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DataWeave’s New U.S. Apparel Report Analyzes 40,000+ SKUs: Pricing, Discounting, and Availability Changing in Inflationary Times

DataWeave

Stock Availability for Premium products averaged 80%—higher than for regular products Discounting rose sharply from July 2022 to January 2023 Regular prices dropped across most retailers during this period DataWeave, a leading provider of Competitive Intelligence and Digital Shelf Analytics for consumer brands and retailers globally, recently released a new report, US Apparel eCommerce: Pricing and Stock Availability Trends on the Backdrop of Inflation. The report provides a data-rich overview of the fashion and apparel market, with pricing changes, stock availability, and discounting tracked across top retailers and brands. Across more than 40,000 leading fashion apparel SKUs between July 2022 and January 2023, DataWeave analyzes price changes, discounting, and product availability across top retailers in light of post-pandemic market dynamics and an inflationary environment. DataWeave’s US Apparel eCommerce industry report 2023 looks at the impact of inflation on pricing in apparel, tracking consistent price drops across five major retailers over the past few months (with slight prices increases across two more). Analysis on pricing and availability of fashion apparel provides insight into broader trends during economic downturns or inflationary periods. “Apparel is seen as a discretionary spend, and as consumers feel the pinch of inflation, many are likely to cut down on their apparel purchases.,” said Karthik Bettadapura, CEO of DataWeave. “Amid this, our analysis identifies a trend of reducing prices across retailers and brands. This is also a sign that inventory has caught up with and overtaken demand.” The US Apparel eCommerce report analyzes product availability in the last six months, and finds that across most retailers, it has risen and leveled out during this period. It goes on to compare stock availability of premium versus regular products. The report also includes a section on the complexities of product matching in apparel and how retailers can use this to improve their competitive price positioning. “Pricing competitively is an important area of focus not only for retailers but also for brand manufacturers who sell on marketplaces,” said Krish Thyagarajan, President and COO of DataWeave. “With the price-conscious consumer market we’re experiencing, this includes keeping an eye on their online presence and benchmarking their discounting and pricing against competitors across all their products. Our US Apparel eCommerce report provides retailers and brands with a view into the current state of online apparel retail, as inflation continues to inform pricing decisions, and stock availability has rebounded after months of pandemic-driven supply chain challenges.” # # # Report Methodology To reach its findings, DataWeave tracked the data of 40,000+ leading fashion apparel SKUs to analyze stock availability and discounts. The timeline of the analysis spans July 2022 to January 2023, capturing the state of the market as the economy moved from a supply-rich post-pandemic environment to a belt-tightening inflationary one. DataWeave is a SaaS-based digital commerce analytics platform that provides competitive intelligence to retailers and digital shelf analytics to consumer brands globally. With DataWeave, retailers can make smarter pricing and merchandising decisions while consumer brands can optimize their digital shelf for KPIs like share of search, content quality, price competitiveness, and stock availability. DataWeave’s AI-powered proprietary technology aggregates and delivers actionable eCommerce insights across 500+ billion data points globally, 400,000 brands, 1,500+ websites, 20+ verticals, and 25+ languages. Learn more at DataWeave.com. Contact Details Meir Kahtan Public Relations, LLC (MKPR) Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://dataweave.com

April 18, 2023 11:00 AM Eastern Daylight Time

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FEC Complaint Calls Out AOC’s Credit Card Spending Spree

