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Consumer Goods & Trends

Disney Announces June Opening For Its Disneyland’s Avengers Area

Reportedly, a new avenger themed area to open at Walt Disney Co's (DIS) Disneyland Resort in California on June 4. The area will feature a Spider-Man ride, roaming superheroes, and a shawarma food cart. The addition will come weeks after the resort in Anaheim, about 35 miles southeast of Los Angeles...

McDonald’s Announces Hiring Of 25k Staff In Texas This April

Reportedly, McDonald's Corp (MCD) plans to hire 25,000 people in its restaurants across Texas in April. The burger giant announced it will hire for crew and management positions in a three-day event starting April 13-15. The company runs about 14,000 restaurants in the United States and hires thousa...

McDonald’s Appoints Desiree Ralls-Morrison As General Counsel & Corporate Secretary

As per reports, McDonald’s Corporation (MCD) has appointed Desiree Ralls-Morrison as the company’s global legal operations and corporate governance. Starting office on April 26, 2021, Desiree will be based at the company's Chicago headquarters in the West Loop. Most recently, Ralls-Morrison serv...

Walmart Schedules Virtual Annual Shareholders’ Meet On June 2

Walmart Stores, Inc. (WMT) is scheduled to hold its virtual Annual Shareholders’ Meeting on Wednesday, June 2, 2021, beginning at 10:30 a.m. CDT. The meeting will not be held in a physical location following the Covid-19 norms but will be available online through a live audio webcast, as per repor...

P&G To Release Q3 2020/21 Earnings On April 20

Reportedly, The Procter & Gamble Company (PG) is scheduled to release its third-quarter earnings at 8:30 a.m. ET on Tuesday, April 20, 2021. Interested parties can access the live audio webcast at www.pginvestor.com, starting at 8:30 a.m. ET. The Procter & Gamble Company (PG), a Dow 30 comp...

Disney Announces To Release ‘Black Widow’ & “Cruella,” In Cinemas & Disney+ The Same Day

Reportedly, The Walt Disney Company (DIS) has announced the release of “Black Widow” and “Cruella,” in theatres on the same day as it will be available on its streaming service. “Black Widow,” featuring Scarlett Johansson will debut on Disney+ and in theaters on July 9, and “Cruella”...

Disney To Increase Disney+ Subscription Prices In U.S

Reportedly, The Walt Disney Company's (DIS) is increasing Disney+ subscriptions to $7.99 per month, or $79.99 per year, for U.S. subscribers starting this week. Earlier the subscriptions were priced at $6.99 per month or $69.99 per year. The price hike is the first increase in rates for U.S. consum...

The Coca-Cola Company Schedules Release Of Q1 2021 Earnings For April 19

Reportedly, the Coca-Cola Company (KO) to release its first-quarter 2021 financial results on April 19 before the market opens, followed by an investor conference call at 8:30 a.m. ET to discuss and review the results. Interested parties can join a webcast for this event at www.coca-colacompany.com/...

Walmart Collaborating With American Fashion Designer Brandon Maxwell

As per reports, Walmart Stores, Inc. (WMT) has collaborated with Brandon Maxwell to design its Free Assembly and Scoop apparel brands. Brandon Maxwell is a well-known American designer known for dressing Lady Gaga on numerous occasions, including Met Gala events. Maxwell to act as Creative Director ...

Disney Schedules Release Of Fiscal Q2 Results On May 13

Reportedly, the Walt Disney Company (DIS) will release its fiscal second-quarter 2021 financial results on Thursday, May 13, 2021, after the market closes followed by a review of the same beginning at 4:30 p.m. ET (1:30 p.m. PT). To listen to the webcast, interested parties can visit www.disney.com...

Disney’s Avatar Returns As The Highest-Grossing Film After Its Re-Release In China

As per reports, the blockbuster movie Avatar re-claims its position as the highest-grossing film of the all-time spot after its re-release in China, pushing it above the $2.8bn marks on the last weekend. China has been the top-performing film market since pandemic lockdowns. Avatar debuted in 2009 a...

Disney+ Exceeds 100 Million Subscribers

Reportedly, The Walt Disney Company's  (DIS) Disney+ streaming program has surpassed 100 million new subscribers, reaching the 9-digit subscriber mark in only 16 months of operations as its users continued to grow during the pandemic. The news was welcomed by Disney CEO Bob Chapek during the compan...

Disneyland California & Other Theme Parks To Reopen April 1, With Restrictions

As per reports, The Walt Disney Company's  (DIS) Disneyland and other theme parks in California are expected to reopen from April 1 after nearly a year of closure due to the coronavirus pandemic, subject to their removal from the "purple" tier which is the system's most strict classification for Co...

McDonald’s To Not Lift Ban On Dining In Texas & Mississippi, Even After The States Lift Curbs

Reportedly, McDonald's Corp (MCD) will not lift dining bans for its McDonald’s Texas and Mississippi restaurants, even after the two U.S. states lifted coronavirus curbs easing businesses to operate at full capacity. The fast-food giant informed that it has no plans to make any changes to its Covi...

Disney Gives Us A Taste Of A Post-Pandemic Economy, Shifts Focus On Streaming & Online Services

Entertainment giant, Disney recently announced that it will close 20% of its 300 retail stores globally with additional store closures and an undisclosed number of layoffs to follow, as per reports. The company continues to shift its focus towards its e-commerce business by offering more products an...

Former AT&T Chairman & CEO Randall Stephenson Joins Walmart Board

As per reports, the Board of Directors, Walmart (WMT) has appointed Randall Stephenson, 60, former Chairman and Chief Executive Officer of AT&T Inc., as a new member of the company’s board, effective March 3. Stephenson adds as the 12th member of the board.  Stephenson retired in January of ...

Verizon Announces Quarterly Dividend Payable May 3, 2021

As per reports, the Board of Directors at Verizon Communications Inc. (VZ) announced a quarterly dividend of 62.75 cents per outstanding share, payable on May 3, 2021, to Verizon shareholders as of April 9, 2021. Verizon Communications, Inc. (VZ) is a worldwide leader in delivering communications a...

Nike’s North America Head Steps Down

Reportedly, Nike Inc’s (NKE) Ann Hebert, Vice President and General Manager, North America geography, has departed from the company, effective today, March 1. Ann Hebert leaves the company after 25 years of service. The company plans to announce a new head of its North American geography shortly. ...

Disney+ Is A Hit In Households Sans Kids

Walt Disney Co's (DIS) Disney+ streaming service surprisingly has gathered strong interest from adults who do not have kids at home which has substantially increased subscriptions. Disney+ launched in November 2019, has exceeded Wall Street expectations and the company’s forecast. Disney is known...

Walmart’s Express Delivery Gets Much Easier

Reportedly, Walmart Stores, Inc. (WMT) customers now no longer need to meet the minimum order requirement to get the items they need in a hurry, as the retailer removes the $35 minimum order requirement for Express delivery beginning March. Express delivery offers customers to order items from Walma...

Nike Announces Dates For Q3 Fiscal 2021 Earnings & Conference Call

Sports-wear giant, NIKE, Inc. (NKE) to announce Q3 fiscal 2021 earnings at 1:15 p.m. PT on Thursday, March 18, 2021,  after the market closes. NIKE management will host a conference call at 2:00 p.m. PT followed by the release, to review results. The call can be reached live at http://investors.nik...

Walgreens Collaborating With Instacart To Offer Same-Day Delivery

As per reports, Walgreen Boots Alliance (WBA) has expanded its on-demand delivery solutions with the leading online grocery platform in North America, Instacart for consumers across Illinois. Customers can now order from a range of Walgreens favorites, including health and wellness, beauty and perso...

McDonald’s Moves To Include Diversity In Its Workforce – Set To Tie Executive Bonuses

Reportedly, McDonald’s (MCD) will be tying executive bonuses to new goals for diversifying the company and publicly releasing the demographic details of its workforce, for the first time. Under the new guidelines, McDonald's CEO Chris Kempczinski may lose 15% of his approximately $2.25 million an...

Verizon Foundation Donates $250K To Feeding Texas To Support Storm Hit Communities

As per reports, the Verizon Foundation (VZ) is contributing $250K to Feeding Texas to support relief efforts in communities across the state after a recent historic storm. The organization will use the funds to relieve hunger needs, which was further saddened by the storms. Verizon customers can con...

