Collaboration, innovation, transparency.
Discover the key challenges addressed
within the Trace One Network.
Growth, regulatory compliance, cost control.
The Trace One Network delivers
concrete benefits for all stakeholders, whether
retailers or manufacturers.
Associations, solutions and technology partners.
Discover the contributors
to the Trace One Network.
A collaborative retail business network, enhancing communication so companies can create innovative products, boost efficiency and delight consumers.
a collaborative solution
that covers all stages
of the product lifecycle.
Trace One Insight removes data silos, improving efficiencies, time to market and business performance.
At the moment, news on whether the recession is easing off is mixed. In December the Office of National Statistics showed an increase in retail sales of 5.3% against the equivalent figures for 2012, the fastest increase in sales in over 9 years. However, February showed a 1% drop against 2013’s figures: showing that we may not be out of the woods yet. The simple fact is that a changing populace, the rise of online shopping, increases in property prices and the continued growth of out-of-town superstores are all combining to pressure retailers. Notable casualties have already included Tie Rack and Blockbuster. In order to survive, and adapt to this brave new world, retailers and suppliers need two things: knowledge of what consumers want and need; and the ability to collaborate and actually provide it.
Last year, Halloween delivered £325m in sales in the UK and $6.9 billion in sales in the US – retailers and suppliers will be keen to exploit the period’s growing potential this month. There are a number of important steps that retailers and manufacturers can take during Halloween to innovate in private label products, engage with consumers, and make the most of this multi-million pound opportunity.
Consumers are now demanding more information than ever. The growth of the internet and the spread of mobile devices mean that information on almost any subject is at our fingertips. This is revolutionising the way that people work, play and shop. we are entering an “Age of Disruption,” where retailers that deliver a customised experience to consumers across all devices will be the most successful.
The last week of June saw the arrival of The Consumer Goods Forum Global Summit in New York, where Trace One was in attendance along with some of the biggest names in the food and drink industry. One of the main themes discussed was the importance of consumer trust within the industry, and why retailers...