Vol. 22 No. 1 FLEX Serving The Flexographic Printing Industry In Print and Online at www.nvpublications.com ® An N.V. Publication Market News
January 6, 2020
Retail Trends To Shift In 2020
2019: A Last Look Back
In this issue, the first of the new year, we complete our look back at some of the most important news items from 2019. Finishing equipment manufacturer AB Graphic International joined forces with Kocher+Beck , producer of cutting and printing tools, to ac- quire the Spanish labeling, convert- ing and packaging equipment manu- facturer Enprom Packaging . Multi-Color Corporation ’s acqui- sition by an affiliate of Platinum Equi- ty, a private equity firm, was complet- ed. Multi-Color Corporation merged with a subsidiary of WS Packaging , another label supplier within Plati- num Equity’s portfolio of companies. Flexible packaging provider, Flex Pack SAS , installed Flexo Wash tech- nology at its plant in Bogota to help improve the quality of work being pro- duced on its two flexo printing presses. Following a visit to Labelexpo in Chica- go,Illinois,and a meeting with the Flexo Wash team, the decision was made to invest in a PW82WR Plate Washer and an FW992XLAniloxWasher.
reported by Greg Kishbaugh
W hile a new year may bring more than a handful of un- knowns, consumers are already planning how they’ll shop in 2020.And one thing is for certain: physical interactions with products still play a major role in purchasing decisions.The over- whelming majority (82 percent) of consumers say that seeing, holding or demoing a product in-person makes them more in- clined to actually purchase at the counter.
Photo: The Food Institute
Shopkick, a shopping rewards app, surveyed more than 16,000 consumers across the country to gain insights into 2020 shop- ping habits. Shopkick looked at purchasing behavior, the use of mobile, brand loyalty and more. Seventy-three percent of consumers across generations plan to shop more frequently at retailers that align with their core values,with 64 percent planning to spend more money at those retailers.
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