Walmart Reports Strong Q4 Revenue Growth But Saw Increased Costs

Walmart Stores, Inc. (WMT) reported improved Q4 revenue driven by strong e-commerce growth that increased during the COVID-19 pandemic. However, there was an increase in costs due to a pay hike for its frontline workers. The retailer reported adjusted EPS of $1.39 versus $1.50 estimate, revenue stoo...

Travelers Secures Score of 100 on 2021 Corporate Equality Index

Reportedly, The Travelers Companies, Inc. (TRV) has secured a score of 100 on the 2021 Corporate Equality Index, maintaining its position for the sixth consecutive year as a Best Place to Work for LGBTQ Equality. Corporate Equality Index (CEI) is a national benchmarking tool monitored by the Human R...

Boeing’s B. Marc Allen Joins P&G Board Of Directors

Reportedly, the Board of Procter & Gamble Company (PG) has appointed B. Marc Allen, chief strategy officer and senior VP of Strategy & Corporate Development at Boeing Company to its Board of Directors, effective February 10, 2021. Mr. Allen has been with Boeing since 2007 and is responsible ...

Nike Announces Quarterly Cash Dividend

As per reports, Nike Inc. (NKE) will pay a quarterly cash dividend of $.275 per share to all outstanding common stock shareholders of Class A & Class B as of March 1, 2021. The dividend is to be paid on April 1, 2021, as announced by the company's Board of Directors. NIKE, Inc. (NKE) is the wor...

Coca-Cola Introduces 100% Recycled Plastic Bottles In U.S.

As per reports, The Coca-Cola Company (KO) is introducing sodas in bottles made from 100% recycled plastic material in the United States, reducing its use of new plastic by more than 20% across its North American portfolio compared with 2018. The soda and beverage giant has been criticized for being...

Disney Surprises With Massive Rise In Disney+ Subscribers In Q1

The Walt Disney Company (DIS) reported its fiscal first-quarter earnings, riding high on its streaming services. Disney+ subscribers jumped to 94.9 million as of Jan. 2, an increase of 9% from 86.8 million on Dec. 2 and 258% from a year ago. The service is expected to post a bigger revenue boost in...

Coca-Cola Announces Q4 Earnings, Cost-Cut Helps The Beverage Giant MoveThrough Pandemic Times

Beverage Giant, Coca Cola (KO) reported Q4 earnings this week, exceeding estimates but realized lower revenues as the business has suffered due to the coronavirus pandemic. The Company worked on its workforce restructuring and slimmed down its portfolio to deal with the crisis. The company recorded ...

Home Depot Schedules Q4 & Fiscal 2020 Earnings Conference Call On February 23

The Home Depot (HD) to release its fourth-quarter & fiscal 2020 Earnings Conference Call at 9 a.m ET on Tuesday, February 23. A webcast of the call can be reached at http://ir.homedepot.com/events-and-presentations under the icon Fourth Quarter Earnings Conference Call. The same will be archived...

Coca-Cola’s South African Bottler To Revise Black Ownership Stake To 20%

As per reports, Coca-Cola Beverages South Africa (CCBSA) will increase the stake held by black empowerment investors and employees in the company to 20%, in a bid to meet merger conditions specified by competition authorities. The Coca-Cola Company and SABMiller Plc reached an agreement in 2014, un...

Walmart Continues To Strenghten Digital Ad Business Via Acquisition of PaperG

Reportedly, Walmart Stores, Inc. (WMT) to acquire the technology and assets of PaperG Inc., which does business as Thunder Industries and uses automation to create digital ads. Terms of the deal were not disclosed. The deal does not include Thunder's existing customer contracts but includes a major ...

The Home Depot Opens 1.5 million-square-foot Distribution Center In Dallas Creating 1,500 New Jobs

Reportedly, The Home Depot, Inc. (HD) has opened a new 1.5 million-square-foot distribution center in Dallas to fulfill its online orders and store orders. The store is designed to meet customers' delivery needs through various channels, including delivering items directly to customers' homes or fo...

Disney To Makeover Its Jungle Cruise Ride Over Critics Opinion Of Racist Depiction

As per reports, Disney’s (DIS) Jungle Cruise ride in California and Florida to get a makeover after critics accused the Jungle Cruise of displaying "negative depictions" of some cultures. Disney informed that the riverboat attraction would be updated to "reflect and value the diversity of the worl...

Walmart To Bolster Its Advertising Business, Eyeing Its Rival Amazon

As per reports, Walmart Inc. (WMT) is planning to expand its advertising business by adding space for its ads at its U.S. stores along with sharing its massive shopper data with brands. The retailer is looking to challenge its rival Amazon.com Inc. as a media powerhouse, with its vision of achieving...

McDonald’s Earnings Disappoint, As Extended Lockdown Flattened Sales

McDonald’s Corporation (MCD) reported quarterly profit and revenue this week, much below market estimates as the second round of pandemic lockdowns were announced in parts of Europe, hurting the business and affecting the company’s sales growth in the U.S. market too. The burger giant informed t...

Honeywell Selling Performance & Lifestyle Footwear Business to Rocky Brands For ~$230 Million

Reportedly, Honeywell (HON) has entered an agreement with a leading manufacturer of premium footwear and apparel, Rocky Brands to sell its performance and lifestyle footwear business for approximately $230 million, expected to close end of the first quarter of 2021. As per the agreement, Honeywell w...

Walmart To Announce Its Fiscal Q4 Earnings On Feb 18

Reportedly, Walmart Stores, Inc. (WMT) to announce its fourth-quarter financial results at 6 a.m. CST on Thursday, Feb. 18, 2021. The retailer's executive management team will conduct a virtual meeting at 7 a.m. CST following the results to discuss and review the results, along with an update on its...

McDonald’s Board Declares Quarterly Cash Dividend Payable March 15, 2021

The Board of McDonald’s Corporation has declared a quarterly cash dividend of $1.29 per share of common stock payable to all shareholders at the close of business on March 1, 2021, and payable on March 15, 2021. McDonald’s Corporation (MCD) is the leading global foodservice retailer with nearly...

McDonald’s UK Holds Walk-In Takeaways Amid New Lockdown Restrictions

As per reports, McDonald’s (MCD), UK is putting its walk-in takeaway services on temporary hold as the country has imposed new lockdown restrictions following the rising cases of Coronavirus in the country. The burger giant also informed that the dine-in meals will be unavailable temporarily. Driv...

P&G Promises To Advance Healthy Oral Care Habits Among People

As per reports, Procter & Gamble (PG) Oral Care is working to incorporate healthy oral care habits while reducing the impact on the planet through its new environmental sustainability commitments. The platform, "Healthy Smiles. Healthy Lives. Healthy Planet." in association with its oral care br...

P&G Terminates Merger With Billie Inc. Following FTC Lawsuit

As per reports, Procter & Gamble Co (PG) and Billie Inc. have decided to terminate their planned merger agreement, after the U.S. Federal Trade Commission filed a complaint last month aiming to stop the deal on the grounds that the merger would eliminate competition in the wet shave razor market...

Post-it® Brand From 3M Introduces New collection Noted

Reportedly, Post-it® Brand from 3M (MMM) has introduced a new collection of beautifully designed stationery and desktop accessories, Noted. The range offers products like notebooks, planner pads, list notes, acrylic trays, felt tip pens, and more. The new line brings the unmatched technology of Po...

Walmart Expands Its eCommerce Applications With Plug Power Driven Hydrogen & Fuel Cell Solutions

Reportedly, Plug Power, architect of modern hydrogen and fuel cell technology is expanding its relationship with Walmart Stores, Inc. (WMT) by supplying the retailer's e-commerce network with sustainable solutions. GenKey hydrogen and fuel cell solutions offer flexibility, scalability, and fast fuel...

Verizon & Hearst Television Reach Agreement On Terms

As per reports, Verizon Communications, Inc. has reached an agreement with Hearst Television to avoid a New Year's Day blackout of the broadcasting group's channels on Verizon's fiber-optic networks in the U.S, including Boston and Baltimore. The agreement also covers viewers in Manchester, New Hamp...

