Russ Torres was recently promoted to president and chief operating officer to help lead this transformation, according to the company's latest earnings call. He was previously the group vice president ...

It was (yet again) a year of common, often unifying themes for the 2022 Top 100 Consumer Goods Companies. Incorporating information from the financial results of publicly owned consumer goods ...

But optimizing for these systems isn’t as simple as it appears, says Jason Goldberg, chief commerce strategy officer at Publicis Groupe. “Answer engines are probabilistic rather than deterministic — ...

Walmart is further expanding its use of artificial intelligence through a partnership with OpenAI that will bring conversational commerce directly into its ecosystem. The collaboration will allow ...

The companies will form a strategic committee to navigate the 50/50 joint venture, which will also explore further business opportunities in the wellness space that look to blend "L’Oréal’s innovation ...

Over the last several years, General Mills has launched a variety of use cases built on its cloud- and data-enabled infrastructure. Project Elf: An end-to-end logistics flow that uses generative and ...

In this episode of Expert Exchange, Tom Gregorchik at Blue Yonder talks about how AI is unlocking hidden savings in consumer goods supply chains.

To move from experimentation to execution, retailers need to navigate three key dimensions: architecture and systems, organizational readiness, and governance and trust. 1. Build the right ...

"As the brand enters a new chapter, we believe that its continued growth and success will be best supported by new ownership better aligned to its evolving needs," she said in a statement. Also: ...

It's the latest step to help scale AI across all of its business operations so Nestlé can free up resources and better respond to shifts in consumer trends and retailer needs. Anna Manz, CFO, said the ...

These infrastructure upgrades will help support a portfolio revamp that leans more heavily on functional and protein-rich foods and beverages in support of growing trends such as an increased use of ...

Navratil alluded to potential SKU trimming as well as labor cutbacks and leadership shifts as part of the cost-savings plan. If a business does not meet the criteria for growth, Nestlé will consider ...