Nielsen stops PRISM Data System
“Given the nation's serious economic state, Nielsen and its clients have decided this is not the right environment to launch a national syndicated service,” the company said in the statement.
The move comes just over a month after
Walmart Stores, an original backer of the effort and a charter member
of the industry consortium of retailers and manufacturers behind it,
said it wouldn't participate in the national rollout of PRISM or
continue to waive its ban on sharing sales data with market-research
firms as part of the project, as it had done since 2007.
Nielsen said it will keep providing
custom work measuring and analyzing shopper marketing "until a
syndicated service is financially viable for many of our clients."
Related news
Related news
Carrefour requires suppliers to disclose Nutri-Score
In France, all branded Carrefour suppliers will be required to…
Read more >Seven In Ten Younger Consumers Use Self-Checkouts Regularly In Germany
A new study by KPMG and the EHI Retail Institute…
Read more >Grupo Bimbo Acquires Balkan Bakery Group Don Don
Mexico’s Grupo Bimbo, the world’s largest bakery company, has acquired…
Read more >