Discovery+ Streaming Service Launches In U.S On Amazon Fire TV, Roku…

Discovery Inc.’s new streaming service Discovery+ is set to launch in the United States this week on services and platforms like Amazon Fire TV and Roku. The media company has a U.S. distribution deal with Verizon Communications Inc. (VZ) that will make its service available to 50 million customer...

P&G Earnings Top Q2 Expectations – Raises Fiscal 2021 Outlook

The Procter & Gamble Company (PG) announced its fiscal second-quarter revenue this week with an 8% increase in revenue driven by the huge demand for its cleaning products and grooming tools, as the pandemic continued to impact consumer behavior. The consumer giant also raised its fiscal 2021 out...

Verizon May Stop Broadcasting Channels By Hearst Television

Reportedly, Verizon Communications Inc. (VZ) may stop broadcasting channels owned by Hearst Television next year as the company has been asking for higher rates to broadcast its channels on Verizon's fiber-optic networks. Verizon informed that Hearst TV, the owner of channels like WBAL-NBC in Balti...

The Home Depot Closes Previously Announced $8 Billion Acquisition Of HD Supply

As per reports, The Home Depot has completed the acquisition of HD Supply Holdings, Inc., for a total enterprise value (including net cash) of approximately $8 billion. The agreement to acquire HD Supply was announced on November 16, 2020. The deal is expected to position The Home Depot as a leadin...

Procter & Gamble To Provide Q2 Earnings On January 20

Reportedly, Procter & Gamble (PG) to release its second-quarter earnings on Wednesday, January 20, 2021, at 8:30 a.m. Eastern Time. Interested parties can reach the live webcast at www.pginvestor.com. The webcast will also be available for replay. The Procter & Gamble Company (PG), a Dow 3...

Disney’s Alan Horn Steps Down As Co-Chairman Walt Disney Studios But Continue As Chief Creative Officer

Reportedly, Alan Horn is stepping down as co-chairman of Walt Disney Studios (DIS) leaving Alan Bergman as the sole chairman effective Jan 1. Alan horn will continue as a chief creative officer of the company. The shift has come after the company announced that it was restructuring its media and ent...

Walmart Launches Easy Return Option For Its Customers

Walmart Stores, Inc. (WMT) customers can now easily schedule a return for a product bought in-store, online, or from a third-party vendor. The service can be reached either on the retailer's app or website, under its Carrier Pickup by FedEx service. Customers choosing to return a product can select ...

Coca-Cola Restructuring Plans Leads To Layoff Of 2,200 Jobs In Its Global Workforce

Reportedly, The Coca-Cola Company (KO) will cut about 2,200 jobs in its global workforce, with the bulk of the layoffs in the US, where it is expected to shed 1,200 jobs. The move is a part of the restructuring plan driven by the coronavirus pandemic. Approximately, half of Coca-Cola's sales typic...

Walmart Foundation To Donate $12 Million To Feeding America Ahead Of The Holiday Season

Reportedly, the Walmart Foundation will donate $12 million over two years to Feeding America to support families and individuals to meet their hunger needs during the challenging pandemic times and ahead of the holiday season. As per the nation’s largest hunger-relief organization, Feeding Americ...

Nike Reports Strong Q2 Earnings While Increasing Full-Year Sales Forecast

Sportswear giant, NIKE, Inc. (NKE) reported strong fiscal Q2 earnings, as its digital sales witnessed a boost amid the pandemic as people have been logging into Nike’s workout and store apps driving significantly higher online sales all year. Revenue increased about 9% to $11.24 billion in the se...

The Walt Disney To Conduct Annual Meeting Of Shareholders On March 9, 2021

As per reports, the Walt Disney Company to conduct its annual meeting of shareholders virtually on March 9, 2021, Tuesday  (1:00 p.m. ET / 10:00 a.m. PT ). The meeting can be reached via webcast on the company’s website  (www.disney.com/investors) Dow 30 Component, The Walt Disney Company (DIS)...

Airbnb Nasdaq IPO Opened At $146 Based On Strength of Q3 Demand

Travel Company, Airbnb (NASDAQ: ABNB) went public this week with its initial public offering (IPO) at $68 with a roughly $47 billion valuation. The trading opened on the Nasdaq at $146 per share this week, higher than its IPO price and valuing the company at more than $100 billion. While the company...

Shocker…Disney Increases Disney+ Price & Ups Subscriber Projections For 2024

As per reports and predictably so, the braintrust at The Walt Disney Company (DIS) is now set to raise your monthly subscription price for the Disney+ streaming service to $7.99 per month in March 2021, making it the first price hike since the service launched in November 2019. Basically, Disney is ...

Walmart Removing $35 Delivery Minimum On Website Purchases Expanding Benefits For Walmart+ Members

Reportedly, Walmart Stores, Inc. (WMT) is removing the $35 minimum order value for Walmart+ members to qualify for free shipping, as the retailer gears up for its holiday season and shoppers also seek to avoid crowds during the pandemic, pushing a surge in e-commerce sales. This year in mid-Septemb...

Nike Makes Double-Digit Boost To Quarterly Dividend Payable Dec. 29

As per reports, NIKE, Inc. (NKE) has increased its quarterly dividend by 12%, or 3 cents per share. The company informed in September that it expects sales in the second half of its fiscal year ending May 2021 to be "up significantly", as it bounces back from a drop earlier this year due to the pand...

Verizon & Apple Partner For Corporate 5G “Fleet Swap”

As per reports, Apple Inc (AAPL) and Verizon Communications (VZ) to launch a "Fleet Swap" program in which Verizon will subsidize the replacement of corporate customers' entire fleet of smartphones with any of Apple's iPhone 12 models (first family of phones with 5G networking capabilities) with "ze...

Walmart Reports Rising Profits As The Retailer Rides High On Online Sales

Reportedly, Walmart Stores, Inc. (WMT) released their quarterly earnings ending Oct. 31 beating market expectations as the retail giant reported a 79% surge in its online sales as spending on electronics, sporting goods, and groceries increased. Earnings Highlights: Sales at U.S. stores open at...

Home Depot Commits To Spend More Than $1B On Employees’ Compensation Annually

As per reports, The Home Depot, Inc. (HD) is committing to spend more than $1 billion on employees' compensation annually, as the company benefits from growth in demand for paints, tools and building materials due to the COVID-19 pandemic as options for travel or leisure activities have reduced. Peo...

The Walt Disney Company (DIS) Releases Positive Q4 Earnings Beating Expectations

The Walt Disney Company (DIS) reported strong Q4 earnings recording more than 73M paid subscribers to its Disney+ streaming service by the end of the quarter exceeding expectations. The company reported a loss per share of 20 cents, vs 71 cents expected and $14.71 billion in revenue in comparison to...

Home Depot To Acquire Industrial Goods Wholesaler HD Supply Holdings For ~$8B

As per reports, The Home Depot, Inc. (HD) is set to acquire industrial goods wholesaler HD Supply Holdings in a deal valued at about $8 billion. Home Depot will offer $56 per share in cash to HD Supply shareholders. HD Supply is one of the largest wholesale distributors in North America. The company...

Nike To Announce Q2 2021 Earnings Results On December 18

As per reports, sportswear giant NIKE, Inc. (NKE) to release Q2 fiscal 2021 financial results at 1:15 p.m. Pacific Time on Friday, December 18, 2020, after which the management team will host a conference call starting at 2:00 p.m. Pacific Time to discuss and review the results. The conference will...

Walmart To Host Q3 Earnings Call On Nov. 17, 2020

As per reports, Walmart Stores, Inc. (WMT) to host a live conference call with the Investors on Tuesday, Nov. 17, 2020, at 7 a.m. CST to review and discuss Q3 earnings results, 2021. The call will be hosted by Executive VP & CFO, Brett Biggs, and President & CEO, Doug McMillon. Interested p...

Walmart To Test Self-Driving Electric Cars Next Year For Contact-Less Delivery

As per reports, Walmart Stores, Inc. (WMT) to soon start testing contact-free delivery with Cruise, the only self-driving car company with a fleet of all-electric vehicles powered with 100% renewable energy early next year in Scottsdale, Arizona. For the pilot, “Customers can place an order fro...

