News

The Coca-Cola Company is focusing on the positive following third quarter results for the period ended Sept. 27. The company experienced continued global value share gains in total nonalcoholic ready-to-drink (NARTD) beverages for the 25th consecutive quarter.

The company also reported worldwide volume growth of 2% in the third quarter against the backdrop of increasing volatility in several emerging markets. Coca-Cola Americas grew volume 1% in the quarter, with North America volume up 2% and Latin America volume flat in the quarter.

Jon Abolins, senior tax director at Avalara
 

Chicago -- Consumers value the retail store experience on multiple levels and continue to make the vast majority of their purchases in stores, according to a new study from global management consulting firm A.T. Kearney. The report found that the physical store is the channel of choice across all ages (from Millennial to senior citizens) and household income levels (from less than $25,000 per year to more than $100,000 per year).

Los Angeles -- Faced with an uncertain economic and political environment and the first government shutdown in nearly two decades, Americans are expected to tighten their holiday budgets this year, beginning with Halloween, according to market research firm IBISWorld. Total spending on the holiday is anticipated to grow only 3% to $7.63 billion in 2013, compared to a strong 17.8% increase in 2012.
 

Matthews, N.C. -- Family Dollar has elevated Jason Reiser to the position of senior VP/lead merchandising officer at Family Dollar, according to an internal memo from company president and COO Mike Bloom.

San Francsico -- iPad POS technology provider Revel Systems will offer PayPal’s mobile payment capabilities as an integrated service within the Revel POS solution.

PayPal’s mobile app, available for iOS and Android, is now directly connected with Revel Systems, allowing users to order ahead at any establishment using Revel’s iPad POS solution. Specific features of the new integration include mobile discovery of nearby businesses accepting PayPal, advance ordering, and PCI-compliant payment security.

New York -- Management consulting firm Kurt Salmon appointed Deanna Emsley as a partner in the firm’s retail and consumer products Group.

Prior to joining Kurt Salmon, Emsley was senior VP of inventory management and corporate strategy for women's clothing and accessories retailer Coldwater Creek, where she was responsible for sales, margin and inventory plans for all channels.

SAP demonstrated a concept consumer app called “Snap” at its recent Retail Forum in Dallas. Snap provides customers with interactive 3-D assembly instructions for a vast array of products. The instructions are pulled from manufacturer CAD files and delivered via cloud after the customer scans a product barcode or QR code, with options such as zoom and audio. Snap even lets shoppers register products for warranties and automatically request replacement parts.

New York -- E-commerce and payments fraud remains high on the agenda for consumer-facing organizations, according to a recent Deloitte online poll. Nearly half (47%) of executives and managers reported that fraud protection ranks as a "high priority" for their organization, and a further 8% cited this as their organization's number one priority.

New York -- Barnes & Noble, Inc. debuts a new bookstore on Oct. 16 at The Fountains at Farah in El Paso, Texas. Concurrently, the existing Eastside store will close.