Some consumer/retail takeaways from the Fortune 500
The U.S. stock markets’ big gains in 2013 may have created a general sense the economy was finally improving last year. But retail and consumer companies in the Fortune 500 saw firsthand how consumers...
View ArticleConAgra throws Chef Boyardee under the bus
Pity poor Chef Boyardee. The 86-year-old canned pasta brand was singled out by ConAgra Foods CAG as the main culprit for the packaged food company’s underwhelming profit for a fourth quarter where...
View ArticleCoach finding relief in China, men’s market, while U.S. sales keep collapsing
It’s not every day that a 7% drop in sales and a 35% decline in profit is good enough to buoy investor sentiment and send shares soaring. But with struggling fashion and leathergoods maker Coach COH ,...
View ArticleThis mattress company’s profits are nothing to snooze at
Anyone who has tried it lately can probably attest that mattress shopping isn't exactly a bed of roses. Bed-in-a-box foam mattress e-tailers like Casper and Tuft and Needle have rightly earned rave...
View ArticleProcter & Gamble’s Argentina ops suspended after tax fraud charge
Argentina has accused Procter & Gamble PG , the world’s No. 1 household products maker, of tax fraud and said it suspended its operations in the South American country, according to a statement...
View ArticleStrong dollar slams consumer companies, from Tiffany to P&G
The strengthening dollar will make that summer vacation abroad more affordable.But it sure is taking a bite out of U.S. companies’ results. Procter & Gamble PG , the maker of products such as Tide...
View ArticleMondelez CEO: Companies ignore activist investors ‘at their peril’
Mondelez CEO Irene Rosenfeld has the ill-fated distinction of being one of the business world’s foremost experts when it comes to dealing with activist investors. Activists circled Kraft in 2011 as she...
View Article5 things P&G’s new CEO needs to get right
In a company where stability at the top was once a hallmark, the last decade and a half has been tough on Procter & Gamble. Durk Jager was named CEO in 1999 and lasted only 17 months. A.G. Lafley...
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