McDonald’s To Launch “McPlant” in 2021

As per reports, McDonald’s Corporation (MCD) to introduce "McPlant" in 2021, a line of plant-based meat alternatives driven primarily by concerns over meat's effects on consumer's health, the environment, and also animal welfare. The fast-food giant to offer chicken substitutes, plant-based burger...

Disneyland Furloughs Additional Workers At Disneyland Parks

Reportedly, Walt Disney Co (DIS) announced the furloughing of additional workers from its Disneyland theme park in Southern California due to the continued uncertainty caused by the coronavirus pandemic. The number of furloughs was not disclosed and include executive, salaried, and hourly workers a...

Verizon Media & Walmart Come Together For Joint Holiday Campaign

As per reports, Verizon Media (VZ) and Walmart (WMT) have come together again for a Joint Holiday Campaign with their “30 Days of Savings” program offering a first look at hundreds of Walmart products to save time and money for shoppers along with assisted innovative commerce content. The initi...

Walmart To Sell Its Argentina Business To Grupo de Narvaez

Reportedly, Walmart Stores, Inc. (WMT) is parting away with its Argentina business, which started in 1995, to local investor Grupo de Narvaez, that runs food, clothing, and consumer goods retail businesses in Latin American countries. The value of the transaction was not known, but Walmart to record...

McDonald’s Beats Q3 Wall Street’s Estimates

Reportedly, burger giant McDonald’s Corporation (MCD) reported Q3 earnings beating market estimates, as customers continued to order through drive-thru outlets and delivery apps amid the pandemic. The company’s promotional deal with rapper Travis Scott also pushed sales. The company’s total r...

Disney Pushes Back Release Date of Agatha Christie Novel Based Film “Death on the Nile”

Reportedly, The Walt Disney Company (DIS) has taken off the release of the Adventure movie “Death on the Nile” from the holiday calendar. It is the latest film to be pushed back as the entertainment industry grapples to get back to business amid the Covid-19 pandemic. The film was due to open in...

Walmart Scrapping Robotic Plans

Reportedly, Walmart Stores, Inc. (WMT) has scrapped plans to use robots to keep track of its inventory and scan shelves. The retailer ended its partnership with Bossa Nova Robotics Inc. dropping its long efforts to automate the task and make the job easier for staff. The shelf-scanning robots were ...

Procter & Gamble Sees Demand for Cleaning & Laundry Products – Beats Estimates- Increases Guidance

The Procter & Gamble Company (PG) reported a 9% increase in fiscal first-quarter earnings, driven by demand for its cleaning and laundry products during the coronavirus pandemic, as per reports. The company also raised its sales outlook and expectations for fiscal 2021. An EPS of $1.63 was repo...

McDonald’s Reports Improved Q3 Global Sales, Announces Increase In Quarterly Dividend

Fast food giant, McDonald’s Corporation (MCD) reported Q3 earnings, this week performing better than the previous quarter as drive-thru orders increased and special promotions recorded sales to the double-digit percentage increase in September. Comparable sales plunged 24% in Q2r as dining option...

Walmart Revamps Black Friday Savings & Deals, Offering A Different Shopping Experience

Reportedly, Walmart Stores, Inc. (WMT) is planning to spread out its Black Friday savings this year from one single day to three events bringing customers "Black Friday Deals for Days." The newly introduced promotion will offer Walmart shoppers reduced prices during three separate savings events acr...

Walmart Expects To Mark A $2.5B Non-Cash Loss On Asda

As per reports, Retail giant Walmart Stores, Inc. (WMT) is expected to mark a non-cash loss of $2.5 billion this fiscal year, as a result of the sale of Asda, its British supermarket chain. Founders of petrol station operator EG Group, and private equity firm TDR Capital,  the billionaire brothers...

Disney To Lay-Off 28k Employees At Its U.S Theme Parks

As per reports, The Walt Disney Company (DIS) to cut off nearly 28k employees at its U.S theme parks due to limited visitor capacity, and uncertainty on when the pandemic would end. The layoff will comprise of "domestic employees" out of which 67% are part-time employees. All of the company's parks ...

J&J Shelling Out More Than $100M Talc Lawsuits

As per a Bloomberg report, Johnson & Johnson (JNJ) to pay more than $100 million in legal charges in order to settle over 1,000 lawsuits that claim that the company's Baby Powder causes cancer. J&J is under more than 19,000 lawsuits from its talcum powder users claiming its talc products cau...

McDonald’s Launches New Nationwide McCafé Bakery Menu Items

As per reports, McDonald’s Corporation (MCD) has launched a new Apple Fritter, Blueberry Muffin, and Cinnamon Roll to its McCafé Bakery lineup, starting October 28. The new menu items will be available all day at participating restaurants nationwide along with the other McCafé cookies and pies. ...

Coca-Cola To Enter U.S Alcohol Market With Topo Chico Hard Seltzers

Beverage giant, the Coca-Cola Company (KO) to set its foot in the U.S alcohol market with the alcoholic version of Topo Chico sparkling water in partnership with beer giant Molson Coors Beverage Co, as per reports. The launch will be the company’s first alcoholic drink in the country, expanding it...

Coca-Cola To Release Q3 2020 Financial Report On Oct. 22, 2020

Dow 30 component, The Coca-Cola Company (KO) announced the release of its Q3 2020 earnings report will be on Oct. 22, before the market opens.  Interested parties can reach the event at www.coca-colacompany.com/investors. Dow 30 Component, The Coca-Cola Company (KO), is the largest total beverage ...

The World Is Changing As Walmart & Goldman Sachs Now Offering Online Sellers Business Credit Lines

Walmart Stores, Inc. (WMT) is teaming up with Goldman Sachs (GS) to offer business credit lines to small and medium-sized businesses selling on Walmart. The offer is being made by Marcus, Goldman’s online consumer banking unit, as per reports. Initially, sellers can access lines of credit between ...

A Must Read: “Stay Safe: A Physician’s Guide to Survive Coronavirus” – A Resource That Will Help Protect Your Family Against the Coronavirus

Unfortunately, there are currently over 31.5 million confirmed coronavirus cases worldwide and over 967,000 related deaths! Recently, the director of the Centers for Disease Control and Prevention told lawmakers that he doesn't expect a potential COVID-19 vaccine to be available for most Americans...

McDonald’s To Expand Restaurants In Far East Russia

As per reports, Global fast-food giant McDonald’s Corporation (MCD) is expanding in far east Russia in December with restaurants in cities like Khabarovsk and Vladivostok. The total number of restaurants to be opened was not confirmed however, the first phase is expected to create around 300 jobs....

McDonald’s To Shift Its North American Financial Systems To Oracle’s Cloud

Reportedly, McDonald’s Corporation (MCD) to shift some of their work to Oracle's cloud computing services. McDonald's will move its North American financial systems to Oracle's cloud, as per reports. Oracle is also trying to mobilize mature independent software firms to its cloud business to comp...

Walmart Introduces Extended Benefits To Customers With Its Walmart+ Program

Walmart Stores, Inc. (WMT) announced its new membership program Walmart+, offering in-store and online benefits to its customers, including free delivery, fuel discounts, and no checkout lines. The subscription will cost $98 a year or $12.95 a month and will be available to all U.S.-based customers ...

Walmart Partners With Zipline For Testing On-Demand Drone Deliveries

Dow 30 component Walmart Stores, Inc. (WMT) is teaming with Zipline to test its drone delivery testing, the future of on-demand delivery. The testing to start early next year near Northwest Arkansas beginning with Walmart’s “select health and wellness products with the potential to expand to ...

Nike Bringing Sports Science To Maternity Apparel With Nike (M)

Reportedly, NIKE, Inc. (NIKE) has stepped into the maternity clothing market under Nike (M). The new launch aims to bring in sports science to maternity apparel, emphasizing style and performance. Nike began research on the needs of expecting mothers three years ago reviving data from more than 150,...

John Standley Appointed As The President Of Walgreens

As per reports, Walgreen Boots Alliance (WBA) Inc, has appointed John Standley as President of Walgreens leading all Walgreens operations and overseeing the development, growth, and management of the business. Interim President, Alex Gourlay to continue in his role as Co-Chief Operating Officer lead...