Coolidge Reagan Foundation

[Washington, DC] [April 18, 2023] – Government Ethics watchdog, the Coolidge Reagan Foundation, announced it has filed a formal Federal Election Commission (FEC) complaint against New York Congresswoman Alexandria Ocasio-Cortez (AOC). The Complaint, filed by Dan Backer on behalf of the Foundation, details repeated, blatant violations of federal campaign finance law by AOC and her campaign in concealed how it spent thousands of dollars of campaign funds. Backer and the Coolidge Reagan Foundation have a long history of winning FEC battles, including a $15,000 fine levied against Bernie Sanders’ campaign and an historic 6-figure fine against Hillary for America and the Democratic National Committee for lying about their funding of the Russia hoax. The Complaint filed on Monday states in part, “…On numerous occasions throughout 2022, AOC for Congress reported tens of thousands of dollars of disbursements for card payments and card payment reimbursements to Congresswoman Ocasio-Cortez herself; American Express; and an entity called “Veyond!,” which appears to have provided virtual reality services and apparently no longer operates under that name. In each case, the reports do not fully disclose the purposes of each payment for which the charge card was used…” The Complaint describes how campaigns are permitted to use charge cards (or reimburse candidates for use of their personal charge cards) for otherwise permissible campaign-related expenses, however, disclosure reports must accurately identify both the recipient of those funds, as well as each of the campaign-related goods and services purchased. “Without disclosing her credit card spending spree, it is impossible to determine if AOC is illegally using campaign funds to pay personal expenses,” explained Dan Backer. “Not only is the public entitled to that information, but without such disclosure, who knows what AOC and her campaign are hiding?” “For someone who harangues former President Trump on what amounts to trumped-up campaign finance allegations, it seems AOC should look in the mirror,” Backer continued. ### Please visit: https://www.coolidgereagan.org/. For more information or to schedule an interview with a CFR spokesperson, contact Dan Rene at 202-329-8357 or danrenejr@gmail.com. Contact Details Coolidge Reagan Foundation Dan Rene +1 202-329-8357 danrenejr@gmail.com Company Website https://www.coolidgereagan.org/

April 18, 2023 11:00 AM Eastern Daylight Time

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NCMA Welcomes New Board Members to Advance the Contract Management Profession

National Contract Management Association

The National Contract Management Association (NCMA), a professional association and standards setter for contract management professionals, announced the addition of six new members to its Board of Directors. Karla Smith Jackson, Wes Bennett, Timothy Applegate, Steve Woo, David Cade, and Iris Cooper have joined the board to provide their unique expertise and insights in NCMA's strategic efforts. "We are pleased to welcome Karla, Wes, Timothy, Steve, and David to the NCMA Board of Directors," said NCMA Program Year 2024 President, Denyce Carter. “I’m also happy to report that Iris is serving a second term on the Board. As we continue to advance the contract management profession and its connection with other acquisition related communities through advocacy, standards, and professional development, each of these individuals brings a wealth of experience, knowledge, and leadership to the organization. We are excited to have them on board to help us further our mission." With over 30 years of experience in federal contracting, Karla Smith Jackson, the Senior Procurement Executive, Deputy Chief Acquisition Officer and Assistant Administrator for Procurement at NASA, brings a wealth of knowledge and expertise to the board. Her impressive background in program management, acquisition, and contract planning, as well as her senior leadership roles in various government agencies, make her a valuable asset to the board. Wes Bennett is the Senior Director - Strategic Azure Gov't Cloud Contracts at Microsoft, where he provides executive-level advice on business strategy for Department of Defense and intelligence community specific opportunities for Azure Government Cloud products and solutions. With his expertise in both the defense industry and federal government, including his former role as DARPA’s Senior Procurement Executive, Mr. Bennett will be a valuable addition to the board. As a Senior Executive Service member and Director of the Acquisition Management and Integration Center, Timothy Applegate, CPCM, has experience in cradle-to-grave acquisition, program management, and operations of weapon systems in support of various multi-functional programs. With over 35 years of acquisition and contracting expertise and a Defense Acquisition Workforce Improvement Act Level III certification in Contracting, Mr. Applegate brings a wealth of knowledge to the board, particularly in the areas of strategic planning and program management. Steve Woo, CPCM, CFCM Fellow, currently leads a buying group at Jet Propulsion Laboratory managing $1.2B in subcontracts supporting NASA’s Deep Space Network facilities worldwide. Prior to his current position, he managed the Non-Flight Research & Develop group whose team established contracts with Sandia National Laboratories and other Federally Funded Research and Development Centers (FFRDC). Mr. Woo’s leadership in the NCMA and his expertise in managing large-scale contracts make him a valuable addition to the board. David Cade is currently Vice President of U.S. Government Services Business Transformation for The Boeing Company. He is responsible for creating a framework for engagement and future contracts with government customers while meeting current business commitments. Mr. Cade brings experience in contracts, compliance, and business transformation to the board. He has a background in law and has served in various leadership roles at The Boeing Company. He is also dedicated to serving a broad spectrum of organizations, including the Boeing focal for Howard University, where he is responsible for development and implementation of a multi-year university strategy aligned with Boeing’s enterprise objectives. Iris Cooper, CPCM, Fellow, former Assistant Secretary for Procurement, Contracts, and Grants at the NC Department of Health and Human Services has been reappointed to the board. With experience in procurement and contracting, she brings a wealth of knowledge in managing contracts and grants across the NCDHHS mission. Her commitment to integrity, transparency, and efficient procurement strategies will be valuable to the board. Ms. Cooper's passion for acquisition transformation and leadership skills will help drive the success of the organization. "NCMA is honored to welcome these new and returning Directors," said NCMA CEO, Kraig Conrad. "Their invaluable experience and perspectives will play a crucial role in our collaboration to explore new avenues for growth.” The NCMA Board of Directors is responsible for setting the strategic direction of the organization, ensuring its financial stability, and overseeing the development and delivery of member services and educational programs. Beginning July 2023, the newly appointed Board will officially assume their duties and convene at NCMA's World Congress event in Nashville, TN. The National Contract Management Association (NCMA), a nonprofit organization founded in 1959 and is the world’s leading association in the field of contract management. With nearly 20,000 members, NCMA is dedicated to promoting excellence in the contract management profession through education, certification, and professional networking opportunities. NCMA strives to serve and inform the profession and industry it represents and to offer opportunities for the open exchange of ideas in neutral forums. To find out more, please visit www.ncmahq.org. Contact Details NCMA Holly DeHesa +1 281-865-3296 holly.dehesa@ncmahq.org Company Website https://www.ncmahq.org/

