Welcome to 2015! As is always the case at this time of year, the trends experts and prognosticators are out in full force, offering predictions for the coming year.
While experts may not see eye-to-eye on every detail, a common thread appears throughout the chatter.
If Prince Hamlet were to stroll the aisles of his local grocery store, he very well might have a new thought to ponder: To change or not to change, that is the question.
But actually, in today's retail environment, it's not really a question.
About three months after it experienced a data breach that compromised 40 million credit/debit card accounts and 70 million customer records, Target announced it would bring in an outsider as CEO for the first time in history.
Private equity money has long nibbled around the edges of the grocery retailing market. But it generally has not attracted the investors and big deals that seem to proliferate in high-margin growth industries like technology and e-commerce businesses.
But that has changed.
Food retail executives are being held accountable for million-dollar pay packages. Shareholders and lawmakers have ushered in compensation tied to performance.
Two components of the Dodd–Frank Wall Street Reform and Consumer Protection Act affect c-suite compensation.
When a customer gets about halfway through the Trader Joe's grocery in Oak Park, Ill., she probably makes a pit stop at the sample station, where a friendly staffer has prepared a simple recipe and is answering shopper questions. Is this marketing?
The FDA Food Safety Modernization Act (FSMA) was designed to improve and modernize the country's food safety system and provide the U.S. Food and Drug Administration (FDA) with the necessary tools and authority to protect our food supply.
Today, there seems to be an app for nearly everything
you could ever want. Designed to make life easier,
there are even apps for things you didn't know you needed like daily horoscopes. According to Nielsen, the average consumer uses about 27 apps per month.
January 6 brings the start of a new Congress and a new team in charge of the United States Senate and the largest Republican majority that has existed in the House of Representatives since 1928.
What should we expect?
The goal of this group is to repeal the label of their predecessors as the "Do