Happenings from the Hub
As Online CPG Sales Boom, Brands Rethink Packaging Practices
For decades, manufacturers of consumer packaged goods (CPGs) have had a daily battle on the shelves of brick-and-mortar stores, competing for shoppers’ attention and hoping to earn prime shelf space right at eyelevel. But with the rapid growth of eCommerce, the retail landscape for CPGs is changing.
Gauging Your Greenness: The EcoGauge App Lets Shippers Calculate Environmental Impact of Damaged Products
Pregis has created the first-ever tool of its kind for environmentally conscious shippers: the EcoGauge calculator, an app that uses a shipper’s unique data to accurately measure the environmental impact of their damaged products.
Damaged Products, Damaged Planet
Given all the resources required to ship a single parcel, making sure you ship each order only once might be the single biggest step an online retailer can take toward sustainability.
Inspyre Change: Building a Positive Brand Message to Meaningfully Connect with Consumers
Building a positive brand message to meaningfully connect with customers is more important now than ever. Led by socially conscious, younger generations, U.S. consumers are increasingly giving their business to companies that not only make a good product but share their commitment to sustainability and social responsibility.
Pregis to be acquired by private equity firm Warburg Pincus
Warburg Pincus, a leading global private equity firm focused on growth investing, has agreed to acquire Pregis LLC, a leading protective packaging materials and automated systems manufacturer, from Olympus Partners, headquartered in Stamford, Connecticut, for an undisclosed amount.