April 18, 2023 10:00 AM Eastern Daylight Time

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Executive VP & Director of Training Michael Jutt Talks Minuteman As We Celebrate 50 Years of Minuteman Press

Minuteman Press International Inc

As Minuteman Press International celebrates 50 years in business, we are continuing the celebration of our history. Michael Jutt first started with Minuteman Press as a press operator in the original Farmingdale shop in October of 1974, which was the second location that opened after Plainview. At just 19 years-old, Mike was hired by Roy Titus, and the rest is history. When Minuteman Press decided to become a franchise, Mike was promoted to Director of Training; he created the first Minuteman Press training program and became an integral part of the company’s expansion into franchising. Mike remains a huge part of our success today as Minuteman Press International’s Executive VP & Director of Training. How did you first get started with Minuteman Press and the Titus family? Mike Jutt: “I was hired in October of 1974 by Roy Titus. George Holzmacher worked for Roy already and he said I should meet with Roy about a job in Farmingdale. At the time, I was working two jobs, one being in printing, and I wanted to be an attorney. I wasn’t sure I wanted to commute to Farmingdale since I lived and worked in Merrick and was attending Nassau Community College. I went to the Farmingdale shop to meet with Roy. When he arrived, we went outside of the shop, behind the building. Roy and I spoke about what he wanted for the Farmingdale shop, as he was looking to make some changes. He asked me how much I was making. At the time, I was making $110/week at the printing job. Roy offered to match, but I explained the extra gas money and time I’d be spending on the commute. He smiled and then offered me $120/week to get started, and I accepted the offer. That’s how my time with Minuteman Press started, working in the Farmingdale shop that Bob Titus was managing. We worked very hard to get the business up and running, it was fun.” What was it like working in the Farmingdale shop when you first started? Mike Jutt: “I had worked in one other neighborhood quick print shop before Minuteman Press, and I was very impressed my first day of employment when I saw Bob Titus come back to the shop with a marketing assistant. The fact that they were out knocking on doors and direct marketing our printing service was to me very different and unheard of at the time for printers. I asked the other press operator who that was that just walked in, and he said that was Roy’s son Bob. The differences between Minuteman Press and other print shops were a few things. First, I saw that they were actively marketing to build the business. We had a ton of work. Second, the type of equipment that we had – Multi-Graphics equipment – had better capabilities than what other quick printers were using. Third, we also had a huge focus on customer service, shop appearance, and quality work. Another game-changer is when Roy came in one day and handed me a brochure for a new piece of equipment made by 3M, which was a superior plate system to enable multicolor printing. This was the missing piece of what we needed to bring Minuteman Press to the next level. We had the press, we just needed a better plate system that could handle color inks as well as it did black ink. We thoroughly tested the plate system with the press and evaluated the cost. The result was that we now had the perfect package to achieve multicolor printing when other quick printers did mostly single-color or just black. The 3M plate was the ticket.” When Minuteman Press started franchising, what was it like for you creating the first training program? Mike Jutt: “The next major thing that happened was Roy discussing expanding the business and moving into franchising. He promoted the business opportunity and brought interested parties into the Farmingdale location to see what we were doing. The interest was really high from the people that Roy brought in, and years later, Roy told me it was during this time where he really noticed and recognized my abilities as a hardworking young man. At age 20, Roy made me Director of Training, and it was my responsibility to teach the new franchise owners everything about our business.” What do you think are the key reasons for the success of Minuteman Press as the franchise kept growing? Mike Jutt: “I credit the success of Minuteman Press as a franchise to leadership, hard work (long days and long weeks), treating the owners as true partners, caring and supporting our owners, and helping them achieve their success. Roy Titus said you need to treat people