Walmart To Test A Pilot Project To Gear Up Delivery Business

Reportedly, Walmart Stores, Inc. (WMT) to test a pilot project to gear up its delivery business for the delivery of products with automated drones along with Flytrex, an end-to-end delivery firm. The test is expected to start in the second week of September in Fayetteville, North Carolina with cloud...

Coca-Cola To Offer Voluntary Exits Amid Its Restructuring Plans

Reportedly, The Coca-Cola Company (KO) halves its operating units and offers a voluntary exit to 4,000 workers including, the U.S as, the beverage maker battles with declining sales reporting a 28% drop in sales in the last quarter of the year driven by coronavirus-led closures of restaurants, sport...

Walmart Eyeing Online Revenue With TikTok Bid In Partnership With Microsoft

Walmart Stores, Inc. (WMT) proposed the purchase of popular short-form video app TikTok in partnership with Microsoft Corp, which could turn the retailer into an online advertising leader, analysts predict. The purchase would equip Walmart to compete with retail giants like Amazon.com Inc, Facebook...

Alfredo Rivera Succeeds Dinkins As The New President Of Coca-Cola North America!

As per reports, Alfredo Rivera is succeeding Jim Dinkins as the new president of The Coca-Cola Company (KO) North America, effective immediately. Jim Dinkins, 58 is retiring after more than three decades of service with the company. Dinkins joined Coca-Cola in 1988 and served in a series of success...

Walmart To Host Free Online Wellness Event Featuring Patti LaBelle, Dr. Juan Rivera & Dr. Christine Crawford This Weekend

As per reports, Walmart Stores, Inc. (WMT) is conducting a three-day event featuring insight from singer Patti LaBelle, cardiologist Dr. Juan Rivera and psychiatry expert Dr. Christine Crawford helping its customers to live better and healthy from the comfort of their homes. Walmart Wellness Live, a...

Walmart To Treat Its Customers To Its First-Ever Drive-In!

Reportedly, Walmart Stores, Inc. (WMT) to open its parking lots for the Walmart Drive-in movie theater experience across its 160 stores starting this month, in partnership with the Tribeca Film Festival. The service will be available for free to its customers starting from August 14 through October ...

Procter & Gamble Rides High On Q4 Sales, As Cleaning Products Sees Increased Demand Amid Covid-19 Pandemic

The Procter & Gamble Company (PG) reported strong Fourth-Quarter revenue (ending June 30) as sales for consumer goods like Tide laundry detergent and Mr. Clean products surged amid the COVID-19 lockdown witnessing higher organic sales. “There may be a long term increase focused on home — ...

3M Releases July 2020 Sales Report Confirming Broad Based Improvement

3M (MMM) released its sales report for July 2020, reporting broad-based improvement in sales trends across businesses and geographies. Total Sales of $2.8 billion reported(a 6% increase year on year). Organic local-currency sales witnessed a growth of 3 percent year-on-year. Sale Figures: Total...

Walmart & Instacart Partner For Grocery Delivery In Los Angeles, San Francisco, San Diego, and Tulsa

As per reports, Walmart (WMT) grocery shopping can now be done via Instacart app in some U.S. cities offering same-day delivery, as Instacart starts its pilot delivery program in Los Angeles, San Francisco, San Diego, and Tulsa with Walmart.  In June, the company had raised 225 million in a new fu...

Disney Surprised With Quarterly Earnings As Streaming Surges- Disney+ Had 60.5M Subscribers As of Aug. 3

The Walt Disney Company (DIS) reported third-quarter earnings recently and announced the premiere of "Mulan” on Disney+ in some markets. Disney reported earnings of 8 cents a share and revenue of $11.78 billion, witnessing a drop of 42%. Other Earning Highlights: Disney parks revenue dropped ...

Walmart Announces Second-Quarter Earnings Release Date

As per reports,  Walmart Stores, Inc. (WMT) to host the Q2 2020 earnings conference call on Tuesday, August 18, at 7 a.m. CDT. President and CEO, Doug McMillon along with Brett Biggs, executive vice president, and the chief financial officer will host the event to discuss and review the results. Th...

3M Appoints Jeffrey R. Laver As New Executive Vice President of Consumer Business Group

As per reports, 3M (MMM) named Jeffrey R. Laver, 57 as its new executive vice president, Consumer Business Group, succeeding Paula Keel effective immediately. Laver joined 3M in 1987 and fulfilled roles both as a functional and business leader.  "Jeff is a highly accomplished leader with a demon...

The Home Depot To Host Q2 Financial Results Call On August 18

As per reports,  The Home Depot, Inc (HD) to host the Q2 2020 earnings conference call on Tuesday, August 18, at 9 a.m. ET. The event will be webcast live by logging onto http://ir.homedepot.com/events-and-presentations. The webcast will be archived and available by noon on August 18. The Hom...

Walgreens Backs INFORM Consumers Act Aimed At Organized Retail Crime

As per reports, Walgreens has come out in support of the INFORM Consumers Act launched in the U.S. House of Representatives, this week by Congresswoman Jan Schakowsky. Alex Gourlay, president of Walgreens issued a statement, "The lack of transparency and accountability in today’s digital market...

3M Reports Coronavirus Crisis Hit Q2 Demand

3M (MMM) released its quarterly revenue recently, reporting a 12% drop in revenue for the quarter ending June 30 as demand for its products dropped due to the global economic slowdown caused by the coronavirus pandemic. Net sales dropped to $7.2 billion from $8.2 billion. Net income increased to $1....

Nike Shuffles Up It Leadership Team & Focuses On Job Cuts

Reportedly, NIKE, Inc. (NIKE) is gearing up for some leadership changes along with job cuts to focus on its digital business and engaging directly with customers as COVID-19 impacts the buying habits of consumers. The company informed that the changes it is making will lead to a “net loss of jobs ...

McDonald’s Board Announces Cash Dividend Payable September 15

The Board of McDonald’s Corporation (MCD) declared a cash dividend of $1.25 per common share for the quarter, this week. The dividend is set to be payable on September 15, 2020, to shareholders as on September 1, 2020. For any important updates or information regarding McDonald's, like the timing ...

Walmart Makes Face Masks A Mandate For All Its Stores In The US

As per reports, Walmart Stores, Inc. (WMT) has joined many other retail outlets making face masks compulsory for all its customers and employees at all locations starting from July 20. The decision comes in to control the spread of the growing COVID-19 cases in the US. Walmart operates more than 4,7...

J&J Receiving Pressure From Nonprofits To Discontinue Sales Of Baby Powder

As per a statement from advocacy group Black Women for Wellness, reportedly more than 170 nonprofit groups which include educational institutions such as Emory University and activist groups such as Greenpeace, among others have urged Johnson & Johnson to stop selling its talc-based Johnson’s ...

Hong Kong Disneyland To Re-Close Amid Rising COVID-19 Cases

Reportedly, Disney (DIS) is scheduled to re-close its theme park in Hong Kong due to a rise in COVID-19 cases there. Hong Kong Disneyland reopened on June 18 and will now “temporarily” close again on July 15 after Hong Kong reported 52 new COVID-19 cases this week. Hotels at the Hong Kong theme ...

Set Your Schedules as Disney’s Live Action Feature “Mulan” Will Be Released On August 21, 2020

The Walt Disney Studios (DIS) announced the release of "Mulan," a live-action epic directed by renowned filmmaker Niki Caro in theaters on August 21, 2020. The film's earlier release of July 24, 2020, was delayed due to the theatre closures amid the COVID-19 pandemic. Disney’s Mulan depicts an e...

Nike’s Reported Fiscal Q4 Losses Driven By Coronavirus Closures

NIKE, Inc. (NIKE) recently reported Q4 losses as they were forced to close global store closures due to the coronavirus pandemic and shutdown. Revenue of $6.31B was reported versus $7.38B expected and loss per share of $.51, versus earnings of 10 cents per share expected. About 90% of Nike’s phys...

Johnson & Johnson To Stop Selling Clean & Clear Fairness & Neutrogena Fine Fairness Lines

As per reports, Johnson & Johnson (JNJ) to stop selling skin whitening creams which are very popular in Asia and the Middle East after such products gained social pressure in recent weeks amid debate about racial inequality globally. The company to stop selling its Clean & Clear Fairness lin...

