CPG

Emerging Markets Report: Unstoppable

Retrieved on: 
Thursday, March 30, 2023

ORLANDO, Fla., March 30, 2023 (GLOBE NEWSWIRE) -- Recently, we reported that GoLogiq, Inc. (“GoLogiq”) (OTC: GOLQ), a global provider of mobile fintech solutions for digital transformation and consumer data analytics, teamed up with GammaRey, a privately-held fintech ecosystem for the New World Digital Economy, in a merger valued at $320 million based on per share pricing of $3.00, and that the company was moving fast and already focusing on what is next.

Key Points: 
  • Well, we will tell you what is next: A proposed agreement to acquire the Institutional Investment Advisory Firm, CPG Research & Advisory in a $15 million merger.
  • Here is what CPG Research & Advisory would bring to GoLogiq if there is a successful merger:
    30 years of investment research and advisory experience for major institutions.
  • Advanced research and advice capabilities powered by sophisticated research technology that is complementary to GoLogiq’s expanding Fintech platform.
  • CPG is headquartered in Sydney but services clients across Australia as well as in Bahrain and New Zealand.

PDI and GasBuddy Release New "Tracking Convenience Report: From the Pump to the C-Store"

Retrieved on: 
Thursday, March 30, 2023

ATLANTA, March 30, 2023 /PRNewswire/ -- PDI Technologies, a global leader delivering powerful solutions and insights that serve as the backbone of the convenience retail and petroleum wholesale ecosystem, today released its latest foot traffic report, "Tracking Convenience Report: From the Pump to the C-Store," an analysis of key findings in the convenience retail and fuel market.

Key Points: 
  • The data reflect on evolving consumer behaviors in the store and at the pump—including how each part of the convenience experience plays a crucial role in creating a holistic customer experience.
  • "For convenience store retailers, understanding how and why consumer behavior is continually evolving is vital to keeping a business afloat," says Patrick De Haan, Head of Petroleum Analysis at GasBuddy.
  • "Interestingly enough, it's a common assumption that almost everything about consumer behavior has changed in the past few years.
  • "Analyzing how fuel prices influence in-store trips and consumer shopping habits can help convenience store operators make more meaningful engagements with their customers."

New Study Finds Consumer Sentiment Toward Monosodium Glutamate (MSG) is Shifting

Retrieved on: 
Wednesday, March 29, 2023

ITASCA, Ill., March 29, 2023 /PRNewswire/ -- A recent research report, Ingredient Watch: Debunking MSG from Mintel,1 the world's leading market intelligence agency, finds that consumers now view monosodium glutamate (MSG) positively, despite historical misconceptions about MSG rooted in xenophobia. In addition to showing that 75% of the global social media conversation about MSG is positive between 2018-2023,2 the report posits that companies that strive to destigmatize the ingredient will be seen favorably by consumers – unlocking a powerful opportunity for food companies. 

Key Points: 
  • In 2020, Merriam-Webster revised its definition of the problematic term "Chinese Restaurant Syndrome" after the Ajinomoto Group and other advocates exposed its racist undertones in relation to MSG.
  • I used social listening data to highlight the difference in consumer perception across regions and how it changed over time.
  • According to Mintel research, 64% of American consumers said they have or would boycott if a company reinforced racial stereotypes.
  • The report acknowledges work still to be done, especially in Western countries where misperceptions about the safety of MSG persist.

Catalina Reaches Agreement to Sell Japanese Subsidiary and Restructure Balance Sheet to Accelerate Investments in Strategic Growth Areas

Retrieved on: 
Wednesday, March 29, 2023

ST. PETERSBURG, Fla., March 28, 2023 /PRNewswire/ -- Catalina, a market leader in shopper intelligence, today announced that it has reached a definitive agreement to sell its Japanese entity, Catalina Marketing Japan K.K., to Yosemite 2 K.K., which is an equity funded entity of D Capital, Inc. 

Key Points: 
  • The targeted balance sheet restructuring provided for in the RSA is a common path forward when a company with strong core business viability and ongoing growth potential is working to strengthen its balance sheet.
  • Together, these actions will strengthen Catalina's balance sheet and enable accelerated investments in strategic growth areas.
  • Post-transaction, the Japanese operations will be operated independently as a wholly-owned subsidiary of Yosemite 2 K.K.
  • "These actions will position Catalina for success with a stronger balance sheet and greater operational and financial flexibility to accelerate investments in strategic growth areas," said Wayne Powers, President and Chief Executive Officer of Catalina.

GoLogiq to Acquire Boutique Investment Manager, Bateau Asset Management, Providing Entry to Southeast Asian Fund Management Market

Retrieved on: 
Tuesday, March 28, 2023

NEW YORK, March 28, 2023 (GLOBE NEWSWIRE) -- GoLogiq, Inc. (OTC:GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has entered into a non-binding letter of intent to acquire a controlling interest in Australia-based Bateau Asset Management, a boutique global investment manager.