like you want to be treated. Roy not only preached it, but he also practiced it, and that was one of the biggest keys of our success as we grew and expanded the company.” What are some of the key aspects of the original training program that remain as core principles today? Mike Jutt: “From the launch of the training department, we have focused and communicated the importance of owners becoming experts in 5 major areas: Customer service Marketing their business Delivering quality products Keeping an incredible top appearance of their business and anything that represents their business Management with an emphasis on financial management Within each of these areas, there is extensive training today covering every detail of what these items actually encompass.” What are some of the key ways that the training program and Minuteman Press have evolved over the years? Mike Jutt: “The biggest areas that we’ve always been at the forefront of are research, development, and technology. Printing technology and enhancements with 3M products in the early days got better and better. With that said, one of the big first big efficiencies was added when our first pricing program was developed. In 1977, a new franchise owner from Dallas, Texas named Cal Baker came to the training program. Cal previously worked for EDS (Electronic Data Systems). He noticed that all of our formulas were mathematically logical and that they could be automated to save hours and hours when pricing jobs. I was intrigued by Mr. Baker’s knowledge and what he was going to do, and after he wrote the software, I told Roy I had to go to Dallas to look at what he created. Roy told me, “Whatever you have to spend to research anything that helps our owners and our company, spend it. If it’s going to help our owners, it’s going to help all of us. So, I went to Dallas and saw that the computer was made by Radio Shack. The original model was called a TRS 80 and it had 16K of memory. The program was stored on a regular cassette and at the time, this was a real game changer. After the trip to Dallas, myself and Dave Scadin enrolled in a programming course offered by Radio Shack and we learned basic programming to enhance and modify what we had. We would never ask our owners to buy equipment such as a computer until we tested it. I contacted the Tandy Corporation in Fort Worth, Texas and convinced them to give us 10 computers as a trial, which we distributed to owners to test at 10 locations. We let the owners test it for 60 days and then they had to either give it back or buy the computer. 100% of the owners purchased the computer and none of us have ever looked back. From that point forward, we continued to invest in software development uniquely written to our policies and production. This protected us from software companies going out of business and gave us long-term advantages that we still benefit from to this day.” Mike continues: “Another key milestone for us was the advent of digital printing. The first Apple Mac computer that came with a printer was released in 1984. Digital printing technology emerged with desktop publishing thanks to companies like Apple, IBM, and HP. For our industry, this was great because we could create various different styles and designs on very economical equipment. It also replaced photo typesetting, which took a lot longer and was a very big investment. We quickly recognized that digital printing would evolve. In the beginning, we also recognized that the two technologies could coexist. Today, approximately 40 years later, that is absolutely what happened. The ability, production, and ease of use of the digital equipment has only made Minuteman Press an even better company. And partnering with our key suppliers Xerox, Konica-Minolta, and Hewlett-Packard has brought us improved productivity and profits.” Is there anything else you’d like to share? Mike Jutt: “Minuteman Press today has evolved to be so much more than what it was when we first started. We have developed and refined systems, policies, procedures, and a company that has a long-standing culture of caring for our owners in 5 countries. And from a personal perspective, with the diversity of products and the need for those products, the opportunity for entrepreneurs is incredible. I personally feel honored to be able to experience the emergence of such a fantastic company, Minuteman Press International.” For more information on Minuteman Press products and services, visit https://minuteman.com. Learn more about #1 rated Minuteman Press franchise opportunities and read Minuteman Press franchise reviews at https://minutemanpressfranchise.com. Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

