers surveyed own smartphones and nearly seven-in-10 plan to use them for holiday shopping this year, according to the online survey on 5,089 consumers conducted during the 10-day period that began Sept. 14. These shoppers will primarily use their devices to get store locations (62%), check and compare prices (58%) and obtain product information (50%). These consumers are expected to shell out 72% more than those who do not plan to use smartphones, spending a total $1,428 on the holidays across categories including gifts, entertaining at home, socializing away from home, non-gift clothing, home/holiday furnishings and other holiday spending.

"Deloitte’s research into smartphones’ influence on in-store sales indicates that the conversion rate for shoppers who use a retailer’s dedicated mobile application is 21% higher than those who do not," Alison Paul, vice chairman, Deloitte LLP, and retail & distribution sector leader. "This holiday season, branded applications, Wi-Fi connectivity and personalized, location-based promotions from retailers can enable shoppers to make an immediate buying decision in the store."

This year, Deloitte anticipates that in-store sales influenced by consumers’ smartphone use will account for $36 billion, or 5.1% of total holiday retail store sales.

Among the other findings:

  • Nearly half of consumers plan to shop online for holiday gifts and where they will also read reviews before buying. One in three plan to rely on reviews more this year than last year.
  • Nearly half of shoppers will make social media part of their holiday shopping process by tapping into social networks for discounts, to research gift ideas and read reviews.
  • When shopping online, 47% of consumers indicate that low prices are most important when shopping a particular retailer. Online shoppers also expect some free perks in the form of shipping and returns.
  • Despite the emphasis on mobile, social and online, in-store service still matters. Four out of 10 consumers indicate that during the holidays, they are more likely to seek help from store associates in electronics or office supply stores followed by traditional department stores and discount stores.

"The store continues to be central to holiday shopping, but its role and that of the store associate is evolving as the physical and virtual shopping experiences merge," Paul said. "Associates should be more informed and empowered than in the past; they should have the ability to make price-matching decisions on the spot, and be well-versed on promotions and products that customers are viewing via the retailer’s mobile and online channels."

keyboard_arrow_downCOMMENTS

Leave a Reply

C.King says:
Jun-12-2013 08:23 am

Wow Nice Post I Love This Post Great Blog Good,.....stock music

C.King says:
Jun-12-2013 08:23 am

Wow Nice Post I Love This Post Great Blog Good,.....stock music

P.Lopez says:
Mar-31-2013 10:48 pm

These consumers are expected to shell out 72% more than those who do not plan to use smartphones, spending a total $1,428 on the holidays across categories including gifts. chat random

P.Lopez says:
Mar-31-2013 10:48 pm

These consumers are expected to shell out 72% more than those who do not plan to use smartphones, spending a total $1,428 on the holidays across categories including gifts. chat random

J.Jaak says:
Mar-20-2013 07:26 am

I was recommended this website by my cousin. I'm not sure whether this post is written by him as no one else know such detailed about my difficulty. You're wonderful! Thanks! adjustable bed reviews

J.Jaak says:
Mar-20-2013 07:26 am

I was recommended this website by my cousin. I'm not sure whether this post is written by him as no one else know such detailed about my difficulty. You're wonderful! Thanks! adjustable bed reviews

lahmphil29 says:
Mar-15-2013 05:19 am

Phil Schiller also claimed Apple is doing much better with regular and on-time updates and that more than 50% of its users are running on the latest version of the OS. He also points out to multiple research who concludes people with iOS devices use them more than people with Android gadgets. Now what Mr. Schiller might have forgotten is that while the latest Android version is still called Jelly Bean, but its 4.2 iteration (which the Galaxy S IV is expected to run) has been Habitat Mitigation introduced at the very end of October last year. We don't know what calendars they have in Cupertino, but that's certainly not over a year.It seems Schiller doesn't like Reedy Creek Mitigation Bank the hype that the Samsung latest flagship is generating, which may soon reach (if it hasn't already) Apple proportions. It surely hurts Apple that the US market (which has been its stronghold so far) is as interested in the Galaxy S IV as the rest of the world

TRENDING STORIES

Polls

Are you hiring seasonal employees this year?

View Results

Loading ... Loading ...