McDonald’s Gears Up For Reopening With $200 Million Advertising Boost

McDonald’s Corporation (MCD) reported a 30% decline in its global sales in the first two months for the current quarter even though lock-down restrictions eased amid the pandemic, allowing the reopening of the majority of its restaurants worldwide. The fast-food giant reported improved demand from...

Nike Marks Juneteenth As An An Annual Paid Holiday Going Forward

Reportedly, NIKE, Inc. (NIKE) to recognize Juneteenth as an annual paid holiday for U.S. employees, announced CEO John Donahoe, as per an internal staff memo. In addition, the brand has also launched a diversity education program. Donahoe stated, “Education can play an important role in the fi...

Walmart & CVS Pledge to Keep Multicultural Beauty Products Out Of Locked Cabinets

Reportedly, CVS Health Corp along with Walmart Stores, Inc. (WMT) announced to discontinue personal and beauty care products fashioned for people of color in locked display cases after the tradition drew criticism following the death of African American George Floyd last month due to police brutalit...

Americans Saying “Let’s Run” During Covid-19 Pandemic Driving Nike, etc. Forward on Shoe Demand

The ongoing COVID-19 pandemic has been pushing the fitness and health enthusiasts to embrace solo fitness endeavors like running a major part of the lifestyle, making the running sneaker industry a winner. The trend caused by the pandemic beats the 2010's, group classes which were the world’s hott...

Gillette Promises One-Stop-Shop For All Men With Facial Hair With New King C. Gillette Line

Reportedly, Procter & Gamble Company (PG)'s Gillette announced the launch of its new range of products under the name King C. Gillette, offering a complete range of tools and products for men, helping them to perfect their facial hairstyle and grooming at the ease of their home. The launch meets...

Nike Will Release Fiscal Q4 2020 Earnings on Thursday, June 25, 2020

Reportedly, NIKE, Inc. (NIKE) will release its fiscal Q4 2020 earnings on Thursday, June 25, 2020, after the market closes. The company to host a business call at 2:00 p.m. PT to discuss the results, which can be reached live at http://investors.nike.com. An archived version of the call will be avai...

Walmart To Expand The Number Of COVID-19 Testing Facilities At Its Parking Lots

Reportedly, Walmart Stores, Inc. (WMT) to continue to expand COVID-19 testing facilities in its store parking lots. “We have got about 180 sites that are doing coronavirus testing today. We just launched a site last week where we can do coronavirus testing at the drive-thru at a neighborhood ma...

The Board of McDonald’s Announces Dates For Quarterly Dividend Payable June 15, 2020

The Board of McDonald’s Corporation (MCD) announced a quarterly dividend of $1.25 per common share payable on June 15, 2020, to shareholders as on June 1, 2020. For more information and updates interested parties can visit the Company's Internet home page at www.investor.mcdonalds.com. McDonald...

3M & Wrapmate Broaden Relationship

Reportedly, 3M (MMM) and Wrapmate are entering a three-year global collaboration agreement in addition to the initial six-month collaboration that they had announced in September of 2019. The relationship is set to assist businesses to improve their marketability within the signage, print, and vehic...

Home Depot Quarter Earnings Hit By Expanded Worker Benefits And Social Distancing Norms At Stores

As per reports, The Home Depot, Inc. (HD) suspended its 2020 earnings guidance while reporting worse than expected earnings recently, due to high expenses incurred for the well-being of its workers. Home Depot spent $850 million on its expanded worker benefits during the quarter including paid time ...

Walmart Emerges With Strong Quarter Earnings Amid The Coronavirus Pandemic

Walmart Inc (WMT) released quarter earnings this week, beating Wall Street’s estimates. The retailer witnessed sales surge as consumers stocked up on food and essential supplies amid COVID-19 imposed lockdown. The company experienced a surge in demand late in March and early in April like many oth...

Johnson & Johnson’s Baby Powder Will Continue To Be Sold in U.K

Reportedly, healthcare giant Johnson & Johnson (JNJ) to continue selling its talc-based Johnson's Baby Powder in the UK and the rest of the world, after facing ban in the US and Canada. The component talc which is mined from the earth and is found close to that of asbestos, known to cause cance...

Nike Turns The Lights Back On In China & South Korea

As per reports, NIKE, Inc. (NIKE)  is stated that they reopening 100% of its company-owned stores and over 95% of its partner stores in China and South Korea. The company stores have remained closed since mid-march to control the spread of COVID-19 and have been relying on the digital space to pull...

Disney Suspends Quarterly Dividend

The Walt Disney Company (DIS) reported quarterly earnings and suspends its dividend payment as coronavirus lockdowns drain businesses of earnings. Updates from the Senior Leadership Team: CFO, Christine McCarthy stated that the company will forgo a July dividend payment to preserve $1.6 billion o...

Procter & Gamble Realizes Quarterly Growth Amid COVID-19 Pandemic But Uncertain On Fiscal 2020 Outlook

The Procter & Gamble Company (PG) reported quarterly earnings last month, riding high on staples like Charmin toilet paper and Bounty paper towels pushing U.S sales up by 10% amid the pandemic, as consumers stock on necessities. The company reported an EPS of $1.17 versus $1.13 expected. Revenue...

McDonald’s Reports Double-Digit Earnings Dip Amid Pandemic -Withdraws Fiscal 2020 Outlook

McDonald’s Corporation (MCD) reported its fiscal first-quarter earnings ending March 31 this week. The company witnessed a 17% decline in earnings caused by the COVID-19 pandemic.  Highlights from the release: Adjusted EPS of $1.47 per share and revenue of $4.71 was reported. Net income of...

Verizon Reports Q1 2020 Earnings & Removes Full Year Revenue Outlook

Telecom Giant, Verizon Communications, Inc. (VZ) released first-quarter 2020 earnings recently reporting earnings per share of $1.26, beating analysts’ estimate of $1.22. Total operating revenue of $31.6 billion was recorded, a 1.6% drop from a year earlier. Verizon lost 68,000 phone subscribers ...

3M Records Higher Profits Amid Growing Demand For N95 Masks

Reportedly, global science company 3M (MMM) has been riding high on additional profits due to the huge current demand of its N95 respirator masks during the ongoing Coronavirus pandemic, pushing its stocks up as much as 6%. 3M is the largest maker of masks witnessed a surge as the COVID-19 outbreak ...

Travelers Canada Expanding COVID-19 Relief Efforts With Stay-at-Home Auto Premium Credit Program

Reportedly, Travelers Canada, the Canadian division of The Travelers Companies, Inc. (TRV), has announced its new Stay-at-Home Auto Premium Credit Program offering its Canadian personal auto insurance customers a credit of 25% on one month’s premium. For the majority of customers' processing of t...

McDonald’s To Offer Meals To First-line Workers

Reportedly, McDonald’s Corporation (MCD) has volunteered to give away free meals to healthcare and first-line workers for the next two weeks starting from April 22 until May 5. "We have been inspired by the way our franchisees have been going above and beyond to support their local communities ...

Nike Is Now Making Protective Gear For Hospitals

As per reports, NIKE, Inc. (NIKE) has walked into making protective gear for hospitals including face shields and air-purifying respirator lenses. Nike has further decided to expand the number of protective gear in the coming days, to help protect front-line personnel from COVID-19. The equipment is...

Consumer Goods Giant P&G Announcing Q3 Results April 17, Boosting Quarterly Dividend

As per reports, The Procter & Gamble Company (PG) raised its quarterly dividend by 6% and announced that it is releasing its third-quarter results on April 17, earlier than its previously announced schedule of April 21. The consumer goods giant declared a quarterly dividend of 7.907 cents per sh...

Nike Names Ohio University Graduate Ann Hebert As VP, GM Of North America Geography

Reportedly, NIKE, Inc. (NIKE) veteran Ann Hebert, Vice President of Global Sales, to become Vice President, General Manager of North America Geography effective June 1 succeeding Tom Peddie, a long time executive retiring from the company. Hebert, graduated from Ohio University before starting her ...

Free Laundry Service Offered By P&G To Cincinnati’s First Line COVID-19 Responders

The Procter & Gamble Company (PG), a Dow 30 component, supplies branded consumer packaged goods to consumers across the globe.  As per reports, four locations of Procter & Gamble Company's (PG) Tide Cleaners in Greater Cincinnati are offering free laundry services to medical personnel and ...