April 18, 2023 10:00 AM Eastern Daylight Time

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DISTRICT HIRES DOUG BENNETT AS NEW WATER CONSERVATION MANAGER

Washington County Water Conservancy District

The Washington County Water Conservancy District (district) has hired Doug Bennett to serve as Water Conservation Manager. Bennett will oversee the development and implementation of the district's conservation policies and programs. Bennett has more than 28 years' experience in successful water conservation at two western water agencies and broad experience in landscape management in desert climates. Prior to joining the district, he served as the water conservation manager for the Southern Nevada Water Authority in Las Vegas, NV. During his tenure, the Las Vegas region achieved a 48% reduction in per capita water demand. Bennett developed and managed the nation’s largest landscape conversion program, transforming more than 215 million square feet of grass, and the world’s largest professional conference for urban water efficiency, Water Smart Innovations. “Doug is a proven, nationally recognized leader in water conservation,” said Zach Renstrom, district general manager. “His extensive experience and vision will elevate our water conservation efforts to the next level. We’re thrilled he’s joined our team.” Bennett has received more than a dozen conservation awards, including the Water Star Lifetime Achievement Award from the Alliance for Water Efficiency. He has worked on projects for the Water Reuse Foundation, the Water Research Foundation, the US EPA WaterSense Program, the US Green Building Council and the American Water Works Association. He has a bachelor's degree in agriculture and a master’s degree in business management from New Mexico State University. About Washington County Water Conservancy District The Washington County Water Conservancy District is a not-for-profit public agency that oversees water resources in Washington County, UT. The county has already reduced its per capita water use more than 30% since 2000 – the greatest reduction in water use in Utah – and has passed Utah’s most restrictive water ordinances for new development to achieve additional savings. Visit wcwcd.org for more information. Contact Details Washington County Water Conservancy District Karry Rathje, Communications & Govt Affairs Manager +1 435-673-3617 karry@wcwcd.org Company Website https://www.wcwcd.org/

April 18, 2023 07:55 AM Mountain Daylight Time

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Shareholders Asked to Vote for Reduced Power for Chairman/CEO of ‘Woke-A-Cola’