Key Points: 
  • Bateau Asset Management brings to GoLogiq:
    Well-established global client base of high-net-worth individuals, family offices, non-profit organizations and other institutional clients.
  • NEW YORK, March 28, 2023 (GLOBE NEWSWIRE) -- GoLogiq, Inc. (OTC:GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has entered into a non-binding letter of intent to acquire a controlling interest in Australia-based Bateau Asset Management , a boutique global investment manager.
  • Since 2016, Bateau has offered an absolute-return investment philosophy delivered by a multi-manager approach to investing.
  • Services include investment research and education with the objective of providing clients rigorously constructed, absolute return portfolios that they can understand.

Thrive Market Partners with rePurpose Global to Fight Plastic Pollution

Retrieved on: 
Tuesday, March 28, 2023

This action on plastic waste ladders up to Thrive Market’s brand vision to become the world’s first climate positive grocer.

Key Points: 
  • This action on plastic waste ladders up to Thrive Market’s brand vision to become the world’s first climate positive grocer.
  • Through this partnership, Thrive Market is supporting rePurpose Global’s  removal efforts of more than 680,000 pounds of plastic waste otherwise bound for nature by the end of 2023.
  • As a prominent player in CPG, Thrive Market acknowledges the serious threat that plastic pollution poses to the future of our planet.
  • "We are excited to announce our partnership with Thrive Market and further power their inspiring work in tackling the global plastic pollution crisis.

LiveRamp and DG Media Network Unlock Access to Millions of Rural Consumers for CPG Advertisers

Retrieved on: 
Tuesday, March 28, 2023

LiveRamp (NYSE: RAMP), the leading data collaboration platform, today announced the results of a campaign with DG Media Network (DGMN) to close the digital gap between CPG brands and rural communities.

Key Points: 
  • LiveRamp (NYSE: RAMP), the leading data collaboration platform, today announced the results of a campaign with DG Media Network (DGMN) to close the digital gap between CPG brands and rural communities.
  • By advancing its data collaboration capabilities through LiveRamp, DGMN can improve customer experiences by connecting rural customer journeys in-store and online, strengthen partnerships with advertisers with enhanced analytics and measurement, and improve ROI of advertising spend.
  • Read the full case study at: Dollar General's Media Network Enables CPG's and Suppliers to Connect with Communities in Rural America .
  • With 46 million Americans living in remote places where internet access is scattered, brands and retailers are challenged in providing rural consumers with an omnichannel customer experience.

SKUx Raises $11 Million Series A

Retrieved on: 
Tuesday, March 28, 2023

SKUx , an innovative payments technology and consumer engagement platform, announced it has raised $11 million in Series A funding.

Key Points: 
  • SKUx , an innovative payments technology and consumer engagement platform, announced it has raised $11 million in Series A funding.
  • This new capital positions the company to scale its current product offerings as SKUx continues its implementations with industry leading, global organizations spanning retail, consumer packaged goods, payments, and healthcare.
  • SKUx is transforming how consumer payments and incentives are delivered, redeemed, settled, and reported with its patented SKUPay™ technology.
  • “We are particularly pleased to have introduced Board of Advisors Member Trisha Asgeirsson to SKUx to help drive the go-to-market for SKUPay™.

Packaging Machinery Global Market Report 2023: Sector to Reach $54.43 Billion by 2027 at a CAGR of 5.7% - ResearchAndMarkets.com

Retrieved on: 
Monday, March 27, 2023

The "Packaging Machinery Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Packaging Machinery Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
  • The regions covered in the packaging machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
  • The increasing demand for packaged food and beverages is expected to propel the growth of the packaging machinery market going forward.
  • Therefore, the increasing demand for packaged food and beverages is driving the growth of the packaging machinery market.

Melodea's New Solution for Plastic Pollution

Retrieved on: 
Monday, March 27, 2023

REHOVOT, Israel , March 27, 2023 /PRNewswire/ -- Green-tech company Melodea, Ltd., producer of sustainable barrier coatings for packaging, launches VBseal™, its new sustainable packaging solution to cut back plastic waste in consumer-packaged goods. The green coating solution is resistant to water vapor, oil, aroma and has heat-sealing properties. To further these efforts, the company has opened a pilot plant and innovation center, allowing it to serve its customers as well as to demonstrate the new solution. The new site will also test out existing barrier coating products and produce coated reels and pouches at pilot scale.

Key Points: 
  • The green coating solution is resistant to water vapor, oil, aroma and has heat-sealing properties.
  • The amount of plastic used around the world—with most ending up in landfills—could almost double by 2050 unless urgent action is taken, according to a new study[1].
  • According to the report, a global ban on unnecessary single-use plastic (SUP) items will be the most effective policy.
  • In March 2022, 175 nations agreed to work together on a United Nations treaty to tackle plastic pollution, and it is expected to be in place by the end of 2024.