McDonald’s Varied Declining Global Sales Across Markets During The COVID-19 Epidemic

Reportedly, 25 percent of McDonald’s Corporation (MCD) restaurants around the world remain closed due to the ongoing coronavirus crisis as Restaurants are closed in the countries of France, Italy, Spain, and the United Kingdom. However, un the U.S  99 percent of McDonald's restaurants remain open...

Walmart To Narrow Number Of Buyers In Stores As Coronavirus Cases Jump

As per reports,  Walmart is restricting the number of buyers in stores to encourage social distancing among customers amid the COVID-19 pandemic. The retailer to allow not more than five customers per 1,000 square feet at a given time. The customers to be admitted one by one and monitored by store ...

P&G’s Manufacturing Plant In Oxnard, CA Bounces Back After Fire Outbreak

As per reports, Procter & Gamble Company's (PG) 51-year-old manufacturing plant in the production of Charmin toilet paper and Bounty paper towels suffered fire damage on Monday impacting 10% of the huge P&G complex in Oxnard, Calif, but reportedly the workers are getting equipment back to se...

Walmart Introduces To Test Store Workers For COVID-19 Before Shifts

Reportedly, Walmart Stores, Inc. (WMT) is set to start taking the temperature of its employees before the start of their shift along with basic health-related screening questions as to safety measures amid the rapidly growing Coronavirus. The company plans to send infrared thermometers to all locati...

Walgreens Increases On-Demand Delivery Services Across Stores With Postmates Amid COVID-19 Pandemic

As per reports, Walgreen Boots Alliance (WBA) has partnered with Postmates to address the rising need for home delivery nationwide amid the coronavirus outbreak. Consumers can now get health and wellness items including some OTC products medications, household essentials from more than  7,000 Walg...

McDonald’s Drops Stock Buybacks Amid Coronavirus Outbreak

As per reports, McDonald’s Corporation (MCD) has suspended share buybacks to sail through the coronavirus crisis but its dividend policy has remained unchanged, stated Chief Executive Officer Chris Kempczinski to CNBC. This year in January, McDonald's declared a quarterly cash dividend of $1.25 p...

Procter & Gamble’s Vicks Contributes $1M Funding To Assist Front Line Health Workers of COVID-19

The Procter & Gamble Company (PG)'s Vicks® family of cold and flu brands – NyQuil™, DayQuil™ and VapoRub™ are donating $1 million to Direct Relief, a humanitarian aid organization aiming to improve the health and lives of people affected by poverty or emergencies, including COVID-19. T...

Disney Delays Launch Of Its Streaming Service Disney+ Launch In Europe

Dow 30 Component, The Walt Disney Company (DIS),  and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media.  Reportedly, The Walt Disney Com...

McDonald’s In Talks To Add Measures To Support Franchisees Amid The Coronavirus

As per reports, fast-food giant McDonald’s is considering rent deferral and other steps to secure liquidity at its franchisees around the world amid the limitations imposed on dine-in restaurants to promote social distancing to control the spread of COVID-19. "At this time, neither the duration...

Walmart & The Walmart Foundation Allocates $25M To Support Global Coronavirus Efforts

As per reports, Walmart and the Walmart Foundation have come forward with $25M in aid to support organizations working towards the coronavirus outbreak.  "In times of need, we see communities come together to do extraordinary things. This pandemic is no different. We are humbled by the efforts o...

Nike Announces Closure Of All U.S. Stores In Coordination With Social Distancing COVID-19 Efforts

As per reports, NIKE, Inc. (NIKE) is set to close all its Nike-owned stores in multiple countries around the world from March 16 through March 27, including in the United States, Western Europe, Canada, Australia, and New Zealand to control the spread of COVID-19. The customers can continue shoppin...

Disney Announces Release Of “Frozen 2” On Disney+ Today!

Dow 30 Component, The Walt Disney Company (DIS),  and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media. Reportedly, Disney is set to rele...

Walmart To Enforce Emergency Leave Policy After Cynthiana, Kentucky Associate Tests Positive For Coronavirus

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

Walgreens Issues Statement In Fight Against Organized Retail Crime (ORC)

Walgreen Boots Alliance (WBA) is a pharmacy-led, health and well-being enterprise with a long history of trusted healthcare services, community pharmacy care, and pharmaceutical wholesaling dates. Alex Gourlay, co-chief operating officer, Walgreens Boots Alliance, Inc issued a statement in support ...

P&G Seeks to Offer Relief To Victims Affected Recent Tennessee Tornadoes

The Procter & Gamble Company (PG), a Dow 30 component,  supplies branded consumer packaged goods to consumers across the globe. Reportedly, P&G will be distributing free personal care kits with everyday essentials, home care needs, as well as, cleaning supplies to the tornado affected area...

3M Relies On Regional Suppliers To Meet The Growing Demand For Masks Amid Coronavirus Outbreak

Coronavirus has taken the lives of more than 3,200 people and has reached more than 80 nations  & increasing the demand for medical supplies like face masks and sanitizers due to huge demand from citizens all over. As per the Reuters report, 3M (MMM) has ramped up testing and production of its ...

Walmart Intends To Hire 700 In Phoenix Area

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

Tokyo Disneyland Announces Two Week Closure Over Coronavirus Concerns

Dow 30 Component, The Walt Disney Company (DIS),  and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media. Reportedly, Tokyo Disneyland is s...

Disney’s Robert Iger Steps Down – Bob Chapek Takes Control As Seventh CEO

Dow 30 Component, The Walt Disney Company (DIS),  and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media. As per reports, Robert Iger to st...

P&G Honors Six Brand-Building External Partners

The Procter & Gamble Company (PG), a Dow 30 component,  supplies branded consumer packaged goods to consumers across the globe.  Procter & Gamble recognized six brand-building external partners with Agency Excellence Awards for exceptional partnership and work over past years. The evaluat...

Procter & Gamble Raises Earnings Concern Over Coronavirus Outbreak

The Procter & Gamble Company (PG), a Dow 30 component,  supplies branded consumer packaged goods to consumers across the globe.   Reportedly, Procter & Gamble stated that its current-quarter revenue and profit are expected to be affected due to coronavirus outbreak in China causing disru...

Home Depot To Hire 80k Part-Time Associates For 1,988 U.S. Stores Ahead Of Spring Season

The Home Depot, Inc. (HD) is the world’s largest home improvement retailer with retail stores all across North America. The Home Depot sells building materials and home improvement products, as well as lawn and garden supplies, and provides installation, home maintenance, and professional service ...

Walmart Falls Short Of Earnings For The Holiday Quarter

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

McDonald’s, Starbucks, Etc. Gearing Up For ‘Contactless’ Pickup In China

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 busi...

Nike Announces $.245 Quarterly Dividend Payable on April 1, 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. As per reports, Nike announced a quarterly cash dividend of ...

The Home Depot’s Exec. VP Of Merchandising Ted Decker Presenting At Raymond James Institutional Investors Conference In March

The Home Depot, Inc. (HD) is the world’s largest home improvement retailer with retail stores all across North America. The Home Depot sells building materials and home improvement products, as well as lawn and garden supplies, and provides installation, home maintenance, and professional service ...

Verizon Reports Mixed Q4 Results

Telecom Giant, Verizon Communications, Inc. (VZ) released its Q4 earnings on Thursday declaring mixed results. It reported adjusted earnings of $1.13 a share, while revenue rose by 1.4% to $34.8 billion in comparison to analysts’ estimates of earnings of $1.14 a share and revenue of $34.52 billion...

Travelers Discusses The Future Of Insurance & Autonomous Vehicles

Dow 30 component, The Travelers Companies, Inc. (TRV) is an insurance provider of property-casualty insurance for home, auto, and business. As per reports, Travelers hosted an event at its Hartford, Connecticut office to discuss the emergence of autonomous vehicles and their effects on the insuranc...

McDonald’s Releases Earnings, Beats Wall Street Estimates

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 busi...