National Legal & Policy Center

The annual meeting for The Coca-Cola Company is next Tuesday, April 25, and shareholders will be asked to vote on a proposal that would increase accountability for the company’s Chairman and CEO, James Quincey. National Legal and Policy Center is sponsoring Proposal No. 8 on the company’s proxy statement, which requests the Board of Directors to require the two powerful roles now occupied by Quincey to be split between two individuals. NLPC argues that Quincey has inappropriately engaged the company in multiple divisive political issues that are not in the fiduciary interest of Coca-Cola or its shareholders. As an investor in the company, NLPC has filed a report to the Securities and Exchange Commission that explains its rationale for appointing an equally authoritative counterpart to keep Quincey’s left-leaning political excursions in check. “James Quincey, invoking the name of ‘Coca-Cola,’ has repeatedly weighed in on issues like opposing the Georgia election integrity law and in support of Black Lives Matter, pointing out the alleged racial sins of America,” said Paul Chesser, director of the Corporate Integrity Project for NLPC. “His careless rhetoric only harmed the company’s reputation, since 2022 voter turnout in the Peach State elections was extremely high. Meanwhile, Quincey has highlighted Coca-Cola’s hypocrisy by doing extensive business in China, while saying nothing about the communist government’s genocide and enslavement practices.” In its report to the SEC, NLPC points out several examples of Quincey’s leadership failures, including: entering Coca-Cola in a multi-company effort as co-signer of a letter that opposed plans by the Department of Health and Human Services in 2018 to restore definitions of “sex” to remove the term “identity,” for the purposes of Title IX enforcement of gender discrimination in civil rights law; signing the Company’s name to a 2019 letter in support of the so-called “Equality Act,” which would have added “sexual orientation” and “gender identity” to “race, color, religion, sex, or national origin” discrimination protections in the Civil Rights Act of 1964 – which would have squashed almost all other rights and freedoms Americans possess, including speech, association, privacy, and property rights; held mandatory “anti-racist” training in 2021 that instructed employees to try to “be less white,” which included recommendations to “be less oppressive, be less arrogant, be less certain, be less defensive, be less ignorant, be more humble, listen, believe, break with apathy, (and) break with white solidarity;” providing $2.5 million in grants for left-leaning organizations that included $500,000 to the Black Lives Matter Global Network Foundation, a deeply racist, anti-law enforcement organization that spent millions of dollars in corporate donations to enrich its leaders and their family members, and purchased several multi-million dollar mansions for personal use; engaged Coca-Cola in a multi-company letter-writing campaign to urge a “permanent legislative solution to enable (illegal immigration) ‘Dreamers’ who are currently living, working, and contributing to our communities to continue doing so” – a policy many Americans characterize as “amnesty;” opposed the “Heartbeat Bill” when it passed the Georgia Senate in 2019, signing a letter of objection with other businesses. The bill prohibited abortions once a fetal heartbeat is detected, with exceptions for cases that involve rape, incest, and saving the life of the mother. NLPC’s report to the SEC also notes that since Quincey immersed Coca-Cola in controversial political issues, the company’s stock performance has lagged behind its chief competitors (like PepsiCo), when he should have been focused on his fiduciary priorities. “Coca-Cola, like almost every company that combines the power of chairman and CEO in one person, claims they do so to maximize returns for shareholders,” Chesser said. “But the opposite is usually the case. The board needs a stronger counterpart to put the kibosh on Mr. Quincey’s political activities.” Founded in 1991, NLPC promotes ethics in public life and government accountability through research, investigation, education, and legal action. ### For more information or to schedule an interview with Paul Chesser, contact Dan Rene at 202-329-8357 or drene@nlpc.org. Please visit http://www.nlpc.org. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

April 18, 2023 09:00 AM Eastern Daylight Time

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New Alvarez & Marsal Spring 2023 Consumer Sentiment Report Highlights Impacts of Inflation, Recession Expectations, Newfound Optimism

