A major consumer company is considering a move that could put several familiar household brands on the market. The move comes as the company reassesses parts of its portfolio and seeks to strengthen performance in a key market. If completed, the sale could reshape a personal care business that includes well-known products used by consumers
“You don’t win friends with salad.” That’s a classic Homer Simpson line referring to his plan to host a barbecue where he cooks an entire pig, which horrifies his vegetarian daughter Lisa. In reality, however, there’s some truth to what Homer Simpson says. Restaurants based around salad, including Salad and Go, which closed all its
Becoming a global powerhouse is extremely difficult, and not many retailers manage to conquer such different markets around the world. Its success in one market doesn’t guarantee performance in another, as consumers behave differently. That’s why, oftentimes, brands make some changes when entering new countries, as they adapt to different economic and cultural environments.
Back in the late 70s and early 1980s, my small town had a mom-and-pop convenience store, Paul’s Market, as well as one location of a regional chain, Richdale’s. It later added a store from a larger chain, White Hen Pantry. 7-Eleven and other large chains existed, but local stores, even one-offs, were common. Now, just
After bankruptcy, ongoing restaurant closures, a sweeping restructuring, and years of financial pressure, a once-iconic seafood chain continues to shutter locations as it works to stabilize its business. The changes come as the company attempts to rebuild after a turbulent period that pushed the nearly 60-year-old restaurant chain into bankruptcy and led it to close more
Target has been trying its hardest to bring more shoppers to its stores. The company is in the throes of a turnaround plan to offer customers a better selection of products, more organized stores, and a generally improved shopping experience. And in that regard, there’s perhaps no better category to focus on than beauty. The
Costco has one of the most generous return policies in all of retail. The chain calls it a “Risk-Free 100% Satisfaction Guarantee” and explains its merchandise return policy as follows: “We guarantee your satisfaction on every product we sell, and will refund your purchase price.” There are, of course, exceptions, and those are listed on
While all amusement parks require significant upkeep to keep the rides both up to safety standards and interesting to new generations of visitors, any place offering water rides will incur specialized expenses due to the constant wear-and-tear that comes when high-volume electrical systems are exposed to harsh pool chemicals and constant moisture. In some cases,
Usually, when a restaurant chain goes under, it happens in steps. On The Border, for example, first closed a number of locations, then filed for Chapter 11 bankruptcy. It was purchased during that process and closed a few more locations. Then, its new owner filed for Chapter 7 bankruptcy for the brand, shutting down all
While artificial intelligence (AI) might be able to write a bad version of this article at a much lower price than what a human writer charges, the technology has its limitations. “AI, without question, is changing work,” Lowe’s CEO Marvin Ellison told The Wall Street Journal. “But somebody will still be required to crawl under