Consumer Goods & Trends

Netflix Due To Report Earnings After Wednesday’s Closing Bell

Wall Street analysts are expecting that streaming giant Netflix (NFLX) will report Q3 adjusted earnings of $1.23/share on $5.25B in revenues when they report post the closing bell on Wednesday. The competitive landscape or minefield has weighed heavily on many invested in Netflix. Disney (DIS), A...

Johnson & Johnson Comes to $10M Settlement In Ohio

Reportedly, JJohnson & Johnson (JNJ) along with its Janssen Pharmaceutical Companies have entered a settlement agreement with the Ohio counties of Cuyahoga and Summit settling all the claims for a combined payment of $10 million with no further admission of liability. The settlement has also rem...

World’s Largest Consumer Goods Companies To Miss Deforestation Goals For 2020

Reportedly, the world's two largest consumer goods companies Procter & Gamble Co and Nestle SA have confirmed that they are falling short of targets to achieve zero deforestation goals by 2020, an initiative where products which contribute to deforestation are discouraged by the companies. P&...

McDonald’s To Test Its New Plant-Based Burger “The PLT” In Canada

McDonald’s Corporation (MCD) to conduct a 12-week test for its new plant-based burger consisting of Plant, Lettuce, and Tomato (PLT) with no artificial colors, flavors, or preservatives in 28 restaurants in Southwestern Ontario from September 30. The P.L.T. to be priced at $6.49 CAD plus tax and w...

Nike Beats Earnings Estimates Q1 Fiscal 2020

NIKE, Inc. (NIKE) is the world’s top designer, marketer, and distributor of athletic footwear, equipment, apparel, and accessories. The Beaverton, Oregon based company offers products for a wide variety of sports and fitness activities. Nike  reported its quarterly earnings for the first quart...

Travelers Gains Approval From High Court of England and Wales for Insurance Business Transfer

Dow 30 component, The Travelers Companies, Inc. (TRV) is an insurance provider of property-casualty insurance for home, auto, and business. Reportedly, Travelers has recently received approval from the High Court of England and Wales for insurance business transfer under Part VII of the Financial...

Walmart To Drop E-Cigarettes From Its Shelves

Walmart Stores, Inc. (WMT) to stop selling e-cigarettes and electronic nicotine delivery products at its U.S. stores, according to Reuters report and as mentioned in an internal memo of the company. Growing and Unmonitored usage of vaping products among teenagers has been a major cause of health co...

Walmart & Capital One To Introduce Combined Retail Credit Card Program

Capital One & Walmart Stores, Inc. (WMT) are now launching the Capital One Walmart Rewards Credit Card Program with two new credit cards rewarding customers for shopping at Walmart and other places where the card is accepted. The program's signature card, the Capital One Walmart Rewards Maste...

Walmart Adding New Jobs At Johnstown Distribution Center

Walmart is reportedly adding 80 jobs at its Johnstown distribution center this fall, as the grocery business soars throughout New York state. Currently, the 1 million-square-foot distribution center employs 750 forklift operators, order fillers and support staff supplying food and non-perishable goo...

P&G Launches “Smart Lab” At University of Illinois Research Park

Reportedly, The Procter & Gamble Company (PG) has come up with its first "Smart Lab" in association with the University of Illinois Research Park to speed up research and development. The initiative is proposed to bring together students and P&G employees and speed up the execution of re...

NYC Big Mac Lovers Can Now Get Them Delivered

Big Mac lovers in New York City can now place orders via Grubhub as food giant Mc Donald’s has partnered with Grubhub offering services across restaurants in NYC and Tri-State Area. Grubhub, a Chicago-based online food delivery company promises diners food hot and fresh as possible. Earlier, M...

J&J Charged With Penalty Of $572 Million By Oklahoma Court Over Opioid Crisis

Reportedly, Johnson & Johnson (JNJ) along with its subsidiaries have been charged with a penalty of $572 million for fueling the opioid crisis in the state of Oklahoma by Thad Balkman, Cleveland County District Judge on Monday. "The opioid crisis has ravaged the state of Oklahoma,". "It mus...

The Simply Good Foods & Quest Nutrition Combining For Healthy Offering

Reportedly, the Simply Good Foods Company and Quest Nutrition, LLC have entered in a definitive agreement where Simply Good Foods is set to acquire Quest on a cash-free and a debt-free basis for $1.0 billion in cash, or $870 million net of tax benefits. The transaction which is expected to close...

Walmart Earnings Beat Q2 Estimates

Recently, Wal-mart Stores, Inc. (WMT) reported their Q2 earnings ending 31st July, beating analysts’ expectations. Here are some highlights: 1. Adjusted Earnings per share of $1.27 reported vs $1.22 expected. 2. An increase of 1.8% at $130.38 billion in revenue was reported vs. $130.11 ...

Global Private Equity Firm Advent Dropping Walmart Name From Brazilian Markets

Founded in 1984, Advent International is one of the largest and most experienced global private equity firms. With offices on four continents, we have established a globally integrated team of more than 195 investment professionals, focused on buyouts and growth equity investments in five core sec...