Alvarez & Marsal Consumer and Retail Group

· Category spend up from fall 2022 for basic needs, experiences, gifts & indulgences · Half of consumers are taking a vacation this spring/summer, up 14% from last year · Consumers believe inflation has yet to peak and majority are preparing for a potential recession Global professional services firm Alvarez & Marsal’s Consumer and Retail Group (A&M CRG) today released its newest consumer report, Consumer Sentiment Survey Spring 2023, which looks at the impacts of inflation and resultant changes in consumer spending over the last year, as well as spending expectations for the coming six-month period. This is the fourth installment of its bi-annual Consumer Sentiment Report, based on a survey of 1,500+ consumers matching the U.S. adult population according to gender, age, ethnicity, region and income. The report covers various changing behaviors in response to personal finances and the state of the economy, including consumers’ shopping priorities by category, concerns over rising prices, vacation plans, and other factors that will affect purchase decisions this spring/summer, and more. “Our objective was to understand how the financial headlines American consumers have been hearing is affecting them in terms of their optimism or lack thereof, their buying patterns and expectations, and their preferred shopping channels,” noted Jonathan Sharp, Managing Director at Alvarez & Marsal’s Consumer and Retail Group, and lead author of the study. “What we found is that the ‘recession is coming’ drumbeat has got through to US consumers and they expect a slowdown in the coming months. That’s all theoretical for now and the reality is that the US consumer is still punching – spending plans are up, inflation-fatigue is being overcome and optimism is back in fashion.” The study found that: · Consumer expectations on things getting better, saving more, having more money, and plans to spend the same or more on basic needs were all up from fall 2022 · Among shopping priorities by category, all non-essential categories were up this season compared to fall 2022 · Vacation spend is up year over year – half of respondents are taking a vacation this spring/summer, and 31% of those taking a vacation plan to travel internationally (+12% y-o-y) · 65% of consumers believe that prices will continue to rise, and two thirds believe the U.S. will be in a recession within the next year “Retailers should capitalize on this optimistic mindset by balancing consumer preferences, managing inventory, and driving traffic in-stores & online” added Jonathan Sharp. “But smart retailers will remain agile should consumer mindsets revert.” To download a pdf of Consumer Sentiment Survey Spring 2023, please visit: https://alvarezandmarsal-crg.com/insight/consumer-sentiment-survey-spring-23/ The Alvarez and Marsal Consumer and Retail Group (CRG) is a management consulting firm that tackles the most complex challenges and advances its clients, people, and communities toward their maximum potential. CRG combines the best of A&M’s broader firm's bias toward action and practicality with deep consumer and retail industry experience. CRG partners with businesses across a wide range of categories including Food & Beverage, Beauty & Personal Care, Grocery, Mass Merchandise, and Apparel & Footwear to drive significant performance improvement. Contact Details David Schneidman dschneidman@alvarezandmarsal.com Company Website https://www.alvarezandmarsal.com/industries/retail/retail

April 18, 2023 08:30 AM Eastern Daylight Time

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Risk Ledger survey of 2500+ suppliers reveals key supply chain cyber security weaknesses

Risk Ledger

Attackers are targeting under-resourced suppliers with weaker defences as a way of disrupting or compromising larger organisations. The notable ransomware attack on a supplier to semiconductor giant Applied Materials is expected to lead to $250m in lost sales. With well over 60% of organisations having suffered a data breach through a third party, this regularly results in regulatory fines, huge data recovery costs and loss of consumer trust. Spotlighting the key security weaknesses in the supply chain ecosystem, cyber security business Risk Ledger is publishing its ‘ State of Cyber Security in the Supply Chain 2023 ’ report on Tuesday, 18th April. The report is based on proprietary data from over 2,500 suppliers that have shared information on their risk posture against over 200 cyber security controls with their customers on the Risk Ledger platform. Based on its findings, it draws attention to the 12 most common weaknesses among suppliers and offers practical recommendations by cyber security experts for improving organisations’ third-party risk management strategies. Some of the major findings revealed in this report include: 17% do not enforce multi-factor authentication (MFA) on all remotely accessible services. MFA is the simplest, most effective way to keep hackers out of your online accounts. However, whilst MFA is simple to implement, it does increase friction for the user and is therefore often provided as an optional setting which needs to be intentionally configured. This often leaves MFA disabled and the accounts vulnerable to unauthorised access through password theft. 23% do not use Privileged Access Management controls to securely manage the use of privileged accounts. Highly privileged accounts are the ultimate target for attackers. With high privileges, an attacker will be able to access more sensitive (and more valuable) data, and modify security detection tools to cover their own tracks. 20% do not use a password manager. People are terrible at remembering passwords, which means employees create insecure passwords like qwerty123. This is not their fault! Businesses need to provide a practical alternative. All three of these weaknesses are common causes of cyber security incidents and a high proportion of third, fourth and fifth party suppliers are not using controls to protect themselves or their customers in these areas. The perhaps biggest problem associated with supply chain cyber attacks is the almost total lack of visibility into the prevailing weaknesses among suppliers. There is a wealth of existing data on the tools hackers use to target companies, and on the effects of such attacks, allowing cyber security professionals to put specific defences in place. There has been a total lack of visibility, however, into the main weaknesses in security postures of suppliers that allow these attacks to be successful in the first place. Risk Ledger’s new report gives this unique insight. Risk Ledger’s CEO, Haydn Brooks commented: “Companies rarely run security assurance against more than 10% of their immediate third-party suppliers, while visibility into the risks existing further down the chain remains almost non-existent. To improve this situation, better data and insights into the most prevalent weaknesses in the wider supplier ecosystem are needed, so that remedial efforts can become more focussed. This is the purpose of our report. We want to share the insights we have obtained from suppliers on the Risk Ledger platform with the wider security community, allowing them to use our findings to benchmark their own suppliers against their peers.” Risk Ledger’s “ The State of Cyber Security in the Supply Chain: Data Insights Report 2023 ” will be available for download on Risk Ledger’s website from Tuesday, 18th April. About Risk Ledger Risk Ledger is an award-winning cyber security start-up that was founded in 2018 by Haydn Brooks and Daniel Saul with a mission to shift the way organisations approach cyber security in the supply chain. Built on the idea of a social network, organisations using Risk Ledger can connect with and continuously monitor their suppliers' risk controls, including security, financial and ESG, and work together through the Risk Ledger platform to remediate any risks. Risk Ledger's client base includes organisations like BAE AI, City of London Police, Telenor, Scottish Rail, the UK Health Security Agency, among many others. Contact Details Risk Ledger Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://riskledger.com/

