Procter & Gamble (PG) Q4 2023
Tide laundry detergent is shown on display in Compton, California, U.S., January 10, 2017. Mike Blake | Reuters Procter & Gamble on Friday reported quarterly earnings and revenue that beat …
Retail industry
ASEAN moves closer to economic unity with new regional payments system
Indonesian President Joko Widodo makes a speech during the Association of Southeast Asian Nations (ASEAN) Foreign Minister’s Meeting in Jakarta, Indonesia on July 14, 2023. Murat Gok | Anadolu Agency …
Credit card fee fight pits payment companies against retailers
Visa Inc. and Mastercard Inc. credit cards are arranged for a photograph in Tiskilwa, Illinois, U.S. Daniel Acker | Bloomberg | Getty Images A bipartisan push in Washington to clamp …
Coca-Cola says it’s done raising prices in U.S., Europe this year
A pedestrian passes a Coca-Cola delivery truck in Mexico City, Mexico, on Wednesday, Jan. 25, 2023. Jeoffrey Guillemard | Bloomberg | Getty Images For two years, Coca-Cola has been raising …
Shein says it is profitable as IPO rumors swirl
Customers hold shopping bags outside the Shein Tokyo showroom in Tokyo, Nov. 13, 2022. Noriko Hayashi | Bloomberg | Getty Images Shein notched its highest profit ever during the first …
McDonald’s creating CosMc’s spinoff restaurant brand
1980s McDonald’s Commercial screenshot featuring CosMc. Source: McDonald’s | YouTube McDonald’s is creating a spinoff restaurant chain called CosMc’s, executives said Thursday. The fast-food giant shared few details about the …
Bud Light maker Anheuser-Busch announces layoffs
An employee adjusts bottles of Bud Light beer at an Anheuser-Busch InBev facility in Virginia, Aug. 8, 2018. Andrew Harrer | Bloomberg | Getty Images Beverage giant Anheuser-Busch InBev announced …
Amazon offers concessions to UK CMA as part of marketplace probe
This photograph taken on June 14, 2023, shows US company Amazon’s group logo at the Vivatech technology startups and innovation fair at the Porte de Versailles exhibition centre in Paris. …
McDonald’s (MCD) Q2 2023 earnings
In an aerial view, a sign is posted in front of a McDonald’s restaurant on April 03, 2023 in San Pablo, California. Justin Sullivan | Getty Images McDonald’s is expected …
Gap taps Mattel executive Richard Dickson to be its new CEO
Richard Dickson, CEO of Gap Inc. Courtesy: Gap Inc. Gap announced Wednesday it’s poached a top Mattel executive to be its new CEO as the apparel giant seeks to reverse …