With governments issuing shelter-in-place orders and concerns over the coronavirus spreading in public, it’s not a surprise consumers are turning to the Internet to get what they need.
CPG growth is anemic and marketplace competition is fierce, so winning in this environment requires a keen understanding of consumers’ evolving path to purchase and dynamic marketplace shifts.
Despite fierce competition and thin profit margins, grocery sales outperformed other channels for sales of consumer packaged goods (CPG), new market research shows.
The company will install four state-of-the-art manufacturing lines at its Salinas, Mexico, production facility, and shut down nine lines at this Chicago plant.