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The Ready-Made Meals Section, Big Opportunity for Supermarkets
The new year begins with high expectations, but the outlook is still unclear due to concerns about what might happen with inflation. With this in mind, consumers want to save on their spending without having to sacrifice convenience, leaving supermarkets with the task of satisfying these two needs that are now basic for their customers. In this area, supermarkets have an excellent opportunity to capitalize on in-store prepared food service, as assured by the report “The Power of Prepared Foodservice in Retail 2022,” released by the FMI-Food Industry Association . According to the report, a quarter of consumers (25%) are buying more prepared meals in-store than a year ago, surpassing last year’s and 2019’s dollar and unit sales volume. The analysis suggests that supermarkets can compete for consumers’ grocery dollars by maximizing value, nutrition, and convenience while communicating these benefits to consumers. “At a time when consumers are rethinking where to spend their grocery budget, retailers need to demonstrate the value of supermarket food service and exceed expectations,” said Rick Stein, vice president of fresh foods at FMI. FMI’s “The Power of Prepared Foodservice in Retail 2022” report provides a detailed roadmap on where retailers can focus to succeed […]
Iovance Biotherapeutics now in a position to finally realize lifileucel’s opportunity – Piper Sandler
Iovance Biotherapeutics (IOVA) now in a position to finally realize lifileucel’s opportunity – Piper Sandler Iovance Biotherapeutics (NASDAQ: IOVA ) was raised to Overweight from Neutral by Piper Sandler analysts on Friday, who stated that it finally feels like the story is "maybe out of the woods." In a research note to clients, the analysts also lifted the firm’s price target on the stock to $14 from $11 per share. The analysts said the firm has now come around to the view that "the BLA [Biologics License Application] filing will get done this quarter, lifileucel has a good likelihood of approval later this year and that the initial launch could surprise to the upside." "The basis for our view on potency, filing and approvability largely stems from a holistic view of prior cell therapy approvals/potency discussions, the amount of time that has passed since the issue first surfaced and the strength of lifileucel’s clinical data," explained the analysts. "Secondly, as we’ve anecdotally spoken to potential lifileucel users, we think near-term expectations leave clear room for upward revisions." The analysts concluded that the firm believes Iova is now in a position to finally "realize lifileucel’s opportunity in post-PD-1 melanoma over […]
Star Wars Missed Opportunity Would Fix Franchise’s Most Annoying Problem
Image credit: Legion-Media Since A New Hope first hit the big screen in 1977, Star Wars has been a huge hit. The sheer number of spinoffs is a testament to that – and Disney’s purchase of the rights to the franchise was an indication that there is more to come. So far, there are very few complaints about what Disney has done. And Andor has been a huge success, adding a gritty realness to the show and having genuine appeal for audiences of all ages. As of yet, though, they still haven’t addressed the most annoying problem with the Star Wars franchise – the fact that viewers have been stuck in the same short timeframe for so long. While delving a little deeper into the short-term history of the build-up to the original trilogy is a worthy cause – and has brought some iconic moments to our screens – a movie or show focusing on the old republic would expand the timeline of the franchise and provide an insight into what happened to bring about the situation which we’re now pretty well clued up on. This is partly down to the approach that Disney took when they first acquired […]
DOJ files second antitrust suit against Google, seeks to break up its ad business
In this article GOOGL+2.06 (+2.11%) CEO of Alphabet and Google Sundar Pichai meets Polish Prime Minister at the Chancellery in Warsaw, Poland on March 29, 2022. CEO of Alphabet and Google Sundar Pichai meets Polish Prime Minister at the Chancellery in Warsaw, Poland on March 29, 2022. Mateusz Wlodarczyk | Nurphoto | Getty Images The U.S. Justice Department on Tuesday filed its second antitrust lawsuit against Google in just over two years. It’s the latest sign the U.S. government is not backing down from cases against tech companies even in light of a mixed record in court on antitrust suits. Google shares were down 1.3% on Tuesday afternoon. This lawsuit, which is focused on Google’s online advertising business and seeks to make Google divest parts of the business, is the first against the company filed under the Biden administration. The department’s earlier lawsuit , filed in October 2020 under the Trump administration, accused Google of using its alleged monopoly power to cut off competition for internet search through exclusionary agreements. That case is expected to go to trial in September . Google’s advertising business generated $54.5 billion in the quarter ended Sept. 30 from Search, YouTube, Google Network ads […]
DOJ Sues Google, Seeking to Break Up Online Advertising Business
The Department of Justice filed a lawsuit against Google, accusing the tech giant of anticompetitive behaviors that ‘severely weaken, if not destroy competition in the ad tech industry.’ A Google spokesman said the lawsuit ‘attempts to pick winners and losers.’ Photo: Al Drago/Bloomberg News The Justice Department is seeking the breakup of Google’s business brokering digital advertising across much of the internet, a major expansion of the legal challenges the company faces to its business in the U.S. and abroad . A lawsuit filed Tuesday, the Justice Department’s second against the Alphabet Inc. GOOG 1.90% unit following one filed in 2020, alleges that Google abuses its role as one of the largest brokers, suppliers and online auctioneers of ads placed on websites and mobile applications. The filing promises a protracted court battle with wide-ranging implications for the digital-advertising industry. Continue reading your article with a WSJ membership