Walgreens Lends Support To Puerto Rico After The Region Wrestles With Earthquake Aftermath

Walgreen Boots Alliance (WBA) is a pharmacy-led, health and wellbeing enterprise with a long history of trusted healthcare services, community pharmacy care, and pharmaceutical wholesaling dates. Reportedly, Walgreens is providing aid and supporting community efforts in Puerto Rico after the region...

CROC Defers Launching Of Strike Against Home Depot

The Home Depot, Inc. (HD) is the world’s largest home improvement retailer with retail stores all across North America. The Home Depot sells building materials and home improvement products, as well as lawn and garden supplies, and provides installation, home maintenance, and professional service ...

Walmart Invites Changes In Its Executive Team After 2019 Holiday Season

As per reports, Walmart (WMT) is shuffling its executive team after the 2019 holiday season. According to an internal memo of the company the company’s chief merchant Steve Bratspies is set to depart and will be replaced by Scott McCall. All of the changes are effective Feb 1, as per the memo. ...

Walmart India Fires More Than 50 Executives

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

Citic Looking For Buyers To Sell Its Stake In McDonald’s China For $300M

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 busi...

Travelers Beats Flying High On Premiums & Strong Underwriting

Dow 30 component, The Travelers Companies, Inc. (TRV) is an insurance provider of property-casualty insurance for home, auto, and business. Travelers released quarterly earnings reports last Thursday which moved higher on the shoulders of the increased premiums and strong underwriting. The Company...

P&G Reports Mixed Results But Raised Fiscal 2020 forecast

The Procter & Gamble Company (PG), a Dow 30 component,  supplies branded consumer packaged goods to consumers across the globe. Procter & Gamble is making a return to CES 2020 scheduled to showcase cutting-edge technologies promising to transform the consumer experience with innovative pro...

Nike’s So-called Super-Shoe Gains Limelight At Japan’s Road Races

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. Reportedly, Nike's Vaporfly Next% sneakers or so-called supe...

P&G Exhibiting Promising New Technology Aimed At Elevating Consumer Experiences At CES2020

The Procter & Gamble Company (PG), a Dow 30 component,  supplies branded consumer packaged goods to consumers across the globe. Procter & Gamble is making a return to CES 2020 scheduled to showcase cutting-edge technologies promising to transform the consumer experience with innovative pro...

Walmart To Exclusively Launch New Atvio Roku TV Lineup in Its Mexican Stores

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

Did Faulty Drinks Machine Cause The Deaths At A McDonald’s In Peru?

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 busi...

New York Life Set To Acquire A Cigna Subsidiary For $6.3B

Reportedly, New York Life is set to acquire Cigna's life and disability business in a definitive agreement for $6.3B. The deal is expected to be completed in Q3 2020 and is subject to regulatory approvals and conditions. Cigna expects to realize $5.3N approximately of net after-tax proceeds from t...

Disney+ To Debut On Vivendi SA’s Canal+ Pay-TV Platform March 2020

Dow 30 Component, The Walt Disney Company (DIS),  and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media. As per reports, Walt Disney is se...

Walgreens Boots Alliance Enters Joint Venture With McKesson

Walgreen Boots Alliance (WBA) is a pharmacy-led, health and wellbeing enterprise with a long history of trusted healthcare services, community pharmacy care, and pharmaceutical wholesaling dates. Reportedly, Walgreens Boots Alliance and McKesson Corporation are entering into a joint venture to merg...

Walmart De Mexico Reports Biggest Monthly Sales Gain In November

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

Nike Increasing Its Adaptive Clothing Offering

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. Reportedly, Nike is increasing its offering of adaptive clot...

Home Depot On The Hunt For Warehouse Space In Rotterdam, NY

The Home Depot, Inc. (HD) is the world’s largest home improvement retailer with retail stores all across North America. The Home Depot sells building materials and home improvement products, as well as lawn and garden supplies, and provides installation, home maintenance, and professional service ...

Walmart’s CEO Doug McMillon To Present At Barclays in NYC on Dec. 4th

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

Home Depot To Host 2019 Investor & Analyst Conference Dec. 11

The Home Depot, Inc. (HD) is the world’s largest home improvement retailer with retail stores all across North America. The Home Depot sells building materials and home improvement products, as well as lawn and garden supplies, and provides installation, home maintenance, and professional service ...

PayPal Acquiring LA’s Honey Science For ~$4 Billion

This week, PayPal Holdings, Inc. (PYPL) announced that it is acquiring Honey Science Corporation for approximately $4 billion, as per reports. Honey Science is a fast-growing technology platform for shopping and rewards, and along with PayPal’s two-sided network both the companies aim to transform...

Coca-Cola To Promote Plastic-Free Environment With Fully Recyclable Paperboard KeelClip Across Europe

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. As per reports, Coca-Cola along with its stra...

The Home Depot Cuts 2019 Sales Forecast

The Home Depot, Inc. (HD) is the world’s largest home improvement retailer with retail stores all across North America. The Home Depot sells building materials and home improvement products, as well as lawn and garden supplies, and provides installation, home maintenance, and professional service ...

McDonald’s Sued Over “Prevalent Sexual Misconduct” In Michigan

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 busi...

Walmart Welcomes Greater E-Commerce Growth In Q3

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

Disney Confirms Initial Strong Demand For Its New Streaming Service Disney+

Dow 30 Component, The Walt Disney Company (DIS),  and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media. Reportedly, Walt Disney’s strea...

Anheuser-Busch Purchases Remaining Shares of Portland’s Craft Brew Alliance

The Portland-based brewing company, Craft Brew Alliance (“CBA”), creator of world-class craft beers, and Anheuser-Busch (“A-B”) have entered into an agreement that carries on from their successful 25-year old partnership. Anheuser-Busch will also purchase the remaining Craft Brew Alliance sh...

Walmart’s CFO, Brett Biggs Presenting At Stephens 2019 Nashville Investment Conference Nov. 15th

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

P&G Pledges To Involve Only Female Music Artists For Its Secret Dry Sprays Product Ads

The Procter & Gamble Company (PG), a Dow 30 component,  supplies branded consumer packaged goods to consumers across the globe. Procter & Gamble recently announced that all the future advertising campaigns for the secret deodorant brand to feature and include only females including singers...

Disney Unveils New Attractions At Its Magic Kingdom Park

Dow 30 Component, The Walt Disney Company (DIS),  and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media. Reportedly, Walt Disney World is ...

P&G Pushing Environment Friendly Refills

The Procter & Gamble Company (PG), a Dow 30 component,  supplies branded consumer packaged goods to consumers across the globe. As an initiative to reduce environmental waste from the use of single-use containers retail giants, Procter & Gamble Co, Unilever, and The Body Shop are offerin...

Chris Kempczinski Takes The Reins at McDonald’s

Reportedly, Chris Kempczinski has taken the reins at McDonald’s replacing Steve Easterbrook as the company’s new CEO. On Sunday reportedly Easterbrook was ousted after a recent "consensual relationship" with an employee was disclosed. Kempczinski, an MBA graduate from Harvard Business School co...

Verizon Rides Highly In Third Quarter on Back Of Postpaid Wireless Customer Additions

On Friday, Verizon Wireless announced its third-quarter earnings beating analysts’ estimates. The telecom giant reported revenue of $32.9 billion versus $32.7 billion expected with adjusted EPS of $1.25 versus $1.24 expected. 601,00 postpaid wireless customer additions were recorded, almost double...

Former Ebay Chief John Donahoe Set To Take Over As CEO of Nike

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. Reportedly, John Donahoe, a member of Nike’s board since 2...

Consumer Goods Giant P&G Report Exceeds Wall Street Q1 Expectations

The Procter & Gamble Company (PG), a Dow 30 component,  supplies branded consumer packaged goods to consumers across the globe. Consumer goods giant P&G reported its Q1 earnings ending Sep 30 on Tuesday, exceeding expectations. The quarter saw revenue of $17.80 billion versus $17.42 bill...

McDonalds Reports Q3 Missing Wall Street Expectations

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 busi...

Walmart Offloading British Subsidiary’s Retirement Plan For $2.2B Pretax Charge

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

Coca-Cola Reports Strong Q3 Results

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. Coca-Cola released its Q3 revenue report last...

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), App...

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 quarter...

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 S...

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 rese...

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, Mc ...

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 t...

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 billio...

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...

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...

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 ...

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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