Consumer and retail news: 10 things you need to know today
Consumer and retail news: 10 things you need to know today · Business Insider

(Thomson Reuters)

1. Keurig is getting acquired for $92 per share

Keurig Green Mountain, which makes the Keurig coffee brewers and K-cups, is being acquired by JAB Group for $92 per share. This deal values the company at $13.9 billion. Year-to-date, shares of Keurig had lost about 60% of their value and after reaching an all-time split-adjusted high of around $150 per share last November, the stock had lost about two-thirds of its value.

2. People are loving a new Coca-Cola bottle you can turn into a festive bow

Coca-Cola has released fun new packaging in Britain that allows drinkers to transform its label into a festive bow. The limited edition "bow bottles" are available from major supermarkets in the region across its 1.75 liter range of drinks.

3. Everything you ever wanted to know about how McDonald's food is made

In the face of growing consumer demand for transparency, McDonald's has launched marketing campaigns in theUS, Canada, and Australia to answer consumer- submitted questions such as, "Are McDonald's eggs organic or free-range?" and "Does McDonald's import beef from other countries?" McDonald's has also addressed the rumored existence of "pink slime" in its meat and information about which egg dishes are cooked in the restaurant and which ones are pre-made and frozen.

4. These new leggings designed by a full-time college student solve an annoying part of exercise

Women often face the same annoying problem while wearing leggings — there is no pocket for a cell phone. Lume Lifestyle is a small athletic apparel company that developed a smart pocket for leggings. The smart pocket is made of a touch-responsive, mesh fabric. This allows the wearer to slip the phone into a pocket on the front thigh and use it without taking it out.

5. Costco has one secret that makes it 'Amazon-proof'

Costco stock is on the rise after a strong November led to analysts declaring the company "Amazon-proof." Deutsche Bank's Paul Trussell upgraded Costco's rating from hold to buy and raised the price target from $152 to $200, saying that Costco's potential was too great to ignore. Costco has been able to hold its own because of its membership model and ability to incentivize visits to brick-and-mortar locations.

6. Grocery stores are using spy technology to get you to spend more money

In November, Target expanded its test of beacons installed in LED light bulbs that track and guide customers to relevant products via their cellphones in 100 stores.With the system, wireless signals travel between customers’ Android devices and the stores’ LED lights, pinging them with promotions, as well as guiding them to relevant and discounted products.With this data, Target can reduce the staff needed to assist customers, place items more thoughtfully in high-traffic areas, and target customers even more specifically in promotions via app as they walk around the store.