April 18, 2023 08:22 AM Eastern Daylight Time

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Intellia, the financial analyst cloud unlocking emerging market talent globally, launches AI-powered vetting and project delivery platform

Intellia

Helping agile companies find the best strategy and finance consultants around the world to explore growth opportunities and unblock hurdles, the world’s first managed talent marketplace for finance and strategy analysts, Intellia is today launching an AI-powered vetting and project delivery platform for finance, strategy and public policy powered by talent from frontier markets. Intellia offers on-demand, remote analysts that can be deployed within 24 hours, saving companies 80% on recruiting and advisory budget through its proprietary AI-driven analyst vetting, training and quality control platform. Businesses can hire remote analysts, teams or explore deeper consulting services. Launched in 2020, Intellia has already established operations globally, sourcing thousands of analysts from countries as diverse as Colombia, Pakistan and the United Arab Emirates. Having a presence in different continents allows customers to engage analysts 24 hours a day. Only the top 1% of these analysts are engaged to work with clients. Intellia analysts have gone on to be hired by leading corporates and advisory firms globally. Intellia boasts a 95% client retention rate volunteering to refund its fee pending client satisfaction. Intellia is now set to launch in Riyadh, Saudi Arabia and Lagos, Nigeria next month. Intellia founder and CEO, Saad Raja commented: “Currently, consulting firms take weeks to negotiate exorbitantly high fixed project fees with limited flexibility for businesses. On the other hand, freelancer portals provide relatively low quality, unsupervised services not fit for corporates and the public sector. Intellia is addressing this gap by engaging remote talent from emerging markets which can now participate in higher value roles in finance, strategy and public policy. By sourcing and training analysts from these markets, Intellia is on a mission to transform these countries into knowledge economies.” Intellia has over 150 vetted analysts that are already advising multinational companies with their product launches, analysing new investments for sovereign funds and private equity firms, supporting expansion projects for Michelin star restaurants in Europe, and advising African and Middle Eastern governments on increasing foreign trade inflows. Additionally, over half of Intellia’s analyst workforce is female. Other use cases include value creation plans and portfolio monitoring; investment due diligence and memorandums; economic development policies; pricing strategies; trade, economic policies and strategies; merger and acquisition screening; deal pipeline development; financial modelling; and valuation and analysis. Last year Intellia raised $1.5m from Fatima Gobi Ventures and high-profile technology and finance leaders including global CFOs and former Managing Partners of tier one consulting firms. Saad Raja added: “Intellia is bridging the gap between finance education and what the industry demands. Our platform vets and trains analysts on exactly what clients need”. About Intellia Intellia is the world’s first managed talent marketplace for finance and strategy. Its AI-driven analyst vetting, project delivery and quality control platform helps customers engage analysts within 24 hours and save up to 80% cost. For more information please visit https://www.intellia.io/ Contact Details intellia Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.intellia.io/

April 18, 2023 07:00 AM Eastern Daylight Time

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