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SymphonyIRI Group releases 2011 Pacesetters report naming most successful new launches
CHICAGO — Pampers Cruisers/Swaddlers with Dry Max, Gillette Fusion ProGlide and P.F. Chang's Home Menu were the top three new product introductions in 2011, according to the SymphonyIRI Group "2011 New Product Pacesetter" report released Tuesday afternoon. Respectively, Pampers generated $296 million in first-year sales, Gillette Fusion ProGlide generated $169.4 million and P.F. Chang's Home Menu generated $101.6 million. The three were the only new brands to break the $100 million barrier in year-one sales through 2011.
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While segments shrink, uBreakiFix fills niche
Technology is changing the general merchandise aisles. Online greeting cards have grabbed share from traditional cards, and photofinishing is taking a hit as consumers move to digital photo publishing.
When retailers look for products or services to fill the vacuum left by shrinking categories, they’re looking for something consumers want today and will still need tomorrow.
The uBreakiFix concept suggests one possibility. The electronics repair chain specializes in iPad, iPhone, iPod and smartphones, and offers walk-in repair services while consumers wait.