Coca-Cola Set To Introduce Energy Drink Globally

Dow 30 Component, The Coca-Cola Company (KO), is the largest total beverage company in the world. It offers 500 plus brands in over 200 countries and is committed to reducing sugar in its drinks and providing new and diverse drinks to people everywhere. Reportedly, Coca-Cola has been granted ...

P&G Withdraws Gillette Venus Simply3 Razors

The Procter & Gamble Company (PG) recently announced the withdrawal of Gillette Venus Simply3 razors that was reportedly due to a misalignment of the blades leading to the risk of cuts during usage. The withdrawal applies to 87,000 of the disposable razors sold in the United States and 2,700...

Women’s World Cup Excitement Scores Record Soccer Jersey Sales for Nike

Reportedly, the U.S. women's national soccer jersey is breaking record sales on Nike’s website with nearly, two-thirds of the teams sported Nike kits at the start of the tournament that has been hosted by France. The soccer jersey is priced at $90 on the Nike website this is no laughing matter...

Walmart To Relist Its Japan Based Chain Seiyu

Wal-mart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Wal-mart U.S., Wal-mart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash an...

Walmart To Relist Its Japan Based Chain Seiyu

Wal-mart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Wal-mart U.S., Wal-mart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash an...

P&G Forms Alliance Stressing Safe & Responsible Media Content

The Procter & Gamble Company (PG) along with 16 world’s leading advertisers and in collaboration with ad agencies, media companies, and social media platforms formed an alliance raising concerns about responsible media content and brand safety. The movement expects to oppose fake, corrupt,...

The New York Jury Awards $325 Million To Couple from J&J For Asbestos Exposure

As per reports, St. Louis-based mesothelioma law firm of Maune Raichle Hartley French & Mudd representing Donna and Robert Olson on their claim of lifetime exposure to asbestos causing terminal mesothelioma due to the usage of Johnson’s Baby Powder and Shower won a $325 million award in New ...

Why is Walmart Shuttering E-commerce Operations In Brasil?

It was reported recently that Walmart Brasil will close down its e-commerce operations in Brazil and concentrate more on its wholesale business as the country is slowly moving out from a severe recession. Walmart launched its e-commerce business in Brazil in 2011 and by 2017 direct sales were di...

Walmart Expands Veterinary Care Offering By 100 Clinics

It is good news for pet owners as Walmart is set to launch 100 veterinary clinics in its stores over a span of 12 months adding to the list of 21 existing operational clinics. The clinics to provide vaccines and assist in basic health and care needs of pets. In addition to the above clinics, the m...

Will Amazon Offer FREE One-Day Shipping To Over 100 Million Subscribers?

As it announced a very impressive earnings report for the first quarter, Amazon (AMZN) also revealed that it is working on offering Prime members free one-day shipping on many items instead of the two-day shipping that it currently touts. As of Amazon's last update in the first quarter of 2018, Pr...

Will Walmart & Google Convince Consumers To Order By Voice?

Wal-mart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Wal-mart U.S., Wal-mart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and ...

Did Johnson & Johnson’s Shampoo Fail A Quality Test By The Indian Organization?

Dow 30 component Johnson & Johnson (JNJ) is a worldwide healthcare focused company that embraces research and science so that it can provide customers with innovative ideas, products, and services. A Reuters story reported that a quality test conducted by The Rajasthan Drugs Control Organisat...

Walgreens Joining CVS Entry In CBD Market

Walgreen Boots Alliance (WBA), a recent addition to the Dow 30, is a pharmacy-led, health and wellbeing enterprise with a long history of trusted healthcare services, community pharmacy care, and pharmaceutical wholesaling dates. Walgreen announced this week that it is launching CBD products in t...

Procter & Gamble Moves Forward With “Home made simple” Products

Procter & Gamble (PG) supplies branded consumer packaged goods to consumers across the globe. P&G launches its affordable plant-based products prepared with 95% plant-derived ingredients. It includes hand soap, dish soap, multipurpose cleaner, laundry detergent, and fabric softener. These...

$300 Million Tech (“AI-Powered”) Acquisition for McDonald’s

McDonald’s Corporation (MCD) is the leading global foodservice retailer with nearly 37,000 locations in over 100 countries. The Corporation operates and franchises McDonald’s restaurants in the US and across the globe with over 90% of its restaurants owned and operated by local, independent bu...

San Francisco Bay Area’s 2019 Tech IPO Market Poised To Produce Riches & Real Estate Buyers

An increase in millionaires by the thousands is expected to come later this year as several big-name tech companies go public. Employees of the companies, including Uber, Lyft, Airbnb, and Pinterest among others, are to set to be major beneficiaries of the currently "open for business" IPO market...

Kristen Bell & Dax Shepard Launch Walmart Baby Line of Premium Products at Non-Premium Prices

Wal-mart Stores, Inc. (WMT)  is a worldwide retailer that operates in various formats.  The three segments of the company include Wal-mart U.S., Wal-mart International, and Sam’s Club.  The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cas...

Tyler Haney’s “Outdoor Voices” Shaking Up the Athletic Apparel Scene in New Chicago Store

In a retail category full of giants that include the likes of Nike, Under Armour, and Adidas, the growing women's and men's athletics apparel company Outdoor Voices has landed and put roots now in the Windy City. Outdoor Voices, based out of Austin, Texas and founded in 2014 in New York City, uses...

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