Sports Titan Pte Ltd is Partnering Up with HokuApps to Re-Engineer its Business Workflows and Processes to Drive Digital Transformation in a Post-Pandemic World
Together they have built a fully integrated sports and wellness enterprise mobility solution that will help streamline business operations, improve coach and trainee management and boosts sales and revenue as a whole. SINGAPORE, Jan. 27, 2023 /PRNewswire/ — HokuApps , a global player in the next-generation enterprise mobility solutions, is pleased to announce that they are selected as the preferred technology partner by Sports Titan Pte Ltd , a newly established sports and wellness company in Singapore that curates and brings together quality sports packages, qualified coaches, accessible facilities and sports equipment at affordable prices for sports fanatics, from enthusiastic beginners to passionate professionals. Post-pandemic, Sports Titan saw the opportunity to create a one-stop marketplace to promote sports learning and cultivate healthy lifestyle. Sports Titan aims to re-invent customer experience and build core capabilities for a fast- changing environment. Therefore, it was imperative for them to adopt digital technology to improve customer experience and form better customer relationships. Leveraging on the HokuApps-powered low code digital transformation platform, Sports Titan will build a mobility solution that makes it easy for consumers (or players) to access and compare a suite of quality sports programs, qualified coaches and accessible facilities. The enterprise […]
ServiceNow Reports Growth as Digital Transformation Demand Continues
News ServiceNow logo on a smartphone screen ServiceNow sees demand for converged IT operations and service management capabilities as enterprises focus on the tools that matter. Digital workflow vendor ServiceNow is continuing to grow even as fears of recession and inflation put pressure on IT budgets. ServiceNow reported its fourth quarter and full-year fiscal 2022 financial results on Jan. 25. For the quarter, ServiceNow’s revenue came in at $1.9 billion for a 20% year-over-year gain. Looking at the full-year picture, revenue was reported at $7.2 billion for a 23% gain over fiscal 2021. ServiceNow is perhaps best known as an IT service management (ITSM) platform vendor, though the company has expanded its portfolio in recent years to reach into IT operations management (ITOM), development, observability, and workplace management. In November 2022, ServiceNow announced a series of new capabilities including workplace scenario planning and automated service suggestions for IT operations. The Now Platform , which is ServiceNow’s flagship offering, had its Tokyo milestone update in September 2022, bringing new enterprise asset, supplier, and environmental management capabilities. The suite of capabilities that ServiceNow provides is ideally positioned to help organizations in the current economic environment, according to CEO Bill McDermott. During […]
Vontier Appoints David M. Foulkes to Board of Directors
RALEIGH, N.C.–(BUSINESS WIRE)–Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to the mobility ecosystem, today announced the appointment of David M. Foulkes, to Vontier’s Board of Directors, effective March 1, 2023. “We are extremely pleased to welcome David to our Board,” said Karen Francis, Chair of the Board of Directors at Vontier. “David is a proven leader with a passion for innovation and demonstrated expertise in digital transformation. He brings extensive experience in industrial technology, a global perspective and a deep understanding of global manufacturing. I am confident he will make a significant contribution to our Board and the Company.” Mr. Foulkes has served as Chief Executive Officer and Director for Brunswick Corporation (“Brunswick”) since January 2019. Prior to his role as CEO, Mr. Foulkes served as Brunswick’s Chief Technology Officer and President, Brunswick Marine Consumer Solutions as well as head of product development at Mercury Marine. Prior to joining Brunswick, Mr. Foulkes spent 18 years with Ford Motor Company in a series of assignments of progressing responsibilities. Mr. Foulkes holds a Master’s degree in Structural and Fluid Mechanics and a Bachelor of Science in Aeronautics from Imperial College London. “I look forward to […]
Major Global System Integrators (GSIs) – Trends & Insights
Rajat Kohli, Partner, Zinnov; Atul Srivastava, Engagement Manager, Zinnov; Swapnil Keshri, Project Lead, Zinnov Digital transformation and customer experience enhancement have been on the priority list of enterprises globally for some time now. For which, enterprises are either looking to reassess existing systems or are in the process of replacing their legacy IT systems altogether. The push to bring in the change has compelled enterprises to focus on Outsourced and Managed services, Application/Solution Deployment, Consulting, and Advisory services – this has translated into a massive opportunity for Global System Integrators . What are Global System Integrators? GSIs play a critical role in every technology-driven business. It has enabled enterprise digital transformation , by helping transition into digital technologies, processes, and smart ways of working. These providers offer a wide range of services such as Consulting, Design, Implementation, and Management of digital solutions. In essence, GSIs are actively working with global enterprises to understand respective business goals and needs, and design and implement technology solutions like Data & AI, Cloud, Metaverse , Blockchain , Cybersecurity, etc. that support the objectives. In this report, “Major Global System Integrators (GSIs) – Trends & Insights,” we have analyzed the multiple facets of GSIs […]